13-31

Sistem Operasi lama

Tahun arus kas faktor diskonto nilai saat ini
0 0 1,000 0
1-Oct -197,000 5.65 - 1,113,050 1
NPV - 1,113,050 0.66
0.34
*[-(0,66x$350.000) + (0,34x$100.000)] 5.65
sistem fleksibel (menggunakan depresiasi MACRS)
Tahun (1-t)CA Tncb arus kas faktor diskonto nilai saat ini
0 -1,250,000 1,000 -1,250,000
1 -62,700 60,733 -1,967 0.893 -1,757
2 -62,700 104,083 41,383 0.797 32,982
3 -62,700 74,333 11,633 0.712 8,283
4 -62,700 53,083 -9,617 0.636 -6,116
5 -62,700 37,953 -24,747 0.567 -14,032
6 -62,700 37,910 -24,790 0.507 -12,569
7 -62,700 37,953 -24,747 0.452 -11,186
8 -62,700 18,955 -43,745 0.404 -17,673
9 -62,700 -62,700 0.361 -22,635
10 -62,700 -62,700 0.322 -20,189
Total -1,314,891
A 95,000 0.66 62,700
B 1,250,000 0.1429 0.34 60,733
1,250,000 0.2449 0.34 104,083 1250000
1,250,000 0.1749 0.34 74,333
2. sistem operasi lama (dengan penyesuaian inflasi ): 425.00
tahun arus kas faktor diskon nilai saat ini
0 0 1,000 0 1,250,000 0.1249
1 -206,240 0.893 -184,172 1,250,000 0.893
2 -215,850 0.797 -172,032 1,250,000 0.892
3 -225,844 0.712 -160,801 1,250,000 0.893
4 -236,237 0.636 -150,247 1,250,000 0.446
5 -247,047 0.567 -140,076
6 -258,289 0.507 -130,953
7 -269,981 0.452 -122,031
8 -282,140 0.404 -113,985
9 -294,786 0.361 -106,418
10 -307,937 0.322 -99,156
NPV 0

Sistem fleksibel (dengan penyesuaian inflasi)

tahun arus kas faktor diskon nilai saat ini
0 -1,250,000 1,000 -1,250,000 98,800 42,500
1 -4,475 0.893 -3,996 102,752 42,500
2 36,267 0.797 28,905 106,856 42,500
3 3,804 0.712 2,708 111,141 42,500
4 -20,267 0.636 -12,890 115,587 42,500
 5 -38,331 0.567 -21,734 120,204 42,500
6 -41,426 0.507 -21,003 124,925 42,500
7 -44,556 0.452 -20,139 130,017 42,500
8 -66,854 0.404 -27,009 135,214 42,500
9 -89,242 0.361 -32,216 140,619 42,500
10 -92,811 0.322 -29,885 1,186,113 42,500
NPV -1,387,259
-1250000 - 8.846
-1250000 - 8.606
-1250000 - 8.369
-1250000 - 8.136
-1250000 - 7.907
-1250000 - 7.683
-1250000 - 7.466
-1250000 - 7.246
-1250000 - 7.034
-1250000 - 6.826

Tahun Arus Kas Df Nilai Saat ini

 1,250,000 0.34 3,676,471
0.34 0.66
350,000 231,000
100,000 34,000 - 197,000
- 197,000 - 1,113,050 5.65

1,250,000 - 64,891

arus kas tahunan = biaya operasional - pajak Faktor Diskonto dapat dari
95,000 95,000 0.34 32,300 -1757
62,700
df = I/CF

1.967 0.893 -1,757 1,759

1 0.34 0.66

62,700 60,733 1,967

95,000 0.66
62,700
1,250,000 0.1429 0.34
x 0.34 60,733
74,333
x 74,333 - 240,240
x 174.90 0.1749 34,000
0.34 53,083 53,083 - 206,240
0.34 379,525 124.90 0.1249
0.34 379,100 37,953
0.34 379,525 89.30 0.893
0.34 189,550 37,910
89.2 0.892
37,953
89.30 0.893
18,955
44.6 0.446

95,000 1.04 1.0816 1.1248

141,300 1.1699 1.2167 1.2653
145,252 1.315 1.3686 1.4233 1.4802
149,356
153,641 42,500
 158,087
162,704
167,425
172,517
177,714
183,119 Arus kas Df Nilai Saat ini
-1250000 1,000 -1,250,000
- 7.900 141,300 - 1,108,700 0.893 - 990,069
145,252 - 1,104,748 0.797 - 880,484
149,356 - 1,100,644 0.712 - 783,659
153,641 - 1,096,360 0.636 - 697,285
158,087 - 1,091,914 0.567 - 619,115
162,704 - 1,087,297 0.507 - 551,259
167,425 - 1,082,575 0.452 - 489,324
172,517 - 1,077,483 0.404 - 435,303
177,714 - 1,072,287 0.361 - 387,095
183,119 - 1,066,881 0.322 - 343,536
0.322
tor Diskonto dapat dari
13-31
Sistem Operasi lama
Tahun arus kas faktor diskonto nilai saat ini
0 0 1,000 0
1-Oct -197,000 5.65 - 1,113,050

sistem fleksibel
Tahun (1-t)CA Tncb arus kas faktor diskonto nilai saat ini
0 -1,250,000 1,000 -1,250,000
1 -62,700 60,733 -1,967 0.893 -1,757
2 -62,700 104,083 41,383 0.797 32,982
3 -62,700 74,333 11,633 0.712 8,283
4 -62,700 53,083 -9,617 0.636 -6,116
5 -62,700 37,953 -24,747 0.567 -14,032
6 -62,700 37,910 -24,790 0.507 -12,569
7 -62,700 37,953 -24,747 0.452 -11,186
8 -62,700 18,955 -43,745 0.404 -17,673
9 -62,700 -62,700 0.361 -22,635
10 -62,700 -62,700 0.322 -20,189
Total -1,314,891

2. sistem operasi lama -

tahun arus kas faktor diskon nilai saat ini
0 0 1,000 0
1 -206,240 0.893 -184,172
2 -215,850 0.797 -172,032
3 -225,844 0.712 -160,801
4 -236,237 0.636 -150,247
5 -247,047 0.567 -140,076
6 -258,289 0.507 -130,953
7 -269,981 0.452 -122,031
8 -282,140 0.404 -113,985
9 -294,786 0.361 -106,418
10 -307,937 0.322 -99,156
Total -1,379,870

Sistem fleksibel
tahun arus kas faktor diskon nilai saat ini
0 -1,250,000 1,000 -1,250,000
1 -4,475 0.893 -3,996
2 36,267 0.797 28,905
3 3,804 0.712 2,708
4 -20,267 0.636 -12,890
 5 -38,331 0.567 -21,734
6 -41,426 0.507 -21,003
7 -44,556 0.452 -20,139
8 -66,854 0.404 -27,009
9 -89,242 0.361 -32,216
10 -92,811 0.322 -29,885
Total -1,387,259