Budgeting & Planning: Financial Planning- Alpha Toys- Finance Assignment Help

Internal Code: 1GHHB

Finance Assignment Help:

Task: Question 1 A company purchased a car at the beginning of a financial year for $42000. The estimated usage is 155000 kilometres for three financial years, and the resale value of the car at the end of these three years is expected to be $11000. Depreciation is to be charged each financial year according to kilometres travelled. The following kilometres were recorded for the three financial years. Prepare a depreciation schedule showing the depreciation for each of the financial years. Question 2 DETERMINING NET PRESENT VALUE The following information is shown in respect of the proposed purchase of new equipment to improve the performance of one of the product lines of Alpha Toys. Chairperson Morgan Johnson knows the company needs to spend $100000 on the equipment to undertake the project. The cash flows are : Year 1              $60000 Year 2              $80000 Year 3              $110000 Use the following table to help with your analysis and to determine the net present value of the project based on a discount rate of 10%. Present Value of $1