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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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