Question: Consider a four-year project with the following information: initial fixed asset investment = $630,000; straight-line depreciation to zero over the four-year life; zero salvage value;

Consider a four-year project with the following information: initial fixed asset investment = $630,000; straight-line depreciation to zero over the four-year life; zero salvage value; price = $52; variable costs = $40; fixed costs = $305,000; quantity sold = 124,000 units; tax rate = 24 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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