### Straight-line depreciation to zero over the four-year life

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Consider a four-year project with the following information: Initial fixed asset investment = \$460,000; straight-line depreciation to zero over the four-year life; zero salvage value; price = \$28; variable costs = \$18; fixed costs = \$150,000; quantity sold = 76,000 units; tax rate = 32 percent.

How sensitive is OCF to changes in quantity sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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