PERBANDINGAN PENDANAAN ANTARA LEASING DAN HUTANG JANGKA PANJANG DALAM PENGADAAN ASSET TETAP PERUSAHAAN (Studi Kasus Pada PT. Blue Bird Group Tbk Periode 2016)

Abstract

ABSTRACT
This study was conducted with the aim of knowing the alternative of funding
comparison between Leasing or long term debt in financing of company fixed
assets. Comparative financing provides information on efficient funding
alternatives for PT. Blue Bird Group Tbk in its fixed asset financing. The type of
research used in this research is descriptive research with case study approach.
The company plans to purchase fixed assets in the form of vehicles of 1500 units
of taxis to improve good service to customers. The procurement of fixed assets is
conducted through external funding, in the form of lease or long-term debt. Based
on research that has been done by comparing the present value of outflow cash
flow, it is known that long-term debt funding source is more profitable than
leasing funding source. This can be seen from the present value of long-term cash
outflow of smaller debt amounting to Rp.256,260,521,898. While on leasing
funding source has present value of cash outflow of Rp.250,538,260,532. The
difference between the funding is the amount of funds that can be saving by the
company that is, amounting to Rp.5,722,261,366.
Keywords: Leasing, Long-Term Debt, Fixed Assets