If two companies have identical unit sales volume and operating risk, they are most likely to also have identical:

a. sales risk.
b. business risk.
c. sensitivity of operating earnings to changes in the number of units produced and sold.

Ans: c. sensitivity of operating earnings to changes in the number of units produced and sold.

Business

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When deciding whether or not to replace old equipment with new equipment, the overriding consideration is the

a) salvage value of the old equipment. b) difference between future cost savings and the new equipment's costs. c) book value of the old equipment. d) cost of replacing the old equipment.

Business

Organization development is __________.

Fill in the blank(s) with the appropriate word(s).

Business