Question: Operating leverage is best described as: 1 ) A measure of the extent to which an organization's contribution margin is affected by sales mix of

Operating leverage is best described as:1) A measure of the extent to which an organization's contribution margin is affected by sales mix of products2) A measure of the extent to which an organization's costs are fixed 3) A measure of the extent to which an organization's costs are financed by equity4) A measure of the extent to which an organization's operations are financed by debt

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