Abc determines its break-even strictly on the basis of cash, Ask an Expert

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ABC determines its break-even strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $800,000, but 30 percent of this value is represented by depreciation. Its contribution margin (price minus variable cost) for each unit is $3.00. How many units does the firm need to sell to reach the cash break-even point?

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Financial Management, Finance

Category:- Financial Management
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