摘要
本文运用杠杆原理,研究分析了经营中存在的经营杠杆及其杠杆度,推导出经营杠杆度的计算公式,阐明了经营杠杆在P-S图中的位置及其确定方法。得出以下几个结论:①经营杠杆是实际经营中客观存在的;②经营杠杆度DOL与安全边际系数MRS互为倒数关系,两者都对企业的经营状况起警示作用;③经营杠杆度DOL对销售收入S的函数为单调减函数;④企业应力求通过减小DOL来增加息税前利润EBIT。
This Thesis researches operating leverage and its degree in operating, derives the formula, illustrates how to plot operating leverage in a profit-sale chart, educes the following conclusions :(1)operating leverage objectively inhere in all business. (2) between degree of operating leverage DOL and degree of margin of safety MRS are reciprocal (3) DOL is a monotone minus function to sale income. (4) all enterprise should struggle to decrease DOL for increasing profit before interest and tax.
出处
《财会通讯（下）》
北大核心
2004年第5期59-62,共4页
Communication of Finance and Accounting
