Check my work OceanGate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its variable costs per unit are $140. The corporate tax rate is 30%. If the economy is strong, the firm will sell 2 million drives, but if there is a recession, it will sell only half as many. a. What will be the percentage decline in sales of the economy enters a recession? 05:52) Percentage decline in sales % ences b. What will be the percentage decline in profits if the economy enters a recession? Percentage decline in profits c. Comparing your answers to (a) and (b), What is the firm's degree of operating leverage?! (Prey 1 of 17 !!!. Next > e web and Windows Chec b. What will be the percentage decline in profits if the economy enters a recession? Percentage decline in profits C. Comparing your answers to (a) and (b), What is the firm's degree of operating leverage?! Operating leverage Prev 1 of 17 Next > Jindows