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Which of the Following Statements About Highly Leveraged Companies Is

Question 30

Multiple Choice

Which of the following statements about highly leveraged companies is true?


A) There is a higher possibility of net income or net loss and therefore more risk than a highly leveraged firm.
B) Fixed costs are high and variable costs are low.
C) Large changes in sales volume result in larger changes in net income.
D) All of these answers are correct.

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