A Project Has the Following Estimated Data: Price = $80

question 65

Multiple Choice

A project has the following estimated data: price = $80 per unit; variable costs = $55 per unit; fixed costs = $25,000; required return = 15%; initial investment = $44,000; life = five years. What is the financial break-even quantity?

• A) 1,000 units.
• B) 1,352 units.
• C) 1,525 units
• D) 1,775 units
• E) 1,950 units

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Definitions:

Sensory Memory

The briefest segment of memory that enables people to preserve sensory impressions once the initial stimuli are no longer present.

Short-term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.

Consolidated Memory

A process by which short-term memories are transformed into long-term memories, making them stable and less susceptible to disruption.

Episodic Memory

The type of declarative memory that records events as they have been subjectively experienced.