Question: Consider a four-year project with the following information initial fixed asset investment = $486,000 straight-line depreciation to tero over the four- year life, zero salvage
Consider a four-year project with the following information initial fixed asset investment = $486,000 straight-line depreciation to tero over the four- year life, zero salvage value, price = $37; variable costs = $32, fixed costs = $206,000, quantity sold = 95.000 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 5 sign in your response.)
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