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KMW Incorporated sells finance textbooks for $180 each. The variable cost per book is $60 and the fixed cost per year is $33,000. The process
KMW Incorporated sells finance textbooks for $180 each. The variable cost per book is $60 and the fixed cost per year is $33,000. The process of creating a textbook costs $180,000 and the average book has a life span of three years. What is the economic or NPV break-even number of books that must be sold each year given a discount rate of 12 percent
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