Question: 17. I need some help. Consider a four-year project with the following information: Initial fixed asset investment =$570,000; straight-line depreciation to zero over the four-year
Consider a four-year project with the following information: Initial fixed asset investment =$570,000; straight-line depreciation to zero over the four-year life; zero salvage value; price =$40; variable costs =$27; fixed costs =$245,000; quantity sold =88,000 units; tax rate =22 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.)
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