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BI TP QUAN TRI TI CHINH

i 1Ngy 1/11/X cng ty Nam Phng mua mt TSC, gi mua theo ho n l 500 triu ng (khng bao gm VAT),

u thanh ton 2% trn gi mua cha c VAT, chi ph vn chuyn ti sn v n doanh nghip l 5 triu ng (khng baoAT), l ph trc b 11 triu ng. Cng ty khng c tin thanh ton nn phi vay ca ngn hng Cng thng Ba nn 200 triu ng (1/11/X). Thi gian vay 4 nm, li sut vay 9% nm, tr li vay hng thng vo ngy cui thng.u cu:

1. Xc nh nguyn gi TSC, bit rng thu sut VAT i vi TSC v dch v vn chuyn l10% , cng ty np Van s dng TSC doanh nghip d kin l 4 nm bt u t nm X+1.

2. Lp k hoch khu hao TSC trn theo 3 phng php: ng thng, t l gim dn, s d gim dn c iu chnh.

i 2Ngy 1/2/X cng ty ABC mua mt t v lm TSC, gi mua ti ca khu TP.HCM (CIF) l 300 triu ng. Thu su

p khu t l 90%, thu sut thu tiu th c bit l 50%, thu sut thu gi tr gia tng l 10%. Cc chi ph vn chuyn, lsn (khng bao gm thu gi tr gia tng) l 25 triu ng, l ph trc b 13 triu ng. Cng ty khng c tin thanh

n phi vay ca ngn hng u t & Pht trin TP.HCM khon tin 200 triu ng (ngy 1/2/X) vi li sut 10% nm, thi h5 nm. Li vay tr hng thng vo ngy cui thng.u cu:

1. Xc nh nguyn gi TSC? Bit rng cng ty np thu gi tr gia tng theo phng php khu tr thu, thi gidng TSC d kin l 5 nm bt u t thng 3 nm X.

2. Lp k hoch khu hao TSC trn theo 3 phng php: ng thng, t l gim dn, s d gim dn c iu chnh?

i 3 Doanh s bn hng ca cng ty Phng Nam 3 thng 10, 11, 12 nm N l: 467 triu ng; 550 triu ng; 375 triu kin doanh s bn hng 3 thng u nm N+1 ln lt l: 600 triu ng; 658 triu ng; 720 triu ng. Cc d liu kh

n nh sau:- 5% doanh s bn hng thanh ton tr ngay, phn cn li bn chu.- Doanh s bn chu c thu tin nh sau: 30% doanh s bn chu c thu vo thng th 2 sau khi bn v 70% c

o thng th 3.- Doanh s mua nguyn liu thng 10, 11, 12 nm N v thng 1, 2, 3 nm N+1 ln lt l 300, 320, 240, 360, 400, 400

ng. Tin mua nguyn liu tr ngay 50%, tr sau 1 thng 50%.- Tin lng cn b nhn vin phi tr hng thng 140 triu ng khng ph thuc vo doanh s bn.- Thu gi tr gia tng phi np mi thng cn c vo s thu GTGT u ra v u vo ca thng trc. n v np thu

gia tng theo phng php khu tr thu.- Li vay phi tr ngn hng mi thng 80 triu ng.

u cu:1. Lp ngn sch thu chi tin ca cng ty 3 thng u nm N+1?2. Mc tn qu u thng 1 l 25 triu ng. Cng ty quyt nh mc d tr tin d phng l 50 triu ng. Hy tnh

y thiu ht tin so vi mc tiu ca mi thng?

i 4Cng ty Siprodex c nhu cu s dng nguyn liu trong nm l 1500 n v, Gi mua l 760.000 ng/ n v, chi ph

t hng l 200.000 ng, chi ph lu kho trn mt n v nguyn liu bng 12% gi mua. p dng m hnh EOQ xc ntiu sau:

1. S lng t hng ti u mi ln (EOQ) ?2. Mc tn kho bnh qun ti u (EOQ/2) ?3. S ln t hng ti u trong nm ?4. Tng chi ph t hng trong nm ?5. Tng chi ph bo qun (lu kho) trong mt nm ?6. Tng chi ph tn kho trong mt nm ?7. im t hng li (cho s ngy ca nm l 360 v thi gian mua hng l 4 ngy)?

i 5Hy tnh mc chi ph s dng tn dng thng mi do b qua khon chit khu i vi cc iu kin tn dng sau:3/10 net 302/20 net 401/15 net 452/15 net 40

i 6Gi s mt giao dch tn dng thng mi c iu kin thanh ton l 3/10 net 70. Yu cu:

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1. Tnh chi ph ca giao dch ny khi ngi mua thanh ton vo ngy th 70 k t ngy giao hng thay v tr tin vo 10?

2. Gi s ho n mua hng c thanh ton vo ngy th 60 th chi ph ca khon tn dng ny thay i nh th no sng hp thanh ton trn?

i 7Cng ty ABC cn mua mt khung kho Tip loi 120m. Cng ty nhn c 3 in cho hng vi cc mc gi v iu

nh ton nh sau:Bc in 1: Gi hng 150 tr. Chi ph vn chuyn bc xp n tn ni l 10 tr. Ton b gi hng v chi ph phi thanh

ay.Bc in 2: Gi 170 tr, ngi bn chu trch nhim vn chuyn n tn ni theo yu cu ca ngi mua. Tin hng

nh ton ngay 50%, s cn li cho chu sau 1 nm.Bc in 3: Gi hng 165 tr v ngi mua phi t vn chuyn. Tin hng phi thanh ton ngay 20%, sau 1 nm thanh%, sau 2 nm thanh ton nt s cn li.

Cng ty d tnh, nu t vn chuyn th chi ph l 15 tr.Yu cu: hy tnh ton t vn cho cng ty ABC nn mua hng theo in cho hng no? Bit rng li sut trung bnh

trng hin ti n nh mc 8% nm.

i 8Cng ty Phng Nam ang c nhu cu u t mt s my vi tnh cho cng tc vn phng. Gi 1 dn my trn th trng

20 tr. Nu cng ty mua tr gp trong 5 nm th cui mi nm phi tr 6 tr.u cu:

1. Xc nh li sut tr gp?

2. Lp bng thanh ton n (tnh ring gc v li) phi tr mi nm ?3. Nu li sut cho vay trung hn i vi VND ca ngn hng trn th trng hin ti l 8% nm ( li tr sau) th cnn vay ngn hng mua tr ngay, hay mua tr gp? Bit rng cng ty c iu kin vay ngn hng.

i 9Cng ty may 10 mua b sung mt my may cng nghip vi iu khon thanh ton nh sau: tr ngay 200 triu ng v

u mi qu 20 triu ng trong vng 10 nm ti. Hai bn mua v bn cng tho thun nu cng ty khng tr ng hn th phvi mc li sut 8% nm, gp li hng qu.u cu:

1.Tnh tng s tin cng ty phi hon tr vo k th 11 nu v nhng l do khch quan cng ty khng tr c 10 khop u tin?

2.Gi s sau khi hon tr xong 19 khon tr gp u tin cng ty may 10 mun thanh ton ton b s tin tr gp cn lth 20. Hy tnh s tin m cng ty May phi tr vo k .

i 10Cng ty may Chin Thng ang tm mt ngun ti tr tr gi 550 triu ng, k hn 6 thng b sung cho vn lu

i t cch l mt nh qun tr ti chnh doanh nghip anh (ch) hy xc nh chi ph v t vn cho cng ty la chn c cc np l nht trong s cc ngun ti tr sau y:

- Ngn hng Cng thng ng a H Ni chp thun cho vay vi mc li sut l 15% nm gi tr khon vay, li tnhng php li n v cng ty khng phi k qu.

- Ngn hng ACB chp thun cho vay vi li sut chit khu 11,2% nm.- Ngn hng Si Gn Thng tn chp thun cho vay vi mc li sut tnh thm l 10% nm.- Ngn hng VCB chp thun cho vay vi mc li sut 9% nm v t l k qu l 15%.

i 11Cng ty Phng Nam vay ca ngn hng u t & Pht trin H Ni khon tin 320 tr vi li sut 8% nm, thi hn v

m. Ton b n gc v li c tr dn vo cui mi nm vi nhng khon tin bng nhau.u cu:

1. Xc nh s tin cng ty phi tr vo cui mi nm?2. Lp bng lch trnh thanh ton n (tnh ring gc v li) ca cng ty vi ngn hng.

i 12Cng ty Trng Sn chuyn sn xut mt loi sn phm c gi bn 30.000/n v. Chi ph bin i trn mt n v

m l 18.000 , tng chi ph c nh l 179 tr. Yu cu:1.Xc nh mc sn lng ha vn ca cng ty.2.Tnh thu nhp trc thu v li vay khi mc sn lng bn ra l 20.000 n v v 22.000 n v.

i 13Cng vi cc s liu nh bi 12 nhng s lng bn ca cng ty nm X c d bo nh sau:

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S lng bn Xc sut12.00014.91616.66721.00022.000

0,040,040,110,600,21

Cng ty ang cn nhc chuyn sang sn xut loi sn phm ny bng mt dy truyn sn xut khc c tng chi ph c 0 tr, chi ph bin i trn mt n v sn phm l 15.000 ng.

Yu cu: 1.Xc nh sn lng ha vn ca d n ang xem xt?2.Cho bit mc EBIT bnh qun s thay i nh th no so vi k hoch sn xut c nu d bo v xc sut t

sn phm mi nm X ging sn phm c?

i 14Cng ty Phng Bc tr c tc trong nm gn y nht l 20.000/c phiu. Gi bn c phiu l 250.000. T l tng tr

vng ca c tc l 5% nm. Nu cng ty pht hnh c phiu mi th n phi chu chi ph pht hnh 4% trn s vn huy ng.cu:

1.Xc nh chi ph s dng vn nu cng ty tng vn bng li nhun gi li?2.Xc nh chi ph s dng vn c phn mi?

i 15Bng cn i k ton ngy 31/12/N ca cng ty i Bc nh sau:

n v: t

Ti sn Ngun vnSLSC

11,3021,35

-N ngn hn-N di hn-Vn c phn u i-Vn c phn thng

10,699,462,50

10,00ng ti sn 32,65 32,65

Chi ph trung bnh ca n ngn hn sau thu l 5,5%. Chi ph n di hn trc thu l 11,5%. Li nhun c phn u 5%, li nhun c phn thng 18%. Thu sut thu thu nhp doanh nghip 28%.

Yu cu: Tnh chi ph s dng vn bnh qun nm N ca cng ty i Bc.

i 16Cng ty c kh Trn Hng o ang xem xt mua mt my mi. Gi mua hin ti l 1.000 tr v thi gian s dng m

n l 5 nm. Gi tr thanh l ti sn sau 5 nm d kin l 10 tr. Cng ty s p dng phng php khu hao theo t l gim du chnh. D kin li nhun trc thu do my to ra khi a my vo s dng ln lt trong 5 nm l: 250 tr, 300 tr, 3000 tr, 200 tr. Thu sut thu thu nhp doanh nghip l 28% (Chnh ph khng nh thu i gi tr thanh l TSC).u cu:

1. Xc nh lung thu nhp (bao gm li nhun sau thu v tin khu hao) ca d n t nm th nht n nm th nm.2. Xc nh thi gian thu hi vn u t ca d n.3. Nu cng ty quyt nh ch u t vo nhng d n c thi gian hon vn u t khng qu 3 nm th d n trn c

p nhn khng?0

i 17Cng ty ABC d nh mua mt my ca mi ca hng Mitsubishi vi gi 100 triu ng thay th my ca c.

i c thi gian s dng 5 nm. Li nhun trc thu ca 5 nm d tnh ln lt l: 30.000.000, 26.000.000, 22.000

000.000, 20.000.000. Vo nm th ba cng ty phi duy tu sa cha, chi ph d tnh 10.000.000. Cng ty tin hnh khC theo phng php tuyn tnh, thu sut thu thu nhp doanh nghip cng ty phi np l 28%. Hy tnh ton cho bit cth thc hin d n u t ny khng nu cng ty ch u t vo nhng d n c thi gian hon vn khng qu 3 nm.

i 18Cng ty lng thc ABC ang d tnh mua thm mt my xay xt. Cng ty nhn c 2 in cho hng sau:in cho hng 1: Gi my 120tr. My c tui th theo thit k l 4 nm. Cng ty d tnh nu mua my ny th m

un trc thu cng ty c th thu c trong 4 nm ln lt l: 15tr, 16tr, 18tr, 13tr. Khi ht hn s dng gi tr thanh ltnh l 5tr.

in cho hng 2: Gi my l 200tr, tui th theo thit k l 5 nm. Nu cng ty mua my ny th t l go t tiu ct khu rt cao do li nhun trc thu trong 5 nm d tnh ln lt l:24 tr, 26 tr, 24 tr, 22 tr, 18 tr. Gi tr thanh ltnh 15 tr.

Hy tnh NPV v IRR t vn cho cng ty ABC nn mua my theo bc in no? Bit thu sut thu thu nhp dhip cng ty phi np l 28% nm. Chnh ph khng nh thu i vi gi tr thanh l TSC. Cng ty d kin khu hao t

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o phng php ng thng, chi ph s dng vn ca cng ty l 10% nm.Nu cng ty khu hao theo phng php gi tr gim dn c iu chnh th s nh hng nh th no ti dng thu nhp

s la chn d n.

i 19Cng ty Nam Phng ang tin hnh xem xt mt d n u t c thi gian hot ng 6 nm. Tng s vn u t ban

00 tr, trong u t vo TSC 1.200 tr, vo TSL l 100 tr. D kin gi tr thanh l ti sn sau 6 nm l 120 tr. Gi trvo TSL s c thu hi vo cui nm th 6. D kin doanh thu bn hng mi nm l 1.400 tr, tng chi ph l 980 tr tronph khu hao l 200 tr. Thu sut thu thu nhp doanh nghip 28%. Chnh ph khng nh thu i vi gi tr thanh l TSC

u cu:1.Xc nh lung thu nhp ca d n.

2.Nu chi ph s dng vn ca cng ty l 18% nn th d n c c chp thun khng?i 20

Cng ty May 10 ang c d nh thay th mt my may cng nghip c. My c ny c gi tr cn li theo s k ton lv khu hao theo phng php ng thng, chi ph khu hao mi nm l 192 tr. Gi th trng ca my c thi im hi

800 tr v em li li nhun kinh doanh trc thu d kin mi nm l 416 tr trong thi gian 5 nm. Gi tr thanh l ca mysau 5 nm d kin l 200 tr. Hin ti my may cng nghip mi c gi th trng l 1.500 tr v d kin mi nm c th eo cng ty khon li nhun kinh doanh trc thu l 560 tr trong thi gian 7 nm. Cng ty d kin tnh khu hao my ming php s d gim dn c iu chnh. Gi tr thanh l ca my may mi sau 7 nm d kin l 500 tr.

Hy tnh ton t vn cho cng ty c nn thay th my c bng my mi khng? Cho bit thu sut thu thu nhp dhip l 28%, Chnh ph khng nh thu thu nhp i vi gi tr thanh l ti sn. Chi ph s dng vn bnh qun ca cng %.

i 21Mt cng ty ha cht d nh thay th mt thit b c. Thit b c ny c nguyn gi l 1.280 tr, tng thi gian s dn

n l 5 nm, s dng 2 nm, c gi th trng thi im hin ti l 480 tr v em li li nhun kinh doanh trc thu di nm l 190 tr trong thi gian 3 nm cn li. Gi tr thanh l ca thit b c sau 3 nm d kin l 96 tr.

Hin ti thit b mi c gi th trng l 1.280 tr (gm c chi ph vn chuyn, lp t) v d kin mi nm c th eo cng ty khon li nhun kinh doanh trc thu l 336 tr trong thi gian 5 nm. Gi tr thanh l ca thit b mi sau 5 nn l 540 tr.

Hy tnh ton t vn cho cng ty c nn thay th thit b c bng thit b mi khng? Cho bit thu sut thu thu anh nghip l 28%, Chnh ph khng nh thu thu nhp i vi gi tr thanh l ti sn. Chi ph s dng vn bnh qun ca c10%. Cng ty tnh khu hao ti sn theo phng php t l gim dn.

i 22Cng ty sn xut giy ABC ang xem xt d n mua v lp t mt bng chuyn vn chuyn nguyn liu trong nh my

a bng chuyn 1.280 tr, chi ph chuyn ch, lp t v cc chi ph khc l 320 tr. Tui th ca bng chuyn l 5 nm. Hota bng chuyn khng lm tng doanh thu nhng n c th tit kim chi ph sn xut ca cng ty l 480 tr mi nm. Gi tr tca bng chuyn sau 5 nm d kin bng 0. Cng ty tnh khu hao ti sn theo phng php s d gim dn c iu chnh. t thu thu nhp doanh nghip l 28%.u cu:

1.Xc nh dng thu nhp thun v NPV ca d n.2.Nu tnh khu hao theo phng php ng thng th NPV s thay i nh th no?

i 23Cng ty xy dng Vinaconex ang xem xt mt d n u t my xc t ng. Nguyn gi my xc l 1.000 tr, thi

t ng d kin l 5 nm. u t my xc ny ngoi vn ch s hu 200 tr, cng ty phi vay ngn hng 800 tr, thi hm, li sut 10% nm, vn tr u trong 5 nm mi nm 160 tr, li tr hng nm vo cui nm. Thu nhp trc khu hao, lthu do my to ra mi nm d kin l 300 tr. Hy s dng phng php NPV tnh gip cng ty xem c th u t my

ng hnh thc ti tr ny khng? Cho bit thu sut thu thu nhp doanh nghip l 28%, cng ty khu hao theo phng php ng, t l chit khu l 13% nm.

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i 24Sau y l cc thng tin ti chnh ca cng ty Hoa Nam trong cc nm t nm X+1 n nm X+4.

n vCh tiu S liu ca cc nm

X+1 X+2 X+3 X+4Ti snDoanh thu thunLi nhun thunN

9101560130

0

10001610(100)

0

10801860

2000

13002130

2100

u cu:

1.Xc nh cc ch tiu ROA, ROE v doanh thu thun / ti sn mi nm vi gi thit ton b ti sn c ti tr bng s hu?2.Nu h s n ca cng ty l 25% th ROA, ROE mi nm thay i nh th no?