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A Textile Company has compiled this information related to a new project: Initial investment: $498,000; Fixed...

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Finance

A Textile Company has compiled this information related to a newproject: Initial investment: $498,000; Fixed costs: $313,000;Variable costs: $12.45 per unit; Selling price: $37.60 per unit;Discount rate: 14 percent; Project life: 5 years; Tax rate: 25percent. Fixed assets are depreciated using straight-linedepreciation over the project's life. What is the financialbreak-even point?

A.18,713B.18,816C.18,675D.18,529E.18,437

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A Textile Company has compiled this information related to a newproject: Initial investment: $498,000; Fixed costs: $313,000;Variable costs: $12.45 per unit; Selling price: $37.60 per unit;Discount rate: 14 percent; Project life: 5 years; Tax rate: 25percent. Fixed assets are depreciated using straight-linedepreciation over the project's life. What is the financialbreak-even point?A.18,713B.18,816C.18,675D.18,529E.18,437

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