Equivalent annual cost From Wikipedia‚ the free encyclopedia In finance the equivalent annual cost (EAC) is the cost per year of owning and operating an asset over its entire lifespan. EAC is often used as a decision making tool in capital budgeting when comparing investment projects of unequal lifespans. For example if project A has an expected lifetime of 7 years‚ and project B has an expected lifetime of 11 years it would be improper to simply compare the net present values (NPVs) of the
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ECO2013 “The Great Recession 2007-2009” Since 2007‚ the US economy has encountered hostile financial conditions. From the rate of unemployment which peaked at 10.1 percent in 2009 (Center for Economic and Policy Research‚ 2010)‚ to the housing crisis‚ slow economic growth‚ devalued US dollar‚ collapse of the financial industry and loss of confidence by investors‚ two administrations and the Federal Reserve reacted with various monetary policies. This paper will seek to outline the major events
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Towards the end of the Second World War‚ in July 1944‚ representatives of the United States‚ Great Britain‚ France‚ Russia‚ and 40 other countries met at Bretton Woods‚ a resort in New Hampshire‚ to lay the foundation for the post-war international financial order. Such a new system‚ they hoped‚ would prevent another worldwide economic cataclysm like the Great Depression that had destabilized Europe and the United States in the 1930s and had contributed to the rise of Fascism and the war. Therefore
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On behalf of all Bangladeshi people‚ I would like to invite you to join us at a typical wedding ceremony of Bangladesh. No‚ it’s not my wedding; I’ve already done that once. In our culture‚ marriage is such a pompous celebration that most people spend quite a fortune and have to think twice to go through the experience. In the next few minutes you’ll find out why?! It starts with the semi-formal event which is the engagement ceremony. It is semi-formal because instead of boy asking the girl “Will
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Acknowledgement In preparing a report‚ one needs a lot of assistance and guidance from reliable sources. This report also stands on basis of such efforts. This is a pleasure express my gratitude to the course instructor for giving us the opportunity from which we have achieved a lot of practical experience. At the very outset‚ I would like to express my deep respect to my honorable instructor‚ K.M. Zahidul IslamLecturer of Economics‚ Business school‚ Independent University‚ Bangladesh‚ for giving his valuable
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THE SMALL AND MEDIUM ENTERPRISES (SME) IN BANGLADESH: AN OVERVIEW OF THE CURRENT STATUS DR. MOMTAZ UDDIN AHMED VICE CHANCELLOR STATE UNIVERSITY OF BANGLADESH 1.0 The Case for the SMEs The SMEs1 worldwide are recognized as engines of economic growth. The commonly perceived merits often emphasized for their promotion especially in the developing countries like Bangladesh include their relatively high labour intensity‚ dependence on indigenous skills and technology‚ contributions
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Abstract This paper focuses on the growth of Bangladesh stock market over time. The market trends in terms of market capitalization‚ market liquidity‚ market concentration‚ number of listings‚ volatility in the market index and foreign portfolio investment were considered. The study finds that key indicators are significantly correlated. Stock market growth index is constructed considering market capitalization ratio; turn over ratio‚ value traded to GDP ratio and volatility in market index. The
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independents and specialists are also key outlets. In terms of Bangladesh some renowned brand company starts to dominate accounting for over increasing percent of the market‚ although non brand owners are growing their share due to a combination of labor intensive country. In terms of distribution‚ furniture independents/specialists dominate with 35 percent‚ followed by multiples‚ department/variety stores‚ mail order and others. This comprehensive report represents a detailed assessment of the market‚ reviewing
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Introduction Origin This report has been prepared as a partial requirement for the course “Micro-Economics”. This report‚ on the present market scenario of the beverage industry‚ is to be submitted to the instructor of the course Mr. Sheikh Morshed Jahan‚ the instructor of the course. Background The soft drinks market in Bangladesh consists mainly of seven companies. 1. Abdul Monem Limited (Coca-Cola‚ Sprite‚ Fanta) 2. Agriculture Marketing Company Limited (Pran) 3. Akij Group (Mojo
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Bangladesh has made remarkable progress in macroeconomic management. Acceleration of economic growth‚ gradual decline of budget deficit‚ high rate of export and import growth‚ steady rise of foreign currency reserve at a satisfactory level are some of the major achievements that Bangladesh attained during the past few years until FY2007-2008. Success in achieving these significant milestones is largely attributable to a set of policies and reforms implemented in order to attain macroeconomic stability
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