7. Cici Pizza is considering a project that has the following cash flow where is cost of capital is 10%, modified internal rate of return is 13%. What is the cash outflow in Year 2? r = 10.00% Year 0 1 2 3 Cash flows -$1,000 $1,500 -$X $1,800 a. -$2,615.00 b. -$1,067.61 c. -$1,505.38 d. -$1,821.51 e. None of the above

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?