The break-even point for an organization with a low operating leverage will be relatively higher than the break-even point for an organization with a high operating leverage.
Answer the following statement true (T) or false (F)
False
This statement is False. A low operating leverage has lower fixed costs and higher variable costs; therefore, the break-even point will be lower.
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Consider Table 11.1. Concerning the Tuesday quotations: compared to the cost of buying 100 pounds on the spot market, if 100 pounds were bought for future delivery, then in 180 days the dollar cost of the pounds would be
a. $3.40 higher. b. $3.40 lower. c. $6.80 higher. d. $6.80 lower.
Assuming that Ska's cost of equity capital is 14% and it expects to grow earnings at a rate of 8% per year, we would expect Ska's P/E ratio to be
a. 8 b. 16.7 c. 14 d. 4.5
Which of the following occurs during data cleansing?
A. Clean missing records. B. Clean redundant records. C. Clean inaccurate data. D. All of the above.
The ____________________ describes a frequency distribution by using a series of adjacent rectangles with no gaps in-between, each of which has the length that is proportional to the frequency of the observations within the range of values it represents
Fill in the blank(s) with correct word