20XX年某公司投资决策教材.ppt

Break-Even Analysis The project requires an investment of $1,600. In order to cover our cost of capital (break even) the project needs to throw off a cash flow of $504.75 each year for four years. This is the projects break-even operating cash flow, OCFBE 盈亏平衡销售额 Work backwards from OCFBE to Break-Even Revenue Revenue $5,358.72 Variable cost $3,000 Fixed cost $1,800 Depreciation $400 EBIT $158.72 Tax (34%) ? $53.97 Net Income ? $104.75 OCF = $104.75 + $400 $504.75 $104.75 0.66 +D +FC + VC * 盈亏平衡产量 销量的会计盈亏平衡点： 销量的财务盈亏平衡点： 盈亏平衡价格： PBE The original plan was to g