Multiple Choice
Calculate the economic break-even level of sales for a project requiring an investment of $3,000,000 and providing as cash flows .15 * sales less $250,000.Assume the project will generate these cash flows for 10 years and that the discount rate is 10%.
A) $3,254,890
B) $3,504,890
C) $4,921,549
D) $19,686,667
Correct Answer:

Verified
Correct Answer:
Verified
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