Question: Change your inputs to the following (unchanged from previous question): Plant Cost $3,000,000 year 0 Sales (units) 75,000 year 1 Selling Price $30 each Sales
Change your inputs to the following (unchanged from previous question): Plant Cost $3,000,000 year 0 Sales (units) 75,000 year 1 Selling Price $30 each Sales Growth 30.0% per year Variable Costs SG&A SG&A Declines Depreciation Tax Rate 38% What is the SG&A percentage in Year 5? Select one: a. 45% of revenue 50% of revenue 4% per year 5 years, straight-line 32% b. 34% c. None of the other answers are correct. d. 30% e. 40%
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