Question: FIRST ONE IS WRONG, PLEASE ADVISE. THANK YOU! Return to 15 10 points Consider a project to supply Detroit with 23,000 tons of machine screws

FIRST ONE IS WRONG, PLEASE ADVISE. THANK YOU!

FIRST ONE IS WRONG, PLEASE ADVISE. THANK YOU! Return to 15 10

Return to 15 10 points Consider a project to supply Detroit with 23,000 tons of machine screws annually for automobile production. You will need an initial $4,400,000 investment in threading equipment to get the project started; the project will last for 5 years. The accounting department estimates that annual fixed costs will be $1,050,000 and that variable costs should be $195 per ton; accounting will depreciate the initial fixed asset investment straight-line to zero over the 5-year project life. It also estimates a salvage value of $425,000 after dismantling costs. The marketing department estimates that the automakers will let the contract at a selling price of $296 per ton. The engineering department estimates you will need an initial networking capital investment of $420,000. You require a return of 9 percent and face a tax rate of 21 percent on this project Calculate the accounting, cash, and financial break-even quantities. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Answer is complete but not entirely correct. Cash break-even Accounting break-even Financial break-even 10,396 X 19,109 22,028

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