【正文】
aftertax cost of capital of 12% for investment appraisal purposes. Nominal (money terms):名義上的。2009Section A Investment appraisal 項目投資評價概 述 從2008年出題來看,英語加試題出了兩小道,一道是財務(wù)管理,一道是管理會計,預(yù)測近年仍沿襲此風(fēng)格。資金配額 QUESTION 1 Paragraph 1 Duo Co to increase production capacity to meet increasing demand for an existing product, ‘Quago’,which is used in food processing. A new machine, with a useful lite of four years and a maximum output of 600,000kg of Quago per year, could be bought for $800,000, payable immediately. The scrap value of the machine after four years would be $30,000. Forecast demand and production of Quago over the four years is as follows: Year 1 2 3 4 Demand(kg) 14 million 15 million 16 million 17 million Increase production capacity: 增加生產(chǎn)能力 Meet increasing demand: 滿足日益增長的需求 Machine:機器 Useful life:使用年限 Maximum:最大 Maximum output:最大產(chǎn)量 Payable immediately:立即支付 Scrap value or residual value:殘值 Forecast:預(yù)測 Million:百萬 Paragraph 2 Exi