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aily Enterprises is purchasing a $12,000,000 machine. The machine will be depreciated using straight-line depreciation over its 8 year life and will have no salvage
aily Enterprises is purchasing a $12,000,000 machine. The machine will be depreciated using straight-line depreciation over its 8 year life and will have no salvage value. The machine will generate revenues of $7,000,000 per year along with fixed costs of $3,500,000 per year. Find the Net Present value Break-even level of revenues, assuming the costs are all fixed costs. Enter your answer rounded to the nearest whole number. (NPV of the project is 6132597.93 and annual cash flows are 2920000)
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