How should PDVSA finance the development of the Orinoco Basin? What are the costs and benefits of using project finance instead of traditional internal debt finance? PDVSA should think about financing the development of the Orinoco Basin by using project finance. The company (PDVSA) is looking forward to the financing of a public-private “chain” of deals between PDVSA and other foreign organizations that posses technological know-how‚ crude oil marketing capacity and creditworthiness‚ to develop
Premium Finance
Competitive Advantage Competitive Strategy and Game Theory Economic Value Added (or Economic Profit) • Net operating income less a charge for the cost of capital that is employed to produce the income. • EVA = NOPAT − WACC × Capital (1) where NOPAT is net operating profit after tax‚ and WACC is the weighted average cost of capital to the firm‚ an implicit market price that reflects the risk to the supplier of finance. Competitive Strategy and Game Theory Economic Value Added (or
Premium Value added Economics Price
The Myers-Briggs Type Indicator (MBTI) is a self-assessment developed by Katherine Cook Briggs and her daughter Isabel Briggs Myers based on Carl Jung personality theory (Capraro & Capraro‚ Aug 2002). The purpose of MBTI is to measure ones personality preference as a way of determining individuals best fit for environment and career (Furnham & Stringfield‚ 1993). It uses a scale of four pairs of opposites: Extroverts/Introverts (EI)‚ Sensing/Intuition (SN)‚ Thinking/Feeling (TF)‚ and Judging/Perceiving
Premium Personality psychology Psychology Myers-Briggs Type Indicator
According to mbtionline.com‚ there are six primary uses for the Myers-Briggs Type Inventory. The six primary uses are relationships‚ careers‚ counseling‚ workplace and organization‚ spirituality‚ and education (mbti.‚ 2016). Type differences between couples can be a source of growth and/or conflict. If a couple can understand each other’s type‚ they may develop better communication tools. When couples understand each other’s personality types‚ they are less likely to argue over personality differences
Premium Education Learning Educational psychology
1. Based on prices for comparable transactions‚ how would you assess the reasonableness of the Bet Performers $133 million purchase price in May 2008? To value a ship using the market approach‚ one had to identify a set of “comparable” ships where comparability was based on four main factors: ship type‚ size (DWT)‚ age‚ and condition. According to Exhibit 3‚ there are five ships which are the most comparable to Bet Performer. They are Martha Verity‚ Ingenious‚ Sumihou‚ Cape Sun‚ and Coppersmith
Premium Cash flow Discounted cash flow
(or "inside"). What could make markets inefficient? 1. Large costs of acquiring and skillfully utilizing information 2. The existence of private information 3. Large transactions costs Does market efficiency mean you can throw darts at a Financial Post listing of Toronto Stock Exchange stocks to pick a portfolio? No. All it says is that‚ on average‚ a portfolio manager will not be able to achieve excess returns on a risk-adjusted basis. What does it mean to say the price you pay for
Premium Stock Corporate finance Bond
CO5109 – CORPORATE FINANCE INDIVIDUAL ASSIGNMENT Student Name: ____________________________________________________ Student Number: __________________________________________________ Rubric for marking: 0-4.5 5-7.5 8-10 The assignment is your opportunity to integrate concepts from the course. Use problems from the text (chapter 1 problem 4‚ chapter 8 problem 26 and 27‚ chapter 9 problem 33 and chapter 14 problems 20 and 21) to guide your information collection. You will
Premium Finance
INTRODUCTION Companies need to choose from among various sources of finance depending on the amount of capital required and the term for which it is needed. Finance sources can be divided into three categories‚ namely traditional sources‚ ownership capital and non-ownership capital. Traditional sources are the internally generated capital (retained earnings); ownership capital is the capital owned by shareholders of the company (ordinary shares) while non-ownership capital includes funds from lenders
Premium Finance Corporate finance
Assignment 4-2: Week 4 Analysis Write-Up Kylie Keener ACCT715-Q1WW Financial Accounting Theory Michael Miller 13 June 2012 1. Chapter 4: Problem 8 (GM) The article “GM to Take Charge of $20.8-Billion” here reproduced from The Globe and Mail (February 2‚ 1993) describes the potential impact of SFAS 106‚ “Accounting for Postretirement Benefits Other Than Pensions‚” on General Motors and Ford. For example‚ it appears that General Motors will be required to record a liability of $20.8 billion
Premium Generally Accepted Accounting Principles Revenue Income
Did you know that a very famous art work got stolen back in 1990? A famous art work in the Isabella Stewart Gardener Museum was stolen the night of March 1990.The artwork that was missing was Christ in the Storm on the Sea galilee Also in 1942‚ all of the illustrious poets were missing. The Poets notebooks were unsealed. The art work in the Isabella Stewart Gardener Museum got stolen‚ it only took a whole two minutes for the criminal to steal the art work. It has been missing for twenty-five years
Premium Fraud United States Enron