A company is trying to set a side a chunk of money to update an outdated production process. If the company set aside $129,000 each year, determine the future worth of the saving 9 years from now. Use interest rate 4% per year.

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?