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ignore salvage when calculating depreciation 2. A project's initial investment = $220,000; variable cost = $110: fixed cost = $58,000, price = $140; life =
ignore salvage when calculating depreciation
2. A project's initial investment = $220,000; variable cost = $110: fixed cost = $58,000, price = $140; life = 5 years, required return=9%; straight-line depreciation before-tax salvage value of assets = $30,000; initial net working capital investment = $15,000. Tax rate=21%. What is the financial break-even point Step by Step Solution
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