60 Investment Analysis
For repeated calculations the following HP 12C Platinum program can be used:
12c platinum / 12C
RPN KEYSTROKES
DISPLAY
12c platinum
ALG KEYSTROKES
DISPLAY
fs
fs
fCLEARÎ
000,
fCLEARÎ
000,
:3
001, 45 3
:3
001, 45 3
:2
002, 45 2
-
002, 30
-
003, 30
:2
003, 45 2
§
004, 20
§
004, 20
\
005, 36
~
005, 34
\
006, 36
³
006, 36
:1
007, 45 1
:1
007, 45 1
-
008, 30
à
008, 24
z
009, 10
b
009, 25
g(000
010,43,33,000
Þ
010, 16
fs
y
011, 22
g(000
012,43,33,000
fs
REGISTERS
n: Unused i: Unused PV: Unused PMT: Unused
FV: Unused R
0
: Unused R
1
: F R
2
: V
R
3
: P R
4
-R
.8
: Unused
Program Instructions:
1. Key in the program.
2. Key in and store input variables F, V and P as described in the Break-Even Analysis
program.
3.
Key in the sales volume and press t to calculate the operating leverage.
4. To calculate a new operating leverage at a different sales volume, key in the new sales
volume and press t.
Example 2: For the figures given in example 2 of the Break-Even Analysis section,
calculate the operating leverage at a sales volume of 9,000 and 20,000 units if the sales
price is $12.50 per unit.
12c platinum / 12C
RPN Keystrokes
12c platinum
ALG Keystrokes
Display Comments
35000?1 35000?1
35,000.00
Fixed costs.
8.25?2 8.25?2
8.25
Variable cost.
12.5?3 12.5?3
12.50
Sales price.
9000t 9000t
11.77
Operating leverage near break-
even.
20000t 20000t
1.70
Operating leverage further
from break-even.