Monday, December 30, 2019

Assignment Net Present Value and Capital - 2389 Words

[pic] AMITY SCHOOL OF DISTANCE LEARNING Post Box No. 503, Sector-44 Noida – 201303 FINANCIAL MANAGEMENT Assignment A Marks 10 Answer all questions. 1. a. Should the titles of controller and treasurer be adopted under Indian context? Would you like to modify their functions in view of the company practice in India? Justify your opinion? b. A firm purchases a machinery for Rs. 8,00,000 by making a down payment of Rs.1,50,000 and remainder in equal instalments of Rs. 1,50,000 for six years. What is the rate of interest to the firm? 2. a.Explain the mechanism of calculating the present value of cash flows..What is annuity due? How can you calculate the present and future values of an annuity due?†¦show more content†¦One-fourth of sales are on cash basis. Cash balance expected to be Rs. 12,000. You are required to prepare a statement showing the working capital needed o finance a level of activity of 70,000 units of output. You may assume that production is carried on evenly throughout the year and wages and overheads accrue similarly. 2. a. Through quantitative analysis prove that PI is a better technique than NPV in Capital Budgeting. b..A company is considering the following investment projects: | |Cash Flows (Rs.) | |Projects | | | |Co |C1 |C2 |C3 | | | |Show MoreRelatedCapital Budgeting Process Should Be Utilized1432 Words   |  6 Pagesby some type of investment(s), in the form of acquisition, and or merger. In the world of business, capital budgeting is one of the most important steps that a company or organization can take. This process is called Capital budgeting. Capital budgeting is a process that attempts to determine the future. Before any large project begins, the capital budgeting process should be utilized. Without capital budgeting, your company could make a fatal mistake. A company or organization that is looking to investRead MoreCapital Budgeting Process Should Be Utilized1489 Words   |  6 Pagesby some type of investment(s), in the form of acquisition, and or merger. In the world of business, capital budgeting is one of the most important steps that a company or organization can take. This process is called Capital budgeting. Capital budgeting is a process that attempts to determine the future. Before any large project begins, the capital budgeting process should be utilized. Without capital budgeting, your company could make a fatal mistake. A company or organization that is looking to investRead MoreCaladonia Products Integrative Problem1382 Words   |  6 Pagesthe assistants understanding of the capital budgeting process (Keown, Martin, Perry, Scott, 2005). Financial Assistants Assignment The financial assistant received the important assignment by memorandum from the CEO. The memorandum stated that the company is considering the introduction of a new product (Keown, Martin, Perry, Scott, 2005). Caradonia is currently at a 34% marginal tax bracket with a 15% required rate of return or cost of capital (Keown, Martin, Perry, Scott, 2005)Read MorePresent Value1398 Words   |  6 Pagesï » ¿ Net present Value, Mergers and acquisitions Abstract Main objective of undertaking this to report was learn about NPV present value (NPV) method to make capital budgeting decision(Google NEW Project) and success factors involved in mergers and acquisitions(Google-Groupon Case). Answers to the Assignments Part I: Google should go ahead with the new project. Part-II: Google’s acquisition of Groupon would have been win -win situation for both corporations Now I will discuss bothRead MoreCaledonia Products Integrative Problem1529 Words   |  7 Pagesgiven the assignment that involves both the calculation of the cash flows associated with a new investment and the evaluation of several mutually exclusive projects. The company is currently in the 34% tax bracket with a 15% discount rate because this project is considered a fad project it will only last five years then it will be terminated. This paper will focus on free cash flows, projection of cash flows during years 1-5, projects initial outlay, cash flow diagram, net present value, internalRead MoreNPV AND IRR1057 Words   |  5 Pagesï » ¿ASSIGNMENT TOPIC: â€Å"THE ADVANTAGES AND DISADVANTAGES OF USINFG NPV (NET PRESENT VALUE) AND IRR (INTERNAL RATE OF RETURN)† NPV (NET PRESENT VALUE) The difference between the present value of cash inflows and the present value of cash outflows. NPV is used in capital budgeting to analyze the profitability of an investment or project. NPV analysis is sensitive to the reliability of future cash inflows that an investment or project will yield. NPV compares the value of a dollar today to the valueRead MoreBudgeting And Investment Appraisal : Questions1432 Words   |  6 Pages, Workshop Assignment 3 Budgeting and Investment appraisal Student submitting their individual work ID # Other Team members if a group process was used. ID # Lecturer’s name: Paul Brewster Qualification: BBA – Top Up Unit number, title and code Accounting 2 Unit level QCF Assignment number : 3 Assignment title: Assignment 3: Budgeting and investment Appraisal Hand out date: 13/ 07/ 2015 Date for feedback Immediate /by... Presentation Summative Date for submission:Read MoreFin/370 Caledonia Products Essay examples786 Words   |  4 Pagesworking for the capital budget department at Caledonia Products. The organization has asked Team B to evaluate the potential risk involved in an upcoming transaction and identify several options in how to proceed. Because this is the team’s first assignments dealing with risk analyzes the team has been ask to further explain the details. The organization analysis will focus on free cash flows, projection of cash flows, projects initial outlay, cash flow diagram, net present value, internal rate ofRead MoreBu 3121305 Words   |  6 PagesAssignment 1: Bus 312 You must provide complete answers that describe and demonstrate how you arrived at your solution. Numeric solutions alone are unacceptable. In addition, copying and pasting suggested solutions is not sufficient effort to earn a mark for this or any other assignment. Hand in a â€Å"hard copy† of your assignment to the marker box. No e-mail submissions. No late assignments, no exceptions. 1. (From Final Exam Summer 2009) ABC Company Ltd., is considering a possible businessRead MoreSyllabus: Corporate Finance and Business Journal/newspaper Article1123 Words   |  5 Pagesare responsible for making significant investment and financing decisions. The course is designed to develop critical corporate finance skills including: financial statement analysis, time value of money, valuation of stocks and bonds, net present value, risk adjusted return, opportunity cost of capital, capital budgeting and planning, company valuation and Mamp;A. At the end of this course students will understand how to apply these concepts to financing decisions that will impact the valuation

Sunday, December 22, 2019

Essay on Journalistic Standards in the Matt Drudge Era

Journalistic Standards in the Matt Drudge Era Introduction Public trust is at the heart of journalism. Such trust is built upon the credibility journalistic efforts. In the past, though mistakes have been made by even the most reputable of news providers, credibility was maintained and public trust in the journalist industry was steady. However, with the Internet taking its first infant steps into the reporting world, concern is being vocalized that public trust in journalism will be damaged by mavericks, such as Matt Drudge, who, without any foundation in reporting seek to tell the entire world every little secret he can dig up. And he’s been wrong. This paper will examine the debate surrounding online journalism, including†¦show more content†¦For example, National Press Club president Doug Harbrecht, before the entire press club assembly in 1998, stated, â€Å"Matt, know this†¦there are many in this hallowed room who do not consider you a journalist.† Harbrecht also likened Drudge to a channel catfish, stating, â€Å"He mucks through the hoaxes, conspiracies and half-truths posted online in pursuit of fodder for his website.† â€Å"National media monitors such as Howard Kurtz and Judy Mann denounce Drudge as a ‘Cyberspace vacuum cleaner.’ Michael Kinsley, editor of Microsoft’s online magazine Slate, said Drudge has ‘certainly been a public relations problem for the Internet.’ Steven Brill called Drudge a ‘bust.’† (Miller) Baltimore Sun Washington correspondent Jules Witcover has referred to him as the â€Å"abomination† of the Internet. â€Å"I don’t consider him a journalist or a reporter,† said Witcover. â€Å"He’s a gossipmonger who offers no sources. He’s more like a magpie.† These opinions of Drudge seem to be widely held within the traditional journalist community. Drudge, 34, is a â€Å"self-styled cyberspace patriot who thrives on news scoops via ‘Drudge Report’, has found fame at a fast and furious pace.† (Webster) Drudge, who has no formal education in the practice of journalism, admits that he was a D-student in high school and never went to college. He worked in a 7-Eleven in the Washington

Saturday, December 14, 2019

Dreaming in Cuban Free Essays

Ricky Randazzo Dr. Littler English 190 8 June 2012 Section 1 2. Compare what Cuba means for Pilar in the beginning of Dreaming in Cuban with what it comes to represent by the novels end. We will write a custom essay sample on Dreaming in Cuban or any similar topic only for you Order Now Things that come to be expected can often be taken for granted. People who grow up in the United States come to expect certain freedoms because they have never been without those freedoms. Pilar in Dreaming in Cuban by Christina Garcia is no different. She was born in Cuba and was brought to United States when she was two years old. In the beginning of the novel Pilar dreams of being in Cuba, but by the end of the novel Pilar knows she belongs in NY. One night Pilar see’s her father with another women, she runs away to Miami to catch a flight to be in her beloved Cuba. Little does Pilar know her feelings about Cuba are about to change. Growing up in NYC Pilar doesn’t feel like she’s American or Cuban. This could be the reason for Pillar’s controversial painting of the statue of liberty. Pilar is an artist, specializing in more abstract paintings. Pilar feels that art is the best way to express oneself and capture the idea of rebellion, and revolution. She feels like her mother Lourdes took her from Cuba against her will when she was to young to realize. Pilar has not been back to Cuba or seen her grandmother since. Pilar wants nothing more but to go back to Cuba. In the beginning of the novel Cuba represents something that was taken from her, something she wants back, something she wants to be apart of, something that she feels like she lost. She feels like her mother Lourdes is restraining her from returning to her beloved Cuba. This is possibly the reason why Pilar feels more connected with her grandma Celia in the beginning of the novel than her mother Lourdes. Celia loves Cuba the way Pilar thinks she loves Cuba. Pilar and Lourdes eventually return to Cuba for a week to see the family, reuniting them with Celia. When Pilar is finally in Cuba she realizes that it is not what she fantasized it to be. Pilar starts to realize all of the poverty in Cuba. She states, â€Å" look at those old American cars held together by rubber bands, don’t you know you could have new Cadillac’s with leather seats and power windows† (Garcia 221). Pilar is still naive at this point in the novel. She doesn’t understand the poverty in Cuba. Pilar also realizes that her and her grandmother Celia aren’t all that similar. She was searching for a mother like relationship with Celia because she thought they connected better than her and Lourdes did; however Pilar realizes that they are way different. They are so different it’s almost as if they speak different languages. Pilar realizes the toll Cuba had on her grandmother, she is old and run down both physically and mentally. Pilar realizes that Cuba did this to her grandmother. Perhaps what solidifies Pilar knowing she belongs in NY is the scene where she gets hit in the face with the rock when trying to find Invanito. Blood is running down her face. She states that art couldn’t possibly capture what she was feeling at this moment. (Garcia)This is a way different Pilar then the beginning of the book. Where she believed that art captured this type of moment the best. Meaning that some things in life you just have to experience for yourself before you can have an accurate opinion. Pilar states that she belongs in NY by the end of the novel after being sure in the beginning of the novel that she belonged in Cuba. Pilar realized all the freedoms the United States gave her that Cuba couldn’t. Pilar realizes she couldn’t paint pictures she paints in the United States in Cuba. Pilar also realizes how serious the poverty and the fighting is in Cuba. Pilar realizes the toll Cuba had on her grandmother. Pilar like her mother Lourdes realizes how great of a place the United States could be. In the beginning of the novel Pilar took the freedoms that the United States gave her for granted, however only when she went to Cuba and had those freedoms taken away does she realize how great they really are. Section 2 1) Using a short story we have read and discussed during week 4, discuss how a parent/child relationship can enable but also inhibit an adolescent’s intellectual, emotional, and or spiritual growth. As a child you learn how to function in society by watching and learning from the people around you. The people that are around most as a child are your parents and siblings. A Parent/child relationship can enable but also inhibit an adolescent’s intellectual and emotional growth. In the short story â€Å"Bad Girls† by Joyce Oates, Marietta Murchison has three girls Icy, Orchid, and Crystal and their parent/child relationship does just that. Marietta is a single mom and her three daughters are in their teenage years. There are no instances in the text that suggest bad parenting from Marietta. She loves her daughters and puts them as her number one priory over everything else. She even puts them over her relationship with Drum. Momma made her decision, like throwing a bolt to a lock door forever, she believed icy. She would never waiver in believing in Icy. Saying, â€Å"Nobody hurts my girls and gets away with it†Ã¢â‚¬  (Oates 424). Of course having a mother who loved them and put them first before anyone else enabled them intellectually and emotionally. This allowed them to go to school and to have a home with love. However with rai sing children everything isn’t black and white, children learn things not only through experiences they go through but also the experiences their mother goes through. During the course of the story Marietta dates some guys, and it is implied that she has been dating guys for a while. The girl’s father left when they were very young so they already developed a negative connotation towards men. Their mom moves from one meaningless relationship to the next, their entire lives. This forces them to never trust any guy. They are confused and biased towards men. Orchard states, â€Å"Can a man have such feelings, like a women? Can a man be hurt? Is that possible? † (Oates). Orchards and the rest of the girls have a take on men that is severely skewed. The reason it is skewed is due to their mother’s relationships and experiences. Marietta Murchison was a great mom. She loved her girls very much and did everything in her power to protect them. This enabled her girls in a positive way to grow intellectually and emotionally. However her mom inadvertently inhibits their intellectual and emotional growth through her experiences and relationships. Her experiences and relationships force her girls to unintentionally distrust and misunderstand men. The Parent/child relationship between Marietta and her daughters enabled but also inhibited the adolescent’s intellectual and emotional growth. How to cite Dreaming in Cuban, Papers

Thursday, December 5, 2019

Infortran Business Solutions

Question: You have been appointed as the Human Resource (HR) Manager of a service-related business(i.e. companies that primarily earn revenue through providing intangible products and services) looking to open its subsidiary in Singapore. Your top management has asked you to prepare a report recommending job design, recruitment and selection strategies that can be adopted by the company to fulfill its staffing needs in view of its impending launch in Singapore. The company wants to create an engaging and motivating work environment that will attract talented staff to a host of sales and service related jobs that will be made available once it opens its outlet in Singapore. Job Design for 2 positions Recruitment Strategy for Singapore Selection Strategy Implementation Conclusion Answer: Introduction: InforTranis a business solution company in India which aims at creating an encouraging and collaborative atmosphere for aspiring Small and Medium Enterprises in India. It also helps in the transformation, collaboration and inspires the Indian Enterprises that maximizes the contributing factor to the IT industry. The company also makes the ERP consulting very affordable to all the Small and Medium businesses in India. The philosophy of Infortan is to make profits but with the delight of all the customers and their satisfaction is the ultimate goal of the company. Hence the Infortan team has many extensive years to implement these ERP projects successfully and experiences more than 10 different products of ERP and then they combine this experience to obtain the best quality objectives to align the ERP projects (Ian Grant (2010). The company also implements delivering the methods of the industrys practices and are put together after analyzing the project. The motto of Infortran is that they are a change which helps business that creates a future. Hence the new and multi-dimensional research that is obtained in each of the engagement helps the company to improve the business efficiency. Infortran has developed a plan to open a new head office in Singapore as there is a demanding market for business solutions meant for companies. This would lead to opening the company at an international level and can act as initial start for the companys global future. In the later paragraphs the strategic plans which emphasize the job designs and selection strategies are discussed. Job Designs for two positions: The job design should be implemented for two major departments of a business solution company where it focuses on the marketing department and the other in the technical department. Technical department: in this department it can be seen that there is an involvement of all the software engineers and their associate engineers who are appointed to handle all the technical applications of the company and they help in dealing with all the technical aspects of the software field and educate the customers regarding the software technicalities of the company. Technical professionals help in improving the operating systems of a company and also give a lift in the infrastructure. They relate to the internal processes, mechanisms and procedures regularly and provide a good maintenance fulfill all the business requirements (Laurie F. Wurster (2013). A technical analyst also upgrades software in the field of the client and also provides guidance to application functions and assures that software options meet the requests of the customer. They also make decisions; solve problems and helps in operating data to ensure safety standards. There are certain abilities and features that a technician must follow for the companys well- being. A technical analyst must have good vision and programming with a lot of effective communication skills. To perform the tasks successfully, a technical analyst often uses mainframe computers, configuration management software and the platform of development software. Marketing department: The marketing assistants help in supporting the marketing managers and executives on projects that are maximizing the profits of the company and also help in developing the sales strategies and the marketing campaigns. The marketing assistants are responsible for putting together and distributing financial and information of the statistics of the company such as budget of the company and also analyze many questionnaires, writing reports, company brochures and various other documents. These marketing assistants also organize and present the customers visits. They also engage in many promotional activities that help to organize the market research. They work unitedly with employees in other functions, such as advertising, market research, production, sales and distribution. In order to be eligible for the position of a marketing manager, graduates with any degree discipline can become assistants in marketing. Hence the degree subjects such as marketing, business or statistics can be of great help. Few jobs which are particularly in the industrial marketing may require a technical background as well. The key skills for marketing assistants involve a lot of creativity and confidence and also a sense of commercial awareness and confidence. There should be a good team working skills and communication skills in order to help in the good functioning of the company. Recruitment Strategy for Singapore: Singapore has a diverse society that is also multicultural in nature and therefore has a few specific skill sets that are rare and highly in-demand. Managers opening a new subsidiary are often not concerned by the key dimensions of local Human Resources. Hence it is the responsibility of an employer to attract highly skilled-people and have the knowledge of how to retain them. Managers must adapt new recruitment techniques and practices to suit the conditions of hiring in Singapore. Any recruitment projects that have the flow and also evolve more have confronted with the realities of the available local talent. It can move towards a more higher profile that can split into two roles to cover all necessary competencies. Hiring Managers must be creative and adaptable. They have to be prepared to accept candidates from less related career lines. Selection Strategy: The process of selection strategy for the technical department involves a written exam which has multiple choices and subjective questions related to all technical knowledge in relation to the business software used by Infortran or other companies. Then there should be a second round for interview so the capability, talent, knowledge and the versatile nature of the candidates can be assessed. Next is the Human Resource or the HR round where it helps in designing the compability test as well as the competency of the candidate. For the marketing department there should be one round of presentation where the skills of presenting the marketing strategies can be examined, and then there should be a round of GD or group discussions here the panel aims at examining the topic well and are able to present the point of view in a more logical manner. It also helps to understand the way others feel about the subject and are able to conduct oneself gracefully in a group situation. Next there is a panel interview where a panel of higher officials interviews the candidate. And finally there is the HR round which helps in the selection process. Implementation: Implementation and managing people in a company is technique that requires continuous planning and development. This process is related to the gaining of organizational goals and objectives with the company. However, all the professional organizations face the same challenge to manage time, objectives, and resources in order to accomplish their tasks and implement ideas for the well being of the company. The process of implementation of a business solution company involves few functions that include planning or outlining the policies and objectives that are important for the accomplishment and techniques of the company (Tapati Bandopadhyay (2013). Then they need to organize and establish the structures and systems so that the various activities are arranged and defined so that they can be coordinated in terms of the specified objectives of the company. Then the emphasis is on the staffing of the company that includes selecting and training o the staff is required and also helps in ma intaining favourable working conditions. The process of staff selection evaluates the candidates through application forms and interviews by choosing the best candidate for the specified areas of job responsibility. Then is the main criterion of budgeting of the company. This management function includes planning, accounting and revenue. Budgeting requires a thorough understanding of objectives and future programmes. An organization where rthe budget system is used on the bases of historical data that includes the year with variations, then the based data where the budget is created and justified on a basis according to programmes and priorities. Later the aims of the management are funded and the evaluation technique where each programme is reviewed and assessed according to its contribution to specific goals. However, the main features of any budget system consist of determining what are the necessary items terms of objectives, what policies determine the financial amounts for eac h area that determine the overhead, surplus, profit and the revenues collected from fees, gifts, contracts, etc., and draft a budget with specific amounts and justifications and finally discussing and making adjustments to produce a working budget. Conclusion: In conclusion it can be said that the new information technologies in business are to all the new strategies that are capable of deriving business objectives, policy, culture and also the resources of knowledge (Tim Sheedy (2009). By experiencing the effective management of knowledge the organization can build up suitable business solutions strategies and also to control and evaluate the platforms of technologies and provide the exchange process. Therefore management is a combination of all the resources that include the human, technology and information resources. Therefore management does not exist in specific organizational position or management level and this can be found in the overall strategy, organization objectives and in the business operations. Therefore implementing an entity responsible for the use of Information Management solutions that is evolved by a multitasking team, with defined roles and responsibilities are in charge of concentrating and attending the requests that support and standardize the business solutions and methods to promote the effective and creative use of the management techniques in a business solution company. References David Norton (March 22, 2010). "Case Study: O2 Uses Offshore Software Factory to Drive SOA Initiative". Gartner RAS Core Research. Retrieved April 9, 2011Ian Grant (March 4, 2010). "02 regains IT control with SOA". ComputerWeekly.com. Retrieved April 9, 2011.Laurie F. Wurster (June 9, 2013). "Open-Source Software Adoption Becoming Mainstream in India". Gartner Research. Tim Sheedy (May 8, 2009). "The Forrester Wave: EMEA SOA Systems Integrators, Q2 2009". Forrester Research. RetrievedApril 9, 2011.Tapati Bandopadhyay (June 12, 2013). "Top 10 IT Service Management Next Practice". Gartner Research.Laurie F. Wurster (June 9, 2013). "Open-Source Software Adoption Becoming Mainstream in India". Gartner Research."India Office Locations (section "Mumbai")". Tata Consultancy Services. Retrieved 10 December 2012."Fulcrum setting up new centre in Pune". The Hindu Business Line. 21 December 2012. Retrieved 21 December2012.