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1 . Given the forecasted data, determine the number of planes that the company must produce in order to break even, on both accounting basis

1. Given the forecasted data, determine the number of planes that the company must produce in order to break even, on both accounting basis and NPV basis. The 12-year project initial investment is $1,000 million, each plane sold for $12.5 million, the variable cost is $8 million each plane, the fixed cost is $110 million, the depreciation uses straight-line method, tax rate is 35% and the companys cost of capital is 11%. Please calculate accounting break-even and economic break-even for the project. Help with the excel calculations please.

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