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The firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales. (A True B False

The firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales. (A True B False

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6MCQ: The use of fixed costs to extract higher percentage changes in profits as sales activity changes...
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The firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales. A True B False
Transcribed Image Text:The firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales. A True B False
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