What Percentage Change in Sales Occurs If Profits Increase by 3

question 55

Multiple Choice

What percentage change in sales occurs if profits increase by 3 percent when the firm's degree of operating leverage is 4.5?

• A)0.33 percent
• B)0.67 percent
• C)1.5 percent
• D)3.33 percent DOL =
• =
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Definitions:

Core Principles

Fundamental beliefs or values that serve as the foundational guidelines for a business, organization, or individual's actions and decisions.

Professional Selling

The process of engaging in personal or virtual interaction with potential buyers to understand their needs and offer solutions that match those needs, conducted in a business-to-business (B2B) context.

Closing The Sale

The final step in the sales process where the salesperson successfully convinces the customer to make a purchase.

Accomplishing

Achieving or completing a task, goal, or objective through effort or a series of steps.