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Which of the following statements regarding operating leverage is least accurate? Question 4 options: The degree of operating leverage is equal to the percentage change
Which of the following statements regarding operating leverage is least accurate?
Question options:
The degree of operating leverage is equal to the percentage change in EBITpercentage change in sales.
A firm with high operating leverage will typically have high fixed costs.
Operating leverage measures the impact of fixed production costs on the firm's operating income.
A firm with low operating leverage will typically have high fixed costs.
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