Present value is where the value on a set date of a future payment is discounted to reflect the time value of money and other factors. This can also apply to a series of future payments. Present value calculations are commonly utilized in business and economics to provide a way to compare cash flows at different times. Present value can be described as the current worth of a future sum of money or stream of cash flows given a specified rate of return. (http://www.getobjects.com) Future cash flows
Premium Future value Time value of money Net present value
believe that if the market value of the firm’s equity is maximized; the goal of the financial management is attained. There are two versions of the goals of the financial Management: Profit Maximization and Wealth maximization. Profit maximization: This is a goal wherein‚ the returns are maximized with the best output and price levels. A firm’s performance is evaluated in terms of profitability. The target of maximization of profit is very traditional and narrow approach. Allocation of resources and
Premium Net present value Rate of return Time value of money
Executive Summary Value chain management has become more and more important in industry in past decades. This report provides an insight view of value chain in automotive industry and then examine leadership role of engineer in value chain management. Furthermore‚ the report will analyse why engineer is so important in management of value chain. Analysis of value chain Automotive industry plays an important pillar role in the economic development of all countries. This is because the development
Premium Management Supply chain management Supply chain
The purpose of the corporation: Shareholder-value maximization? Finance Working Paper N°. 95/2005 Revised version: February 2006 Petra Joerg Institut für Finanzmanagement‚ Universität Bern Claudio Loderer Institut für Finanzmanagement‚ Universität Bern Lukas Roth The Pennsylvania State University Urs Waelchli Institut für Finanzmanagement‚ Universität Bern © Petra Joerg‚ Claudio Loderer‚ Lukas Roth and Urs Waelchli 2006. All rights reserved. Short sections of text‚ not to
Premium Stock market Stock Shareholder
How to inculcate Moral Values in your children When your son or daughter was a toddler‚ did you childproof your home? Perhaps you covered electrical outlets‚ hid sharp objects‚ and barricaded stairways-all in an effort to keep your child safe. If only it were that easy to keep your teenager safe! Now you have greater worries‚ such as: ‘Is my son accessing pornography?’ Is my daughter ‘sexting’ –sending lewd photos of herself via cell phone?’ And the dreaded question ‘Is my teenager sexually active
Premium Adolescence Marriage Childhood
Environmental Scanning Ch1: External Environment Analysis Ch2: Internal Environment Analysis Module(2): Strategy Formulation Module(3): Strategy Implementation Module(4): Control & evaluation Summary & Conclusion References Introduction Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle‚ Washington. Starbucks is the largest coffeehouse company in the world‚ with 20‚366 stores in 61 countries‚ including 13‚123 in the United States‚ 1‚299 in
Premium Starbucks Coffee
Introduction The following report will document the formation and development of an independent production company‚ exploring the delegation of roles and responsibilities through a series of diagnostic tools and group evaluations. The realisation of group dynamics will also help to form a productive organisational structure and allow for any gaps in required skills sets to be identified at an early stage. This will enable prior planning and preparation to be carried out efficiently. The portfolio
Premium Target audience Documentary film Target market
Start: Some value relevance research studies are motivated by standard setting and seek to draw some standard setting inferences from these studies. Their studies are based on theories of accounting‚ standard setting and valuation. Question: Are these theories that underlie value relevance studies descriptive of standards setting and valuation? If they are not‚ then the associations between accounting numbers and equity valuations are just mere associations and have limited standard setting
Premium Stock market Stock Generally Accepted Accounting Principles
VALUE LINE PUBLISHING‚ OCTOBER 2002 Teaching Note This case follows the performance-review and financial-statement-forecasting decisions of a Value Line analyst for the retail-building-supply industry in October 2002. The case contrasts the strong operating performance of Home Depot with the strong stock-market performance of Lowe’s. Students examine a financial-ratio analysis for Home Depot that acts as a template to generate a comparable ratio analysis for Lowe’s. The students’ ratio
Premium Forecasting Ratio Financial ratios
32 Attitudes and values in Chinese manufacturing companies A comparison with Japanese‚ South Korean and Hong Kong companies Ruth Alas Estonian Business School‚ Tallinn‚ Estonia Abstract Purpose – The purpose of this paper is to investigate employee values and work-related attitudes in Chinese manufacturing companies in comparison with values and attitudes in Japan‚ South Korea and Hong Kong. Design/methodology/approach – The paper will investigate employee values at the societal level
Premium Hong Kong China People's Republic of China