Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

A Dime a Dozen Diamonds makes synthetic diamond by treating carbon.

A Dime a Dozen Diamonds makes synthetic diamond by treating carbon.

Each diamond can be sold for $100. The materials cost for a standard diamond is $50. The fixed costs incurred each year for factory upkeep and administrative expenses are $205,000. The machinery costs $ 1.6 million and is depreciated straight-line over 10 years to salvage value of zero.

a. What is the accounting break- even level of sales in-terms of number of diamonds sold?

Break-even sales ? diamonds per year

b. What is the NPV break-even level of diamonds sold per year assuming a tax rate of 30%, a 10-year project life, and a discount rate of 10%? ROUND YOUR ANSWER TO THE NEAREST WHOLE NUMBER.

Break-even sales ? diamonds per year

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"