Consider a project with the following data Price R67 Initial Investment R12 000 Useful life 3 yrs Fixed costs R6 000 Variable costs per unit R37 unit Required return 15 PVIFA (15 , 3yrs) 2 8550 Ignore the effect of taxes REQUIRED What is the financial breakeven quantity

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Consider a project with the following data: Price R67 Initial Investment R12 000 Useful life 3 yrs Fixed costs R6 000 Variable costs per unit

Consider a project with the following data:


Price	R67
Initial Investment	R12 000
Useful life	3 yrs
Fixed costs	R6 000
Variable costs per unit	R37/unit
Required return	15%
PVIFA (15%, 3yrs)	2.8550

Ignore the effect of taxes.

REQUIRED:
What is the financial breakeven quantity?

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