The Degree of Operating Leverage Is Calculated as

question 97

Multiple Choice

The degree of operating leverage is calculated as

• A)Net operating income divided by contribution margin.
• B)Contribution margin divided by sales.
• C)Net operating income divided by sales.
• D)Contribution margin divided by net operating income.

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Definitions:

Vertebral Column

Portion of the vertebrate endoskeleton that houses the spinal cord; consists of many vertebrae separated by intervertebral discs.

Dorsal Notochord

A flexible rod-shaped structure in the embryo of all chordates, including humans, that provides skeletal support and defines the primitive axis of the embryo.

Pharyngeal Pouches

Embryonic features that form structures of the face and neck in vertebrates.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.