At a base sales level of $400,000, a firm has a degree of operating leverage of 2 and a degree of financial leverage of 1.5. the firm's degree of total leverage is

The firm's degree of total leverage is 3

Explanation:

Degree of operating leverage: It shows a relationship between percentage change in Earning before income and tax (EBIT) and percentage change in sales

Degree of financial leverage: It shows a relationship between percentage change in Earning per share (EPS) and percentage change in Earning before income and tax (EBIT) .

Degree of combined leverage or total leverage : It is a multiply of  Degree of operating leverage × degree of financial leverage

For computing the degree of total leverage, the following formula is used which is shown below:

= Degree of Total leverage = degree of operating leverage × degree o financial leverage

= 2 × 1.5

= 3

The degree of total leverage is also known as degree of combined leverage

Hence, The firm's degree of total leverage is 3

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.