APPENDIX B Excel Template Instructions for the Glo-Brite Payroll Project (Using Excel 2010) The Excel template for the Payroll Project is an electronic version of the books of account and payroll records. This is not an automated payroll system‚ but an example of how you might use a spreadsheet program to keep payroll records and account for payroll transactions. You will need to follow the instructions in the textbook to complete the project. The instructions provided below will enable
Premium Spreadsheet Bookkeeping
decide to invest their savings in its purchase. Kayla and Zhejia believe they can earn 12 by investing in the stock market so their cost of capital is equal to their opportunity cost of 12. Kayla and Zhejia believe a Simple Rate of Return on a project like this should be at least 30 because of the risk. They have made the following estimates Average consulting hours per week 30 per owner Average charge to customer 160.00 Average variable cost per hour 112.00 Annual property tax
Premium Net present value Internal rate of return
major questions. First is that‚ whether one particular project is a good one? Second‚ if we get more than one available project opportunities‚ but we should choose only one of them‚ which one should be that “one”? In real life we very frequently come across with question like whether to pick up a lump some payment of retirement account accumulated during years or receiving monthly retirement pensions until the rest of our life. In this case‚ NPV is the most appropriate answer out of two or three most
Premium Net present value Investment Finance
Introduction “Net Present Value (NPV) is the present value of the net cash inflows generated by a project including salvage value‚ if any‚ less the initial investment on the project‚” (Irfanullah‚ Jan.‚ 2013). It is preferred as one of the most reliable measures employed in capital budgeting since it accounts for the time value of money as it uses the discounted cash inflows. The net cash inflow is equivalent to the total cash inflow during a given period less the expenses incurred directly on
Premium Net present value
Net Present Value and Internal Rate of Return by Harold Bierman‚ Jr Executive Summary • • • Net present value (NPV) and internal rate of return (IRR) are two very practical discounted cash flow (DCF) calculations used for making capital budgeting decisions. NPV and IRR lead to the same decisions with investments that are independent. With mutually exclusive investments‚ the NPV method is easier to use and more reliable. Introduction To this point neither of the two discounted cash flow procedures
Premium Net present value Internal rate of return Capital budgeting
International Business – Coaching – Spreadsheet and Databases International Business offers a versatile selection of professions after graduation. As a result‚ I chose to focus on business leadership coaching‚ just like at the beginning of this semester. As an important note my parents own a coaching company‚ BoMentis‚ and my dream is to either take over it one day or at least work with them. Based on my research and personal experience‚ coaching has spread increasingly all throughout the world
Premium Customer relationship management Spreadsheet Customer service
Payback Method The payback method is useful because of its simplicity. You simply take the expected cash inflows per year expected after the initial investment and find the breakeven point in where the cash inflows equals the initial investment. Whenever that breakeven point occurs on your timeline‚ that is your payback period. Let us suppose an initial investment for a project is $1.3 million‚ the expected cash inflows for the first two years totals $850‚000‚ and the third year is expected to
Premium Net present value Investment Finance
inflows are even: NPV = R × 1 − (1 + i)-n − Initial Investment i In the above formula‚ R is the net cash inflow expected to be received each period; i is the required rate of return per period; n are the number of periods during which the project is expected to operate and generate cash inflows. When cash inflows are uneven: NPV = R1 + R2 + R3 + ... − Initial Investment (1 + i)1 (1 + i)2 (1 + i)3 Where‚ i is the target rate of return per period; R1 is the net
Premium Net present value Rate of return Cash flow
A Brief History of Spreadsheets by D. J. Power Editor‚ DSSResources.COM Spreadsheets have been used by accountants for hundreds of years. Computerized or electronic spreadsheets are of much more recent origin. Information Systems oral history and some published newspaper and magazine stories celebrate Dan Bricklin as the "father" of the electronic spreadsheet. In 1978‚ Harvard Business School student‚ Daniel Bricklin‚ came up with the idea for an interactive visible calculator (see email from
Premium Spreadsheet Microsoft Excel
Net Present Value‚ IRR‚ and the Payback Period Infomercial Entertainment‚ Inc. In the good of days—before cable TV‚ fax machines‚ and multimedia personal computers—the phrase‚"…and now a word from our sponsor…”usually meant just that‚ Television commercials were continued to thirty-and sixty—second messages‚ grouped together to occupy only two or three minutes of viewing time. Occasionally‚ if you stayed up late enough sitting in front of the tube‚ you’d see thirty minute segments on riveting topics
Premium Net present value