Question
At an output level of 46,000 units, you calculate that the degree of operating leverage is 3.2. The output rises to 52,000 units. What will
| At an output level of 46,000 units, you calculate that the degree of operating leverage is 3.2. The output rises to 52,000 units. |
| What will the percentage change in operating cash flow be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Percentage change in OCF | % |
| Will the new level of operating leverage be higher or lower? |
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The Misbehavior Of Markets A Fractal View Of Financial Turbulence
Authors: Benoit Mandelbrot, Richard L Hudson
1st Edition
0465043577, 978-0465043576
