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Break-even point) You are a hard-working analyst in the office of financial operations for a manufacturing firm that produces a single product.
Break-even point) You are a hard-working analyst in the office of financial operations for a manufacturing firm that produces a single product. You have developed the following cost structure information for this company. All of it pertains to an output level of 10 million units.Using this information, find the break-even point in units of output for the firm.Return on operating assets = 25%Operating asset turnover = 5 timesOperating assets = $20 millionDegree of operating leverage = 4 times