soal 1

investasi = 5M Nilai residu = 1M

R = 10%
laba bersih
tahun 1 Rp 950,000,000
2 Rp 1,100,000,000
3 Rp 1,250,000,000 PENYUSUTAN=
4 Rp 1,400,000,000
5 Rp 1,650,000,000

A. CASH FLOW

RUMUS= LABA BERSIH + PENYUSUTAN

TAHUN EAT (LABA BERSIH) DEP NCF

1 Rp 950,000,000 Rp 800,000,000 Rp 1,750,000,000
2 Rp 1,100,000,000 Rp 800,000,000 Rp 1,900,000,000
3 Rp 1,250,000,000 Rp 800,000,000 Rp 2,050,000,000
4 Rp 1,400,000,000 Rp 800,000,000 Rp 2,200,000,000
5 Rp 1,650,000,000 Rp 800,000,000 Rp 2,450,000,000

C. NET PRESENT VALUE

(1+R)'n
TAHUN NCF R = 10% PV
1 Rp 950,000,000 1.1 Rp 863,636,364
2 Rp 1,100,000,000 1.21 Rp 909,090,909
3 Rp 1,250,000,000 1.331 Rp 939,143,501
4 Rp 1,400,000,000 1.4641 Rp 956,218,838
5 Rp 1,650,000,000 1.61051 Rp 1,024,520,183
Rp 6,350,000,000 total Rp 4,692,609,794
io Rp 5,000,000,000 io Rp 5,000,000,000
Rp 1,350,000,000 npv Rp 307,390,206

D. IRR (Internal Rate Return)

Tahun NCF R =10% PV

1 Rp 950,000,000 1.1 Rp 863,636,364
 2 Rp 1,100,000,000 1.21 Rp 909,090,909
3 Rp 1,250,000,000 1.331 Rp 939,143,501
4 Rp 1,400,000,000 1.4641 Rp 956,218,838
5 Rp 1,650,000,000 1.61051 Rp 1,024,520,183

IRR

𝟑𝟎𝟕.𝟑𝟗𝟎.𝟐𝟎𝟔
IRR = 10% + x (20%-10%)
𝟏.𝟎𝟐𝟒.𝟓𝟐𝟎.𝟏𝟖𝟑−𝟔𝟔𝟑.𝟎𝟗𝟕.𝟗𝟗𝟒

= 10% + (0,85 X 10%) = 10% + 8,5% = 18,5%

Rp 4,000,000,000 5 TH
Rp 800,000,000

B. PAYBACK PERIODE

CI
TAHUN CO EAT
0 Rp 5,000,000,000
1 Rp 950,000,000
2 Rp 1,100,000,000
3 Rp 1,250,000,000
4 Rp 1,400,000,000
5 Rp 1,650,000,000

pp = 2 + ((5000-(1350)/ 700-(1350))
2 + (6350/2050)
2,3 Tahun

E. PROTABILITY INDEX

NPV PI = SIGMA PV/IO

Rp 4,136,363,636 0.93852195888259
Rp 3,227,272,727
Rp 2,288,129,226 KETERANGAN
Rp 1,331,910,389
Rp 307,390,206

NPV R= 20% PV NPV

Rp 4,136,363,636 1.2 Rp 791,666,667 Rp 4,208,333,333
Rp 3,227,272,727 1.44 Rp 763,888,889 Rp 3,444,444,444
Rp 2,288,129,226 1.728 Rp 723,379,630 Rp 2,721,064,815
Rp 1,331,910,389 2.074 Rp 675,154,321 Rp 2,045,910,494
Rp 307,390,206 2.488 Rp 663,097,994 Rp 1,382,812,500
TOTAL Rp 3,617,187,500
IO Rp 5,000,000,000
NPV Rp 1,382,812,500
CI
DEP NCF AKUMULASI NCF
-Rp 5,000,000,000
Rp 800,000,000 Rp 1,750,000,000 -Rp 3,250,000,000
Rp 800,000,000 Rp 1,900,000,000 -Rp 1,350,000,000
Rp 800,000,000 Rp 2,050,000,000 Rp 700,000,000
Rp 800,000,000 Rp 2,200,000,000 Rp 2,900,000,000
Rp 800,000,000 Rp 2,450,000,000 Rp 5,350,000,000

pp = investasi awal/ cf
2.5

PI > 1, LAYAK INVESTASI

PI < 1, TIDAK LAYAK INVESTASI