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You can define the cash - flow break - even point as the sales volume ( in dollars ) at which cash flow equals zero.

You can define the cash-flow break-even point as the sales volume (in dollars) at which cash flow equals zero. Assume a project has an initial cost and a 5-year life.
a. Is the cash-flow break-even level of sales higher or lower than the zero-profit (accounting) break-even point?
b. If a project operates at its cash-flow break-even point for its entire life, is its NPV positive or negative?
a. Is the cash-flow break-even level of sales higher or lower than the zero-profit (accounting) break-even point?
b. If a project operates at its cash-flow break-even point for its entire life, is its NPV positive or negative?
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