Analisis Kelayakan Investasi Dalam Pengadaan Aktiva Tetap (Studi Pada Pabrik Gula Pagotan Madiun)

The objective of this study is observing the feasibility of investment plan in PG. Pagotan Madiun. The investment plan related to replace the fixed assets which are improperly used. This research used to eaxamine the feasibility of fixed assets repplacement. This research used descriptive and quantitative analysis toward primary and secondary data taken from the company. The data was collected through interviews toward employer and documentation method. Aplying capital budgeting analysis, this study that the number of ARR is 27,769%. Payback Period is 4,3 months. The result of NPV is positive, that is Rp 122.623.854.239. The IRR which is found is 45,11%. The number of B/C Ratio is 54,66 and higher than 1. As the conclusion, the researcher hopes the company may use that investment planning. The researcher also suggests the company to intensify the collaboration with surrounding cane farmer to fulfill sugar cane raw materials so the company may increase sugar production and automatically may earn more sells result