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Consider a three-year project with the following information: initial fixed asset investment = $665,000, straight-line depreciation to zero over the five-year life: ero salvage value:
Consider a three-year project with the following information: initial fixed asset investment = $665,000, straight-line depreciation to zero over the five-year life: ero salvage value: price = $39.20, variable costs = $29.85: fixed costs = $315,000, quantity sold = 85,000 units; tax rate = 23 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.) AOCFA
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