Question
Consider a project as follows: initial investment-$100,000; Straight-line depreciation over the project life of 5 years; accounting breakeven quantity 17,000 units, fixed costs 130,000;
Consider a project as follows: initial investment-$100,000; Straight-line depreciation over the project life of 5 years; accounting breakeven quantity 17,000 units, fixed costs 130,000; variable costs $23 per unit; required returns16%. Ignoring the effect of taxes, find the cash breakeven quantity.
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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