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Chartreuse Co . has purchased a brand - new machine to produce its High Flight line of shoes. The machine has an economic life of
Chartreuse Co has purchased a brandnew machine to produce its High Flight line of shoes. The machine has an economic life of six years. The depreciation schedule for the machine is a straightline which no salvage value. The machine costs $ The sales price per pair of shoes is $ while the variable cost is $ Fixed costs of $ per year are attributed to the machine. The corporate tax rate is and the appropriate discount rate is What is the financial breakeven point?
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