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A project has the following estimated data: price = $200 per unit; variable costs =$150 per unit; fixed costs =$400,000; required return =9%; initial investment

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A project has the following estimated data: price = $200 per unit; variable costs =$150 per unit; fixed costs =$400,000; required return =9%; initial investment =$1,500,000;$200,000 salvage value; life =15 years. What is the degree of operating leverage at the financial break-even level of output? 4.23 2.23 3.23 1.23 5.23

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