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Mosler Company is considering a project requiring an initial investment of $229,700,fixed costs of $71,900,variable costs of $5.07 per unit,a selling price of $13.07 per unit,and a life of 4 years.The discount rate is 14 percent,and the tax rate is 30 percent.Depreciation is straight-line to zero over the project's life.What is the accounting breakeven point?
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Darity And Myers
Refers to William Darity Jr. and Samuel L. Myers, Jr., economists known for their work on racial disparities in economic outcomes.
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