Question: As a manager, you are considering whether to purchase a new diagnostic device. The price of the device is $ 2 0 , 0 0

As a manager, you are considering whether to purchase a new diagnostic device. The price of the device is $20,000 which will be paid in equal payments over 4 years. The average revenue you can expect per test is $40. The cost of supplies for each test is $5. Not accounting for staff costs, how many tests would need to be performed each year to break even?

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