Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

NK Sdn Bhd a social enterprise company incorporated in Malaysia with the mission to advocate healthy lifestyle. NNK Sdn Bhd has two main two main

NK Sdn Bhd a social enterprise company incorporated in Malaysia with the mission to advocate healthy lifestyle. NNK Sdn Bhd has two main two main outbounds which are E-Board and E- Learning.
NEW INVESTMENT
The company was established since 2012, and will be celebrating its 10th anniversary next year. With that in mind, the board of directors proposed that NK Sdn Bhd to introduce Cloud Storage. The new product will be known as C-Store. In order to provide Cloud Storage, NK Sdn Bhd needs to invest on Cloud Store development which cost RM2,000,000 with required rate of return of 15%. The details of the new product line is as follows:
Year
Initial Cost and Book Value
Annual Net After Tax Cash flows
Annual Net Income
0
$ 2,000,000
1
$ 300,000
$ 180,000
2
$ 500,000
$ 300,000
3
$ 800,000
$ 480,000
4
$ 1,600,000
$ 960,000
5
$ 2,000,000
$ 1,200,000
The financial year end for NK Sdn Bhd is December 31 every year. The company Operational flows is as follows:
Inbound
Process
Outbound
Casing Front Casing Back Processor
Screen
E-Pen
Assemble Casing & Processor
Affix Screen
Attach E-Pen
E-Board
Supporting Main Operations Activities Activities
Register
Register
Trial Period Subscription
Training
Cloud Store (Planning Year 2023) E-Learning
Trial Period E-Learning
E-Certificate
General Administrative, Finance, Human Resource
Marketing & Promotion Research & Development Information Technology & Infrastructure
Planning & Budget for financial year 2022
For financial year 2021, Sales Department was assigned to achieve budgeted sales of 100,000 units

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

Corporate Governance And Statutory Audit Stakes And Articulations

Authors: Chefick Olagbèyindé Olafa

1st Edition

6204385682, 978-6204385686

More Books

Students also viewed these Accounting questions

Question

7. What decisions would you make as the city manager?

Answered: 1 week ago

Question

8. How would you explain your decisions to the city council?

Answered: 1 week ago