# 英语论文网

### 联系方式

##### 留学生2011年会计专业作业定制：Accounting IFM

IFM  Day 3 Answers

Question 1

Payback

Project C: 2.63 years (55+65+ 60/95)

Accounting Rate of Return

Project B:

Total Profit = £320,000 - £230,000 = £90,000

Average annual profit = £18,000 (£90,000 / 5)

ARR = 18,000 / 230,000 = 7.83%

Project C:

Total Profit = £315000 - £180,000 = £135,000

Average annual profit = £33,750,000 (£135,000 / 4)

ARR = 33,750 / 180,000 = 18.75%

NPV

NPV Project B

(100,000 x 1.18-1) + (70,000 x 1.18-2) + (50,000 x 1.18-3) + (50,000 x 1.18-4) + (50,000 x 1.18-5) – 230,000 = (£16,905)

NPV Project C

(55,000 x 1.18-1) + (65,000 x 1.18-2) + (95,000 x 1.18-3) + (100,000 x 1.18-4) – 180,000 = £22,691

 Question Two Solution: Mines International 0 1 2 3 4 5 Sales £8,000,000 £9,000,000 £9,000,000 £7,000,000 Materials -£600,000 -£400,000 -£500,000 -£500,000 -£400,000 Wages -£300,000 -£700,000 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。 英语论文网专业提供英语论文、英语毕业论文、留学生论文、essay、assignment服务。 作业代写和论文代写服务。 备案号：沪ICP备10026080号-1 ``` Europe （24-hours） EN：13917206902 china （24-hours） CN：13917206902 ``` 在线客服团队 ``` 全天候24小时在线客服 QQ:949925041 ``` 微信公众订阅号