(10-2) IRR A project has an initial cost of $52‚125‚ expected net cash inflows of $12‚000 per year for 8 years‚ and a cost of capital of 12%. What is the project’s NPV? (Hint: Begin by constructing a time line.) What’s the project’s IRR? NPV = Cash Flow in Period n/ (1 + Discount Rate)n NPV = $52‚125 + 12‚000/(1 +.12)8 = 4‚846.60 12‚000/(1 +.12)7 = 5‚428.19 12‚000/(1 +.12)6 = 6‚079.58 12‚000/(1 +.12)5 = 6‚809.13 12‚000/(1 +.12)4 = 7‚626.21 12‚000/(1 +.12)3 = 8‚541.35 12‚000/(1 +.12)2 = 9‚566.33
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is a mere appendage of Eastfield Ltd. This being the case‚ it is necessary to examine the exact relationship between Capital Pty Ltd and Eastfield Ltd and determine the likelihood of the courts lifting the corporate veil. Separate Entity Salomon v Salomon & Co established the key principle that an “incorporated company is a separate legal entity from its founder‚ shareholders and directors”. To further this point‚ the Albazero case provided authority within a group of companies‚ whereby
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MAA350 ETHICS AND FINANCIAL SERVICES Trimester 2‚ 2013 ASSIGNMENT: LIVENT‚ INC.: An Instructional Case PART A Question A1 Outline the frauds identified in the case and explain the inconsistencies with proper accounting treatment. Relate your answer to broad accounting concepts and accounting standards where relevant. (8 marks; approximately 800 words) Answer: Livent Inc. is a theatre production corporation registered in Toronto‚ Canada. Therefore‚ all
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Electronic Literature Pedagogy: A Questionable Approach by: Chris Mott WHY SHOULD I TEACH ELECTRONIC LITERATURE? The first reason to teach electronic literature is practical: digital media are the most rapidly growing forms of communication‚ and they will only grow in their influence and pervasiveness. Most of our students are fairly skillful with electronic technology‚ but as we all know‚ skill is not literacy. Literacy includes the ability not only to perform in a given medium‚ but to think
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Mini Ecosystems Essay Ecology is the scientific study of all the interrelationships between organisms and their environment. An ecosystem is a biological community and all the non-living factors that affect it. Previously‚ in ---- biology class we created our own mini ecosystem terrariums. Lots of changes go on in ecosystems‚ and we got to record them. A terrarium is a self- contained terrestrial ecosystem that includes several species of plant‚ and sometimes animals too. What we had planned
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Ratios and Financial Planning at East Coast Yachts 1. Current Ratio= Current Assets/Current Liabilities = 17‚582‚000/23‚689‚300 = 0.74 Quick Ratio = (Current Assets – Inventories)/Current Liabilities =(17‚582‚0007‚363‚700)/23‚689‚300 =0.43 Total Asset Turnover = Sales/Total Assets =234‚‚300‚000/130‚338‚900 =1.8 Inventory Turnover = Cost of Goods Sold/Inventory =165‚074‚000/7‚363‚700 =22.41 Receivables Turnover = Sales/Accounts Receivable =234‚300‚000/6‚567‚600 =35.68 Total Deb
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years. Overall she is having 13 years of teaching experience. She is pursuing her doctorate in marketing stream from University Business School‚ Panjab University‚ and Chandigarh. She has presented number of papers at National level seminars. Electronic copy available at: http://ssrn.com/abstract=2131598 JIBC April 2012‚ Vol. 17‚ No. 1 -2- Abstract Advancement in technology has played an important role in the distribution strategy of commercial banks. Banks distribute their products
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Mini Proposal a) Concept Our magazine is a travelling magazine. We are going to focus mainly on travelling. We provide the latest and most trendy information about the travelling experience to the islands in the world to the readers. The main theme for our magazine in this month will be top 5 beautiful islands. We will introduce the islands that has been voted and suggested by the travellers. Besides‚ we will also tell the readers where the island is more suitable to travelling. The interest
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The Net Present Value‚ Mergers and Acquisitions Michael D. Black Trident University Module 5 CASE Finance 501: Strategic Corporate Finance Professor: Walter Witham June 15‚ 2012 Net Present Value‚ Mergers and Acquisitions Abstract Financial managers must understand the value of dollars invested today in order to make decisions as to what capital ventures are worth pursuing for business growth. The money a business is willing to invest in new equipment or expansion
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Case Analysis: Apple‚ Inc. (Case Study) Unit 1 Rolf Vonderheide Kaplan University GB520 Strategic Human Resource Management Professor Steven Cates November 11‚ 2014 Introduction The purpose of this case analysis is to answer the following question as it relates to Apple‚ Inc. “What is strategic management and why is it crucial to the success of an organization in meeting its goals and mission?” Strategic Management refers to the set of decisions and actions used to formulate and implement strategies
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