Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Case Study Analysis 1 The management of Matrix Stores Sdn. Bhd. are in the process of exploring the company's investment opportunities. There are six opportunities,

image text in transcribed
image text in transcribed
image text in transcribed
Case Study Analysis 1 The management of Matrix Stores Sdn. Bhd. are in the process of exploring the company's investment opportunities. There are six opportunities, the details and relevant information for which is as follows: Project A would cost SR 29 000 now, and would generate the following cash flows: Year SR 8,000 2 12,000 3 10,000 6,000 4 The equipment included in the cost of the investment could be resold for SR 5,000 at the start of year 5. Project B would involve a current outlay of SR 44,000 on capital equipment and SR 20,000 on working capital. The profits from the project would be as follows: 1 Fixed cost Year Sales Variable Contribution Profit Costs SR SR SR SR SR 1 50,000 25,000 10,000 15,000 2 75,000 90,000 42,000 30,000 10,000 60,000 28,000 20,000 6,000 3 14,000 8,000 Fixed costs include an annual charge of SR 4,000 for depreciation; all the other fixed costs are avoidable. At the end of year 3 the working capital investment would be recovered and the equipment would be sold for SR 5,000. Project C would involve a current outlay of RM50,000 on equipment and SR 15,000 on working capital. The investment in working capital would be increased to SR 21,000 at the end of the first year. Annual cash profits would be SR 18,000 per annum for five years, at the end of which the investment in working capital would be recovered. Project D is a long-term project, involving an immediate outlay of SR 32,000 and annual cash profits of SR 4,500 per annum in perpetuity. Project E is another long-term project, involving an immediate outlay of SR 20,000 and annual cash profits as follows: Year SR 1-5 6 - 10 5,000 4,000 11 in perpetuity 3,000 The company discounts all projects of ten years' duration or less at a cost of capital of 12%, and all longer projects at a cost of 15%. You are required to; (a) Calculate the NPV of each project

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit And Assurance Q And A 2016

Authors: ACA Simplified

1st Edition

1523200464, 978-1523200467

More Books

Students also viewed these Accounting questions

Question

Draw a use case diagram for Worlds Trend Catalog Division.

Answered: 1 week ago

Question

What is the equation for operating cash flows in finance?

Answered: 1 week ago

Question

8-6 Who poses the biggest security threat: insiders or outsiders?

Answered: 1 week ago