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nikklg [1K]
4 years ago
13

The degree of operating leverage at a specific level of sales helps the managers calculate the effect that potential changes in

sales will have on operating income. true or false
Business
1 answer:
Zarrin [17]4 years ago
5 0

Answer: TRUE

Explanation:

The DEGREE OF OPERATING LEVERAGE (DOL) is a ratio that measure just how much operating income will change if there is a change in sales.

The formula is the % change in EARNINGS BEFORE TAX/ % change in SALES.

This measure therefore assists analysts in estimating the impact of any change in sales in a company.

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3 years ago
On January 1, 2020 (the date of grant), Concord Corporation issues 2,300 shares of restricted stock to its executives. The fair
ioda

Answer:

Explanation:

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3 years ago
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3 0
3 years ago
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