Essays on Salvage

Stakeholders are the one that are affected by the business and financial decisions of the firm. Here, both the internal management and the external shareholders of the company, will be the stakeholders, as the malfeasance activity planned by Jerry Prior will negatively affect them. As for the external stakeholders, the shareholders of the company, taxing authorities and the local community, will be affected as Jerry’s action is an act of duping them by fabricating accounting figures. Similarly, the internal management and the other employees will also be affected as once this malfeasance act is revealed, they might witness ...

Introduction

Capital budgeting assists sports organisation in assessing the viability of their proposed long-term investments (Chandra, 2014). Sports organisations also need to invest in capital projects for expansion as well as to improve the efficiency of their operations. Extreme Sports Company operates a sports training complex with a fitness centre, motorsport cars for hire, among other services. The company has some money to invest in the expansion of either the fitness centre or the motorsport unit. This paper highlights how the company can use capital budgeting techniques to evaluate the two investment options.

Details of the two projects

The motorsport car will cost $200,000 ...

The crash of Air France 447 is considered the biggest disaster ever to hit Air France and Airbus since the beginning of their venture into this industry. All of the 228 passengers and crew of the flight were killed in this accident (Palmer, 2013). Due to the delay in the recovery of the black box from the ocean bed, the investigations and final report, published by BEA, took nearly three years for completion (Jonathan, 2011). The final investigation revealed that the accident occurred due to the inconsistent data indicated by the FMC (Flight Management Computer System) regarding the fluid ...

The issues faced by the Indian River Lagoon is quite similar to that of many rivers, lakes, and even oceans from various locations of the world. The steady decline in the marine population of the lagoon escalated to alarming rates by the end of the last decade. A few legislations that were passed in the early nineties to limit trawling in the estuarine region and as well as the direct dumping of untreated sewage wastes, had proved effective in the past. But later into the decade, the rescue efforts to salvage the lagoon and the ecosystem associated with it, ...

About the report

The report is based on our assistance given to Wheel Industries where we have analyzed the long term investment opportunities available with the company using the techniques of capital budgeting. To facilitate better understanding for our readers, we have included all the calculations within this report while every calculation is explained comprehensively.

Project Details

Wheel Industries is considering a three-year expansion project, Project A. The project requires an initial investment of $1.5 million. The project will use the straight-line depreciation method. The project has no salvage value. It is estimated that the project will generate additional revenues of $1.2 million per ...

Evaluation of franchise investment

The franchise investment project is evaluated based on the net present value and the internal rate of returns. The available information is used to determine the NPV and IRR of Schneller Zug and Kyuko Densha. The two measures are used to assess whether each project is viable. NPV and IRR also help in choosing the better project between the two. NPV and IRR are determined using the cost of capital for Javelin Railway Co.

Determination of the cost of capital

The cost of capital is the return investors require from investment to secure funding. It is the minimum return projects must generate to be funded ...

Business Plan

Executive Summary 3 1.0 Introduction 4 2.0 Operations plan 5 2.1 Location and facilities 5 2.2 Business processes 6 2.3 Distribution and outsourcing 9 3.0 Organizational plan 10 3.1 Management 11 3.2 Mission 12 3.3 Purpose 13 3.4 Vision 13 3.5 Legal structure 13 3.6 Organizational chart 14 4.0 Marketing plan 16 4.1 Price 16 4.2 Product 17 4.3 Place 19 4.4 Promotion 20 5.0 Financial plan 21 6.0 Growth plan 22 7.0 Contingency and harvest strategy 23 8.0 Timeline to launch the plan 25 9.0 References 28 10.0 Appendices 29

Executive summary

Don’t we all enjoy the experience of ...

Dear Texas Bob,

The calculations made were based on formulas we deem fit. In obtaining the income, we used the cash flow method, which is simply the difference between the cash that flows in versus the cash that flows out of the business. That method would prove to be more accurate since in the retail food industry, cash is considered king. Likewise, we discounted the values using the present value formula. We deem it important that the time value of money shall be considered to accurately reflect the amounts, not in a nominal sense, but in its real sense. Lastly, we also ...

Volkswagen Scandal

Dear XYZ, In response to the work assigned for preparing a report on Volkswagen emission controversy, please find enclosed the detailed internal report containing my findings and recommendations pertaining to the issue. As I found, the company is going through the tough time when it is facing actions from the regulators and other agencies for violating the emission norms of the different countries. Also, there is a big blow to credibility in the eyes of customers. Concerted efforts of all the stakeholders are required to tide over the crisis. Based on the sources I referred to, the report goes ...

Overview of Organization

The company in question is a consultancy firm that is in the business of providing internet services to various business groups as well as households within its proximity. The company's mission is to provide effective communication for the ever-growing business demands of many startup companies. The inception of the digital age has transformed how business is conducted on various fronts in a dynamic business world. Hopkin (2013) suggests that unforeseen circumstances can result in a business operation being affected adversely. Such catastrophes not only impact the way business operates, but also affects the lives of the workers in the ...

Abstract

Several accounting principle have been put in place to ensure that the financial statement presented to users are free and fair. The principle of consistency ensures financial statements are prepared using the same principle year after year. Materiality concept ensures that only valuable information is included in financial statement. Principle of disclosure ensures that all valuable information is included in preparation of financial statement. Then the principle of conservatism makes sure that losses are recorded when foreseen while profits must be earned before recording. The fixed asset register keeps eye on all fixed assets of a firm. The assets ...