Business
In the Business section, you can find material dedicated to all things business. This section collects data on the activities of the various companies operating in markets all over the world.
17,334 Essays on Business. Documents 5,851 - 5,880
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Financial Statement
M 5.3 A. Forward P/E= price per share/forecast of next year’s EPS=$63.2/$4.54=13.92 BPS=$5,224/420.9=$12.41 P/B=$63.2/$12.41=5.09 B. Value=12.41+3.423/1.09+3.643/1.188+(3.643*1.04)/(1.188*(1.09-1.04))= $82.40 (See Excel Attachment for detail of calculations) C. Value=Book value of 2009+continuing value= $17.06+75.78=$92.84 D. Re=0.05+0.6*0.05=8% When required rate of return is 8%, value=12.41+3.547/1.08+3.789/1.166+(3.789*1.04)/(1.166*(1.08-1.04))=$103.45 When required rate of return is 10%, value=12.41+3.299/1.1+3.497/1.21+(3.497*1.04)/(1.21*(1.1-1.04))=$68.39 E. 1. Price = $63.2, BPS = $12.41, Residual Earning = Actual earnings – Expected Earnings Based on previous calculation: RE for 2008 = $4.54
Rating:Essay Length: 306 Words / 2 PagesSubmitted: February 21, 2015 -
Financial Statement Analysis
FINANCIAL STATEMENT ANALYSIS In order to get a comprehensive analysis on SIA’s financial statement analysis , we compared SIA’s 5 financial year ending(FYE) results with the industry’s average and 2 of its main competitors Cathay Pacific Airways and Qantas Airways . Cathay has been trailing closely to SIA in terms of first class cabin service and profitability for years. Qantas has long been dominating the highly profitable Kangaroo route and is ranked 5th in the
Rating:Essay Length: 859 Words / 4 PagesSubmitted: April 30, 2010 -
Financial Statement Analysis of Sail and Tata Steel
A project on FINANCIAL STATEMENT ANALYSIS OF SAIL AND TATA STEEL Submitted to Seshadev Sahoo By Group 10 (Section: B) Suyash Sengar PGP 31354 Deepak Kumar PGP 31316 Chandan Kumar PGP 31314 Amritansh Bharech PGP 31308 Arpit Ruia PGP31311 Group Project Submission Financial Statement Analysis Term IV, 2016 iiml INDIAN INSTITUTE OF MANAGEMENT, LUCKNOW ________________ Table of Contents 1. INTRODUCTION 3 2. ABOUT THE COMPANY 3 3. SEGMENT REPORTING 3 4. REFORMULATED BALANCE SHEET &
Rating:Essay Length: 5,313 Words / 22 PagesSubmitted: July 22, 2017 -
Financial Statement Anaylsis
Financial Statement Analysis Project Summer 2015 – AF 610 Chang Liu, Christy Tepelena, and Ian Houts 6/29/2015 ________________ 1. Company Background Boston Beer works and Craft Beer Alliance company backgrounds. 1. Financial Statement Analysis 1. Common-size income statements for Boston Beer Company (attachment 1) and Craft Beer Alliance (attachment 2) are presented following the written portion of this project. 2. Profitability Ratios: The Boston Beer Company, Inc. Craft Beer Alliance, Inc. 2014 2013 2014 2013
Rating:Essay Length: 1,283 Words / 6 PagesSubmitted: September 22, 2015 -
Financial Statement Overview
1.0 Background – About Ford Motor Company The Ford Motor Company was established by Henry Ford and incorporated in 1903 in the city of Detroit. Ford revoluntised the manufacturing process in the United States with the introduction of the Assembly Line to the United States and spearheaded many of the features we now take for granted in automobiles. (Ford.com, 2015) From its modest beginnings with just a few cars manufactured daily, the Company is now
Rating:Essay Length: 2,510 Words / 11 PagesSubmitted: May 10, 2015 -
Financial Statements
Sears, a 121 year old company, was founded in 1886 by Richard W. Sears. Richard was a railway worker whose knowledge came from reading business literature while working at the railway. His big break came when a shipment of watches came for a jewelry store that refused the watches. He took this opportunity, bought the watches from the wholesaler, and started to turn a profit. Thus the beginning of Richards’s new company, based in Minneapolis,
Rating:Essay Length: 2,857 Words / 12 PagesSubmitted: December 18, 2009 -
Financial Statements
In order to boost the sales for Atlantis Company Andy has come up with a plan to improve his ratios for the year. This plan involves extending the credit terms for a period of two months instead of the usual one month. This in turn should help generate the sales that Andy needs to boost his revenue so that he will be able to expand his business. Andy is not the only business to use
Rating:Essay Length: 343 Words / 2 PagesSubmitted: January 29, 2010 -
Financial Statements
Financial Statements and Reports Financial management, budgeting, forecasting and reporting presents a formidable challenge to most small business owners. Financial management is often seen as burdensome and time consuming but never the less cannot be neglected. Businesses that are able to grasp the importance of accurate financial management are rewarded with more accurate budgeting, forecasting and timely decision-making. A disciplined financial management culture will deliver a true competitive advantage. (Adaptive Planning, 2005) Understanding the many
Rating:Essay Length: 778 Words / 4 PagesSubmitted: February 5, 2010 -
Financial Statements
Financial reporting is a requirement of the U.S. Securities and Exchange Commission. The Financial Accounting Standards Board establishes the standards for financial reporting. Financial reporting is done via financial statements. This paper is intended to give the reader an understanding of the audience, purpose and nature of financial statements as well as an understanding of the use of financial accounting information in making informed and ethical business decisions. After reading this paper, the reader
Rating:Essay Length: 894 Words / 4 PagesSubmitted: March 1, 2010 -
Financial Statements
Financial Statements The world of accounting can often times confuse many people as they attempt to decipher information contained within an organizations financial reports. The federal government has established guidelines for all organizations to operate under in an attempt to standardize reporting procedures and ensure standardization across all genres of business. The following paper will provide background information of several widely used accounting terms . Clarification of Terms General Accepted Accounting Principles (GAAP) are a
Rating:Essay Length: 1,676 Words / 7 PagesSubmitted: May 17, 2011 -
Financial Statements and Managerial Reports
Financial Statements and Managerial Reports Financial statements and managerial reports are important tools that are used to keep the firms’ investors informed of financial decisions made by the organization. The key tools used include three major components. Theses components are the income statement, the balance sheet, and the statement of cash flow. This report will explain the purpose of each report and identify the components of each. The first tool that I would like to
Rating:Essay Length: 1,026 Words / 5 PagesSubmitted: April 27, 2010 -
Financial Statements for Metcash Ltd (mts)
FINANCIAL STATEMENTS FOR METCASH LTD (MTS) Although debt as a percent of total capital increased at Metcash Ltd. over the last fiscal year to 35.47%, it is still in-line with the Food and Staples Retailing industry's norm. Additionally, even though there are not enough liquid assets to satisfy current obligations, Operating Profits are more than adequate to service the debt. Cash Collection is among the best in the industry and appears to be getting even
Rating:Essay Length: 421 Words / 2 PagesSubmitted: May 12, 2011 -
Financial Statements Paper
Abstract In this paper I will identify the four basic financial statements, discuss how they are interrelated with each other, and why they are useful to managers, investors, creditors, and employees. BALANCE SHEET A balance sheet provides detailed information about a company’s assets, liabilities and shareholders’ equity. Assets are things that a company owns that have value. This usually means they can either be sold or used by the company to make products or provide
Rating:Essay Length: 783 Words / 4 PagesSubmitted: May 6, 2010 -
Financial Statemetns
1. The income statement or “statement of financial performance” presents a summary of an entity’s income and expenses for a specific period of time. The issue is a net profit (total income > total expense) or a net loss (total income < total expense). 2. The statement of changes in equity shows the changes in owner’s equity during a specific time period. Increases in owners’ equity = owner investments and net profit and decreases in
Rating:Essay Length: 330 Words / 2 PagesSubmitted: June 3, 2010 -
Financial Supplies
Overview On 19th December 2001, the Australian Taxation Office released GSTR 2001/D9 . This draft ruling represents an attempt to clarify the interpretation of the Goods and Services Tax (“GST”) legislation dealing with the treatment of financial supplies, which is found in Division 40 of A New Tax System (Goods & Services Tax) Act 1999 (“GSTA99”). While financial supplies are given input-taxed status under the Australian GST regime, in certain cases the supply of such
Rating:Essay Length: 2,948 Words / 12 PagesSubmitted: November 24, 2009 -
Financial Systems offshore Outsourcing Project Plan for Riordan Manufacturing, Inc.
Financial Systems Offshore Outsourcing Project Plan for Riordan Manufacturing, Inc. Financial Systems Offshore Outsourcing Project Plan for Riordan Manufacturing, Inc. Table of Contents Executive Summary 3 Project Objective 4 Mission Justification 4 Project Description and Task Management 5 Resource Requirements 6 Project Communication Plan 6 Change Management Plan 7 Risk Management 8 Project Measurement 10 Best Practices 11 Project Closure Process 12 Project Audit Process 13 Project Summary 13 References 15 Financial Systems Offshore
Rating:Essay Length: 3,173 Words / 13 PagesSubmitted: November 8, 2009 -
Financial Tables Analysis of Zara Investment Company
FINANCIAL TABLES ANALYSIS OF ZARA INVESTMENT COMPANY Horizontal Vertical Balance Sheet Dec.31,2009 Dec.31,2008 ?Amount ?Percent 2009 2008 CURRENT ASSETS Cash on hands and at banks 7088301 15433236 -8344935 -54,07% 2,60% 6,04% Trading investment 0% 0% Inventories 2141115 2114546 26569 1,26% 0,78% 0,83% Account receivables 7001659 7572885 -571226 -7,54% 2,57% 2,96% Other current assets 8362940 5209347 3153593 60,54% 3,07% 2,04% Total current assets 24594015 30330014 -5735999 -18,91% 9,02% 11,87% NON-CURRENT ASSETS Property and equipment 192087675 161953400
Rating:Essay Length: 3,549 Words / 15 PagesSubmitted: July 30, 2011 -
Financial Tables Analysis of Zara Investment Company
FINANCIAL TABLES ANALYSIS OF ZARA INVESTMENT COMPANY Horizontal Vertical Balance Sheet Dec.31,2009 Dec.31,2008 ?Amount ?Percent 2009 2008 CURRENT ASSETS Cash on hands and at banks 7088301 15433236 -8344935 -54,07% 2,60% 6,04% Trading investment 0% 0% Inventories 2141115 2114546 26569 1,26% 0,78% 0,83% Account receivables 7001659 7572885 -571226 -7,54% 2,57% 2,96% Other current assets 8362940 5209347 3153593 60,54% 3,07% 2,04% Total current assets 24594015 30330014 -5735999 -18,91% 9,02% 11,87% NON-CURRENT ASSETS Property and equipment 192087675 161953400
Rating:Essay Length: 3,993 Words / 16 PagesSubmitted: July 30, 2011 -
Financial Theories and Strategies
Financial Theories and Strategies Paper FIN 554 February 15, 2005 Introduction Financial theories are the building blocks of today’s corporate world. “The basic building blocks of finance theory lay the foundation for many modern tools used in areas such asset pricing and investment. Many of these theoretical concepts such as general equilibrium analysis, information economics and theory of contracts are firmly rooted in classical Microeconomics” (Oaktree, 2005) This paper will define and discuss five
Rating:Essay Length: 1,533 Words / 7 PagesSubmitted: November 16, 2009 -
Financials on Coke Vs Pepsi
In 1886, the Coca Cola Company was developed but it wasn’t until 1898 that the fierce competitor Pepsi-Cola entered into the market. These 2 companies are the two major players that dominate the consumer beverage (soft-drink) industry. Coke and Pepsi have since been competing to rein the global market in consumer beverages. The market of drinks in the United States alone is valued at more than thirty million dollars annually. With the growth of these
Rating:Essay Length: 1,455 Words / 6 PagesSubmitted: December 14, 2009 -
Financing a Grocery Store
Financing a grocery store opening would probably be the most difficult task. Most grocery stores need $500,000 - $1,000,000 to start up. They need it for building renovation and equipment, employees and the food. Before you can start renovating a space you need to have a space. The location for the “Mark-et” would be on the Northeast corner of 17th and Wells. This space is 7,200 square feet. Marquette charges $11 per square foot for
Rating:Essay Length: 835 Words / 4 PagesSubmitted: May 5, 2010 -
Financing Alternative Benchmarking: Lester Electronics and Juniper Networks
Lester Electronics, Inc. (LEI) was founded in 1978 by Bernard Lester after entering into an exclusive United States distribution contract with Korean based Shang-wa Electronics. LEI is a consumer and industrial electronics parts master distributor that markets their products to small and medium sized original equipment manufacturers, repair facilities, and small local distributors throughout the Americas and Europe. However, Lester has yet to market domestic made parts outside of the United States. LEI has enjoyed
Rating:Essay Length: 298 Words / 2 PagesSubmitted: July 27, 2010 -
Financing Alternatives
Financing Alternatives Lester Electronics (LEI) is in a position to acquire Shang-Wa Electronics. LEI is investigating several different financing options in order to make the acquisition profitable for both companies. Financing alternatives that are being considered are: issuing common stock, issuing preferred stock, issuing bonds, or a mixture of the three options. The purpose of this paper is to introduce the advantages and disadvantages of each financing option as it relates to this particular acquisition
Rating:Essay Length: 781 Words / 4 PagesSubmitted: February 12, 2010 -
Financing China's Health System
FINANCING CHINA'S HEALTH SYSTEM: Systems of finance: China's health care finance system consists of three formal systems and an informal component. Gongfei yiliao or Government Employee Health Insurance, provides coverage for government workers at all political divisional levels (central, provincial, county, township, and village), including officials of labor unions, youth's and women's leagues, the staff of cultural, educational, health and research institutes and students at approved colleges and universities. The government is solely responsible for
Rating:Essay Length: 1,264 Words / 6 PagesSubmitted: December 7, 2009 -
Financing Healthcare
The first financing mechanism of healthcare is health insurance. This helps in distributing risk. With an individual, health is uncertain, but with group statistics health is a little more predictable. This insurance pays less than the total loss incurred by levying out-of-pocket or even direct costs on the patient. This is due to the fact of “moral hazard”. Moral hazard is the temptation to use the insurance when it is not really needed. The issue
Rating:Essay Length: 664 Words / 3 PagesSubmitted: January 5, 2010 -
Financing the Toyota Recall
Financing the Toyota Recall. INTRODUCTION In May of 2006, The Toyota Motor Corporation initiated a recall of nearly one million vehicles around the world to replace faulty parts that could cause drivers to lose control of the steering wheel. The recall affected vehicles across 10 models, including the popular Prius. The intermediate shafts and sliding yokes in the recalled cars lacked the necessary strength and could distort or crack under strong pressure, causing drivers
Rating:Essay Length: 1,400 Words / 6 PagesSubmitted: April 23, 2010 -
Financing Through Ecm
Financing through ECM Exam : qcm (ou questions?) juste sur les infos dans les slides ! ( rien de ce que di ten plus à l’oral) + case study ( définir si IPO ou Private placement ? Cf infos dans slides pour savoir) Complex regulatory environment : AMF : regulate the organisation of the markets…. Has the power to impose rules to issuers / and sanction Euronext: issue and impose regulations in France Directives: needs
Rating:Essay Length: 1,158 Words / 5 PagesSubmitted: October 26, 2017 -
Finanzas Publicas
Capítulo 11: Educación 11.1 ¿Por qué debería involucrarse el Gobierno en la Educación? Existe un gran número de beneficios públicos (externalidades positivas) de la educación que justifican el rol del gobierno en su provisión. * La Productividad: la sociedad se puede beneficiar de mayores estándares de vida que vienen junto con un incremento de la productividad. * La Ciudadanía: la educación hace a los ciudadanos votadores más informados y activos, mejorando la calidad del proceso
Rating:Essay Length: 2,653 Words / 11 PagesSubmitted: April 9, 2016 -
Finding and Keeping the Best
Wanting to give to and get back the best in your employee's. Allyis Inc is proud to say that there long term dedication to their employees and clients is working well for them. Allyis has retained more than 95 percent of their staff in the past three years. They show in this article the 3 ways the ensure that employees want to stay working for them and for them to be satisfied. These three
Rating:Essay Length: 1,077 Words / 5 PagesSubmitted: March 17, 2010 -
Finding the Adjusted Basis
Problem: Brown Construction, Inc. is in the road construction business. Brown exchanges a grader used in its business and $45,000 in cash for a scraper to be used in its business. The adjusted basis of the grader is $50,000, and the fair market value of the scraper is $102,000. What are the tax consequences to Brown of the exchange? Tax Issues: There are a few tax issues to consider in this case. The first tax
Rating:Essay Length: 1,015 Words / 5 PagesSubmitted: December 7, 2009