[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fYJGQvoHZ57jQcdP8HFeQMrTrmkb5aXcCzFqHTq11OJc":3},{"answer":4,"createTime":5,"id":6,"options":7,"origin":12,"question":19,"related":20,"source":30,"type":31},[],"2024-06-19 07:04:37",153105019,[8,9,10,11],"$90,910","$125,000","$115,740","$74,403",{"count":13,"courseId":14,"courseImg":15,"courseName":16,"workId":17,"workName":18},19,"9d7521348dcf04e10f16621c2429591a","https:\u002F\u002Ftihai-oss-cloud.itihey.com\u002Fimg\u002F48eba3395437dd881b1b9275a0ad1028.png","F9","work_35773925","作业20240619","AM Co will receive a perpetuity starting in 2 years' time of $10,000 per year,increasing by the rate of inflation(which is 2%).What is the present value of this perpetuity assuming a money cost of capital of 10.2%",[21,32,41,50,53,62,71,80,89,98],{"answer":22,"createTime":5,"id":23,"options":24,"question":29,"source":30,"type":31},[],153105016,[25,26,27,28],"Avoiding tax exhaustion","Attracting lease customers that may not have been otherwise possible","Exploiting a low cost of capital","Potential future scrap proceeds","Which of the following is potentially a benefit to the lessee if they lease as opposed to buy","v1",0,{"answer":33,"createTime":5,"id":34,"options":35,"question":40,"source":30,"type":31},[],153105017,[36,37,38,39],"$1,000 cost","$400 benefit","$400 cost","$Nil","SW Co has a barrel of chemicals in its warehouse that it purchased for a project a while ago at a cost of S1,000.It would cost S400 for a professional disposal company to collect the barrel and dispose of it safely.However,the chemicals could be used in a potential project which is currently being assessed.What is the relevant cost of using the chemicals in a new project proposal",{"answer":42,"createTime":5,"id":43,"options":44,"question":49,"source":30,"type":31},[],153105018,[45,46,47,48],"Gas because its average NPV per year is higher than electric","Electric because its NPV is higher than gas","Electric because its equivalent annual benefit is higher","Electric because it lasts longer than gas","A professional kitchen is attempting to choose between gas and electricity for its main heat source.Once a choice is made,the kitchen intends to keep to that source indefinitely. Each gas oven has an NPV of $50,000 over its useful life of 5 years.Each electric oven has an NPV of S68,000 over its useful life of 7 years.The cost of capital is 8%.Which should the kitchen choose and why",{"answer":51,"createTime":5,"id":6,"options":52,"question":19,"source":30,"type":31},[],[8,9,10,11],{"answer":54,"createTime":5,"id":55,"options":56,"question":61,"source":30,"type":31},[],153105020,[57,58,59,60],"Two NPV calculations are needed to estimate the IRR using linear interpolation","The graphical approach to IRR is only an estimate;linear interpolation using the formula is required for a precise answer","The IRR is unique","An IRR graph with NPV on the 'Y' axis and discount rate on the 'X' axis will have a negative slope","Which of the following statements about NPV and IRR is accurate",{"answer":63,"createTime":5,"id":64,"options":65,"question":70,"source":30,"type":31},[],153105021,[66,67,68,69],"$250,000","$227,250","$68,175","$75,000","SW Co has a 31 December year end and pays corporation tax at a rate of 30%,12 months after the end of the year to which the cash flows relate.It can claim tax-allowabledepreciation at a rate of 25%reducing balance.It pays $1m for a machine on 31 December20X4.SW Co's cost of capital is 10%.What is the present value on 31 December 20X4 of the benefit of the first portion of tax-allowable depreciation",{"answer":72,"createTime":5,"id":73,"options":74,"question":79,"source":30,"type":31},[],153105022,[75,76,77,78],"$11,020","$4,981","$11,513","S14,039","A lease agreement has an NPV of ($26,496)at a rate of 8%.The lease involves an immediate down payment of $10,000 followed by 4 equal annual payments.What is the amount of the annual payment",{"answer":81,"createTime":5,"id":82,"options":83,"question":88,"source":30,"type":31},[],153105023,[84,85,86,87],"Tax-allowable depreciation is a relevant cash flow when evaluating borrowing to buy compared to leasing as a financing choice","Asset replacement decisions require relevant cash flows to be discounted by the after-tax cost of debt","If capital is rationed,divisible investment projects can be ranked by the profitability index when determining the optimum investment schedule","Government restrictions on bank lending are associated with soft capital rationing","Which of the following statements is correct",{"answer":90,"createTime":5,"id":91,"options":92,"question":97,"source":30,"type":31},[],153105024,[93,94,95,96],"It is cash flow based","It considers the time value of money","It doesn't measure the potential impact on share holder wealth","It is profit based","Which of the following is a drawback of the payback period method of investment appraisal",{"answer":99,"createTime":5,"id":100,"options":101,"question":106,"source":30,"type":31},[],153105025,[102,103,104,105],"$10,000","$15,000","$20,000","$25,000(2 marks)","A new project being considered by BLWCo would require 1,000 hours of skilled labour.The current workforce is already fully employed but more workers can be hired in at a cost of $20 per hour.The current workers are paid $15 per hour on a project that earns a contribution of S10 per hour.What is the relevant cost of labour to be included in the project appraisal"]