Flow

empirical correlations with claimed accuracy for the average Nusselt number is used for heat transfer analysis in natural convection expressed as where and are the constants depending on the geometry of the surface and flow regime. For value of for laminar flow and turbulent flow are usually equal to and , respectively (Cengel, Y.A. 2007). 3.2 Basic Heat Transfer Heat is normally absorbed or rejected by a working substance at a constant pressure. The heat transferred without a phase…

Assignment 2: Question 2 Working capital management looks at the relationship between a firm's short-term assets and its short-term liabilities. The main goal of working capital management is to ensure that a firm has adequate cash flow for their operations and has the most productive use of their resources. Net working capital is the excess of current assets over current liabilities. Since current assets can be financed by either current liabilities or long term funds, the excess of current…

2. Statement of changes in Financial position It includes a Funds Flow Statement and a Cash Flow Statement. Funds flow statement shows the sources and applications of cash and cash equivalents during a period. Objectives of preparing a Financial Statements (i) To present a true and fair view of the financial performance (i.e.…

is to determine whether Ocean Carriers should launch the two year production of a new capsize carrier incurring costs of $39 million. To thoroughly analyze this decision, various factors should be considered such as net present value of future cash flows, current and future expectations of supply and demand determining costs of production and expected revenues from future orders. It is recommended to minimize costs that Ocean Carriers consider producing the capsize carrier in Hong Kong as it…

According to the Hoyle, Schaefer, and Doupnik (2013), “budgeting is an essential element of the financial planning, control, and performance evaluation processes of many” businesses and government entities (p. 706). Even though historical information is used to forecast activities, a budget is a tool to plan future transactions (Boyd, 2013). As a result, firms must use various budgets, such as operating and financial budgets to outline an organization’s financial plan. The primary purpose of…

2.2. Concept of Madhab’s Hat curve of Reliability By using the above data, Mean Time Between Failures and the Reliability for each year has been calculated as shown in the Table 2. As explained earlier the reliability has been calculated by using failure data method. Like Bath Tub curve we can put the data of Reliability for all the years in MINITAB software and after putting the data we got a curve which is shown in the figure - 3. If we observe closely we can mark the curve looks lika a Hat.…

= Liability + Equity Before the transaction £61,135 = £11,900 + £49,235 After transaction £61,135 + £9,000 = £11,900 + £10,000 + £49,235 - £1,000 Note: That option is not recommended for 2 – year interest pay of 10% so the cash flow will decrease with £1,000 per annum. OPTION 3: Selling unused appliances worth £3,000 at their net realizable value, with no profit made on disposal and issuing an additional 2000 shares at £3.50 per share A. Accounts affected: cash, equity,…

6404 Economics of the Public Sector Semester 2, 2015 Student: u3102883 Week 10 Tutorial 6  Consider two projects, A and B, with capital costs of $100 million and $20 million respectively. Given an opportunity cost of capital of 7 per cent, A provides an NPV of $30 million. B provides an NPV of $10 million. Explain why A is better than B, although it costs five times as much and produces only three times the net benefit. Net present value method calculates the amount invested today…

Store’s business plan is the financial plan. This section lays out the investment opportunity and all of the costs associated with it as well as how the business will formulate a profit. It contains such items as income statements, balance sheets, cash flow analysis, cost control, and more. Other pertinent information is contained in the appendix of the business plan. This section is important because it goes into much more detail the information that may not have been included in the other…

Typically, it is easier to obtain lease financing than loans from commercial lenders. It makes cash flow management easier because we will have to pay regularly at the same rate. It is cheaper and easier than some other sources because we don't need to pay the entire amount upfront. Leasing is inflation friendly: as the costs go up over five or ten years…