Question: what is the correct answer ? Consider a four-year project with the following information: initial fixed asset investment = $605,000, straight-line depreciation to zero over

Consider a four-year project with the following information: initial fixed asset investment = $605,000, straight-line depreciation to zero over the four-year life; zero salvage value; price $47; variable costs $34: fixed costs $280,000; quantity sold 109,000 units; tax rate = 24 percent. a. What is the degree of operating leverage at the given level of output? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) b. What is the degree of operating leverage at the accounting break-even level of output? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) 8 Answer is complete but not entirely correct. a. Degree of operating leverage b. Degree of operating leverage 1.2400 2.8500
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