{"id":10345,"date":"2022-07-05T21:44:54","date_gmt":"2022-07-05T18:44:54","guid":{"rendered":"https:\/\/bestessayhomework.com\/tr\/?p=10345"},"modified":"2022-07-05T21:44:54","modified_gmt":"2022-07-05T18:44:54","slug":"geri-odeme-periyodu-muhasebe-alaninda-tez-yaptirma-muhasebe-tez-yaptirma-ucretleri-muhasebe-odevleri-muhasebe-odev-ucretleri","status":"publish","type":"post","link":"https:\/\/bestessayhomework.com\/tr\/geri-odeme-periyodu-muhasebe-alaninda-tez-yaptirma-muhasebe-tez-yaptirma-ucretleri-muhasebe-odevleri-muhasebe-odev-ucretleri\/","title":{"rendered":"Geri \u00d6deme Periyodu \u2013 Muhasebe Alan\u0131nda Tez Yapt\u0131rma \u2013 Muhasebe Tez Yapt\u0131rma \u00dccretleri \u2013 Muhasebe \u00d6devleri \u2013 Muhasebe \u00d6dev \u00dccretleri"},"content":{"rendered":"

Net De\u011fer<\/span><\/strong><\/h3>\n

Net bug\u00fcnk\u00fc de\u011fer bir dolar tutar\u0131d\u0131r. A\u015fa\u011f\u0131daki gibi hesaplan\u0131r.<\/span><\/p>\n

Pozitif bir miktar olan net bug\u00fcnk\u00fc de\u011fer (NPV), ger\u00e7ek yat\u0131r\u0131m getirisinin hedef oran\u0131, bu durumda y\u00fczde 15’i a\u015ft\u0131\u011f\u0131 anlam\u0131na gelir. Negatif olan bir NPV, ger\u00e7ek yat\u0131r\u0131m getirisinin hedefin alt\u0131nda oldu\u011fu anlam\u0131na gelir. NPV s\u0131f\u0131ra e\u015fitse, hesaplamay\u0131 yapmak i\u00e7in kullan\u0131lan ROI y\u00fczdesi ger\u00e7ek ROI’dir.<\/span><\/p>\n

Karl\u0131l\u0131k Endeksi<\/span><\/strong><\/h3>\n

Karl\u0131l\u0131k endeksi (PI), ger\u00e7ek yat\u0131r\u0131m getirisinin hedef yat\u0131r\u0131m getirisi ile kar\u015f\u0131la\u015ft\u0131r\u0131lmas\u0131d\u0131r. Hesaplamas\u0131 \u015f\u00f6yle:<\/span><\/p>\n

1.0’dan b\u00fcy\u00fck bir karl\u0131l\u0131k endeksi, ger\u00e7ek yat\u0131r\u0131m getirisinin hedefi a\u015ft\u0131\u011f\u0131 anlam\u0131na gelir. 1.0’dan d\u00fc\u015f\u00fck bir karl\u0131l\u0131k endeksi, ger\u00e7ek yat\u0131r\u0131m getirisinin hedefin alt\u0131nda oldu\u011fu anlam\u0131na gelir. PI tam olarak 1.0 ise, hesaplamada kullan\u0131lan ROI y\u00fczdesi ger\u00e7ek ROI’dir.<\/span><\/p>\n

Bu \u00f6rnekte, NPV pozitif bir miktar oldu\u011fundan ve PI 1.0’\u0131 a\u015ft\u0131\u011f\u0131ndan, ger\u00e7ek yat\u0131r\u0131m getirisinin y\u00fczde 15’i a\u015ft\u0131\u011f\u0131n\u0131 art\u0131k kesin olarak biliyoruz. NPV ve PI hi\u00e7bir zaman \u00e7eli\u015fkili sinyaller vermeyecek ve NPV ve PI ile ger\u00e7ek yat\u0131r\u0131m getirisi aras\u0131nda hi\u00e7bir zaman \u00e7eli\u015fkili sinyaller olmayacakt\u0131r. Normal i\u015f tahmini alan\u0131nda, bu t\u00fcr \u00e7eli\u015fkili sinyaller imkans\u0131zd\u0131r.<\/span><\/p>\n

(a) Ek 10-1’de, her bir y\u0131ll\u0131k fakt\u00f6r\u00fcn tekrar tekrar 6.000 ile \u00e7arp\u0131ld\u0131\u011f\u0131na dikkat edin. Alternatif olarak, bize 2.855 veren d\u00f6rt y\u0131ll\u0131k fakt\u00f6r\u00fc toplayabilir ve bu say\u0131y\u0131 y\u0131ll\u0131k nakit ak\u0131\u015f\u0131 ile \u00e7arpabiliriz.<\/span><\/p>\n

Yuvarlaman\u0131n getirdi\u011fi farkl\u0131l\u0131klar d\u0131\u015f\u0131nda, tek bir \u00f6zet \u00e7arpma yapmak, bireysel hesaplamalarla ayn\u0131 sonucu verecektir. Y\u0131ll\u0131k fakt\u00f6rlerin toplam\u0131na y\u0131ll\u0131k fakt\u00f6r denir. An\u00fcite fakt\u00f6rleri ancak y\u0131ll\u0131k nakit giri\u015flerinin ayn\u0131 tutarda olmas\u0131 durumunda kullan\u0131labilir; nakit giri\u015fleri farkl\u0131l\u0131k g\u00f6sterdi\u011finde, her y\u0131l i\u00e7in bug\u00fcnk\u00fc de\u011fer fakt\u00f6rleri kullan\u0131lmal\u0131d\u0131r. Farkl\u0131 zaman dilimleri ve faiz oranlar\u0131 i\u00e7in rant fakt\u00f6rleri hesaplanm\u0131\u015f; bulunabilirler.<\/span><\/p>\n

\u0130\u00e7 Karl\u0131l\u0131k Oran\u0131<\/span><\/strong><\/h3>\n

Bu, indirgenmi\u015f nakit ak\u0131\u015f\u0131 tekni\u011fine dayal\u0131 ger\u00e7ek yat\u0131r\u0131m getirisi olan i\u00e7 getiri oran\u0131n\u0131n form\u00fcl\u00fcd\u00fcr. Bu form\u00fcl, bu teknikle ilgilenen t\u00fcm bilgisayar yaz\u0131l\u0131mlar\u0131nda bulunmaktad\u0131r. S\u00f6zlerinde \u015f\u00f6yle yaz\u0131yor:<\/span>\u00a0Nakit \u00e7\u0131k\u0131\u015flar\u0131n\u0131n (yat\u0131r\u0131m) bug\u00fcnk\u00fc de\u011feri, do\u011fru fakt\u00f6rle \u00e7arp\u0131ld\u0131\u011f\u0131nda nakit giri\u015flerinin bug\u00fcnk\u00fc de\u011ferine e\u015fit olacakt\u0131r.<\/span><\/p>\n

Do\u011fru fakt\u00f6r, do\u011fru y\u00fczdeye ve do\u011fru y\u0131l say\u0131s\u0131na kar\u015f\u0131l\u0131k gelen fakt\u00f6r anlam\u0131na gelir. Art\u0131k d\u00f6rt parametreden \u00fc\u00e7\u00fcn\u00fcn bilindi\u011fi kritik bir form\u00fcl\u00fcm\u00fcz var.<\/span><\/p>\n

Fakt\u00f6r\u00fc cebirsel olarak \u00e7\u00f6zersek, 15.000 $\/ 6.000 $ veya 2.5 elde ederiz. \u015eimdi, 2.5 fakt\u00f6r\u00fcn\u00fc bulana kadar 4 y\u0131l boyunca sat\u0131rda Tablo 10-2’de (\u00fccret tablosu) arama yap\u0131yoruz. 4 y\u0131l i\u00e7in, y\u00fczde 20’de fakt\u00f6r\u00fcn 2.588 ve y\u00fczde 24’te fakt\u00f6r\u00fcn 2.404 oldu\u011funa dikkat edin.<\/span><\/p>\n

Bu nedenle, ger\u00e7ek yat\u0131r\u0131m getirisi y\u00fczde 20 ile y\u00fczde 24 aras\u0131ndad\u0131r. Asl\u0131nda, yakla\u015f\u0131k y\u00fczde 21’dir. Tablo 10-2’nin ancak y\u0131ll\u0131k nakit giri\u015flerinin ayn\u0131 tutarda olmas\u0131 durumunda kullan\u0131labilece\u011fini unutmay\u0131n. Y\u0131ll\u0131k nakit giri\u015fleri farkl\u0131ysa, burada a\u00e7\u0131klanan y\u00f6ntem i\u015fe yarayacakt\u0131r, ancak form\u00fcl, her bir nakit ak\u0131\u015f tutar\u0131n\u0131n o tutar i\u00e7in bug\u00fcnk\u00fc de\u011fer fakt\u00f6r\u00fc ile \u00e7arp\u0131m\u0131n\u0131 i\u00e7erece\u011finden, daha fazla deneme yan\u0131lma ve say\u0131 s\u0131kma gerekecektir.<\/span><\/p>\n

\n

Geri \u00f6deme<\/a> periyodu hesaplama<\/span>
\nGeri \u00f6deme s\u00fcresi form\u00fcl\u00fc<\/span>
\nGeri \u00f6deme s\u00fcresi y\u00f6ntemi<\/span>
\nGeri \u00f6deme s\u00fcresi hesaplama Excel<\/span>
\n\u0130skonto edilmi\u015f geri \u00f6deme s\u00fcresi form\u00fcl\u00fc<\/span>
\nGeri \u00f6deme s\u00fcresi y\u00f6ntemi \u00d6rnek sorular<\/span>
\nYat\u0131r\u0131m\u0131n geri d\u00f6n\u00fc\u015f s\u00fcresi nedir<\/span>
\nProjelerin finansal olarak de\u011ferlendirilmesine geri \u00f6deme s\u00fcresi nas\u0131l tespit<\/span><\/p>\n

\n

Geri \u00d6deme Periyodu<\/span><\/strong><\/h3>\n

Geri \u00f6deme s\u00fcresi, yat\u0131r\u0131mdan gelen nakit giri\u015flerinin yat\u0131r\u0131ma tam olarak e\u015fit olmas\u0131 i\u00e7in ge\u00e7en s\u00fcredir. Nakit ak\u0131\u015f\u0131 ba\u015faba\u015f noktas\u0131d\u0131r. Bir karl\u0131l\u0131k \u00f6l\u00e7\u00fcs\u00fc olmasa da, bir risk \u00f6l\u00e7\u00fcs\u00fcd\u00fcr. Geri \u00f6deme s\u00fcresinin dikkate al\u0131nmas\u0131, \u00f6zellikle nakit ak\u0131\u015f\u0131 s\u0131k\u0131nt\u0131s\u0131 olan \u015firketler i\u00e7in de\u011ferlidir.<\/span><\/p>\n

\u015eirket, yat\u0131r\u0131m\u0131 tamamen kapatmak istemese de, nakit pozisyonu \u00fczerinde en b\u00fcy\u00fck olumlu etkiye sahip olacak f\u0131rsatlara odaklanmas\u0131 gerekiyor. Burada incelenen f\u0131rsat i\u00e7in geri \u00f6deme s\u00fcresi a\u015fa\u011f\u0131daki gibi hesaplan\u0131r.<\/span><\/p>\n

Bu \u00f6l\u00e7\u00fc bazen \u015firketlerin bir f\u0131rsat\u0131 de\u011ferlendirmek i\u00e7in kulland\u0131\u011f\u0131 tek ara\u00e7t\u0131r. Bununla ilgili sorun, bir karl\u0131l\u0131k \u00f6l\u00e7\u00fcs\u00fc olmamas\u0131na ek olarak, geri \u00f6deme s\u00fcresi i\u00e7indeki t\u00fcm nakit ak\u0131\u015flar\u0131n\u0131, zaman de\u011ferine bak\u0131lmaks\u0131z\u0131n e\u015fit olarak ele almas\u0131 ve geri \u00f6deme s\u00fcresinden sonraki t\u00fcm nakit ak\u0131\u015flar\u0131n\u0131 g\u00f6z ard\u0131 etmesidir.<\/span><\/p>\n

Risk<\/span><\/strong><\/h3>\n

Kurumsal yat\u0131r\u0131m riskinin psikolojisi, ki\u015fisel yat\u0131r\u0131m riskinden \u00e7ok farkl\u0131d\u0131r. Biz bireyler olarak hisse senedi al\u0131m\u0131 gibi bir yat\u0131r\u0131m yapmay\u0131 d\u00fc\u015f\u00fcnd\u00fc\u011f\u00fcm\u00fczde, yat\u0131r\u0131m\u0131n riskine ili\u015fkin alg\u0131m\u0131z, yat\u0131r\u0131lan fonlar\u0131 kaybetme olas\u0131l\u0131\u011f\u0131m\u0131za odaklan\u0131r. Kurumsal bir ortamda, yat\u0131r\u0131m riski, yat\u0131r\u0131m\u0131 hakl\u0131 \u00e7\u0131karmak ve bunun i\u00e7in b\u00fct\u00e7e onay\u0131 almak i\u00e7in tahmin edilen karl\u0131l\u0131k art\u0131\u015f\u0131na ula\u015famamay\u0131 i\u00e7erir.<\/span><\/p>\n

Y\u00fczde 20’lik bir yat\u0131r\u0131m getirisi tahmin ediliyorsa ve ger\u00e7ekte elde edilen yat\u0131r\u0131m getirisi y\u00fczde 8 ise, kurumsal bir g\u00fcvenilirlik sorunu ve f\u0131rsat maliyeti sorunu vard\u0131r. Bu y\u00f6netici bir dahaki sefere para istedi\u011finde, “ba\u015far\u0131s\u0131zl\u0131\u011f\u0131” karara dahil edilecektir. Y\u00f6netici \u201crakamlar\u0131 yapmad\u0131\u201d. Daha \u00fcstteki biri, y\u00f6neticinin y\u00fczde 20’lik yat\u0131r\u0131m getirisi tahmini (ve y\u00fczde 8’i ger\u00e7ek) nedeniyle hangi yat\u0131r\u0131mlar\u0131n yap\u0131lmad\u0131\u011f\u0131n\u0131 merak edecektir.<\/span><\/p>\n

\u015eahsen, y\u00fczde 20’lik bir getiri umuduyla bir hisse senedine yat\u0131r\u0131m yapsayd\u0131k ve y\u00fczde 8’e ula\u015fsayd\u0131k, biraz hayal k\u0131r\u0131kl\u0131\u011f\u0131na u\u011frard\u0131k ama yine de \u201cpara kazand\u0131k\u201d diye g\u00f6rece tatmin olurduk. Ki\u015fisel olarak buna sahip de\u011filiz.\u00a0Bu fakt\u00f6rler g\u00f6z \u00f6n\u00fcne al\u0131nd\u0131\u011f\u0131nda, bir \u015firketin riski yat\u0131r\u0131m analizine dahil edebilece\u011fi yollar vard\u0131r. Bunlar geri \u00f6deme ve ROI hiyerar\u015fisidir.<\/span><\/p>\n

Daha \u00f6nce de belirtildi\u011fi gibi, geri \u00f6deme s\u00fcresi riskin bir yans\u0131mas\u0131d\u0131r. Nakit ak\u0131\u015f\u0131 ba\u015faba\u015f noktas\u0131na kadar ge\u00e7en s\u00fcre ne kadar uzun olursa, gelece\u011fi tahmin etmekle ilgili belirsizlik o kadar b\u00fcy\u00fck olur. \u0130malat i\u015f\u00e7ili\u011fini ve malzemelerini azaltan yeni bir makine, alt\u0131 ayl\u0131k bir geri \u00f6deme s\u00fcresine sahip olabilir. Yeni \u00fcr\u00fcnler ve yeni m\u00fc\u015fteri f\u0131rsatlar\u0131 tahminine dayal\u0131 olarak \u00fcretimi geni\u015fletmek \u00f6nemli riskler i\u00e7erir.<\/span><\/p>\n

Bu t\u00fcr bir yat\u0131r\u0131m\u0131n geri \u00f6deme s\u00fcresi \u00fc\u00e7 y\u0131l olabilir. Yat\u0131r\u0131m\u0131n harika bir \u015fekilde karl\u0131 oldu\u011fu ortaya \u00e7\u0131ksa da, bununla ili\u015fkili \u00f6nemli bir belirsizlik var. Risk, a\u015fa\u011f\u0131daki gibi yol g\u00f6sterici fakt\u00f6r olarak geri \u00f6deme s\u00fcresi ile bir ROI hedefi olu\u015fturularak ROI analizine dahil edilebilir.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Net De\u011fer Net bug\u00fcnk\u00fc de\u011fer bir dolar tutar\u0131d\u0131r. A\u015fa\u011f\u0131daki gibi hesaplan\u0131r. Pozitif bir miktar olan net bug\u00fcnk\u00fc de\u011fer (NPV), ger\u00e7ek yat\u0131r\u0131m getirisinin hedef oran\u0131, bu durumda y\u00fczde 15’i a\u015ft\u0131\u011f\u0131 anlam\u0131na gelir. Negatif olan bir NPV, ger\u00e7ek yat\u0131r\u0131m getirisinin hedefin alt\u0131nda oldu\u011fu anlam\u0131na gelir. NPV s\u0131f\u0131ra e\u015fitse, hesaplamay\u0131 yapmak i\u00e7in kullan\u0131lan ROI y\u00fczdesi ger\u00e7ek ROI’dir. Karl\u0131l\u0131k…
Devam\u0131<\/a><\/p>\n","protected":false},"author":6,"featured_media":9970,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24459,24460,24461],"tags":[24462,24463,24465,24464,24467,24466,24469,24468],"class_list":["post-10345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geri-odeme-periyodu-hesaplama","category-geri-odeme-suresi-formulu","category-geri-odeme-suresi-hesaplama-excel","tag-geri-odeme-periyodu-hesaplama","tag-geri-odeme-suresi-formulu","tag-geri-odeme-suresi-hesaplama-excel","tag-geri-odeme-suresi-yontemi","tag-geri-odeme-suresi-yontemi-ornek-sorular","tag-iskonto-edilmis-geri-odeme-suresi-formulu","tag-projelerin-finansal-olarak-degerlendirilmesine-geri-odeme-suresi-nasil-tespit","tag-yatirimin-geri-donus-suresi-nedir"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t