Finance

This chapter deals with the principles of finance as applied in the foodservice industry. It discusses the concept of revenue management, financial analysis and reporting, financial control, principles of budgeting, and forecasting. Specifically, it discusses finance in general and of the financial system and the meaning and application of financial management. It introduces the basics of the advantages and disadvantages of the different types of organizations. The important topics presented are the relationship of finance to other business disciplines, basic financial information in decision-making, understand financial statements, and financial ratios. It applies several analysis tools and techniques to learn about the time value of money, interest, and interest rates.

2010 ◽  
pp. 11-21
Author(s):  
Moorad Choudhry ◽  
Didier Joannas ◽  
Gino Landuyt ◽  
Richard Pereira ◽  
Rod Pienaar

2017 ◽  
Vol 6 (2) ◽  
pp. 94 ◽  
Author(s):  
Suryono Suryono ◽  
Ria Azizah ◽  
Edi Wibowo Kushartono ◽  
Raden Ario ◽  
Gentur Handoyo

Kajian Investasi budidaya ikan kerapu di Karimunjawa adalah salah satu usaha guna menumbuhkan promosi investasi di wilayah studi. Kajian ini akan membuat peluang investasi menjadi lebih fokus dan tajam baik dari segi sektor maupun lokasinya, sehingga akan memudahkan investor guna merealisasikan rencana bisnisnya. Studi ini akan memberikan detail informasi kepada investor tentang peluang bisnis pada budidaya ikan kerapu yang sangat layak dilakukan sehingga dapat meningkatkan pertumbuhan ekonomi masyarakat pesisir dan wilayah kabupaten Jepara pada umumnya. Metode yang digunakan adalah metode survei. Peluang Investasi dianalisa secara deskriptif. Hasil kajian menunjukan bahwa berdasakan potensi alam, fasilitas infrastruktur produksi, nilai ekonomi serta aspek financial maka kelayakan investasi adalah sangat prospektif dan berpeluang untuk sukses. Analisis financial menunjukan bahwa investasi pada budidaya ikan kerapu di Karimunjawa adalah sangat layak untukdirealisasikan bagi investor. Budidaya ikan kerapu Tikus (Cromileptis altivelis)adalah paling prospektif, dimana nilai Net Present Value (NPV)> 0,yaitu  1,772,764,729,  dan  Profitability Index  (PI) lebih besar dari  1, yaitu 5,543291036.  Payback Periodadalah  2.82 tahun, jika tidak mempertimbangkan nilai uang (Discount Factors) dan 3.65 tahun  jika mempertimbangkan nilai uang. Sedangkan untuk budidaya ikan kerapu bebek(Ephinephelus fuscoguttatus), Net Present Value (NPV)> 0 yaitu  69,938,924, - dan Profitability Index (PI) lebih besar dari 1, yaitu 1,20558783.  (Pay Back Period) adalah  4,13tahun apabila tidak mempertimbangkan nilai uang (Discount Factor), sedangkan apabila mempertimbangkan nilai uang maka menjadi  and 4.64 tahun. Dari analisis yang dilakukan, maka dapat disimpulkan bahwa meskipun kedua spesies ikan kerapu layak investasi, tetapi ikan kerapu tikuspaling layak investasi, sedangkan ikan kerapu macansebagai produk sampingan investasi, yaitu dengan memanfaatkan sisa pakan yang tidak digunakan dalam budidaya ikan kerapu tikus, sehingga hasilnya akan dapat maksimal. Keseluruhan aspek yang dikaji menunjukan bahwa budiddaya ikan kerapu di Kepulauan Karimunjawa adalah layak investasi. The study of feasibility floating cage culture of grouper fish investment in Karimunjawa is one of the efforts for investment promotion in the studied region. This study will make the investment opportunities become more focus and sharp, both sectoral and location, so it will be easier for investors to execute their investment interest. The purpose of this study, is to provide initial information for investors about business opportunities of grouper fish farming as a very feasible investment opportunities so that can boost the economy of the region and the society of Jepara Regency. The method used in this study was survey  method, descriptive analysiswas conducted to see a of investment opportunities. Based on potential natural resources, location, infrastructure facilities, production, economy value, and financial aspect, the  results of study concluded  that the overall investment is highly prospective and has a fairly high chance to success. The financial analysis showed that investment in grouper fish cultivation in jepara regency is very feasible as a business investment for the investors. Humpback or Polka dot grouper (Cromileptis altivelis) culture is highly prospective and has a fairly high chance. This can be seen from the Net Present Value (NPV) > 0 is equal to 1,772,764,729,  and Profitability Index  (PI) value greater than 1, which is 5,543291036.  While the longer the period the funds invested will return (Payback Period) is 2.82 years if the without considering the time value of money (Discount Factors) and 3.65 years when considering the time value of money. Whereas,  for Brown marbled grouper (Ephinephelus fuscoguttatus), the Net Present Value (NPV) > 0 is equal to  69,938,924, - and Profitability Index (PI) greater than 1, which is 1,20558783. While the longer  period the funds invested will return (Pay Back Period) are 4,13 year if without considering the time value of money (Discount Factors) and 4.64 years when considering the time value of money. From the analysis it can be concluded that all these choices on the investment plan is feasible to run and prospective advantageous. While the best option is an investment plan on investments Humback or Polka Dot grouper (Cromileptis altivelis) cultivation, Brown marbled grouper (Ephinephelus fuscoguttatus) culture whereas it is only a sideline activity and only utilize food wastes are left, so the whole will be able to deliver optimal results in grouper culture.All examined aspects of Grouper cultivation in karimunjawa  gave results that investment activity  is able to be executed. The financial analysis shows that investment in grouper fish cultivation in jepara regency is very feasible to be a business investment for the investors.


2010 ◽  
Vol 3 (1) ◽  
pp. 91-106
Author(s):  
George A. Mangiero ◽  
John Manley ◽  
J. T. Mollica

This paper discusses and illustrates the use of dynamic Excel presentations to improve learning in Financial Management courses.  Through the use of such presentations, multiple and varied examples of important principles in Financial Management, which would ordinarily take an excessive amount of time to cover, can be considered within the time span of a single class.  Two applications of these techniques are presented in this paper: (1) Time Value of Money -- Classic Retirement Annuity analysis and (2) Capital Structure Decisions -- EBIT-EPS Analysis.  By using these Excel techniques to cover multiple examples under different initial conditions and assumptions, the authors contend that students gain a broader understanding of these financial problems and their solutions, than would otherwise be possible.


2005 ◽  
pp. 11-21
Author(s):  
Moorad Choudhry ◽  
Didier Joannas ◽  
Richard Pereira ◽  
Rod Pienaar

Author(s):  
Elena Posnaya ◽  
Alina Denisenko

The paper assesses the relationship of macroeconomic processes and financial activities of enterprises, which require taking appropriate financial decisions. The authors carry out a brief analysis of the latest scientific publications on the macroeconomics impact on the strategy development for enterprises functioning in finance. The article assesses the role of analyzing macroeconomic factors in financial management of enterprises. The researchers identify the macroeconomic indicators that cause the necessity of a response from financial management. The authors analyze the influence of macroeconomic environment on the results of its activities and develop possible financial solutions that are adequate to the macroeconomic situation using the example of an existing enterprise. The problem of the influence of macroeconomic indicators on finances of domestic enterprises is explained by the fact that, in an unstable situation in the economic environment, negative results may arise in the activities of enterprises associated with the crisis of nonpayments, inflation, the fall in the national income, etc. In these conditions, it is advisable to make reasonable decisions in terms of confronting the crisis effects with an additional impact of such internal factors as the significant depreciation of fixed assets, the use of obsolete technologies with a low solvency level. The study proposes a mechanism for analyzing macroeconomic factors that affect the activities of a particular enterprise. The authors calculate the basic indicators of the activities of the operating enterprise and draw the conclusion on the relationship of their values with the main macroeconomic indicators using various financial analysis methods. The researchers identify and determine a close interconnection of strategic decisions made by the enterprise management taking into account the values of macroeconomic indicators and the enterprise’s financial results for several previous periods.


2006 ◽  
Vol 23 (1) ◽  
pp. 66-89
Author(s):  
Abu Umar Faruq Ahmad ◽  
M. Kabir Hassan

The time value of money is a basic investment concept and a basic element in the conventional theory of finance. The Shari`ah does not rule out this consideration, for it does not prohibit any increment in a loan given to cover the price of a commodity in any sale contract to be paid at a future date. What is prohibited, however, is making money’s time value an element of any lending relationship that considers it to have a predetermined value. Here, the Shari`ah requires that a loan be due in the same currency in which it was given. The value (i.e., purchasing power) of paper currencies varies due to changes in many variables over which the two parties of a loan contract usually have no control. This study examines possible modus operandi of time valuation according to the Shari`ah’s precepts vis-à-vis the concept of money, and whether any value can be attributed to time while considering money’s value. For this purpose, it investigates the juristic views on such relevant issues as the permissibility of difference between a commodity’s cash and credit prices and an increase and reduction of the loan’s amount in return for early repayment.


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