I’m going through my formula sheet trying to brush up on the formulas before I take the cfa mock this afternoon. Are you guys memorizing these formulas? degree of operating leverage, degree of fin leverage, degree of total leverage, breakeven quantity, operating break even quantity? I have a hard time remembering them… how important are these?
I think it’s better to memorize them. This topic is introduced only this year and I expect to get some questions from it.
IVC Wrote: ------------------------------------------------------- > I’m going through my formula sheet trying to brush > up on the formulas before I take the cfa mock this > afternoon. Are you guys memorizing these formulas? > degree of operating leverage, degree of fin > leverage, degree of total leverage, breakeven > quantity, operating break even quantity? I have a > hard time remembering them… how important are > these? Considering that many EOC question of this session are based on these formulas (from what I remember), I would say they are a must…
Thanks guys!