FLEV() - Financial leverage

Calculates the financial leverage. The greater a companies degree of financial leverage, the more the return on owner's equity fluctuates with changes in unit sales.

Returns

Double value if successful. If an error occurs, this function returns a zero.

Arguments

Type	Field	Description
double	dInt	Interest expense
double	dUnits	Units sold
double	dPrice	Price per unit
double	dVarCost	Variable cost per unit
double	dFixedCost	Fixed cost per unit

16 bit DLL declarations

PowerBuilder Function declaration

function double FLEV(double dInt, double dUnits, double dPrice, double dVarCost, double dFixedCost) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function FLEV lib "IFL16" (ByVal dInt As Double, ByVal dUnits As Double, ByVal dPrice As Double, ByVal dVarCost As Double, ByVal dFixedCost As Double) As Double

C/C++ Synopsis

#include "function.h"

double FLEV(double dInt, double dUnits, double dPrice, double dVarCost, double dFixedCost)

32 bit DLL declarations

PowerBuilder Function declaration

function double FLEV(double dInt, double dUnits, double dPrice, double dVarCost, double dFixedCost) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function FLEV lib "IFL32" (ByVal dInt As Double, ByVal dUnits As Double, ByVal dPrice As Double, ByVal dVarCost As Double, ByVal dFixedCost As Double) As Double

C/C++ Synopsis

#include "function.h"

double FLEV(double dInt, double dUnits, double dPrice, double dVarCost, double dFixedCost)

Example:

dInt	=	20,000
dUnits	=	10,000
dPrice	=	20.00
dVarCost	=	5.00
dFixedCost	=	50,000

Result: 1.25 (1.25%)