CHE 481 Fall 2020 Blank Spreadsheet for Chapter 10 to be used in Lecture #16 DCFROR Problem

by John W Van Zee

Given:
FCI_L= 70
Work Cap= 25
Discount Factor P/F,i,n = 1/(1+i)^n n=9

Before tax Profit, After tax Profit,

(R-COMd -
End of Year Invest Depr FCIL -∑dk R COMd (R-COMd - dk) Income tax
dk)*(1-t)
0 0 60000000 0.00 0.21 0
1 0 60000000 0.00 0.21 0
2 30000000 60000000 0.00 0.21 0
3 19800000 60000000 0.00 0.21 0
4 10200000 60000000 0.00 0.21 0
5 20000000 60000000 0.00 0.21 0
6 12000000 48000000 70000000 25000000 33000000.00 0.21 26070000
7 19200000 28800000 70000000 25000000 25800000.00 0.21 20382000
8 11520000 17280000 70000000 25000000 33480000.00 0.21 26449200
9 6912000 10368000 70000000 25000000 38088000.00 0.21 30089520
10 6912000 3456000 70000000 25000000 38088000.00 0.21 30089520
11 6912000 -3456000 70000000 25000000 38088000.00 0.21 30089520
12
13
14
15
 DCFROR
guess i= 0.13487923

Cumulative
Non-Discounted Discounted Cash Discounted Cash
Cash Flow Flow Flow
(profit + dk)
profit + dk ∑ Disc CF
/(1+i)^n

0.000 0.00
0.000 0.00
0.000 0.00
0.000 0.00
0.000 0.00
12202340.627 12202340.63
8406191.171 20608531.80
9612035.318 30220567.12
9635370.730 39855937.85
8490216.822 48346154.67
7481163.279 55827317.95
0.000 55827317.95
0.000 55827317.95
 Your Name:_____

Table 2A to be completed for Exam #2 if calcualtions are done by hand.

Non- Cumulative
Discount factor = Before tax Discounted Discounted Cash Discounted
Profit, After tax Profit, Cash Flow Flow Cash Flow
(R-COMd - (profit + dk)
End of Year Invest Depr FCIL -∑dk R COMd (R-COMd - dk) Income tax profit + dk ∑ Disc CF
dk)*(1-t) /(1+i)^n
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15