Beruflich Dokumente
Kultur Dokumente
Reg# MM121037
Capital CFs
Video Equipment
Working Capital
Residual value net of tax
Net Cash Flows
PV Factor @ 10%
PV of CFs
-235000
1
-235000
NPV
-73436
50000
-31000
-45000
-26000
9100
-16900
45000
28100
52500
-32550
-72000
-52050
18218
-33832
72000
38168
55125
-34178
-42750
-21803
7631
-14172
42750
28578
57881
-35886
-27000
-5005
1752
-3253
27000
23747
60775
-37681
-24750
-1656
580
-1076
24750
23674
28100
0.909
25543
38168
0.826
31527
28578
0.751
21462
23747
0.683
16219
23674
0.621
14702
35000
-18550
-45000
-28550
9993
-18557
45000
26443
37450
-19849
-72000
-54399
19040
-35359
72000
36641
40072
-21238
-42750
-23916
8371
-15545
42750
27205
42877
-22725
-27000
-6848
2397
-4451
27000
22549
45878
-24315
-24750
-3187
1115
-2072
24750
22678
26443
36641
27205
22549
22678
-225000
-10000
-225000
-5000
-230000
PV Factor @ 10%
PV of Cash Flows
1
-230000
NPV
-76139
0.909
24037
0.826
30265
0.751
20431
0.683
15401
0.621
14083
85000
-49950
-45000
-9550
3343
-6207
45000
38793
89950
-52399
-72000
-34449
12057
-22392
72000
49608
95197
-55416
-42750
-2969
1039
-1930
42750
40820
100758
-58611
-27000
15147
-5301
9846
27000
36846
106653
-61996
-24750
19907
-6967
12940
24750
37690
38793
0.909
35263
49608
0.826
40976
40820
0.751
30656
36846
0.683
25166
37690
0.621
23405
-225000
-15000
-240000
1
-240000
9563
2. No Project is acceptable according to discounted pay back period because all projects have more than fou
10
63814
-395645
-13500
10749
-3762
6987
13500
20487
67005
-41543
70355
-43620
73873
-45801
77566
-48091
25462
-8912
16550
26735
-9357
17378
28072
-9825
18247
29475
-10316
19159
16550
17378
18247
19159
20487
0.564
11555
16550
0.513
8490
17378
0.466
8098
18247
0.424
7737
10000
13000
42159
0.385
16231
10
49089
-26017
-13500
9572
-3350
6222
13500
19722
52526
-27839
56202
-29787
60137
-31872
64346
-34103
24687
-8640
16047
26415
-9245
17170
28265
-9893
18372
30243
-10585
19658
16047
17170
18372
19658
18372
5000
13000
37658
19722
16047
17170
0.564
11123
0.513
8232
0.466
8001
0.424
7790
0.385
14498
10
112903
-65582
-13500
33821
-11837
21984
13500
35484
119531
-69382
126557
-73407
134010
-77673
141912
-82194
50149
-17552
32597
53150
-18603
34547
56337
-19718
36619
59718
-20901
38817
32597
34547
36619
38817
36619
0.424
15526
15000
13000
66817
0.385
25725
35484
0.564
20013
32597
0.513
16722
34547
0.466
16111
be dangerous for company in meeting its financial requirements because Cash flows receipts and payments are not a continuous
and (b) are accepted then company will suffer and loss and management objective to maximize the wealth of owners can not be
R more than WACC. So IRR also suggest that only project (c) should be accepted.
e in 7 point. So we should considered NPV when making decision about the investment in any project.
cts which give positive NPV at risk adjusted discount rate and have higher IRR.
sitive NPV or higher IRR than risk adjusted discount rate.