A 4 year project is estimated to produce a product with the following information: selling price = $57 per unit; variable costs are $32 per unit; fixed costs are $9,000; required return is 12%; initial investment = $18,000. Calculate the financial break-even.
A) 597
B) 525
C) 490
D) 540
Answer: A) 597
Business
You might also like to view...
Which of the following statements is MOST accurate?
A. Information should be ordered in a logical progression. B. An overview is required in all technical documents. C. Questions should be avoided as headings. D. Topic statements are never longer than one line.
Business
Find the margin of error for a 95% confidence interval for the difference in the means of the two populations assuming that the population variances are equal
A) 4.002 B) 4.767 C) 5.365 D) 3.645
Business