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Efb210

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EFB210: FINANCE 1, 2014 S1 Capital Budgeting Report and Analysis ___________________________________________________________________________________
General Information
Marks: 25
Weight: 25%
Format: Report and Analysis
Due: 8 May 2014
Submission: Submit report with CRA matrix to Assignment Minder. Note that you need to attach the Assignment Minder ‘assignment cover sheet’ to the front of the document wallet.
Submit Excel analysis file by either: * (Preferred) uploading your file to the Finance 1 Assignment portal in Blackboard, or * Submit USB or CD containing the Excel file with your report to Assignment Minder. If using this method, you must ensure that the USB or CD is securely attached inside the document wallet.
When saving the Excel file, please ensure that: * the file name includes your name and student number. * the file is a .xls or .xlsx file (mac files, such as .numbers are not accepted).
__________________________________________________________________________________

Outline
Hay Taxis operates a fleet of 10 taxis in the wider Brisbane metropolitan area. As with most taxi operators over the last 40-years, the company’s taxi fleet almost exclusively consists of Ford Falcons because of their lower purchase price, larger size, lower maintenance costs and efficiency (operate on liquefied petroleum gas - LPG). However, with Ford Australia recently announcing that it will cease selling Falcons in 2016 and a desire of Hay Taxis’ owner to convert to a ‘greener’ taxi fleet, the company has confirmed that it will start replacing decommissioned Falcons with Toyota Camry Hybrids. Despite the definitive decision to move to the Camry Hybrids, Hay Taxis is yet to decide on the optimal replacement frequency for the new vehicles.
Task
Provide a detailed financial analysis of the problem at hand and prepare a detailed and concise

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