论文部分内容阅读
企业在长期投资论证和决策过程中,对投资回收期的测算。目前比较普遍采用的公式是: 投资回收期一总投次/年平均收益这一测算公式简便易懂,便于操作,但没有把投资所必须支付的利息以及投产后收益中的利息等因素考虑进去,因而不能在贷款投资条件下,特别是在利用复利计息的外资贷款投资条件下科学、准确地测算投资回收期。我们在实际工作中.把管理会计学中关于资金的时间价值概念引入到投资回收期的测算中。推导出一个新的投资回收期测算公式。解决了复利计息贷款条件下投资回收期测算的问题.公式如下: (一)投资即可见效情况下投资回收期测算公式:
Enterprises in the long-term investment demonstration and decision-making process, the return on investment estimates. Currently more commonly used formula is: payback period of a total investment / average annual return of this formula is simple and easy to understand, easy to operate, but did not invest the interest must be paid as well as the return on investment after the interest and other factors into account Therefore, it is not possible to calculate the payback period scientifically and accurately under the conditions of loan investment, especially in the case of foreign-funded loans using compound interest-bearing interest rates. In actual work, we introduce the concept of time value of capital in management accounting to the calculation of the payback period. A new formula for calculating the payback period is deduced. Solve the compound interest-bearing loans under the conditions of investment recovery period calculation of the problem.The formula is as follows: (A) investment can be effective under the conditions of investment recovery period calculation formula: