Capital Budgeting Analysis to Assess Feasibility of Investing in Rental Car L-Trans in Surabaya
Keywords:
Capital Budgeting, Internal Rate of Return (IRR), Net Present Value (NPV), Payback Period (PP), Profitability Index (PI)Abstract
This study aims to assess the feasibility of investment in CV L-TRANS in Surabaya using budgedting capital. In this research, using qualitative methods and the type of research is quantitative descriptive, population in this study is the L-trans car rental in Surabaya.teknik analysis in this study using the calculation of capital budgeting and data collection techniques used in this Penetian is interviewing techniques. The results of this study in terms of NPV value as feasible, in terms of IRR as feasible, in terms of PP to be eligible, and in terms of PI also declared eligible. So of all the calculations have been done on the CV. L-TRANS all declared eligible investment made.
References
Adi, A., Baridwan, Z., & Mardiati, E. (2018). Profitability, liquidity, leverage and corporate governance impact on financial statement fraud and financial distress as intervening variable. Ekonomika, 5(200), 66–74. https://doi.org/10.17721/1728-2667.2018/200-9/9
Aju, I. R., Akseptori, R., & Ashifah, P. O. (2018). ANALISA KELAYAKAN INVESTASI RENCANA PENAMBAHAN FASILITAS DOCKING LAUNCHING WAY. Journal Technology and Implementation Bussines, 1(2), 98–102.
Cohen, B., & Kietzmann, J. (2014). Ride On! Mobility Business Models for the Sharing Economy. Organization & Environment, 27(3), 279–296. https://doi.org/10.1177/1086026614546199
Daulay, N. K., Rambe, N., Pohan, S. S., Rambe, F. F., Thaiyibah, A., & Mardiana. (2024). PENDIDIKAN SEBAGAI INVESTASI. Pendas : Jurnal Ilmiah Pendidikan Dasar, 9(4), 322–333.
Gierczak-Korzeniowska, B. (2020). Tourist and business models in the mobility of customers using car rental services. Geography and Tourism, 2(8), 29–39. https://czasopisma.ukw.edu.pl/index.php/gat/article/view/141
Hadi, Y. L., & Fahmi, I. (2009). Teori portofolio dan analisis investasi. Alfabeta.
Hanafi, M. M. (2016). Analysis of IPO Underpricing Fluctuation: Empirical Study in Indonesia Stock Exchange. Jurnal Dinamika Manajemen, 7(2).
Harjito, A., & Martono. (2012). Manajemen Keuangan (2nd ed.). Ekonisia.
Hartono, J. (2022). Portofolio dan Analisis Investasi Pendekatan Modul (2nd ed.). Andi Offset.
Hidayah, I., & Ningsih, L. R. (2015). Implementation of Capital Budgeting for MSME in Fixed Assets Investment Decisions Through Andragogy Approachment. Persatuan Pelajar Indonesia, 2(5), 219–227.
Hidayat, R. (2010). Keputusan investasi dan financial constraints: studi empiris pada bursa efek Indonesia. Ekonomi Moneter Dan Perbankan, 12(4), 457–479.
Kashmir, & Jafar. (2012). Studi Kelayakan Bisnis. Prenada Media.
Kerlinger, F. (1973). Foundation of Behavioral Research. Holt, Rinehart and Winston.
Litman, T. (2003). Measuring Transportation: Traffic, Mobility and Accessibility. TE Journal (Institute of Transportation Engineers), 73(10), 28–32.
Martalena, M. M., & Malinda, M. (2011). Pengantar pasar modal. Andi.
Maulana, W., & Putri, D. L. P. (2019). ANALISIS KELAYAKAN INVESTASI SEBAGAI RENCANA PENGGANTIAN MESIN DENGAN TEKNIK CAPITAL BUDGETING (Studi Pada Perusahaan Tegel Beton dan Sanitair Warna Agung Pamekasan). Jurnal Ilmu Manajemen METHONOMIX, 2(1), 7–18.
Moleong, L. J. (2001). Metodologi Penelitian Kualitatif. Remaja Rosdakarya.
Mrongo, L. O., Iravo, M. A., & Nyagechi, A. K. (2016). Capital Budgeting Strategy and Performance of Projects in Kenya Rural Roads Authority. International Journal of Academic Research in Business and Social Sciences, 6(9), 2222–6990. https://doi.org/10.6007/IJARBSS/v6-i9/2321
Mubaraq, M. R., Anshori, M., & Trihatmoko, H. (2021). THE INFLUENCE OF FINANCIAL KNOWLEDGE AND RISK TOLERANCE ON INVESTMENT DECISION MAKING. Jurnal Ekonomi Bisnis Dan Kewirausahaan, 10(2), 140. https://doi.org/10.26418/jebik.v10i2.47089
Mulyadi. (2012). Auditing (Enam). Salemba Empat.
Mulyadi, E., & Dumairy. (2001). Pengaruh pertumbuhan tenaga kerja sektor industri terhadap permintaan perumahan sederhana dan sangat sederhana di Kabupaten Bekasi. Universitas Gadjah Mada.
Munawir, Z. (2010). Aspek Hukum Sewa Guna Usaha (Leasing) Dan Anjak Piutang (Factoring). Universitas Medan Area. https://repositori.uma.ac.id/handle/123456789/13073
Mushaho, K. N., Mbabazize, M., & Shukla, J. (2015). THE EFFECT OF CAPITAL BUDGETING INVESTMENT DECISION ON ORGANIZATIONAL PERFORMANCE IN RWANDA. A CASESTUDY OF BAHRESA GRAIN MILLING RWANDA LTD. International Journal of Small Business and Entrepreneurship Research, 3(5), 100–131.
Ningsih, H. T. K., & Diba, S. F. (2018). ANALISIS CAPITAL BUDGETING DALAM MENINGKATKAN KEPUTUSAN INVESTASI PADA PT. SAMUDERA INDONESIA. JRAM: Jurnal Riset Akuntansi Multiparadigma, 5(1). https://doi.org/https://doi.org/10.30743/akutansi.v5i1.488
Oktaviani, R. F. (2024). Unpacking The Resistance of Tradional Market to Digital Payment: A Qualitative Approach. Riset: Jurnal Aplikasi Ekonomi Akuntansi Dan Bisnis, 6(2), 070 – 086. https://doi.org/10.37641/riset.v6i2.2119
Prawoto, R. D., Fadah, I., & Sumani. (2019). INVESTMENT SIMULATION OF REPLACING PRODUCTION MACHINERY AT A RICE FACTORY SUKORENO MAKMUR. International Journal of Research Science & Management, 6(7), 45–50. https://doi.org/10.5281/zenodo.3342941
Putra, M. F., Usman, R., & Rusmiland, R. (2017). Analisis Kelayakan Investasi Pembelian Mesin Filter Press untuk Pengurangan Limbah Sludge. STRING (Satuan Tulisan Riset Dan Inovasi Teknologi), 2(2), 142. https://doi.org/10.30998/string.v2i2.2100
Riyanto, A. G., & Muharam, H. (2011). ANALISIS PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE DAN PRIVATISASI TERHADAP KINERJA KEUANGAN (Studi pada BUMN yang Tercatat Di Bursa Efek Indonesia periode privatisasi 2002-2006). Universitas Diponegoro.
Rudianto. (2012). Introduction to Accounting. Erlangga.
Setiadi, D., & Surianti. (2018). PERANAN METODA DISCONTED PAYBACK DAN NET PRESENT VALUE DALAM KEPUTUSAN INVESTASI MESIN PADA CV. X. Syntax Literate : Jurnal Ilmiah Indonesia, 3(12).
Sjahrial, R., Priharta, A., Parewangi, A. M. A., & Hermiyetti, H. (2017). Modeling Financial Distress: The Case of Indonesian Banking Industry. EcoMod Conference Proceedings 2014. https://ssrn.com/abstract=3053731
Srivastava, D. A. K. (2024). Questionnaire & Interview In Research: Tool & Technique. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.4788847
Sudana, I. M., & Arlindania, P. A. (2011). CORPORATE GOVERNANCE DAN PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY PADA PERUSAHAAN GO-PUBLIC DI BURSA EFEK INDONESIA. Jurnal Managemen Teori Dan Terapan, 4(1), 37–49.
Sugiyono. (2017). Metodelogi Penelitian Kuantitatif dan Kualitatif Dan R&D. Alfabeta.
Sugiyono. (2019). Metodelogi Penelitian Kuantitatif dan Kualitatif Dan R&D. Alfabeta.
Syamsudin, T. S., & Aktaviyani, S. (2009). Penerapan pemupukan pada pertanian padi organik dengan metode System of Rice Intensification (SRI) di Desa Sukakarsa Kabupaten Tasikmalaya. Agroland, 16(1), 1–8.
Tandelilin, E. (2010). Analisis Investasi dan Manajemen Portofolio. Kanisius.
