Multiple Choice
KMW Inc.sells finance textbooks for $150 each.The variable cost per book is $30 and the fixed cost per year is $30,000.The process of creating a textbook costs $150,000 and the average book has a life span of three years.What is the economic or NPV break-even number of books that must be sold each year given a discount rate of 12%?
A) 156
B) 191
C) 235
D) 771
Correct Answer:
Verified
Correct Answer:
Verified
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