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The answers that i entered are not correct 4. value: 1.00 points Problem 11-18 Operating Leverage [LO4] Consider a four-year project with the following information:
The answers that i entered are not correct
4. value: 1.00 points Problem 11-18 Operating Leverage [LO4] Consider a four-year project with the following information: initial fixed asset investment = $600,000; straight-line depreciation to zero over the four-year life; zero salvage value; price = $35; variable costs = $28; fixed costs = $240,000; quantity sold = 90,000 units; tax rate = 30 percent. What is the degree of operating leverage at the given level of output? (Do not round intermediate calculations. Round your answer to 4 decimal places, e.g., 32.1616.) Degree of operating leverage 318000 What is the degree of operating leverage at the accounting break-even level of output? (Do not round intermediate calculations. Round your answer to 4 decimal places, e.g., 32.1616.) Degree of operating leverage 322900Step by Step Solution
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