A Textile Company has compiled this information related to a new project: Initial investment: $498,000; Fixed...

A Textile Company has compiled this information related to a new project: Initial investment: $498,000; Fixed costs: $313,000; Variable costs: $12.45 per unit; Selling price: $37.60 per unit; Discount rate: 14 percent; Project life: 5 years; Tax rate: 25 percent. Fixed assets are depreciated using straight-line depreciation over the project's life. What is the financial break-even point?

18,713

18,816

18,675

18,529

18,437

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jeff jeffy answered 1 year ago

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