Multiple Choice
Other factors being constant, higher fixed operating costs mean:
A) higher financial leverage
B) higher operating leverage
C) lower combined leverage
D) the degree of financial leverage is equal to 1.0
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q44: EBIT/EPS analysis shows the ranges of EBIT
Q45: Minimum cash flow ∕ Investment = Maximum
Q46: A decrease in the debt ratio will
Q47: All of the following components are needed
Q48: If a firm has current earnings before
Q50: Surveys of U.S. firms find that most
Q51: Which of the following is not potentially
Q52: A theory that firms time the market
Q53: A firm's business risk is affected by
Q54: Retained earnings are not directly related to