The Degree of Operating Leverage Can Be Calculated As

question 178

Multiple Choice

The degree of operating leverage can be calculated as:

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

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Definitions:

State Statutes

State statutes are written laws enacted by the legislative bodies of individual states within the United States, governing various aspects of life and business within those states.

Federal Employment Law

Laws and regulations enacted at the federal level governing employment relationships, including wages, workplace safety, discrimination, and termination.

Coverage

The extent to which an insurance policy or other form of protection financial or legal protection applies to various potential risks or damages.

Pregnancy Discrimination Act

A U.S. federal law that forbids employment discrimination on the basis of pregnancy, childbirth, or related medical conditions.