scholarly journals Improving Financial Performance Using Capital Budgeting Method Towards Cleaner Eyewear Product: A Case Study of Nasho

2020 ◽  
Vol 5 (6) ◽  
pp. 128-135
Author(s):  
Mia Juliani ◽  
Raden Aswin Rahadi

The purpose of this study was to know the factor that can be improved in the financial performance of Nasho. Nasho is a brand that focuses on offering products for eyeglass and helmet application that can be water, dew and dust repellent by utilizing the application of nanotechnology in the scope market of Bandung. However, to adapt the technology for Nasho is currently hampered by the limited capital to develop the technology itself. The company needs to manage the capital and minimize the cost to optimize the finance. The company needs to control the cost and expenses to avoid the high number of costs and expenses in terms of the development business stage. The research will use a qualitative approach by conducting interviews to Mr. Reza optics that will cooperate with Nasho to sell the product and use secondary data information from literature review, journal, books and primary data from financial history of Nasho and survey from the consumer of Nasho namely College student, Medical staff and Motorcycle riders and the components that are relevant to the conceptual framework. Survey used to get the consumer product and buying tendency information from Nasho’s consumer to validate the assumption of brand, price and buying intencity. Interview was conducted to get the suitable number of sales that are being used for cash flow forecasting scenario. The findings of this research is Nasho had low financial performance in the first two years of the business. After the evaluation, this can be improved by making a financial planning mix for short term and long term using the capital budgeting method in the form of three optimal scenarios of cash flow, Net Present Value (NPV), IRR and payback period that can be used as an optimal plan to run this business for the next five years.

2016 ◽  
Vol 3 (3) ◽  
pp. 143
Author(s):  
Stephanie Dewi ◽  
Purwita W Laksmi ◽  
Ari Fahrial Syam ◽  
Esthika Dewiasty ◽  
Euphemia Seto

Pendahuluan. Sindrom frailty berkaitan dengan angka morbiditas dan kematian yang lebih tinggi, sehingga dipakai sebagai prediktor kesehatan pada orang usia lanjut (usila). Polifarmasi sebagai salah satu faktor risiko sindrom frailty dapat berkaitan dengan obat Proton Pump Inhibitor (PPI) yang sering diberikan pada usila atas indikasi adanya keluhan gangguan saluran cerna bagian atas. Sampai saat ini belum ada penelitian yang mempelajari hubungan PPI jangka panjang dan sindrom frailty pada usila.Metode. Studi kasus kontrol pada pasien usila di Rumah Sakit dr. Cipto Mangunkusumo (RSCM), Jakarta. Kelompok kasus adalah usila terdiagnosis Frailty menurut FI-40 item dan kontrol adalah usila yang tidak frail berdasarkan instrumen yang sama. Data yang digunakan pada penelitian ini berasal dari data sekunder status frailty berdasarkan penelitian sebelumnya dan data rekam medis poliklinik Geriatri dan poliklinik diabetes RSCM.Hasil. Didapatkan 225 subjek (75 kasus: 150 kontrol), 59,6% berjenis kelamin perempuan (rerata usia 72,14 tahun; simpang baku ± 6,4 tathun) dan 47,1% berpendidikan tinggi. Subjek yang berpendidikan rendah, berstatus cerai mati, berstatus nutrisi lebih buruk, tidak mandiri, memerlukan caregiver, hidup tidak berkecukupan dan kondisi kesehatan yang lebih buruk lebih banyak didapatkan pada kelompok frail dibandingkan kelompok yang tidak frail. Proporsi pengguna PPI Jangka Panjang sebesar 40,9%. Penggunaan PPI jangka panjang meningkatkan risiko sindrom frailty (Crude OR 2,15; IK 95% 1,22- 3,78; p<0,007) dengan adjusted OR 1,83 (IK 1,0-3,36) terhadap variabel nutrisi dan merokok.Simpulan. Penggunaan PPI jangka panjang (≥ 6 bulan) secara independen meningkatkan salah satu risiko sindrom frailty pada usila.Kata Kunci: frailty, geriatri, proton pump inhibitor jangka panjang, usia lanjutThe Effect of Long-Term Proton Pump Inhibitor Use on Frailty Syndrome in Elderly PatientsIntroduction. Frailty syndrome, the newest elderly health predictor, associated with higher morbidity and mortality. PPI are often used in elderly due to presence of upper gastrointestinal complaints, and relates with polypharmacy as one of the risk factor for frailty syndrome. There is no study of the relationship between long term PPI use and frailty syndrome in elderly.Methods. A case control study included subjects 60 years and above with good cognitive status. All subjects with history of hypersensitivity of PPI were excluded. Elderly who were frail based on FI-40 item were defined as cases, while individuals that were not frail were classified as control. Primary data (included frailty status) was collected on March-June 2013 by Seto E and Sumantri S, et al. Secondary data used in this current study were gathered from the primary data of previous research and from the medical record taken from geriatric and diabetic outpatient clinics Cipto Mangunkusumo Hospital.Results. There were 225 subjects collected (75 cases: 150 controls), 59,6% were female (mean age 72,14 years old, SD ± 6,4 years) and 47,1% with higher education. Lower education, divorced, poor nutrition, dependent, needed caregiver, economically insufficient, more comorbidity and poor health condition were seen in frail group. The proportion of long term PPI use were 40,9%. Long term PPI medication increased the risk of frailty syndrome (Crude OR 2,154; CI 95% 1,225-3,778; p<0,007) with adjusted OR 1,83 (CI 95% 1,02-3,37) after adjusting with nutrition and smoking variables.Conclusions. Long term use of PPI significantly increase the risk of frailty syndrome compared to the non-users.


Author(s):  
Md. Nurun Nabi ◽  
Mst. Marium Akter ◽  
Ahashan Habib ◽  
Abdullah Al Masud ◽  
Subrata Kumer Pal

Ready-made garments (RMG) are one of the most critical sectors in the economy of the South Asian region in terms of the labor force employed and export earnings. This research study aims to determine the Corporate Social Responsibility Stakeholders dimension and its influence on textile firms Performance. The study used organizational legitimacy as mediating variable between the CSR stakeholders and firms’ performances. The research study was used in the quantitative analysis approach to determine the cause and effect of the relationship between CSR and Textile firm’s financial and non-financial performance. Though the study collected primary data & secondary data from 250 respondents using survey questionnaires, the researcher obtained secondary data by analyzing the audited annual and sustainability reports of various RMG companies. We have collected data by conducting a focus group interview forming a team of employers, top-level managers, and CSR officers. We asked them all the questions, filled it, tapped it, reserved it for the interpretations. We have surveyed 67 industries, but it enabled us to collect the data from the 50 sectors—the data collected from 2016 April to 2018 December. Our study has some limitations in that the sample size is small compared to the other research. SPSS-23 & MS-Excel were used to analyze the collected data. CSR practices benefitted RMG companies in terms of long-term sustainable development by increasing the firm’s financial and non-financial performance of the RMG sector.


2021 ◽  
Vol 6 (9) ◽  
pp. 545-560
Author(s):  
Nurfaiz Firdauzi Ilyas ◽  
Atika Irawan

Raiment is an MSME company engaged in clothing convection which aims to provide convenience through online sales and ordering. However, currently it still does not have its own production house and is still outsourcing by collaborating with other companies in its production, as Raiment's business is considered not to meet expectations from stagnant growth and unstable revenue. Raiment wants to open its own production house so that it does not depend on other companies in its production and can maximize profits. The purpose of this study was to determine the financial feasibility of Raiment to open its own production house. This study uses a qualitative approach through interviews and company historical data as primary data, as well as secondary data from literature reviews, journals, and books. In this study, an analysis of the industry was also carried out through PESTEL analysis and porter's five forces, as well as about the company through SWOT and financial reports. To analyse the problems that exist in the company, a fishbone diagram is used. And to analyse the financial feasibility of the company's strategy to open its own production house using the payback period, net present value, and internal rate of return. The investment in opening a production house will be financed by equity of Rp66,500,000. The results show that Raiment is feasible to open its own production house, with a payback period of 1.4 years, a positive NPV of IDR 235,260,441, and an IRR of 36.08% which is more than the cost of capital of 4.18%. 


2016 ◽  
Vol 1 (1) ◽  
pp. 126
Author(s):  
Agnes Ogada ◽  
George Achoki ◽  
Amos Njuguna

Purpose: The purpose of the study was to determine the effect of synergy on the financial performance of merged institutions.Methodology: The study adopted a mixed methodology research design. The study population included all the 51 merged financial service institutions in Kenya. Purposive sampling was used. Primary data was obtained from questionnaires and a secondary data collection template was also used. The researcher used quantitative techniques in analyzing the data. Descriptive analysis for the study included the use of means, frequencies and percentages.  Inferential statistics such as correlation analysis was also used. Panel data analysis was also applied. Further, a pre and post merger analysis was used.Results: Synergy had a significant relationship with financial performance of merged institutions.Unique contribution to theory, practice and policy: The study recommended that institutions should critically evaluate the overall business and operational compatibility of the merging institutions and focus on capturing long-term financial synergies. They should increase their scope to create high performing supply chains with significant long-term upside that provide sustained value for customers and stakeholders.


2021 ◽  
Vol 6 (1) ◽  
pp. 103
Author(s):  
Bambang Saputro ◽  
Firmansyah Firmansyah ◽  
Fachroerrozi Hoesni

This study aims to determine the business feasibility of RPH which is a case study of Cahaya 9 slaughterhouse from technical aspects and financial aspects as well as sensitivity. This research was conducted from November 5th to December 4th 2020. The object observed in this study was the Cahaya 9 Private Slaughterhouse (RPH) in Muaro Jambi Regency. The data obtained from this study are primary data and secondary data. The results of technical and technological analysis show that only 46.88% of the facilities in Cahaya 9 Slaughterhouse comply with the provisions of the Regulation of the Minister of Agriculture Number 13 / Permentas / OT.140 / 1/2010 concerning Requirements for Slaughterhouses and Meat Handling Units. ) and SNI 01-6159-1999 concerning animal slaughterhouses.Financial analysis at an interest rate of 12 % shows that Net Present Value > 1 (2,033,681,438), Net Benefit / Cost > 1 (3.10) and Internal Rate of Return > 1 (66.59). The results of this analysis indicate that the light 9 RPH business is financially feasible to continue. Financial feasibility but sensitive to changes (increase) in purchasing capital for livestock. The cost of purchasing beef cattle reaches 97.10% of the total operating costs. At an interest rate of 12 %, the cost of purchasing beef cattle will result in an NPV <1 of -8,488,856,574, Net B / C <1 of -7.78 and an IRR of negative, which results in the business being unfit.


2018 ◽  
Vol 1 (1) ◽  
pp. 76-89
Author(s):  
Keshav Prasad Shrestha

Large Cardamom is major exportable commodities prioritized by Ministry of Commerce and Supply in Nepal. However, no study has been reported for its financial analysis in the country. In this context, this study was designed and conducted in Ilam, Panchthar, and Taplejung to assess the profitability and financial viability of cardamom production. Primary data needed for the study were collected using structured survey schedule with 30 randomly selected cardamom growers from each selected district in May-July 2017. Primary information mainly compose information on investment cost, operating cost and revenue. Three Focus Group Discussions were also carried out in each district for triangulation of collected information. The secondary data were used for the Compound Annual Growth Analysis and financial analysis. The economic yield starts from the fourth year and remains similar up to 20 years. But, it was found from the study that with the proper management of the crop cultivation packages, about 10% yield starts from third year which have not been reported yet. The financial analysis result showed that, the Return on Investment was found about 160% with payback period of 4.09 years. Similarly, Net Present Value was assessed at NRs. 3,545,771 at 12% discount rate. Likewise, the Internal Rate of Return Benefit-Cost Ratio of cardamom production was 82.6% and 3.06, respectively. The sensitivity analysis with 20% increase in the cost of production and 20% decrease in the sold price rate also found profitable and viable enterprises as its Return on Investment is 34%, PBP is 5.64 years, NPV equals NRs. 2,154,393, IRR 57.6% and BCR found 2.06. Hence, the study recommends that this enterprise is very profitable and viable and farmer could invest confidently even its rate fluctuates very often.


1993 ◽  
Vol 24 (4) ◽  
pp. 130-133
Author(s):  
S. Paulo

The purpose of this technical note is to draw attention to the problems which are inherent in the use of certainty equivalent coefficients as an approach to incorporating risk into capital budgeting. More specifically, the certainty equivalent coefficient net present value criterion violates an important principle of cash flow determination for discounted cash flow analysis. Further, this approach precludes the use of net present value profiles which are pivotal when evaluating conflicts among mutually exclusive projects. In addition, use of certainty coefficient equivalents amounts to an acknowledgement that the concept, function and use of the cost of capital is improperly understood.


2017 ◽  
Vol 10 (6) ◽  
pp. 361
Author(s):  
Monica Latu Melati ◽  
Ariadne Kristia Nataya ◽  
Alfonsus Arianto Wibowo

Abstract:Semarang Chinatown  is a special  district in Semarang City  known with its chineese culture, where chineese citizen of Semarang have been living  for centuries. The sustained chineese culture in this area makes Semarang Chinatwon as an urban heritage and cultural artefact in Semarang City. The aims for this paper are to investigate the factors shaping Chinatown Semarang, the development of Chinatown Semarang from time  to time, the urban form elements in Semarang Chinatown, and the correlation between morphological components of Semarang Chinatown. This writing use some review methods, first theoritical overview to get secondary data about physical or non-physical factors forming city, second observation area such as collecting photos and interviewing to get primary data. Data review analysis use qualitative data analysis which is configure with the problems and aims that have been appointed.Keywords:elements of urban form, morphological components, history of Semarang ChinatownAbstrak: Kawasan Pecinan Semarang adalah sebuah kawasan di kota Semarang yang sangat kental dengan budaya Tionghoa. Di sinilah warga keturunan Tionghoa sejak berabad-abad silam menetap di Semarang. Adanya budaya Tionghoa yang masih sangat terjaga menjadikan Kawasan Pecinan Semarang ini sebagai kawasan urban heritage dan artefact budaya di kota Semarang. Tujuan penulisan adalah untuk menemukan faktor pembentuk Kawasan Pecinan Semarang, mengetahui perkembangan Kawasan Pecinan Semarang dari masa ke masa, mengetahui pola bentuk dan elemen kawasan pada Kawasan Pecinan Semarang, serta mengetahui kaitan antara faktor pembentuk kawasan terhadap perkembangan Kawasan Pecinan Semarang. Penulisan ini menggunakan metode kajian berupa tinjauan teori untuk memperoleh data sekunder mengenai faktor-faktor pembentuk kota baik secara fisik maupun non fisik, serta observasi lapangan berupa pengumpulan foto yang dilengkapi dengan wawancara untuk memperoleh data primer. Analisis data kajian dilakukan dengan menggunakan analisis data kualitatif yang disesuaikan dengan permasalahan dan tujuan yang telah ditetapkan.Kata kunci:Elemen Kawasan, Faktor Pembentuk Kawasan, PerkembanganSejarah Kawasan Pecinan Semarang


1970 ◽  
Vol 3 (1) ◽  
Author(s):  
Fikri Fathurahman Aziz

This study aims to analyze financially (net present value, revenue cost ratio, internal rate of return, break event point, return on investment and payback period) feasibility of kampung super chicken farming Mr. Suparlan in Jojog village, district Pekalongan, East Lampung regency. The data used in the form of quantitative and qualitative data sourced from the primary data and secondary data which is then analyzed descriptively. Based on the analysis, it is known that kampung super farm is financially feasible to cultivate. This is indicated by the positive value of net present value (NPV) of Rp 186,568,517, revenue ratio (RCR) 1.59, internal rate of return (IRR) of 135.82%, return on investment (ROI) of 43%, and the value of payback period (PP) of 0.50. Keywords: financial feasibility, kampung chicken, chicken farm


2021 ◽  
pp. 227853372110083
Author(s):  
Smita Mukherjee ◽  
Zubin R. Mulla

We examine the cost of leaders changing between empowering and directive leadership styles on team outcomes. In a laboratory experiment, we collected data from 240 participants in 80 teams. Confederates enacted different leadership styles and led teams of participants in performing a series of tasks. When leaders changed their style from directive to empowering, teams took time to respond in terms of higher satisfaction with leader and affective commitment. However, when leaders changed their style from empowering to directive, the deterioration of satisfaction with leader and reduction in affective commitment were immediate. Moreover, teams of leaders who had been consistently directive showed higher affective commitment as compared to teams of leaders who had a history of being empowering but later shifted to being directive. First time managers can get inputs on how they should enact their leadership style and be aware that switching between styles may impose long-term costs on the team’s affective commitment and satisfaction with the leader.


Sign in / Sign up

Export Citation Format

Share Document