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加拿大会计学论文代写:净现值

加拿大会计学论文代写:净现值

详细的计算已经显示在附录附上。重要的是,在这里理解的是,已提供的某些因素已被考虑在与投资评估相关的计算,必须执行。然而,另一个假设是,销售是在年底产生的,而投资是在年初完成。因此,投资已考虑在第0年,而开始销售被认为是在第1年起。因此,现金流已贴现。

基于可以说策略2为净现值更高更好的选择上面的值,它具有较高的IRR和ARR值。因此,对于所有的投资评估技术,公司必须采用战略。如果市场研究机构的成本被认为是战略1的净现值将成为负。

该公司已采用三项投资评估技术。净现值法的投资创造的价值是基于贴现现金流。重要的是要了解这里,虽然现金流可能低于其他投资选择,净现值可能会更高,由于高现金流在以后几年。例如在策略2案例的现金流可能是由于较低的销售价格低,但由于销量的增长将导致更高的现金流(zvarok,2007)。净现值,从而提供全面洞察盈利能力。产生的现金流的各种因素的影响,如投资的年数将运行,在不同年份的现金流和资本成本可以容纳在折现率。

另一种投资评估方法是基于项目预期利润和项目平均投资的年度回报率。年回报率是按项目平均投资除以平均会计利润计算的。平均会计利润是指在投资期间按年数计算的利润。同样平均投资计算。在某种程度上,会计收益率类似于资本回报率或股本回报率。会计收益率的优势在于对投资评估的简单性和理解能力,并以投资和所用资本为基础对利润进行评价,这是与投资相关的主要因素(刷,2004)。

加拿大会计学论文代写:净现值

The detailed calculations have been shown in the annexure enclosed. It is important to understand here is that certain factors that have been provided have been considered in the calculations associated with the investment appraisal that has to be performed. However another assumption that has been made is that the sales are generated at the end of the year whereas the investment is done at the start of the year. So the investment has been considered in year 0 whereas the start of the sales is considered in year 1 onwards. Accordingly the cash flow has been discounted.

Based on the above values it can be said that strategy 2 is a better option as the NPV is higher, it has higher IRR and ARR values. Thus with respect to all the investment appraisal techniques the strategy must be employed by the company. If the cost of the market research agency is considered the NPV of strategy 1 will become negative.

The three investment appraisal techniques have been employed by the company. The value created by the investment in case of NPV method is based on the discounted cash flow. It is important to understand here that although the cash flow may be lower than other investment option, the NPV may be higher due to high cash flow in later years. For example the cash flow in case of strategy 2 may be lower due to lower selling price but since the growth in sales volume will result in higher cash flows (Zvarok, 2007). NPV thus provide comprehensive insight into the profitability made. The various factors having an impact on the cash flow that is generated such as number of years the investment will be operational, cash flows in different years and the cost of capital can be accommodated in the discount rate.

The other investment appraisal technique is annual rate of return which is based on the expected accounting profit and the average investment that is made in the project. The annual rate of return is calculated as average accounting profit made divided by average investment in the project. The average accounting profit is the profit made for over the investment period divided by number of years. Similarly average investment is calculated. In a way accounting rate of return is similar to the return on capital employed or the return on the equity. The advantage of the accounting rate of return is the simplicity and the ability to understand the investment appraisal and it provides the appraisal on the profit based on the investment and the capital employed which is the main point associated with the investment (Brush, 2004).