Chapter 13 Real Options and Other Topics in Capital Budgeting Learning Objectives After reading this chapter‚ the student should be able to: Explain why conventional NPV analysis may not capture a project’s impact on the firm’s opportunities. Identify five different types of real options. Explain what an abandonment/shutdown option is‚ give an example of a project that includes this type of option‚ and explain what an option value is. Explain what a decision tree is and provide an example of
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Chapter 13 Student: ___________________________________________________________________________ 1. As an exporter‚ according to the opening case‚ which of these is a key problem for Megahertz Communications? A. Credibility of foreign governments B. Financing C. Substandard products for foreign markets D. Language E. Country specific technical standards 2. In the United States‚ what percent of firms export‚ according to the U.S. Small Business Administration? A. Nearly 98 percent B. About 23 percent
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Lecture on IFRS 9 and 13 02/11/2011 – Wednesday IFRS 13 Reasons for Issuing IFRS 13: * To reduce complexity and improve consistency in application when measuring fair value. Previously‚ there was limited and sometimes conflicting guidance on how to measure fair value. * To enhance disclosures for fair value. IFRS 13 was issued as part of the response to global financial crisis. * Also it is part of the convergence project to reduce differences between IFRS and US GAAP. Introduction:
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Principles of Marketing‚ 14e (Kotler) Chapter 13 Retailing and Wholesaling 1) ________ includes all the activities involved in selling products or services directly to final consumers for their personal‚ nonbusiness use. A) Franchising B) Retailing C) Brokering D) Wholesaling E) Disintermediation Answer: B Diff: 1 Page Ref: 374 Skill: Concept Objective: 13-1 2) In recent years‚ ________ has been growing fast. This includes selling to final consumers through direct mail‚ catalogs‚ telephone
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Chapter 13 Inventory Management Answers to Discussion and Review Questions 1. Inventories are held (1) to take advantage of price discounts‚ (2) to take advantage of economic lot sizes‚ (3) to provide a certain level of customer service‚ and (4) because production requires some in-process inventory. 2. Effective inventory management requires (1) cost information‚ information on demand and lead time (amounts and variabilities)‚ an accounting system‚ and a priority system (e.g.‚ A-B-C)
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CHAPTER 13--TAX CREDITS AND PAYMENT PROCEDURES Key 1. The tax benefit received from a tax credit is affected by the tax rate of the taxpayer. FALSE 2. The tax benefits resulting from tax credits and tax deductions are never affected by the tax rate bracket of the taxpayer. FALSE 3. Nonrefundable credits are those that reduce the taxpayer’s tax liability but are not paid when the amount of the credit (or credits) exceeds the taxpayer’s tax liability. TRUE 4. The credit for child
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CHAPTER 13 – CURRENT LIABILITIES AND CONTINGENCIES I. Liabilities A. Three Characteristics 1. Probable‚ future sacrifices of economic benefits 2. That arise from present obligations 3. Resulting from past transactions B. Current Liabilities 1. Payable within 1 year 2. Reported at maturity value C. Types of Current Liabilities 1. Accounts Payable a. Buy merchandise on account
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LEADERSHIP IN CINEMA Apollo 13 (Based on a true story) Submitted by: Pam McDonald E-mail: Pam_McDonald@nifc.blm.gov Phone: 208-387-5318 Audience Rating: PG Released: 1995 Studio: Universal City Studios Genre: Drama Runtime: 140 minutes Materials: VCR or DVD‚ television or projection system‚ Wildland Fire Leadership Values and Principles handouts (single-sided)‚ notepad‚ writing utensil Objective: Students will identify Wildland Fire Leadership Values and Principles illustrated
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llo 13 [pic] Apollo 13 Problem Solving Using SPICES 1. What situation is the movie Apollo 13 about? They want to go to the moon and land on it. 2. What was the big problem that happened during the movie? There isn’t enough power to come back to Earth. This is the big problem because all the other problems branch of from this issue. 3. List three smaller problems that also came up in the process of trying to fix the big problem. They can’t land on the moon‚ because they were
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go to school yesterday. 3) Sue painted a lovely picture. 4) They arrived at the airport early this morning. 5) Melanie posted the letter. 6) Bob made a fantastic puppet. 7) Jane left work at 8 pm last night. 8) Joseph cleaned the fish bowl. 9) Who invented the telephone? 10) The thief stole all the money in the till. 11) Who has written this poem? 12) When will they hold the annual dance? 13) Many tourists visit the Eiffel Tower every year. 14) Did you give the parcel to Susie? 15) The fire damaged
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