For questions 6 16 use the Westfield Corporation case and Excel documents in Canvas Files. Note: remember to check the comments in the Excel documents (red triangle in upper right hand corner of a cell the comment will appear).

1. As a business manager would you be feeling a sensitivity in sales level with year 8s degree of operating leverage, assuming that the relevant range for fixed expenses is fairly wide?

Group of answer choices

Yes, because for every 1% change in sales, either plus or minus, net operating income will change by 5%

No

Yes

No, because for every 1% change in sales, either plus or minus, net operating income will change by 5%