NOW YOU SEE IT‚ NOW YOU DON’T The case of Jet Airways and its Accounting Policies Presentation Outline 1. Jet Airways - Company Background 2. Airline Industry Background 3. Main Issues a. Highlights of First Quarter 2008 Results b. 1st New Policy: Adoption of New Depreciation Method c. 2nd New Policy: Foreign Currency Exchange Differences d. 3rd New Policy: Revaluation of Fixed Assets 4. Summary 2 Company Background India’s largest private domestic and international airline Promoted by Naresh
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Jet Airways.com Jet Airways and Etihad Airways are proud to announce the conclusion of the transaction for the subscription of 24 per cent minority equity stake in Jet Airways. This follows all government and regulatory approvals received on the 12th of November 2013. The infusion of foreign direct investment in the Indian aviation sector will result in economies of scale‚ growth in traffic at Indian airports and will create job opportunities across the aviation and tourism sectors. It will greatly
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Problem Set Seven Solutions Chapter 9 1. Two car manufacturers‚ Saab and Volvo‚ have fixed costs of $1 billion and constant marginal costs of $10‚000 per car. If Saab produces 50‚000 cars per year and Volvo produces 200‚000‚ calculate the average fixed cost and average total cost for each company. On the basis of these costs‚ which company’s market share should grow in relative terms? Answer: Average total cost is average fixed cost plus marginal cost: ATC = FC/Q + MC. Volvo’s average fixed cost
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Jet Propulsion Made by- Bhawesh Lesson Objectives After to: this lesson students should be able Define what a jet engine is Describe how Newton’s laws apply to jet or rocket engines List examples of jet engine applications List some key points in the history of jet propulsion List advantages and disadvantages of jet engines Definition of a Jet Engine An engine that burns fuel and uses the expanding exhaust gases to turn a turbine and/or produce
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SOLUTIONS Financial Management Seminar + Homework‚ Week 5 1. Starware Software was founded last year to develop software for gaming applications. Initially‚ the founder invested $800‚000 and received 8 million shares of stock. Starware now needs to raise a second round of capital‚ and it has identified an interested venture capitalist. This venture capitalist will invest $1 million and wants to own 20% of the company after the investment is completed. a. How many shares must the venture capitalist
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CVE3208 | Fluid Mechanics | Lab Report | 2012 Experiment 2 Impact of Jet CVE3208 Fluid Mechanics Ahmed Sujeeth I11009050 BCEGI - Semester 4 Lecturer: Dr. Khin Maung Win 19th November 2012 Page 1 of 9 Ahmed Sujeeth | I11009050 | BCEGI CVE3208 | Fluid Mechanics | Lab Report | 2012 Title : Impact of Jet To investigate the validity of theoretical expressions for the force exerted by a jet on targets of various shapes. The impact of jet on a surface is a common day engineering application. One such
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22. Project NPV Hindustan Motors has been producing its Ambassador car in India since 1948. As the company’s website explains‚ the Ambassador’s “dependability‚ spaciousness‚ and comfort factor have made it the most preferred car for generations of Indians.” Hindustan is now considering producing the car in China. This will involve an initial investment of RMB 4 billion.14 The plant will start production after one year. It is expected to last for five years and have a salvage value at the end of
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kkkkkkkkk CVEN-3313 Theoretical Fluid Mechanics MODULE#4 : Application of Impact on a Jet 1. OBJECTIVE To use the momentum equation to estimate the force exerted by a jet on a stationary target. 2. THEORY The momentum equation in the vertical (z) direction can be written as: Applying the momentum equation for a control volume including the forces acting on a flat target or hemispherical target gives: (1a : flat) (1b : hemi) It is assumed that the velocity
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Define the Problem: Identify the major issue of the case‚ what are the problems and sub-problems Bob Salinger‚ CEO of Tidewater Corporation‚ a manufacturer of luxury boats‚ is facing a dilemma of whether or not to fire Ken Vaughn who is troubling the company with his misconduct. The problems they faced includes Ken Vaughn being the best artist in the industry when comes to designing boats. The company’s top management fears that if they fire him‚ there is high chance of him working with some other
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What is air pollution? "Let’s go out for a breath of fresh air" is an often-heard phrase‚ but how many of us realize that this has become irrelevant in today’s world? The quality of air in our cities is anything but fresh. Air pollution is a serious problem in our society these days. We need to take action to help prevent air pollution before it is to late. To help prevent air pollution are; we could run cars on water or batteries which are environmentally safe or even car pool more‚ ban aerosol cans
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