Question: Please show ALL work using excel Q20) Assume you are responsible for a project that has a required return of 16% and degree of operating
Please show ALL work using excel

Q20) Assume you are responsible for a project that has a required return of 16% and degree of operating leverage of 1.27. If the number of units sold decreases by 3.3% next year, what would you expect to happen to the operating cash flow? (Will the DOL stay the same? If not, what will be the new DOL?)
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