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point Which of the following statements is not true? Operating leverage refers to the extent to which a company's net income reacts to a given

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point Which of the following statements is not true? Operating leverage refers to the extent to which a company's net income reacts to a given change in sales. OA OB Companies that have higher fixed costs relative to variable costs have higher operating leverage. When a company's sales revenue is increasing, high operating leverage is good because it means that profits will increase rapidly, OC When a company's sales revenue is decreasing, high operating leverage is good because it means that profits will decrease at a slower pace than revenues decrease. OD

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