the basics of personal finance

... the genesis of various schemes of investments; and 4) the expansion in scope of enforcement activities. The resultant effect of the implementation of these developments was the expansion of the bureaucratic ... a greater degree of control, especially for the lower classes and secondly, to examine the social control of personal finance beyond the scope of the CPF to elucidate the role of the life insurance ... utilized for the housing expenditures, and the social control of personal finance was consolidated within the hands the State. The first section of this chapter examines the question of why such

Ngày tải lên: 16/10/2015, 15:36

... independent, if the cash flows of one are  unaffected by the acceptance of the other.  mutually exclusive, if the cash flows of one  can be adversely impacted by the  acceptance of the other. Trang ... Reason:  Companies want to avoid the direct costs (i.e., flotation costs) and the indirect costs of issuing new capital  Solution:  Increase the cost of capital by enough to reflect all of these costs, and then accept all projects that still have a positive NPV with the higher cost of  ... budgets as being risky, which drives up the cost of capital (More ) Trang 42  42 If external funds will be raised, then the NPV of all projects should be estimated using this higher marginal cost of  capital Trang

Ngày tải lên: 16/01/2020, 19:33

... on the trade-offbetween the potential profits and the costs of borrowing • Expectationsabout the future profitability of current investments adjusts the level of investment • Crowding outis the ... on the price they must pay • The interest rateis the price of borrowing money for a specific period of time – It is expressed as a percentage per dollar borrowed per unit of time. The price of ... right to a share of profits in the future. – When you purchase insurance, you pay premiums now in return for the right to submit a claim for compensation in the future. The role of financial markets

Ngày tải lên: 14/10/2020, 14:25

... internal rate of return of 18 percent, while Project B has an internalrate of return of 30 percent The two projects have the same risk, thesame cost of capital, and the timing of the cash flows ... series of positive cash flows One ofthe projects, however, is much larger than the other If the cost ofcapital is 16 percent, the two projects have the same net present value(NPV); otherwise, their ... beta of 1.6 Assume that the stock market is efficient Which of the following statements is mostcorrect? a The required rates of return of the two stocks should be the same b The expected rates of

Ngày tải lên: 22/11/2016, 11:02

... the software and leads the student through a hands-on introduction to the various features of the software designed to facilitate the setup of simple problems Features such as the ... of the proprietary nature of the software, I have described the functionality One should recognize that Aspen Plus is proprietary software and that the source... resides on the ... button on the main Aspen Plus display The philosophy of the book is based on the idea that once a chemical engineer becomes thoroughly facile in the use of the software and

Ngày tải lên: 01/04/2014, 10:57

... when the company wants toknow if the expected value of the cash flows is greater than the cost of theproject, and whether or not the expected rate of return on the project exceedsthe cost of the ... Project A is the superior project.10-17 Since the IRR is the cost of capital at which the NPV of a projectequals zero, the projects inflows can be evaluated at the IRR and thepresent value of these ... with the number of years the project lasts and theMIRR, to solve for the initial present value of the cash outflows One of these cash outflows occurs in Year 0 and the remaining value must bethe

Ngày tải lên: 01/07/2014, 21:28

... Transportation Professionals The Basics of Telecommunications Final Report September, 2004 Trang 2Notice This document is disseminated under the sponsorship of the Department of Transportation in the interest ... Background 186 The System - Existing 188 The System - New 191 City of Irving Texas 193 Background 193 Proposed Update 194 5.8 GHz Attributes 196 Theory of Operation 197 The Irving Proposal ... to describe t he configuration of a cable The expression is often used in the following manner: “The cable is available in 5000 foot “put -ups ” Trang 27numb ers of fib er st rands wi ll requi

Ngày tải lên: 05/07/2014, 00:21

... adequacy of the control systems designed, in place and operated in these areas for the purpose of minimising the risk of any breach of data protection regulations Risks associated with the storage, ... IAUs of areas within their organisations which are responsible for the storage, handling and protection of personal data The particular focus of any review by IAUs would be on assessing the adequacy ... strict procedures with regard to accessing personal data by way of formal contract in line with the provisions of the Data Protection Acts The terms of the contract and undertakings given should

Ngày tải lên: 09/08/2014, 07:21

... protecting the data (e.g. on confirmed receipt of the data); · The method of secure disposal of the transfer media and the timeline for disposal; · The method for highlighting breaches in the transfer ... individual. The responsibility for the physical safeguarding of the device will then rest with that individual; 10. Laptops must be physically secured if left in the office overnight. When out of the ... Hard Drives, etc.) The use of laptops, USB memory sticks and other portable or removable storage has increased substantially in the last number of years. Likewise, the use of personal communications

Ngày tải lên: 09/08/2014, 07:22

... severity of the spill The purpose of contingency plans is to coordinate all aspects of the response to an oil spill This includes stopping the flow of oil, containing the oil, and cleaning it up The ... serious As the seriousness of an incident is often not known in the initial phases, one of the first priorities is to determine the magnitude of the spill and its potential impact Alerting the first ... contingency plan for this phase of the operation and the importance of a high level of training in first response Stopping the flow of oil is a priority in the first phase of the operation, although

Ngày tải lên: 11/08/2014, 04:20

... from washing over the top of the boom The term freeboard is also used to refer to the height from the water line to the top of the boom The skirt is the portion of the boom below the floats or flotation ... the amount of flotation and the weight of the boom This means that the float must provide enough buoyancy to balance the weight of the boom with the force exerted by currents and waves, thereby ... by the reserve buoyancy and the flexibility of the boom A boom with good heave response will move with the waves on the surface of the water and not be alternately submerged and thrust out of the

Ngày tải lên: 11/08/2014, 04:20

... including the thickness of the oil being recovered, the extent of weathering and emulsification of the oil, the presence of debris, and weather conditions at the time of recovery ... percentage of oil in the recovered product The higher the value, the less the amount of water and thus the better the skimmers’ performance so the ship can withstand severe weather ... variety of factors including the type of oil spilled, the properties of the oil such as viscosity, the thickness of the slick, sea conditions, wind speed, ambient temper- ature, and the presence of

Ngày tải lên: 11/08/2014, 04:20

... truck. The vacuum pump creates a vacuum in the tank and the oil moves directly through a hose or pipe to the tank from the skimmer or the source of the oil. The oil does not go through the pump, ... tanks are often used as separators, with outlets installed on the bottom of the tanks so that water that has settled to the bottom of the tank can be drained off, leaving the oil in the tank. ... of hydrocarbon fuels. Often the equipment at refineries cannot handle oils with debris, excessive amounts of water, or other contaminants and the cost of pre-treating the oils can far exceed the

Ngày tải lên: 11/08/2014, 04:20

... type of dispersant applied, sea energy, salinity of the water, and water temperature The composition of the oil is the most important of these factors, followed closely by sea energy and the amount ... yield the same amount of dispersion as when the sea energy is high The effect of sea energy when the same amount of dispersant is used on several different types of oil is shown in Table 9 In the ... rapid clearance of the oil in the dispersant drop zone without the formation of the usual white to coffee-coloured plume in the water column This is very detrimental and wastes the dispersant

Ngày tải lên: 11/08/2014, 04:20

... technique, the integrity of the source of the spill and the possibility of further spillage is always a priority. If there is any possibility that the fire could flash back to the source of the spill, ... content in the oil did not affect either the ignitability of the oil or the efficiency of the burn. Chemical emulsion breakers can be used to break down enough of the emulsion to allow the fire to ... oxygenation of the oil. Similar analysis of the residue shows that the same minority compounds are present at about the same levels. The bulk of the residue is unburned oil without some of the volatile

Ngày tải lên: 11/08/2014, 04:20

... characteristics of the shoreline, and others to conditions at the time the oil is deposited on the shoreline, such as weather andwaves These factors include the type and amount of oil, the degree of weathering ... composition, the type and sensitivity of biota on the beach,and the steepness of the shore Other important factors are the existence of a high tide berm on the beach,whether the oil is deposited in the ... degree of weathering of the oil, both before it reaches the shoreline and while on the shoreline, thetemperature, the state of the tide when the oil washes onshore, the type of beachsubstrate,

Ngày tải lên: 11/08/2014, 04:20

... in the truth of what is taught. One of the problems with doubt is that we normally require proof of the validity of the teachings. Yet the problem with this particular stance is that the ... proof of the pie is in the eating”. If you do not eat it, no amount of description about the pie by another will give you the taste of the pie. In order to know this path, you must walk the ... Although the gift they received may be small or of little value, they are thankful to have received them. According to the Law of Sympathetic Resonance, like attracts like. This sense of gratitude,...

Ngày tải lên: 15/12/2013, 06:15

... true, hence the term "balance" sheet. The value of the assets equals the amount of money borrowed by the company plus the value of the owner's investment in the company. The stockholders' ... estimate of the value of those assets for the remainder of their useful lives. These principles will also be important in the next section as we analyze the Cash Flow Statement. • On the Income ... On the Balance Sheet, it is the sum of all depreciation charges over the life of the fixed assets. On the Income Statement, it represents the portion of the value of a fixed asset that has been...

Ngày tải lên: 22/12/2013, 16:15

... grand- mothers as the appropriate source for the intervention. The grandmothers who participated in formative research developed the chitterlings cleaning method for their peers. Having the grandmothers ... by offering the audience benefits they want in return for making the desired behavior change. For example, you give them a sense of being cool and accepted by their peers if they give you themselves ... transmission?” The women in the focus groups identified hygiene breaks, either during refrigeration or during the long hours of cleaning the chitterlings, as the likely method of transmission...

Ngày tải lên: 18/02/2014, 02:20