ENGINEERING ECONOMIC. Bhesh R Kanel, Coordinator. College of Biomedical engineering And Applied sciences June, 2015
|
|
- Marjorie Lee
- 6 years ago
- Views:
Transcription
1 ENGINEERING ECONOMIC Bhesh R Kanel, Coordinator College of Biomedical engineering And Applied sciences June, 2015
2 COURSE CONTENT 1. Introduction: (3 hours) 1. Essential business and accounting terminology. 2. Definition of cash flow. 3. Economic systems 2. Cost Classification and Analysis: (5 hours) 1. The elements of cost. 2. Classification of cost: overhead, prime cost. 3. Cost variance analysis. 4. Job and process costing.
3 3. Interest and the Time Value of Money: (6 hours) 1. Simple interest, compound interest, interest tables, interest charts. 2. Present worth. 3. Nominal and effective interest rates. 4. Continuous compounding and compounding formula. 5. Interest calculations for uniform gradient.
4 4. Basic Methodologies of Engineering Economic Studies: (7 hours) 1. Present worth and annual worth methods. 2. Future worth method. 3. Internal rate of return method. 4. Drawbacks of the internal rate of return method. 5. External rate of return method. 6. Minimum attractive rate of return method. 7. The playback (payout) period method
5 5. Cost/Benefit Analysis: (4 hours) 1. Conventional cost/benefit ratio. 2. Modified cost/benefit ratio. 3. Break-even analysis.
6 6. Investment Decisions: (8 hours) 1. Comparison of alternatives having some useful life. 2. Comparison of alternatives having different useful life. 3. Comparison of alternatives including of excluding the time value of money. 4. Comparison of alternatives using the capitalized worth method. 5. Definition of mutually exclusive investment alternatives in terms of combinations of projects. 6. Comparison of mutually exclusive alternatives.
7 7. Risk Analysis: (4 hours) 1. Projects operating under conditions of certainty. 2. Projects operating under conditions of uncertainty. 3. Decision tree. 4. Sensitivity analysis. 8. Taxation System in Nepal: (3 hours) 1. Taxation law in Nepal. 2. Depreciation rates for buildings, equipment, furniture etc. 3. Recaptured depreciation. 4. Taxes on normal gains. 5. Taxes on capital gains.
8 9. Demand Analysis and Sales Forecasting: (5 hours) 1. Demand analysis. 2. Correlation of price and consumption rate. 3. Market research. 4. Sales forecasting. 5. Criteria for desirable sales forecasting procedures. 6. Factors affecting accuracy of forecasting.
9 Before completing the course Assignments -3 case studies -3 Project Evaluation Practice - 1
10 Text Book References TextBook: Engineering Economy, W.G Sullivan, Pearson 2001 Engineering Economics, Er.Kiran Thapa References: i... MS Excel functions
11 Referece Books E.P. DeCramo, W.G. Sullivan and J.A. Bontadelli, 8 th Edition, Macmillan Publishing Company, N.N. Borish and S. Kaplan, Economic analysis: For Engineering and Managerial Decision Making, McGraw- Hill. Contemporary Engineering Economics by Chan S. Park Engineering Economic Analysis by Tony and Blank.
12 INTRODUCTION Economics Definition Economics: Study allocation of its scarce resources Examining Which Goods and Services wind up in the hands of which people Scarce Resource: Resource which are not abundant. And are not easily available Where resources are abundant, no issue on allocation
13 Economics Allocation of the resources to fulfill the unlimited desires of the human beings. Branch of social science that deals with the production and consumption of goods and services as well as the distribution for the human welfare and their management.
14 Positive and Normative Analysis Positive Analyis: Study of Econonic relationships without value judgenent like electrodynamics Normative: Analysis with Value judgement e.g. effect of taxation on poor family and whether it is desirable or not. Monetization: Measure of value in terms of money
15 Economic Reasoning & Analysis Ceteris Paribus: Other Things remaining Equal economics is a complex System, so cosider effect of one variable at one time Homo economicus: self-interested behabiour or selfishness People or organization make choices based on their own welfare only Marginal : the Derivative of Model: A relationship between variables, a functional equation
16 Engineering Economics Deals with the methods that enable one to take economic decision towards minimizing the cost or maximizing benefits to business organization. Chooses between alternatives The field of engineering economy is concerned with the systematic evaluation of the benefits and costs of the projects involving engineering design and analysis.
17 In manufacturing or construction, engineering is involved in every detail of a product s production from conceptual design to distribution, for the best alternatives Engineers must decide if the benefits of a project exceed its costs and must make this comparison in a unified framework. The frame work within which to make this comparison is the field of engineering economics.
18 Definition1: Engineering economics is the application of economic techniques to the evaluation of design and engineering alternatives. The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint. (Dr. John M.Watts)
19 Definition 2: Engineering economics deals with the methods that enable one to take economics decision towards minimizing the cost or maximizing benefits to business organization. Definition 3: Engineering economy involves formulating, estimating, and evaluating the economic outcomes when alternatives to accomplish a defined purpose are available. Another way to define engineering economy is as a collection of mathematical techniques that simplify economic comparison.
20 STRATEGIC ECONOMIC DECISIONS Once project ideas are identified, they are typically classified as: 1. Equipment and process selection 2. Equipment Replacement 3. New product and product expansion 4. Cost reduction, and 5. Service improvement
21 Principles of Engineering Economics Develop alternatives Focus of the differences Use a consistent view point Use common unite of measure Consider all relevant criteria Make uncertainty explicit Revisit your decision
Accounting and Finance for Business Analysis
Accounting and Finance for Business Analysis Accounting and Finance for Business Analysis Copyright 2014 by DELTACPE LLC All rights reserved. No part of this course may be reproduced in any form or by
More informationSixth Edition. Global Edition CONTEMPORARY ENGINEERING ECONOMICS. Chan S. Park Department of Industrial and Systems Engineering Auburn University
Sixth Edition Global Edition CONTEMPORARY ENGINEERING ECONOMICS Chan S. Park Department of Industrial and Systems Engineering Auburn University PEARSON Boston Columbus Indianapolis New York San Francisco
More informationMICPA Conversion Programme. Module Outline Management Accounting
Module Outline MANAGEMENT ACCOUNTING AIM To ensure that students are able to: 1. Understand cost behaviours and product costing 2. Understand the cost terms and concepts, and its relevance for decision-making
More informationAquino, Canlas, David, Dimalanta, Manaloto and Sibug. Management Accounting by Ma. Elenita Balatbat-Cabrera
Course Name: XMGRAC1 Course Title: Managerial Accounting, Part 1 Instructors: Required Text: Course Description: Aquino, Canlas, David, Dimalanta, Manaloto and Sibug Management Accounting by Ma. Elenita
More informationSchool of Engineering University of Guelph. ENGG*3240 Engineering Economics Course Description & Outline - Fall 2008
School of Engineering University of Guelph ENGG*3240 Engineering Economics Course Description & Outline - Fall 2008 CALENDAR DESCRIPTION Principle of project evaluation, analysis of capital and operating
More informationUses of Accounting Information II
Uses of Accounting Information II Course Design 2007-2008 Course Information Organization Eastern Arizona College Division Business Course Number BUA 240 Title Uses of Accounting Information II Credits
More informationJEFFERSON COLLEGE COURSE SYLLABUS BUS 241 MANAGERIAL ACCOUNTING. 3 Credit Hours. Prepared by: Mary E. Baricevic March 30, 2014
JEFFERSON COLLEGE COURSE SYLLABUS BUS 241 MANAGERIAL ACCOUNTING 3 Credit Hours Prepared by: Mary E. Baricevic March 30, 2014 Ms. Linda Abernathy, Math, Science and Business Division Chair Ms. Shirley Davenport,
More informationLeland Blank, P. E. Texas A & M University American University of Sharjah, United Arab Emirates
Eighth Edition ENGINEERING ECONOMY Leland Blank, P. E. Texas A & M University American University of Sharjah, United Arab Emirates Anthony Tarquin, P. E. University of Texas at El Paso Mc Graw Hill Education
More informationENGINEERING ECONOMY. William G. Sullivan. Fourteenth Edition. Prentice Hall. Virginia Polytechnic institute and State University
ENGINEERING ECONOMY Fourteenth Edition William G. Sullivan Virginia Polytechnic Institute and State University, Emeritus Elin M. Wicks Wicks and Associates C. Patrick Koelling Virginia Polytechnic institute
More informationRELATIONAL DIAGRAM OF MAIN CAPABILITIES
Syllabus MAIN CAPABILITIES APM (P5) On successful completion of this paper, candidates should be able to: A Explain the nature and purpose of cost and management accounting PM (F5) FM (F9) B Describe costs
More informationECON 101 Introduction to Economics 1
ECON 101 Introduction to Economics 1 Session 1 Introduction I Lecturer: Mrs. Hellen Seshie-Nasser, Department of Economics Contact Information: haseshie@ug.edu.gh College of Education School of Continuing
More informationIII YEAR VI SEMESTER COURSE CODE: 4BCO6C2 CORE COURSE XVII MANAGEMENT ACCOUNTING
III YEAR VI SEMESTER COURSE CODE: 4BCO6C2 CORE COURSE XVII MANAGEMENT ACCOUNTING Unit I Management Accounting Meaning Definition Objectives Cost Accounting Vs Financial Accounting Vs Management Accounting
More informationTopic 1 Introduction and Review of Basic Concepts
ACT202 Cost and Management Accounting 1-1 Topic 1 Introduction and Review of Basic Concepts Objectives On completion of the successful study of this topic you will be able to: Explain the way in which
More informationLimits, Alternatives, and Choices
Limits, Alternatives, and Choices - s Defined.. Role of Theory. and Macroeconomics. Scarce Resources. The. Possibilities. - The Definition of s The social science that studies how individuals, institutions,
More informationRACC CRA. Certified Research Administrator. Download Full Version :
RACC CRA Certified Research Administrator Download Full Version : http://killexams.com/pass4sure/exam-detail/cra Successful budget process relies greatly upon effective communications. Strong communication
More informationIE 5441: Financial Decision Making
IE 5441 1 IE 5441: Financial Decision Making Professor Industrial and Systems Engineering College of Science and Engineering University of Minnesota IE 5441 2 Lecture Hours: Monday 2:20-5:20 pm Office:
More information6.1 Introduction. 6.2 Meaning of Ratio
6.1 Introduction Ratio analysis has emerged as the principal technique of analysis of financial statements. The system of analysis of financial statements by means of ratio was first made in 1919 be Alexander
More informationDepartment of Management Sciences
The Islamia University of Bahawalpur Pakistan Department of Management Sciences Course Outline Course: Course Code: Credit Hours: 3 Class: Bachelor of Business Administration (BBA) Session & Semester:
More informationCorporate Finance Theory FRL CRN: P. Sarmas Summer Quarter 2014 Building 163 Room 2032 Monday and Wednesday: 8:00 a.m. 9:50 a.m.
Corporate Finance Theory FRL 367-01 CRN: 51898 P. Sarmas Summer Quarter 2014 Building 163 Room 2032 Monday and Wednesday: 8:00 a.m. 9:50 a.m. www.csupomona.edu/~psarmas Catalog Description: Capital Budgeting
More informationThe McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin
1-1 2012 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 3 1 Analyzing Business Transactions Using T Accounts Section 1: Transactions That Affect Assets, Liabilities, and Owner s
More informationCorporate Finance Theory FRL CRN: P. Sarmas Summer Quarter 2012 Building 24B Room 1417 Tuesday & Thursday: 4:00 5:50 p.m.
Corporate Finance Theory FRL 367-01 CRN: 50454 P. Sarmas Summer Quarter 2012 Building 24B Room 1417 Tuesday & Thursday: 4:00 5:50 p.m. www.csupomona.edu/~psarmas Catalog Description: Capital Budgeting
More informationHill College 112 Lamar Dr. Hillsboro, Texas 76645
Hill College 112 Lamar Dr. Hillsboro, Texas 76645 COURSE SYLLABUS Course Prefix and Number ECON 2301 Course Title PRINCIPLES OF MACROECONOMICS Prepared by: T. SMITH Date: April 2010 Approved by: Susan
More informationINDUSTRIAL BUDGETING AND COST ANALYSIS
C h a p t e r INDUSTRIAL BUDGETING AND COST ANALYSIS 10.1 INTRODUCTION Everybody is familiar with the idea of a plan. Not only in business, but in private life also people make plans though there are considerable
More informationChapter 9 Saving, Investment, and Interest Rates
Chapter 9 Saving, Investment, and Interest Rates Multiple Choice Questions Choose the one alternative that best completes the statement or answers the question. 1. According to the life-cycle theory of
More informationCost Control with the special reference to KGB Inspections Services at Trichy
Cost Control with the special reference to KGB Inspections Services at Trichy *B. Saranya, Dr. R. Prakash Babu,C. Padma, S. Uma Maheswari * Research Scholar: B.Saranya,MBA.,M.Phil., Assistant Professor,
More informationCourse # Cost Management : Accounting and Control
Course # 171023 Cost Management : Accounting and Control based on the electronic.pdf file(s): Cost Management : Accounting and Control by: Dr. Jae K. Shim, Ph.D., 2009, 306 pages 20 CPE Credit Hours Accounting
More information11/22/2017 3:03 PM Approved (Changed Course) BAD 2 Course Outline as of Fall 2014
11/22/2017 3:03 PM Approved (Changed Course) BAD 2 Course Outline as of Fall 2014 CATALOG INFORMATION Dept and Nbr: BAD 2 Title: MANAGERIAL ACCOUNTING Full Title: Managerial Accounting Last Reviewed: 5/12/2014
More informationCHAPTER :- 4 CONCEPTUAL FRAMEWORK OF FINANCIAL PERFORMANCE.
CHAPTER :- 4 CONCEPTUAL FRAMEWORK OF FINANCIAL PERFORMANCE. 4.1 INTRODUCTION. 4.2 FINANCIAL PERFORMANCE. 4.3 FINANCIAL STATEMENT. 4.4 FINANCIAL STATEMENT ANALYSIS. 4.5 METHODS OF ANALYSIS OF FINANCIAL
More informationMOCK TEST PAPER INTERMEDIATE (IPC): GROUP I PAPER 3: COST ACCOUNTING AND FINANCIAL MANAGEMENT
MOCK TEST PAPER INTERMEDIATE (IPC): GROUP I PAPER 3: COST ACCOUNTING AND FINANCIAL MANAGEMENT Test Series: March 2018 Answers are to be given only in English except in the case of the candidates who have
More informationContents. Chapter 1 Conceptual Foundation
Contents Chapter 1 Conceptual Foundation Meaning of Accounting... 2 Need for Accounting Information... 3 Areas of Accounting... 4 Financial Accounting... 4 Meaning... 4 Objectives... 4 Limitations... 5
More information= Shs 16,000,000. (ii) Break Even point in Sales = Fixed Cost = 8,000,000 Contribution Margin Ratio (120,000,000/24,000,000)
QUESTION ONE (a) Marginal costing refers to a method of costing products (goods and services) in which the cost per unit is only the variable costs. Thus, the current production and closing stocks are
More informationM.Com. (Final) Paper I CORPORATE LEGAL FRAMEWORK. 1. The Companies Act, 1956 (Relevant-Provisions): Definition, types of companies.
M.Com. (Final) Paper I CORPORATE LEGAL FRAMEWORK 1. The Companies Act, 1956 (Relevant-Provisions): Definition, types of companies. 2. Formation of companies: Promotion, Memorandum of Association, Articles
More information1 Introduction to Cost and
1 Introduction to Cost and Management Accounting This Chapter Includes Concept of Cost; Management Accounting and its Evolution of Cost Accounting evolution, Meaning, Objectives, Costing, Cost Accounting
More informationRobinson College of Business Bldg. Dr. Vincent J. Giovinazzo 544, 5th Floor; (404) COURSE MATERIALS:
Principles of Accounting II School of Accountancy ACCT 2102 Robinson College of Business Bldg. Thursday - Fall, 1999 Georgia State University Dr. Vincent J. Giovinazzo 544, 5th Floor; (404)651-4458 E-mail:
More informationUnit 1 Theoretical Framework.
Unit 1 Theoretical Framework. A. Answer the Following (1 Mark) 1. What is Accounting equation? 2. Find out the value of assets if: Liabilities=Rs. 5000 and Capital=Rs.1000. 3. Give the classification of
More informationStrategic Management. Concepts and Cases. Strategic Management. Fred R. David Forest R. David
Strategic Management Concepts and Cases For these Global Editions, the editorial team at Pearson has collaborated with educators across the world to address a wide range of subjects and requirements, equipping
More informationUP College of Business Administration Discussion Papers
UP College of Business Administration Discussion Papers DP No. 1006 June 2010 Degrees of Operating and Financial Leverage of Philippine Firms: 1997-2008 by Rodolfo Q. Aquino* *Professor, UP College of
More informationCHAPTER 1 Introduction to Taxation
CHAPTER 1 Introduction to Taxation CHAPTER HIGHLIGHTS A proper analysis of the United States tax system begins with an examination of the tax structure and types of taxes employed in the United States.
More informationFebruary 2011 Report No An Audit Report on Correctional Managed Health Care at the University of Texas Medical Branch at Galveston
John Keel, CPA State Auditor Correctional Managed Health Care at the University of Texas Medical Branch at Galveston Report No. 11-017 Correctional Managed Health Care at the University of Texas Medical
More informationINTRODUCTION TO THE ECONOMICS AND MATHEMATICS OF FINANCIAL MARKETS. Jakša Cvitanić and Fernando Zapatero
INTRODUCTION TO THE ECONOMICS AND MATHEMATICS OF FINANCIAL MARKETS Jakša Cvitanić and Fernando Zapatero INTRODUCTION TO THE ECONOMICS AND MATHEMATICS OF FINANCIAL MARKETS Table of Contents PREFACE...1
More informationJEFFERSON COLLEGE COURSE SYLLABUS BUS245 COST ACCOUNTING. 3 Credit Hours. Prepared by: Mary E. Baricevic, Ph.D. April 18, 2013
JEFFERSON COLLEGE COURSE SYLLABUS BUS245 COST ACCOUNTING 3 Credit Hours Prepared by: Mary E. Baricevic, Ph.D. April 18, 2013 Updated by: Mary E. Baricevic, Ph.D. November 4, 2018 Dr. Terry Kite, Interim
More informationWILLIAM CAREY UNIVERSITY FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION
FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION Years Ended June 30, 2015, 2016, 2017 and 2018 TABLE OF CONTENTS INDEPENDENT AUDITOR S REPORT 1 PAGE FINANCIAL STATEMENTS Exhibit A - Statement of Financial
More informationGLOBAL EDITION. Financial Management. Principles and Applications THIRTEENTH EDITION. Sheridan Titman Arthur J. Keown John D.
GLOBAL EDITION Financial Management Principles and Applications THIRTEENTH EDITION Sheridan Titman Arthur J. Keown John D. Martin The Pearson Series in Finance Berk/DeMarzo Corporate Finance* Corporate
More informationFINAL RECOMMENDATIONS - DIVIDEND DETERMINATION
FINAL RECOMMENDATIONS - DIVIDEND DETERMINATION AND ILLUSTRATION RECOMMENDATIONS CONCERNING ACTUARIAL PRINCIPLES AND PRACTICES IN CONNECTION WITH DIVIDEND DETERMINATION AND ILLUSTRATION FOR PARTICIPATING
More informationEASTERN ARIZONA COLLEGE Uses of Accounting Information II
EASTERN ARIZONA COLLEGE Uses of Accounting Information II Course Design 2017-2018 Course Information Division Business Course Number BUA 243 (SUN# ACC 2202) Title Uses of Accounting Information II Credits
More informationSTUDENTSFOCUS.COM BA ECONOMIC ANALYSIS FOR BUSINESS
STUDENTSFOCUS.COM DEPARTMENT OF MANAGEMENT STUDIES BA 7103 -ECONOMIC ANALYSIS FOR BUSINESS Meaning of economics. UNIT 1 Economics deals with a wide range of human activities to satisfy human wants. It
More informationReport on Thesis of Master Degree Named:
KING FAHAD UNIVERSITY OF PETROLEUM & MINERALS CONSTRUCTION ENGINEERING AND MANAGEMENT ************************************************* CONSTRUCTION CONTRACTING CEM - 520 Report on Thesis of Master Degree
More informationPREREQUISITES JUSTIFICATION
Profession MBA Program GBA 546 Fundamentals of Financial Management Section P200 CRN: 13778 Winter Quarter 2006 Tuesday: 6:00-9:50 p.m. P. Sarmas www.csupomona.edu/~psarmas CATALOG DESCRIPTION: Theoretical
More informationExaminer s Report. December 2017 Session. Paper 4 Business Economics and Financial Mathematics
Examiner s Report December 2017 Session Paper 4 Business Economics and Financial Mathematics General Comments This paper consisted of three sections. Section A contained multiple-choice questions; Section
More informationGlossary of Budgeting and Planning Terms
Budgeting Basics and Beyond, Third Edition By Jae K. Shim and Joel G. Siegel Copyright 2009 by John Wiley & Sons, Inc.. Glossary of Budgeting and Planning Terms Active Financial Planning Software Budgeting
More informationLast Edit Page 1
Course: Mathematical modeling in personal finance. MM.(2) The student uses mathematical processes with graphical and numerical techniques to study patterns and analyze data related to personal finance.
More informationPUBLIC PROJECT DESIGN AND EVALUATION. 04_CBA (Cost-Benefit Analysis) Gabriela Vaceková
PUBLIC PROJECT DESIGN AND EVALUATION 04_CBA (Cost-Benefit Analysis) Gabriela Vaceková gabriela.vacekova@econ.muni.cz Headlines from your country: What happened around the world last week? It is best to
More informationChapter 1 The Nature and Scope of Economics
Chapter 1 The Nature and Scope of Economics MULTIPLE CHOICE 1. Generally, in economics we study how people a. react to changes in government policy. b. make choices when resources are scarce. c. react
More informationYORK UNIVERSITY School of Administrative Studies. AP/ADMS Section A Summer 2013 Mid-Term Examination, Sunday, July 7 th, 12 noon 3 pm
LAST NAME FIRST NAME STUDENT NUMBER - - SIGN IN # YORK UNIVERSITY School of Administrative Studies AP/ADMS 2510 3.0 Section A Summer 2013 Mid-Term Examination, Sunday, July 7 th, 12 noon 3 pm Instructions:
More informationJEFFERSON COLLEGE COURSE SYLLABUS BUS245 COST ACCOUNTING. 3 Credit Hours. Prepared by Mary E. Baricevic April 18, 2013
JEFFERSON COLLEGE COURSE SYLLABUS BUS245 COST ACCOUNTING 3 Credit Hours Prepared by Mary E. Baricevic April 18, 2013 Ms. Linda Abernathy, Math, Science and Business Division Chair Ms. Shirley Davenport,
More informationPELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS COST ACCOUNTING ACC 2360
PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS COST ACCOUNTING ACC 2360 Class Hours: 3.0 Credit Hours: 3.0 Laboratory Hours: 0.0 Revised: Fall 04 NOTE: This course is NOT designed for transfer
More informationRobinson College Of Business Bldg.
Principles of Accounting II ACCT 2102 Tuesdays & Thursdays - Spring, 2000 School of Accountancy Robinson College Of Business Bldg. Georgia State University 5th Floor; (404)651-2611 COURSE MATERIALS: Managerial
More informationToday s lecture 11/12/12. Introduction to Quantitative Analysis. Introduction. What is Quantitative Analysis? What is Quantitative Analysis?
Introduction to Quantitative Analysis Bus-221-QM Lecture 1 Chapter 1 To accompany Quantitative Analysis for Management, Eleventh Edition, by Render, Stair, and Hanna Today s lecture Textbook Chapter 1
More informationTHE INTERNATIONAL DYSLEXIA ASSOCIATION AND SUBSIDIARY
Consolidated Financial Statements Together with Independent Auditors' Report INDEPENDENT AUDITORS REPORT To the Board of Directors of the International Dyslexia Association and Subsidiary: We have audited
More informationINSTITUTE OF AERONAUTICAL ENGINEERING Dundigal, Hyderabad
ITITUTE OF AEROAUTICAL EGIEERIG Dundigal, Hyderabad - 500 043 CIVIL EGIEERIG COURE DECRIPTIO FORM Course Title Course Code Regulation Course tructure Course Coordinator Team of Instructors MAAGERIAL ECOOMIC
More informationThe following points highlight the three time-adjusted or discounted methods of capital budgeting, i.e., 1. Net Present Value
Discounted Methods of Capital Budgeting Financial Analysis The following points highlight the three time-adjusted or discounted methods of capital budgeting, i.e., 1. Net Present Value Method 2. Internal
More informationOnline Course Syllabus AC450a: Income Tax
Online Course Syllabus AC450a: Income Tax Important Notes: This document provides an overview of expectations for this online course and is subject to change prior to the term start. Changes may also occur
More informationChapter. Capital Budgeting Techniques: Certainty and Risk. Across the Disciplines Why This Chapter Matters to You LEARNING GOALS
Chapter 9 Capital Budgeting Techniques: Certainty and Risk LEARNING GOALS LG1 Calculate, interpret, and evaluate the payback period. and choosing projects under capital rationing. LG2 LG3 LG4 Apply net
More informationPlan Data. moneytree.com Toll free
Plan Data Assumptions (p. 5-17) - Basic scenario information such as the clients retirement age and life expectancy and important planning assumptions. A majority of the items in the assumption section
More informationBUDGETING. After studying this unit you will be able to know: different approaches for the preparation of budgets; 10.
UNIT 10 Structure APPROACHES TO BUDGETING 10.0 Objectives 10.1 Introduction 10.2 Fixed Budgeting 10.3 Flexible Budgeting 10.4 Difference between Fixed and Flexible Budgeting 10.5 Appropriation Budgeting
More informationHOFSTRA UNIVERSITY FRANK G. ZARB SCHOOL OF BUSINESS Educating for Personal and Professional Achievement
HOFSTRA UNIVERSITY FRANK G. ZARB SCHOOL OF BUSINESS Educating for Personal and Professional Achievement DEPARTMENT OF FINANCE FINANCE 402- MANAGERIAL FINANCE (Graduate course) Spring 2014, Section 01,
More informationamenta John J. Wild University of Wisconsin at Madison Ken W. Shaw University of Missouri at Columbia Barbara Chiappetta Nassau Community College
amenta D Dri st edition John J. Wild University of Wisconsin at Madison Ken W. Shaw University of Missouri at Columbia Barbara Chiappetta Nassau Community College I McGraw-Hill I Irwln I Accounting in
More informationEngineering Economics
SECTION FIVE CHAPTER 7 Engineering Economics John M. Watts, Jr., and Robert E. Chapman Introduction Engineering economics is the application of economic techniques to the evaluation of design and engineering
More informationPRINCIPLES OF MICROECONOMICS E L E V E N T H E D I T I O N CASE FAIR OSTER. PEARSON Prepared by: Fernando Quijano w/shelly Tefft
PRINCIPLES OF MICROECONOMICS E L E V E N T H E D I T I O N CASE FAIR OSTER PEARSON Prepared by: Fernando Quijano w/shelly Tefft 2 of 36 PART I INTRODUCTION TO ECONOMICS The Scope and Method of Economics
More informationA Linear Programming Approach for Optimum Project Scheduling Taking Into Account Overhead Expenses and Tardiness Penalty Function
A Linear Programming Approach for Optimum Project Scheduling Taking Into Account Overhead Expenses and Tardiness Penalty Function Mohammed Woyeso Geda, Industrial Engineering Department Ethiopian Institute
More informationTHE OPEN UNIVERSITY OF TANZANIA FACULTY OF BUSINESS MANAGEMENT FINANCIAL AND MANAGERIAL ACCOUNTING MODULE OUTLINE
THE OPEN UNIVERSITY OF TANZANIA FACULTY OF BUSINESS MANAGEMENT DEPARTMENT OF ACCOUNTING AND FINANCE: MBA (cw) PROGRAMME OAF 612: FINANCIAL AND MANAGERIAL ACCOUNTING MODULE OUTLINE INTRODUCTION This course
More informationWeek #15 - Word Problems & Differential Equations Section 8.6
Week #15 - Word Problems & Differential Equations Section 8.6 From Calculus, Single Variable by Hughes-Hallett, Gleason, McCallum et. al. Copyright 5 by John Wiley & Sons, Inc. This material is used by
More informationIntermediate Management Accounting Overview
Intermediate Management Accounting Chartered Professional Accountants of Canada, CPA Canada, CPA are trademarks and/or certification marks of the Chartered Professional Accountants of Canada. 2017, Chartered
More informationLAHORE UNIVERSITY OF MANAGEMENT SCIENCES SULEMAN DAWOOD SCHOOL OF BUSINESS. ACCT 130 Principles of Management Accounting. Ayesha Bhatti COURSE OUTLINE
LAHORE UNIVERSITY OF MANAGEMENT SCIENCES SULEMAN DAWOOD SCHOOL OF BUSINESS ACCT 130 Principles of Management Accounting Ayesha Bhatti COURSE OUTLINE Fall Semester 2011-2012 Instructor: Ayesha Bhatti Email:
More information1
www.accountancyknowledge.com 1 CIMA C02 Fundamental of Financial Accounting Overview of Financial Accounting www.accountancyknowledge.com 2 Definitions of Accounting Accounting is the language of the business
More informationLarry Goldstein, College and University Budgeting, NACUBO: Washington, D.C., Third Edition, 2005.
Larry Goldstein, College and University Budgeting, NACUBO: Washington, D.C., Third Edition, 2005. This review covers just the Appendix which is devoted to describing and evaluating different approaches
More informationModel Answers. Subject Accounting for Managerial Decisions. Paper code-as-2366
Model Answers Subject Accounting for Managerial Decisions Paper code-as-2366 (Prepared by: Gnyana Ranjan Bal, Asst. Professor, Dept. of Commerce, GGV) (Note-These models answers are only depiction of important
More informationThe Scope and Method of Economics
PART I INTRODUCTION TO ECONOMICS The Scope and Method of Economics 1 C H A P T E R O U T L I N E Why Study Economics? To Learn a Way of Thinking To Understand Society To Be an Informed Citizen The Scope
More informationTechnically, volatility is defined as the standard deviation of a certain type of return to a
Appendix: Volatility Factor in Concept and Practice April 8, Prepared by Harun Bulut, Frank Schnapp, and Keith Collins. Note: he material contained here is supplementary to the article named in the title.
More informationSTANDING ADVISORY GROUP MEETING
1666 K Street, NW Washington, D.C. 20006 Telephone: (202) 207-9100 Facsimile: (202)862-8430 www.pcaobus.org Review of Existing Standards Evaluating and Reporting on Fair Presentation in Conformity With
More informationAN INTRODUCTION TO ANALYSIS OF FINANCIAL STATEMENT
COURSE 6 Block 1 UNIT-1 AN INTRODUCTION TO ANALYSIS OF FINANCIAL STATEMENT Learning Objectives After reading this chapter, students should be able to: Meaning, definitions and features of financial statement
More informationA New Perspective on Multiple Internal Rates of. Return
A New Perspective on Multiple Internal Rates of Return Gordon B. Hazen Department of Industrial Engineering and Management Sciences, Northwestern University, Evanston, Illinois 60208-3119 June 2002 The
More informationCarolyn Nelson Instructor
Coffeyville Community College BUSN-221 COURSE SYLLABUS FOR Managerial Accounting Fall 2015 Carolyn Nelson Instructor COURSE NUMBER: COURSE TITLE: BUSN-221 Managerial Accounting CREDIT HOURS: 3 INSTRUCTOR:
More informationImplied correlation from VaR 1
Implied correlation from VaR 1 John Cotter 2 and François Longin 3 1 The first author acknowledges financial support from a Smurfit School of Business research grant and was developed whilst he was visiting
More informationEngineering Economics
Engineering Economics Lecture 7 Er. Sushant Raj Giri B.E. (Industrial Engineering), MBA Lecturer Department of Industrial Engineering Contemporary Engineering Economics 3 rd Edition Chan S Park 1 Chapter
More information1.1 What is Investment Management? 1.2 How the Investments are Done? 1.3 Types of Investors
NPTEL Course Course Title: Security Analysis and Portfolio Management Course Coordinator: Dr. Jitendra Mahakud Module-1 Session-1 Introduction to Investment Management 1.1 What is Investment Management?
More informationCertified Cost Controller TM
Certified Cost Controller TM Email: info@iabfm.org Web: www.iabfm.org Tel: + 852 685 40145/+86 756 2216205 5 Key Business Benefits 1. Control and manage ALL of your organisation s costs 2. Fully understand
More informationPELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS PRINCIPLES OF ACCOUNTING II ACC 2030
PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS PRINCIPLES OF ACCOUNTING II ACC 2030 Class Hours: 3.0 Credit Hours: 3.0 Laboratory Hours: 0.0 Revised: Spring 07 * Intended for transfer. Catalog
More information;,CENGAGE Learning* Australia Brazil»Japan Korea «Mexico Singapore Spain United Kingdom United States
COLIN MANAGEMENT AND COST ACCOUNTING NINTH EDITION ;,CENGAGE Learning* Australia Brazil»Japan Korea «Mexico Singapore Spain United Kingdom United States CONTENTS Preface x About the author xvi Acknowledgements
More informationPREPARATION OF LESSON PLAN FRAMEWORK. (Module wise)
LESSON PLAN 08-09 ODD SEMESTER BACHELORS OF COMMERCE C MC 0 ADVANCED COST ACCOUNTING COURSE / SUBJECT OBJECTIVES: To acquire in depth knowledge for effective decision making in firms and their business
More informationChapter One. Definition and Basic terms and terminology of engineering economy
Chapter One Definition and Basic terms and terminology of engineering economy 1. Introduction: The need for engineering economy is primarily motivated by the work that engineers do in performing analysis,
More informationCOPYRIGHTED MATERIAL. Time Value of Money Toolbox CHAPTER 1 INTRODUCTION CASH FLOWS
E1C01 12/08/2009 Page 1 CHAPTER 1 Time Value of Money Toolbox INTRODUCTION One of the most important tools used in corporate finance is present value mathematics. These techniques are used to evaluate
More informationDR. B. R. AMBEDKAR OPEN UNIVERSITY DEPARTMENT OF COMMERCE. M.Com (P) 1: ORGANISATION THEORY AND BEHAVIOUR ( Batch) ASSIGNMENT I
DR. B. R. AMBEDKAR OPEN UNIVERSITY M.Com (P) 1: ORGANISATION THEORY AND BEHAVIOUR (2017-18 Batch) ASSIGNMENT I 1. Distinguish between Systems and Contingency theories of organisation with the help of suitable
More informationContents. Chapter 1: Finance makes the world go round Icons...11
1 Contents Icons...11 Chapter 1: Finance makes the world go round...13 Who this is for...14 You are not alone...14 Overview...15 Other sources...15 Users and uses of financial information...16 Financial
More informationSIMULATION OF ELECTRICITY MARKETS
SIMULATION OF ELECTRICITY MARKETS MONTE CARLO METHODS Lectures 15-18 in EG2050 System Planning Mikael Amelin 1 COURSE OBJECTIVES To pass the course, the students should show that they are able to - apply
More informationHOW TO CALCULATE PRESENT VALUES
HOW TO CALCULATE PRESENT VALUES Chapter 2 Brealey, Myers, and Allen Principles of Corporate Finance 11 th Global Edition Basics of this chapter Cash Flows (and Free Cash Flows) Definition and why is it
More informationCOURSE OUTLINE. School of Business COURSE CODE: FINA 341 TOTAL COURSE HOURS: 60
COURSE OUTLINE SCHOOL: DEPARTMENT: PROGRAM (if applicable): COURSE TITLE: School of Business Accounting Financial Services Corporate Credit COURSE CODE: FINA 341 TOTAL COURSE HOURS: 60 PRE-REQUISITES/CO-REQUISITES:
More informationQuestion # 1 of 15 ( Start time: 01:53:35 PM ) Total Marks: 1
MGT 201 - Financial Management (Quiz # 5) 380+ Quizzes solved by Muhammad Afaaq Afaaq_tariq@yahoo.com Date Monday 31st January and Tuesday 1st February 2011 Question # 1 of 15 ( Start time: 01:53:35 PM
More informationACC406 Tip Sheet. 1) Planning: It is the process of creating a set of plans that a company intends to achieve a particular goal.
ACC406 Tip Sheet Chapter 1 Managerial Accounting: It is simply the process of reporting accounting information for a company s internal users such as managers, sales staff and etc. for decision making.
More informationVALLIAMMAI ENGINEERING COLLEGE
VALLIAMMAI ENGINEERING COLLEGE SRM Nagar, Kattankulathur 603 203 DEPARTMENT OF CIVIL ENGINEERING QUESTION BANK VI SEMESTER CE6005 CONSTRUCTION PLANNING AND SCHEDULING Regulation 2013 Academic Year 2017
More information