Question: Please show step by step process I. What is the cash break-even point? Price = $100 per unit; variable cost = $24 per unit, fixed
I. What is the cash break-even point? Price = $100 per unit; variable cost = $24 per unit, fixed cost $40,000 per year. Assume a discount rate of 10%, project initial outlay of $100,000, project life of 10 years, SL depreciation; and tax rate is 20%
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