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A private equity fund is considering investing in a company, which wants to produce a new product. The variable cost per unit is estimated at $9.51, the sales price would be set at $19.45, and fixed costs are estimated at $1202.28. The private equity fund will invest if the project is likely to have an operating income of $576.19 or more.What sales volume would be required in order to meet the minimum profit goal?

Financial Management, Finance

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