Saturday, December 28, 2019
Questions Evaluating Financial And Project Management - Free Essay Example
Sample details Pages: 5 Words: 1571 Downloads: 1 Date added: 2017/06/26 Category Marketing Essay Type Narrative essay Did you like this example? Investment appraisal should add value to the business organization. Do you agree? Critically analyze the main discounted cash flow techniques available to management. I totally agree with the fact that investment appraisal will add value to the business organization. Donââ¬â¢t waste time! Our writers will create an original "Questions Evaluating Financial And Project Management" essay for you Create order Though a trade assessment is an examination into the rule of prospects by means of admiration to trade value plus during the Appraisers knowledge, teaching, plus truthfulness, the Appraiser is talented to plan the behavior of purchasers in addition to vendors in the souk into an inference of cost. In attainment a finish, judgment of commerce frequently engrosses alterations owing to the independence as well as exclusivity of each trade. (Ahuja, H. N., and Walsh, M. A.. 1983) A trade assessment be definite, and cannot be established. The view of worth can, though, be substantiated plus the concluding estimation is the consequence of a methodical proficient psychoanalysis of a great quantity of information. An assessment has not been measured total. However, must be used as a preliminary position of recognized worth by study of the property plus financial that might be worn as a foundation of discussions flanked by troubled parties, no matter what their interests are. (Ahuja, H. N., and Walsh, M. A.. 1983) The evaluation course as pursued in the grounding the story is a methodical process for inward at an estimation of worth. With subsequent this method, the judge starts on by means of an introduction revise of the issues plus defines the foundation as of which the view of worth being to be prepared. On one occasion the facts have been composed, a methodical loom is taken to analyze the facts plus selecting suitable assessment approaches. Discounted Cash flow Techniques: An appraisal technique used to guess the prettiness of a venture chance. Inexpensive cash flow study uses a prospect gratis cash flow outcrops as well as reduces them, mainly frequently using the biased standard price of assets to get there at a near worth, which is worn to appraise the latent intended for speculation. Proviso the worth inwards at during cash flow study are superior to the present charge of the speculation; the chance may be a superior one. To be spirited, petite t rade proprietors have to arrange intended for all prospect proceedings as well as souk transforms. Solitary of the mainly vital aspects of such training is cash flow preparation. Disappointment to correctly map cash flow is alone of the foremost reasons intended for petite trade stoppages. (Ashley, D. B., and Teicholz, P. M. 1977) Knowledge has exposed that a lot of small trade proprietors lack a considerate of essential secretarial values. Meaningful the fundamentals will help one improved to supervise ones money flow. There is in addition person teaching directs as of which one can get hold of an additional methodical fact of bookkeeping. The working cycle is the method during which cash flows, as of the procurement of a register from side to side with the compilation of a financial records receivable. It actions the surge of possessions into cash If ones working cycle as of the acquires of materials all the way through the compilation of receivables totals almost a half yea r equaling days, this is the sum of instance which one have to back. (Ashley, D. B., and Teicholz, P. M. 1977) There are many approached that can be occupied in order to make better profit margins and interest rates as this the fact which an investor will wait for as all he or she needs is a good return on the investment that he or she has made. Successful techniques will enable the owner to make more profits with fewer hassles or hurdles. There may be some barriers face and the losses may be of the server and extreme extent if the book keeping is not done properly and there are signed of unprofessional ism. Plans and future outcomes are very important studies to be carried out in advance so that whatever is the practical outcome of the decisions that were made the management is mentally prepared for it and can deal with it accordingly. These days the organizations and their management teams are very smart and efficient and whatever actions they perform today are based to the stu dy from the past and the plan is put in place in advance as a pro active approach. This enables them to keep an eye on the future changing trends and act accordingly helping them to survive successfully in the dynamic market. And in the same course enable the investor to invest money to gain more profits and better return on the investment that he or she has made. (Ashley, D. B., and Teicholz, P. M. 1977) All the projects have got different weaknesses and strengths, which can be seen and found out from the profits and losses, their interest rates and the return that one gets after investment. Its not difficult for some to be spent or invest his money just like that without a proper study of the business trends. As this will ensure him/her the return and growth of what ever he or she has invested in the past. They have to make sure that the steps they are taking in order to make investments must be accurate and risk free in order to get positive return and interest rate that are a ppreciated by any business man. AP Ltd. is trying to evaluate 4 new projects. Assume all the 4 projects have a useful life of 10 years. The projects are mutually exclusive and some of their details are as follows: Project Annual Net Cash flow Initial Investment Cost of Capital IRR NPV 1 à £100,000 à £449,400 14% 20% à £62,305 2 à £70,000 à £249,400 14% 20% à £78,588 3 à £40,000 à £200,000 13% 14% à £35,624 4 50,000 à £300,000 12% 16 à £39,000 Explanations: Calculation carried out in the above table is explained as follows: In the project one where the annual net cash flow given is à £100000 and the initial investment is à £449400 working it out as the cost of capital of 14% the figure that was calculated was carried in the following manner to find out the NPV and IRR. ANCF = Annual Net Cash flow II = Initial Investment COC = Cost of Capital IRR = Internal Rate of Return NPV = Net Present Value Calculation = ANCF/II*COC*IRR= NPV All the projects were calculated in the same manner in order to complete the missing fields and carry out the figure that will explain the over all cash flow and net profits. Which project would you choose? Explain the reasons for your choice. According to the calculation which has been carried by me, I will go for the project two as it has gotten better rates of net profits the cash flow is also very good. In the modern world where all the businesses are facing identical thr eats and one of them is the major threat of recession. Keeping that in mind I will like any other person go for the project two. Keeping in mind the better rates and the idea of constant growth will obviously drag anyones attention towards the project. With subsequent this method, the judge starts on by means of an introduction revise of the issues plus defines the foundation as of which the view of worth being to be prepared. On one occasion the facts have been composed, a methodical loom is taken to analyze the facts plus selecting suitable assessment approaches. Excellent appraisal techniques are a must and play a vital role in the success and failure of business depending on the situation of whether they have been carried out properly or not. The success of businesses totally relies on the nature of planning and the advance towards the prospect along with the measures taken in order to avoid the possible risks and threats that might be faced by the investor. In the contempora ry markets where its not only difficult to survive but also very much difficult to survive and compete with other competitors. If the cash flow is good and the company is performing an operation smoothly devoid of any hazards it will be more on the safe side and will be able to invest more and be on the profit side with more and more options available rather than just sticking to the initial scale of profits it will grow to limit fewer profit levels. Conclusion: Businesses whether small or big are struggling to create an impression in the market and survive with confidence by making high profits and not only fighting the competitors and staying on top of them but also to deal the threats and hazards created by recessions and credit crunch. The management have to be on their toes in order to make sure that all their strategies are up to the required standards and smart enough to save the business from losses both internal and external. Budgeting is done in order to get an estimate of what will be the over all cost of any future investment or upcoming project that might be carried out by the organization. The statement that All organisations use capital budgeting techniques when making decisions critical discussion may be right to some extent but in my opinion may fail to obtain the agreement from everybody about its truthfulness. Is this is not a reasonable approach keeping in mind the current situation and the flaws that are found in the contemporary markets. Budgeting though a good and important approach but not necessarily obtained by all the organization when they plan or make decision intended from growth, expansion and or further investments. (Windborg, J., Landstrom, H., 2001)
Friday, December 20, 2019
Do Professional Athletes Make Too Much Money - 998 Words
Do professional athletes make too much money? Neumann University Daniel Kilpatrick Every year players salaries reach new highs. Athletes are treated as celebrities in American society and idolized by young athletes. The kids who see what their favorite player is doing through the media also are being influenced by them. The example that professional athletes set is very important because they looked up to. The example that many athletes set is unfortunately a negative one. Most people think that athletes make too much money but there are those that believe they are paid fairly. The enormous amount of money that professional athletes receive is having a negative effect on kids today. Athletes shouldâ⬠¦show more contentâ⬠¦The Sports Journal shows research that 1 in every 100 pre-adolescent children are currently taking steroids(Brainmac.co). Professional athletes need to make less money because their wealth and popularity have made athletes think they can do whatever they want. An NFL player by the name of Ray Lewis was charged with murder. He was able to hire some of the best lawyers money can buy and the Baltimore Ravens linebacker avoided murder charges and jail time by pleading guilty to a misdemeanor and testifying against two co-defendants(CNNSI.com).He pled guilty and only avoided murder charges because he testified against his coconspirators. There seems to be a double standard when it comes to athletes. Their money allows them to get away with things that normal citizens would not. The message this is sending to kids is that if they make enough money than they can do anything they want. It is clear that athletes should not make as much as they do. They are supposed to set a positive example for kids but they continue to reinforce negative actions in kids. Spots should not be like this. A player should not get aw ay with murder because he can buy the best lawyers and players should not be able to refuse to play because they receive a pay cut. The money players make will continue to corrupt Professional athletes and in turn they will corrupt kids until they make less money and are given less power. References Pete Prisco. (2011, March 03). Lockout primer: PlayersShow MoreRelatedEssay on SPORT1516 Words à |à 7 Pages Professional Athletes Salaries: Are they paid too much? What should athletes deserve to be paid? Many players have risen to stardom by becoming a professional athlete. Athletes have come from many different backgrounds; some from wealthy and some from poverty raised backgrounds. Salaries are continuing to rise, and money doesnââ¬â¢t seem to be an issue. Athletes are getting what they want from the owners by negotiating through their agents. Athletesââ¬â¢ salaries arenââ¬â¢t just from their owners, but theyRead MoreProfessional Athletes842 Words à |à 4 PagesAthletes are paid too much Do athletes make too much money? Most people today think so because the amount of money they make for entertaining the public. Kobe Bryant makes more than a yearly teacher salary by making a single basket. Doctors and surgeons make life saving decisions every day and make significantly less than a rookie in a professional sport. An average professional athlete makes two million six hundred thousand dollars more than the president of the United States who makes criticalRead MoreBeing Paid Too Much?1250 Words à |à 5 PagesAJ Medinger Amber Leichner FP3: Persuasive Essay 11/28/14 Being paid too much? Wouldnââ¬â¢t it be great to make nearly $100 million a year simply to play a game? LeBron James, along with many other professional athletes, sure thinks so. Do these athletes really deserve all that money though? In my mind, I think absolutely not, but then I think maybe they do. Professional athletes are making too much money in a society where salaries and wages are based on the value of their work. In todayââ¬â¢s societyRead MoreProfessional Athletes Salaries874 Words à |à 3 Pagessalary of professional athletes is a widely debated topic across the United States in this current period of time. Many people are undecided on the matter; are the wages that professional athletes are paid reasonable, or ridiculous? Though it is commonly argued that these athletes donââ¬â¢t deserve the impressive salaries they receive, when all the facts have been stated, it is only logical to say that they do. Before anything else is brought into question, consider the hardship these athletes are puttingRead MoreProfessional Athletes Salaries1023 Words à |à 5 PagesSport Athletesââ¬â¢ Salaries Are professional athletes overpaid? This topic has been argued for some time now. It is said that pro athletes are paid way too much money for playing a sport. On the other side, there are the ones that say that the money is fairly deserved because of their hard work to get to where they are. Should pro athletes salaries drop or stay as is? Do the top athletes deserve their pay? Athletes deserve the money they receive because of their hard work, dedicationRead MoreAre Athletes Overpaid?1122 Words à |à 5 Pagesin the 1900ââ¬â¢s athletes were paid like regular working citizens. Most athletes had to work over the summer to keep their mortgages paid. In present day, professional athletes are dished out astronomical salaries in exchange for their play. Many of these athletes have the opportunity to be set for life within the first years of their contracts. Eighteen and nineteen year olds are given multi-million dollar contracts. While these athletes are getting paid these ridiculous amounts of money, we have millionsRead MoreShould College Athletes Be Paid?968 Words à |à 4 Pagesathletics is whether or not to pay student athletes for playing the sports that they do. Student athletes are given scholarships to cover most, or even potentially all, of their tuition and expenses in college, so it is not necessary to pay college athletes additional mo ney. College athletes are not playing professional sports. They are students first, athletes second. College athletes should not be paid. Instead they should be compensated. Student athletes receive a large compensation in the formRead MoreShould Athletes Be Responsible For The Rising Salaries Of Athletes1025 Words à |à 5 PagesAthletes Overpayment Wouldnââ¬â¢t life be amazing if one could make 21 million dollars a year? Alex Rodriguez, along with other professional athletes who make more than him are living that ââ¬Å"amazingâ⬠life. In the 2015 season Alex Rodriguez who, served as the Yankees Designated Hitter who only had to bat three or four times a game made 21 million dollars. Major League Baseball may be responsible for the rising salaries of athletes. If all 30 teamsââ¬â¢ salaries were combined, the total price tag of everyRead MoreCollege Athletes Should Be Paid For Their Participation1056 Words à |à 5 Pageswhether college athletes should get paid for their participation in a sport. I believe that college athlete should get paid. College athletes are taken advantage of in college athletics and deserve to be paid for their time, hard work, and dedication in a sport. College athletics are growing very fast and they are beginning to bring in more money. The highest revenue by a college right now is $196,0 30,398 by the University of Oregon. College athletes are not seeing any of this money they are earningRead More Elite Athletes are Being Paid too Much Essay966 Words à |à 4 PagesAre elite athletes/sports men or women being paid too much if not how are there high salaries justified, if so, why, and how could there money be put to better use? To most people one million dollars a lot of money, to most people one thousand dollars is a lot, but even though it is hard to believe, to some people these figures mean nothing. It is no secret that professional athletes particularly those who play soccer, golf, and race F1 cars make big bucks, but people do not realize to what extent
Thursday, December 12, 2019
Analysing the Comparing Financial Statements of two competing Business
Question: Different roles of the financial and management accounting: How does the income statement affect the Balance Sheet? How does the income statement affect the Balance Sheet? How the regulatory environment of accounting impacts on business, commerce and society: Answer: How does the income statement affect the Balance Sheet? The bottom line of the income and the basic purpose of the income statement is the derivation of the net income. The income statement starts with the listing of the revenues and then listing with the matching expenses with the same. The matching concept requires the balancing of the income sand the revenues as against each other. If the revenues of the company exceeds the expenses, then the company earned a profit but if the company has more expenses than the revenues, it has suffered a loss. The amount that is derived is added to the amount of the retained earnings in the section of the stockholders equity and is then reported on the balance sheet. The financial statements is the summary of what has happened during the year. The components of the same are the income statements, retained earnings, balance sheet and the statement of cash flows. Each of the statement summarizes a different aspect of the organization. The income statement shows the income and the expenses that have been earned during the year. The balance sheet shows the position of the assets of the organization and the cash flow statement shows the position of cash during the year. (Small Business - Chron.com, 2015) (Wall Street Prep, 2015) How the regulatory environment of accounting impacts on business, commerce and society: It is the regulatory that has forced the business to disclose each and every aspect of it to the public. The companies are being asked to publish all the details with regard to the environment and the cost along with the financial accounts under the new set of the rules that are being discussed with the organizations that sets up the accounting standards. The business are duty bound to account for the impacts of the local quality of water, plants and the animals. The companies are causing a vast amount of damage to the living beings on the planet and the environment and they are bound by duty to disclose the amount of the damage that they are causing. Along with that they have to report the initiatives that they are undertaking in order to preserve the environment. The people think about the primary industries such as the agriculture forests, fisheries etc. (Jowit, 2010) The regulations have required the businesses to disclose everything to the public since after the scandals like Enron, Lehman Brothers, and the confidence of the public has been somewhat lost and in order to gain it back, it is really important to introduce the regulatory environment. (Baruch.cuny.edu, 2015) Financial statements of the coffee companies: Both the companies serve food and beverages. The following are the calculated ratios on the basis of which the investment decision shall be made: Particulars Caf Palomino Dew Drops Coffee and Bistro Liquidity ratios: Current assets 167000 195,408 Current liabilities 81,650 169,408 Current ratio 2.04531537 1.153475633 Current assets-inventory 142000 143,798 Current liabilities 81,650 169,408 Quick ratio 1.739130435 0.848826502 Profitability ratios: Net income 116,200 105,420 Total assets 1,301,450 1,291,158 Return on assets 8.93% 8.16% Net income 116,200 105,420 Shareholders equity 569,800 561,150 Return on equity 20.39% 18.79% Caf Palomino has a higher current ratio that the company will be in a position to better cater to the short term needs of the company whereas Dew Drops Coffee and Bistro does not enjoy a very good current ratio. Caf Palomino has a higher quick ratio that the company will be in a position to better cater to the short term needs of the company whereas Dew Drops Coffee and Bistro does not enjoy a very good quick ratio. Caf Palomino has a higher return on assets which shows that the company is able to utilize the assets in the most efficient way whereas Dew Drops Coffee and Bistro is not utilizing its assets in the most efficient way. Caf Palomino has a higher return on equity which shows that the company is able to utilize the money of the shareholders in the most efficient way whereas Dew Drops Coffee and Bistro is not utilizing the money of its shareholders in the most efficient way. Therefore, in the nutshell, it would be correct to say that from the point of view of an investor, the investment in Caf Palomino would be better. From the point of an investor, the investment is able to multiply and give some return on his investment would be better and from that point, the investment in Caf Palomino would prove to the most profitable. References: Accountingtools.com, (2015). What is the difference between financial and managerialaccounting? - Questions Answers - Accounting Tools. [Online] Available at: https://www.accountingtools.com/questions-and-answers/what-is-the-difference-between-financial-and-managerial-acco.html [Accessed 22 Mar. 2015]. Baruch.cuny.edu, (2015). Changes in the Regulatory Environment and their Effects on Audits and Auditors - The Saxe Lectures in Accounting. [Online] Available at: https://www.baruch.cuny.edu/library/alumni/online_exhibits/digital/saxe/saxe_2008/wood_05_09_11.htm [Accessed 22 Mar. 2015]. Joint, J. (2010). Accounting rules could force businesses to disclose environmental impact. [Online] the Guardian. Available at: https://www.theguardian.com/environment/2010/jul/13/accounting-business-environmental-impact [Accessed 22 Mar. 2015]. Small Business - Chron.com, (2015). How Items on the Income Statement Affect the Balance Sheet. [Online] Available at: https://smallbusiness.chron.com/items-income-statement-affect-balance-sheet-56643.html [Accessed 22 Mar. 2015]. Small Business - Chron.com, (2015). The Differences between Financial Accounting Management Accounting. [Online] Available at: https://smallbusiness.chron.com/differences-between-financial-accounting-management-accounting-3985.html [Accessed 22 Mar. 2015]. Wall Street Prep, (2015). "How are the financial statements linked together?" | Wall Street Prep. [Online] Available at: https://www.wallstreetprep.com/how-are-the-financial-statements-linked-together/ [Accessed 22 Mar. 2015].
Wednesday, December 4, 2019
Coloring Book by Chance the Rapper free essay sample
ââ¬Å"Iââ¬â¢ve got my city doing front flipsâ⬠. That is how Chance the Rapper starts one of his many great songs in his album ââ¬Å"Coloring Bookâ⬠. In this album he raps about how he has positively impacted his home city of Chicago. He recently donated 2 million dollars to Chicago public schools. He raps about how he is cleaning up the streets. In this essay, I will be reviewing his songs from Coloring Book. These songs are Angels, Blessings, and No problem. *Starting with my favorite song in this album Angels. This song has a great melody and has an upbeat tone. He raps about he is giving back to his city and cleaning up the streets by donating to public schools. Which i really like because i have things like feed my starving children and other volunteer things that a teen ager can do. Some rap songs are meaningless without a story but this is not one of those. We will write a custom essay sample on Coloring Book by Chance the Rapper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ââ¬Å"I angles yea I got Anglesâ⬠. This line is one of my favorite because hes talking about how he is protected by the city and what they do for him he gives back. Thats why he donated 2 million dollars. *Blessings is my second favorite song from this album. This song is not as upbeat and speed as Angels is. Its a lot slower but i think it has a better message. He raps about how growing up he was given blessings. He started on the streets but he still made his way to the top.I would recommend this song to someone who needs a little motivation to get back up. He also raps about how his ex girlfriend got pregnant and how she became his everything.What i have learned from this song is even if I start as a nobody who is on the streets I can make my way up with hard work. *The third song I will be reviewing is No Problem. This is a song that I would listen to before a game. It has an up beat tempo and the melody is very enticing . This song doesnt have much of a point to it. Its basically meant for playing during warmups. Its also a very good song to jam out to while im doing homework. In conclusion i love this album. I hope other people can appreciate it. There are many more songs in the album; i just reviewed my favorite. Those were Blessings, Angels, and No problem. They have great melodies and are not pointless rap songs. They have many different occasions when they would be goodto listen to. I highly recommend this album.
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