new
		2019 ford XLT
	Passenger	10
	Estimated arrival	May-19
	Km
	Warranty
with tax	Cost	$ 60,595
Without tax	Cost	$ 54,103
included	Rebate	$ 500
Excluded	Rebate
	Tow Hitch
	Tax	$ 6,492	12%
	Delivery
	Province inspection
	Rate of Finance	2.99%
	Instalments	$ 1,089	pm
	Years	5	yrs
	Total Interest	$ 4,717
	Salvage	$ 14,000
	Life	5	yrs

Additional costs	All shuttle vans
Vinly Graphics	$ 750.00
GST Claimable	5%
Usage	All shuttle vans
kms	42,500
life	5 years
CCA	30%
Company's Tax Rate	10%
Reuired rate of return	15%

Compute the following individual net present value of each of the three shuttle van capital expenditures (Note: all GST amounts paid are working capital recovered at acquisition): a) new 2019 Ford Transit 10 passenger van b) new 2018 Ford Transit 15 passenger van c) used 2017 Ford Transit 10 passenger van

new 2019 ford XLT 10 existing 2015 Ford Transit Passenger 15 Estimated arrival Km 115,000 Warranty Cost new 2018 Ford Transit 15 Jan-19 May-19 used 2017 Ford Transit 10 Jan-19 21,000 Sep-20 $ 38,600 Additional costs All shuttle vans Vinly Graphics $750.00 GST Claimable 5% Usage All shuttle vans kms 42,500 life 5 years CCA 30% Company's Tax Rate 10% Reuired rate of return 15% Questions with tax Without tax included Excluded $ 60,595 $ 54,103 $ 500 $ 58,300.00 $ 6,492 Cost Rebate Rebate Tow Hitch Tax Delivery Province inspection Rate of Finance Instalments Years Total Interest Salvage Life 6,708 12% 500 without tax 200 without tax $ 3,250.00 $ 1,150.00 12% $ 6,720.00 12% $ $ $ 500.00 without tax $ $ 6.29% $ 1,220.00 pm $ 5 yrs $ 10,550 $ $ 13,000.00 $ 2.99% 1,089 pm $ 979 Compute the following individual net present value of each of the three shuttle van capital expenditures (Note: all GST amounts paid are working capital recovered at acquisition): a) new 2019 Ford Transit 10 passenger van b) new 2018 Ford Transit 15 passenger van c) used 2017 Ford Transit 10 passenger van 5 yrs 4 yrs $ 4,717 $ 14,000 5 yrs 8,392 9,000 5 yrs 5 yrs new 2019 ford XLT 10 existing 2015 Ford Transit Passenger 15 Estimated arrival Km 115,000 Warranty Cost new 2018 Ford Transit 15 Jan-19 May-19 used 2017 Ford Transit 10 Jan-19 21,000 Sep-20 $ 38,600 Additional costs All shuttle vans Vinly Graphics $750.00 GST Claimable 5% Usage All shuttle vans kms 42,500 life 5 years CCA 30% Company's Tax Rate 10% Reuired rate of return 15% Questions with tax Without tax included Excluded $ 60,595 $ 54,103 $ 500 $ 58,300.00 $ 6,492 Cost Rebate Rebate Tow Hitch Tax Delivery Province inspection Rate of Finance Instalments Years Total Interest Salvage Life 6,708 12% 500 without tax 200 without tax $ 3,250.00 $ 1,150.00 12% $ 6,720.00 12% $ $ $ 500.00 without tax $ $ 6.29% $ 1,220.00 pm $ 5 yrs $ 10,550 $ $ 13,000.00 $ 2.99% 1,089 pm $ 979 Compute the following individual net present value of each of the three shuttle van capital expenditures (Note: all GST amounts paid are working capital recovered at acquisition): a) new 2019 Ford Transit 10 passenger van b) new 2018 Ford Transit 15 passenger van c) used 2017 Ford Transit 10 passenger van 5 yrs 4 yrs $ 4,717 $ 14,000 5 yrs 8,392 9,000 5 yrs 5 yrs