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Problem 11-25 Break-Even and Taxes [LO3] Wettway Sailboat Corporation is considering whether to launch its new Margo-class sailboat. The selling price will be $54,000 per

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Problem 11-25 Break-Even and Taxes [LO3] Wettway Sailboat Corporation is considering whether to launch its new Margo-class sailboat. The selling price will be $54,000 per boat. The variable costs will be about half that, or $33,000 per boat, and fixed costs will be $595,000 per year its Skipped The total investment needed to undertake the project is $4.400.000. This amount will be depreciated straight-line to zero over the 6-year life of the equipment. The salvage value is zero, and there are no working capital consequences. Wettway has a required return eBook of 15 percent on new projects. References Use the above expression to find the cash. accounting, and financial break-even points for Wettway Sailboat. Assume a tax rate of 24 percent. (Do not round intermediate calculetions and round your answers to 2 decimal places, e.g.. 32.16.) Cash break-even Accounting break-even Financial break-even Mc Next

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