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Use the following information to calculate the financial break-even point.

Price = $100 per unit

Variable Cost = $24 per unit

Fixed Cost = $40,000 per year

Assume a discount rate of 10%, an initial project outlay of $100,000, depreciated straight line over the 10-year project life. (Ignore taxes)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91791930

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