Discounting nokuphuma kwemali

Umqondo discounting nokuphuma kwemali kuhilela inqubo lokubakhipha ukubaluleka okwenziwe ngezikhathi ezahlukahlukene, nenani olufanele kulesi sikhathi samanje. Ngokwesibonelo, ukudayisa noma iyiphi inkampani idinga yayo kabusha kokuhlaziywa, okungukuthi, ekutholweni value, ikhumbula kokushintsha kwezimo emakethe. Ikakhulukazi wayevame ukusebenzisa ehlisiwe kwemali indlela e ukwenza imisebenzi kanye utshalomali. Phela, ukwenza izindleko kwayizuzisa, udinga ukuba acabangele noma yiziphi izinguquko ku ukubaluleka kwempahla.

Kuyaphawuleka ukuthi ukusetshenziswa le ndlela yokubamba izinhlanzi idinga ukuthuthukiswa kwamakhono ethize kanye nolwazi olwanele. Yodwa a specialist uhlola Inkomba ngamunye futhi abale ngokunembile inani lamanje iphrojekthi. Discounting nokuphuma kwemali has property sikhathi, njengoba inani elisha ngokushesha ukulahlekelwa ngokuhlathulula ukusebenza kwawo, ikakhulukazi ezingeni micro, lapho kuthonywa noma yikuphi ukunyakaza amafa kanye nezinsiza.

Ukuze kunembe kakhulu futhi kunokwethenjelwa Imininingwane Uchwepheshe luhlala ngezindlela ezimbili. Indlela Eyokuqala ihilela ukuhlela kucatshangelwa isikhathi factor, kanti owesibili, ngokulandelana, akawuthathi ku-akhawunti. ehlisiwe kwemali evumela zimali ukuthatha isinqumo ukutshala sicabangela engcupheni futhi ukwehla kwamandla emali aqondene izinyathelo. Ungenza Ukuqhathaniswa inzuzo etholwe ngezikhathi ezihlukene. Ngenxa yalesi umehluko ukutholwa ziyamaniswa nokungangeni futhi zonke izindleko prodiskontirovannyh usebenzisa nesithakazelo esifanayo. Ngakho, ukuze uthole net ehlisiwe nokuphuma kwemali.

Ukunemba nobuqiniso imiphumela ukuhlaziywa akuxhomekile nje kuphela esimweni idatha enikeziwe, kodwa futhi ku ukukhethwa efanele izinga isaphulelo. Ukuze ubone ukuthi usebenzisa eyodwa yezindlela amathathu adumile: ekubalweni kwesamba izindleko isilinganiso izimali, izimpahla ukuhlaziywa, yenzelwe ukusetshenziswa eside, futhi isakhiwo ezuziwe. Indlela yokugcina isebenzisa Ochwepheshe ihlonishwa kakhulu futhi elisetshenziswe kaningi. Lokhu kungenxa yokuthi le ndlela kuyinto ngokunembe ngangokunokwenzeka acabangele degree of riskiness ukuhlinzwa.

Discounting nokuphuma kwemali kubhekwa indlela enokwethenjelwa kakhulu ekunqumeni utshalomali rationality. izinzuzo zayo awekho ngaphansi kokungabaza. Kodwa kukhona icala elisemandleni yinkimbinkimbi inqubo. Ukuze uthole imiphumela olunembile kakhulu futhi ethembekile kuzodinga utshalomali abalulekile isikhathi isineke phezu ingxenye onguchwepheshe.

Ngaphezu kwalokho, ehlisiwe kwemali uyakucabangela hhayi kuphela lobulukhuni nobungozi, kodwa futhi izinga lokwehla kwamandla emali. Angabonelela ushintsho izinga lokwehla kwamandla emali Kungafezani omunye izindlela ezimbili eziyisisekelo. Ngokusho indlela yokuqala, ukuwa kwamandla emali ingxenye is kunakwe lapho kubalwa rate isaphulelo kanye samuntu yesibili wenziwa ekusakazeni ngamunye deflation ngesikhathi ezimali. Okusho ukuthi, indlela sesibili kuhilela ukufakwa izinguquko inflation ngesikhathi esisodwa.

Flow discounting indlela kusekelwe ukulungiswa ethile model of the zezimali imisebenzi inkampani. Ngokuvamile, i-imodeli ezifana ithuthukiswe zisuselwa ekuhlaziyweni we nenzuzo nokulahlekelwa akhawunti kanye imibhalo sibonakalisa kwemali kanye nezimali-akhawunti wamabhizinisi. Ukuze khulula cash flow edingekayo cash flow kusuka imisebenzi yokusebenza kwehle ngo inani lotshalo mali. Inani umphumela izimali kubhekwa njengento imali yenhlangano, ingxenye okuyinto uya izinkokhelo ababolekisi kanye ababoleka, futhi basakaza phakathi Bonke abanini-masheya ngesimo idividendi izinkokhelo.

Ngokwe-ukuhlaziywa olwenziwa kusetshenziswa isaphulelo, onguchwepheshe kwenza esiphethweni mayelana nokwenzeka ngcono inqubo ukukhiqizwa, abheke ukuthi kungenzeka ukubandakanywa izimali amanye amaphrojekthi ukuze kwandiswe inzuzo esikhathini esizayo.