Question
a firm can sell its gizmos for $40,000 each, it costs the firm $10,000 to produce each gizmo. Fixed costs are $3,000,000. Depreciation is $3,000,000.
a firm can sell its gizmos for $40,000 each, it costs the firm $10,000 to produce each gizmo. Fixed costs are $3,000,000. Depreciation is $3,000,000. What is the cash flow break even for the gizmo project? Please show your work.
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Principles Of Corporate Finance Law
Authors: Eilis Ferran, Look Chan Ho
2nd Edition
0199671354, 978-0199671359
