5. PT D memiliki membayar $0,5 per
share dividend pada akhir tahun (D0 = $0,5).
Dividend diharapkan tumbuh pada tingkat konstan 7% per tahun. Required rate of
return pada saham Ks = 15%. Berapa nilai per share atas
saham tersebut?
P0
= Dn / R- g
= (0,5 (1 + 0,07))/ 0,15 - 0,07
= 0,535 / 0,08
= $6,69
6. Dari setiap kasus berikut, hitunglah titik impas akuntansi dan kas.
Abaikan dampak pajak dalam menghitung impas kas.
Harga/unit
|
variabel
cost/unit
|
fixed cost
|
depresiasi
|
$2500
|
$2275
|
$15000000
|
$6500000
|
39
|
26
|
73000
|
140000
|
10
|
3
|
1200
|
1020
|
Accounting BEP
Ø Q = (FC + D)/ (P - V)
Q = (15000000 + 6500000)/ (2500 -
2275)
Q = (21500000)/ (225)
Q = 95555.56
Q = (73000 + 140000)/ (39 - 26)
Q = (213000)/ (13)
Q =
16384.61
Q = (1200 + 1020)/ (10 - 3)
Q = (2220)/ (7)
Q =
317.14
Cash
Flow Break Even
OCF1 = (S - VC - FC -
D) + D
OCF1 = (2.500 X 95.556 - 2.275
X 95.556 - 15.000.000 - 6.500.000) + 6.500.000
OCF1 = (238.890.000 -
217.389.900 - 15.000.000 - 6.500.000) + 6.500.000
OCF1 = $6.500.100
Q1 = (OCF + FC) / (P - v)
Q1 = (0 + 15.000.000) / (2.500
- 2.275)
Q1 = 1500.000/ 225
Q1 = 66.667 unit
Q2 = (OCF + FC) / (P - v)
Q2 = (0 + 73.000) / (39 - 26)
Q2 = 73.000/ 13
Q2 = 5.615 unit
Q3 = (OCF + FC) / (P - v)
Q3 = (0 + 1.200) / (10 - 3)
Q3 = 1.200/ 7
Q3 = 171 unit
Thank you Kiko,
BalasHapusGOOD LUCK, in the study future test, god bless you.
Thank you so much dear... good luck too
HapusWhen you anytime with me about studygroup discusses Finnace Management, tomorrow, are you can ? thanks.
Hapus