• Title/Summary/Keyword: investment ratio

Search Result 506, Processing Time 0.024 seconds

Analysis of Current Operational Practices and Issues of Contract-Managed Foodservice Companies in Republic of Korea (위탁급식 전문업체의 운영 현황 조사 및 현안과제 분석)

  • Eom, Yeong-Ram;Ryu, Eun-Sun
    • Journal of the Korean Dietetic Association
    • /
    • v.9 no.3
    • /
    • pp.197-208
    • /
    • 2003
  • This study was surveyed to provide the information on current operational practices and issues of contract-managed foodservice companies. Questionnaires were distributed to 79 contract-managed foodservice companies (eight large-size, 48 mid-size, 23 small-size companies) from March to May in 2002. The contract-managed foodservice companies provided averages of 269,184 (range 140,036-503,500), 14,837 (range 450-75,269), and 4,065 (range 930-8,050) meals daily from large, medium, and small-size companies, respectively. The companies managed to averages of 268.2 (160-619) foodservice contracts at large-size companies, 21.9 (5-63) contracts at mid-size companies, and 4.7 (1-10) contracts at small-size companies. The average numbers of dietitians were 298.6 (range 104-671) in large-size companies, 22.2(6-86) in mid-size companies, and 3.8(1-9) in small-size companies. The averages of sales were 156.5 billion at large-size companies, 6.7 billion at mid-size companies, and 1.7 billion at small-size companies in 2001. The contract was two types including management fee contract(5%), and profit and loss contract(95%). The cost ratios for office foodservice were 59.5% at food cost, 24.2% at labor cost, 6.3% at profit, and 10.1% at other cost. For hospital foodservice, the ratios were 54.0% at the food cost, 34.6% at labor cost, 3.0% at profit, and 11.8% at other cost. For high school foodservice, the ratios were 62.2% at the food cost, 21.5% at labor cost, 5.4% at profit, and 11.2% at other cost. When the contractors managed to the foodservice, the most important matters were the sanitation management and customer satisfaction. Also, the difficult problems were excess investment of equipments and low meal prices.

  • PDF

Corporate Non-reflux Income and Firm Value : A Review of Taxable Income Resources (미환류소득과 기업가치: 과세소득 재원의 고찰)

  • Kim, Jeong-Kyo;Kim, Hye-Ri
    • Journal of Digital Convergence
    • /
    • v.15 no.11
    • /
    • pp.221-229
    • /
    • 2017
  • The purpose of this study is to find out ways to enhance corporate value by using more efficient use of non-reflux Income which is commonly considered in existing corporate income tax refund and newly introduced investment and mutual aid promotion tax. Specifically, we analyzed the effect of income tax return income and income tax return on wages and fixed - asset investments, which are commonly considered in the two tax systems, on firm value. As a result of the analysis, it was confirmed that short-term internal reserves and income reflux activities had a negative impact on firm value, and long-term internal reserves and income reflux return had positive effects on firm value. It is recommended not to formulate uniform criteria such as the ratio of income refund activity to the contents of tax, but to apply the tax refund to the internal taxation system and the taxable income source.

An Economic Estimation of Tourism Effects by Travel Cost Method -Application for Daeho Rural Tourism & Leisure Complex- (여행비용접근법(TCM)에 의한 관광효과 추정 - 대호농어촌관광휴양단지를 중심으로 -)

  • Ryoo, Young-Hee;Lim, Jae-Hwan;Koo, Seung-Mo
    • Korean Journal of Agricultural Science
    • /
    • v.31 no.2
    • /
    • pp.123-134
    • /
    • 2004
  • Since 1989, 9 major complex have been invested with government funds, for the purpose of developing agricultural tourism to increase agricultural income and job opportunity, as well as providing urban population leisure opportunity. However, systematic and comprehensive approaches were rarely done in analyzing its economic impacts. This study, therefore, focuses on analyzing tourism effect and its economic value and implication for a representative rural tourism site,"Daeho rural tourism complex". To analyze travel pattern, expenditure pattern, and degree of satisfaction from travel to Daeho complex, Travel Cost Method(TCM) was employed based on survey method. Results from linear model with statistical significance implies that tourism benefit for each visitor is 28,373 won and total annual benefit for the Daeho site is 7 billion won. Considering annual benefit stream, the present value of total benefits are 132.9 billion won and 70 billion won at 5% and 10% of discounting rate, respectively. Using the values of benefit estimated from this study and investment cost, B/C ratio, IRR, and NPV were calculated to be 1.01, 1.67 billion won, and 5.19% at 5% of discounting rate. These results could be directly compared with the previous analyses.

  • PDF

A Converging Approach on Investment Strategies, Past Financial Information, and Investors' Behavioral Bias in the Korean Stock Market (주식투자 전략, 과거 재무정보, 투자자의 행태편향에 대한 융합적 연구)

  • Koh, Seunghee
    • Journal of the Korea Convergence Society
    • /
    • v.7 no.6
    • /
    • pp.205-212
    • /
    • 2016
  • This study attempts to empirically investigate if value strategy and momentum strategy could be improved by using past financial data such as ROE and PER in the Korean stock market. The study observes that both strategies which are refined by the portfolios consisting of companies with higher ROE/PER ratio show higher positive excessive returns than the traditional value strategy and momentum strategy. The study discusses that the excessive returns could be due to investors' behavioral biases such as conservatism, anchoring, confirmation, and herding by using convergent approach based on psychology theory. The results are not consistent with the efficient market hypothesis insisting investors' rational behavior.

Road Supply and Generated Traffic (고속도로 투자로 인한 유발교통량 분석에 관한 연구)

  • Kim, Kang-Soo
    • KDI Journal of Economic Policy
    • /
    • v.28 no.2
    • /
    • pp.179-198
    • /
    • 2006
  • This paper estimates relationships between the supply of national highways, measured in lane-km, and the quantity of traffic, measured in vehicle-km traveled. The analysis uses a panel data set of annual observations for the years 1984 to 2003. By using a log-linear lag effect model designed to capture short and long term effects, the paper estimates that national highway vehicle-km traveled has a lane-km elasticity of 0.268 at the country level (Non-Seoul Metropolitan area) and 0.41 at the Seoul metropolitan area for the short term. For the long term, the paper estimates 0.8 for the country level and 1.23 for the Seoul metropolitan area. This paper finds conclusive evidence that increases in highway lane-miles have generated traffic over the period of study, however the increasing ratio of the generated traffic decreases gradually, particularly during the late 1980s.

  • PDF

Optimization of the Medium Composition for Heteropolysaccharide-7 Production by Beijerinckia indica L3 Using Response Surface Methodology (표면반응방법을 이용한 Beijerinckia indica L3에 의한 PS-7 생산 최적화)

  • Ra, Chae-Hun;Kim, Ki-Myong;Hoe, Pil-Woo;Choi, Mi-Ran;Kim, Sung-Koo
    • Journal of Life Science
    • /
    • v.18 no.2
    • /
    • pp.162-166
    • /
    • 2008
  • The production of heteropolysaccharide-7 (PS-7) by Beijerinckia indica (B. indica L3) was evaluated in shaker flask culture. The medium optimization was studied using response surface methodology (RSM). A five-level three-factor central composite design was employed to determine the maximum PS-7 yield at optimum levels for whey lactose, glucose and ammonium nitrate contents. The validity of the model could be determined by the regression coefficient, $R^2$. The values of $R^2$ were 0.72, 0.64 and 0.85 in PS-7, DCW and viscosity, respectively. The optimal medium combinations of whey lactose, glucose and ammonium nitrate concentrations on the PS-7 production were whey lactose (2%), glucose (1 %) and ammonium nitrate 5 mM, respectively. The result indicated that PS-7 production was affected significantly by the addition of glucose to whey lactose based on medium and C/N ratio.

A Study on the Health Education Need Assessment of Rural Community (농촌지역사회의 보건교육 요구도에 관한 연구)

  • 김종우;남철현;김성우
    • Korean Journal of Health Education and Promotion
    • /
    • v.18 no.2
    • /
    • pp.97-113
    • /
    • 2001
  • At the opening of a new millennium and a new century, health promotion and education services in Korea are in the early developmental stage. The National Health Promotion Act legislated in 1995 was a milestone for initiating a national and local health promotion program in Korea. And since then local governments and health centers have been developing and providing health promotion program for the community populations. The short history of health promotion and education in Korea has meant that local governments and health centers have a limited experience and organizational capacity for health promotion and education planing and practice. This study was attempted to measure health education need of rural community and to analyze the factors for health education need assessment. Surveyors interviewed 1250 subjects randomly selected. Subjects were 2.17% of men and women in Changnyung county and older then 20 years old. Data were collected from April 17, 2000 through April 27, 2000. The questionnaire consisted of general characteristics, health educational experiences, health educational method, health educational content and health educational needs for rural community residents. The questions on the health educational needs of content consist of 36 questions in 8 fields. The statistical methods used for the analysis were $X^2$-test, t-test, F-ratio and ANOVA using SPSS program. In conclusion, despite more needs to the respondents who are in the low education level and socioeconomic state, in the old age, in the low health knowledge, they required less health education. To enjoy a more healthy life after more community residents actively understand and are interested in health education and health promotion, we certainly require a designed and systemic health education. The resources of health department in Korea are limited and the investment involved in health promotion and health education is severely reduced. Particularly this situation is more severe in the rural community. To select and perform an effective health education methods that the nature and reality of the rural community are considered, well use the resources to invest in health promotion affairs as effectively as possible and then they will take the responsibility of healthy community.

  • PDF

Chaebolgroups Propping: Evidence from the Stock-Price Effects by Changing of Corporate Bond Rating (재벌기업집단의 propping 효과 -기업 신용평가등급 변경-)

  • Oh, Hyun-Tak
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.12 no.5
    • /
    • pp.2108-2114
    • /
    • 2011
  • I examine propping within chaebolgroups, using changes of bond rating events made by corporate credit evaluation institutions. Much studies related to the internal capital market and tunneling have enhanced our understanding of the important function of chaebolgroups in emerging market, but relatively little is known about propping within affiliated firms. In a common sense, propping implies capital reallocation within affiliated firms to save a financially troubled affiliate. In event study on announcement the changes of corporate bond rating, I found most positive numbers in chaebolgroup's CAR. Particularly when lower change than higher change, decrease ratio of CAR is higher positively in chaebolgroups, which relatively shows that there is more propping effects in chaebolgroups than non-chaebolgroups. In multi-regression analysis, after strengthen restriction of internal mutual investment, propping effects are decreased positively in chaebolgroups than non-chaebolgroups when credit rating adjust lower, which implies there was more propping in chaebolgroups.

Evaluation on Total Energy Consumption of Low-Energy House with Structural Insulated Panels (구조단열패널 적용 저에너지주택의 총에너지사용량 평가)

  • Lee, Hyeon-Ju;Nah, Hwan-Seon;Jo, Hye-Jin;Choi, Sung-Mo
    • Journal of the Korean Society for Advanced Composite Structures
    • /
    • v.4 no.2
    • /
    • pp.15-24
    • /
    • 2013
  • This project is mainly related to evaluation of total energy consumption of low energy house, the exterior envelope of which was wholly composed of structural insulated panels(SIP). The U-value of applied SIP was in the range of 0.189 to $0.269W/m^2{\cdot}K$ and the U-value of pair glass from 0.78 to $1.298W/m^2{\cdot}K$ was applied for window dependent to its function respectively. For comparison of total energy performance, the energy simulation for pilot house was performed to compare with the control house having insulation criteria of Korean building regulation in 2009. Based on simulation of dynamic energy performance, the pilot house saved 48.3% of annual energy consumption while the control house in 2009 consumed as 85.7GJ/y. In case of heating, the result showed that the energy saving ratio amounted to 76.7%. For $CO_2$ emission, the pilot house diminished approximately 35.4% from $6,208.4kgCO_2$ to $4,009.2kgCO_2$. In payback period to early investment, it was analyzed the pilot house took 7.8 years, when the low energy house built by other insulation method with same thermal perfusion took 11.5 years. From this result, it is considered that the SIP is more effective, economic to Green Home application.

A Study on the improvement of treatment efficiency in a conventional sewage treatment plant (기존 하수처리장에서의 처리 효율개선에 관한 연구)

  • 안철우;박진식;문추연
    • Journal of environmental and Sanitary engineering
    • /
    • v.15 no.3
    • /
    • pp.50-56
    • /
    • 2000
  • In this study, sewage were treated with operating Two-step Aeration System and conventional activated sludge process together in a condition. At the same HRT 8hr of Two-step Aeration System and Activated Sludge Process, BOD treatment efficiency of 1st sedimentation basin effluent 36.9% by Two-step Aeration system was 12.3% higher than 24.65 by Activated Sludge Process and the COD treatment efficiency 39.8% by two-step Aeration System was 11.6.3% higher than 28.2% by Activated Sludge Process. BOD and COD treatment efficiencies of 2nd sedimentation basin effluent were 88.1% and 85.6% Two-step Aeration System and were 83.8% and 82.3% Activated Sludge Process. In the first treatment, as BOD was relatively removed a lot, F/M ratio 0.17, $0.21{\cdot}BOD/kg{\cdot}MLSS.d$ was maintained by Activated Sludge Process. Therefore it was proved that organic matter treatment efficiency by Two-step Aeration System os Higher than by Activated Sludge Process in a aeration time 8hr. $NH_4^{+}-N$ treatment efficiencies were 55.5% by Two-step Aeration System and 39.75 by Activated sludge Process. $NO_3^{-}-N$ concentration in 2nd. sedimentation basin effluent were 3.33% by Two-step Aeration System and 2.36% by Activated Sludge Process. From this result, Two-step Aeration System was proved more advantageous treatment process for nitrification than Activated Sludge Process. The fluctuation range of BOD, COD and SS concentration in 2nd sedimentation basin effluent $16~33mg/{\ell}$, $15~23mg/{\ell}$ and $14~22mg/{\ell}$ by Two-step Aeration System was smaller than $16~57mg/{\ell}$, $15~25mg/{\ell}$ by Activated sludge Process. Overall the fluctuation range in 2nd sediment basin effluent by was smaller than by Activated Sludge Process. As a result, it is possible for this Two-step Aeration with no facility investment and a little of operation condition change in a conventional sewage treatment plant to get stability and nitrification of treatment water quality.

  • PDF