《管理者会计课程2》.docVIP

一、Required:A cash flow statement From the following information supplied by Shark Ltd you are required to complete a cash flow statement for the year ended 30 June: $ Wages paid 60,000 Receipts from accounts receivable 70,000 Cash sales 120,000 Payments to accounts payable 50,000 Cash purchases 40,000 Interest received 10,000 Dividends paid 40,000 Share issue 120,000 Tax paid 10,000 Cash paid general expenses 15,000 Repayment mortgage 29,000 Purchase of Building 120,000 Proceeds sale building 80,000 Repayment of borrowings 50,000 Payment for new plant 120,000 Cash at bank 1 July 10,000 Cash on hand 1 July 2,000 Bank overdraft 30 June (5,000) Cash on hand 30 June 2,000 二、Calculate The following annual data relates to Qi Ltd . Unit selling price $60 Variable cost per unit $40 Annual fixed costs $480,000 Plant capacity 35,000 units Current production 34,000 units Required: Calculate (showing all workings) a) Break-even point in units b) Break-even point in $ c) Break even point in units if selling price increases to $75 per unit d) Profit at sales of 30,000 units per year 三、Calculate the Net Present Value of the equipment Gao Ltd is considering the purchase of large machinery worth $350,000. The machinery would have a 5 year life and a resale value of $150,000. The new project would produce a net increase in cash inflows of $75,000 each year. The company has a cost of capital of 12%. Required: Calculate the Net Present Value of the equipment. (Use the present value tables attached) Year Initial cash investment Net cash inflow Discount factor Present value 0 1 2 3 4 5 Should the firm purchase the equipment? Why or Why not? FACTORS FOR CALCULATING THE PRESENT VALUE OF $1 No. of periods 4% 6% 8% 10% 12% 14% 16% 18% 20% 1 .9615 .9434 .9259 .9091 .8929 .8772 .8621 .8475 .8333 2 .9246 .8900 .8573 .8264 .7972 .7695 .7432 .7182 .6944 3 .8890 .8396 .7938 .7513 .7118 .67