Business, 04.07.2020 14:01 lilyella1004

You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast? 19.60 percent decrease
16.03 percent decrease
13.46 percent decrease
5.60 percent decrease
2.74 percent decrease

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