Question: Question 57 (0.5 points) Spartan Coffee has computed its fixed costs to be $0.34 for every cup of coffee it sells given annual sales of
Question 57 (0.5 points) Spartan Coffee has computed its fixed costs to be $0.34 for every cup of coffee it sells given annual sales of 212,000 cups. The sales price is $1.49 per cup while the variable cost per cup is $0.63. Depreciation is $56,920, and Operating Cash Flow where NPV equals zero is 94,244. The company's tax rate is 30%. How many cups of coffee must it sell to break-even on an accounting basis? 170000 150000 160000
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