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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 6 years
chartreuse co has purchased a brand new machine to produce its high flight line of shoes. the machine has an economic life of 6 years . the depreciation schedule for the machine is straight-line with no salvage value. the machine cost $750,000. the sales price per pair shoes is $61, while the variable cost is $15. fixed costs of $175,000 per year are attributed to the machine. the corporate tax rate is 25 percent and the appropriate discount rate is 9 percent. what is the financial break-even even point?
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