问题 单项选择题

已知某拟建项目财务净现金流量如表11-2所示,则该项目的静态投资回收期是(1)年。进行该项目财务评价时,如果动态投资回收期Pt小于计算期n,则有财务净现值(2)。空白(1)处应选择()

A.5.4

B.5.6

C.7.4

D.7.6

答案

参考答案:A

解析:

在本题中,投资是2200万元,累计到第7年的时候为2000万元(200+300+500+500+500=2000),此时尚未收回投资。累计到第8年的时候为2500万元(已超过投资额),因此收回投资的时间应该在7~8年之间,具体计算是7+200/500=7.4。

运用投资回收期判断投资项目是否可行的准则是:只有当项目的投资回收期小于项目的寿命期,投资项目才是可以接受的。题目中"动态投资回收期Pt小于计算期n",项目是可行的,因此可选择的只有B、C两个选项。又由于"FNPV<0,项目可行"是错误的,因此正确答案为B。

阅读理解

C

SPECIAL EVENTS

THIS WEEKEND

Captain Goodfellow

Do your children enjoy interesting stories, funny games, and exciting dances? Captain Goodfellow will be ready to teach all these things to children of all ages at the City Theatre on Saturday morning at 10:00, free.

Walking Tour of the Town

Forget your worries on Saturday morning. Take a beautiful walk and learn about local history. Meet at the front entrance of City Hall at 9:30. Wear comfortable shoes!

Films at the Museum

Two European films will be shown on Saturday afternoon at the Museum Theatre. See Broken Window at 1:30. The Workers will be at 3:45. For further information, call 4987898.

International Picnic

Are you tired of eating the same food every day? Come to Central Park on Saturday and enjoy food from all over the world. Delicious and not expensive. Noon to 5:00 p.m.

Take Me out to the Ballgame

It’s October, and tonight is your last chance to see the Redbirds this year. Get your tickets at the gate. It might be cold… Don’t forget sweaters and jackets.

Do you want to hear “The Zoo”?

“The Zoo, a popular group from Australia, will give their first U.S. concert tomorrow night at 8 at Rose Hall, City College.

64. You can probably eat Chinese, Italian, and Arab food ________.

A. at the front entrance of City Hall      B. at the Ballgame

C. at 5:00 p.m.                      D. at Central Park on Saturday

65. “The Zoo” is ________.

A. a park with lots of animals there        B. U.S. concert

C. a music group                      D. going to give the concert at 8 a.m. tomorrow

66. You may see this passage in ________.

A. a British newspaper        B. an American newspaper

C. a British magazine         D. an American magazine

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