Question: that is the whole question Problem 10-16 Operating leverage You estimate that your cattle farm will generate $1 million of profits on sales of $4.4

that is the whole question

Problem 10-16 Operating leverage You estimate that your cattle farm will generate $1 million of profits on sales of $4.4 million under normal economic conditions and that the degree of operating leverage is 8. a. What will profits be if sales turn out to be $3.8 million? Note: Negative amount should be indicated by a minus sign. Round your answer to 1 decimal place. b. What if they are $5.0 million? Note: Round your answer to 1 decimal place

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