A Project Requires an Initial Fixed Asset Investment of $148,000,has

Multiple Choice

A project 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 present value break-even point in units per year?

A) 6,086
B) 7,613
C) 7,504
D) 7,438
E) 7,911