A project has the following estimated data price 74 per, Ask an Expert

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A project has the following estimated data: price = $74 per unit; variable costs = $47 per unit; fixed costs = $22,500; required return = 8 percent; initial investment = $24,000; life = three years.

What is the degree of operating leverage at the financial break-even level of output? (Do not round intermediate calculations. Round your answer to 3 decimal places, e.g., 32.161.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92707173

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