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Do not use excel and show your work Solve the following 6a) Apple is considering the investment in a new innovation, that will produce a

Do not use excel and show your work
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Solve the following 6a) Apple is considering the investment in a new innovation, that will produce a new digital camera for smart phones. The variable cost per unit is estimated at $350, the sales price would be set at twice the VC/unit, fixed costs are estimated at $950,000, and the investors will put up the funds. What sales volume would be required to break-even? 6b) Maxim is considering starting a new company to produce microchips. The sales price would be set at 1.5 times the variable cost per unit; the VC/unit is estimated to be $3.50; and fixed costs are estimated at $90,000. Depreciation is $15,000. What sales volume would be required in order to break even on an accounting basis, i.e., to have an EBIT of zero for the business? 6c) Real Corp. has a capital budget of $725,000, and it wants to maintain a target capital structure of 40% debt and 60% equity. The company forecasts a net income of $525,000. If it follows the residual dividend policy, what is its forecasted dividend payout ratio

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