Question: >> Question 15 2.5 pts Consider the following statements: 1. High Operating gearing makes profits more sensitive to changes in the volume of activity. 2.
>> Question 15 2.5 pts Consider the following statements: 1. High Operating gearing makes profits more sensitive to changes in the volume of activity. 2. When deciding between alternative courses of action, all future costs should be taken into account Which of these statements is/are correct? 1 false 2-false 1- true 2-false 1 false 2 - true 1- true 2 true > Question 16 2.5 pts Which one of the following best describes a variable cost? One that is affected by the time period One that is constant per unit of output, irrespective of the level of output One that is affected by the general level of inflation One that does not change proportionately with output etv RA MacBook
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
