Investment Appraisal free essay sample

What are some benefits from Investing? ? Savings because assets used currently will no longer be used o Savings in staff cost o Saving in other operating costs Revenue benefits because of improvement / enhancements o More sales revenue o More efficient system o Savings in staff time Inflow from sale of currently in use assets Intangible benefit o Customer satisfaction o Improve staff morale o Better decision making ? ? ? How can investments be categorised? Investments can be categorised into Capital Expenditure and Revenue Expenditure. What is Capital Expenditure? Capital expenditure is expenditure which results in the acquisition of non-current assets or an improvement in the earning capacity of non-current assets. What is Revenue Expenditure? Revenue expenditure is expenditure which results in maintain the existing earning capacity of noncurrent assets. It also includes expenditure related to selling and distribution expenses, administration expenses and finance charges. What is involved in investments in Non-current Assets? Investments in Non-current Assets involve a significant elapse of time i. We will write a custom essay sample on Investment Appraisal or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page . the time funds are committed to acquiring the non-current to the recoupment of the investment will be long. What is involved in investments in Working Capital? Investments in working capital involve funds invested in resources such as, inventory, before it can be recovered from sales of the finished product or service. The funds are only committed for a short period of time. How do the overriding factors in Investment decisions differ in the Commercial Sector and the Notfor-Profit Organisation? The commercial sector investment decisions are generally based on financial considerations alone whereas with not-for-profit organisations relatively few organisations’ capital investments are made with the intention of earning a financial return the overriding factors are social costs and social benefits of the investment. What is Capital Budgeting? Capital budgeting is the process of identify, analysing and selecting investment projects whose returns are expected to extend beyond one year. What is the Capital Budget? The capital budget contains the expenditure required to cover capital projects already underway and those it is anticipated will start in the next possibly three to five years. Note: Budget limits or constraints might be imposed internally or externally. Internal constraints are often imposed when managerial resources are limited, this known as soft capital rationing. External constraints are often imposed by external limits either because of scarcity of finance, high financing costs or restrictions on the amount of external financing, this is known as hard capital rationing. Origination of proposal the origination of the proposal can come either from mechanisms the entity has put in place to scan the environment for investment opportunities; technological change/developments; or those working in technical positions. Project screening each project must be subjected to detailed screening. Only if a project passes this initial screening will more detailed financial analysis begin. Analysis and acceptance this step involves carrying out financial analysis of the project and comparing that to predetermined acceptance criteria and also considering the project in light of the capital budget for the current and future operating periods. Monitoring and review this step involves project control i. e. ensuring that capital spending does not exceed the amount authorised, the implementation of the project is not delayed, and the anticipated benefits are eventually obtained.

April Morning by Howard Fast Essay Example

April Morning by Howard Fast Essay Example April Morning by Howard Fast Paper April Morning by Howard Fast Paper When I turned back to the house, my father called after me and asked me did I figure I was finished. l figure so, I said, and then my father said, in that way he has of saying something that cuts you down to half of your size or less: Slow to start and quick to finish. So went the character Adam about his life, and so went the book, April Morning, by Howard Fast. Throughout the book, an underlying theme of starting a task slowly and flinching the task quickly. The character Adam is slow to start his chores, but quick to finish his responsibilities; Dams father, Moses Cooper is slow to begin to let his son try and rove himself as a man, but Moses is deadly quick to finish that process, literally; the beginning of the American Revolutionary war is slow to start on April 19, 1775, but the battle at Lexington Green is over in a matter of minutes; and as a whole, the book April Morning is slow to start, but ends in the period of one day. Adam Cooper Is a boy of fifteen, who wants nothing more than to feel loved and respected as young man Instead off boy by his father. He receives his chance and receives his fathers affection for the first and last time the morning of April 19, 775, the day the British Army marched to Lexington Green where his father perished in the first battle of the American Revolutionary war. With the death of his father, Adam is literally turned into a man during the course of the day. As a boy, Adam runs as soon as the first shot is fired on the Green, which is the shot that kills his father, and he hides in a smokehouse and cries for hours before gaining the courage to run away from the British army and the town in which he lives. As a man, Adam helps the Revolutionary cause to fight the British all day long as they march down Monotony Road to and from Concord. Adam cracks the door to manhood by signing the muster book at dawn; by dusk he has stepped through and slammed the door behind him. Moses Cooper has always maintained that his eldest son, Adam, was a dreamy, fool-hearted, and Immature boy. Moses begins to see that his son is becoming a man when Adam steps up to sign the muster book In the town hall, and by only looking his father in the eyes, Said more than all the words that ever passed between us. Moses Cooper takes the first step in allowing his son to embark on his own journey, by allowing Adam to sign the muster book and join the rest of the men n the common at Lexington that morning. Little does Moses know at the time that he will only be allowed to make this one gesture for Adam to become a man. However, as Moses is never able to allow his son to take another step towards manhood, this gesture is also his first and his last. The American Revolution was a long time brewing here In what used to be the colonies, but with one shot fired at Lexington Green, the Revolution was in full swing. Six men died for their country and their cause In the period of about ten minutes at Lexington, and after that over a thousand British troops were killed over the period of about twelve hours. Although the war Itself lasted over a period of years, the battle of Lexington and Concord were sitting in anticipation for hours waiting for the British to earlier. Although at ten Declining tender was no Intention AT a war, ten Americans started a war with one simple act of defiance by standing on their common and refusing to move, thereby provoking the British Army to fire upon the men. The book April Morning begins at dusk on the evening of April 18th, 1775, and continues on for 202 pages to the evening of April 19th, 1775. During that 24-hour period, a boy becomes a man, the greatest Revolution of all time starts, and the story of the United States begins. However, up until page 50, or h of the book, not one of the above events has taken place. Adam speaks about things that mean very little in the scheme of the book, and not until page 55 that anything significant in the scheme of the book occurs. However, after page 55, Howard Fast throws you into the story like a bullet being shot out of a gun, and in order to fully comprehend everything that happens, you have read those 150 pages at least twice. The book is highly interesting and informative, but the author brings you into the story slower than a snail.

Adam Aircraft Essay Example | Topics and Well Written Essays - 2500 words

Adam Aircraft - Essay Example The strategies of the company were typically customer oriented that were endeavored towards producing light, comfortable, affordable and fast aircrafts. Findings The company faced many severe challenges. One of the prime challenges faced by the company was the availability of limited fund. The aspects of inadequate time and lack of skilled workforce were the other vital challenges for the company. At the same time, the company realized that in order to succeed in aircraft industry, it must develop new and innovative products. Recommendations Addressing the challenges faced by the company, certain recommendation have been given. In this regard, the company must cautiously utilize the available time and funds. Any kind of wastage within the company should be quickly curtailed. Further, it should seriously consider the rules and regulation prescribed by FAA in order to prevent any delays during the work process. Table of Contents Memo 2 Table of Contents 4 Introduction 5 Thesis Statemen t 5 Identification and Evaluation of the Company’s Existing Mission, Objectives and Strategies 5 Identification of the Key Strategic Issues (Problem Statement) 7 The Causes of the Problem 8 Identification of the Key Inferences and Assumptions 9 Alternative Solutions 10 Recommendations 12 Conclusion 15 Works Cited 16 Introduction Rick Adam, a successful entrepreneur who had a passion for flying, founded Adam Aircraft Company in the year 1998. Adam identified the market needs and conducted an efficient market research as well as analysis; as the result of his efforts, Adam Aircraft was founded. Rick Adam’s passion for flying has developed since his childhood - he got inspiration from his father, George Adam Sr who had served as an Air Force Officer during the World War II (Hedberg and Hamilton, â€Å"Adam Aircraft†). Thesis Statement This paper is all about making a thorough analysis of the case study relating to Adam Aircraft Company by concerning certain signifi cant aspects. In this regard, the aspects include the identification as well as the evaluation of the company’s existing mission, objectives and recognition of chief strategic issues along with the reasons for the problems. Various aspects such as the identification of the key facts and the assumptions drawn from the aforementioned aspects, proposition of alternative solutions and specific recommendations for action will also be portrayed in the paper. Identification and Evaluation of the Company’s Existing Mission, Objectives and Strategies During the period of the establishment of Adam Aircraft, it has been viewed that the airplane market possessed high entry barriers and required to invest huge capital in order to formulate as well as to implement effective business strategies. In this similar context, Rick identified the pitfalls associated with aircraft manufacturers that included the problems relating to aircraft designing, building and certifying new aircraft. F urthermore, he also identified the prime reasons behind the success and the failure of those companies who had entered the aircraft manufacturing industry with high enthusiasm. The detailed analysis of these significant factors ultimately led him towards recognizing new as well as innovative ways for entering into the aircraft industry. Rick founded the company with the purposeful mission of delivering quality and efficient products or services to its potential customers and ensuring greater customer satisfaction by meting their respective expectations and needs. At the same time, the objectives of the company were to manufacture and deliver advanced aircraft support structure sin the finest way to its valuable