超星 - 第5章判断选择题作业

单选题

If a firm has fixed costs of $30,000, a variable cost per unit of $.75, and a break-even point of 5,000 units, the sales price per unit is _____.

A. $2.5
B. $6.75
C. $4.0
D. $4.5

单选题

A high degree of operating leverage means

A. there are high labor costs
B. there is high debt
C. there is a large amount of equity.
D. there are high fixed costs.

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单选题

The degree of operating leverage is computed as

A. percent change in operating profit divided by percent change in net income.
B. percent change in unit volume divided by percent change in operating profit.
C. percent change in EPS divided by percent change in operating income.
D. percent change in operating income divided by percent change in unit volume.

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单选题

Firms with a high degree of operating leverage are

A. easily capable of surviving large changes in sales volume.
B. usually trading off lower levels of risk for higher profits
C. significantly affected by changes in interest rates
D. trading off higher fixed costs for lower per-unit variable costs

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单选题

Financial leverage deals with

A. the relationship of fixed and variable costs.
B. the relationship of debt and equity in the capital structure.
C. the entire income statement.
D. the entire balance sheet.

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单选题

If EBIT equals $200,000 and interest equals $40,000, what is the degree of financial leverage?

A. 5.33
B. 1.25
C. 0.8125
D. 4.33

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单选题

The degree of financial leverage is concerned with the relationship between

A. changes in volume and changes in EPS
B. changes in volume and changes in EBIT
C. changes in EBIT and changes in EPS
D. changes in EBIT and changes in operating income.

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判断题