Capital Budgeting Process Essay Example for Free

Capital Budgeting Process Essay Capital budgeting is one of the most important financing tools used to examine expenditures and future projects in the capital spending and to budget for projects and all other analysis of spending for the future. This gives a heads up for healthcare managers to control their spending not only for capital expenditures but other spending such as payments and utilities for the organization. Capital budgeting is a large process that takes many different aspects to run. While capital budgeting is one of the most important aspects in healthcare finance, it is also a broad topic. A bond is a financing tool that is used when an issuer gives a statement to the payee for money and an interest payment is made to the payee at certain times. When an organization goes through the process of issuing a bond, they go through six major steps to accomplish bond issuing and determine whether this is the best decision at the time. Before issuing a bond, the issuer examines their capital plan and determines whether a bond is needed financially. Next, the issuer looks at the options for payees within bond issuance and is then examined by a credit rating agency to see if their credit score is high enough to issue a bond. After being examined by the credit rating agency, the bond itself is examined by the agency and after it is approved, the borrower is given terms and conditions to accept from the borrower. The last step that an organization must go through to issue is to sell the bond. These are sold to the payer where they give the money needed for the specific amount. While bonds are a great way to manage debt and become financially secure, leasing is another way that healthcare facilities manage their debt. Leasing refers to a contract where the lessee pays the owner rent or money for assets for a contracted time where the contract can be renewed and reinstated for longer term usage of those assets. Leasing is undertaken primarily because they don’t have to take care of the maintenance that comes with leasing assets. The owner of the machinery, facility, equipment or anything else that can be leased must continue routine maintenance saving the facility money on expenditure amounts within the spending area. If a facility is struggling for money, there are options such as bonds and leasing to decrease costs and increase the needed funds. There are two major types of leases that healthcare facilities must understand which are capital leases and operating leases. A capital lease, or financial lease, is used to lease assets for as long as the asset will remain available and running. The lessee is required by the contract of the lease to pay for the assets being used as long as the lease is in motion. Operating lease is almost the opposite of a capital lease. Operating leases are used for terms that are usually breakable and shorter than the assets given period of operation. Short term borrowing is a term used to describe when a company is in debt for a term of one year or less. These debts are usually paid back in that year and are usually short term bank loans that are used to finance a company. Long term financing is the exact opposite of a short term loan. It is used when a company needs to be financed for longer than one year or will not be paid back within that year. It can be from a single loan or multiple loans and is used when there are no plans or availability to have these loans paid back within the year. Equity financing sources for nonprofit organizations include internally generated funds, philanthropy, and government grants. These are used to finance and support organizations that are non profit and that help those in need. Today, more and more organizations are becoming nonprofit and are used by their own money, grants and loans and stocks and bonds. These are all primary sources for nonprofit organizations to keep serving communities in the healthcare world. Capital Budgeting process does occur in several extensive stages that include many different objectives for projects and programs for healthcare organizations. These generally include expenditures and the budget that comes along with those steps. These are used so that there are different views of the budget and what needs to be completed and examined in order to see the direction headed. Three discounted cash flow methods that are used include net present value, profitability index and equivalent annual cost. Net present value is the amount of the investment compared to incomes after the discount has been applied. (Cleverley, 529). The profitability is the ratio of the NPV and investment costs. (Cleverley, 533). This is used to compare rates of return on capital budgeting. Finally, the equivalent annual cost is the spending of the project compared to the capital spending and the operation costs when not leased but fully owned.

Why The Russians Were Right :: Essays Papers

Why The Russians Were Right Zubok and Pleshakov wrote this book â€Å"in order [for westerners] to understand the Cold War from the Soviet perspective, one must understand the importance of that moment and the larger historic legacy of Russia and the Russian Revolution, vindicated by the victory of 1945† (2). These men wanted the western world to be able to read this book and understand the different personalities that made up the Kremlin, their personal experiences and how this affected their political leadership. To reveal the Kremlin, in a humanistic way, the authors used the newly declassified documents from the Russian side, to explore the background, psychology, motives, and behavior of Soviet rulers from Stalin to those who replaced him, and to better understand the world that they helped create (xii) The main thesis of the novel is â€Å"It was this group [the Kremlin] that had replaced the Communist politburo during the four years of the most devastating war in the world’s history. Leading the others, walking at some distance from them was Joseph Stalin, the head of the USSR† (1). Zubok and Pleshakov start out explaining the basic views of the Kremlin around 1945, before Stalin comes to power. They then move to the revolutionary world of Stalin and the expansions of the empire that were gained by Molotov. At this point in the book the emphasis shifts to war, nuclear bombs and geopolitics. Contained in these sections are chapters on Zhdanov; Beria and Malenkov; and Kennedy and Khrushchev. The formation of these chapters and subjects in this particular line-up progresses in the order that they historically happened. In order to understand why the USSR made some of the political choices, trying to remove some of the biases in place throughout the world, the authors give personal background information on the USSR’s major leaders of the Cold War time. At one extreme in the USSR government they experienced, Stalin, who lived through war, which made him a ruthless and hardened man. While on the other extreme is Khrushchev, who lived through the revolut ion, which made him a gambler and outstanding bluffer. These two men compromise most of the focus of the book because both brought the world close to war again with their personalities running the Kremlin, Krushchev just brought it closer to nuclear war. The authors use the idea that Westerners do not have a clear understanding of the culture of communist Russia.

Virtual Private Network

Faith, my best friend has been trying to get some online writing job. She found some good websites the only problem was her location; the services could not be offered in her country Kenya. She informed me about it and I just learned about VPN so I advised to use it. So what's a VPN? VPN stands for Virtual Private Networks. It gives you online privacy and anonymity by creating a private network from a public Internet connection. VPNs mask your Internet protocol (IP) address so your online actions are virtually untraceable. Most important, VPN services establish secure and encrypted connections too. How VPN protects your privacy? VPNs essentially create a data tunnel between your local network and an exit node in another location, which could be thousands of miles away, making it seem as if you're in another place. This benefit allows â€Å"online freedom† or the ability to access your favorite apps and websites from anywhere in the world.VPN providers.There are many choices when it comes to VPN providers. There are some VPN providers who offer free service and there are some who charge for VPN service. Paid VPN providers offer robust gateways, proven security, free software and unmatched speed.VPN protocolsThe number of protocols and available security features has grown with time but the most common protocols are:PPTP-PPTP tunnels a point-to-point connection over the GRE protocol.It is strong and can be set up on every major OS but it is not the most secure. L2TP/IPsec- It is more secure than PPTP and offers more features. L2TP/IPsec implements two protocols together to gain the best features of each; L2TP protocol creates a tunnel and IPsec provides a secure channel. This makes an impressively secure package.Open VPN- OpenVPN is an SSL-based VPN that is gaining popularity. SSL is a mature encryption protocol and OpenVPN can run on a single UDP or TCP port.The software used is open source and freely available.That's all for today for more inquiries on VPNs register on my email list for more info.

Worldview Essay Worldview - 1317 Words

Worldview Essay Many people see their lives as divided pieces that are separated with little connection to one another. This can be considered a dangerous perspective because it violates the whole purpose of God’s created order. We find ourselves in a sticky situation because we tend to divide our lives into different categories, rather than focusing on the creation has one whole piece. In a dualistic view, we would consider prayer, church and worship to be sacred activities, while work, education, and politics would been seen as merely secular. Dualism becomes this split vision of world. It separates reality into two fundamentally distinct categories: holy and profane, sacred and secular. Even when we reject this belief of â€Å"full-time†¦show more content†¦The mind is about mental processing, thoughts and consciousness. The body can be described as a physical and mental because it use both of these processing tools for the body to make decisions. We as humans are identified as having a mind and body or brain. We know that dualism is the view that the mind and body both exist as separate entities. One way to understand the mind, is by understanding the other parts it associates with. The mind, spirit, or soul are attached to one another and gives our bodies this idea that our pieces should not be separated. Dualism also leads to a hierarchy of callings. After all, doesn’t it seem obvious that some jobs are more holy than others? That is not the actual case. We think that being a Christians means we must have this certain calling such as a Pastor or to be in missionary works, but that’s not true. We become mislead by this false information. Going back to lectures, we talked about â€Å"God cares for all occupations.† We may realize that Christians are allowed to work beyond the walls of the church or the Christian name, but then we tend to limit ourselves to the â€Å"helping† professions. Christians can become doctors, nurses, teachers, child care workers, social workers, law enforcement officers, or counselors. But then we think about a businessman, a lawyer, an inventor, a builder, an artist etc. We tend not to take these jobs because we think that we canShow MoreRelatedChristian Worldview Essay Paper1121 Words   |  5 PagesChristian Worldview Paper â⠂¬â€œ Second Draft Christine Reiter CWV 101 – Christian World View 11/25/2012 Dr. Jim Uhley My Worldview My worldview is formed by my relationships, challenges and choices I have made, environmental surroundings and my family influence, all which have impressed on me my views of the world. According to Merriam-Webster’s Learners Dictionary, the definition of â€Å"Worldview† is â€Å"The way someone thinks about the world†. Although this simple phrase seems to the point, itRead MoreWorldview Essay1398 Words   |  6 PagesNovember 29, 2014 Jonathan Sharpe Worldview Essay This semester of Christian Worldview has been beneficial for me learning more about all different types of worldviews. I started this class with a Christian background but a clean slate of not knowing what my true worldview really was. As I went through the semester, I gained tons of new knowledge to help me understand how my opinions matched with the different worldviews. In the beginning of the semester I did a worldview outline answering seven questionsRead MoreWorldview Essay1313 Words   |  6 PagesWorldview Essay Today’s society consists of many worldviews. Most people tend to pull beliefs from different religions, but often stick to one main worldview. A worldview to me is the gathering of beliefs that shape what we do on a daily basis and forms our overall view on life. When I look at my beliefs critically, I am able to see my worldview and see how it compares to different worldviews, but also how it compares mainly to the Christian Worldview. My view of God is very similar to the non-denominationRead MoreWorldview Essay786 Words   |  4 PagesIn this essay I will be explaining the difference between my worldview and others, but in order for to understand my worldviews or any other you must know the definition of the word worldview the meaning of it is found in the book Worldviews and Religion page 7 and it states â€Å" The term worldview literally means ‘a way of seeing’†( North American Division. 1998, p 7). My worldview is Theism, they are people who believe that there is a higher power watching over the world. They are the opposite ofRead MoreWorldview Essay1033 Words   |  5 PagesBiblical Worldview Essay (Romans 1-8) In the Book of Romans Paul wrote many letters answering questions about the human world, mankind’s relations with God, the natural world and most importantly the plan of salvation. Paul wrote these letters to tell the truth, to tell that no matter what race or religion, we are all sinner and the only way to truly become righteous is though faith in Jesus Christ. In Rome at that time you had two extremes of people, the heathens, and those who thought they wereRead MoreWorldview Essay1474 Words   |  6 PagesConcept of Worldview The phrase â€Å"worldview† is a mental framework of all people and groups to interpret the nature of reality and the world we live in. It is philosophical, metaphysical or an ideological reality of the world we live in. The worldview is also used in understanding the law governing relationships among human beings, nature and the purpose of human life. They are attitudes and ideas about the world we live in and a thorough understanding of the systems of all the beliefs which hopeRead MoreEssay about Worldviews1934 Words   |  8 PagesIntroduction: In this essay, I will critically discuss the statement of worldviews is essential for critical thinking in terms of learning at university. I will use my own experiences, Northedge, Bizzell, Hobson and Weston’s readings, as well as Veitch, Christensen and Thompson’s lectures to support my thesis and main points, in terms of my life and experiences learning at university in a diverse culture. The thesis of my essay is we, as students, need to have our own worldview and learn to gain knowledgeRead MorePersonal Worldview Essay1002 Words   |  5 PagesPersonal Worldview Essay My worldview has been shaped and expanded over the course of my lifetime by many different influences. My family, friends, coworkers, teachers, and even strangers have made impacts on my life that have in one way or another changed how I view society and the world around me. The three main components that help to form my worldview are Ethics, Human Nature, and God, because they molded my thoughts, experiences, education and life decisions. I feel the strongestRead MoreWorldview Essay972 Words   |  4 PagesA worldview is the basis from which we view reality and make sense of life and the world around us (focusonthefamily). It is a combination of all you believe to be true and what you believe becomes the motivation behind every decision, action, and emotion you make, ultimately shaping your identity. As a Christian, it is important to have your own worldview and be familiar with the worldviews of others. One of the most effective and fruitful ways to engage with non-Christian religions and ideas isRead MoreBiblical Worldview Essay913 Words   |  4 PagesIntroduction What is a world view? A worldview is our philosophy for life and how we look at the world around us. It is our view on things such as life, death, politics and religion. Having a Christian worldview gives a basis of stability and morality, something non-Christian worldviews do not have. From a Christian worldview, we believe that God has created us in His image. Because we believe we are created in the image of God, we have a set of morals that we should uphold. As I am studying