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A project has OCF of $300,000 per year and degree of operating leverage of 5. What is the amount of fixed costs incurred by this
A project has OCF of $300,000 per year and degree of operating leverage of 5. What is the amount of fixed costs incurred by this project on annual basis?
Multiple Choice
- $900,000
- $50,000
- $1,200,000
- $75,000
- $1,800,000
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