Firms with high fixed operating costs:
A) tend to have low operating leverage.
B) tend to have low sales levels.
C) tend to have high variable costs.
D) tend to have low variable costs.
Correct Answer:
Verified
Q1: The sales break-even point is defined as:
A)
Q3: Given fixed costs of $100,000, variable costs
Q4: Given fixed costs of $200,000, variable costs
Q5: Firms with relatively low fixed operating costs
Q6: If variable costs = $10.00 per unit;
Q7: Degree of operating leverage can best be
Q8: If sales in 1990 were $100,000 and
Q9: Total variable costs are $15,000, sales $50,000,
Q10: Whenever fixed costs are greater than zero,
Q11: Operating leverage has the effect of triggering:
A)
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