q15

Which of the following statements about operating leverage is false? O a. If the degree of operating leverage higher for a company, this means that the company is less risky than another company with low degree of operating leverage O b. Operating leverage measures how operating income will be affected by changes in sales Oc Keeping all factors constant, the higher the contribution margin, the higher the operating leverage. O d. All of the given answers are true. Oe. The degree of operating leverage is higher for companies with higher fixed costs