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What is the break-even (NPV=0) annual incremental sales for the following investment? Initial investment at time t=0 is $1,600,000 Life of project is 8 years

What is the break-even (NPV=0) annual incremental sales for the following investment? Initial investment at time t=0 is $1,600,000 Life of project is 8 years Initial investment depreciated to $0 via straight-line over entire life NWC investment required = $0.00 Expected market salvage value of investment assets = $0.00 Starting 1-year from today, and remaining constant over project life: Incremental expenses as a result of investment = $1,000,000 / year firm' tax rate = 32% required return on investment = 12%

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