Multiple Choice
Degree of operating leverage is calculated as:
A) profit divided by contribution margin.
B) break-even sales divided by profit.
C) profit divided by break-even sales.
D) contribution margin divided by profit.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: The target sales level equals fixed costs
Q22: The formula for target units is:<br>A)(Total fixed
Q23: Harvest Corp.has a contribution margin ratio of
Q24: Duncan had revenues of $900,000 in March.Fixed
Q25: Fountain Corp.has a selling price of $15
Q27: Holly Inc.sells a single product for $40.Variable
Q28: Frontier Corp.sells units for $50,has unit variable
Q29: The margin of safety tells managers:<br>A)how much
Q30: Thunder Corp.has a selling price of $25
Q31: Skyline Corp.has a selling price of $25