Which of the following related to Combined Leverage (CL)

(A) \(\mathrm{CL}=\frac{\text { Contribution }}{\mathrm{PBT}}\)

(B) \(\mathrm{CL}=\frac{\mathrm{EBIT}}{\mathrm{PBT}}\)

(C) \(\mathrm{CL}=\frac{\text { Contribution }}{\mathrm{EBT}}\)

(D) \(\mathrm{CL}=\frac{\% \text { Change in EPS }}{\% \text { Change in sales }}\)

(E) CL = Operating leverage × Financial leverage

Choose the correct answer from the options given below :

1
(A), (B) and (E) only
2
(B), (C) and (E) only
3
(A), (D) and (E) only
4
(A), (B) and (C) only

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