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Business, 06.11.2019 00:31 cmfield8810

Aproject requires an initial fixed asset investment of $148,000, has annual fixed costs of $39,800, a contribution margin of $14.62, a tax rate of 21 percent, a discount rate of 15 percent, and straight-line depreciation over the project's 3-year life. the assets will be worthless at the end of the project. what is the financial break-even point in units per year? (hint: first solve for eac and then use the formula)

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