Question
Calculate the economic break-even level of sales for a project requiring an investment of $2,000,000 and cash flows =(.25)(sales)-$150,000 in years 1 and 2. Assume
Calculate the economic break-even level of sales for a project requiring an investment of $2,000,000 and cash flows =(.25)(sales)-$150,000 in years 1 and 2. Assume the discount rate is 12%. Choose the closest answer.
| $ 3,254,890 | ||
| $ 3,504,890 | ||
| $ 5,333,585 | ||
| $6,190,476 |
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
