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Intro Consider a project with a 6-year life. The initial cost to set up the project is $450,000. This amount is to be linearly depreciated
Intro Consider a project with a 6-year life. The initial cost to set up the project is $450,000. This amount is to be linearly depreciated to zero over the life of the project. The firm expects to be able to sell the equipment for $90,000 after 6 years. The price per unit is $410, variable costs are $328 per unit and fixed costs are $45,000 per year. The project has a required return of 14% and a tax rate of 28%. Part 1 Attempt 1/3 for 1 pts. How many units must be sold per year for the project to achieve financial break- even? 0+ decimals Submit
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