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5. Given the following information, what is the financial break-even point? Initial investment = $210,000; variable cost = $85; fixed cost = $42,000; price =
5. Given the following information, what is the financial break-even point? Initial investment = $210,000; variable cost = $85; fixed cost = $42,000; price = $100; life = 7 years; required return = 12%; SL depreciation; before-tax salvage value of assets = $32,000; initial net working capital investment = $20,000, and tax rate is 21%.
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