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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.

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IVC Wrote:
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> 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...

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Thanks guys!

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