Financial Analysis of Business Feasibility and Maggot Black Souldier Fly Cultivation Development Strategy

This study aims to analyze financial feasibility and develop strategies for developing Black Souldier Fly (BSF) maggot cultivation business. The research location in Omah Maggot Warna Warni, which is located in the village of Puntir Martopuro, Purwosari Pasuruan, was chosen with the consideration of having good prospects for BSF maggot cultivation. Respondents include 4 resource persons who are directly involved in maggot cultivation. The analysis used is a quantitative financial analysis by calculating the value (Net B/C, NPV, IRR, and Payback Period and BEP) with a discount factor (DF) of 11 percent. Sensitivity analysis was used to determine the sensitivity of BSF maggot cultivation to a decrease in production which was conditioned by a 10% to 40% decrease in production. Descriptive analysis with SWOT analysis is used to find strategies for developing Maggot Cultivation Business. The results showed that maggot cultivation was profitable to cultivate. This business is feasible because the NPV and Net B/C values are greater than 1, and the IRR value is higher than the interest rate. Based on the SWOT analysis, it shows that the position of the internal-external matrix of the Omah Maggot Warna Warni maggot cultivation business is in quadrant II or the growth and development strategy with the IFAS factor value of 2.39 and EFAS 3.03. This phase shows that the colorful Omah Maggot maggot cultivation business is undergoing a growth stage and must be developed because it has great potential to develop. The priority of the BSF maggot cultivation development strategy is to improve the quality of maggots, expand network marketing, and increase the use of cultivation technology and collaborate with the local government for the development of the Colorful Omah Maggot maggot cultivation business.

Lower Heating Value of Jet Fuel from Hydrocarbon Class Concentration Data and Thermo-Chemical Reference Data: An Uncertainty Quantification

A detailed assessment is presented on the calculation and uncertainty of the lower heating value (net heat of combustion) of conventional and sustainable aviation fuels, from hydrocarbon class concentration measurements, reference molecular heats of formation, and the uncertainties of these reference heats of formation. Calculations using this paper’s method and estimations using ASTM D3338 are reported for 17 fuels of diverse compositions and compared against reported ASTM D4809 measurements. All the calculations made by this method and the reported ASTM D4809 measurements agree (i.e., within 95% confidence intervals). The 95% confidence interval of the lower heating value of fuel candidates that are comprised entirely of normal- and iso-alkanes is less than 0.1 MJ/kg by the method described here, while high cyclo-alkane content leads to 95% confidence bands that approach 0.2 MJ/kg. Taking a possible bias into account, the accuracy and precision of the method described in this work could be as high as 0.23 MJ/kg for some samples.

Analisis Faktor-Faktor yang Memengaruhi Nilai Aktiva Bersih Reksadana Syariah (Periode 2016-2019)

This study aims to determine the effect of inflation, Rupiah exchange rate, SBIS yield rate, ISSI on NAV of Islamic mutual funds in Indonesia. The analytical method used is multiple linear regression using secondary data in the form of time series from January 2016 to December 2019. The independent variables analyzed in this study are inflation, rupiah exchange rates, returns on SBIS and ISSI, while the dependent variable is Asset Value. Net Sharia Mutual Funds. The results of this study indicate that inflation has no significant effect on NAV of Sharia Mutual Funds, Exchange Rate, ISSI has a significant effect on NAV of Sharia Mutual Funds, SBIS has a significant effect on NAV of Sharia Mutual Funds in opposite directions

Pengaruh Analisis Fundamental terhadap Harga Saham Syariah Yang Tergabung di Jakarta Islamic Index (JII)

This research was conducted in order, so we can find out how much influence the variable x on variable y. The independent variable (x) on this research are Earning Per Share, Book Value, Debt to Asset Ratio, Debt to Equity Ratio, Net Profit Margin and the variable y is Sharia Stock Prices listed on the Jakarta Islamic Index (JII). This research used the form of annual financial reports published by companies on the Indonesia Stock Exchange website. The total sample is 30 companies. The final number in this research is 16 companies between 2015 until 2018. And the data analysis used multiple linear regression, namely simultaneous (F test), partial (T-test), and Least Squares Equation. And the result of the fundamental factors are Earning Per Share, Book Value, Debt to Asset Ratio, Debt to Equity Ratio, Net Profit Margin has an effect of 70,1% on Sharia Stock Prices. While the rest, namely 29,9% is influenced by other factors. Then the partially fundamental factors are Earning Per Share, Book Value, Net Profit Margin has a significant effect on the Sharia Stock Prices, and fundamental factors are Debt to Asset Ratio, Debt to Equity Ratio doesn’t have a significant effect on Sharia Stock Prices.

EXPLORING CRUCIAL FACTORS FOR INTEGRATING MEDICAL CLOUD AND HEALTHCARE LOGISTICS BY DANP

This study aims to investigate and explore the critical success factors which affect the integration of medical cloud and pharmaceutical logistics operations. To achieve research objective, we firstly collected the opinions of medical management experts through the process of the Delphi method, and then affecting the integration of medical cloud and healthcare logistics operations were screened and summarized. Secondly, the questionnaire was conducted and 11 experts’ assessments of the influence between every two factors were acquired. Furthermore, this study employed DANP to calculate the weight for each factor when there exists interaction relationship among the factors and to plot causal map. Reviewing the causal map and the weights for each factor, “To induct artificial intelligence (AI) into medical treatment” and “To develop intelligent healthcare logistics” are significantly higher than other factors in terms of total influence value, net influence value and relative importance. Our findings can provide hospitals and pharmaceutical companies as a basis in formulating cloud medical development strategy.

ANALYSIS OF THE POTENTIAL KEY VALUE DRIVERS OF COMPANIES IN THE PERIOD FROM 2009 TO 2019

The article analyzes the impact of various potential key value drivers (revenue, asset value, net property plant and equipment, intangible assets and goodwill) on the value of six corporations in the period from 2009 to 2019. For research, statistical analysis is used. Based on the results obtained, the key value drivers on enterprise value are identified for each corporation.

Analisis Kinerja Keuangan dan Pengaruhnya Terhadap Nilai Perusahaan Pada Sektor Infrastuktur Utilitas dan Transportasi di Bursa Efek Indonesia

This study aimed to examine the effect of Debt to Equity Ratio (DER), Earning Per Share (EPS) and Net Profit Margin (NPM) on firm value (Tobins q), simultaneously or partially. Technical research methods associative with linear analysis. The analytical method used is the classical assumption, hypothesis testing and linear regression.The results of this study indicate that simultaneous debt to equity ratio, earnings per share and net profit margin have a significant effect on firm value. Net Profit Margin and Debt to Equity Ratio has a partially significant effect on the value of the company and gives a considerable contribution to the value of the company in the infrastructure utilities and transportation sector on the IDX, the management of infrastructure utility and transportation companies should pay attention to the net profit margin and debt to equity ratio values ​​that will affect the firm value , while Earning per Share do not affect the company's value in the utilities and transportation infrastructure sector on the IDX. Keywords: financial performance, the value of the company

The Economics and Politics of Carbon Taxes and Regulations: Evidence from Voting on Washington State’s Initiative 732

In November 2016, Washington State voters were presented with a ballot initiative (Initiative 732) advancing the first carbon tax on production and use of fossil fuels in the United States. Initiative 732 promised to reduce fossil fuel consumption by taxing carbon emissions, while remaining revenue-neutral by lowering taxes on businesses, consumers, and working families. In promising revenue-neutrality, Initiative 732 sought support beyond environmentalists and similarly sympathetic voters. It failed to pass, achieving 41.2 percent of votes cast. To investigate this initiative’s failure at the ballot, we analyzed zip code-level voting patterns and demographic data. Relying on a two-step LASSO (Least Absolute Shrinkage and Selection Operator) + OLS (Ordinary Least Squares) procedure, our results suggest that the framing of revenue-neutrality did not sufficiently satisfy moderate right-leaning voters regarding perceived costs of the carbon tax. We also found evidence suggesting not only that some voting segments may have opposed revenue-neutrality, but that those facing higher climate change risk did not appear to see the initiative’s value net of expected costs.