Question: High operating leverage means: the company has relatively high variable costs. the company has relatively low fixed costs. the company has relatively high fixed costs.
High operating leverage means:
| the company has relatively high variable costs. | ||
| the company has relatively low fixed costs. | ||
| the company has relatively high fixed costs. | ||
| the company has a relatively low amount of debt. | ||
| None of the answer choices is correct. |
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