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Consider a four-year project with the folowing infomation: nal fned asset investment - $630,000; straight-line depreciation to zero over the four-year life; zero salvage value;
Consider a four-year project with the folowing infomation: nal fned asset investment - $630,000; straight-line depreciation to zero over the four-year life; zero salvage value; price $52; variable costs $40; fixed costs $305,000; quantity sold 124,000 units; tax rate-24 percent. How sensitive is OCF to changes in quantity sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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