管理会计 课件 资本预算 Capital Budget.pdfVIP

Capital Budget    Problem 1  Problem 2  Problem 3  Problem 4  Problem 5  Problem 6 Problem 7 Campus Print Shop is thinking of purchasing a new, modern copier that automatically collates pages. The machine would cost $22,000 cash. A service contract on the machine, considered a must because of its complexity, would be an additional $200 per month. The machine is expected to last eight years and have a resale value of $4,000. By purchasing the new machine, Campus would save $450 per month in labor costs and $100 per month in materials costs due to increased efficiency. Other operating costs are expected to remain the same. The old copier would be sold for its scrap value of $1,000. Campus requires a return of 14% on its capital investments. As a consultant to Campus, compute: 1. The payback period 2. The accounting rate of return 3. The net present value 4. The internal rate of return Problem 8 Osaka Company is planning to buy new equipment to expand their production of a popular desk. Estimated data are: Cash cost of the new equipment now $380 000 Estimated life in years 10 Terminal salvage value $ 60 000 Incremental revenues per year $320 000 Incremental expenses per year (other than depreciation) $165 000 Assume a 60% flat rate for income taxes. The company receives all revenues and pays all expenses other than depreciation in cash. Use a 14% discount rate. Assume that the company uses ordinary straight-line