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Which of the following would be implied by a decrease in a companys operating gearing ratio? Select one: a. The company is less profitable b.

Which of the following would be implied by a decrease in a companys operating gearing ratio?

Select one:

a. The company is less profitable

b. The company is more risky

c. The company has a lower proportion of costs that are variable

d. The company has profits which are less sensitive to changes in sales volume

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