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Please solve this as soon as possible A projects initial investment = $250,000; variable cost = $120; fixed cost = $65,000; price = $150; life
Please solve this as soon as possible
A projects initial investment = $250,000; variable cost = $120; fixed cost = $65,000; price = $150; life = 6 years; required return = 10%; depreciation = $50,000; before-tax salvage value = $25,000. Tax rate = 21%. What is the financial break-even point?
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