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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%)