If a Profitable Company Has Both Fixed and Variable Costs,its

question 101

True/False

If a profitable company has both fixed and variable costs,its operating leverage will always be greater than 1.

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Definitions:

Duals

A term often used in automotive contexts to refer to dual sets of tires, exhaust pipes, or other paired components for improved performance or capacity.

GVW

Gross Vehicle Weight, the maximum operating weight/mass of a vehicle as specified by the manufacturer, including the vehicle's chassis, body, engine, engine fluids, fuel, accessories, driver, passengers, and cargo.

Computer-Controlled

Refers to devices or systems that are operated or regulated by computer software.

Hydromechanically Managed

describes systems or mechanisms that are controlled or regulated through a combination of hydraulic and mechanical means, often for precision and efficiency.