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Students have some homework responsibilities which help them to excel in their academic career.
Student should understand the homework expectations of the teacher. Second is student should take homework as a high priority and they should organize their time. Difficulties should be communicated with the teachers and experts and at last the homework should be completed in an appropriate manner. In all the above steps online homework helper plays the important role in sorting out students homework difficulties.
Our Approach as Homework Helper
You can understand our approach through example related to Capital Budgeting Assignment Help case . The detail explanation and approach is given in proceeding sections.
The issue in this case is to prepare a budget using Capital budgeting tool so as to select the best alternatives to replace existing outdated milling machine. The main issue is to replace it immediately as maintenance cost is on increasing trend. The final decision to replace existing machine lies with the CEO of the company.
Key Success Factor
The key success factors to replace the old machine in this case are as follows:-
- Detailed preparation of Cost Benefit analysis
- Appropriate use of Capital Budgeting tools
- Analyzing both Qualitative and Quantitative factors before taking final decision
Identification of Alternatives
The major alternative sto replace the existing outdated machines are as follows:-
- Build a General Purpose Machine
- Buy a numerically controlled milling machine
- Buy a general purpose machine
The quantitative analysis is done by calculating NPV for all the three alternatives by deducting cash outflows from the inflows as given below:-
|Net Cash Flow||(224,500)||134,313||134,313||134,313||134,313||134,313|
|Initial Training & labor Cost||93,000|
|Net Cash Flow||(718,000)||207,250||207,250||207,250||207,250||232,250|
|Net Cash Flow||(295,000)||134,313||134,313||134,313||134,313||139,313|
The analysis clearly shows that NPV is highest in the first case so the company must consider this as its final option.
The qualitative analysis will be done using the various qualitative benefits company will get from each of the alternatives. From the case it is clear that company has experience of building such machine in the past. So it is better company go with first option as it will help the company to build core competency in building this machine in the long run.
The qualitative, as well as quantitative analysis, clearly shows that company must select first option as NPV is highest in this case and also it will help to fulfil strategic purpose in the long run.
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