Thursday, February 27, 2020
Country Music and Patsy Cline Annotated Bibliography
Country Music and Patsy Cline - Annotated Bibliography Example Ching's book has been found one of the chief resources in any researches relating to country music, and it is greatly effective in this study on the life and works of Patsy Cline. The book focuses on the various characteristics of country music including the importance of lyrics. The subject area incorporated in the book can be a useful in an understanding of Patsy's country music, particularly with regard to the lyrical qualities of her music. Therefore, this resource proves to be an added advantage to an investigation in Patsy's musical merits. This is one of the most useful collections of articles which deal with the various aspects in the life and works of Patsy Cline. The different articles in the edited version focus on some of the most essential features of Patsy's music. In one of such articles, Jensen points to teh quality of Patsy's music who celebrated country music to the fullest.
Tuesday, February 11, 2020
Investment projects Essay Example | Topics and Well Written Essays - 1750 words
Investment projects - Essay Example That is why even projects which had a positive net present value where not considered for the purpose of investment. The annual investment process at New Heritage involved personnel from all the three divisions of the company who presented their proposals for projects which can be considered for the purpose of investment. The proposals included projects which can be considered for the purpose of investment. With the growth of the company, initiatives were taken to decentralize some of the project approval process and hence increase spending authority at the division level. However, some projects which were of significantly higher value and required huge source of funds were reviewed at the corporate level by the capital budgeting committee which consists of the CEO, CFO, COO, the controller and the division presidents. As such, this report involves a thorough analysis of the available investment opportunities that the New Heritage Doll Company can undertake. The analysis spans over f ive years (2010 - 2014), evaluating projects which can prove to be a value maximising proposition for the company. The projects were analysed on the basis of key performance measures such as Net Present Value, Internal Rate of Return, Profitability Index, Payback period, riskiness, exposure to debt so on and so forth. The projects which were chosen every year for the purpose of investment were submitted to the budgeting committee. ... ysis has been presented in detail in the following sections and comments have been made regarding the projects which were chosen and the rationale for their choice, the budgeting constraint, the choices among all positive NPV projects, the risk factors which were considered and finally the ethical issues faced by the CEO while taking these decisions. Table of Contents 1. Rationale for choice of investing in a particular project 4 2. Budget Constraint 14 3. Choices among all positive NPV projects 14 4. Riskiness of the projects 14 5. Ethical issues faced by the CEO 15 1. Rationale for choice of investing in a particular project Several factors are considered by analysts while choosing a right project for investment. A project proposal to be presented to the committee includes a brief detail about the project and the strategy behind it. Investment decisions are base upon key financial performance measures such as the net present value of the project (NPV), the internal rate of return ( IRR), payback period and the profitability index (PI) of the project (Harvard Business Publishing 2010a). Accepting or rejecting a project depends to a large extent on the NPV of the project which is the present value of the benefits less the present value of the costs. However, this is not the only factor which is taken into consideration while evaluating a project. The other factors taken into consideration are IRR (the interest rate that sets the NPV equals to zero), Payback Period (the time required by a company to recover the cost of an investment) and Profitability index (the ratio between the NPV to the resource consumed) (Berk and DeMarzo 2011, 54-167). Having analyzed all the investment opportunities available to New Heritage Doll Company in their production, retail and licensing
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