Which of the Following Is the Correct Mathematical Expression of the Degree

question 186

Multiple Choice

Which of the following is the correct mathematical expression of the degree of operating leverage (DOL) ? (ÄQ is the change in volume)

• A) DOL = %ÄEBT \(\div\) %ÄQ
• B) DOL = %ÄEBIT \(\div\) %ÄQ
• C) DOL = %ÄQ \(\div\) %ÄEBIT
• D) DOL = %ÄQ \(\div\) %ÄEBT

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Definitions:

Add

To combine or join one thing with another, increasing the amount, number, or the total.

Inference Forms

Logical sequences in which the conclusion is a direct result of the premises presented.

MP

Short for Member of Parliament, an individual elected to serve as a representative of the citizens in the parliamentary government.

Conj

An abbreviation often used for "conjunction," a logical operation that combines two conditions or statements, resulting in truth only if both elements are true.