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Really appreciate the help! You estimate that your cattle farm will generate $1 million of profits on sales of $4 million under normal economic conditions

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You estimate that your cattle farm will generate $1 million of profits on sales of $4 million under normal economic conditions and that the degree of operating leverage is 8 . a. What will profits be if sales turn out to be $3.5 million? Note: Leave no cells blank - be certain to enter " O " wherever required. Do not round intermediate calculations. Enter your answers in millions. b. What will profits be if sales turn out to be $4.5 million? Note: Do not round intermediate calculations. Enter your answers in millions. You estimate that your cattle farm will generate $1 million of profits on sales of $4 million under normal economic conditions and that the degree of operating leverage is 8 . a. What will profits be if sales turn out to be $3.5 million? Note: Leave no cells blank - be certain to enter " O " wherever required. Do not round intermediate calculations. Enter your answers in millions. b. What will profits be if sales turn out to be $4.5 million? Note: Do not round intermediate calculations. Enter your answers in millions

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