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Mod Inc. sells parts for $150 each. Fixed costs are $2,500 per year and variable costs are $100 per unit. If the initial investment is
Mod Inc. sells parts for $150 each. Fixed costs are $2,500 per year and variable costs are $100 per unit. If the initial investment is $15,000 and is expected to last for 10 years and the firm pays 30% taxes, what is the accounting and economic break-even level of sales respectively? The initial investment will be depreciated straight-line over 10 years to a final value of zero, and the discount rate is 10%. PLEASE USE EXCEL -SHOW FORMULAS & WORK. THANK YOU! Please write the whole answer not partial.
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