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Uber is considering using some of the cash generated from share riding services to develop mobile apps for self-driving vehicles. The fixed investment in the
Uber is considering using some of the cash generated from share riding services to develop mobile apps for self-driving vehicles. The fixed investment in the app is expected to be $10 million. The investment can be depreciated over 7 years. Variable cost is estimated to be 50% of sales. If annual fixed costs other than depreciation total $1,000,000, what is the net income breakeven point in year 1?
If annual fixed costs other than depreciation total $1,000,000, what is the cash flow breakeven point in year 1?
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