A realistic goal finds a mid-point between no challenge and extraordinary challenge

How should you conclude each interview with an expert?

Inform the expert that you will be calling him or her later to verify points. Express your appreciation and ask for permission to telephone later to verify points. Ask a lot of open-ended questions in the last five minutes.

What is the fixed-cost expenditure for a firm with a DOL of 4.5 that generates pretax profits of $1 million and has $600,000 in depreciation expense?

A) $2.1 million B) $1.1 million C) $3.9 million D) $2.9 million