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An investment has an initial cash outflow of RM210,000 for fixed assets that will be depreciated straight-line to zero over 4 years, which is the

An investment has an initial cash outflow of RM210,000 for fixed assets that will be depreciated straight-line to zero over 4 years, which is the life of the project. The sales price is set at RM19.95 a unit, the annual fixed costs are RM237,000, and the variable cost per unit is RM8.87. The tax rate is 22 percent and the discount rate is 11 percent. Compute the sales quantity per year that the investment will break even on a financial basis

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