Justification on Return of Capital Expenditure Between Constructing Oceanarium and Twenty Six Investment Alternatives From 2021 to 2026
Keywords:
Capital Expenditure, Engineering Economy, Return on InvestmentAbstract
Abstract—Investing is an activity that aims to enlarge investors’ capital through any available financial instruments. At its core, investors wish to seek profit through capital gain. For corporations, investing capital into a project requires thorough analysis. This study compares the initiative of PT Jaya Real Property to build a marine aquarium named Oceanarium with 26 distinct investment alternatives. Prices of commodities, indexes, stock emitents are taken at the same date each year, starting from 2021 to 2026. The finding suggest that moderate to low risk of financial instruments managed to overcome cashflow of Oceanarium. However, a significant percentage of high risk investment instruments yield lower return compared to the cashflow of Oceanarium. Gold and Berkshire Hathaway yield the highest return on investment. In conclusion, Oceanarium provides a safe and staple investment alternative for PT Jaya Real Property.
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