Business Appraisal in Decision Making Essay Example | Topics and Well Written Essays - 3750 words

Business Appraisal in Decision Making - Essay Example This report will focus on advising NENE Limited based on the calculation results from various case scenarios to help the management will inform decision making on project choice and well as costing methods to choose. Projected cash flows represent the forecasted movement of cash within a given project. The higher the cash flow, the more preferable the project is since it lets in more cash (Kousenidis, et al., 2006). Alpha has a cash flow of 105,000 pounds while it is projected that Beta will have a cash flow of 83,000 pounds by the end of the project’s life. Alpha will make a better project for NENE than Beta if implemented. On the basis of payback period, a project that can repay its initial invested amount faster enables the owners to begin collecting profits early (Avery, et al., 2011). Such a project is usually chosen when there is one another one with a longer payback period. Alpha project will repay its initial invested amount within 2.8 years. While Beta project will repay after within 3.1 years. Alpha will repay earlier than Beta, therefore, NENE Limited should choose Alpha project. The criteria for using Accounting Rate of Return is that the higher the rate, the more efficient the project. The rate shows the rate at which the project will give back its returns (Kapler, 2000). A project that gives back its returns at a higher rate is most preferred. Alpha project has an ARR of 29.4% while Beta project has ARR of only 1.6%. It is clear that Alpha will give higher returns faster than Beta. The management should, therefore, choose Alpha project. When using the Net Present Value, it is advisable that the project with a positive NPV be accepted (Feinstein & Lander, 2002). NPV shows the forecasted present value of the project by the time of its completion (Shrieves & Wachowicz, 2001). A positive NPV, therefore, shows that the project will achieve a profit. A project with a higher NPV is more preferred since it increases the shareholders’ income. Alpha project has an ARR of 29.4% while Beta project has ARR of only 1.6%.  

Should insurance companies which cover the cost of Viagra Research Paper

Should insurance companies which cover the cost of Viagra prescriptions also be required to cover birth control and regular exam - Research Paper Example Due to this event, women felt that the insurance companies thought of them as inferior beings and this led to the protest created by women for coverage of birth control devices. Women believe that they have a right to free birth control and they have been fighting in its favor for several years, on the other hand the insurance companies have countered the proposal of insuring birth control segment because they believe this will further increase the premiums that individuals have to pay for a health plan. During 2002, New York successfully became the 20th state of US who made it legally obligatory for insurance companies and employers to provide coverage for contraceptive for women (Hammaker 98). Due to this 50% of women started having access to some sort of free coverage for birth control and contraceptives. During the year 2003, similar kinds of legal adjustments were made to the constitution by the states of Arizona and Massachusetts. During 2012, President Obama made an announceme nt that the health insurance coverage providers will be legally responsible to cover for women’s contraceptives without taking any charges from them. Before this announcement was made 28 states had already added this kind of rule to their constitution. There are several reasons that support of free coverage of birth control and contraceptives for women, these includes Body The mandate for free contraceptive coverage for women have been circulating throughout the senate for several years, in 2002 the subcommittee of congress took up this mandate in the senate. Gloria Feldt states that its high time since the idea of free coverage have been debated and its time to implement the idea and she believes that health insurance coverage providers are giving better deals to the male gender than the female gender (Feldt 132). According to research that when women reach their age in which they become eligible to give birth, they spend more money on contraceptives and birth control throug h their own money as compared to men. Females of US protest that the pill required for birth control is quite expensive as it can only be obtained through prescription and due to the high cost of the pill; several females fail to obtain it at the desired time period. The estimated cost of the pill for birth control and a visit to the physician leads to an expenditure of $30 on monthly basis (Feldt 132). Those who are protesting in favor of free coverage of birth control state that they can not figure out a single reason due to which employers and the insurance companies are not covering birth control and contraceptives as birth control have several benefits for them. Activists take support through a study that states that when $1 is spend on birth control and issues such as family planning, a total of $4 to $14 is saved by the public which they would have spend in pregnancy and birth control related procedures (Feldt 132). Sex is a part and partial of life, individuals who stop gett ing in the act just due to the high cost of birth control end up suffering from health diseases and they even experience emotional issues and stress. If coverage for contraceptives and birth control is provided, individuals would freely continue to take part in healthy sex and keep themselves away from other health issues. Population control is a major issue that can be countered with the assistance of such initiatives. Insurance companies counter the arguments of the female activists that they are wrong in