Question
Penn Corporation produced 50,000 units in year 1 and had operating cash flow of $200,000. In year 2 unit sales are expected to increase to
Penn Corporation produced 50,000 units in year 1 and had operating cash flow of $200,000. In year 2 unit sales are expected to increase to 55,000. The company has a degree of operating leverage of 2.0. What will the operating cash flow be in year 2?
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Finance And Control For Construction
Authors: Chris March
1st Edition
0415371155, 978-0415371155
