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Ayden s Toys, Incorporated, just purchased a $ 4 5 5 , 0 0 0 machine to produce toy cars. The machine will be fully
Aydens Toys, Incorporated, just purchased a $ machine to produce toy cars. The machine will be fully depreciated by the straightline method over its year economic life. Each toy sells for $ The variable cost per toy is $ and the firm incurs fixed costs of $ per year. The corporate tax rate for the company is percent. The appropriate discount rate is percent. What is the financial breakeven point for the project?
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