INTRODUCTION TO CAPITAL BUDGETING Overview 159 7.1 The NPV Rule for Judging Investments and Projects 159 7.2 The IRR Rule for Judging Investments 161 7.3 NPV or IRR‚ Which to Use? 162 7.4 The “Yes–No” Criterion: When Do IRR and NPV Give the Same Answer? 163 7.5 Do NPV and IRR Produce the Same Project Rankings? 164 7.6 Capital Budgeting Principle: Ignore Sunk Costs and Consider Only Marginal Cash Flows 168 7.7 Capital Budgeting Principle: Don’t Forget the Effects of Taxes—Sally and Dave’s
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1: Understand a diary system 1.1 A diary system allows for efficient time keeping – it allows other people to see where you are and at what time. This reduces the likelihood of appointments being missed and conflicting schedules e.g. double booking rooms 1.2 Diary systems can be split into manual systems and electronic systems – manual systems e.g. book bound diaries and wall charts are in paper form and are not so easily accessible to all employees whereas electronic systems e.g. Office Outlook
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695 Use a Diary System Explain the purpose of using a diary system The purpose of using diary system is: • to be organized • remember about meetings and important task to do • keeping within the time frame • cooperation with colleague • control deadline and setting new Describe different types of diary systems (for example paper‚ electronic etc) My diary system: Electronic – outlook diary system where all meeting‚ task can be set up‚ amend and send by mail to everybody‚ easy to
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Define traditional budgeting Traditional budget is a type of budget which uses the income and expenses from the previous year or month to predict the next month or year ’s budget. A traditional budget is easy to create since it is meant to predict a future period of finances in relation to the previous period. In most cases though‚ the traditional budget usually ends up being too rigid. http://blog.trginternational.com/trg-in-the-board-room/bid/162036/Traditional-budgeting-approach-advantages-and-disadvantages
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Capital budgeting is the process of evaluating and selecting long-term investments that are in line with the goal of investors’ wealth maximization. When a business makes a capital investment (assets such as equipment‚ building‚ land etc.) it incurs a cash outlay in the expectation of future benefits. The expected benefits generally extend beyond one year in the future. Out of different investment proposals available to a business‚ it has to choose a proposal that provides the best return and the
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UNIT 1 USE AND DEVELOP SYSTEMS THAT PROMOTE COMMUNICATION 1 1.1 There are many groups of people a Manager needs to communicate with in order to do the job effectively and efficiently. Staff need to be one of the first and most important groups. A Manager running a 24 hour service must recognise their staff are the promoters and advocates of the service in a Managers absence‚ next would be the service users themselves. Any service will have other health professionals attached‚ such as GP’s
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Module 21: Operational Budgeting and Profit Planning MBAAF 610 Paper Introduction: Why Budget? While a budget planning is a laborious process it is crucial for the success of any company. The budgeting process forces managers to be proactive in planning for the future while fostering communication and coordination within a company. Different departments must work together in order to develop a proper budget. A properly formulated budget will aid to define
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Computer crimes are criminal activities‚ which involve the use of information technology to gain an illegal or an unauthorized access to a computer system with intent of damaging‚ deleting or altering computer data. Computer crimes also include the activities such as electronic frauds‚ misuse of devices‚ identity theft and data as well as system interference. Computer crimes involve activities of software theft‚ whereas the privacy of the users is hampered. These criminal activities involve the breach
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CU2941 Use and Develop Systems that Promote Communication Level 5 Credit value 3 GLH 24 Unit summary The purpose of this unit is to assess the learner’s knowledge‚ understanding and skills required to develop communication systems for meeting individual outcomes and promoting partnership working. The unit explores the challenges and barriers to communication and the importance of effective management of information. Additional Assessment Requirements This unit must be assessed in accordance
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5 : Capital Budgeting Practices in Selected Indian Companies 5.1 Introduction 5.2 Data Analysis and Findings 5.3 Conclusion 129 Chapter 5 : Capital Budgeting Practices in Selected Indian Companies 5.1 Introduction: This chapter examines the trend in capital budgeting practices of twenty eight companies operating in different industry. The search for a reliable method of project appraisal dates back to decades. The issue not only continues to be a matter of concern
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