Question: NO Chapter 12 - Homework Saved Help Save & Et Suomi Check my work 2 OceanGate sells external hard drives for $220 each. Its total

NO Chapter 12 - Homework Saved Help Save & Et Suomi Check my work 2 OceanGate sells external hard drives for $220 each. Its total costs are $40 million, and its variable costs per unit are $180. The corporate tax rate is 30%. If the economy is strong, the firm will sell 4 million drives, but if there is a recession, it will sell only half as many a. What will be the percentage decline in sales if the economy enters a recession? 121 points eBook Percentage decline in sales % Print References b. What will be the percentage decline in profits if the economy enters a recession? Percentage decline in profit % Print References c. Comparing your answers to (a) and (b), how would you measure the operating leverage of this firm? Operating leverage

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