1% improvement in ______ would create the biggest improvement of operating profit for a company. 1 pointFixed CostPriceSales VolumeVariable Cost
Question
Solution 1
The question seems to be asking which factor, when improved by 1%, would create the biggest improvement in a company's operating profit. The options given are Fixed Cost, Price, Sales Volume, and Variable Cost.
Here's a step-by-step analysis of each option:
- Fixed Cost: This is a cost that does Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
1% improvement in ______ would create the biggest improvement of operating profit for a company. 1 pointFixed CostPriceSales VolumeVariable Cost
A 1% improvement in which business variable would have the biggest impact on the bottom line?Select an answer:fixed costpricesales volumevariable cost
If the company has sales of Rs. 82.5 Lacs, variable cost Rs. 46.2 Lac, fixed cost Rs 6.6 lac. Operating leverage of firm.Options :3.562.451.224.98
1. Basic objectives of cost accounting is__________. A. tax compliance. B. financial audit. C. cost ascertainment. D. profit analysis
If a company has high operating leverage, what would be the likely effect on its risk and return?