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Suppose a company has an investment that costs $3,500 and requires a 20 percent return. The project has a 5 year life. Selling price is
Suppose a company has an investment that costs $3,500 and requires a 20 percent return. The project has a 5 year life. Selling price is $40, variable cost is $20, and FC is $500. How many of their products do they need to sell to break even financially?
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