Assume the same facts as given in Exercise E12-23 for the Honeydukes Treat Shop. Required With a
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Assume the same facts as given in Exercise E12-23 for the Honeydukes Treat Shop.
Required With a 40 percent tax rate and a 8 percent time value of money, determine the annual unit sales required to break even on a time-adjusted basis. Assume straight-line depreciation is used to determine tax payments.
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