Solution-Normal economic conditions

Normal economic conditions

Reference no: EM133060782

You estimate that your sheep farm will generate 1.5 million of profits on sales of 6.1 million under normal economic conditions, and that the degree of operating leverage is 4. What will sales be if profits turn out to be 1.3 million? Enter your answer in millions, rounded to two decimal places.

Reference no: EM133060782

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Normal economic conditions

Reference no: EM133060782

Reference no: EM133060782

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