With the establishment and improvement of the socialist market economy, especially the continual deepening in investment and financing system reform,project's feasibility study is more and more important.Financial feasibility study includes the forecasting of project's financial benefits and cost,the preparation of financial statements,calculation of evaluation indexes,the analysis of profitability and solvency to determine the project's financial viability under the current system of accounting,tax regulations and the market price system.For the project of 700,000 tons/year oil production,all the payback period,ROI,investment profit rate,net present value and internal rate of return indexes are analyzed,and the results are compared with industry standards to obtain a conclusion that the project is feasible in finance. |