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What is the economic break-even level of sales for a project costing $4,000,000 and generating...

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Accounting

What is the economic break-even level of sales for a project costing $4,000,000 and generating annual cash flows equal to 0.30 sales - $450,000?

Assume the project will last 10 years and require a discount rate of 12%.

$2,093,654

$2,359,047

$3,859,789

$13,783,333

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