A project has the following estimated data: price = $200 per unit; variable costs = $150 per unit; fixed costs = $400,000; required return = 9%; initial investment = $1,500,000; $200,000 salvage
Value; life = 15 years. What is the financial break-even quantity?
A) 9,586 units.
B) 10,086 units.
C) 10,586 units.
D) 11,086 units.
E) 11,586 units.
Correct Answer:
Verified
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