Corporate finance - WACC - Cash Flow - Measuring Return on Investment Assignment

Corporate finance - WACC - Cash Flow - Measuring Return on Investment - discounted cash flow techniques - Financing Decisions - - Assignment Example Accounting earnings are obtained from the income statements prepared in accordance with the applicable accounting standards and frameworks, whereas cash flows are determined as the cash inflows and outflows generated from a certain project. There are some major factors, which constitute the differences between the accounting earnings and cash flows, such as: 1. Operating and Capital Expenditures Operating expenditures are considered as those expenses, which are directly linked with the revenues such as direct material, direct labor, overheads etc. Conversely, capital expenditures are those expenditures, which are incurred by the firm in order to develop the business infrastructure, e.g. purchasing a building, land, equipment etc. Under accounting earnings, operating expenditures are included in arriving at the final net income figure. However, capital expenditures are spread over the useful lives of those assets and then systematically depreciated. Under cash flow estimations, both o perating and capital expenditures are included in order to analyze the overall viability of the project. In short, the mainstream difference between the accounting earnings and cash flows is the exclusion of capital expenditures from the accounting earnings but its inclusion in cash flows. 2. ... However, due to low taxable income, the amount of tax is reduced substantially, which is in fact cash based expenditure. Under cash flow approach, depreciation, amortization and other non-cash expenses are not included, but the tax savings due to such non-cash expenses are included which lead to better cash flows. In short, non-cash expenses in deriving accounting earnings but they are excluded in cash flow approach. However, tax benefits are included as cash inflow in cash flow based approach. 3. Accrual versus Cash conventions Accounting earnings are purely established because of the relevant accounting standards and frameworks, such as GAAP and IFRS. These standards require the firms to draft their financial statements by utilizing accrual basis of accounting. Accrual basis of accounting states that, expenditure should be recognized in the financial statements in the period in which it is incurred, not in the period in which it is paid. Similarly, revenue is recognized in the fina ncial statements in the period in which it is earned, not in the period in which it is received. On the other hand, cash flow approach works on the principle of cash inflows and outflows in the periods in which they are received and paid. Therefore, the major difference between accounting earnings and cash flows is the accrual versus cash based conventions, which lead to material differences between the amounts of returns obtained under both approaches. B. INCREMENTAL VERSUS TOTAL CASH FLOWS In order to analyze the return on investment, another important way to analyze is to look whether the whole firm is benefitted from that piece of investment or not. Obviously, a firm is benefitted from the cash

Prisoner Without a Name Book Review Essay Example for Free

Prisoner Without a Name Book Review Essay Prisoner without a Name, Cell without a number is a melancholy novel that expresses Argentina’s terrorist state. Jacob Timerman, a well respected man of Argentina, an editor of a well know Argentinian paper, La Opinion, tells the audience his story of the terrorist state of Argentina from 1967-1978. His gripping novel both describes his personal experience being kidnapped by terrorist, while he tells us about the condition of the terrorist state of Argentina. His book is important because it tells a first hand account of the fear, the distrust, and the mere insanity of conditions in the country of Argentina during its darkest time. In Timerman’s first chapter, he opens by describing how he lives (though being locked up in a cell is not living) while being locked away in an unknown location (p.g. 4). He first describes his own â€Å"cell†. He is extremely descriptive and the reader can feel as though they are in his small, narrow, cold, wet cell. He tells his audience of a little crack in the wall, his only ventilation and only source of light, in such little detail, yet the reader can understand his isolation from light, the outside world, and his family. Timerman describes the crack as a â€Å"faint glow, night and day, eliminating time† which represents his unwilling determination and hope for freedom. Timerman’s first chapter also gives the reader a sense that through all the events he has under gone, he still remains the same strong willed person (under the circumstances) he was as he is described in the rest of the book. In addition to he crack in the wall, Timerman describes an encounter with another prisoner when the eyehole of his cell accidentally left open by the guards. He describes his encounter with such passion and emotion, yet they do not say anything,, only stare at each other. Timerman describes how their movements, their eyes blinking, represented emotion and passionate communication between the two of them. For in these conditions seeing someone who is in the same situation and somehow communicating with them was extraordinary for Timerman. This encounter that he describes is an important aspect of his book, in that it represents an encounter with another person struggling through the same pain, and same tourture that he is experiencing. This can be looked at as a simile towards the conditions in the country of Argentina. After Timerman describes his torture and isolation while under imprisonment, his next chapter tells us about the chaos that has under gone in Argentina, and her government. He explains to the readers that there are two sides in this civil war between the two parties of government, and describes all of the violence that has occured as a by-product of this war. He tells us of his encounters with the hysteria before he was kidnapped, and the disarray that was upon Argentinians. Timerman uses a quote by Luis Borges that was very interesting and nsightful, claiming that â€Å"the Argentine is not a citizen but an inhabitant; that he lacks an idea of the nation where he resides , but views it as a territory†¦Ã¢â‚¬  which is an understandable view. The people of Argentina, as Timerman describes, are scared of their government and the terrorism that is upon them. Timerman describes Argentina is such a state that there is no government, and, that the government is corrupt and that there is no trust authorities. Timerman, throughout the book, tells about mothers, fathers, relatives, and friends coming to La Opinion asking to write a letter about their loved one going missing, yet he further explains in almost every instance, that he could not do anything about it because it could get him executed. Timerman, throughout the book, always described his reasoning and perspective, in that, he said he wanted to help those people that came looking for help, yet he was already pushing his luck writing articles that no other paper would dare to write. Timerman tells the read that during his position as editor at La Opinion he received many death threats and hostile remarks due to his articles in his paper being to left sided, or too right sided political view. Yet Timmerman tells the reader that his intensions where not to support either side, but to write about the truth about what was going on in Argentina. He also wanted to stop this terrorism and find a way to halt this insanity. Timermans book does an amazing job at telling two stories, his story of survival during imprisonment for multiple years, while also telling the reader about the irrationality and absurdity of Argentina’s â€Å"government†. Though the book takes place in Argentina, those who read it will understand the universal application. It could happen else where, and that is why it is an important book to read, understand and take in. Timerman, in his book, is a witness for the rest of us.

Democracy And The Development In Uganda Politics Essay

Democracy And The Development In Uganda Politics Essay The topic of Presentation, is solicited and linked by the presenter, to a variety of suggested development topics, which bear profound concern and relevance to the concept of holistic human development, based on un diluted Democratic Governance. Holistic Development in general, as duly embracing the social and economic growth, in relation to developing countries, such as Uganda, bears a significant brotherhood, as well impacting relationship to undiluted democracy, where it is taken and emphasized as an inevitable basis and root of holistic human development. The selected topic of Democracy and Development significantly connote as well imply that democracy, in an un diluted form is an inevitable basis of holistic human corporate development and that such development should be rooted in the attributes of good, accountable, transparent, as well selfless positive democratic governance of a people. It is, therefore, to be noted that the functional practice and presence of democracy, or the profound lack of it, or presence of the same, in diluted unconventional forms and content, in a developing country, such as Uganda, in the defined aspects of human corporate, political, social and even cultural endeavors, does also connote, as well imply a negative reversal of that development, whatever it may be. It is to be noted further, that holistic development denotes as well as implies the physical and spiritual growth of holistic human endeavors and efforts, in the inevitable context of good democratic corporate governance of a people. This means that human beings, duly struggle and work for holistic development, as well as ensuing growth, in both the physical and spiritual worlds, as the governance and leadership structures, the implementation of such structures, their functional lay outs, practices and operations, as well as leadership styles, are democratic and rooted in undiluted democracy for democratic institutions, of democratic orientation and setting. Note the rationalization as duly enunciated and amplified above, is quite perceivable in Uganda, as an African country, within the prescribed scenario of a developing world, (call it underdeveloped for some relative emphasis). The researcher and writer of the concept paper, is a Ugandan, working and coming from Uganda, for which the full paper of presentation, shall demonstrate and amplify, for international consumption, understanding, analysis, appraisal, evaluation, in addition to taking cognizance of the inherent concepts of diluted democracy, as impacting human holistic development, in a particular emphasis to Uganda. 2.0 THE BACKGROUND 2.1 The Recent Historical Perspective: Since 1986, Uganda (located in the East African interland), has made acclaimed substantial progress, in promoting good governance, at the political, economic, social and even cultural fronts of Uganda. The country, has been officially and widely acknowledged, as sustaining a positive economic development and growth, which, in the statistical opinion and assessment of the view perpetuators, averages 6%, over the recent one and half decades, the country having progressively, moved from mere economic recovery stage and reconstruction status, towards a substantial sustainable economic development and progressive growth, targeting a massive poverty reduction from among the grassroots population. It is being further stated that Ugandas Macro economic stability much as it is progressively and positively improving, remains a major area of the countrys grassroot focused reforms and development efforts, for the express purposes of wider resource allocation. Indeed, Ugandas fiscal and monetary restraints, as coupled with the attributes of prudent and fugal monetary management and administration, has appropriately and inevitably, supported the countrys robust economic development and systematic growth, and has, consequently, forestalled, over and above contained the hyper inflation, to a single digit level, over most of the one and half decades of the prospective periodic review. Nevertheless, according to the official statistics, the proportion of Ugandans, as defined and prescribed, as living in absolute poverty, did over the period of economic review, accordingly decline from 56% to 35%. It has been officially further highlighted that, the per capita income gains, between the years 1992 2005/6 were quite modest, allegedly because of the countrys high population growth rate at 3.4 per 1000 people. The same has remained so. It has been further stated, that significant challenges are poised, for the economic attainments, as stated and highlighted, in the acknowledgement reports of international nature for Ugandas economic and even political appraisal. These, among others, include: The setting up of sustainable fight and impactive mitigations of abject poverty, at grassroot levels. Putting up impacting measures if mitigating high level economically retrogressive corruption which is endemic in the countrys top and middle level leaders. Resolving the political and military conflict in the Northern Region of the country, which has persisted, for over two (2) decades. Addressing others, but not duly specified subterranean forces which hamper, as well as derail the countrys democratization process and positive economic development of sustainable growth, as already highlighted. All in all, Ugandas political, social and economic development, is duly linked up with improvement in democracy and democratic governance, of the country, if all things, and the political will associated thereto, and the systems and practices established for the due installation of an undiluted democratic dispensation, were not merely cosmetic and inherently, distracted by the countrys leadership. 2.2 The Instruments and Measures to Address the Development Dimension, but Rife with Diluted Democracy. This is to be properly demonstrated and amplified in the paper as follows: 2.2 (1) Diluted Democracy and Misguided Political Governance One has to note inter alia that Uganda, as an independent country and nation of colonial creation has became of diluted democracy and misguided political governance; went through a tumultuous checkered political history, since the attainment of independence and standing, as a new country in the year 1962. The country has gone full circle from assumed parliamentary form of diluted democracy, to the years of full vetted and sporadic concealed military benevolent dictatorship of quasi civilian rule, of tactic political cajoling, to the present day. The short lived burst of apparent prospective political enthusiasm; to independence, and soon after it, was soon replaced by a long, almost unremitting period of near despair and disappointment, up to 1986, when Yoweri K. Museveni, of presumed liberator NRM and an accomplished disciple of diluted democracy syndicate took over state power by force of arms. In the minds of many democratic foresighted Ugandans, this was in essence, not different from the 1966 Crisis, where the consensus ridden, and generally accepted independence constitution of the country, was violently overthrown and abrogated by similar force of arms by benevolent dictatorship of the Late Milton Obote. He did this, in his capacity as second Executive Prime Minister of the Country, after Uganda had become internally self governing in March 1961. However, the distinguishing political feature between the Museveni and NRM Military take over, of power in 1986, and the Obotes UPC take over of power, after abrogating the 1962 Constitution, was that in 1980 a Uganda grassroot peoples mandate, to govern the country, had been violently infringed and violated by a massively rigged general elections, which brought back Obote, to power, for yet another time, after his first violent overthrow from power by General Idd Amin in 1971. The inherent advocacy and justification of the Musevenis NRMs take over of Government by force of arms, was, therefore, made on the commensurate pretext, that there had been massive rigging of national elections by Obote, and his UPC party, in December, 1980, and that there had been fragrant dictatorial misrule of the country, by Obote and his party, which provided Museveni, with a blank Cheque of governance, in Uganda, after the military take over of power, in January, 1986.. It is, therefore, to be noted here, that since the year 1966, to the present day, despite the positive and inherently appreciable Museveni and NRM cosmetic democratic innovations, as well as plausible features, of due reliance to the military, rather than the established democratic institutions, to govern, has over the time, persisted in Uganda. Hence the assertion that the army, has to be represented, as an organ of state, in the Parliament of Uganda, a prerogative of civilian rule and governance, in well oriented democratic states of the world. Therefore, with diluted democracy in Uganda, at the centre stage, the country, has been characterized by civil wars; repressive governance policies, as well as statute laws of mere political expedience; a war monger governance style; a persistent refugee influx; and to big extent, a reversal and retrogression of would be attained social and economic gains, as presumably having been acquired, in the positive wake of the rather cosmetic democratic systems; which unfortunately have duly and inadvertently, persuaded committed and uncommitted political observers both locally and internationally. The negative impact of the political, social, economic and even cultural instability and overlapping political confusion, brought about as a result, is destined to leave a lot of deep scars in the general fabric of the country, for many years to come, across the countrys political and social spectrum. Nevertheless, there are, as it were, undeniable overt development, since Museveni and NRM captured state power in Uganda in year 1986. It is also to be noted that the progressively concealed military regime change in 1986 was incidentally hailed locally, most especially in the countrys central region of Buganda and even across the globe. The regime brought relative peace and security in those areas, of the country, where it was not resisted, for obvious reasons. While one part of the country, was at war with the regime, for now over 20 years, the part not at war, got the economy of Uganda, partially and somewhat rejuvenated as well as resuscitated, under the mistaken guise that the whole country was not at war. The regime, has to some debatable extent, safeguarded the conventionally accepted principles of human liberties, through selected and guided promotions of relative press freedom, allowing some form of multiparty political dispensation, while limiting the fundamental freedoms of assembly and also did selectively, put an end to the fragrant open human rights abuses, as exercising appreciable controls over the army, from being an arm of repressive tact political abuses, and to progressively make the same an apparently friendly organ of the civilian population, which was not the case before, for any of the past Government regimes of post independent Uganda. However, amidst these fairly positive attributes and apparent overt achievements, Uganda faces a momental task, as well a challenge for establishing and nursing, as well as fostering visible and feasible functioning democratic institutions, which shall be beyond the whims and outright undemocratic dictates of incumbent Executive Presidents of the country. 3.0 WHAT HAS DODGED THE CURRENT UGANDAN GOVERNMENT IN INSTITUTING DURABLE DEMOCRACY FOR DEVELOPMENT IN UGANDA This is to be the major subject of address and presentation by a fully indented paper on Democracy and Development in Uganda. 3.1 The Paper Objectives The Key Objectives for the paper therefore shall be: 3.1.1 Objective One: To outline the brief events of thwarted democracy in Uganda, which has resulted in the checkered post independence history of the country, which has bred overt and covert military dictatorships. 3.1.2 Objective Two To state and demonstrate the profound failings, as well as shortcomings of Ugandas post independence dictatorial Government regimes including the NRM, in entrenching undiluted democracy which is the root and sound sanctuary of holistic genuine corporate development of the country. Objective Three To show why despite the apparently commendable progress in putting in place a plethora of regulatory institutions, policies, a constitution and statutory laws for building and establishing a democratic state of Uganda, there is unfortunately a looming and impending political catastrophe which might reverse and retrogress all apparent economic, political and even social gains, if nothing is done to forestall the same genuinely. 3.1.4 Objective Four To illustrate a lack of genuine commitment and political patriotic will to mitigate and fight the rate of high level corruption, which duly impacts democracy and holistic development, in Uganda. 3.1.5 Objective Five To demonstrate, as well as show that Museveni and the NRM duly displayed undiluted democratic tendencies and practices from the beginning, up to the 12th year of his rule in Uganda. It is in these years, that the country did genuinely develop and built the impetus that has pushed the NRM regime, to live up to the present day, albeit the diminishing fortunes, arising out of the incessant repressiveness overtime. 4.0 CONCLUSION By the end of the paper presentation, it is hereby envisaged and anticipated that the presentation, as envisioned, by this concept note, shall lead to an international understanding, appraisal and evaluation of the democratic and developmental overtures, in Uganda, to lead to an appreciation of functions, innovations of fitting approaches and their due rationalization, in a Ugandan African context of congenial democratic development.

Passion :: essays research papers

â€Å"Florida State University, here we come!† Fort Lauderdale to Tallahassee, what a trip! On the road again†¦blah, blah, blah, blah, blah, on the road again, that damn song always in my head when we’re going on a long bus ride. I should figure out the words in between, but I’m always too lazy. Now that I think about it, I still have two cases to write if I want debate. Mr. Wakefield would kill me if he knew I’m going to a huge state tournament unprepared. I’m not worried, I’ll do it after the first stop†¦I’m tired now anyways. I’ll just take a little nap. I woke up because of all the noise†¦we’re at the first stop. It’s been four hours?! I’m still tired, so, I put my head back again. Once again, I woke up because of the noise†¦we’re at the second stop now. I slept through another four hours, I can’t believe it, and I didn’t get anything done! I’m not worried , I’ll write my cases after this stop†¦ I’m hungry anyways. So, I ate a bunch of snacks, listened to my Walkman, and went back to the bus. I’m just going to relax right now; my head hurts and my stomach is full. Here we are, Tallahassee, Florida! It’s okay, I’m not worried, once we eat dinner and settle in our hotel rooms, I’ll write my cases. So, we eat dinner, get our rooms, unpack, and now I’m way too tired to write my cases†¦ I’ll write before the tournament tomorrow. The tournament is about to start and I still don’t have any cases ready†¦it’s okay; I can write it before my rounds. I look over to the side and see someone posting the rounds up. All right, rounds are going to start in fifteen minutes and I don’t have my cases ready – okay, now it is time to panic! Well, I always said I work better under pressure†¦obviously, a lot of pressure. I sit down and I’m writing as fast as I possibly can. Wow, so many ideas†¦my hand can’t keep up! I can smell the smoke coming from the pencil grinding on my notepad. I can hear myself rooting for myself†¦go, go, go, go, Usilia you’re awesome! Okay, it’s time to go to my round, so I plot my butt down next to the door and continue writing. When my opponent gets there, I tilt my notepad so he doesn’t see what I’m writing.

Running with Scissors

Jenessa OrpillaSummer Assignment AP PsychologyMovies and Mental Disorders Running with Scissors is a film adaption of a memoir written by Augusten Burroughs. It takes place in the 1970s where young Augusten lives with a dysfunctional family; an alcoholic father and a delusional poet. After his parents’ divorce, his mother, Deidre Burroughs goes to see a psychiatrist named Dr. Finch. Incapable of raising Augusten, Deidre gives custody of her son to Dr. Finch, where he deals with an even more dysfunctional family. Deidre Burroughs is a poet who believes that she is meant to become a famous writer/poet.She enters many of her poems to several magazines and newsletters, only to be rejected each time. Each rejection letter she receives, she still believes that she is a talented writer. Nearing the end of her marriage with Norman Burroughs, she believed that he was going to kill her and her son. Dr. Finch was the one who recommended them to divorce and gave Deidre her first medicatio ns. This was the beginning of her drug abuse. Later on in the movie, she would mix pills together. He also advised her to give him custody of Augusten so that she could focus on her writing career.She got into several relationships with other women including a local minister’s wife and a patient from Dr. Finch. According to the DSM-IV-TR, Deidre is diagnosed with Narcissistic Personality Disorder. A person with Narcissistic Personality Disorder is described as a person who â€Å"demands and expects to be admired and praised by others and is limited in their capacity to appreciate others' perspectives. † (DSM-TR-IV, 1995-2012) One of the signs of NPR is one that â€Å"has a grandiose sense of self-importance. † (Zimbardo ; Gerrig, 1999, pg. 662) Two years after her divorce with her husband, she sees him at a restaurant with his new fiancee.She was very proud of the fact that her poem was published in little-known magazine and that her ‘hobby’ was qui te lucrative, even though that was her second published writing. Another sign is that one â€Å"is preoccupied with fantasies of unlimited success, power, brilliance, beauty, or ideal love. † Deirdre often dreams and has delusions about her on a big stage, receiving awards for her works throughout the film. She also holds many poetry workshops where she helps people form their ‘creative conscious. ’ This workshop is an excuse for the admiration of other people, which is another sign of NPR.After her relationship with the local minister’s wife, Dr. Finch introduces her to one of his patients and says that she needs someone who worships her and is willing to feed her talent. The moment that relationship ended, she was quick to accept Augusten back into her arms, but she has a manic episode where the police had to stabilize her. Probably one of the reasons of her divorce was due to the fact that her husband did not really care about her writing hobby. One mor e example of a person with NPR is that he/she â€Å"lacks empathy: is unwilling to recognize or identify with the feelings and needs of others. (DSM-TR-IV, 1995-2012) From the beginning of the film, she has shown that characteristic. For example, when she gave away Augusten to Dr. Finch, she didn’t even tell him about the adoption papers until much later. She never considered his feelings and only thought about herself. The only time she truly cared for him was when she needed him. It is unknown what could have contributed to Deirdre’s development of Narcissistic Personality Disorder. However, it is known that â€Å"Narcissistic personality disorder might develop as the result of neglect or abuse and trauma inflicted by parents or other authority figures during childhood.The disorder usually is evident by early adulthood. † (Cleveland Clinic, 2011) It was briefly mentioned in the film that Deirdre was ‘oppressed’ by her family and her husband. Othe r than that, the amount of rejection letters and Dr. Finch led her into a worse state. Dr. Finch basically was the cause of her to be estranged from everyone, including her own son. By prescribing her mysterious medications, she always seemed to be delirious and depressed. When she started to mix pills, that’s where she would go into manic states. It’s no wonder why Dr.Finch got his medical practice license stripped off of him. References BehaveNet Inc. (1995). Narcissistic Personality Disorder. Retrieved 2012, from     Ã‚  Ã‚  Ã‚  Ã‚  http://behavenet. com/narcissistic-personality-disorder   Cleveland Clinic. (1995). Diseases and Conditions. Retrieved 2011, from     Ã‚  Ã‚  Ã‚  Ã‚  http://my. clevelandclinic. org/disorders/personality_disorders/     Ã‚  Ã‚  Ã‚  Ã‚  hic_narcissistic_personality_disorder. aspx Zimbardo, P. G. , ; Gerrig, R. J. (1999). Psychological Disorders. In P. G. Zimbardo ; R. J. Gerrig (Authors),  Psychology and Life  (15th ed. , pp. 664-665). Longman.

Where to Find IB Chemistry Past Papers - Free and Official

Where to Find IB Chemistry Past Papers - Free and Official SAT / ACT Prep Online Guides and Tips Taking the IB Chemistry exam will be a nerve-wracking experience, but having seen a real IB past paper before taking the actual test will be a huge advantage since you'll have experience with the test format, the length, and style of the test. In this article, I will show you where to find IB Chemistry past papers, both free and paid. I'll also share tips on how to study most effectively using these IB Chemistry past papers. Where to Find Free Tests The IB has been diligent about seeking out and destroying illegally uploaded official papers for the past few years, so a lot of sources that used to be out there are no longer readily available. Currently, the only free official IB Chemistry test legally available is this Chemistry HL paper 3. I have not been able to find any unofficial IB Chemistry past papers (ones created from scratch). If you find any, I strongly advise AGAINST using them, as they may be nothing like the actual IB Chemistry papers. Where to Find Paid Tests The IBO store sells IB Chemistry SL and HL past papers from May 2015 to November 2018. Navigate to the Diploma Program page, then click "Shop Exam Papers" to see all available papers, which can be narrowed by category and time frame. This is the only safe place to get IB Chemistry past papers to download. Each paper and each mark scheme costs $3.00. Buying all of the past papers and mark schemes can be costly, so if you are looking to spend as little as possible, I recommend just purchasing the most recent (November and May 2018) past papers as they will be closest to what you learned. 3 Tips for Using IB Chemistry Past Papers Productively Since each practice IB Chemistry exam will take you 3 hours for SL or 4.5 hours for HL, it's imperative that you get the most out of each test. Here are a few helpful practices to keep in mind when you're taking these papers: #1: Complete papers 1 and 2 in one sitting. The IB Chemistry SL and IB Chemistry HL papers are intense, forcing you to sit and concentrate for two hours for SL and 3 hours and 15 minutes for HL. You need to build up your mental strength so you don't make careless errors by the end of paper 2. By taking the practice tests in one session, you build up your mental strength in preparation for the real test. If you don't have time for a 2 hour or 3 hour 15 minute session, then you can take each paper on separate days. However, you need to obey the next rule: #2: Stick to the exact timing on each part of the exam. It is VERY IMPORTANT that you get used to the stressful timing of this test: IB Chemistry SL: IB Chemistry SL Paper 1- 45 minutes IB Chemistry SL Paper 2- 1 hour 15 minutes IB Chemistry SL Paper 3- 1 hour IB Chemistry HL: IB Chemistry HL Paper 1- 1 hour IB Chemistry HL Paper 2- 2 hours 15 minutes IB Chemistry HL Paper 3- 1 hour 15 minutes In this allotted time, you need to finish: IB Chemistry SL: Paper 1: 30 multiple-choice questions Paper 2: two parts, Section A: answer all of four short responses and Section B: pick one essay question (you choose between three options) Paper 3: Answer all of the questions for your two options: six short response questions that each can have between 2-5 parts IB Chemistry HL: Paper 1: 40 multiple-choice questions Paper 2: two parts, Section A: answer all of four short response questions that each can have between 3-10 parts and Section B: pick two essay questions (you choose between four options) Paper 3: Answer all of the questions for your two options: seven or more short response and essay questions (varies based on the options that you covered in your class) Do not practice with extra time- if you give yourself extra time, you can complete more questions and increase your score. We want to use these practice tests as realistic predictors of your exam score. #3: Check your answers. After you complete a practice exam, you need to review every error you made. Do not skip this step. If you do, you will not learn from your errors, and you will make the same ones on the IB Chemistry test. So make sure to spend at least 1.5 hours reviewing every full practice tests. This may seem like a lot of time, but emphasize quality of learning over quantity of learning. I'd rather see you take two tests with meticulous review than five tests with no review. What’s Next? Need help reviewing some chemistry concepts? Read up on how to balance chemical equations here. Learn more about IB Chemistry: The Complete IB Chemistry Syllabus: SL and HL The Best IB Chemistry Study Guide and Notes for SL/HL The Best IB Chemistry Books, Reviewed Looking for ways to apply your chemistry knowledge to your everyday life? Get three different recipes for making your own slime and learn how to (safely) use muriatic acid to clean household items. Want to improve your SAT score by 160 points or your ACT score by 4 points? We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now: