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

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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!