Capital budgeting decisions made too early Essay Example for Free

Capital budgeting decisions made too early Essay Hughes Corporation employs a machine to manufacture its output. It has identified a replacement but wishes to carefully consider the effect on various aspects of the business if it continues to use the existing machine compared with the effect if it replaces it with the new machine. The importance of Capital Budgeting cannot be underemphasized as a replacement decision can impact Hughes Corporation for many years, and so it must be carefully planned. A bad decision can have a significant effect on the firm’s future operations. The timing of the decision is important as capital budgeting projects may take years to implement. Firms should plan accordingly, failing which they may find that the capital budgeting decision is timed too late, and prove to be costly with respect to competition. Capital budgeting decisions made too early can also cause problems because generally capital budgeting projects are large investments, thus early decisions may generate unnecessary costs for the firm. Hughes Corporation would like to assess whether it should replace the machine now with the new one or defer the decision. Requirement 2 The idea for a capital budgeting project, whether generated by customers, employees, suppliers, should be based on the requirements and experiences of the corporation, and of these groups. For example, a sales representative might often receive customer feedback that there is a need for the product to have particular characteristics that the firm’s existing product does not have. The sales representative may present this idea to management, who subsequently evaluates its viability by consulting with production personnel, engineers, and by carrying out a feasibility study. Once the idea is proven to be viable the financial manager conducts a capital budgeting analysis to ensure it will be beneficial to the firm with respect to its value. The corporation is satisfied with the output from its existing machine. However, its efficiency is comparatively less than a new machine and the operating and maintenance costs of the existing machine are also higher. Research conducted on internet sources revealed an article published in the Engineering Review (September 22, 1999) which explained the rationale behind the decision on replacing an asset. As pointed out in the article by Hartman, traditionally, a replacement analysis is undertaken, taking into account an optimal replacement schedule and building-in minimization of purchase, maintenance, operating costs and salvage value, over some time horizon. These costs are based on the asset utilization over its useful life (Hartman 1999). Requirement 3 In the case of this corporation, to determine the value of an asset, we should compute the present value of cash flows that the asset is expected to generate over its useful life. When the value of the asset is determined, we can determine if we should invest in the asset by comparing its computed value to the purchase cost of the asset. If this decision-making procedure is followed it will help ensure the firm will maximize its value—that is, if an asset has a value to the firm that is greater than its cost, the firm’s value would be increased if the firm purchases the asset (Besley 2007). Requirement 4 Besley continues to explain the techniques employed in assisting a decision to be reached by aggregating the cash-flows resulting from buying a replacement asset. However, as the cash-flows span over several years (over the asset’s useful life) the cash-flows should be discounted to arrive at their net present value.

Analysis on the novel The Hours :: essays research papers

QUESTIONS ON THE FILM â€Å"THE HOURS† 1) â€Å"The Hours†, based on the novel written by Michael Cunningham, is more than a biographical movie about Virginia Woolf. How can you discribe the importance and co- relation between the three female main characters: Virginia, Laura Brown and Clarissa Vaughan? The novel is essentially about women. Women from different periods, of different ages, and oddly the same in various aspects. We get to know women that apparently lead perfect lives, considering the external aspect, and all of them come to a moment in their lives when they stumble upon the superficiality of their days and face their disturbed inner selves. The fates of the three characters cross because of the fact that Laura is reading exactly the book Virginia wrote, while Clarissa Vaughan appears to be a kind of living breathing Clarissa Dalloway. 2) It is known that the movie tells a lot about the feminine universe in its various aspects. How were men inserted in this universe? What feelings could they represent in the movie? Men were shown as elements that were on the verge of the story, but, at the same time, they were essential to the development of the plot, as well as remarkable influences to the states the women are in in the movie. That is, though their presence in the lives of the three characters is of great importance for us to understand what they’re going through, they always seem to be kind of unaware of what great tempests are occurring in the women’s heads. 3) Relationship between women is also largely explored in the movie, as well as in the writings of Virginia Woolf. Considering that the movie is based on a literary book and is full of metaphors, what could the three kisses highlighted in the film mean, beyond the images shown (the kisses between female characters)? As the film tells a lot about the feminine universe, the fact that they highlighted these three specific kisses between the main characters could be an attempt to show another way through which different feminine universes can interact, and they didn’t necessarily mean â€Å"sexual involvement†. The first kiss, for instance, between Laura and Kitty, could be easily taken as a statement that the former â€Å"was in love† with her female friend. That could really be the case, but the metaphorical nature of the movie can also provide us with other interpretations when we’re willing to dig deeper.

College Tuition Essay

College as we all know is very pricey from the cost of tuition all the way to the text books and fee’s, but the question I’m sure everyone including myself would like to know is why? And where all the money that we pay is actually going. College is what everyone knows as furthering there education or it’s a way to get a better paying job. One of the very first things people look at when applying for a college the is the tuition. How much is this school going to cost me. The cost of college tuition has changed a lot over the years. who knows what it will be in the next five ten years. But as for right now its expensive enough. With there being so many different colleges across the U. S. There should be one universal cost for all the four year colleges and one for the two year colleges instead of having one college cost thousands of dollars more then the other ones. I am in my second year of college at the community college of Denver, and granite it’s one of the cheaper schools I still think that the cost is outrages. We go to college to better our lives to get more training and education. So we can get that better paying job. Its not easy to do and not every one can do it. But is spending all this money really helping us better our lives or is it making life harder and more stressful? Most people cant pay the full tuition up front so they look at there options. Taking out a loan, or getting on a payment plan. If you decided to take out a loan that’s great you don’t have to worry bout money right now its taken care of. What happens later on down the road when your out of school finally and still broke but this time your in more debt then you know how to handle. Is it necessary to have the cost of tuition so high that a lot of people cant afford it, are school boards or school officials trying to put us in debt? It’s hard enough to get out of debt and when your there the money just keeps adding up. Tuition is different for every school and I’m sure there is a hand full of people if not more that have taken out loans to help pay for there way through school. Even after you pay your tuition you still have text books and other fees that are totally separate from what you already paid. Is attending college really helping us better ourselves or is it just helping us dig ourselves in to places like debt that are hard to get out of? College is expensive for multiple reasons. It may seem like your paying all this money for nothing but in all reality your not. The money you pay goes towards keeping the campus clean and running. Your paying so much so they can hire the bestinstructors. So they can to teach you all they can for what you have paid. You pay the money might as well get all you can out of it. Those are the two main reason to why you pay so much in tuition is to keep things running. The money also buys computers for labs and materials you might need minus your text books. There is maybe a handful of things that you can think of that maybe our money that we pay for tuition goes towards. It still feels like we pay more then they need us to. Every class has its own requirements. Most classes require you to purchase a text book that you may or may not use during the semester. You go to buy the book and you see the price and it isn’t cheap not even the used ones are all that cheap. Why have us pay so much in tuition if we still have to purchase books and other things. The cost of books aren’t cheap. Why cant there be class sets. Were we check them out and in order to receive a grade for that class at the end of the semester you have to check your book back in. not everybody wants to buy a book they will use once. I personally think that with all the money we give the school for tuition they could at least supply the books and materials needed. Isn’t there a better way then having us as students spend more money then necessary. We just want to further our education not be put in debt or tight money situations. The more you pay the better education and training your going to get, because the board of educators can afford to hire better educators. There are lots of colleges around the united states, and every one has a different tuition price. As well as different fields that they can help teach you more about or train you in. for an example metro is known for the school of business. Most schools have one specialty program that A. is always really pricey and B.  makes sure you get where you would need to be when you get that college degree. They are pretty much saying you get what you pay for. Why cant there just be a universal tuition? What is the pint in having in state and out of state prices? The cost of college tuition and the price of text books most likely wont be going down anytime soon. But now you have more of a back ground as to why you pay so much and to where all your money is actually going. I started out this paper thinking that the cost of tuition was way to high and I can honestly say that I still think that even after my research.

Research Paper on Health - 5553 Words

WOMEN, HEALTH and DEVELOPMENT: ISSUES AND CHALLENGES * Research paper : â€Å"Inequities in Women Health and Health Problems Among The Adolescent Girls† Mrs.Reshma, M.A., LLB, M.Phil (Research Scholar) Asst.Professor, Dept. of SOCIOLOGY, Government First Grade Collage, Tarikere, Chikmagaluru District. Mob: no: 9448948451 * Introduction: - You can tell the condition of a nation by looking at the status of its women. - Jawaharlal Nehru However much a mother may love her children, it is all but impossible for her to provide high-quality child care if she herself is poor and oppressed, illiterate and uninformed, anemic and unhealthy, has five or six other children, lives in a slum or shanty, has neither clean water nor safe sanitation,†¦show more content†¦Ã¢â‚¬Å"Adolescent is a stage of development transition i.e. a bridge between childhood and adulthood. This stage usually develops gradually without proper attention, especially in the developing countries. Adolescence is a particular vulnerable group and need special health care. Care of the reproductive organs lays the foundation for the world’s demographic future to find out the pattern of reproductive health problem among the adolescent girls aged 13-18 years.† â€Å"The World Health Organisation defines in 1996, adolescence as the period of life between ages 10 and 19 years. International conference on population and development (ICPD) defines Reproductive Health as â€Å"Complete state of Physical, Mental and Social well-being and not merely an absence of disease and infirmity, in all matters related to reproductive systems, functions and disease†. Over the last decade or so, there has been an increasing interest in adolescents throughout the world†. Methods:- This study was conducted among the female students of higher secondary college at Tarikere taluq, chickmagaluru dist. Total students of the institution were 300 out of them total 126 students were selected by using lottery method. A structured questionnaire were modified and finalised for data collection. Due permission was taken from the concerned authority. After taking verbal consent from selected students, data were collected and recorded in a preformed data sheet. Collected data wereShow MoreRelatedHealth Insurance Research Paper1269 Words   |  6 PagesDo you have health insurance or are you one of the many Americans without insurance? If you are uninsured I am sure you might not agree with being charged more than those who are insured. But those of you who do have insurance probably think its fine since you have coverage sadly that is not the case. 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