Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

find the account break even point for perfect strangers project for the followin gvariables COGS% fixed costs sales Expert Q&A Done a new machine will

find the account break even point for perfect strangers project for the followin gvariables
COGS%
fixed costs
sales
image text in transcribed
Expert Q&A Done a new machine will cost $2m and will last for 4 years. at the end of 4 years the machine can be sold for 400k. executivrs believe sales will be $1.8m each year for the next 4 years(no growth), with cost of goods sold 0.6M(33.333% of sales). fixed costs for production are 300k/yr.net working capital required for each line are $100k 120k 150k and 90k respectively. prefect strangers inc uses straight line depreciation and has a tax rate of 40%.complete capital budget for this project Expert Q&A Done a new machine will cost $2m and will last for 4 years. at the end of 4 years the machine can be sold for 400k. executivrs believe sales will be $1.8m each year for the next 4 years(no growth), with cost of goods sold 0.6M(33.333% of sales). fixed costs for production are 300k/yr.net working capital required for each line are $100k 120k 150k and 90k respectively. prefect strangers inc uses straight line depreciation and has a tax rate of 40%.complete capital budget for this project

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Social Work Policy Practice Changing Our Community Nation And The World

Authors: Jessica A Ritter

3rd Edition

179354087X, 9781793540874

More Books

Students also viewed these Accounting questions

Question

Draw the polypeptide GlyAlaSer.

Answered: 1 week ago