However the assumptions used in the appraisal ( especially the equity discount rate and the projection of the cash flows to be achieved ) are likely to be at least as important as the precise model used.

However, in many companies, management has reached the conclusion that optimizing the product flows cannot be accomplished without implementing a process approach to the business.

However, potential flows also have been used to describe compressible flows.

However the river flows through much of Shepton Mallet itself in underground culverts.

However, the Petaluma River which flows into San Pablo Bay, is navigable up to the city of Petaluma.

However, the Milwaukee River flows just east of the village.

However, the feature with which he is forever associated is the lake, a huge stretch of water created by damming the River Glyme and ornamented by a series of cascades where the river flows in and out.

However, by October 2008 it was evident that the return of environmental flows to the Snowy River in 2009 would be no more than 4 % of natural flow with governments arguing the Snowy River needs to " pay back " the " Mowamba Borrowings ".

However, this gives poor gas flows within the cylinder head as well as heat problems and fell out of favor for automobile use, see flathead engine.

However, thermocapillary flows on Earth are very difficult to study because they are often masked by much stronger buoyancy-driven flows.

However, the analysis of compressible flows in the transonic regime has led to some developments which help reduce the increases in drag caused by compressibility effects, including the use of swept wings and the Whitcomb area rule.

However, the hazard of using butterfly needles lies in the fact that as the blood flows through the rubber tubing, it cools significantly, thereby clotting faster.

However, there are several spots where the river narrows to less than half a kilometre ( 0. 3 mi ) and flows quickly, such as at the Sans Sault Rapids at the confluence of the Mountain River and " The Ramparts ", a deep canyon south of Fort Good Hope.

However, Piedra Volada flows only during the rainy season, while Basaseachic flows year-round.

However, as mentioned, there are periods of time in which cash flow can be negative ( more cash flows out than in ).

However, when metal flows over a sharp corner in the die, like the edges of a mintmark or words, it tends to roll the detail out.

" However it should be noted that such normative comments notwithstanding, these types of flows and any destructive results are rooted in and properly attributed to the extra market activities of central bank market manipulations that in fact cause such persistent conditions of disequilibrium and insulates them against free market forces that otherwise would quickly eliminate the incentive for such flows.

However, instead of WACC, cash flows would be discounted at the unlevered cost of equity, and tax shields at either the cost of debt ( Myers ) or following later academics also with the unlevered cost of equity.

However, Perutz found a problem: ice slowly flows, in what is known as plastic flow, and his tests showed that a Pykrete ship would slowly sag unless it was cooled to.

However, the brook Gladbeck flows under the ground nowadays.

However, his subject matter and basic themes have remained surprisingly consistent, and these, together with certain key poetic images, may be traced through all his work, including the new jazz experiments.

However, the East Providence Rescue Squad made its way through to my home in time of desperation.

However, the surface temperature gradient can produce erroneous vapor-pressure measurements for the bulk liquid helium unless precautions are taken to isolate the tube ( which passes through the surface to the vapor pressure bulb ) from the liquid helium surface.

However, the latter figures only represent cash remittances processed through Armenian commercial banks.

However, the rail link between Abkhazia and Georgia proper has been closed for a number of years, forcing Armenia to receive rail cars laden with cargo only through the relatively expensive rail-ferry services operating between Georgian and other Black Sea ports.

However, at the base of this crack is a round void called an ampulla which would have functioned to distribute force over a larger surface area, hindering the ability of the " crack " formed by the serration to propagate through the tooth.

However, it does seem clear that his first notable work, Summa Quoniam Homines, was completed somewhere between 1155 and 1165, with the most conclusive date being 1160, and likely was developed through his lectures at the school in Paris.

However, for unknown reasons, the suggestion was not made through the formal process, so nothing came from this original request.

However, the hijacker-pilot of Flight 11 and the ringleader of the terrorist cell, Mohamed Atta, mistakenly transmitted announcements to ATC, meaning to go through the Boeing 767.

However, Quigley's role ended in 1988 when it became public through the memoirs of former chief of staff, Donald Regan.

However, his time at home in Vienna would be quickly brought to a close when an opportunity to write an opera for Paris arose, again through the patronage of Gluck Salieri traveled abroad to fulfill an important commission.

However, there are cases in which the eyes of an albinistic person appear red or purple, depending on the amount of pigment present, due to the red of retina being visible through the iris.

However, in drafting opinions, the Chief Justice enjoys additional influence in case disposition if in the majority through his power to assign who writes the opinion.

However, autonomous buildings also usually include some degree of sustainability through the use of renewable energy and other renewable resources, producing no more greenhouse gases than they consume, and other measures.

However travel through very remote areas, on isolated tracks, requires planning and a suitable, reliable vehicle ( usually a four-wheel drive ).

However, some of the more successful American League teams of recent memory, including the 2002 Anaheim Angels, the 2001 Seattle Mariners and the 2005 Chicago White Sox have experienced their success in part as a result of playing " small ball ," advancing runners through means such as the stolen base and the related hit and run play.

However, she is unable to harm Beowulf through his armour and drags him to the bottom of the lake.

However, prior to 1950 the strip went through a number of significantly different formats.

However, on 14 May, with considerable skill Marshal Tallard managed to bring 10, 000 reinforcements and vast supplies and munitions through the difficult terrain, whilst outmanoeuvring Baron Thüngen, the Imperial general who sought to block his path.

However, Pascal continued to make improvements to his design through the next decade and built twenty machines in total.

However, firsthand accounts testify that the Japanese infected civilians through the distribution of plagued foodstuffs and newer estimates suggest over 580, 000 victims, largely due to plague and cholera outbreaks.

However, God tells Judah ( through Isaiah ) that the covenant cannot protect them when they have broken it by the worship of other gods and by acts of injustice and cruelty, which oppose God's law.

However, two large Confederate corps assaulted them from the northwest and north, collapsing the hastily developed Union lines, sending the defenders retreating through the streets of town to the hills just to the south.

However, there are some exceptions: many of the stars in the constellation of Ursa Major ( including most of the Big Dipper ) are genuinely close to one another, travel through the galaxy with similar velocities, and are likely to have formed together as part of a cluster that is slowly dispersing.

However, the law of mass action is valid only for concerted one-step reactions that proceed through a single transition state and is not valid in general because rate equations do not, in general, follow the stoichiometry of the reaction as Guldberg and Waage had proposed ( see, for example, nucleophilic aliphatic substitution by S < sub > N </ sub > 1 or reaction of hydrogen and bromine to form hydrogen bromide ).