True/False
Whenever the percentage change in EBIT resulting from a given percentage change in sales is greater than the percentage change in sales, operating leverage exists.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q35: The cost of equity increases with increasing
Q36: Which of the following is true of
Q37: Since the sales price per unit generally
Q38: _ costs are a function of time,
Q39: Both operating and financial leverage result in
Q41: At the operating breakeven point, the sales
Q42: Generally, the greater a firm's times interest
Q43: Tangshan Mining Company must choose its optimal
Q44: As financial leverage increases, the cost of
Q45: In theory, a firm's optimal capital structure