What does ratio of variable expenses to revenue doubles mean? Am I taking the variable expenses amount

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What does "ratio of variable expenses to revenue doubles" mean? Am I taking the variable expenses amount and multiplying it by 50%? Then add that answer to the original amount to get the number the problem wants?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Posted Date: Mar 23, 2021 12:08 PM

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What does ratio of variable expenses to revenue doubles mean? Am I taking the variable expenses amount

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Finance Applications and Theory

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