Statement 1 : A company’s degree of financial leverage is different at different number of units produced and sold.
Statement 2: A company’s degree of operating leverage is different at different levels of operating earnings.
Which one(s) correct?
Statement 1 : A company’s degree of financial leverage is different at different number of units produced and sold.
Statement 2: A company’s degree of operating leverage is different at different levels of operating earnings.
Which one(s) correct?
What do you think?
Why?