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Consider a four-year project with the following information: initial fixed asset investment $430,000; straight-line depreciation to zero over the four-year life; zero salvage value, price
Consider a four-year project with the following information: initial fixed asset investment $430,000; straight-line depreciation to zero over the four-year life; zero salvage value, price = $24; variable costs- $16; fixed costs-$120,000; quantity sold = 72,000 units, tax rate-34 percent. What is the degree of operating leverage at the given level of output? (Do not round intermediate calculations. Round your answer to 4 decimal places, e.g., 32.1616.) Degree of operating leverage What is the degree of operating leverage at the accounting break-even level of output? (Do not round intermediate calculations. Round your answer to 4 decimal places, e.g., 32.1616.) Degree of operating leverage
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