Table 5.1: Condensed income/expenditure of fish farm project Year 2 Activity Sales Costs of sales Gross profit Operating Year 1 Year 3 Year 4 Year 5 5,400,000 9,760,000 (4,360,000) 2,970,000 5,940,000 6,534,000 7,187,400 7,906,140 5,940,000 2,780,000 6,534,000 2,400,000 7,187,400 2,560,000 7,906,140 2,700,000 cost 2,403,000 N.P.B.T. Tax 45% 3,160,000 1,422,000 4,134,000 1,860,300 4,627,400 2,082,330 5,206,140 2,342,763 Proposed loan 780,000 880,000 1,000,000 1,150,000 90,000 герауment Table 5.1 shows the Principal =N= 13,000,000 + interest 30 % = N 3,900,000.
Table 5.1: Condensed income/expenditure of fish farm project Year 2 Activity Sales Costs of sales Gross profit Operating Year 1 Year 3 Year 4 Year 5 5,400,000 9,760,000 (4,360,000) 2,970,000 5,940,000 6,534,000 7,187,400 7,906,140 5,940,000 2,780,000 6,534,000 2,400,000 7,187,400 2,560,000 7,906,140 2,700,000 cost 2,403,000 N.P.B.T. Tax 45% 3,160,000 1,422,000 4,134,000 1,860,300 4,627,400 2,082,330 5,206,140 2,342,763 Proposed loan 780,000 880,000 1,000,000 1,150,000 90,000 герауment Table 5.1 shows the Principal =N= 13,000,000 + interest 30 % = N 3,900,000.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Table 5.1: Condensed income/expenditure of fish farm project
Activity
Sales
Costs of sales | 9,760,000
Gross profit
Operating
Year 1
5,400,000
Year 2
Year 3
Year 4
Year 5
5,940,000
6,534,000
7,187,400
7,906,140
(4,360,000)
2,970,000
5,940,000
2,780,000
6,534,000
2,400,000
7,187,400
2,560,000
7,906,140
2,700,000
cost
5,206,140
2,342,763
N.P.B.T.
3,160,000
1,422,000
4,627,400
2,082,330
2,403,000
4,134,000
Tax 45%
1,860,300
9
Proposed loan 780,000
rерayment
880,000
1,000,000
1,150,000
90,000
Table 5.1 shows the Principal =N= 13,000,000 + interest 30 % = N 3,900,000.
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