| Papers [1-15] of 100 :: [Page 1 of 7] | | Go to page : 1 2 3 4 5 6 7 —> | Search results on "CAPITAL BUDGETING DECISIONS": |
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Capital Budgeting Decisions, 2007.
A case study analysis of capital budgeting decisions for the purchase of new equipment.
1,143 words (approx. 4.6 pages), 4 sources, MLA, $ 39.95
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Abstract
This paper addresses how financial managers make the tough decisions between interesting and profitable projects for a corporation to invest in. The paper presents a two-part case study. Part I addresses the purchase of new equipment. It presents an analysis, using net present value (NPV), internal rate of return (IRR) and payback and discusses how to determine if this new machine purchase is one that the company should pursue. Part II discusses what method (NPV or others) is the best method to use for capital budgeting purposes.
Table of Contents:
Part I
Part II
From the Paper
"If two investments, X, and Y, are mutually exclusive, then accepting one of them means we cannot accept the other. Given that, a question always arise, as to which one is best? The answer is simple though: the best one is the one with the largest NPV. Can we also say that the best one is the one with the highest IRR? The answer is no. As we have stated earlier, the IRR is biased towards projects with higher initial cash flows, hence the IRR would be higher for those projects whose initial cash flows are higher, yet that does not necessarily mean that those projects would have the higher NPV. Here, we must consider a very important point: the bottom line for any capital budgeting decision is accepting the project that would create the highest added value for shareholders, hence the higher the NPV, the more attractive the investment (Ryan, 2002)."
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Capital Budgeting, 2005.
A look at capital budgeting within project analysis.
1,125 words (approx. 4.5 pages), 5 sources, $ 44.95
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Abstract
This paper deals with the project of purchasing a new investment and also analyzes the way companies look at the analysis of projects. It also examines how in addition to the facilities improvements, companies must assess the positive or negative projects.
From the Paper
"Each year companies must develop elaborate budgeting plans, which take into consideration company forecasts and corporate planning objectives. The purpose of planning objectives deals directly with programs and project analysis. In doing so management ultimately will have a schedule providing estimated life spans and maintenance costs for all equipment currently being used. This is true in any businesses from manufacturing facilities to that of a lawyer's office where the goal is to replace the copy machine, which has already out lived its expected life (Horngren & Sundem, 1990, p. 390). However the questions then become, how much should a budget allow for the project to be completed and is it truly necessary? "
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Capital Structure and Budgeting, 2002.
A paper which examines the components and calculations of weighted cost of capital using a case study format.
2,225 words (approx. 8.9 pages), 6 sources, APA, $ 69.95
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Abstract
This paper examines a method for estimating targeted capital structure using data extracted from a firm?s financial statements. The weighted cost of capital (WACC) with its components: debt, common and preferred stock are calculated. The cost of retained earnings is calculated and explained. Issues regarding the computation of net present value (NPV) and internal rate of return (IRR) are explored in relation to capital budget questions. Additional issues management should evaluate when considering capital expenditures are discussed.
From the Paper
"For most firms the ?average cost of capital? is the combined cost of capital raised from the sources that the firm uses (Brigham & Ehrhardt, 2002a, p. 421). Each capital component will have its own minimum rate of return, expected by the investors, who provide that form of capital (p. 421). This combined capital cost is termed the ?weighted average cost of capital? or WACC (p. 421). Typically capital is obtained from the components of debt (preferred and common) and stock (p. 420)."
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Capital Budget in Recreation, 2007.
An analysis of the factors affecting capital budgeting in the recreation industry.
1,267 words (approx. 5.1 pages), 3 sources, MLA, $ 42.95
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Abstract
This paper discusses capital budgeting within the recreation industry. It discusses the areas that businesses need to focus on in order to be competitive, such as corporate culture, product mix, prices, promotion strategy and the place where the company competes. The paper presents City Point Club as an example to describe strategic investment decisions and capital budgeting.
From the Paper
"In order to compete in the tightening market for almost every industry, each big and (even at a greater degree) small company must constantly improve the business mix of the company, corporate culture, product mix, prices, promotion strategy, place where it competes and the other essential attributes. In order to fulfill these tasks, the management must constantly have sufficient resources to be able to single out promising innovative investment ideas, implement them and then receive the rewards of the profits . The management must always be at least two steps ahead of the competition and of the tastes and perceptions of the customers in order to be able to satisfy the changed demand of the sophisticated clientele when the tastes shift."
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Capital Budgeting, 2002.
4,900 words (approx. 19.6 pages), 14 sources, $ 178.95
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Abstract
This paper describes the process of capital budgeting in firms and outlines the strategies of implementation.
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International Capital Budgeting, 1997.
Examines global impact of investment decisions related to assets. Competition, risks, objectives, intellectual property and legal issues.
1,800 words (approx. 7.2 pages), 8 sources, $ 63.95
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From the Paper
"INTERNATIONAL CAPITAL BUDGETING
Introduction
The purpose of this research is to examine the application of capital budgeting on an international scale. Capital budgeting involves the making of investment decisions related to assets. The ?capital? in capital budgeting refers to the investment of resources in assets, while the budgeting refers to the analysis and assessment of revenue inflows and outflows related to the proposed capital investment over a specified period of time. The purpose of capital budgeting is two-fold. First, the process must determine whether or not a proposed capital investment will be a profitable one over the specified time period; and, second, the process must provide management with a means of selecting between investment alternatives. It is essential for.."
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State Budgeting vs. Federal Budgeting, 2002.
This paper details, compares and contrasts the different processes involved in budgeting on the state level and on the federal level.
1,109 words (approx. 4.4 pages), 3 sources, MLA, $ 38.95
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Abstract
This paper, using Pennsylvania as a model, demonstrates the differences between state budgeting policies and federal budgeting policies. It shows how the budgeting techniques in the federal government have some major differences, when compared to those in the Pennsylvania State government; these differences include a lack of a separate capital budget, different budget cycles and timelines, and budgetary policy differences.
From the Paper
"The federal government uses only one budget to lay out its financial obligations, whereas Pennsylvania uses two separate budgets. The single operating budget used by the federal government is required to outline federal expenditures from purchases to service contracts. Pennsylvania, however, has one budget that outlines services, entitlements and education expenses, and a different budget to make new purchases on capital improvements. The former is called the General Fund, and the latter is the Capital budget. Pennsylvania uses two budgets because the General Fund is used for purchases and contracts that will take place within that fiscal year, and the Capital budget is used to forecast capital purchases in the next five years. In this manner, Pennsylvania can keep better track of its assets and have a tighter grip on where its money is spent. The biggest advantage to having a separate budget for capital improvements is it allows the possibility of change. When funding is appropriated on the federal level, the department gets its money all at once and builds whatever it needs. For a state, though, a program may be feasible at the time of its announcement, but may have to be restricted due to extenuating circumstances (i.e. September 11th and the economic downfall.) "
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Budgeting, 2002.
This paper discusses capital budgeting in general temrs.
900 words (approx. 3.6 pages), 3 sources, $ 35.95
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Abstract
This paper contrasts capital budgeting in business with capital budgeting in government.
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Balancing the Budget and Politics, 2002.
A paper which studies governmental budgeting and the decision-making processes.
2,000 words (approx. 8.0 pages), 4 sources, MLA, $ 63.95
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Abstract
An exploration into the decision-making processes in governmental budgeting. The writer of the paper studies several concepts to explain the budget process, how decisions affecting it, or affected by it, are made and what role policy plays in the whole system.
From the Paper
"Within an anarchy organization, decisions are made in one of three ways: by resolution, oversight or flight. A decision by resolution indicates that the decision resolves a problem and is usually only reached after significant amounts of work. Oversight decisions are said to be made when decisions made regarding other problems result in making the decision for the decision-makers. Finally, flight decisions are those which leave the problem unresolved and the choice intact. Unfortunately, oversight and flight decisions are the most common type of decisions made when it comes to budgeting."
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Working Capital Strategies, 2008.
This paper is a research proposal on the risk and opportunities of working capital, working capital management, cash conversion cycle and credit management, among others.
4,739 words (approx. 19.0 pages), 15 sources, APA, $ 121.95
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Abstract
This paper is a research proposal that discusses Lawrence Sports, a company that manufactures and distributes sports equipment and protective gear. Lawrence has a cash flow problem because largest customer, Mayo Stores is not paying on time. This paper benchmarks other companies to determine an alternative solution which will enable the company to improve its overall cash flows. The paper introduces research that assesses the risks and opportunities of working capital, working capital management, cash conversion cycle, credit management, and short-term financing/debt reduction to prepare for long-term opportunities, cash flow, and identifies the best practices in working capital management. Also, the paper has a large appendix with information from multiple companies.
Outline:
Abstract
Introduction
Conclusion
References
Appendices
Borders
General Electric
Magna Entertainment Corporation
Fleetwood Enterprise
Wal-Mart
Starbucks
Graham Manufacturing
Dell Computers
From the Paper
"In addition to the other working capital issues identified, Lawrence Sports also is experiencing issues with its cash conversion cycle. Currently, Lawrence is using short-term financing in the form of cash from operations and a bank line of credit to not only finance short term assets such as inventory but also ongoing operations. Doing so places a significant pressure on the company to convert cash quickly. Benchmarking two other companies who have successfully controlled their cash conversion cycle could lend insights to Lawrence on how its CCC may be improved.
"Graham Manufacturing had a CCC of 134 days in 2004. By reducing the amount of time to collect 42% in 2007 and 37% in 2006 as well as increasing the amount of customer deposits prior to delivery of product Graham reduced its CCC down to 46 days by Q1 FY08. Following Graham's example Lawrence Sports could reduce its CCC by requiring Mayo, its largest customer, to pay more than 20% at the time of order. Additionally, Lawrence should focus on faster collections just as Graham did successfully. Such a plan could take the form of discounts for prompt payment or negotiate an interest charge for delayed payment."
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Working Capital Strategies, 2008.
This paper is a research proposal on the risk and opportunities of working capital, working capital management, cash conversion cycle and credit management, among others.
4,739 words (approx. 19.0 pages), 15 sources, APA, $ 121.95
»
Click here to show/hide summary
Abstract
This paper is a research proposal that discusses Lawrence Sports, a company that manufactures and distributes sports equipment and protective gear. Lawrence has a cash flow problem because its largest customer, Mayo Stores, is not paying on time. This paper benchmarks other companies to determine an alternative solution which will enable the company to improve its overall cash flows. The paper introduces research that assesses the risks and opportunities of working capital, working capital management, cash conversion cycle, credit management, and short-term financing/debt reduction to prepare for long-term opportunities, cash flow, and identifies the best practices in working capital management. Also, the paper has a large appendix with information from multiple companies.
Outline:
Abstract
Introduction
Conclusion
References
Appendices
Borders
General Electric
Magna Entertainment Corporation
Fleetwood Enterprise
Wal-Mart
Starbucks
Graham Manufacturing
Dell Computers
From the Paper
"In addition to the other working capital issues identified, Lawrence Sports also is experiencing issues with its cash conversion cycle. Currently, Lawrence is using short-term financing in the form of cash from operations and a bank line of credit to not only finance short term assets such as inventory but also ongoing operations. Doing so places a significant pressure on the company to convert cash quickly. Benchmarking two other companies who have successfully controlled their cash conversion cycle could lend insights to Lawrence on how its CCC may be improved.
"Graham Manufacturing had a CCC of 134 days in 2004. By reducing the amount of time to collect 42% in 2007 and 37% in 2006 as well as increasing the amount of customer deposits prior to delivery of product Graham reduced its CCC down to 46 days by Q1 FY08. Following Graham's example Lawrence Sports could reduce its CCC by requiring Mayo, its largest customer, to pay more than 20% at the time of order. Additionally, Lawrence should focus on faster collections just as Graham did successfully. Such a plan could take the form of discounts for prompt payment or negotiate an interest charge for delayed payment."
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Human and Physical Capital, 2002.
Examines which is more important for economic growth - human capital or physical capital.
3,150 words (approx. 12.6 pages), 6 sources, $ 115.95
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Abstract
It is the objective of this paper to highlight the exigency of the ionisation between human capital and endogenous economic growth. A brief digest of the evolution of modern growth theory will be provided, with particular attention being paid to growth models that account for the importance of human capital in the contemporary economic environment. The analysis of this paper will remain limited to the importance of human, and to a lesser degree, physical capital, in economic development.
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The Budgeting Process and Management, 2006.
A paper explaining how the budgeting process affects both the planning and the controlling aspects of management.
1,405 words (approx. 5.6 pages), 5 sources, MLA, $ 46.95
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Abstract
This paper explains that the budgeting process is not only a management planning tool in that it allows the project manager to figure what resources he has at his disposal and what costs are associated with the project being worked on, but is also a means of controlling a project as it allows the manager to see that resources are are used as anticipated and that the project comes in within its parameters. In particular, the paper takes a look at the capital budgeting process and all that it entails as well as how important it is to the successful completion of a project.
From the Paper
"These estimating methods apply to all forms of budgeting on the project, but they are especially useful in dealing with capital assets and expenditures. Manpower is one of the crucial needs of any project. Without the number and quality of workers required, the project will fail. This involves a variety of capital expenditures. Among them are salary, taxes for the workers such as FICA and income withholdings, and medical and other benefits. The manager must determine what skills are needed, and how many workers in each skill area so that the levels of necessary compensation can be computed. Also necessary in this regard is a good estimate of how many manhours in each salary range will be required for completion of the task. Such costs are built in to any project, and represent one of the major areas of capital investment."
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Capital Punishment, 2005.
This paper discusses the problems of juveniles who commit capital crime, and the use of capital punishment for this age group.
1,610 words (approx. 6.4 pages), 4 sources, MLA, $ 52.95
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Abstract
This paper explains that the recent Supreme Court opinion for Roper vs. Simon mandated that juveniles who were sixteen and seventeen at the time of their crimes could no longer be legally sentenced to be executed. The author points out that the issue of immature brain of even older teens does bring enough of a question into a minor's ability to make rational decisions. The paper stresses that juveniles should never be executed and the efforts to attempt to rehabilitate should always be applied.
Table of Contents
Introduction
Trends in Capital Punishment
Sentencing
Crime by Juveniles
Debate
Conclusion
From the Paper
"Criminal history plays a strong influence on the sentencing guidelines based on the fact that repeat offenders are often considered to be more dangerous to society. But, however real or unrealistic it is, the overall objective of sentencing is to always rehabilitate the perpetrator - even life sentences. Life imprisonment does have a light at the end of a tunnel in many cases and has statistically been considered to be a sentence of approximately twenty years behind bars. The exception to rehabilitation is of course the capital offense that requires execution."
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Capital Investment Decision Making Methods, 1994.
This paper discusses capital investment decision making methods as a means to minimizerisk under uncertain economic conditions: Budgeting, return analysis, cost, goals, Efficient Frontier and timing.
2,250 words (approx. 9.0 pages), 19 sources, $ 79.95
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From the Paper
"This research examines the process of business capital investment under conditions of uncertainty. Capital investment decision-making methods that accommodate conditions of uncertainty are reviewed.
Background
Effective and efficient decision-making is important in the capital investment process because financial resources are typically scarce.. Conditions of uncertainty, competing goals, and utility tend to complicate the decision-making process.. The selection from among alternatives in the capital investment process is generally referred to as capital budgeting. Capital budgeting involves the making of investment decisions related to fixed assets ... "
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