Question
A product line has the following estimated data: selling price = $53 per unit; variable costs = $42 per unit; fixed costs = $15K; required
A product line has the following estimated data: selling price = $53 per unit; variable costs = $42 per unit; fixed costs = $15K; required return = 15%; initial investment = $28K; life = 4 years. Ignoring tax effects, what is the accounting break-even quantity (rounded to the nearest unit)?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
