counterexample taken from Copeland and Weston (1988), (ii) a modus-tollens argument showing that this notion of NPV is incompatible … with additivity, (iii) a formalization showing that this NPV does not fulfil the principle of description invariance (iv …

public finance and corporate finance in CAPM, dividend discount model, project valuation, calculating NPV, valuing income …

counterexample taken from Copeland and Weston (1988), (ii) a modus-tollens argument showing that this notion of NPV is incompatible … with additivity, (iii) a formalization showing that this NPV does not fulfil the principle of description invariance (iv …

In capital budgeting, the internal rate of return (IRR) criterion and the net present value (NPV) criterion are …. The equivalence of the IRR and the NPV methods extends to the use of the ROE. An illustrative example is presented where … between the two alternative terminal positions may equivalently be expressed in terms of the system’s IRR or the system’s NPV …

wallichiana (from Murree forest) are the species included in this study. Estimation of NPV (Net present value) and IRR (Internal … one year delay in revenue is also calculated. The results show that NPV decreases with increase in interest rate and delay …

’s profitability in the textile sector of Pakistan. WCM plays an important role in firm’s financial management decisions. An optimal … WCM is expected to contribute positively to the creation of firm’s value and enhancement of its profitability. Working … variables are also used to investigate their effect on profitability (net income). A sample size of 55 textile companies in …

profitability. We find that the relation between customer concentration and firm profitability is more complex than recent … find a different result for younger, less profitable firms where customer concentration impairs firm profitability and … significantly increases distress risk. Thus, the relation between customer-base concentration and profitability is non-linear; it is …