Question

Statement I: It is preferable for the company to have a high degree of operational
leverage and a high degree of financial leverage.
Statement II: Having a high level of operational leverage and a low level of financial
leverage is dangerous for a business.
O Statement is correct but statement II is incorrect
O Statement Il is correct but statement is incorrect
O Both statements are correct
O Both statements are incorrect

Answer 1

Answer:

Both statement are correct✅