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Given the following information, what is the financial break-even point? Initial investment = $300,000; variable cost = $120; fixed cost = $65,000; price = $200;
Given the following information, what is the financial break-even point? Initial investment = $300,000; variable cost = $120; fixed cost = $65,000; price = $200; life = six years; required return = 12.5%; depreciation = $50,000.Ignore taxes.
A)1,392 units
B)1,738 units
C)2,600 units
D)4,463 units
E)5,561 units
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