A Company with Low Operating Leverage Has Lower

question 165

Multiple Choice

A company with low operating leverage has lower

• A)profit margins.
• B)variable costs.
• C)fixed costs.
• D)selling prices.

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Definitions:

Loudness

A perceptual characteristic of sounds that enables their intensity to be ordered on a scale from quiet to loud.

Brightness

The perception of visual light intensity; the quality of being lighted, often quantified in terms of luminescence.

Saturation

The point at which a substance can no longer absorb or dissolve another substance, or in qualitative research, the point at which no new information is found.

Hue

The attribute of colors that enables an observer to classify them as red, green, blue, and so on, often determined by the wavelength of light.