Acme R&D, LLC is considering a new product line which will require an investment of $250,000 in the current year. Shown below is a worksheet that is to be used to evaluate the proposal where the interest rate used in proposals is 12%. Determine the Breakeven point for Cost of Good Sold that is calculated in the statement as 67% of Sales Revenue. This will require some changes in the following statement. Explain how you arrived at your answer and what it infers..,,Please see attached spreadsheet.
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