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Company FIN3610-ETRA has a four-year project that requires an initial Investment of $28,000. Every year, the project will pay fixed costs of $15,000 to produce
Company FIN3610-ETRA has a four-year project that requires an initial Investment of $28,000. Every year, the project will pay fixed costs of $15,000 to produce the product. Also, we know that the variable costs per unit will be $42, and the price per unit will be $64. The required return is 15%. Please calculate the financial break-even quantity for this project. (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Financial break-even quantity
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