Question: Using the data provided, calculate and interpret the degree of operating leverage (DOL) for Disney and its two amusement park peers. Summary Financial Data

Using the data provided, calculate and interpret the degree of operating leverage

Using the data provided, calculate and interpret the degree of operating leverage (DOL) for Disney and its two amusement park peers. Summary Financial Data for Disney and its Peers All Data in Millions of US Dollars Sales EBIT Disney Sales EBIT DOL 2018 59,434 14,837 Operating Leverage Calculations Disney 2017 55,137 13,873 Six Flags Six Flags 2018 1,464 523 Cedar Fair 2017 1,359 465 Cedar Fair 2018 1,349 291 2017 1,322 295

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