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Ergotone Audio Had a Degree of Accounting Operating Leverage Equal

question 68

Multiple Choice

Ergotone Audio had a degree of accounting operating leverage equal to 1.60 during the most recent period. If the firm's EBITDA was $3,000 and its fixed costs were equal to $1,250, then what was Ergotone 's depreciation and amortization expense during the same period?(Round the final answer to the nearest whole dollar.)


Definitions:

Purchasing Process

A series of steps undertaken by organizations to acquire goods or services from suppliers.

Recognized and Described

Acknowledged or identified and then explained or detailed in words.

Vendor/Supplier Managed

A situation in which the supplier takes responsibility for maintaining inventory levels and ordering supplies, typically based on previously agreed-upon guidelines with the purchaser.

Purchasing Cards

Specialized payment cards issued to employees to make procurement transactions more efficiently and to reduce processing costs.

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