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Problem 1 1 - 1 7 Sensitivity Analysis [ LO 1 ] Consider a four - year project with the following information: Initial fixed asset

Problem 11-17 Sensitivity Analysis [LO1]
Consider a four-year project with the following information: Initial fixed 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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