discounted net benefit-cost ratio

简明释义

折现净效益成本比率

英英释义

例句

1.We need to calculate the discounted net benefit-cost ratio 折现净收益成本比 to determine if the infrastructure project is viable.

我们需要计算折现净收益成本比以确定基础设施项目是否可行。

2.Investors often look for a positive discounted net benefit-cost ratio 折现净收益成本比 before committing to a new venture.

投资者在承诺新项目之前，通常会寻找一个正的折现净收益成本比。

3.The project was approved because its discounted net benefit-cost ratio 折现净收益成本比 exceeded the threshold set by the funding agency.

该项目获得批准，因为其折现净收益成本比超过了资助机构设定的阈值。

4.In our analysis, the discounted net benefit-cost ratio 折现净收益成本比 indicated that the benefits significantly outweighed the costs.

在我们的分析中，折现净收益成本比表明收益显著超过成本。

5.A higher discounted net benefit-cost ratio 折现净收益成本比 suggests a more favorable investment opportunity.

更高的折现净收益成本比表明更有利的投资机会。

作文

In the realm of project evaluation and economic analysis, the concept of discounted net benefit-cost ratio plays a crucial role. This financial metric is essential for determining the viability and efficiency of investments, especially in public projects. By analyzing the discounted net benefit-cost ratio, stakeholders can make informed decisions that maximize benefits while minimizing costs.To understand the discounted net benefit-cost ratio, we first need to break down its components. The 'benefit' refers to the positive outcomes or advantages derived from a project, such as increased revenue, improved public welfare, or environmental benefits. Conversely, 'cost' encompasses the expenses incurred during the project's implementation, including initial investments, operational costs, and maintenance expenses. The net benefit is simply the difference between total benefits and total costs.However, when evaluating projects that span multiple years, it is important to account for the time value of money. This is where the term 'discounted' comes into play. The principle of the time value of money suggests that a dollar today is worth more than a dollar in the future due to its potential earning capacity. Therefore, future benefits and costs must be discounted back to their present value to provide an accurate assessment of a project's worth.The calculation of the discounted net benefit-cost ratio involves taking the present value of all expected benefits and subtracting the present value of all expected costs. The resulting figure is then divided by the present value of costs. A ratio greater than one indicates that the benefits outweigh the costs, suggesting that the project is worthwhile. Conversely, a ratio less than one implies that the costs exceed the benefits, signaling that the project may not be a sound investment.For example, consider a government initiative aimed at constructing a new highway. The anticipated benefits might include reduced travel time, lower vehicle operating costs, and increased economic activity in the surrounding areas. On the other hand, the costs would include construction expenses, land acquisition, and potential environmental impacts. By calculating the discounted net benefit-cost ratio, decision-makers can evaluate whether the long-term benefits justify the initial investment.Moreover, the discounted net benefit-cost ratio is not only applicable to public projects but can also extend to private sector investments. Businesses can utilize this metric to assess the profitability of new ventures, product launches, or expansions. By comparing the discounted net benefit-cost ratio across various projects, companies can prioritize those that offer the greatest return on investment.In conclusion, the discounted net benefit-cost ratio is a vital tool in the arsenal of economists, project managers, and investors alike. It provides a structured approach to evaluating the financial feasibility of projects, ensuring that resources are allocated effectively. As we continue to face complex challenges in infrastructure development and resource management, understanding and applying the discounted net benefit-cost ratio will be essential for making sound economic decisions that benefit society as a whole.

在项目评估和经济分析领域，折现净收益成本比率的概念发挥着至关重要的作用。这个财务指标对于确定投资的可行性和效率尤为重要，尤其是在公共项目中。通过分析折现净收益成本比率，利益相关者可以做出明智的决策，最大化收益，同时最小化成本。要理解折现净收益成本比率，我们首先需要拆解其组成部分。“收益”是指从项目中获得的积极结果或优势，例如收入增加、公共福利改善或环境效益。相反，“成本”包括在项目实施过程中产生的费用，包括初始投资、运营成本和维护费用。净收益就是总收益与总成本之间的差额。然而，在评估跨越多个年份的项目时，考虑货币的时间价值是非常重要的。这就是“折现”一词的由来。货币时间价值原则表明，今天的一美元比未来的一美元更有价值，因为它具有潜在的盈利能力。因此，必须将未来的收益和成本折现回其现值，以提供对项目价值的准确评估。折现净收益成本比率的计算涉及将所有预期收益的现值相加，然后减去所有预期成本的现值。得到的数字然后除以成本的现值。大于1的比率表明收益超过了成本，暗示该项目是值得的。相反，小于1的比率则意味着成本超过了收益，表明该项目可能不是一个合理的投资。例如，考虑一个政府倡议，旨在修建一条新的高速公路。预期的收益可能包括减少旅行时间、降低车辆运营成本以及周边地区经济活动的增加。另一方面，成本将包括建设费用、土地收购和潜在的环境影响。通过计算折现净收益成本比率，决策者可以评估长期收益是否足以证明初始投资的合理性。此外，折现净收益成本比率不仅适用于公共项目，还可以扩展到私营部门投资。企业可以利用这个指标来评估新项目、产品发布或扩张的盈利能力。通过比较各个项目的折现净收益成本比率，公司可以优先考虑那些提供最大投资回报的项目。总之，折现净收益成本比率是经济学家、项目经理和投资者的重要工具。它提供了一种结构化的方法来评估项目的财务可行性，确保资源得到有效分配。随着我们继续面临基础设施发展和资源管理方面的复杂挑战，理解和应用折现净收益成本比率将对做出有利于整个社会的良好经济决策至关重要。