Question: A firm with high operating leverage is best defined as a firm that has: Select one: a. a high sales/assets ratio. b. high fixed costs

A firm with high operating leverage is best defined as a firm that has: Select one:

a. a high sales/assets ratio.

b. high fixed costs relative to variable costs.

c. a low, relatively stable beta.

d. high variable costs relative to fixed costs.

e. a high debt-to-equity ratio.

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