Gentech,Inc

question 83

Multiple Choice

Gentech,Inc.is an integrated circuit (microchip) manufacturer based out of New Jersey.Its principal products include microprocessors and motherboard chipsets.Selected financial statement values for Gentech are shown in the table,below.What is the degree of financial leverage for Gentech given the change in earnings from Year 1 to Year 2?

• A) 1.12
• B) 1.01
• C) 0.67
• D) 3.11
• E) 1.54

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Definitions:

Problem-solving Ideas

Problem-solving Ideas are innovative and creative solutions designed to address and overcome challenges or obstacles in various contexts.

Additional Calls

refer to follow-up or subsequent sales calls made after an initial contact, often to further persuade or finalize a deal.

Total Cost

The complete cost of acquisition, ownership, and operation of a product or service over its useful life.

Demand Equals Supply

An economic condition where the quantity of a product or service demanded by consumers is equal to the quantity supplied by producers.