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Question 21 O pts Project X requires an investment of $400,000 and will be depreciated on a straight-line basis to an expected salvage of zero
Question 21 O pts Project X requires an investment of $400,000 and will be depreciated on a straight-line basis to an expected salvage of zero over 4 years. The price per unit is estimated at $10, and the variable cost per unit is $5. The fixed cost is $50,000. Required return is 10%. We ignore taxes in this problem. What is the Financial break-even point? Show your work here. You will not receive credit without showing your work. Round to two decimal places. Highlight your answers. HTML Editor BIU A Y TE Ex? X, TT 12pt Paragraph
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