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The following information is for Companies M and N for the most recent year: Company M Company N Sales $500,000 $500,000 Variable costs $300,000 $200,000
The following information is for Companies M and N for the most recent year:
|
| Company M | Company N |
| Sales | $500,000 | $500,000 |
| Variable costs | $300,000 | $200,000 |
| Fixed costs | $ 50,000 | $150,000 |
N s magnitude of operating leverage was lower than M s.
True
False
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