管理會計(jì)習(xí)題集答案(第八章)

1、第八章 長期投資決策分析參考答案1、 解:FV4=200×F/P, 14%, 4+250×F/P, 14%, 3+300×F/P, 14%, 1=200×1.689+250×1.482+300×1.140=1050.3(萬元2、解:PV 0=40 000+20 000×P/F, 12%, 1+25000×P/A, 12%, 3×P/F, 12%, 1+30 000×P/F, 12%, 5=40 000+20 000×0.893+25000×2.402×0.893+3

2、0 000×0.567 =128 495(元3、解:(1 FV3=2000×F/A, 12%, 3 =2000×3.374=6748(萬元(2 A=6748/(P/A, 12%, 7 =6748/4.564=1478.5276(萬元4、解:(1 FVA8=240×F/A, 6%, 6=240×6.975=1674(元(2 PV A0=240P/A, 6%, 8-P/A, 6%, 2=240×6.210-1.833=1050.48(元5、解:折舊 =(120 000-6 000 /6=19 000(元(1 NPV=-120 000+32

3、 000×P/A, 14%, 6+6000×P/F, 14%, 6=-120 000 +32 000×3.889+6000×0.456 =+7184(元>0(2 PI=(120000+7184 /120 000=1.06(3 i1=16% NPV=+380 i1=17% NPV=-2812 IRR=16.12%(4 PP (靜 =120000/32000=3.75(年(5 ARR=13000/(120000+6000 /2 ×100%=20.63%6、解:(1繼續(xù)使用舊設(shè)備相關(guān)項(xiàng)目計(jì)算如下:舊設(shè)備重置成本 =12 000元年折舊額 =12

4、 000/6= 2 000(元折舊費(fèi)對所得稅的影響現(xiàn)值=2000×40%×P/A, 10%, 6=3484.24(元其他運(yùn)行成本現(xiàn)值 =8000×(1-40%×P/A10%, 6 =48000×4.355=20904(元平均年成本(UA V = 12 000 -34 84.24 +20904P/A10%, 6= 29419.76 ÷4.355 =6755.40 (元(2更新為新設(shè)備新設(shè)備購置成本 = 40 000(元預(yù)計(jì)殘值收回現(xiàn)值 =2 000×P/F10%, 8 =2 000×0.467=933(元年折舊額 =(40 000-2000 /8= 4750(元折舊費(fèi)對稅收的影響的現(xiàn)值4750×40%×P/A, 10%, 8=10136.61(元其他運(yùn)行成本現(xiàn)值 =6000×(1-40%×P/A10%, 8 =19205.64(元平均年成本(UA V = 40 000 -933-10 136.31 + 19205.64P/A10%, 8= 48136