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NEW QUESTION: 1
Alvarez Technologies has sales of $3,000,000. The company's fixed operating costs total $500,000 and its variable costs equal 60 percent of sales, so the company's current operating income is $700,000. The company's interest expense is $500,000. What is the company's degree of total leverage (DTL)?
A. 3.250
B. 1.714
C. 6.000
D. 3.500
E. 3.100
Answer: C
Explanation:
Explanation/Reference:
Explanation:
DTL = (S - VC)/(EBT - I)
= ($3,000,000 - $1,800,000)/($700,000 - $500,000)
= 6.

NEW QUESTION: 2

A. Option B
B. Option D
C. Option C
D. Option A
Answer: A

NEW QUESTION: 3
What procedure uses a clot-dissolving agent during acute MI to restore blood flow and limit myocardial necrosis?
A. Thrombolytic therapy.
B. Radionuclide imaging.
C. PTCA.
D. CABGS.
Answer: A

NEW QUESTION: 4
Which of the following is a tool or technique used in the Manage Quality Process?
A. Expert judgment
B. Meetings
C. Audits
D. Control chart
Answer: C