scholarly journals Efficient Utilization Of InterContinental New Orleans Hotel Resources After Hurricane Katrina: A Case Study

2010 ◽  
Vol 6 (3) ◽  
Author(s):  
Magdy Noguera ◽  
Carlos Omar Trejo-Pech ◽  
Jorge Santana
Keyword(s):  
Hurricane Katrina ◽  
New Orleans ◽  
Cost Of Capital ◽  
Flow Analysis ◽  
Weighted Average ◽  
Capital Budgeting ◽  
Efficient Utilization ◽  
Discounted Cash Flow ◽  
Upper Level

A significant capital budgeting problem faced the InterContinental New Orleans Hotel after the wake of Hurricane Katrina in 2005. The problem was presented to students as a case study.  Students were provided firm specific and market data to perform a detailed discounted cash flow analysis, including estimation of the weighted average cost of capital and the corresponding sensitivity analysis.  The case is designed to be used in an upper level undergraduate corporate finance class.

Human-Environment Interactions: A Plea for the Humanities

2007 ◽  
Vol 2 (2) ◽  
pp. 210-222 ◽  
Author(s):  
Nancy Tuana
Keyword(s):  
Social Sciences ◽  
Hurricane Katrina ◽  
New Orleans ◽  
Global Community ◽  
Human Environment

Research on human-environment interactions often neglects the resources of the humanities. Hurricane Katrina and the resulting levee breaches in New Orleans offer a case study on the need for inclusion of the humanities in the study of human-environment interactions, particularly the resources they provide in examining ethics and value concerns. Methods from the humanities, when developed in partnership with those from the sciences and social sciences, can provide a more accurate, effective, and just response to the scientific and technological challenges we face as a global community.

INFINITI HR – professional employer organizations

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Susan White ◽  
Karen Hallows
Keyword(s):  
Financial Analysis ◽  
Flow Analysis ◽  
Capital Budgeting ◽  
Discounted Cash Flow ◽  
Content Type ◽  
Analysis And Evaluation ◽  
Academic Level ◽  
Course Of Action ◽  
Basic Capital ◽  
Current Events

Theoretical basis Students need to know basic capital budgeting techniques to value INFINITI and its competitors. Issues include how to: handle taxes in a discounted cash flow analysis when valuing an S Corp. where incentives depend on current (known) and future (unknown) tax provisions; value a firm using comparable multiples analysis and transactions data; assess the costs and benefits of acquiring a firm versus being acquired; and analyze an industry and perform a ratio and financial statement analysis. Research methodology The case information was obtained through interviews with co-founder Mark Schwaiger. In addition, the authors researched industry and comparable company data, along with current events relating to the professional employer organization (PEO). Financial data was obtained from the owners and competitor data was obtained from Thomson One and Bloomberg. Case overview/synopsis INFINITI HR was a PEO providing comprehensive human resources to their clients. Co-founders Scott Smrkovski and Mark Schwaiger were at a crossroads at the end of 2015 trying to determine the best course of action to take with their company to grow and prosper. One option was for INFINITI to be acquired by a larger company and the second option was for INFINITI acquire a smaller company. In this case, students have the opportunity to do a financial analysis and evaluation of INFINITI and its competitors to determine which option is the best. Complexity academic level This case is intended for an advanced undergraduate or an MBA corporate finance class.

scholarly journals Hurricane Katrina (2005). Part II: Evolution and Hemispheric Impacts of a Diabatically Generated Warm Pool

2007 ◽  
Vol 135 (12) ◽  
pp. 3927-3949 ◽  
Author(s):  
Ron McTaggart-Cowan ◽  
Lance F. Bosart ◽  
John R. Gyakum ◽  
Eyad H. Atallah
Keyword(s):  
United States ◽  
Hurricane Katrina ◽  
North Atlantic ◽  
North Atlantic Ocean ◽  
Flow Analysis ◽  
Warm Pool ◽  
The United States ◽  
The North ◽  
The North Atlantic ◽  
Upper Level

Abstract The landfall of Hurricane Katrina (2005) near New Orleans, Louisiana, on 29 August 2005 will be remembered as one of the worst natural disasters in the history of the United States. By comparison, the extratropical transition (ET) of the system as it accelerates poleward over the following days is innocuous and the system weakens until its eventual demise off the coast of Greenland. The extent of Katrina’s perturbation of the midlatitude flow would appear to be limited given the lack of reintensification or downstream development during ET. However, the slow progression of a strong upper-tropospheric warm pool across the North Atlantic Ocean in the week following Katrina’s landfall prompts the question of whether even a nonreintensifying ET event can lead to significant modification of the midlatitude flow. Analysis of Hurricane Katrina’s outflow layer after landfall suggests that it does not itself make up the long-lived midlatitude warm pool. However, the interaction between Katrina’s anticyclonic outflow and an approaching baroclinic trough is shown to establish an anomalous southwesterly conduit or “freeway” that injects a preexisting tropospheric warm pool over the southwestern United States into the midlatitudes. This warm pool reduces predictability in medium-range forecasts over the North Atlantic and Europe while simultaneously aiding in the development of Hurricanes Maria and Nate. The origin of the warm pool is shown to be the combination of anticyclonic upper-level features generated by eastern Pacific Hurricane Hilary and the south Asian anticyclone (SAA). The hemispheric nature of the connections involved with the development of the warm pool and its injection into the extratropics has an impact on forecasting, since the predictability issue associated with ET in this case involves far more than the potential reintensification of the transitioning system itself.

Methodologies and Techniques for Determining the Value of an Aircraft

2020 ◽  
pp. 036119812095841
Author(s):  
Bijan Vasigh ◽  
Farshid Azadian ◽  
Kamran Moghaddam
Keyword(s):  
Cash Flow ◽  
Flow Analysis ◽  
Operating Costs ◽  
Asset Valuation ◽  
Discounted Cash Flow ◽  
Valuation Model ◽  
Exogenous Factors ◽  
New Generation ◽  
Operating Revenue

Aircraft valuation and the estimation of an accurate aircraft price is undoubtedly a challenging task that has significant consequences for airlines. This paper presents an asset valuation model to show how a series of endogenous as well as exogenous factors can influence the value of an aircraft. Specifically, a discounted cash flow methodology is used to forecast the valuation of an old or new generation aircraft. Both total operating revenue and aircraft operating costs are taken into account to devise a reliable pre-tax profit measurement that is used as the basis of the discounted cash flow analysis. A sensitivity analysis based on Monte Carlo simulation is utilized to identify which factors have a more significant influence on the suggested aircraft value. Therefore, it addresses how value fluctuates in response to economic fluctuations. Indeed, the calculated value of an aircraft highly depends on the underlying assumptions used. The calculated value is compared with available data in a case study for verification.

Usec Inc.

2017 ◽  
pp. 1-11
Author(s):  
Kenneth M. Eades ◽  
Ben Mackovjak ◽  
Lucas Doe
Keyword(s):  
Stock Price ◽  
Capital Investment ◽  
Net Present Value ◽  
Cost Of Capital ◽  
Investment Decision ◽  
Weighted Average ◽  
Cash Flows ◽  
Primary Objective ◽  
Discounted Cash Flow ◽  
Important Input

This case is designed to present students with the challenges of formulating a discounted-cash-flow (DCF) analysis for a strategically important capital-investment decision. Analytically, the problem is representative of most corporate investment decisions, but it is particularly interesting because of the massive size of the American Centrifuge Project and the potential of the project to significantly affect the stock price. Students must determine the relevant cash flows, paying close attention to the treatment of input costs, selling prices, timing of investment outlays, depreciation, and inflation. An important input is the appropriate cost of uranium, which some students argue should be included at book value, while others argue that market value should be used. Although the primary objective of the case is to focus on the estimation of cash flows, students are provided with a straightforward set of inputs to estimate USEC's weighted average cost of capital. The case is designed for students who are learning, or need a refresher on, DCF analysis. Because of the basic issues covered, the case works well with undergraduate, MBA, and executive-education audiences. The case also affords the opportunity to explore a variety of issues related to capital-investment analysis, including relevant costs, incremental analysis, cost of capital, and sensitivity analysis. The case is an excellent example of the value of a firm as the value of assets in place plus the net present value of future growth opportunities.

Building Trust through Social Media in Times of Crisis: Cultural Persuasion, Citizen News, and the Cultural Affordances of Blogs

2021 ◽  
Vol 2 (1) ◽  
Author(s):  
Stephen Ostertag
Keyword(s):  
Climate Change ◽  
Social Media ◽  
Hurricane Katrina ◽  
New Orleans ◽  
Cultural Sociology ◽  
Culturally Specific ◽  
Building Trust ◽  
Cultural Codes ◽  
Mass Migration

Research on trust and news tends to focus on professional news (agents, organizations, institutions), ignores the content of news, and takes place during relatively settled times. This article seeks to remedy these gaps by examining how citizens used blogs to make and share news during a natural disaster and its aftermath. It draws on a case study of blogging in the wake of hurricane Katrina in New Orleans and examines the perspective of blog users to understand how they built trust in each other and in their shared realities of the recovery and rebuilding periods. It draws on cultural sociology to illustrate how civil and anticivil cultural codes, embodied in culturally specific referents, were drawn upon to construct news messages and messengers, and by extension, trust in each other and a grounded ontological understanding of reality. It argues that the cultural affordances of the blog platform were helpful in users’ ability to build both forms of trust. It concludes with implications for emerging crises of climate change, global pandemics and the mass migration these produce.

Application of discounted cash flow model valuation: The case of Excide industries

2021 ◽  
Vol 8 (4) ◽  
pp. 170-179
Author(s):  
Ashok Panigrahi ◽  
Kushal Vachhani ◽  
Mohit Sisodia
Keyword(s):  
Sensitivity Analysis ◽  
Cash Flow ◽  
Flow Model ◽  
Cost Of Capital ◽  
Weighted Average ◽  
The Other ◽  
Discounted Cash Flow ◽  
Worst Case ◽  
Share Prices ◽  
Valuation Technique

Theoretical and practical features of the widely used discounted cash flow (DCF) valuation approach are examined in depth in this paper. This research evaluates Exide Industries by using the DCF Valuation technique. It is widely accepted that the discounted cash flow approach is an effective tool for analyzing the situation of an organization even in the most complicated circumstances. The DCF approach, on the other hand, is prone to huge assumption bias, and even little modifications in an analysis' underlying assumptions may substantially affect the valuation findings. As a result, of the sensitivity analysis, we discovered bullish, base, and worst-case scenarios with target share prices of Rs. 253.25, Rs. 171.37, and Rs.133.25, respectively, by adjusting growth and WACC (Weighted-Average Cost of Capital) values.

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