Question: I need help on my HW. Please do not flag my question, I will not use the tutor's work as my own. What is operating
I need help on my HW. Please do not flag my question, I will not use the tutor's work as my own.
What is operating leverage, and how does it affect a firm's businessrisk?
a.Show the operating break-even point if a company has fixed costs of $22,000, a sales price of $36, and variables costs of $14.
b.What is the break-even quantity if the price is decreased to $30?
c.What is the break-even point if the price is decreased to $30 and costs increase to $19?
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