Balance sheet
Which Of The Following Is Concerned With The Change In Operating Profit As A Result Of A Change In Volume?
A. Financial leverage
b. Breakeven point
c. Operating leverage
d. Combined leverage
b. Breakeven point
c. Operating leverage
d. Combined leverage
When a firm employs no debt
a) it has a financial leverage of one
b) it has a financial leverage of zero
c) its operating leverage is equal to its financial leverage
d) it will not be profitable
a) it has a financial leverage of one
b) it has a financial leverage of zero
c) its operating leverage is equal to its financial leverage
d) it will not be profitable