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A project has following estimated data: Price - S60 per unit; variable cost - $30 per unit: Fixed cost-$100,000, Company has borrowings of $100,000 at
A project has following estimated data: Price - S60 per unit; variable cost - $30 per unit: Fixed cost-$100,000, Company has borrowings of $100,000 at a rate of 10% Calculate the combined leverage of the project when units sold are 10,000 units. a 1.58 b. 0.63 c. 1.50 d. 1.05
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