What is the economic or npv break-even number of books


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%?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: What is the economic or npv break-even number of books
Reference No:- TGS0730681

Expected delivery within 24 Hours