The congress company produces playing cards variable costs


The congress company produces playing cards. Variable costs are 80% of sales. Fixed Costs other than depreciations are $150,000. Machinery cost $2million and is depreciated straight line over 10 years to a zero salvage value. If the company has a 40% tax rate and a discount rate of 12%, Calculate the NPV break-even level of sales. Use a 10 Year Annuity Factor of 5.650223.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The congress company produces playing cards variable costs
Reference No:- TGS01463647

Expected delivery within 24 Hours