What will profits be if sales turn out to be

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You estimate that your cattle farm will generate $.30 million of profits on sales of $6 million under normal economic conditions and that the degree of operating leverage is 4. (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Enter your answers in millions rounded to 1 decimal place.) a. What will profits be if sales turn out to be $4.5 million? Profit will to $ million. b. What if they are $7.5 million? Profit will to $ million.

Reference no: EM131072711

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What will profits be if sales turn out to be : You estimate that your cattle farm will generate $.30 million of profits on sales of $6 million under normal economic conditions and that the degree of operating leverage is 4. (Leave no cells blank - be certain to enter "0" wherever required. What w..

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