McqMate
| Q. |
If a firm has a DOL of 2.8, it means: |
| A. | If sales increase by 2.8%, the EBIT will increase by 1%, |
| B. | If EBIT increase by 2.896, the EPS will increase by 1 %, |
| C. | If sales rise by 1%, EBIT will rise by 2.8%, |
| D. | None of the above |
| Answer» C. If sales rise by 1%, EBIT will rise by 2.8%, | |
View all MCQs in
Financial ManagementNo comments yet