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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Nakumatt, is a supermarket chain in Kenya, where people go to show that they are educated and prosperous and cognizant of larger affairs
Indicate whether the statement is true or false
Business
________ is a comparative scaling technique in which respondents are required to allocate a constant sum of units such as point, dollars, chits, stickers, or chips among a set of stimulus objects with respect to some criterion
A) Constant sum B) Q-sort C) Paired comparison D) Rank order
Business