Title: THE PRACTICAL APPLICATION OF DISCOUNTED CASH-FLOW BASED VALUATION METHODS Publication: Studia Universitatis Babes Bolyai – Oeconomica‚ LII‚ 2/2007 Author Name: Takács‚ András; Language: English Subject: Economy Issue: 2/2007 Page Range: 13-28 Summary: Valuation methods based on Discounted Cash-Flow (DCF) play a major role in the field of company valuation. The current literature contains a reasonably deep and detailed theoretical basis for DCFbased valuation‚ although‚ when starting to
Premium Balance sheet Asset Generally Accepted Accounting Principles
Property taxes – local taxes‚ immovable property/land tax‚ motor vehicle tax . (Lukas Szita) A property tax also known as millage tax is a charge on possessions that the holder is obligatory to pay. The tax is imposed by the governing authority of the area in which the property is placed; it can be a national government of country‚ a federated state‚ a county/region‚ or a municipality (In Slovak Republic property tax is the most important income for municipalities). We basically distinguish four
Premium Real estate Taxation
the maturity date‚ an investor holding this bond until the maturity date is assured of a known cash flow pattern. SECTORS OF THE U.S. BOND MARKET The U.S. bond market is divided into six sectors U.S. Treasury sector‚ agency sector‚ municipal sector‚ corporate sector‚ asset-backed securities‚ and mortgage sector. The Treasury Sector The Treasury sector includes securities issued by the U.S. government. These securities include Treasury bills‚ notes‚ and bonds. This sector plays a key role in the
Premium Bond
Cash and Cash Equivalents Cash This includes money and other negotiable instrument that is payable in money and acceptable by the bank for deposit and immediate credit. Examples are bills and coins‚ checks‚ bank drafts and money orders. To be included or considered as cash‚ it must be unrestricted as to use‚ meaning‚ it must be readily available for use or payment of current obligations‚ thus‚ not subject to contractual or legal restrictions. The following items are included in “cash”:
Premium Generally Accepted Accounting Principles Asset Balance sheet
1888 The First National Manual Cash Register In 1883 on January the 30th James Ritty receives a Patent for inventing the cash register. Ritty owned a cafe in Dayton in the 1870s it was a popular cafe but somehow always lost money Ritty then blamed the bartenders and other workers for stealing. What Ritty dealt with was very common in the late 1800s. Ritty later went on a vacation on a ship whist on the ship he observed the workings of an automatic device that recorded the revolutions of the ship’s
Premium Cash register Retailing
CIS 500 4G Wireless Networks Abstract This paper will compare and contrast 3G wireless networks to 4G networks in terms of services and application‚ network architecture‚ data throughput and user perceptions‚ it will distinguish between the 4G LTE‚ 4G WiMax‚ and 4G WiBro networks based on upload and download speeds‚ user perceptions‚ backward compatibility‚ service availability. It will also identify why the competition between the 4G LTE carriers has been so fierce and
Premium
inventory‚ despite the profit made. This was the beginning of the cash flow statement‚ which was later made compulsory by the Financial Accounting Standard Boards (FASB) under Generally Accepted Accounting Principles (GAAP). This step was followed by International Accounting Standard Boards (IASB) when they issue IAS 7 Cash Flow Statement. The Cash Flow Statement only reported transactions that took place by the use of cash or cash equivalents‚ and discarded anything that was recorded on accrual basis
Premium Cash flow Asset Balance sheet
this shift‚ less products will be supplied at every price. The diagram below shows the effect of imposing a tax and how the tax is being paid. There’re two types of indirect taxes‚ they are ‘Specific Taxes’ and ‘Ad Valorem’. Specific Tax is a fixed amount of tax that is imposed on a product. For example‚ if the government imposes a tax of $2 per loaf of bread‚ it will shift the supply curve vertically upwards by the amount of tax‚ which is S2. This is shown by the diagram below. Ad Valorem‚
Premium Supply and demand Elasticity Price elasticity of demand
never-ending war against drugs. Government officials make promising speeches to advocate tougher drugs laws. This war against drugs has not accomplished anything. Legalization and taxing is an option that should be considered to show how legalizing and taxing marijuana will put end to this cycle. It is very important to understand the effect of cannabis (marijuana) and its history. Forty-three million American use drugs regularly‚ despite the federal government efforts to enforce the law‚ destroy
Premium Cannabis Prohibition Drug
words‚ 4 journal articles + three other cited works Intro/Background: The state of flow happens under very specific conditions - when we encounter a challenge that is testing for our skills‚ and yet our skills and capacities are such that it is just about possible to meet this challenge. So both the challenge and the skills are at high levels‚ stretching us almost to the limit. Activities that lead to a flow experience are called autotelic (from Greek: auto=self‚ telos=goal)‚ because they are
Premium Management Leadership Organizational studies and human resource management