Accounting 9706 · AS & A Level · Investment appraisal

Investment appraisal — practice question

Consult Source A in the insert.
(a(i))[3]

Calculate the net present value (NPV) for the new machine.

(a(ii))[3]

Calculate the net present value (NPV) for the upgraded machine.

(b(i))[3]

Calculate, to two decimal places, the internal rate of return (IRR) for the new machine.

(b(ii))[3]

Calculate, to two decimal places, the internal rate of return (IRR) for the upgraded machine.

(c)[7]

Advise the directors which machine they ought to choose if Product P were to be made. Justify your answer.

(d)[6]

Assess how the directors’ decision to make Product P is affected if these two issues are dealt with. Support your answer with calculations.

Worked solution & mark scheme

This 25-mark question has a full step-by-step worked solution and mark scheme. One marking point: Year 3 sales revenue = 580 000

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