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Which of the following is true in regard to operating leverage? Answer choices Operating leverage increases as profit increases Operating leverage decreases as total variable
Which of the following is true in regard to operating leverage?
Answer choices
Operating leverage increases as profit increases
Operating leverage decreases as total variable costs decrease
The operating leverage calculation includes product costs but excludes period costs
New technology generally decreases operating leverage
Companies with higher operating leverage experience higher increases in profit when sales increase (I think it is this one but I want to double check if my logic is correct)
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