Monday, May 19, 2008

Politics Today


A picture tells a thousand words.
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Good day and goodnight

Sunday, May 18, 2008

4 minutes to 3am



Butterfly Down!

It was friday 950am, and i was suppose to have class at 930am, well, i'm late obviously, but again, Dr Ben will be spending his time setting up the projector for about, half an hour? yeah, in the end, i was only late for 10 minutes. i reached class at 1010am. surprising har. gg.com

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Singapore tourism hot spots are all charging at the ringgit malaysia rate. which means, these selected places are all 50% discounts if u're a malaysian. cool.. and it's ends at june 30th. Leng Lui crystal, waiting for u to come back, then we couch there together with the brothers!!! GAN JONG!!



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Starbucks Midvalley - I owe her one cup of starbucks because i promised her that if she start blogging, i'll buy her one cup. check out her blog over here.

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Oh, and on my way to ym's house, guess who i saw? xiao xun, this time is not ms okay people, that fella.. okay lar.. i was waiting infront of the steam boat stores at the back of my house due to the traffic jam.

and being a guy, of course i wont spend my stupid time looking in front lar, boring proton wira(no offense alex and kam), then i turn to my right lor, checking out chiqs, then i saw this cute girl, looking very decent.

then!!! next to her, i saw a familiar hairstyle, then i saw a black singlet! then i was like, hoi! that was xiao xun wei! wind down the window, shouted his name, "that time he must be very scared because he was in some place not of his own, like got gangster want to chop him like that" that kind of look.. lol....

sorry lar xiao xun, leng lui of course let people gap one.. ngek ngek..
(a little salt and pepper was added of course; but the black singlet was for real)

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good day and goodnight

Saturday, May 17, 2008

I have a serious problem

This is not the best answer, I need my soul back. No feel ar write this assignment that time, this is bad.

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(vi) Decision Making between the 5 Results

Based on the results above, the payback period rule is important because a faster return on the asset is of a more concern. But the payback period only has a minimal difference of a 0.04 period, we should then use the Net Present Value (NPV).

Considering the results above, I would suggest the green tractor because 1st of all, the tractor generates a higher cash flow over the 5 years period despite it has a slower rate of return. As a finance manager, we should maximise the shareholder’s value. By doing so, the green tractor produces a higher cash flow.

Although the red tractor does bring an earlier return through the payback period rule to cover the cost of the red tractor, the differences between the two assets are only separated by a month. It should be disregard where the red tractor requires 3 years 3 months and approximately 2 days while the green tractor requires 3 years 3 months and approximately 9 days to recover the cost of the asset.

Regardless of the payback period, the net present value shows that the green tractor generates a higher value for the shareholders.

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The factors that determine a cost of capital are general economic conditions, market conditions, and marketability of the securities (bonds, ordinary share, and preference share). Other than that, the firm’s operating and financing decisions involving business risks and financing risks. The amount of financing requires which is how much finance you can raise.

The cost of capital is the rate of return that the firm must receive on the wealth invested by the shareholders of the company in order to keep them satisfied.

The firm has two kinds of cost of capital. One of the costs of capital is that the bank borrows money from financial institutions and paying back an annual interest to the financial institutions regularly.

On the other hand, the firm’s alternative choice is to use the shareholder’s money. In which results to a debt and equity finance. These investors require a return on their investment. In which the firm has to consider paying the investors in the form of dividends or other sources of income, for example issuing a bonus share to the investors.

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My essay sucks wei. Help... I need serious help...

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good day and goodnight.