Question: quities [ 3 Fullscreen Consider a company where the majority of its expenses are fixed costs, similar to Jenny's personal finance situation with her mortgage
quities
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Consider a company where the majority of its expenses are fixed costs, similar to Jenny's personal finance situation with her mortgage and necessities. If this company experiences a increase in sales, what is likely to happen to its operating income, assuming all else remains constant?
Olt will increase by more than
Olt will remain about the same.
OIt will increase by less than
odule: Introducing the Stock Market
Next Module: Equity Research
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