's toys Inc. just purchased a $250,000 machine to produce toy cars. The machine will be fully depreciated by the straight line method over its...

L.J.’s toys Inc. just purchased a $250,000 machine to produce toy cars. The machine will be fully depreciated by the straight line method over its five-year economic life. Each toy sells for $25. The variable cost per toy is $6, and the firm incurs fixed costs of $360,000 each year. The corporate tax rate for the company is 34 percent. The appropriate discount rate is 12 percent. What is the financial break-even point for the project?

Question:L.J.’s toys Inc. just purchased a $250,000 machine to produce toy cars. The machine will befully depreciated by the straight line method over its five-year economic life. Each toy...