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Sheridans Soft Lemonade is starting to develop a new product for which the cash fixed costs are expected to be $70,000. The projected EBIT is
Sheridans Soft Lemonade is starting to develop a new product for which the cash fixed costs are expected to be $70,000. The projected EBIT is $100,000, and the Accounting DOL is expected to be 2.1. What is the Cash Flow DOL? (Round answer to 2 decimal places, e.g. 15.25.)
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