Question: Consider a four-year project with the following information: initial fixed asset investment = $580,000; 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 = $580,000; straight-line depreciation to zero over the four-year life; zero salvage value, price = $42; variable costs = $29; fixed costs = $255,000; quantity sold = 94.000 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 pis. e.g., 32.16.) LOCFIAQ S 2.76
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