Design and Principle and Application Assignment: Planning Design and Production Task 1 Identify and describe the planning process for this type of building project Atlas Design Consultancy has been approached to design an office building for an accountancy firm. The building to be designed is a five storey office block with a basement. A design brief has been formulated between the client and also Henry Brown‚ Senior Partner of Atlas Design Consultancy. A preliminary drawing has since
Premium Construction Design Project management
Principles of Finance Notes Theory Questions Explain why the NPV approach is preferred to the IRR approach (2006) The NPV approach takes into account the timing of cash flows and the IRR does not. For example if you took 2 projects that required the same initial outlay and had the same cash inflows for the same period of time but one project was deferred for one year‚ using the NPV we would have different values but the IRR would give us the same. The NPV approach takes into account the scale of
Premium Finance Corporate finance Net present value
* PV(CF) = CF/(1+r)t AKA PV = FV/(1+r)t * NPV = PV(CFs) – Investment = -C0 +C1/(1+r)+C2/(1+r)2+C3/(1+r)3+… = ∑(Expected CFt)/(1+r)t – Investment * Perpetuity – pays a fixed amount C per period forever * P(C‚r) = C/r requires cash flow to begin NEXT period. If begin now‚ then PV = C + C/r * Annuity – fixed stream of cash flows that has a final period t * A(C‚r‚t) = C/r [1-1/(1+r)t] * Growing Perpetuity – G(C‚r‚g) = C/(r-g) C is initial cash flow‚ r is discount rate
Premium Discounted cash flow Net present value Corporate finance
Licensed to: iChapters User PRINCIPLES OF MICROECONOMICS: A G U I D E D T O U R PART ONE: INTRODUCTION Chapter 1 Chapter 2 Chapter 3 Ten Principles of Economics Thinking Like an Economist Interdependence and the Gains from Trade The study of economics is guided by a few big ideas. Economists view the world as both scientists and policymakers. The theory of comparative advantage explains how people benefit from economic interdependence. PART TWO: SUPPLY AND DEMAND I: HOW MARKETS
Premium Supply and demand
Chapter 025 Mergers and Acquisitions Multiple Choice Questions 1. The complete absorption of one company by another‚ wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity‚ is called a: A. merger. b. consolidation. c. tender offer. d. spinoff. e. divestiture. SECTION: 25.1 TOPIC: MERGER TYPE: DEFINITIONS 2. A merger in which an entirely new firm is created and both the acquired and acquiring firms cease to exist is called a: a
Premium Mergers and acquisitions Corporate finance Stock
Chapter 7 Stock Valuation Instructor’s Resources Overview This chapter continues on the valuation process introduced in Chapter 6 for bonds. Models for valuing preferred and common stock are presented. For common stock‚ the zero growth‚ constant growth‚ and variable growth models are examined. The relationship between stock valuation and efficient markets is presented. The role of venture capitalists and investment bankers is also discussed. The free cash flow model is explained and compared
Premium Stock market Fundamental analysis P/E ratio
AFIN858 Financial Management and Policy Week 1 S1 2014 “INTRODUCTION TO CORPORATE FINANCE” “Where is This Slide From”? • Most of the slides we use in this unit are provided by the Publisher of the required text “…as down-loaded from Connect…” • Sometimes we modify slides by adding or removing content. Other times we use slides from other sources. Occasionally we ‘make’ slides. • Note that lecture slides are not numbered sequentially. • Slides are identified in the lower RHS corner
Premium Generally Accepted Accounting Principles Corporate finance Balance sheet
The core of principles can be defined by ethics and certain behaviors such as proper‚ good‚ and right. These fundamentals define if the behavior is evil‚ wrong or not satisfactory. Immanuel Kant stated that ethics should not be limited to personal desires‚ but also extend to one’s duty. His philosophy states that all individuals are born with intrinsic freedom‚ allowing them to make decisions‚ implying that we should make efforts to live morally and ethically. Kant argues that every lie that
Premium Morality Philosophy Ethics
Master Techniques in Orthopaedic Surgery The Spine 3rd Edition Book avaoilable online at low price at Meripustak.com. In the Lippincott Raven series “Master Techniques in Orthopaedic Surgery‚” a new title has emerged-The Spine‚ edited by David Bradford a very well known spinal surgeon. The target group is considered to be fellows‚ residents‚ students and paramedical staff. The aim is to present surgical techniques preferred by master surgeons in each subspeciality of this spe- cialty. As mentioned
Premium Surgery Orthopedic surgery Vertebral column
Case Solutions Corporate Finance Ross‚ Westerfield‚ and Jaffe 9th edition CHAPTER 2 CASH FLOWS AT WARF COMPUTERS The operating cash flow for the company is: (NOTE: All numbers are in thousands of dollars) OCF = EBIT + Depreciation – Current taxes OCF = $1‚332 + 159 – 386 OCF = $1‚105 To calculate the cash flow from assets‚ we need to find the capital spending and change in net working capital. The capital spending for the year was: | |Capital spending
Premium Depreciation Generally Accepted Accounting Principles Financial ratios