Multiple Choice Questions on If composite leverage is 4 Then by what percentage will taxable income increase if sales increa........... for Punjab Government (Allied) Exams Preparation

Back to Main Page

Multiple Choice Questions

If composite leverage is 4 Then by what percentage will taxable income increase if sales increa...........

Finance( Revenue Account ) Leverage
    Download Solution PDF

    If composite leverage is 4. Then by what percentage will taxable income increase if sales increase by 6%.

    4%

    Incorrect Answer

    6%

    Incorrect Answer

    24%

    Correct Answer

    None of these

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Leverage
    Prepare through Micro-courses
    Try Now
    Explanation:

    Combined Leverage = Change in EPS/Change in Sales  = 4 x 6% = 24% is taxable income

    By: Vikas Goyal
    ProfileResources

    Let's Discuss

    Master
    Leverage
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free