High operating gearing refers to:
A) an activity with fixed costs equal to its variable costs.
B) an activity with relatively high variable costs compared with its fixed costs.
C) an activity with relatively low fixed costs compared with its variable costs.
D) an activity with relatively high fixed costs compared with its variable costs.
Correct Answer:
Verified
Q24: The organisation more likely to be highly
Q25: The statement of financial performance for
Q26: Contribution per unit is best described as:
A)the
Q27: How is margin of safety best described?
A)as
Q28: Use the information below to answer
Q30: Use the information below to answer
Q31: If sales revenue totals $84,000, selling price
Q32: Which of the following statements is correct?
A)contribution
Q33: Selling price per unit less variable costs
Q34: Which of these is a limitation in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents