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What is the financial break-even point

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Question 1: A project's initial investment is $220,000; variable cost per unit is $75; annual fixed cost is $32,000; price per unit is $95; 5 years of economic life; required return is 10%; straight line depreciation; before-tax salvage value in terminal year is $25,000; initial net working capital investment is $20,000, and tax rate is 21%. What is the financial break-even point?

Reference no: EM132878676

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