Business, 18.12.2019 06:31 baltazmapa629n

Which of the following statements is not true? select one:

a. operating leverage refers to the extent to which a company's net income reacts to a given change in sales.
b. companies that have higher fixed costs relative to variable costs have higher operating leverage.
c. when a company's sales revenue is increasing, high operating leverage is good because it means that profits will increase rapidly.
d. when a company's sales revenue is decreasing, high operating leverage is good because it means that profits will decrease at a slower pace than revenues decrease.

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Which of the following statements is not true? select one:

a. operating leverage refe...

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