A project has the following estimated data: price = $85 per unit; variable costs...
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A project has the following estimated data: price = $85 per unit; variable costs = $41.65 per unit; fixed costs = $7,800; required return = 16 percent; initial investment = $10,000; life = six years. Ignore the effect of taxes. The degree of operating leverage at the financial break-even level of output is:
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