The Percentage Change in Earnings Per Share (EPS) That Results

question 38

Multiple Choice

The percentage change in earnings per share (EPS) that results from a given percentage change in sales is known as the _____.

• A) degree of financial leverage
• B) degree of operating leverage
• C) degree of working capital leverage
• D) degree of current asset leverage
• E) degree of total leverage

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Definitions:

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Four Body Humors

An ancient theory suggesting that human health and temperament are governed by four bodily fluids: blood, phlegm, black bile, and yellow bile.

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