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Given the following information: Sales Price 210 VC 50 FC 500,000 Tax Rate 21% Rate 10% Machine Cost 2,000,000 Life 5 Depreciation Straight Line Answer
Given the following information:
Sales Price | 210 |
VC | 50 |
FC | 500,000 |
Tax Rate | 21% |
Rate | 10% |
Machine Cost | 2,000,000 |
Life | 5 |
Depreciation | Straight Line |
Answer the following questions related to this statement^^
Please use excel when answering and round to the correct decimal places, thank you so much!!
21. Calculate the equivalent annual cost of the machine. (Round to 2 decimals) ANSWER IS NOT 419999.61
22. Calculate the financial break-even number of units for the project. (Round to 2 decimals) ANSWER IS NOT 214285.71
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