摘要:

Computation of a cost evidence of value using present worth depreciation normally assumes a uniform hypothetical stream of cash flows to be generated by the subject property. Two methods to estimate and incorporate the parameters of a declining flaw pattern into the valuation model are proposed. These approaches, the Ratio and the Delta methods, make use of available operating cost data to estimate the appropriate rate of decline in the assumed cash flow stream.

ISSN:0013-791X    

DOI:10.1080/00137918608902930

出版商:Taylor & Francis Group    

年代:1986

数据来源: Taylor

摘要:

This paper provides a method for evaluating investment in inventory that is consistent with a wealth maximizing objective. Theoretical superiority and conceptual straightforwardness of the proposed approach arc demonstrated via development of the net present value maximizing models for various inventory systems. Some important financial implications of the study are also discussed.

ISSN:0013-791X    

DOI:10.1080/00137918608902931

出版商:Taylor & Francis Group    

年代:1986

数据来源: Taylor

摘要:

This is an extensive, but not exhaustive, bibliography for persons interested in the Justification (economic and/or non-economic) of the various aspects normally associated with computer-integrated manufacturing (CIM) systems. Moat works cited Include a brief annotated comment regarding subject inclusions and perhaps perceived strengths- For the 100 plus citations, fifty-two are categorized as being generally subjective overview/guidelines, and thirty-five are categorized as including quantitative techniques/analysis methodologies for Justification of CIM systems or components of such systems.

ISSN:0013-791X    

DOI:10.1080/00137918608902932

出版商:Taylor & Francis Group    

年代:1986

数据来源: Taylor

摘要:

A computer simulation model is used to compare the relative effectiveness of ten capital budgeting ranking techniques. The model generates mutually exclusive and Independent projects, which are then ranked by ten different criteria, and accepted for investment until the available funds are exhausted. After several periods of simulation, the net value of the firm and the rate of return on initial funds supplied the firm are used to compare the ranking criteria.

ISSN:0013-791X    

DOI:10.1080/00137918608902933

出版商:Taylor & Francis Group    

年代:1986

数据来源: Taylor

摘要:

This note extends work by Young and Contreras and by Rosenthal on the present worth of cash flows under uncertain timing. In capital budgeting analysis, the use of the expected life of a project instead of the life distribution of the project biases the estimate of its expected net present value. In most situations the bias results in an overestimate of the expected net present value of the project. When the exact life distribution is unknown, the bias can be approximated by Taylor series expansion. The sensitivity of the bias to the discount rate, to cash flow patterns, and to income taxes is also investigated.

ISSN:0013-791X    

DOI:10.1080/00137918608902934

出版商:Taylor & Francis Group    

年代:1986

数据来源: Taylor

摘要:

This paper examines the decision of whether or not to forego a portion of the Investment Tax Credit in favor of full basis cost recovery as allowed underACRS. In most, but not all, circumstances the full investment tax credit is the value maximizing alternative.

ISSN:0013-791X    

DOI:10.1080/00137918608902935

出版商:Taylor & Francis Group    

年代:1986

数据来源: Taylor

ISSN:0013-791X    

DOI:10.1080/00137918608902936

出版商:Taylor & Francis Group    

年代:1986

数据来源: Taylor

ISSN:0013-791X    

DOI:10.1080/00137918608902937

出版商:Taylor & Francis Group    

年代:1986

数据来源: Taylor