All Else Being Equal, a Company with a Low Operating

question 247

Multiple Choice

All else being equal, a company with a low operating leverage will have

• A)relatively high fixed costs.
• B)relatively high contribution margin ratio.
• C)relatively high risk.
• D)relatively high variable costs.

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Commitment

The state or quality of being dedicated to a cause, activity, or relationship.

Specific Job

A particular employment position defined by a unique set of duties and responsibilities.

Labor Force Discontinuity

Interruptions or gaps in a person's work history, often due to personal reasons, unemployment, or transitions between jobs.

Entrepreneurial Spirit

A mindset characterized by innovation, risk-taking, and the drive to create new businesses or revitalize existing ones.