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a 5-year project that will sell shoes for $50 per pair. The fixed costs are projected to be $1,500 per year, while the variable costs
a 5-year project that will sell shoes for $50 per pair. The fixed costs are projected to be $1,500 per year, while the variable costs are estimated at $30 per pair. The initial investment in the project will be $2,000 and it will be depreciated straight-line over 5 years. The required return is 10%.
(Important: Do not round intermediate calculations. It is important that you round your answer to the nearest whole number. For example, 705.38 should be input as 705. And 453.69 should be input as 454.)
Determine the financial break-even quantity.
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