Question
A project has the following estimated data: price = $51 per unit; variable costs = $21.42 per unit; fixed costs = $6,400; required return =
| A project has the following estimated data: price = $51 per unit; variable costs = $21.42 per unit; fixed costs = $6,400; required return = 11 percent; initial investment = $12,000; life = five years. Ignore the effect of taxes. |
| a. What is the accounting break-even quantity? |
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| b. What is the cash break-even quantity? |
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Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0078945801, 9780078945809
