Which of the following offers the most plausible scenario for a firm that maintained a constant degree of operating leverage when its level of fixed costs doubled?
A) sales revenues declined
B) pretax profits decreased
C) variable cost percentage decreased
D) depreciation expense increased
Answer: C) variable cost percentage decreased
Business
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Lot-for-lot (L4L) is a rule that maintains the same order quantity each time an order is issued
Indicate whether the statement is true or false
Business
Conflict is most easily defined as a(n):
A) Act of immaturity B) Break down in communication C) Expression of low self-esteem D) All of the above
Business