Question
Suppose that Samsung's line of LED Smart TVs is: P = 2,000 -0.005Q; the allocated TC = 80,000,000 + 500Q; the equity capital invested is
Suppose that Samsung's line of LED Smart TVs is: P = 2,000 -0.005Q; the allocated TC = 80,000,000 + 500Q; the equity capital invested is $100,000,000 and the corporate tax rate is 30%. The firm's break-even point is:
Question 5 options:
| 69,400 |
| 230,600 |
| 100,000 |
| 160,000 |
| 44,300 |
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
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