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Please show work. Calculate the economic break-even level of sales for a project requiring an investment of $3,000,000 and cash flows =(.15) (sales)-$250,000 in years
Please show work.
Calculate the economic break-even level of sales for a project requiring an investment of $3,000,000 and cash flows =(.15) (sales)-$250,000 in years 1 and 2. Assume the discount rate is 10%. $3,254,890 $ 3,504,890 $ 4,921,549 $13,190,476Step by Step Solution
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