MOD 4 CA FIN 301 Essay Example | Topics and Well Written Essays - 500 words

MOD 4 CA FIN 301 - Essay Example It provides results that are simple to comprehend. This is a very useful method for comparing projects of the same size mostly least cost situations. NPV enables the comparison of various rates of interest and also helps analyses what the earning would be if another project were taken up (Weston and Copeland, 1988). The main drawback in this method is that it does not take into account the profitability of a project. This is accomplished by computing profitability index (PI) for the projects and taking the decision accordingly. Hence it is essential that both NPV and PI are computed in order to be able to arrive at a profitable and most rational decision (Burke and Wilks). Internal rate of return on the other hand can be used to assess risk in all projects and it has an intuitive appeal. This method basis its calculations on the cash flows rather than on earnings. However it is not possible to have an accurate solution using this method since one project can have more than one IRR, with very extensive and complicated calculation

Corporatocracy Personal Statement Example | Topics and Well Written Essays - 250 words

Corporatocracy - Personal Statement Example The wealthy elite have the capacity to bribe government officials because of their financial clout; thus, they are able to rule the society. This to me is a system that does not benefit the currently struggling American family. As a Pakistani national who belongs to one of the influential political families in the country, being politically victimized in the late 1990s by the government provided the impetus for one’s decision to delve into the Foreign Service career. One decided to live in New York for the past two years to pursue higher education. I have witnessed western politics during this span of time and had the opportunity to compare Western politics and the ruling corporatocracy. The greed and tyranny of corporatocracy pushes the economy further down because it only benefits corporate executives and politicians. Their very existence is driven by selfish interests and therefore failed to consider social responsibility and utilitarianism. If corporations are not able to achieve the profit that they want because of legal impediments, their preferred option is to give unlimited campaign donations to politicians who can push for legislations that will benefit their companies. Hopefully, a career in Foreign Service will be my stepping stone towards the achievement of both personal and professional goals of trying to educate and convince people in corporations and governments, as well as the general public, that corporatocracy is not the answer to the economic and financial woes of the