How Many Conversion Factors Can Be Derived from the Equality

question 44

Multiple Choice

How many conversion factors can be derived from the equality 60 seconds = 1 minute?

• A) two
• B) three
• C) four
• D) an unlimited number

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Definitions:

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its sales volume, highlighting the impact of fixed costs.

Automobile Manufacturing

The industry involved in the design, development, production, marketing, and selling of motor vehicles.

Sensitivity Analysis

A procedure for examining the repercussions that different magnitudes of an independent variable have on a dependent variable, within the context of predetermined assumptions.

Cash Break-Even

The amount of revenue necessary to cover all cash operating expenses, ignoring non-cash costs.