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18 X and Y are Limited Liability Companies that pay no income tax, so their EBT is equal to their Nl. Here is some recent

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18 X and Y are Limited Liability Companies that pay no income tax, so their EBT is equal to their Nl. Here is some recent annual financial data for them: Income Statement Y Revenue 200 200 Variable Costs 20 BO Fixed Costs 80 20 NI 100 100 If the revenue of each company drops to $100 next year, which will be least profitable? Choose a company and a reason for your answer. It is the leanest running company reason for your answer. It is the leanest running company It has the lowest operating leverage It has no debt It has the highest operating leverage OY 'It has the lowest financial leverage It has the highest financial leverage It has the lowest COGS margin It has the best asset efficiency ratio

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