Given the following information, what is the financial break-even point? Initial investment = $300,000; variable cost = $120; fixed cost = $65,000; price = $150; life = six years; required return =
10%; depreciation = $50,000. Ignore taxes.
A) 1,392 units
B) 2,600 units
C) 4,167 units
D) 4,463 units
E) 5,561 units
Correct Answer:
Verified
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