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9. Sam's company makes chairs. It incurs a fixed cost of $654454 per year, and the variable cost is $3.85 per unit. Sam sells 235563

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9. Sam's company makes chairs. It incurs a fixed cost of $654454 per year, and the variable cost is $3.85 per unit. Sam sells 235563 chairs for $28 each in a year. Calculate Sam's company's Degree of Operating Leverage. Ignore interest and taxes in your computation. (Do NOT enter a comma or any other text. Round your answer to the nearest 2 decimal places.) 10. The cash flows for a project are as follows: Initial Outlay: $66623 Year 1: $38,000 Year 2: $10,000 Year 3: $20.000 Year 4: $39183 Year 5: $7,000 The required rate of return is 15%. What is the Discounted Payback Period of the project? (Do not use a $ sign, comma, or any other text in the answer. Round your answer upto 2 decimal spaces.) 11. An asset used in four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $6420504.73 and will be sold for $1220597.23 at the end of the project. If the tax rate is 21.92 percent, what is the after-tax salvage value of the asset? Refer to table

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