Composite leverage explains change in taxable income on account of change in sales

Related MCQs

• Financial leverage indicates disproportionate change in taxable income as a result of change in……
• The ideal situation is to have high financial leverage and low operating leverage.
• The term trading on equity is generally used for …. .…financial leverage
• Dividend on preference share capital is ignored while calculating operating leverage.
• Operating leverage is not favourable when ………
• Operating lease is favoured by the lessee in respect of assets which depreciate in value on account of …..
• A critical assumption of NOI (Net operating income approach) to valuation is that…
• Who Introduced Net Income approach?