Question 1A firms break-even point will rise if:A. fixed costs decrease.B. contr

Question 1A firms break-even point will rise if:A. fixed costs decrease.B. contribution margins increase.C. price per unit rises.D. variable cost per unit rises.Question 2Which of the following is concerned with the change in operating profit as a result of a change in volume?A. Financial leverageB. Break-even pointC. Operating leverageD. Combined leverageQuestion 3Cash breakeven analysis:A. is helpful in analyzing the short-term outlook of the firm particularly when it is in trouble financially.B. is important when analyzing long-term profitability.C. includes depreciation expense as a fixed cost when calculating the degree of financial leverage.D. none of the aboveQuestion 4The degree of operating leverage may be defined as:A. the percent change in operating income divided by the percent change in unit volume.B. Q (P-VC) divided by Q (P-VC) FC.C. S TVC divided by S TVC FC.D. all of the above.