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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 = $150;
Given the following information, what is the financial break-even point? Initial investment = $300,000; variable cost = $120; fixed cost = $65,000; price = $150; life = 6 years; required return = 10%; depreciation = $50,000. Ignore taxes. A) 1,392 units B) 2,600 units C) 4,167 units D) 4,463 units E) 5,561 units
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