Business Accounting Free Essay Example, 3000 words

The payback period calculation looks at the shortest number of years to recover the cost of the project. Although the calculation is easy to understand and simple, it still has its limitations. It ignores the benefits that occur after the payback period and more importantly, the method ignores the time value of money. The Net Present Value is an indicator of how much value an investment or project adds to the company. The Net Present Value is a more reliable method of calculating the returns expected from investments as the method considers the time value of money. The Net Present Value compares the value of a dollar today to the value of that same dollar in the future, taking both inflation and returns into account. A positive Net Present Value generated from a prospective project is a good sign and should be accepted. On the contrary, a negative Net Present Value resulting from projects should be rejected because the cash flows will also be negative. The Internal Rate of Return i s the discount rate that delivers a Net Present Value of zero for a series of future cash flows. We will write a custom essay sample on Business Accounting or any topic specifically for you Only $17.96 $11.86/pageorder now As with the Net Present Value, this technique uses the discounted cash flow approach and is as widely used as the Net Present Value method. The Internal Rate of Return represents the interest yield expected from an investment and is expressed as a percentage. Moreover, the Internal Rate of Return can be found without having to estimate the cost of capital. The use of Discounted Payback Period in investment analysis is more reliable than the use of Payback Period method. This is because the former considers the time value of money by discounting the estimated cash flow at the end of each year before determining the number of years that the initial cost of the project will be recovered. Like the Net Present Value, it considers the time value of money and as such, the outcome of using this method is more realistic and appropriate. On the other hand, the risk-adjusted discount factor produces the expected rate of return for the project, given its risk.

The Steinbeck s Book And The Migrant s Choice Of Words...

Having The Grapes of Wrath and Their Eyes Were Watching God on my library shelf occurred because the two novels are required summer reading for my junior year language arts class. I doubt I ever would have read Hurston’s book, but Steinbeck’s book is known to me. So, I took advantage of this opportunity, to become involved with Tom Joad (and his family) and Janie Crawford (and her grandmother and three husbands). From my reading, I saw connections with the issues of power and self-fulfillment, survival, family life and relationship, and community connections. Both books take place in the 1930’s; one in rural Florida and the other from Oklahoma to California. The writing style in the books relies on conversation indicative to the identity of the characters and the setting. The initial problem I had is reading the southern dialect spoken by the characters in Hurston’s book and the migrant’s choice of words and speech patterns in Steinbeck’s boo k. Eventually, I succumbed to it and became engaged with the character s determination and the impact of events on their lives as the stories evolved. Power is important in both books. For the Joads and the migrants it is confronting and dealing with the landowners. The idea of power results in a bond between the Joads and the Wilsons, and later incorporates the other migrant families. I see this as an example of self-preservation.On the other hand, for Janie, power of others prevents her from achieving independence and selfShow MoreRelated Of Mice and Men by John Steinbeck Essay example9610 Words   |  39 PagesOf Mice and Men by John Steinbeck John Steinbeck was born on 27 Feb 1902 in Salinas, California, not far from the area where Of Mice and Men is set. He attended Stanford University, but never settled to one area of study and left without obtaining a degree. In his twenties, he pursued a varied working life, including that of an itinerant ranch worker, similar to the characters portrayed in the novel. His early writings had some success, and established him as an author interested in

A Streetcar Named Desired Free Essays

The Character of Blanche in A Streetcar Named Desire Blanche, Stella’s is by far the most complex character of the play. An intelligent and sensitive woman who values literature and the creativity of the human imagination, she is also emotionally traumatised and repressed. This gives license for her own imagination to become a haven for her pain. We will write a custom essay sample on A Streetcar Named Desired or any similar topic only for you Order Now One senses that Blanches own view of her real self as opposed to her ideal self has been increasingly blurred over the years until it is sometimes difficult for her to tell the difference. It is a challenge to find the key to Blanche’s melancholy but perhaps the roots of her trauma lie in her early marriage. She was haunted by her inability to help or understand her young, troubled husband and that she has tortured herself for it ever since. Her drive to lose herself in the â€Å"kindness of strangers† might also be understood from this period in that her sense of confidence in her own feminine attraction was shaken by the knowledge of her husband’s homosexuality and she is driven to use her sexual charms to attract men over and over. Yet, beneath all this, there is a desire to find a companion, to find fulfilment in love. She is not successful because of her refusal or inability to face reality, in her circumstances and in herself. Blanche has a hard time confronting her mixed desires and therefore is never able to sort them out and deal with them. She wants a cultured man but is often subconsciously attracted to strong, basic male characters, perhaps a response to her marriage with a cultured, sensitive man which ended in disaster. So although Blanche dislikes Stanley as a person, she is drawn to him as a type of man who is resoundingly heterosexual and who is strong enough to protect her from an increasingly harsh world. This seems to be the reason for her brief relationship with Mitch, but it becomes clear to Blanche that Stanley is the dominant male here and she begins to acknowledge that fact. When Blanche tells the operator in Scene Ten that she is caught in a trap, part of her realises she has set herself up via her desires. Stanley is the embodiment of what she needs, yet detests, and, because of her sister, can never have. After Stanley has stripped her of her self-respect in this scene, she becomes desperate, unable to retreat to her fantasies and so this deeper layer of her desires is revealed. You can read also  Similarities and Conflicts in † a Streetcar Named Desire† Yet, Blanche does not know how to face these feelings and she senses to give into them could be disastrous for her. As Stanley advances towards her, she tells him, â€Å"I warn you, don’t, I’m in danger! † but Stanley has made sure that this time there is no where for her to hide. In her final act, she silently acknowledges that her own desires have also led to this date. It is interesting that neither Blanche nor Stanley seriously seem to consider Stella as Scene Ten reaches a climax. They both recognise that somehow they are drawn together and also repelled by forces that are directly between them and that have little to do with Stella. Things come to a head so quickly that it is as if tensions have been bubblingore emotionally and mentally crippled than before. Yet, Stanley and by extension Stella, are not clear victors. Like Blanche, Stanley is also revealed to be capable of deceit, he does not admit the truth of what happened between him and Blanche to his friends, to Stella, and maybe not even to himself. Stella makes a conscious decision to believe Stanley instead of her sister because to do otherwise would be both emotionally and economically difficult with a new baby so she, too, is engaging in a measure of self-deception. Stanley survives because of sheer physical presence, not because of any innate superiority. Blanche suffers overall on many fronts in her new environment, but in conclusion although one does feel pity for Blanche she has to a large extent with her own weaknesses brought her own downfall. Blanche can not compete in the new household she is placed in Stella has already claimed her territory and ultimately will choose her marriage over her sister. Blanches past erupts into the present and without at the forefront is the contradiction to the facade Blanche has put up over her sexual needs and desires. So confused is Blanche over sex the one weapon she has to gain a husband her sexuality she can no longer use. In the end Blanche is living in a era which was smashed a hundred years before this moment of time in the play. This era Blanche lameness in is the gentile society of Southern America with wealthy European colonials engaging politely in society. For Blanche this refusal to let go of the past and adjust to her new surroundings and the How to cite A Streetcar Named Desired, Papers