For a given level of EBIT,greater changes in EPS produce
A) a decline in the degree of operating leverage.
B) a decline in the degree of financial leverage.
C) an increase in the degree of operating leverage.
D) no effect on any type of leverage.
E) an increase in the degree of financial leverage.

Question

Quizplus · Accepted Answer

The greater the change in the EPS given a change in sales, the greater the total leverage.

For a Given Level of EBIT,greater Changes in EPS Produce