KETERANGAN
1 2 3 4
Kuantitas penjualan (Unit) 1,300 1,300 1,300 1,300
Harga jual / unit (Rp) 200 200 200 200
Penjualan (Rp) 260,000 260,000 260,000 260,000
Biaya operasional
Tetap Tunai 20,000 20,000 20,000 20,000
Variabel = 50% x penjualan 130,000 130,000 130,000 130,000
Depresiasi 30,000 30,000 30,000 30,000
Total 180,000 180,000 180,000 180,000
EBIT 80,000 80,000 80,000 80,000
Bunga (I) 9,600 9,600 - -
EBIT 70,400 70,400 80,000 80,000
T (20%) 14080 14080 16000 16000
NI = GAT 56320 56320 64000 64000
CIF 94,000 94,000 94,000 94,000
Modal kerja Neto
Nilai sisa
Total 94,000 94,000 94,000 94,000
Keterangan:
Investasi awal
· Harga mesin: Rp 180.000
Modal kerja: Rp 20.000
Total : Rp 200.000
Jawab
A. Payback Period
Tahun CIF AKUMULASI PP
1 94,000 94,000 1 Tahun
2 94,000 188,000 1
3 94,000 200,000
12/94.000 = 0,13
4 94,000 -
5 144,000 - -
2 Tahun 2 Bulan
Total PV of CIF
PI=
Investasi Awal
367,221
=
200,000
= 1,84 >1,00 maka investasi diterima
20,000
130,000
30,000
180,000
80,000
-
80,000
16000
64000
94,000
20000
30000
144,000