The Size of the Maximum Cash Flow in Business | Business Study Notes

In the economic profitability calculations made in the context of the selection of investment projects, the “maximum cash flow” is not in itself a selection criterion but may constitute a rejection criterion when it is too important. In some industries, it is a key element in deciding whether to launch a new project. For companies working “on business”, this criterion is used to negotiate “co-financing” of development costs.

An additional criterion of profitability criteria

Remember that the economic profitability of a project is calculated from the investment cash flows (FTI) and operating cash flows (FTE) specific to this project. The maximum cash pool is based on discounted and cumulative free cash flow (FTD = -FTI + FTE). It is often visualized on the graph of the cash flow curve of the project.

In itself, the maximum cash flow does not evaluate the intrinsic economic performance of the project:

  • The internal rate of return (IRR) measures the intrinsic profitability;
  • Net Present Value (NP) and Profitability Index (PF) measure the value created above an expected rate of return;
  • The payback period estimates the time after which the company will have recovered the down payment corresponding to the initial investment.

A project may be very profitable but difficult to fund because the company does not have sufficient resources (capital contributions or current accounts of partners, reserves, loans to MLT, credit lines to CT …) to finance this maximum trough or not on the whole the business and projects it wishes to undertake.

This cash gap results from:

  • Investments in fixed assets;
  • Potential start-up losses and the constitution of working capital requirements that are deducted from operating cash flow

Illustration of the cash gap

An aeronautical equipment supplier manages several projects on behalf of its customers. These projects have an extremely long average duration, up to 40 years and require significant initial investments: research and development, prototyping, production lines. The contract provides for the supplier to finance these development costs itself, at least in part, and then recovers this down payment from the sale price of the parts over the period of sale.

Financial resources being limited in nature, before accepting a new business, in addition to the criteria of economic profitability, the equipment manufacturer will ensure that this maximum cash flow, called in the “low point cash” business is finance-able and does not not disproportionate to the value created by the project.

How to act on the maximum cash pool

First, as with any project, the company strives to act on the cash flow of the project to improve its performance:

Invest gradually by ensuring that some of the investments are made when the GTF has become positive;

Outsource investment-intensive and non-strategic BFR activities;

Strive to variabilize loads to gain flexibility and limit losses in case of under-activity;

Use underutilized assets in the enterprise taken into account at low or no marginal cost;

Finally, the supplier will endeavor to obtain from his client, as part of the commercial negotiation, a co-financing of the development cost in order to reduce his own maximum cash-flow and to financially involve his client. If you wanna learn more about such business terms and terminologies, than you need to visit Business Study Notes. Business Study Notes is all about business tips and tricks, entrepreneurship management, business education and exam study as well. We may also say that the student of MBA & BBA may easily get ready for their exams by reading Free Notes Online on Business Study Notes.

Benefits of a Limo Car Service

You want to drink alcohol, but you can not because you are the designated driver? You want to get out of town, but you have no idea about the instructions? So a Limo service is what you need. If you are considering traveling around the city in style, then there are several reasons why you need to hire a Limo Car Service.


No more traffic worries


If you want to go for a walk around the city then you need to know the roads and roads. If you find it difficult to read a map or if you do not have GPS services in your car, then a limousine service is the best for you. With this, you will have your own personal driver who can drive you around town safely.


It gives a great impression that


If you want to impress your family, friends, or partner, then a Limo Car Service is what you need. The sight of a limousine outside the house will certainly make briefs of gratitude from the people who plan to take along a leisurely walk through the city.


Large space, lower gas costs


A sedan or SUV can only accommodate some people. But with a Limo service, you can go to the clubs with a dozen of your friends. Not only will it give you a bigger riding space, it can help you save a lot of money because you don’t need two vehicles to get some location. If you decide to have a holiday out of town with your friends, you will be able to save money as the fee is less than the plane tickets or boat.


Keeps you safe and secure


A limousine car is considered one of the safest vehicles on the planet. Because it‘s made of bulletproof steel, it‘s ideal for people who live with death threats every day.If you are a VIP who wants to be transported safely to your destination, then a limousine car service is what you need to sign up.


Make your special day even better


If you are a blushing bride or if you want to be the Prom Queen, then a limousine service can enhance your special day. A Limo can make you talk about the city. This amazing car will surely make you feel like a princess on the biggest day of your life!
Now you can drink!
Are you tired of being the designated driver after a red city painting night? If you want to be able to drink and not worry about getting involved in a motor crash, then the services of a limousine car company are what you need. With a driver to help you with your needs, you can drink everything you want and still get home safe.
A limousine service can come to places safely and safely, and it can also make you look good in front of your family and friends. With the affordable prices offered by the Chauffeur cars Melbourne on the market, there is no reason not to sign up for these services for your next trip out of, or around the city.

Christians and Muslims ? Good Friday Importance for Christains

Today begins Ramadan for Muslims. Emmanuel Pisani, Dominican, teacher at the Catholic Institute of Paris, a specialist in Islam, answers questions from Sophie de Villeneuve. Sophie de Villeneuve: A surfer to asks if the God of Islam resembles that of Christians.

Good Friday Morning

EP: Both Christians and Muslims believe in one God. A priori, it is indeed the same God. But is the knowledge we have of it the same? That’s the real question. For Christians, no one has ever seen God. But Jesus Christ revealed it to us. In Islam, God says something about him, but we know him not by Jesus Christ, but by the Qur’an, and especially by divine names. God is the Almighty, the Merciful, the Omnipotent, the King, etc. God has 99 names. He also has attributes, given in the Qur’an, that make it possible to approach God, to have knowledge of it. From the outset, we therefore have different theologies. In Christianity, God reveals himself by his Son, by the Word incarnate, in Islam he reveals himself by names inscribed in the Koran.

These names given to God by the Koran, could they not also apply to the God of Christians?

EP: Yes, and besides the Bible also gives names to God. But while St. John writes that God is Love, this word love does not appear in the names that the Koran gives to God. For Christians, God is Father , Abba, and we have a relationship of filiation with him. This word father does not appear either among the divine names of the Koran. Finally, while some names may be common, they do not necessarily have the same theological meaning. Muslims call on a merciful God, who has mercy, and for us also God is merciful. But the Arabic words rahman and rahim mean rather the benevolence of God, who gives his benefits to all men, to all of humanity. As in the Bible, the sun rises for all men, the righteous and the wicked.

Does it seem that the God of Christians is closer to men than the God of Islam?

EP: In Christianity, God wants to be known. He is love. When we love a person, we want to live with her. God loves us and wants to live with us. He is made flesh to dwell among us, so that his creature whom he loves may remain with him. The Qur’an does not say that God is love, even if God manifests love for man. In Christianity, God loves the first. He loves us even before we love him. The Qur’an speaks five times about the love of God. This love is a reward for the love that man shows him. A verse from the Qur’an might suggest that God loves first, but he is a minor in the Muslim tradition on the issue of love.

When Christians discover Muslim prayer , in interreligious dialogue or living in Muslim countries, they often say that they are discovering another way of speaking to God and honoring God.

EP: I believe that discovering other religions can upset our. Our tradition sometimes runs out of steam in everyday life. The meeting of another tradition can bring surprise, and allow us to rediscover and reclaim the richness of our own tradition. Personally, it was while studying Islam that I rediscovered the flavor of my own religious tradition and the gospels that I have known since my childhood, but whose singularity I no longer saw. It was while studying the Muslim tradition that I discovered as backward the singularity and power of my tradition.

In the Christian tradition, we speak of a Trinitarian God, which astonishes many Muslims who say that we have three gods …

EP: Indeed, it is a great challenge for Christians to explain the unity of a God who is three people . Theological language makes it possible to account for it, but it is difficult. The fathers of the Church had rather recourse to images, like that of the sun: there is the star, which is the Father, the source, the principle, then the ray of light that springs, which is the Son, and the warmth and light that comforts hearts , the Spirit. All this is the sun, with a phenomenon of procession. The Trinity is a relationship.

This does not exist in Islam.

EP: The God of Islam is indeed a strict monotheism, which is not relational. In the love of the God of Christians, otherness, relationship, is very important. It is because God is love that He is Trinitarian. Here the good news for the Christian people is Good Friday 2018 is coming on next 30th march 2018. You may visit Good Friday Morning to download the latest Good Friday Images from Google. Visit and Enjoy Good Friday 2018.

Features of Best Assisted Living Facilities

There are many reasons behind why people choose assisted living facility. Mostly people choose because of aging issue as aging at a place isn’t as easy as it looks. While on the other hand, some people want to have such a lifestyle that is free from all of responsibilities like taking care of house, room, or managing expenses for utility bills and so on. In both cases, assisted living is a good option that may help you focus on whatever you admire.

Denver Assisted Living

When talking about features of assisted living facilities, you will surely get surprised after reading the basic features of assisted living. Services offered by today’s assisted living facilities are really great, but it sounds even better when there is personal interest of the staff in providing services to every resident. If you are not familiar with the concept of assisted living, then you will surely begin with one question like what assisted living is. To help you understand this concept completely and clearly, we Stacys Helping Hand, Inc have created this page.

Assisted living is a type of living option in which the residents are provided assistance when doing activities of daily life such as dressing, cooking, bathing, eating, drinking, walking around the facility, going out for appointments and so on. The main focus of these facilities is people of old age because surely seniors are the ones who will require help with daily living activities. If seniors are the main concentration of the facility, then why does it offer services for adults?

The question is absolutely right. In terms of adults, the facility offers same services and gives them a freedom lifestyle where there is not any kind of duty on the shoulders of adults. In both cases, the best assisted living facilities in Denver Co are a good choice. People in these communities/facilities feel the independent lifestyle and mix it with their old life with the aim to give peace to the mind and stay calm as much as possible. Only due to peaceful and lovely environment, experts recommend assisted living facilities for aging specifically.

Apart from daily living activities, most of the services offer some additional services as well with some extra fees. These additional services include housekeeping, Alzheimer’s Care, access to the health services, staff for your personal needs, emergency call system, 24 hour security, medication management, exercise programs, social and recreational activities and person laundry services. There are many accommodation options available at the facility depending on your taste.

Sometimes people like to live in a shared room, but a few admires it single. It is entirely on your taste. Average assisted living facility comprises living apartments starting from 25 to 120 including living units. Some are shared apartments where the rest are surely single. Some private rooms also contain two seats, one for the resident and other for special staff to take care of the resident. These are the features of the best assisted living facilities in Denver Co. You can find out more on the internet.