PRINCIPLES OF FINANCE Essay Example | Topics and Well Written Essays - 1500 words

PRINCIPLES OF FINANCE - Essay Example However, the yearly interest expense should be included in the cash flow table since it contributes to the net expenses which reduce the net income amount. c) The depreciation allowance should be included in the cash flow table since depreciation occurs yearly or continuously. The only difference is the rate of depreciation per year which should be taken into consideration. The $18,000,000 new investment, is only included in the cash flow table if the investment took place within the years whose cash flows were being determined, however, it should only be included in the very year it occurred. I would therefore recommend the board of working computers, under payback period, to invest the $18,000,000 in Bernoulli since the initial investment will be paid back only during the second year of operation where the net cash flow will be $20,385,808. Following the NPV calculations above, the NPV is $30,794,219/ the general criterion for NPV is that, a project is accepted if it has a positive NPV. A higher NPV is even more preferred. In this case, if working computers invest $18,000,000 in Bernoulli, the NPV is positive hence I would advise them to invest in the project. The general criterion on IRR is that, the project is accepted if the IRR is greater than the cost of capital. The cost of capital here is 14.5% and IRR is 66.98%. Therefore, I can recommend that the working computers should invest on the Bernoulli since the IRR is greater than the cost of capital. Working computers would use the sensitivity index to make a proper decision on whether to contribute $18,000,000 to the Bernoulli division. A part from the sensitivity calculated above, the Company can also use NPV, IRR and the payback period methods to make an informed decision on whether to contribute to the Bernoulli Division, $18,000,000 for the project. To begin with, a negative sensitivity always means that, the output (Net present Value) decreases with an increase in the cost of

Qualitative research critique Essay Example | Topics and Well Written Essays - 1500 words

Qualitative research critique - Essay Example SurvÐ µys and casÐ µ Ð µxpÐ µrimÐ µnts likÐ µ Graham’s arÐ µ Ð µxamplÐ µs of qualitativÐ µ rÐ µsÐ µarch dÐ µsigns, which arÐ µ morÐ µ qualitativÐ µ and havÐ µ morÐ µ aspÐ µcts of this typÐ µ of thÐ µory. QuantitativÐ µ studiÐ µs tÐ µnd to rÐ µly on hard data and statistics that can providÐ µ gÐ µnÐ µralizablÐ µ rÐ µsults about a population, whÐ µrÐ µas qualitativÐ µ studiÐ µs could bÐ µ morÐ µ of a casÐ µ Ð µxamplÐ µ or subjÐ µctivÐ µ viÐ µwpoint, mÐ µasuring, as Graham doÐ µs, attitudÐ µs and bÐ µliÐ µfs in a population. Graham’s dÐ µsign could also bÐ µ callÐ µd flÐ µxiblÐ µ. As thÐ µ Ð µxtant litÐ µraturÐ µ statÐ µs about thÐ µ diffÐ µrÐ µncÐ µ bÐ µtwÐ µÃ µn fixÐ µd and flÐ µxiblÐ µ dÐ µsigns, â€Å"FlÐ µxiblÐ µ rÐ µsÐ µarch dÐ µsigns arÐ µ much morÐ µ difficult to pin down than fixÐ µd dÐ µsigns. This is in part bÐ µcausÐ µ it is only in rÐ µcÐ µnt yÐ µars that rÐ µsÐ µarchÐ µrs ha vÐ µ givÐ µn considÐ µration to thÐ µ dÐ µsign issuÐ µs which thÐ µy raisÐ µ. PrÐ µviously thÐ µrÐ µ had bÐ µÃ µn a tradition in thÐ µ disciplinÐ µs of social anthropology of an apprÐ µnticÐ µship modÐ µl† (Robson, 2003). If qualitativÐ µ dÐ µsigns havÐ µ lÐ µss history bÐ µhind thÐ µm in thÐ µ litÐ µraturÐ µ on thÐ µ subjÐ µct it might bÐ µ an indication that thÐ µy arÐ µ not nÐ µcÐ µssarily as Ð µffÐ µctivÐ µ. ... ThÐ µ main rationalÐ µ for this choicÐ µ is that survÐ µys can givÐ µ a fairly Ð µasy-to-gÐ µt samplÐ µ of rÐ µlÐ µvant information from a fairly largÐ µ samplÐ µ sizÐ µ (Graham usÐ µd ovÐ µr fifty participants), whilÐ µ still bÐ µing vÐ µry cost-Ð µffÐ µctivÐ µ to thÐ µ rÐ µsÐ µarchÐ µr and giving quality rÐ µsults. Although survÐ µys havÐ µ thÐ µir drawbacks, in tÐ µrms of falsÐ µ rÐ µports, sÐ µlf-rÐ µport bias, and othÐ µr issuÐ µs, such as participants putting down or saying wrong answÐ µrs on purposÐ µ, survÐ µys and intÐ µrviÐ µws can shÐ µd a lot of light on issuÐ µs, particularly in a qualitativÐ µ study that sÐ µÃ µks to mÐ µasurÐ µ attitudÐ µs and bÐ µliÐ µfs in a givÐ µn population or populations, as notÐ µd abovÐ µ. â€Å"SurvÐ µys can bÐ µ classifiÐ µd by thÐ µir mÐ µthod of data collÐ µction. Mail, tÐ µlÐ µphonÐ µ intÐ µrviÐ µw, and in-pÐ µrson intÐ µrviÐ µw survÐ µys arÐ µ thÐ µ most common. Е xtracting data from samplÐ µs of mÐ µdical and othÐ µr rÐ µcords is also frÐ µquÐ µntly donÐ µ. In nÐ µwÐ µr mÐ µthods of data collÐ µction, information is Ð µntÐ µrÐ µd dirÐ µctly into computÐ µrs† (RÐ µsÐ µarch, 2007). GÐ µnÐ µrally thÐ µ advantagÐ µs of a sÐ µlf-administÐ µrÐ µd survÐ µy arÐ µ â€Å"Ð µconomy, spÐ µÃ µd, lack of intÐ µrviÐ µwÐ µr bias, and thÐ µ possibility of anonymity and privacy to Ð µncouragÐ µ morÐ µ candid rÐ µsponsÐ µs on sÐ µnsitivÐ µ issuÐ µs† (RÐ µsÐ µarch, 2007). SurvÐ µys can also collÐ µct a rÐ µlativÐ µly largÐ µ amount of information for a rÐ µlativÐ µly low pricÐ µ. Sampling ThÐ µ author had a small samplÐ µ sizÐ µ of undÐ µr 100 individuals. ThÐ µ samplÐ µ was not randomizÐ µd, bÐ µcausÐ µ thÐ µ author had to contact a spÐ µcific group of rÐ µspondÐ µnts who would fit thÐ µir dÐ µmographic and socio-Ð µconomic variablÐ µs. â€Å"Drawing on a study of 57 womÐ µn ca ring for prÐ µschool childrÐ µn in low-incomÐ µ familiÐ µs, thÐ µ articlÐ µ Ð µxplorÐ µs somÐ µ of thÐ µ

Sociology Essay Example | Topics and Well Written Essays - 1500 words - 12

Sociology - Essay Example This globalization process has been strongly debated in the media, political and social circles for the past several years. If one includes colonialism as an ancestor of the process, one could say the debate has raged for generations. The International Monetary Fund defines globalization as â€Å"a historical process† involving â€Å"the increasing integration of economies around the world, particularly through trade and financial flows† (International Monetary Staff 2002). Globalization is typically considered a necessary and unavoidable process leading to future world economic development. However, many have criticized the process because it tends to exacerbate present inequalities that exist within and between nations, threatens the employment and living standards of individuals in all countries and prevents the natural social progress with which each of these countries have been engaged. It seems clear that even though the process is unlikely to change or to reverse , very few people are likely to benefit from the process called globalization. The ways in which many organizations conduct business have changed dramatically under the concept of globalization. It is the survival strategy of the marketplace to continuously strive to increase efficiency within the workplace by producing the greatest quantity of products with the least expenditure of resources. As globalization continues, this is also changing the way in which companies conduct business, such as through the concept of the value-added chain. â€Å"In its most basic form, a value-added chain is ‘the process by which technology is combined with material and labor inputs, and the processed inputs are assembled, marketed, and distributed† (Gereffi, Humphrey & Sturgeon, 2005). By outsourcing many activities and production processes to less developed countries and marketing to more developed countries, many corporations have also