Multiple Choice
What is the economic break-even level of sales for a project costing $4,000,000 and generating annual cash flows equal to 0.30 × sales − $450,000? Assume the project will last 10 years and require a discount rate of 12%.
A) $2,093,654
B) $2,359,047
C) $3,859,789
D) $13,783,333
Correct Answer:

Verified
Correct Answer:
Verified
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