Cross-elasticity is the percentage change in one product's sales due to a percentage change in a marketing variable for another product, such as price

________ is the potential use of fixed operating costs to magnify the effects of changes in sales on earnings before interest and taxes

A) Financial leverage B) Operating leverage C) Operating budget D) Ratio analysis

The work of Modigliani and Miller produced a near 100% debt/value mix for firms in a world of taxes. As it turns out, the theoretical and the actual debt/value ratio for most firms are almost identical at just about 100%

Indicate whether the statement is true or false.