Discussion Assignment | Homework Help Websites


Royal Caribbean Cruises invested $1.4 billion to build the Oasis of the Seas,  a cruise ship that carries 5,400 passengers and stands 20 stories above  the sea. The vessel is a third larger than any other cruise ship and  contains 21 pools, 24 restaurants, 13 retail shops, and 300-foot water  slides.

Don't use plagiarized sources. Get Your Assignment on
Discussion Assignment | Homework Help Websites
Just from $13/Page
Order Now

When considering investment opportunities, managers must make two  types of decisions—screening decisions and preference decisions.  Screening decisions, which come first, pertain to whether or not a  proposed investment is acceptable. Preference decisions come after  screening decisions and attempt to answer the following question: “How  do the remaining investment proposals, all of which have been screened  and provide an acceptable rate of return, rank in terms of preference?  That is, which one(s) would be best for the company to accept?”professional writing services near me

Sometimes preference decisions are called rationing decisions, or  ranking decisions. Limited investment funds must be rationed among many  competing alternatives. Hence, the alternatives must be ranked. Either  the internal rate of return method or the net present value method can  be used in making preference decisions. However, as discussed earlier,  if the two methods are in conflict, it is best to use the net present  value method, which is more reliable.  When using the internal rate of  return (IRR) method to rank competing investment projects, the  preference rule is: The higher the internal rate of return, the more desirable the project.

The net present value (NPV) of one project cannot be directly compared  to the NPV of another project unless the initial investments are equal.

After an investment project has been approved and implemented, a post-audit should be conducted. A post-audit  involves checking whether or not expected results are actually  realized. This is a key part of the capital budgeting process because it  helps keep managers honest in their investment proposals. Any tendency  to inflate the benefits or downplay the costs in a proposal should  become evident after a few post-audits have been conducted. The  post-audit also provides an opportunity to reinforce and possibly expand  successful projects and to cut losses on floundering projects.

The same capital budgeting method should be used in the post-audit as  was used in the original approval process. That is, if a project was  approved on the basis of a NPV analysis, then the same procedure should  be used in performing the post-audit. However, the data used in the  post-audit analysis should be actual observed data rather than  estimated data. This gives management an opportunity to make a  side-by-side comparison to see how well the project has succeeded. It  also helps assure that estimated data received on future proposals will  be carefully prepared because the persons submitting the data knows that  their estimates will be compared to actual results in the post-audit  process. Actual results that are far out of line with original estimates  should be carefully reviewed.


Garrison, R., Noreen, E., & Brewer, P. (2014). Managerial accounting (15th ed.). Columbus, OH: McGraw-Hill Education.

Question: You’re an operations executive chairing the Projects Committee for  Royal Caribbean Cruise Line.  You’re committee has been tasked with  conducting a post-audit of the Project: Oasis of the Sea.  The  committee is aware that the ship actual performance (financial) has  fallen short of expectations. As Chair of the Projects Committee, you’re  expected to prepare a report that outlines current status of the  investment (project), and then present a plan to improve its performance  in the foreseeable future.  You will want to gather relevant  information (financial, economic, etc.); explore and evaluate  alternatives that will bring the Oasis of the Sea into the  “black”; and document your plan, on behalf of the Projects Committee,  using sound arguments that are well supported, properly vetted, and  logically presented. It is important that management carefully consider  any potential ethical implications associated with their stated  position. If there are any potential ethical concerns associated with  your position, they should be identified and discussed in the final  recommendation.

If you prepared your response in Word, please cut and paste it  directly into the discussion board so that everyone will not need to  first download your response, then open it to read it. There is no  minimum or maximum in terms of the word count; however, the response  should explicitly address all required components of this discussion  assignment. The document should be prepared consistent with the APA  writing style (6th edition) and reflect higher level cognitive processing (analysis, synthesis, and or evaluation).

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

At Myhomeworkwriters.com, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.

Professional Academic Writers

With Myhomeworkwriters.com, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.

Affordable Prices

Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.

On-Time delivery

My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.

100% Originality

Myhomeworkwriters.com maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.

Customer Support 24/7

Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email: support@myhomeworkwriters.com.

Try it now!

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Homework Writing Services

My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.


Essay Writing Services

At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.


Admission and Business Papers

With Myhomeworkwriters.com, we will help you secure a position at your desired institution. Our essay writing services include the crafting of admissions papers. We will still help you climb your career ladder by helping you write the official papers that will help you secure a job. We will guide you on how to write an outstanding portfolio or resume.


Editing and Proofreading

Myhomeworkwriters.com has a professional editorial team that will help you organize your paper, paraphrase it, and eliminate any possible mistakes. Also, we will help you check on plagiarism to ensure that your final paper posses quality and originality.


Technical papers

My Homework Writers harbors professional academic writers from diverse academic disciplines. As such, we can develop homework writing services in all academic areas. The simplicity or complexity of the paper does not affect the quality of homework writing services.