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Sol Chap 7
Sol Chap 7
49
7.5
7.7
7.9
7.10
Asset class of the furniture: 00.11,
So,
= 13,003.9
= 22,285.9
= 15,915.9
= 11,365.9
= 8126.3
= 8117.2
= 8126.3
= 4058.6
Thay cost basic = 100000
7.11
7.13
7.14
7.15
7.16
7.17
7.18
7.19
7.20
7.21
Assuming straght line depreciation, the machine is depreciated by $14000 per year for 6 years.
Each year The before tax cash flow is $18,000 and since the depreciation is $14,000, the taxable income
is $4000. Since the tax rate is 40%, the tax is $1600 per year. The after tax cash flow is $16400 (=$18,000
- $1600).
The present value of the after tax cash flow of $16400 per year for 6 years is:
Since the (net) present worth is in negative, this is not a sound investment.
Find from the compound interest table, the value of i for which the value of the uniform series present
worth factor (P/A, i%, 6) is 5.123. From the compound interest tables, we construct the following table:
The IRR is 4.717%. Another reason why the investment is not sound is that the IRR from the after tax
cash flows of the investment is less than the after tax MARR.
7.22
7.24
7.25
Làm tương tự đổi basic cost thành 18000, annual expense = 6500
7.26
7.27
7.28
425k x3 +25k x3 = 1350k
7.29
7.30
7.33
7.34
7.35
7.37
7.38
7.39
7.40
7.41
7.42
7.43
7.44
7.47
7.48, 7.49
7.50
7.51
7.52
7.54
7.55