Accounting Answer (MMU)

Refer to the Accounting past year paper June 2006

WARNING!!!
These answers are based solely from MY point of view...
It MAY or MAY NOT be correct....
I have yet to check with the lecturer's answers....


Be cautious, u have been warned.....


SECTION C
QUESTION 3 ( Subjective)

a) Payback period:
Prop X = 5.33 yrs
Prop Y = 5.07 yrs

b) AAR:
Prop X = 17.69%
Prop Y = 19.49%

c) NPV
Prop X = 1650
Prop Y = 139860

OR

c) NPV
Prop X = 1200
Prop Y = 139280

<<<>present value table is slightly different than the cumulative present value table (round off digits) >>>

d) Proposal Y is a better investment



If there are any mistakes, PLEASE leave a comment...
If there are NO mistakes, PLEASE leave a comment too...
If there are ANY inquiries, PLEASE let me know....


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