| Published On: Thursday, May 30, 2013 | |
The World Summit Youth Award (WSYA) is a unique global contest which brings together young developers and digital entrepreneurs - under 30 years of age - who use internet and mobile technology to put the UN Millennium Development Goals (MDGs) into action and make a difference.
Do you work with the internet? Develop apps? Design the web? Produce interactive content? Are you concerned about poverty, hunger and the spread of diseases? Do you want to save the environment? Do you care about power to women or education for all?
Take a chance, show what you have achieved and be heard and seen on an international stage! Submit your project and show us how you take action for social good.
All innovative entrepreneurs with social e-content products are encouraged to apply for the 6th edition of the Youth Award. Don´t miss the chance to take part in this international high-level competition and apply RIGHT NOW!
EUROPE CALLLING: One application, two chances to get onto the stage of global recognition
For the second time, Graz, the UNESCO City of Design in Austria, will host the European Youth Award (EYA).This regional version of the WSYA will be celebrated from the 28th to the 30th of November 2013 and will showcase the best European projects.
Applicants coming from a European country will be evaluated twice -on the European as well as on the worldwide level- and, therefore, will have the chance to win two awards!
Last date of submission of form:
1st of July 2013
For More Details:
Find out about all you need to know for applying on
| |
Apply now for the WSYA and EYA 2013!
International Conference on Future Trends in Computing and Communication Technologies
| Published On: Tuesday, May 07, 2013 | |
International Conference on Future Trends in Computing and Communication Technologies (FTCom 2013)
August 09-11, 2013, http://www.ftcom.org
CALL FOR PAPERS
FTCom is a prestigious technical conference with a scope covering new and exciting technologies and research areas, thereby inviting interest of a large audience. The conference targets research presentations by academic and professional researchers, enabling participants to learn about the latest trends in computing and communication technologies. Research contributions are expected from the participants, covering various domains. For all submitted papers, the review criteria include significance of the problem, novelty, clarity, completeness, and accuracy. Technical papers describing original, previously unpublished work, are solicited in the areas of relevant interest including, but not limited to, the following: • Algorithms • Data Mining • Software Engineering • Web • Geo-Informatics • Language Processing • Artificial Intelligence • Computer Vision and Graphics • Modeling and Simulation
• Distributed and Grid Computing
• Communication and Networking • Ad hoc Networks • Information Security
• Green Computing
• Cloud Computing
IMPORTANT DATES Regular Paper Submission: June 20th, 2013
Authors Notification: July 25th, 2013
Conference Registration: July 31st, 2013 Camera Ready Paper Submission: July 31st, 2013 Conference: August 09-11, 2013
PAPER SUBMISSION
FTCom will only accept original papers that have not been previously published and are not currently under review by any other conference or journal. We will adopt a double-blind review process, where the names of authors and their affiliations are unknown to reviewers until the end of the review process. | |
MSCS: Mid Term Exam Date Sheet (SPRING 2013)
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Published On: Tuesday, May 28, 2013
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Blocking of accounts of non- paying students
| Published On: Thursday, May 23, 2013 | |
This is to inform you that Virtual University of Pakistan is going to block the accounts of all those students who have not yet paid their dues by tomorrow. All the students are therefore advised to pay their all outstanding dues to avoid blocking of accounts and to appear in midterm exams without any inconvenience.
| |
Spring 2013 Mid Term Examinations: Allowed Software List
| Published On: Thursday, May 23, 2013 | |
| During the upcoming Spring 2013 Mid Term Examinations, students are only allowed to use the software’s’ mentioned with respect to each course on the below mentioned web link: http://vulms.vu.edu.pk/Notifications_Links_Files/List_SPRING%202013_MIDTERM%20.pdf Note: Any student found using other than the allowed software in his/her paper will result in immediate paper cancellation and UMC will also be filed. In Allowed Software List: · Calculator = System Calculator / Student’s own calculator (Non-programmable) · System Calculator = Windows built-in Calculator · Hard Calculator = Student’s own calculator (Non-programmable) | |
Attention Students: Spring 2013 Mid Term Examinations
| Published On: Wednesday, May 22, 2013 | |
| All those students who have not confirmed their date sheet yet and wish to appear in the upcoming spring 2013 Mid Term examination must request via email at datesheet@vu.edu.pk not later than 24-May-2013. No request will be entertained after the said date. | |
Attention Gujjar Khan Students: Spring 2013 Mid Term Examinations
| Published On: Wednesday, May 22, 2013 | |
| Due to some unavoidable circumstances, your exam center for the Spring 2013 Mid-term examination has been shifted from VGRK01 to PGRK01. PGRK01 (Super Wings College of Commerce & Management) Address: Ch. Sabir Building, Gulyana More, G.T. Road, Gujjar Khan Phone: 051-3512514, 3513514 You are advised to please print your updated exam entrance slip by visiting the following link:http://datesheet.vu.edu.pk | |
Attention: Pattoki Students
| Published On: Tuesday, May 07, 2013 | |
Spring 2013 Mid Term examinations for Pattoki students are being planned at C-Block, Ravi Campus, University of Veterinary and Animal Sciences (UVAS) Pattoki. All Pattoki students, who wish to appear in the upcoming exams at this center must request via email at datesheet@vu.edu.pk on or before 10-May-2013. | |
Attention Overseas Students: EXAM SOFTWARE INSTALLATION AND CONFIGURATION (SPRING 2013 MID TERM)
| Published On: Tuesday, May 07, 2013 | |
| Overseas Exam Software and related material has been made available for download. Please make sure to install latest exam application available on the link given below. You must follow the sequence of instructions given below for smooth and error free installation: INSTRUCTIONS 1. Visit the link http://qb.vu.edu.pk 2. For downloading, login with your VULMS student ID and password 3. Download all material one by one 4. After installation, you must go through the “User Manual” for attempting your paper. 5. An icon will be visible on your desktop. Please double click the icon to run the demo test. You may test your installation by joining each of the following sessions till May 23, 2013 during the specified timings) Session 1: 09:00 AM to 10:00 AM Pakistan Standard Time Session 2: 11:00 AM to 12:00 PM Pakistan Standard Time Session 3: 02:00 PM to 03:00 PM Pakistan Standard Time
Session 4: 03:30 PM to 04:30 PM Pakistan Standard Time
Session 5: 05:00 PM to 06:00 PM Pakistan Standard Time
6. Please use your student ID as login and password for login the exam application to check demo test. For exampleStudent ID: mc090XXXXXX (Yours student ID)
Password: mc090XXXXXX (Yours student ID)
7. After completing the demo test, you must confirm your installation status by clicking the link “Click here to confirm your installation status” given on http://qb.vu.edu.pkIn case of any query/problem, you may give your feedback to overseasexams@vu.edu.pk or contact us on the following numbers during VU office hours i.e. 09:00AM-05:00PM (PST) Note: There is no invigilator during the demo sessions, so no need to reply the messages during demo. You have to send us your feedback at overseasexams@vu.edu.pk or you may also contact “overseasexams” and “overseasexams02” at Skype during demo sessions for support.
+92-42-99204760, +92-42-99203899, +923200460004, +923200460007
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MGT201 Assignment no 1 Solution 06-05-2013
MGT201
Assignment no 1
PROBLEM:
SNT Company is considering purchase of a new plant and machinery
to supplement its manufacturing process. It has been anticipated that the new plant
and machinery will involve an immediate cash investment of Rs. 500,000 and Rs. 800,000
in year 1. The after-tax cash inflows will be Rs. 150,000, Rs. 200,000 and Rs. 250,000
for year 2, 3 and 4 respectively. Afterwards, there will be a cash inflow of Rs.
300,000 each year from year 5 to year 10. Though the plant might be viable after
10 years but the company prefers to be conservative and end all calculations at
that time. The company’s required rate of return is 14 percent. Considering yourself
as financial analyst of the company, you are required to make the following calculations
along with interpretations:
a) What is the project’s
payback period? Comment on the feasibility of project by considering
that firm’s required payback period is 5 years. (3+1 Marks)
b) What is the net present
value of the project? Is it acceptable? (5+1
Marks)
c) What is the internal
rate of return for the project? Is it acceptable? Support your decision with conceptual
rationale (8+2 Marks) NOTE: You
are required to use the Interpolation Formula or Technique for calculating IRR;
consult the relevant power point slideshow uploaded in the lesson contents of Lesson
# 9. The slideshow can be accessed by using the following path:
Sign in to VULMS Course
Website Lessons Lesson 9 Resource Material
------------------------------------------------------------------------------
SOLUTION IDEA
a)
Calculation
of payback period.
|
Year
|
Cash flows
|
Commutative cash flows
|
|
0
|
-50000
|
|
|
1
|
-800000
|
|
|
2
|
150000
|
1500000
|
|
3
|
200000
|
350000
|
|
4
|
250000
|
600000
|
|
5
|
300000
|
900000
|
|
6
|
300000
|
1200000
|
|
7
|
300000
|
1500000
|
|
8
|
300000
|
1800000
|
|
9
|
300000
|
2100000
|
|
10
|
30000
|
2400000
|
Payback period= 6 + 100000/300000
= 6.33 years
This project is not feasible
because its payback period is greater than firm’s required payback period.
b) Calculation of
NET PRESENT VALUE
|
Year
|
Cash flow
|
Cum cash flow
|
PV @14%
|
Present value
|
|
0
|
(500000)
|
|
1.00
|
(500000)
|
|
1
|
(800000)
|
|
0.877
|
(701600)
|
|
2
|
150000
|
150000
|
0.769
|
115350
|
|
3
|
200000
|
350000
|
0.675
|
135000
|
|
4
|
250000
|
600000
|
0.592
|
148000
|
|
5-10
|
300000
|
240000
|
2.304
|
691200
|
Net
present value (-112050)
NPV is negative so
project is not acceptable
C ) What is the internal
rate of return for the project? Is it acceptable? Support your decision with
conceptual rationale
|
Years
|
Cash
flows
|
PV @
11% discount
|
PV @
10% discount
|
|
0
|
-500000
|
|
|
|
1
|
-800000
|
|
|
|
2
|
150000
|
121743.37
|
123966.94
|
|
3
|
200000
|
146238.27
|
150262.96
|
|
4
|
250000
|
164682.74
|
170753.36
|
|
5
|
300000
|
178035.39
|
186276.39
|
|
6
|
300000
|
160392.25
|
169342.17
|
|
7
|
300000
|
144497.52
|
153947.43
|
|
8
|
300000
|
130177.94
|
139952.2
|
|
9
|
300000
|
117277.43
|
127992.28
|
|
10
|
300000
|
105655.34
|
115662.986
|
NPV @ 11% discount = -31299.75
NPV @ 10% discount = 37393.7
IRR= Lower discount rate+ Difference of discount rates (NPV
at lower discount rate/NPV at lower discount rates- NPV at higher discount rate
IRR= 11+1(37393.7/37397.3+31299.75)
IRR=11+ (0.5443)
IRR=11.54%
Because the internal rate of return is less than the
required rate of return the project would not be acceptable.
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