The lowest possible operating leverage factor for a company is 1 and only occurs when
A) variable costs are zero.
B) a company has the same amount of variable and fixed costs.
C) fixed costs are zero.
D) the company is at breakeven.
Correct Answer:
Verified
Q247: Matthew's Fish Fry has a monthly target
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Q249: The higher the operating leverage factor, the
A)lessen
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Q253: Matthew's Fish Fry has a monthly target
Q254: Curvy Confections is considering building a new
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Q256: Light Me Up Lamps has variable expenses
Q257: Tom's Taxidermy expects to sell 1200 units
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