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Full-Text Articles in Business
The Mississippi Furniture Industry And Its Use Of Wood-Based Materials, Steven H. Bullard, Brian A. Doherty, Paul H. Short
The Mississippi Furniture Industry And Its Use Of Wood-Based Materials, Steven H. Bullard, Brian A. Doherty, Paul H. Short
Faculty Publications
Furniture manufacturing is one of the most important industries in Mississippi; the industry's phenomenal growth and current high levels of production and employment have recently been widely recognized and publicized. The Mississippi Economic Council (1988), for example, recently labeled the state "The New Furniture Capital of America;' and Northeast Mississippi was recently described as a "booming region'' that "wants to be the Furniture Capital of America'' (Evans 1987). The present report characterizes important aspects of Mississippi's furniture industry, including its development and relative importance within the state and within the U.S., and assesses current information on the availability and use …
Present Net Worth And Internal Rate Of Return: A Note On Equivalence In Use, K. A. Blatner, Steven H. Bullard
Present Net Worth And Internal Rate Of Return: A Note On Equivalence In Use, K. A. Blatner, Steven H. Bullard
Faculty Publications
Present net worth and internal rate of return are frequently used for ranking investment alternatives. The relative merits and limitations of the two criteria are discussed at length in numerous journal articles and texts. For analysts wishing to present consistent project comparisons, the issue is not which criterion is superior, but when are they equivalent. In this article, conditions for equivalence in use are outlined under alternative assumptions. Although the conditions appear complex, they are not unduly restrictive.