Business, 11.03.2020 18:26 annapittbull12
Which of the following statements is true of operating leverage? a. It shows how far a company's actual sales and/or units are above or below the break-even point. b. It is the difference between price and unit variable cost. c. It is the use of fixed costs to increase the percentage changes in profits as sales activity changes. d. It is the ratio of total contribution margin to sales or of unit contribution to price. e. None of these choices are correct.
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Which of the following statements is true of operating leverage? a. It shows how far a company's act...
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