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A company will have a $35 gross revenue for every widget sold. Their annual fixed costs will be $3,000. There annual variable costs are $20
A company will have a $35 gross revenue for every widget sold. Their annual fixed costs will be $3,000. There annual variable costs are $20 per widget. The initial investment was $150,000; it has no salvage value and a 6 year useful life. What is the breakeven point of annual widget sales, assuming they are uniform year to year? MARR = 10%. (Select the closest value) a. 2500 b. 2300 c. 2100 d. 1100
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