100% Pass Quiz IIA - Unparalleled IIA-CIA-Part2-KR - Practice of Internal Auditing (IIA-CIA-Part2 Korean Version) Test Dates - Championlandzone

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  • Vendor : IIA
  • Certifications : Certified Internal
  • Exam Name : Practice of Internal Auditing (IIA-CIA-Part2 Korean Version)
  • Exam Code : IIA-CIA-Part2-KR
  • Total Questions : 376 Q&As
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What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.
SKU: IIA-CIA-Part2-KR Categories: ,

Description

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    NEW QUESTION: 1
    A fundamental analyst for Smith, Kleen, & Beetchnutty is examining the financial information of Ludicrous Bubble Semiconductor to determine whether it is an appropriate investment for a hedge fund. In his analysis, the fundamental analyst has identified the following financial information:
    Sales $5,900,000
    Total fixed cost $2,300,000
    Total variable cost $1,665,000
    Interest expense $75,750
    EBIT $1,885,000
    Amortization expense $47,550
    Given this information, what is the Degree of Total Leverage for Ludicrous Bubble Semiconductor?
    A. 2.278
    B. 2.311
    C. 3.544
    D. 2.565
    E. 2.338
    Answer: A
    Explanation:
    Explanation/Reference:
    Explanation:
    The Degree of Total Leverage (DTL) demonstrates how a given change in sales will impact a firm's EPS.
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    Answer: D


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