Question
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
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?
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
