Specious present

In my current job in the petroleum industry where we sell and buy fuel and lubricants, the concept of account payable is applicable in the following ways. • We do get goods sometimes on credit from our suppliers of fuel and pay at a later time if we do not have all the cash required to procure the number of litres we require • Within a period agreed with our supplier, usually 7 calendar days, we make payment in full for the balance of the cash outstanding • If by any chance we did not make…

Q1. Income $760 Taxes to Government $100 Consumer spending $560 Gross investment $110 Depreciation $40 Government Spending $130 1) GDP=$(560+110+130)= $800 Household savings =$(760-100-560) = $100 2) For this closed economy which is inherently self-sufficient and removed from the rudiments of import and exports the leakages are the savings and the taxes and the injections are the investment and the government spending. The relationship between the leakages and the…

1. Growth Vs. development: Growth • Growth is quantitative term, which is concerned with the material and financial aspect i.e. income of the individual. It is measured in per Capita income and GDP. • Growth is Natural term, by certain time it will happen without any forces. • Growth of an economy means increase in production for market or any institution. • Growth may lead to development. But is not necessary. • Growth is concerned with increase in the economy's output. Development •…

Out of 22 respondents, 8 answered that they were spending Php 5,001 – Php 15,000 (36.36%)for their basic needs. Another 8 responded that they spent Php 15,001 – Php 25,000 (36.36%). 6 said that they were spending over Php 25,000 for their basic needs (27.27%). The result of the survey showed that half of the respondents were spending Php 5,001 – Php 15,000 for one year to obtain CPD units (50%). 3 answered Php 5,000 (13.64%). Another 3 responded that they spent over Php 25,000 for CPD units…

External Analysis Porter’s Five Competitive Forces: Threat of New Entrants - Low For a new company to successfully enter the Integrated Oil & Gas Industry there is a requirement for significant capital investment in specialized machinery and equipment, skilled labor, and technology. After undergoing these initial sunk costs, a company will incur substantial costs associated with finding reserves, drilling, and developing these reserves. The industry is dominated by large firms that have…

Part 2 “Discounted Cash Flow (DCF) as a capital investment appraisal tool suffers from a number of major limitations” (ADLER 2006, p.4) This statement was made ten years ago- critically evaluate the relevance of the statement in today’s financial world indicating whether you agree or disagree with the statement made. Support your answer with relevant (appropriately referenced) peer review literature. (1500-2500 words) Introduction Discounted Cash Flow is a statistical analysis method to…

Do you ever feel like you're living the same day over and over again? Phil Connors (Bill Murray) can relate with the 1993 film “Groundhog Day”. This film written by Harold Ramis is a romantic comedy that keeps the audience guessing, but also makes them reflect on themselves. Phil is a stuck up guy, that only worries about his own problems and doesn’t think about how he is affecting other people’s lives. Phil, a weatherman, is sent on assignment to cover the annual Groundhog Day festivities in…

The main character Scrooge is a guy who is mean and disrespectful in the begging of the whole story. His name Scrooge means that he is a hard hearted person. His friend Marley was a women who was his business partner who had died in the story represents mankind. The ghost that visits Scrooge means memory, charity, and fear of death. Charles Dickens reminds his readers throughout the story that you should notice the crowd and group of people that you hang out with. In the opening chapter or…

LASA 1 – Financial Decisions Net Present Value Net present value is a numerical calculation that shows the present value of an investment based on expected income from that investment in future years minus the cost of the project. Net present value is calculated by dividing the expected income of a project in each future year by a term equal to one plus a discount rate raised to a power equal to the year. The totals for each year then are added together, and the initial cost of the project is…

A Christmas Carol is a over 100 year old book yet people still find joy in reading it. Scrooge changed a lot between the beginning and the end of the christmas carol. The real change was the ghost of christmas past showed him his younger self sitting at his school all alone. In the beginning of the novella scrooge sees himself as a neglected lonely young boy. Seeing how miserable he was makes him start thinking about his own actions and how they affect others. “ ‘The school is not quite…