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e nmad zerinden nmi uyu e An investor is about to invest in an iron ore mine. He was told that he has to
e nmad zerinden nmi uyu e An investor is about to invest in an iron ore mine. He was told that he has to spend 5.000.000 TL on equipment. The overhead cost of the operation will be 450.000 TL/year, operating cost will be 15 TL/ton. The price of the ore sold will be 85 TL/ton, the investment life is 10 years and MARR is 15%. How much ore must be sold to reach break-even point? Oa. 10662tons O b. 20661tons Oc. 2066100tons d. 206610tons e. 662tons B
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