NO.PZ2023090507000036
问题如下:
Innovatech is a firm with a primarily variable cost structure. Stablecorp is a firm with high fixed costs. Economic growth is expected to decelerate next year, reducing revenue growth for both companies.
Given the forecast of worsening business conditions, which company will experience a greater change in cash flow and profitability?
选项:
A.
Innovatech
B.
No difference
C.
Stablecorp
解释:
C is correct.
With revenue growth slowing, Stablecorp is likely to experience a greater change in cash flow and profitability. Stablecorp has high operating leverage due to its significant fixed costs, resulting in a larger impact on profits for a given change in revenues. In contrast, Innovatech's costs are variable, leading to lower operating leverage
不是很理解这道题,帮忙分析下