ayden’s toys, inc., just purchased a $455,000 machine to produce toy cars. the machine will be fully depreciated by the straight-line method over its 5-year economic life. each toy sells for $15. the variable cost per toy is $5 and the firm incurs fixed costs of $315,000 per year. the corporate tax rate for the company is 24 percent. the appropriate discount rate is 12 percent. what is the financial break-even point for the project?
