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4. A project has fixed costs of $5,000 per year, depreciation charges of $2,000 per year, revenue of $30,000 per year, and variable costs equal

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4. A project has fixed costs of $5,000 per year, depreciation charges of $2,000 per year, revenue of $30,000 per year, and variable costs equal to 70% of revenues. What is the degree of operating leverage for this project? O 1.5 3.5 1.2 O2.75 4.5

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