Harrod

Harrod-Domar Model Essay #1A) The Harrod-Domar Model is the most straightforward and most popular creation work utilized in the investigation of monetary turn of events. This model clarifies the connection between the development and joblessness in cutting edge industrialist social orders. Be that as it may, the Harrod-Domar Model is utilized in creating countries as a simple perspective on connections among development and capital necessities. This model clarifies the distinctions in development exhibitions between nations. The model permits you to foresee a gauge of development for a country. Which can be contrasted with forecasts of development for an alternate nation. B)The wellsprings of development is an alternate type of the creation work. This new capacity enables the examiner to isolate out the various reasons for development. The components of this condition concern the development pace of any factor, portion of salary in any info, national item, capital stock, work, arable land national

Islam and West African Indigenous Religion Essay

Islam and West African Indigenous Religion - Essay Example Regardless of whether the neighborhood populaces occupied with animism, polytheism, or other social legacy determined convictions, when Africa was straightforwardly attacked by the Turks and hence opened up by European brokers, the Islamic religion got pervasive. The extent of this paper is to concentrate on the coming of the Islamic confidence inside the locale and clarify a portion of the elements that added to it. These elements can be summed up inside three wide zones; land, recorded, and social. Through the mix of these causes, Islam got productive and supplanted a great part of the antiquated indigenous practices. Africa is a different mainland where the geology incorporates pretty much every conceivable landmass variety. From desert, tropical backwoods, mountains, and the fields of the savannah, the impact of the topography itself affected how and when Islam spread. As Parrinder brings up in his article, the extension of non-local populaces would in general take a vertical sha pe, without a doubt because of the utilization of the coastlines as passage focuses for remote dealers, yet the land itself is delineated evenly between the major geological segments. These two different ways of survey the nation help to clarify the advancement of Islam; for it came into the inside levels first and since quite a while ago remained practically fixed there, cut off from the seaside areas by the impervious timberland (Parrinder 131). It wasn't until the European dealers built up a transportation foundation of streets and railroads that Islam started to make advances from the inside of the nation into the beach front locales. When that was practiced, notwithstanding, Islam had the option to spread from the focal parts of the landmass to the external edges, including West Africa. This explicitly focuses to the first of three authentic parts of the spread of Islam. Chronicled Factors While it may be deduced that Islam was at first conveyed into Africa by the Turkish trespassers who utilized the Mediterranean Sea as a conductor for extension, the truth of the matter is that the spread of Islam owes its underlying advancements to trade. As Trimingham notes, Islam was first brought into West Africa by dealers. Their exercises in furnishing Islam alongside their merchandise have proceeded from that point onward (28). It is natural that religion spreads with business. As local individuals connect with traders, there is a mixing of thoughts and ways of thinking that normally happens. Given the forceful conversion practices of Islam, there is no extraordinary puzzle with regards to why the local Africans would change over. Their digestion into Islamic convictions was likewise cultivated by the authentic dominion of the religion. By its very structure, Islam is a confidence that mixes political and monetary exercises with strict practice. When the conviction framework turns out to be adequately well known, it starts to implement its precepts through more than basic teacher implies. The explanation that Islam in power is secularized religious government and this consistently prompts types of strict dominion (Trimingham 28) is as obvious today as it was in the eleventh century. When settled in inborn administration, the more forceful types of an imperialistic enlistment would rise. These practices included everything from constrained changes to the refusal to permit trade between people of the confidence and backsliders. In numerous pieces of Africa, change to Islam was not an intentional movement, yet a political and monetary need. The following chronicled actuality, that of western turn of events, would essentially give the way to extension of the imperialistic

Levels of Play Development

Levels of Play Development Presentation Play is a one of the best ways for kids to obtain language and discourse abilities (Owens, 2012). Cooperation through play assists youngsters with getting the fundamental information from different components of the environment.Advertising We will compose a custom article test on Levels of Play Development explicitly for you for just $16.05 $11/page Learn More Play is a piece of the procedure of improvement which has four significant levels. It is critical to take note of that as levels of play improvement advance, the kinds of play likewise change. Studies have indicated that improvement of language and discourse abilities in a youngster is increasingly viable when those aptitudes are procured during the procedure of game (Owens, 2012). Significance of Play in Acquisition of Language Skills Play assists youngsters with securing social abilities, construct contemplations, just as create inventiveness (Owens, 2012). With great social aptitudes and inventive attitude, kids think that its straightforward different components of language. What's more, kids take part in play basically in light of the fact that they like it. Play likewise helps youngsters in securing of new abilities since they appreciate what they do (Owens, 2010). Play is perfect for procurement of language and discourse abilities in youngsters due to different reasons. As a matter of first importance, play doesn't cause any nervousness or disillusionment, as there are negligible objectives to meet. This makes play a good time for kids, and they will in general build up an energy for it inside a brief timeframe. Also, play permits kids to collaborate through different sections and themes shared (Owens, 2010). Something to stay away from in play for youngsters is the utilization of one portion, subject or play type on the grounds that keeping up focus and energy are basic. Thirdly, play is perfect since it has shared and shifted basic components that have similitudes with various dialec ts. These abilities make it simple for kids to become familiar with those different dialects (Owens, 2010). At long last, through play each youngster has the likelihood to impact procedures. The part of alternating has likenesses with discussions, which include individuals talking and tuning in to one another. Levels of Play Development A kid experiences four phases of advancement during the play, as they secure abilities. The primary stage is singular play (Gullberg, 2010). This stage includes a youngster who plays with squares and different toys in a protected spot with other kids. The subsequent stage is an equal play that includes youngsters playing close to one another with toys, in spite of the fact that they don't communicate.Advertising Looking for paper on brain research? We should check whether we can support you! Get your first paper with 15% OFF Learn More The third stage is affiliated play that includes kids utilizing squares to do comparative things. At this level, kid s converse with one another, yet don't chip away at a typical thing (Gullberg, 2010). The last stage is helpful play that includes kids utilizing squares to make regular things. Kids do this while conversing with one another and functioning as a group on accomplishing a shared objective. As the play levels advance, a kid gets the chance to widen their considerations, and turns out to be progressively open to a more extensive assortment of play components (Gullberg, 2010). Determination Play is a type of cooperation that assists kids with obtaining positive abilities from nature. Play enables a kid to obtain social aptitudes, develop considerations, just as advance its creativity. Play helps kids a ton in procurement of new aptitudes, as they appreciate what they do. Something to abstain from during play is the utilization of one fragment, theme or play type in light of the fact that keeping up fixation and energy is fundamental. As the play levels advance, a kid gets the opportunity to widen musings and become progressively open to a more extensive assortment of play components. References Gullberg, M. (2010). Motions in Language Development. New York: John Benjamin Publishing. Owens, R. (2010). Significance of Play. Recovered from https://www.education.com/Owens, R. (2012). Language Development: An Introduction. New Jersey: Pearson Education Inc.

Economics Effects of ECB Greek Bail Out on Interest Rates - 1650 Words

International Economics: Effects of ECB Greek Bail Out on Interest Rates (Coursework Sample) Content: Name:Tutor:Course:Date:International EconomicsPart (a): Effects of ECB Greek bail out on interest rates Originally, when the European Central Bank chose a bailout, they expected interest rates in the Greece economy to remain low and then rise a notch higher after the economy started recovering. Upon approval of a bailout by the Eurozone finance ministers, the Greek loans repayment program was to be extended for some period of time subject to certain stringent terms such as a cut on Government spending. Therefore, interest policies stipulated by the European Central Bank (ECB), though they would to a large extent destabilize prices in the economy of Greece, were to help increase the interest rates in Greece. Notably, the European Central Bank (ECB) set policies are subject to approval and satisfaction by member states. The European Central Bank (ECB) strategy was to ensure a stabilization of Greece output without much emphasis on whether the prices of basic commodities would be affected by this policy action or not. Since acceding to the euro, the interest rates in Greece have remained at all-time low, sometimes even being negative. The interest policies applied by the European Central Bank (ECB) in most cases differ significantly with those of the Bank of Greece. Over the past decade, the interest rates in Greece have been trending at a negative rate given the slow pace at which this economy has been growing over the last decade. Recently, the European Central Bank (ECB) agreed to increase their interest rates from the current existing one but assured its member states that they were safe with an aim of further helping bail out the Greece economy from collapsing. However, the interest rates set by the European Central Bank (ECB) were considered too low for the Greece economic conditions.  INCLUDEPICTURE "/mhealy/ecogif/mp/mpchainuenum.gif" \* MERGEFORMATINET 
From the above graph, it is apparent that a potential decrease in interest rates wil l lead to an increase in money supply from MS1 to MS2 due to lower lending rates from the financial institutions operating in Greece. As a result, the demand for investment opportunities will increase but only in the short run enabling the country (Greece) to clear its accrued debts. When European Central Bank (ECB) went out for a bail out, the plan was to extend the period of monetary easing in Greece to enable the country mobilize its resources and recover from the possible economic collapse. At first, the economy of Greece experienced a boom with this monetary plan and at lower European Central Bank (ECB) interest rates. The Greek economy as earlier noted had been operating at negative interest rates for almost a decade, a possible sign of deflationary pressures (the liquidity trap).  INCLUDEPICTURE "/wp-content/uploads/2012/06/Money-Market-Graph3.png" \* MERGEFORMATINET 
As a result, less money would be flowing in the Greece economy, reducing the liquidity gap. Greece, being a member of the Eurozone, could not inflate its interest rates from the one set by the European Central Bank, further intensifying their sovereign debt bubbles. The interest rate in the Greece economy was expected to remain at a record low and the supply of money to increase in the economy. Part (b): Expected outcome of ECB bail out policy on the Greece economy The amount of money held for transaction, speculative and precautionary purposes are direct functions of the rates of interests in an economy. By reducing the interest rates, the European Central Bank (ECB) aimed at allowing the Greece financial institutions to borrow money from it as they had ran out of funds. As a result, the interest rates in these financial institutions were to remain low to enable the populace borrow more money for investments into the economy. From monetarist point of view, a decrease in the rates of interests means that more money will be circulating in the economy of Greece as more would be able to b orrow from banks. The aim of the European Central Bank (ECB) was bail out Greece from within using its own Government to implement some of the policies stipulated as pre conditions to the bail out.  INCLUDEPICTURE "/%7Eedunne/0.2836" \* MERGEFORMATINET 
In essence, the quantity of money held by a household in Greece depends on individual incomes and the rates of interests charged for borrowing at the financial institutions. By allowing more money to circulate into the Greece economy, more investment opportunities opened up and Greece temporarily experienced a boom in its economy. As explained in the graph below, a decrease in interest rates, for instance from 7% to 6% leads to an increase in money supply and money demand.  INCLUDEPICTURE "http://cs.wellesley.edu/%7Emfeldman/econstudy/images/monetaryexpansion.png" \* MERGEFORMATINET 
Therefore, any shift in the Aggregate supply and demand for money due to the low rates of interest in the economy will lead to a temporary chan ge in the National Income in the economy as it did with the Greece economy. The increased economic activities in Greece according to the European Central Bank (ECB) were to help the economy recover from recession and with time enable Greece pay off the debts it owed other nations and international financial institutions.Part (c): Effects of expansionary fiscal policies on the Greece economyIn economics, the question whether to increase Government spending and employing other expansionary fiscal policies will have any significant impact on the GDP is a debatable one. For instance, assuming that the Government decides to increase their spending, the economy is likely to experience the multiplier effect. This is because any potential increase in Greece government spending on public goods, more employment opportunities are likely to be created and therefore more income for households. The aggregate demand for basic commodities will most likely increase leading to a potential increase in commodity prices. INCLUDEPICTURE "http://s3-eu-west-1.amazonaws.com/tutor2u-media/subjects/economics/macro_ad_curve_shifts.png?mtime=20150313144653" \* MERGEFORMATINET 
Any change in any of the components that determines aggregate demand of commodities such as government spending will result into a shift in the aggregate demand curve as shown in the graph above.  INCLUDEPICTURE "/Economics/courses/econ2020/section9/gifs/fig92.gif" \* MERGEFORMATINET 
Some economists do argues that increasing government expenditures, for instance through increased taxes, would in the long run crowd out private investments in an economy leading to no significant increase in the aggregate demand (the crowding out effect). When private investors are scared away from investing in the economy, the production and supply of some commodities will reduce considerably leading to a scramble for the few existing commodities. In such instances, it will most likely lead to an increase in prices of basic com modities and the provision of quality service delivery in the Greece economy.  INCLUDEPICTURE "https://classconnection.s3.amazonaws.com/330/flashcards/748330/png/crowding_out1335926858553.png" \* MERGEFORMATINET 
The increase in aggregate demand will lead to an increase in the prices of commodities and a decrease in value of financial assets as people will resort to buying less in the long run. The net exports of Greece will reduce significantly as the goods will be expensive prompting the government to reduce its aggregate expenditure in both in the long and short run. A shift in AD curve from AD1 to AD2 implies a change in price levels of a commodity or a service. In essence, expansionary fiscal policies aim at ensuring an increase in economic growth and creating employment opportunities.Part (d): Significance of ECB bail out of Greece Overall, the bail out of Greece by the European Central Bank (ECB) was a healthy strategy as had they not acted otherwise, Greek could have retu rned to the drachma, the original c...

George Lucas And Movies No Future Essay - 1475 Words

George Lucas and Movies: No Future? nbsp;nbsp;nbsp;nbsp;nbsp;When looking into the future people see many different things. Whether it be flying cars, buildings floating in the air, or people walking around in space suits, everyone has their own idea. Most of the time when people look into the future they look far into it, not in the next several years. The future is usually defined as twenty or more years beyond the present. Many movies and stories written about the future world seem to have the common theme that technology will play a big part in the development of the future. The development of technology will lead to the advances that will take the world into the next century and beyond. George Lucas film THX 1138 and Robert†¦show more content†¦Computers are no longer devices that simplify life for humans; humans are now devices that help computers. nbsp;nbsp;nbsp;nbsp;nbsp;Science has developed a drug that keeps the people submissive and almost with no thought of their own. The drugs take away the humans ability to think and to be creative. Ironically it was those attributes that led to the development of all of that technology in the first place. Humans are no longer allowed to think for themselves. Instead of people controlling the development of technology; technology is now controlling the development of the people. nbsp;nbsp;nbsp;nbsp;nbsp;One of the best scenes that tells about the technology of this movie takes place in the prison. The people who have broken the laws are sent to an area that is totally white. No other color can be scene. They are put into machines and forced to take the drugs and the computer monitors them. Just through several test the entire body of the person can be checked for what is wrong. The person is checked up on like a machine. The computer then decides what to do with the person. When people are treated like machines and not allowed any freedom of thought it is very dangerous to society as we know it. This could easily end society through the emission of peoples rights. nbsp;nbsp;nbsp;nbsp;nbsp;There are very few positive sides to thisShow MoreRelatedStar Wars : Episode Iv A New Hope1225 Words   |  5 Pagesof movies. According to the National Information Services, LLC â€Å"STAR WARS: EPISODE IV A NEW HOPE† made $1,554,475 just in the opening weekend on May, 25,1977 and made a whopping $786,598,007 according to the worldwide box office ticket registry. Box Office History for Star Wars Movies. Star Wars Franchise Box Office History. Nash Information Services, LLC., n.d. Web. 09 Sept. 2016. This film is idolized by millions Americans and foreigners and we can all thank one man for it. George Lucas. ARead MoreAnalysis Of Disney s Purchase Of Lucasfilm1181 Words   |  5 Pagesfor the other party. Preparations should take place before the negotiations even begin, this provides a more productive outcome. 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This essay will explore the history of film, its changes throughoutRead MoreThe Journey Of Star Wars1776 Words   |  8 Pages This phenomenon starts with young George Lucas. When Lucas was younger he was into racing cars. He wanted to make a career out of it. An event that three days before he was supposed to graduate high school changed all of that. On that day, Lucas made an illegal left-hand turn into his family’s ranch and was hit by his friend who had ran a red light and was trying to overtake Lucas (Taylor 42). The accident hospitalized Lucas. After his recovery, George Lucas slowed down and gave up one racing.Read MoreEssay on Why Star Wars was such a Ground Breaking Movie1404 Words   |  6 Pagesbreaking movie. ‘Star Wars’ is a science fiction film, a science fiction includes new world and civilisations that are discovered and aliens are featured in a lot of science fiction films, the setting of the films are usually set in the future and where the world is in danger. 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Analysis Of Bruce Bairinsfather s One Of Those Balkan...

Bruce Bairinsfather’s â€Å"One of Those Balkan Muddles† cartoon depicts a dejected soldier, profoundly confused about his nationality and identity. The man does not seem to possess a clear ethnicity or home country, thus neither does he possess a true citizenship. He is not specifically tied to any one people, geographical area, or culture. The Empire was a confusing, heterogeneous mixture of several ethnicities forced into a single citizenship and state. This caricature reflects a comedized reality for many people living within the borders of the Austro-Hungarian Empire during and prior to World War One. As a real-life example, the imperial census of the Austro-Hungarian Empire in 1910 caused problems when it asked subjects to state their identity. The official criterion was language spoken, yet controversy raged when others argued for â€Å"history, geography, anthropology and ethnography† as the key criteria. Divisively, â€Å"Emperor Franz Joseph, at the he ad of a dynasty which was supposed to be supra-national, put himself down firmly as German on the census form†. Bairinsfather’s cartoon soldier is the personification of Empire’s lack of clear collective identity, and thus no true citizenship. This issue will eventually lead to the dissolution of the Empire into several constituent states. The epoch that the cartoon was drawn in was defined by the emergence of a central force in geopolitics: The nation-state. The force of nationalism, neither benevolent nor malevolent, surfaced as

Method To Continue Unaltered Equivalently - Myassignmenthelp.Com

Question: Discuss About The Method To Continue Unaltered Equivalently? Answer: Introduction It is the role of the management to take a vital decision in regard to the functioning of the company and it can be done with the aid of proper tools and techniques. The management has the option to use tools such as scenario analysis, sensitivity analysis, simulation and break even that helps in driving at a conclusion. It needs to be noted that capital budgeting technique is important as it stress upon selection of various investment proposals and the tools mentioned below are important to the organization so that the best selection can be made. The major emphasis of the task is with the tools and technique in the process of decision making. Sensitivity Analysis method can be interpreted as the statistical method, useful in analyzing the consequential alterations from the expected assessment of the value. The capital budgeting can be analyzed by studying in the current study. Sensitivity analysis is about determining and assessing the value by which one can revamp the information input to derive the result in a linear-programming method to continue unaltered equivalently (Correia et. al, 2005). The process is helpful in justifying sensitivity in the information provided and used in calculating the much-needed levels at every input to support the authorities in the decision-making process by providing much-needed recommendations and simultaneously constructive in finally examine the intensity of information acknowledged. Sensitivity analysis and application in the capital budgeting process. Sensitivity analysis concept assists in identifying the aspects of divergent values of independent variables upon the dependent variables under various conditions. Apart from that, capital budgeting method is a process to figure out a project to decide on to the project to be carried out or leave. While analyzing an individual project, only financial aspect is considered by the management of a company in the capital budgeting process, whereas in case of sensitivity analysis method both financial and non-financial aspects are simultaneously taken into consideration by the management of the organization (Kan Zhang, 1999). That is why management of an organization prefers sensitivity analysis concept over capital budgeting system while evaluating the financial strength of a project under consideration (Brigham Ehrhardt, 2011). It can be said that management of the company determines and get the sense of the success chances of a project by examining the project through sensitivity anal ysis system. Sensitivity analysis concept can be defined as a process in identifying and budgeting the cash inflow and outflow of the project by taking into consideration some fundamental factors such as current economic situation, the rate of inflation and interest rate scenario. Sensitivity analysis can be better defined with the help of IRR and NPV system (Kandel Stambaugh, 1995). For example, if the management of a company distinguish that net present value (NPV) of a particular project is in negative, then the chances of failure of the project is much high, that indicates that companys management should not invest into the project, but when the management of the organization examine a project and find that the IRR is 12%, whereas the cost of capital is 6% only, it implies that IRR is much higher than the cost of capital. Therefore, there is much more chances or probability that the project under consideration will be suitable and will be profitable for the company because of a higher rate o f return that company can realize by investing into the project to improve the financial aspects of the company and investors. Scenario analysis concept and application in the capital budgeting process. Scenario analysis is a procedure defined as a process of analyzing a project taking into consideration fundamental factors and expectations or can be defined that the scenario analysis is the procedure of evaluating a project taking into consideration different variety of circumstances. Berk and Van put forth views that the management of a company analyzing a Project going through all possible alternative outcome by considering scenario analysis method. By considering all the risk factors attached to the project can be identified by the experts and the management under scenario analysis is always helpful as mentioned by Habibi and Habibi in its report. Under the guidance of the scenario analysis, the management of the organization can evaluate and judge the impact of any adverse situation on the project undertaken by the management of the company (Brigham Ehrhardt, 2011). Take the example of Coles Limited, the management of the company carry out the scenario analysis to determine th e undermine risks rate of return on capital employed in the project under consideration. Hence, this method is employed by the company in the decision-making process and is an important weapon in the hand of the company. Scenario analysis can be considered as the method of estimating the expected value of portfolio for a given period. This process allows using in predicting the actual fluctuations in price and amount of the securities in the portfolio or any changes happened due to interest rate scenarios (Abor, 2017). It is utmost important to take a step to conduct the scenario analysis of the project before investing into the project. The company can take IPR and NPV into consideration while conducting scenario analysis in the project to take stock of different rates regarding cost of capital involved, simultaneously the officers involved in the process of conducting scenario analysis can also determine the IPR and NPV during the period of high inflation scenario and determine the cost of capital in the situation of depression in the economic situation in the market (Abor, 2017). Scenario analysis process through capital budgeting method also extend support and help the management of the company in overseeing the businesslike analysis into the project under consideration enabling the management of the company in taking an appropriate decision quickly and in the end justifying the investment into the project. The above graph indicates the proposal scenario versus the normal business and this helps in knowing the project feasibility. Accordingly, the selection of the project can be done. Simulation Tracking of the probability distribution, random numbers is done on the basis of statistics which are collectively known as Simulation. This process is followed so as to detect the risks earlier. In the given case, the manager repeats a mathematical method innumerable time which includes elements of the cash flow so as to earn profits (Brealey et. al, 2015). Thus, it is a better way which provides a clear vision of the future profits. Variable values can be determined by the generation of random numbers and evaluate the probability distribution for the cash inflows and outflows. The alteration of the variable value is followed by their recording into the model so as to generate the NVP. Repetition of this method easily produces the probability distribution of the NVPB (Brealey et. al, 2015). The risks and threats involved in the discounted cash flows can be easily detected by following the simulation process which is a powerful spreadsheet item. This process analyses all the possible combination of different variable and thus reaches to a more positive conclusion better than the sensitivity and scenario analysis. This process finds its most use in traditional capital budgeting in which the repetition of the process of generation of random numbers with the probability distribution is followed to conclude different outputs related to the NVP of a particular project which depicts a particular strategic system. The simulation process strengthens the decision made by the manager by analyzing the used model or any other authorized information so as to view the working of the whole system. The simulation process is a mathematical formula by the use of which managers are able to find the chief variables that provide a bright clarification of the bond between the chief highlighte d variables and a variety of occasional scenarios. The working of this type of method is seen to be completely based on the data or the records which have been previously tracked and kept for later use and also the use of the chief and crucial variables whose values have been previously deduced. The main function of this process is to positively affect the decisions made by the manager with evidence (Da et. al, 2012). Evidence about the threats prevailing in the project like risk return trade off are marked in attention to the manager while the vague estimates are tried to be eliminated. Thus, the process of simulation provides the manager to take a more practical and real decision so as to decide the profitability of the undertaken project. Break even analysis Cost accounting and capital budgeting are the two sectors which mark the use of break even analysis so as to calculate the profit earnings estimates and the quantity of stock in a undertaken particular project or production line. This type of analysis is used to set a breakeven point which is generally referred to as a state when the company has no net income. This means that the cost of the company is aligned with its revenue. The revenue matches the cost and hence, is an important update for the management of the future course of activities (Vaitilingam, 2010). But this analysis is far more useful than just this simple definition. A thorough use of this analysis can enable one to gain information about certain variables and behavior of some costs. The nature of various cost can be known with ease with the help of this technique. This mentioned analysis helps the owner of the company to separate the costs in variable and fixed sectors through deep study and detection. The basic formula for break-even analysis is as follows: BEQ = Fixed cost/ (P-VC) Where BEQ Break-evenquantity FC Total fixed costs P Average price per unit, and VC Variable costs per unit Costs independent of the alteration of the sales such as equipment leases, insurance, interest on borrowed funds, and administrative salaries are included in the fixed costs category. Moving on to the category of variable costs, this section comprises of direct labor, raw materials, sales commissions, and delivery expenses, but these values are such that are affected by the alteration in sales (Brigham Daves, 2012). The Contribution Margin can be defined as a crucial module of break-even analysis. This can be evaluated or described by the following procedure: product or service's price (P) minus variable costs (VC) per unit sold. It is the incremental or marginal analysis that includes the contribution margin concept in it. It keeps a track record of the extra revenue and costs that which is used in association with the latter supplementary element (Damodaran, 2010). The evaluation of the contribution margin is the first rule in deciding the level of sales for a small business to set a break even, this can be made by deducting the variable costs per unit from the selling price. For instance, if X is $50 and variable cost stands at $25, the contribution margin is $25. The succeeding rule is to divide the total annual fixed costs by the contribution margin. For instance, a company with a fixed cost of $40,000 and a contribution margin of $25 has to sell 4,000 units to set up a breakeven point. It would be easy to alter this amount to revenue for the company which could set a break even for the year (Guerard, 2013). As per the given case, a BEQ of 4000 unitsmultiplied byan X of $25 per unit produces break-even revenue of $100,000. It provides the manager to separate the costs into fixed and variable categories. Capital budgeting aligned with break even analysis can put up estimates of the profit making probability of the undertaken project. It provides a vision of the future survival of the project and whether to invest in such a project or not (Ferris et. al, 2010). Fixed Costs Variable Costs Labor 3000 Flour 0.3 Rent 3000 Mustard 0.04 insurance 900 Water 0.03 Promotions 600 Butter 3 Fees 500 Cheese 0.5 Total 8000 Total 3.87 The variable cost stands at $3.87 or more indicating that the coverage cost can be done with ease. But, if the burger charge is raised to $10 for the finished goods then $6.13 will be received in addition to the fixed cost and hence the restaurant will receive profit. Recommendation The above study clearly projects that the companys management can undertake any of the technique depending upon the nature of the project. The suitability of the tool and its implication will determine the decision-making process of the company. The project feasibility can be known with ease with the aid of capital budgeting mechanisms like NPV and IRR. The above study clearly defines that the tools are of potent use when it comes to management decision making. However, the selection of the tool should be completely based upon the nature of the project and feasibility. References Abor, J.Y 2017, Evaluating Capital Investment Decisions: Capital Budgeting, InEntrepreneurial Finance for MSMEs, Springer International Publishing. Brealey, R. A, Myers, S. A Marcus, A. J., 2015, Fundamentals of Corporate Finance, 8th ed, Australia: McGraw-Hill Irwin. Brigham, E. Daves, P 2012, Intermediate Financial Management , USA: Cengage Brigham, E.F. Ehrhardt, M.C 2011, Financial Management: Theory and Practice, USA: Cengage Learning. Correia, C, Mayall, P, O'Grady, B Pang, J., 2005, Corporate Financial Management, 2nd ed. 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