A project has the following estimated data: price = $80 per unit; variable costs = $55 per unit; fixed costs = $25,000; required return = 15%; initial investment = $44,000; life = five years. What is the cash break-even quantity?
A) 1,000 units
B) 1,352 units
C) 1,525 units
D) 1,775 units
E) 1,950 units
Correct Answer:
Verified
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