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The Meldrum Co. expects to sell 3,210 units, 18 percent, of a new product....

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Finance

The Meldrum Co. expects to sell 3,210 units, 18 percent, of a new product. The variable cost per unit is $13, 7 percent, and the annual fixed costs are $13,700, 5 percent. The sale price is $15 a unit, 2 percent. The project requires $24,350 of fixed assets which will be depreciated straight-line to zero during the six-year project, and can't be salvaged at the project's conclusion. Also required is $7,900 of net working capital for

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