Answered: The degree of operating leverage (DOL)…

The degree of operating leverage (DOL) is interpreted as the ratio of the percentage change in net income to the percentage change in EBIT. Select one: True False

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter24: Analysis Of Financial Statements

Section: Chapter Questions

Problem 5MC

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The degree of operating leverage (DOL) is interpreted as the ratio of the percentage change in net income to the percentage change in EBIT.

Select one:

True

False

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