Lenny's Pizzeria sells pizzas for a price of $8 per pie and at a cost of $2
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Lenny's Pizzeria sells pizzas for a price of $8 per pie and at a cost of $2 per pie. It also has $200,000 in annual fixed operating costs and $100,000 in annual depreciation expenses. Under a 21% corporate tax rate and 10% discount rate, what is the cash break-even quantity of pizzas (rounded to the nearest integer)?
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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