Question: Question 18 3 pts We are evaluating a project that costs $986,000, has a 9-year life, and has na salvage value. Assume that depreciation is
Question 18 3 pts We are evaluating a project that costs $986,000, has a 9-year life, and has na salvage value. Assume that depreciation is straight-line to zero over the life of the project Sales are projected at 118.220 units per year Price per unit is $52, variable cost per unit is $27. and fixed costs are $925,000 per year. The tax rate is 37%, and we require a 12 % return on this project. Suppose the projections given for orke, quantity, variable costs and fixed costs are all accurate to within +/-14 percent. What is the financial break-even quantity? (Round answer to the nearest whole number)
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