Question: with explanation please Daniel Jackson is a young entrepreneur preparing to start a company that will sell floating lounge chairs for use in private pool.

with explanation please

a company that will sell floating lounge chairs for use in private

pool. As part of a loan package, the bank has asked him

to prepare a business plan that includes a breakevennalysis. The lounge chairs

Daniel Jackson is a young entrepreneur preparing to start a company that will sell floating lounge chairs for use in private pool. As part of a loan package, the bank has asked him to prepare a business plan that includes a breakevennalysis. The lounge chairs will sell for $60 each and variable costs per unit are expected to be $35. Daniel anticipates incurring 5596,000 in fund costs per year. Based on his projections, how many lounge chairs must Daniel sell to break even? 23640 chairs if Daniel wants to generate annual operating income of $55.500, how many lounge chairs must he sell? 26060 chairs Assuming the company's tax rate is 20% how many lounge chairs must the company sell to generate annual net income of $62.600? (Round answer to decimal places.es 5,275. Use contribution mori per unit to calculate the answert) chairs

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