An organization's vision statement needs to describe Group of answer choices the organization's purpose or reason for being and its strategic intent. the organization's ethical and diversity standards. the organization's purpose or reason for being. what the company will market and its business plan. what the company wants to become and where it wants to go strategically.

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?