CMA Study Group

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  • 1.  CMA Pop Quiz - Q196

    Posted 09-08-2017 09:42 AM

    A degree of operating leverage of 3 at 5,000 units means that a

    a. 3% change in earnings before interest and taxes will cause a 3% change in sales.
    b. 3% change in sales will cause a 3% change in earnings before interest and taxes.
    c. 1% change in sales will cause a 3% change in earnings before interest and taxes.
    d. 1% change in earnings before interest and taxes will cause a 3% change in sales.



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    Morgan Del Rio
    Marketing and Social Media Manager
    IMA
    morgan.delrio@...
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  • 2.  RE: CMA Pop Quiz - Q196

    Posted 09-11-2017 01:42 AM
    c. 1% change in sales will cause a 3% change in earnings before interest and taxes.

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    Thiyagu Krish
    Mumbai
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