The formula for calculating the Degree of Operating Leverage (DOL) is:
A. DOL= \(\frac{ Percentage \ change \ in \ EBIT}{Percentage \ change \ in \ sales}\)
B. DOL = \( \frac{Contribution}{EBIT} \)
C. DOL= \( \frac{EBIT \ + \ Fixed cost}{EBIT} \)
D. DOL.= \( \frac{EBIT}{Contribution} \)
Choose the correct answer from the given options:
1
A, C and D only
2
B, C and D only
3
A, B and C only
4
A and B only