Can you assist me getting started with this assignment?
Question 1: What are some examples of fixed and variable costs from your workplace? Which costs may have both variable and fixed components? How can this be resolved for analysis purposes?
Question 2: What is the definition of operating leverage? How does operating leverage differ in manufacturing, service, merchandising, and e-commerce companies? How can operating leverage be used to increase a company's profitability? How do the four categories of ratios combine to give a full picture of a company's health?