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24 July, 22:42

Business risk is affected by a firm's operations. Which of the following is NOT directly associated with (or does not directly contribute to) business risk? a. The extent to which operating costs are fixed. b. Input price variability. c. Demand variability. d. Sales price variability. e. The extent to which interest rates on the firm's debt fluctuate.

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  1. 24 July, 23:09
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    The answer is letter E.

    Explanation:

    The statement that does not directly contribute to business risk is The extent to which interest rates on the firm's debt fluctuate.
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