Hi, guys. Long time lurker, first time poster.
In the Capital Budgeting reading, under section 8.2 (Economic and Accounting Income), page 57 through page 58: On the condensed financial statement table, can someone please explain how the “Debt Repayment” numbers under the “Financing Cash Flows” section were calculated?
I understand the interest expense calculations on the debt. For example, in the first year, the interest payment is $109,746 * 0.0833 = $9,146. However, I am unable to decipher the principal amount paid in the first year. Once I know how this amount is calculated, I can get to the “Debt Repayment” number under the “Financing Cash Flows” section.
Thanks for any help.作者: luda002 时间: 2013-4-28 07:46
learn the amortization function of your BAII plus作者: meghanjackson 时间: 2013-4-28 07:46
dvictr wrote:
learn the amortization function of your BAII plus
I did, and the numbers don’t seem to work out. Hence, the question . Sorry for not mentioning that in my original post. Maybe I’m missing something obvious, but someone else verifying the inputs wouldn’t be bad.作者: Kapie 时间: 2013-4-28 07:46
^ sorry didn’t mean to sound condescending.. i’m not looking at that reading right now, but i’ll be interested to see what some replies here are.作者: Siddimaula 时间: 2013-4-28 07:46
Retried the numbers (even using the begin mode), but no luck. Anyone looking at the material, please chime in!作者: sabre 时间: 2013-4-28 07:47
. Sorry for not mentioning that in my original post. Maybe I’m missing something obvious, but someone else verifying the inputs wouldn’t be bad.