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A project has a contribution margin of $15,projected fixed costs of $120,000,variable costs per unit of $12,annual depreciation of $61,000,and a projected present value break-even point of 13,601.20 units.The tax rate is 21 percent,the discount rate is 12 percent,and the project life is 3 years.What is the equivalent annual cost?
Planning
The process of defining goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities.
Business Plan
A strategic blueprint that outlines a company's vision, goals, target market, financial projections, and operational plans.
Business Success
The achievement of desired financial and operational goals in a business, often marked by profits, growth, and market share.
Planning
The act of defining a strategy or direction and making decisions on allocating resources to pursue this strategy.
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