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A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 60.85% of sales, while fixed

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A new restaurant is ready to open for business. It is estimated that the food cost (variable cost) will be 60.85% of sales, while fixed cost will be $450,000. The first year's sales estimates are $1,246,950. Calculate the firm's operating breakeven level of sales. Answer to 2 decimal places. Question 3 5 pts Maverick Technologies has sales of $3,000,000. The company's fixed operating costs total $473,570 and its variable costs equal 60% of sales. The company's interest expense is $500,000. What is the company's degree of total leverage (DTL)? Answer to 2 decimal places

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