Scania?s discount rate - the return requirement of investments - refers to Scania?s WACC or Weighted Average cost of capital. The capital markets return requirement on equity and the credit market interest cost of borrowing is weighted to become the single discount rate, the WACC. The purpose of this study is to investigate which asset pricing model of APT and CAPM Scania should use in their WACC calculations. The company now uses a group WACC of 11 percent which is used in all company levels.

The interest in harvesting wood fuel in conflict stands has grown in recent years as a consequence of the increased demand for biofuel. Conflict stands are young forests that have not been cleaned and have a large number of stems ha-1with a great height and diameter distribution. This means that traditional field measurements in conflict stands are difficult and very time consuming. Therefore, the forestry sector is in need of new, more efficient inventory methods. In this study, the Lidar data from Lantmäteriet?s (the Swedish mapping, cadastral and land registration authorities) new national height model was used in combination with plots from the Swedish national forest inventory from 2009 to create functions for; height, volume, diameter and number of stems.

This study is about the above-average pupils? situation in schools and how teachers work to encourage and motivate these pupils' development in mathematics. The purpose of this study is to find out how a group of teachers work with above-average pupils in mathematics. The study addresses previous research on these students' school situation and how teachers should work with them. There have been unstructured interviews with a number of educators to get a personal insight into how they work with above-average pupils.

Background and problem: Since the new law took place in 1999, it has been illegal towash a car with substances that can damage the environment on a paved street or on a driveway through a garage. This has conveyed to a new industry where more and more self-service car wash facility have opened around the country. Vetlanda Vägkrog AB has since 2012 been planning to install manual self-service car wash facility at the back of their restaurant business. The authors mission was to make an analysis in order to examine whether an investment of carwashes are lucrative enough for Vetlanda Vägkrog AB.Aim: The study's main objective was to analyze the profitability of an investment in a self-service car wash facility at Vetlanda Vägkrog AB, based on given data. The authors sub-aim was to clarify which factors in general that had played the greatest part in the establishment of a self-service car wash facility.Method: The authors have used an abductive approach in order to fulfill the aim of the study.

I takt med att handeln med finansiella tillgångar ökat har också intresset för att finna tillförlitliga metoder att bedöma risken ökat. Ett mått för att mäta risken för en tillgång eller för en portfölj av tillgångar är Value-at-Risk (VaR). VaR definieras som; den med viss sannolikhet förväntade förlusten från ogynnsamma marknadsrörelser över en definierad tidsperiod. Fördelen med VaR är att riskbedömningen bryts ner till ett enda mått som är ganska lätt att förstå. Det finns flera olika sätt att beräkna VaR och det har gjorts många undersökningar för att testa vilken modell som ger bäst resultat.

The purpose of this thesis is to evaluate the combination of bibliographic coupling and three hierarchical cluster analytic techniques: average, complete and single linkage. Bibliographic coupling is applied as a measure of similarity between recently published articles and the cluster techniques are used for the partition of a set of articles into subsets of articles with similar research focus. The field of information science is applied as the test arena and the selection of data, i.e., the article population to be partitioned, is based on a number of central journals. Methods of evaluation include both quantitative approaches as well as a qualitative one. For comparing the resulting partitions, adjusted Rand index is utilized and for the establishment of cluster coherence and isolation, measures of average normalized coupling strength is applied.

Bakgrund: Aktieindex används världen över som placeringsalternativ, jämförelsemått inom portföljförvaltning och som underlag för portföljoptimering. Forskare har under senare tid ifrågasatt index viktade efter börsvärdet och alternativa viktningsmetoder för index har framtagits som substitut till det kapitalviktade indexet och prestationsjämförelser har gjorts. Studier har främst gjorts i USA och denna studie ämnar göra en liknande undersökning på den svenska marknaden. Syfte: Syftet med vår studie är att undersöka alternativa viktningsmetoder på det svenska aktieindexet OMXS30 och dess historiska prestation under åren 1995-2011 i förhållande till det traditionellt kapitalviktade OMXS30. Syftet är vidare att analysera de alternativt viktade indexen som grund för portföljoptimering enligt Single-Index Model. Genomförande: Fem alternativt viktade index konstrueras i studien där viktningen grundas på fundamentala värden, Sharpekvoter, standardavvikelse, likaviktning och handelsvolym och jämförs prestationsmässigt mot OMXS30. Indexen används sedan vid portföljoptimering enligt SIM där aktiers och portföljers karakteristika analyseras.

The Swedish bank Handelsbanken has, according to their own way of measuring, been more successful than a Weighted Average of their competitors during the last 38 years. They have also handled the recent financial crisis, as well as the one in the 1990´s, better than most other banks. This paper studies their management control system at branch level in order to identify the controls which have been enforced to ensure that a low risk level is retained in the lending. The controls that have been identified are; (1) A decentralized organization with the offices as profit centers where the manager has restrictions regarding risk level and the results are measured as K/I (cost/revenue). (2) The absence of bonuses and individual follow-up regarding performance measurement.

The purpose of this study is to investigate five teachers? opinions on the work with individualization with focus on above-average pupils. I have issued four questions based on the purpose of this study: - How do these teachers define the theoretical concepts of individualization and above-average pupils? - How do the teachers reason about the concept of individualization with focus on the above-average pupils? - How do the teachers reason regarding the work with individualization in the Swedish language? - Do these teachers consider that there are difficulties to individualize the work so that it will challenge above-average pupils?The method used to conduct this study was a semi-structured qualitative interview with five teachers in primary school. The theory and the theoretical concepts this study is based on is: what defines the above- average pupils, the zone of proximal development, the concept of individualization and motivation and the importance of cognitive and non-cognitive abilities.The study shows that the theoretical concept of above-average pupils is hard to define and it shows a difference between how the teachers choose to define it.

Syftet med denna studie var att undersöka om vistelse på hög höjd påverkar den anaeroba arbetsförmågan. Sex aktiva universitetsstudenter, fyra män och två kvinnor, deltog frivilligt i studien. Expeditionen till Nepal varade i 40 dagar och under den perioden sov och vandrade försökspersonerna mellan 1400 och 5100 meter över havet. Före och efter expeditionen genomförde försökspersonerna ett anaerobt wingatetest där peak power, average power, minimum power and power drop uppmättes. Resultatet visade en signifikant sänkning av average power efter den genomförda expeditionen på hög höjd, med ett medelvärde på 8.44 ± 0,84 w/kg före expeditionen och 7.81 ± 0,87 w/kg efter expeditionen.

Stormwater run-off from surfaces such as roads or rooftops is often polluted with heavy metals and nutrients. Many of these substances can cause great damage in biota if they end up in the recipient. In Sweden constructed wetlands and ponds for treatment of stormwater are frequently used, since research has shown that these treatment ponds are reducing stormwater pollution considerably to a low cost. The knowledge of these pollutant removal mechanisms and how follow-up and assessment of the ponds should be performed is still limited.To determine the pollutant removal efficiency of the stormwater ponds it is recommended that flow-weighted water samples are collected from both the inflow and the outflow of the pond. This method demands considerable resources of time and money for installations and analysis.

The purpose of this study is to investigate how some teachers work with above-average pupils in mathematics. I have issued three questions based on the purpose of this study:How do teachers define an above-average pupil?In what way the teachers stimulate and challenge the above-average pupils?Has the school done something special for the above-average pupils?The method used to conduct this study was a semi-structured qualitative interview with four teachers in primary school. The method consists of interviews and observations.The study shows that the teachers make an effort to give these pupils extra attention and challenging tasks. A major focus is put on problems solving and to develop the pupil's ability to be able to explain how they think and if necessary, they should be able to explain even to their fellow- pupils.

It is important for every store to have a good financial performance which can be affected by the average purchase and the number of customers in the store. Customers shopping experience can affect both of these factors and therefore it is important for retailers to know about how an in-store environment can affect this experience. The purpose of this study is to give retailers an indication of the importance of consumers' shopping experience and how this may affect the store's financial performance. To study this subject an in-store survey was conducted in four grocery stores in Stockholm where a total of 320 consumers answered a total of 41 questions about their shopping experience. By sales data it was possible to conduct a statistical analysis to see which variables regarding consumers shopping experience influenced the average purchase.

Previous work by researchers as Eugene F. Fama and Kenneth R. French, show that average return on stocks are related to a firms characteristics like size and book-to-market ratio. These kinds of patterns in average return is not explained by The Capital Asset Pricing Model (CAPM), and are therefore seen as anomalies. Fama and French have proposed a three-factor model, which captures patterns observed in U.S average returns associated with size and value.

Uppsatsen behandlar Economic Value Added som ett värderingsverktyg för företag. EVA är först och främst ett internt styrmedel och prestationsmått, framtagen av konsultfirman Stern & Stewart. Modellen har dock börjat nämnas mer och mer i värderingssammanhang. Enkelt uttryckt bygger EVA på att ge aktieägare och långivare en skälig avkastning på deras satsade kapital. Räcker inte företagets avkastning till detta ändamål har ej en acceptabel prestationsnivå uppnåtts.