You estimate that your cattle farm will generate $0.20 million of profits on sales of $4 million under normal economic conditions and that the degree of operating leverage is 5. a. what will profits be if sales turn out to be $3.2 million? (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.)
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![5=\frac{[\frac{EBIT1-0.20}{0.20}]}{\frac{3.2-4}{4} }](/tpl/images/0352/1478/11cbf.png)
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You estimate that your cattle farm will generate $0.20 million of profits on sales of $4 million und...
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