Question: Consider a four-year project with the following information: Initial fixed asset investment= $476,000; 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= $476,000; straight-line depreciation to zero over the four year life, zero salvage value price - $27; variable costs = $20; fixed costs = $196,000, quantity sold = 85,000 units; tax rate = 34% How sensitive is OCF to changes in quantity sold? (Do not round Intermediate calculations, Round the final answer to 2 decimal places. Omit $ sign in your response.)
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