In February 2021, the owner of Anwal Gas Traders, a liquefied petroleum gas distribution company based in Sakesar, Khushab District, in the province of Punjab, Pakistan, was considering whether to invest in expansion. It would be the first significant expansion for the company since its founding in 1998. Based on data provided by a consultancy firm performing capital budgeting techniques, the company would integrate backward to take advantage of perceived market potential. The owner needed to determine whether this investment was worth making and how various scenarios would affect his decision.
安瓦尔天然气贸易公司：扩建项目的资本预算编制 Anwal Gas Traders: Capital Budgeting for Expansion Project (Simplified Chinese version)
Imran Yousaf, Zhichuan (Frank) Li, Aaqib Nawaz
Product #:W28029
Supplier:Ivey
Discipline:Accounting, Finance
Setting:India, Pakistan, 2021
Industries:
Your Price:$10.54
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Learning Objectives
- 了解资本预算和决策的基本概念。
- 衡量和应用资本预算技术，例如净现值、内部收益率和获利指数。
- 根据不同的情景进行敏感性分析。
- 确定不断变化的内部和外部因素如何影响资本预算和决策
- 在 Microsoft Excel 中建立资本预算模型并编制综合报告。
- 编制预测损益表、预测资产负债表和预测现金流量表。
This case can be used in undergraduate- and graduate-level courses in financial management, financial modelling, financial accounting, and corporate finance, and as an introduction to business finance. After working through the case and assignment questions, students will be able to do the following:
- Understand the basic concepts of capital budgeting and decision-making.
- Measure and apply capital budgeting techniques such as net present value, internal rate of return, and profitability index.
- Perform a sensitivity analysis based on different scenarios.
- Determine how changing internal and external factors affect capital budgeting and decision-making.
- Build a capital budgeting model in Microsoft Excel and develop an integrated report.
- Prepare forecasted profit and loss statements, forecasted balance sheets, and forecasted cash flow statements.