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Widget Makers is a startup selling widgets. Each widget sells for $10 and costs $7 to...

  1. Widget Makers is a startup selling widgets. Each widget sells for $10 and costs $7 to make. The company’s annual overhead expenses (salaries, rent, insurance, and marketing) is $400,000. How many widgets per year does it have to sell to break even?

If Widget makers sold 40,000 widgets in the year that just ended and sales will grow at 30% per year, then how many months will it take to break even?

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