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Anggaran Modal Investasi Untuk Penggantian Aktiva Tetap pada PT Surya Utama Jaya Abadi di Kota Kupang

Year: 2025

Type: article

Abstract: This study aims to analyze the investment feasibility of replacing fixed assets at PT. Surya Utama Jaya Abadi using a capital budgeting approach. The research object focuses on the procurement of one unit of CAT 320GC excavator. The analysis methods applied are Payback Period (PP), Net Present Value (NPV), and Internal Rate of Return (IRR). The results show that the investment project is financially feasible, with a payback period of 5.5 years (shorter than the company’s 10-year maximum), a positive NPV of IDR 359,823,193.90, and an IRR of 14.6%, exceeding the company’s minimum required rate of return of 10%. These findings highlight the importance of structured capital budgeting practices to support the sustainability and growth of heavy equipment service companies.

Source: Jurnal Publikasi Sistem Informasi dan Manajemen Bisnis

DOI: 10.55606/jupsim.v4i1.4429

Authors: Alya Dewi Anazuhri, Lustry Rahayu, Emilia Gie, Junita Cestillia Nenabu

Institution: University of Nusa Cendana

Language: English

Topic: Capital Investment and Risk Analysis

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: hybrid

OpenAlex ID: W4411440909

FWCI:

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