1. Payback Period of each project Tim can show that the payback period is not appropriate in the analysis of the projects for the following reasons. First‚ it does not properly account for the time value of money‚ risk financing and other important considerations such as opportunity cost and it does not consider the cost of capital. It does not specify any required comparison to other investments or even to not making an investment. The method is an indication of both the risk and the liquidity
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1. Calculate the Payback Period of each project. Explain what argument Tim should make to show that the Payback Period is not appropriate in this case. Answer : Year Synthetic Resin Epoxy Resin Cash Flows Cumulative Cash Flows Cash Flows Cumulative Cash Flows 0 -$1‚000‚000 -$1‚000‚000 -$800‚000 -$800‚000 1 $350‚000 -$650‚000 $600‚000 -$200‚000 2 $400‚000 -$250‚000 $400‚000 $200‚000 3 $500‚000 $250‚000 $300‚000 $500‚000 4 $650‚000 $900‚000 $200‚000 $700‚000 5 $700‚000 $1‚600‚000 $200‚000
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Another positive side of advancing in chemical engineering is that helping in converting raw materials into useful products When people found unprocessed materials or basic materials such as alumina and silica; thus‚ people tend to turn them into benefits goods that undergo a big processes in manufacturing field. This requires high efficiencies and good quality of people who experts in this sector. However‚ the noteworthy contribution of chemical engineering allows to have desired products from
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Chapter 6 (Case 6-1 CHINA PETROLEUM AND CHEMICAL CORPORATION) 1.The net profit figure reported under PRC GAAP is RMB 19‚011 million. This is RMB 2‚592 million lower than the amount under IFRS‚ and RMB 6‚566 million lower than the amount under U.S. GAAP. The net profit figure of RMB 19‚011 reported under PRC GAAP was increased to RMB 21‚593 under IFRS. The increase of RMB 2‚582 under IFRS was due to the following reasons: Dep. and disposal of oil and gas properties RMB3‚044 Acquisition of subsidiaries
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Macbeth‚ not only in respect to the difference in time‚ but also as a work of fiction depicting real life. The belief that Shakespeare’s views as expressed in Macbeth cannot be applied to humanity today is often backed up by the argument that the world has changed. I was taught about women’s rights and the divine right of kings if I hadn’t been I probably wouldn’t have discovered them myself simply by looking at modern culture. Women today are no longer bound by the strict set of rules placed on them
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a fad is the “3 Day Chemical Breakdown Diet”. The claims being are that the food being eaten in this diet is chosen in a unique way with unique combinations to chemically react and breakdown fat without exercising. Also‚ they Claim that one can lose up to 10 pounds in just 3 days. These are not considered as valid claims for many reasons. I have tried this diet and I know what they tell us to eat. They make us eat between 700 and 1000 calories maximum‚ so even without any chemical reactions‚ one will
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Has attachment theory had its day? There are many different views on attachment theory but the first and most recognised is that of John Bowlby. He argued that attachment was an instinctive biological need that begins at infancy and continues throughout life. (Elliot & Reis‚ 2003). Further to this Bowlby argued that babies who were separated from their mothers before becoming securely attached would find it impossible to bond with others and in later life would suffer ill affects from this
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U.S Monetary Policy in 1995 When Alan Greenspan presented the Federal Reserve’s semi-annual report on monetary policy to the Subcommittee on Domestic and International Monetary Policy‚ the Committee on Banking and Financial Services‚ and the U.S. House of Representatives on February‚ Dr. Greenspan touted a cautionary yet favorable view of the U.S. economy. He states that "With inflationary pressures apparently receding‚ the previous degree of restraint in monetary policy was no longer deemed
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Alloy - An alloy is a substance made by melting two or more elements together‚ at least one of them a metal. An Example: Examples of alloys include brass‚ bronze‚ 14k gold‚ and sterling silver. covalent bond - A covalent bond is a chemical link between two atoms in which electrons are shared between them. An Example: There is covalent between the oxygen and each hydrogen in (H 2 O). Each of the bonds contains two electrons - one from a hydrogen atom and one from the oxygen atom. Both atoms
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consequence of this voyage. Columbus Day in the United States is a holiday that was celebrated as early as 1905‚ and became an official federal holiday in 1937. Presently the debate has risen on whether this date should be recognized or celebrated‚ with places such as Los Angeles along with other cities moving to replace the second Monday in October to Indigenous Peoples Day. In this paper I will argue why we at Cal Poly Pomona should not “Celebrate” Columbus day‚ but why we should
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