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:

African-Americans

An ethnic group in the United States with partial or total ancestry from any of the Black racial groups of Africa, notable for their distinct cultural, historical, and social experiences.

Levittown

Low-cost, mass-produced developments of suburban tract housing built by William Levitt after World War II on Long Island and elsewhere.

Four Freedoms

Freedom of speech, freedom of worship, freedom from want, and freedom from fear, as described by President Franklin D. Roosevelt during his January 6, 1941, State of the Union address.

Franklin Roosevelt

The 32nd President of the United States (1933-1945), known for leading the country during the Great Depression and World War II.