Cases and Exercises for Value and Capital Budgeting Corporate Finance Academic Year 2012/2013 1. The treasurer of Amaro Canned Fruits has projected the cash flows of projects A‚ B and C as follows (measured in e): Year 0 Project A Project B Project C Year 1 70‚ 000 130‚ 000 75‚ 000 Year 2 70‚ 000 130‚ 000 60‚ 000 −100‚ 000 −200‚ 000 −100‚ 000 Suppose the relevant discount rate is 12% per annum. (a) Compute the profitability index for each of the three projects. (b) Compute the NPV for each
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Internal capital rationing Impositions of restrictions by a firm on the funds allocated for fresh investment is called internal capital rationing. This decision may be the result of a conservative policy pursued by a firm. Restriction may be imposed on divisional heads on the total amount that they can commit on new projects.Another internal restriction for capital budgeting decision may be imposed by a firm based on the need to generate a minimum rate of return. Under this criterion only projects
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What long-term investments should the firm undertake (capital budgeting) and how will investment and finance decisions affect the firm ’s value (valuation)? How can cash be raised for the required investments? This is known as the financing decision ’ (cost of capital‚ capital structure and leasing). How will the firm manage its day-to-day cash and financial affairs (short-term financing and net working capital)? The Capital Budgeting Mini Case presents a financial decision of acquiring
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CU744 Evaluate and Improve Own Performance in a Business Environment 1.1 The purpose and benefits of continuously improving own performance in a business environment are to exceed limitations‚ achieve personal goals‚ impress corporate individuals‚ boost self motivation‚ satisfaction in everyday work‚ attain standard performance‚ do my job efficiently and effectively to increase productivity. 1.2 It’s important to encourage and accept feedback because it is what helps us to see ourselves
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GUIDEPOSTS ON COCKFIGHTING IN THE PHILIPPINES: Local Government Units’ Power to Regulate Cockfighting I. As early as 1901‚ cockfighting was already recognized as an activity that needed to be regulated. Under Section 40 of Act No. 82‚ the municipal council was empowered to “license‚ tax or close cockpits.” II. In the 1930s‚ the Supreme Court thru Justice Villamor said that granting that the policy of the Government is to do away with gambling little by little‚ with special reference
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to be useable – have to have practicality 9.1 * Theory- a way of simplification to the complicated world- developing and testing hypothesis and validating theory * Woodrow Wilson- President during WWI- 1st article that acknowledges administration as a study- taking an academic approach and looking at in very theoretical terms * Background: * Born in Stauton‚ VA (1st municipality to have a city manager in this country )- went to UVA- law degree- became an attorney- then
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Local Marketing and Customer Relationship Management Objectives • CRM • Trust Models for Managing Relationships • Brand Communities • Customer Experience Management • Measuring and managing to build customer value • Building Loyalty • Implementation Process Tony Hsiesh Pamela Danzinger Session 1: Principles of Customer Relationship Management Customers: Most Valuable Asset = Good-will => if somebody is your customer today then they will continue to be your customer tomorrow
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OF THE LOCAL GOVERNMENT CODE (Providing appeal to the court as remedy for denial of protest by local government treasurer) By Judge Teodoro C. Fernandez I. INTRODUCTION Autonomy of local government units is one of the fundamental state policies enshrined in the Constitution (1987 Constitution‚ Art. II‚ Sec. 25). Thus‚ the Constitution directed Congress to "to enact a local government code which shall (a) provide for a more responsive and accountable local government structure
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The job of being a modern manager is strenous and demanding even under ideal circumstances because of the wide variety of modern manager’s role. While traditional/old time managers are evaluated solely for their technical skills‚ modern managers are evaluated not only on his technical skills‚ but also his interpersonal skills‚ his conceptual skills‚ and his communication skills. This is because modern manager’s role is wide and varied. In short‚ there are three role categories: Interpersonal
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decades. With hindsight‚ one is to see the shifts in the government’s role in the provision of social welfare services‚ from that of an entirely passive one in the 1950s to a relatively active one in the late 70’s and to that of a pro-active HKSAR government since the transfer of sovereignty. The following essay will be commenting on the development of social welfare in Hong Kong before and after 1997. In particular‚ the development of housing‚ social security and education policies‚ which are regarded
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