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Method Application Of Discounted Cash Flow In An Evaluation Of An Entity Of Furniture Industry In Romania


  • Neculina CHEBAC

    () (Danubius University, Galaþi, Romania)

  • Cristina Mihaela ONICA

    () (Dunarea de Jos University, Galaþi, Romania Abstract:)


Production of furniture is the most complex activity in the wood industry in Romania, is also recognized as the best performing form of exploitation of the wood in terms of value added to the size of a cubic meter of raw wood. Requirements imposed on the furniture products in terms of accuracy and finish processing have led in recent years had a profound restructuring of the management of furniture factories, supported by a remarkable progress of the whole system of machinery involved in manufacturing technologies. In order to ensure opportunities for internal and external markets through a harmonious development, furniture industry in Romania, to take account of priority trends are manifested in European and world economy in the use and recovery of wood as a primary resource materials premium, being a renewable resource. Here are some reasons why we chose to analyze and evaluate it by the method mentioned in the title, an entity in the furniture industry in Romania, evaluated from the perspective of getting the cash flow in a forecast horizon of its activity.

Suggested Citation

  • Neculina CHEBAC & Cristina Mihaela ONICA, 2008. "Method Application Of Discounted Cash Flow In An Evaluation Of An Entity Of Furniture Industry In Romania," EuroEconomica, Danubius University of Galati, issue 2(21), pages 90-101, December.
  • Handle: RePEc:dug:journl:y:2008:i:2:p:90-101:dug:journl:y:2008:i:2:p:90-101

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    References listed on IDEAS

    1. Lian An & Jian Wang, 2012. "Exchange Rate Pass-Through: Evidence Based on Vector Autoregression with Sign Restrictions," Open Economies Review, Springer, vol. 23(2), pages 359-380, April.
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    3. Taylor, John B., 2000. "Low inflation, pass-through, and the pricing power of firms," European Economic Review, Elsevier, vol. 44(7), pages 1389-1408, June.
    4. Anderton, Robert, 2003. "Extra-euro area manufacturing import prices and exchange rate pass-through," Working Paper Series 219, European Central Bank.
    5. Giovanni P. Olivei, 2002. "Exchange rates and the prices of manufacturing products imported into the United States," New England Economic Review, Federal Reserve Bank of Boston, issue Q 1, pages 3-18.
    6. Steve Ambler & Ali Dib & Nooman Rebei, 2003. "Nominal Rigidities and Exchange Rate Pass-Through in a Structural Model of a Small Open Economy," Staff Working Papers 03-29, Bank of Canada.
    7. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
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