Question
approximately how much was paid to invest in a project that has an NPV accounting break-even level of sales of $5 million, cash flows determined
approximately how much was paid to invest in a project that has an NPV accounting break-even level of sales of $5 million, cash flows determined by 0.12*Sales-375000, an 8-year life and a 10% discount rate. please show all the detail of your work. thank you
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
