Question
The Mini-Max Company has the following cost information on their new prospective project. Initial investment: ? Fixed costs: $300 per year Variable costs: $3 per
The Mini-Max Company has the following cost information on their new prospective project.
Initial investment: ?
Fixed costs: $300 per year
Variable costs: $3 per unit
Depreciation: ?
Price: $8 per unit
Discount rate: 12%
Project life: 6 years
Tax rate: 35%
Calculate initial investment and depreciation if the present value break-even level of sales is 540 units.
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Message Brand And Dollars Auditing Marketing Operations
Authors: J. Mike Jacka, Peter R. Scott
1st Edition
163454000X, 9781634540001
