For the end of this year, yearly labor cost of a company is estimated as $35000 and it will increase $4500 per year afterward. To afford labor cost for the
For the end of this year, yearly labor cost of a company is estimated as $35000 and it will increase $4500 per year afterward. To afford labor cost for the
Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs
Section: Chapter Questions
Problem 1EP
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For the end of this year, yearly labor cost of a company is estimated as $35000 and it will increase $4500 per year afterward. To afford labor cost for the next 9 years, how much should the company approximately invest in a bank now when i=20% per year?
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