The accounting break-even level for the project is 1740484


You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: Sales price per abalone = $35.40 Variable costs per abalone = $6.50 Fixed costs per year = $379,000 Depreciation per year = $124,000 Tax rate = 40%. the discount rate for the company is 14%, the initial investment is equipment is $992,000, and the projects economic life is eight years. Assume the equipment is depreciated on a straight-line basis over the project's life. The accounting break-even level for the project is 17404.84. What is the financial break-even level for the project?

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Financial Management: The accounting break-even level for the project is 1740484
Reference No:- TGS02866108

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