Question: You estimate that your soy farm will generate 0 . 5 million of profits on sales of 6 . 7 million under normal economic conditions,
You estimate that your soy farm will generate million of profits on sales of million under normal economic conditions, and that the degree of operating leverage is What will profits be if sales turn out to be million? Enter your answer in millions, rounded to two decimal places.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
