Financial Analysis: Tools and Techniques Phần 2 ppt

... Pattern 1,600 1,400 1 ,20 0 1,000 800 600 400 20 0 0 1,600 1,400 1 ,20 0 1,000 800 600 400 20 0 0 Sales Operating assets Aftertax profit Funding need Funding after dividends 1999 20 00 20 01 20 02 2003 20 04 20 05 20 06 hel78340_ch03.qxd ... seeks to understand a company’s economic hel78340_ch 02. qxd 9 /27 /01 10:59 AM Page 37 72 Financial Analysis: Tools and Techniques...

Ngày tải lên: 05/08/2014, 13:20

... Analysis 29 2 Accuracy 29 3 Key Issues 29 3 Analytical Support 29 5 Chapter 9 Cost of Capital and Business Decisions 29 7 Decisional Context 29 8 Investment Decisions 29 8 Operating Decisions 29 9 Financing ... investors, creditors, and suppliers, or hel78340_ch01.qxd 9 /27 /01 10:58 AM Page 12 10 Financial Analysis: Tools and Techniques The Practice of Financial/ Econ...

Ngày tải lên: 05/08/2014, 13:20

... used for investment and by far less in the other two, $3 million and $ 52 million respectively. hel78340_ch03.qxd 9 /27 /01 11:00 AM Page 87 126 Financial Analysis: Tools and Techniques the company’s ... result in fractionally higher cash dividends. hel78340_ch04.qxd 9 /27 /01 11:07 AM Page 121 122 Financial Analysis: Tools and Techniques Dividends per Share Dividen...

Ngày tải lên: 05/08/2014, 13:20

... $10,831 1996 6,469 2, 522 866 Ñ 9,857 1995 6 ,21 2 2, 525 831 Ñ 9,568 Operating profit (loss) 1997 $ 94 $ 24 5 $ 64 $(163) $ 24 0 1996 21 2 22 4 40 (174) 3 02 1995 514 22 0 65 (174) 625 Identifiable assets ... 1. 125 1. 125 Preference Stock II 2 4 02 396 3 52 350 1. 125 1. 125 $4.50 Convertible 3 423 1 Ú4 423 1 Ú4 425 25 0 1. 125 1. 125 Series 3 4 420 400 329 329 1. 125 1....

Ngày tải lên: 05/08/2014, 13:20

... . . . $2, 423 $2, 5 72 $2, 954 $2, 364 $10,313 Less: returns, allowances . . . . . . . . 25 26 28 24 103 Net sales . . . . . . . . . . . . . . . . . . . . . . . 2, 398 2, 546 2, 926 2, 340 10 ,21 0 Cost ... considered. hel78340_ch06.qxd 9 /27 /01 11:13 AM Page 22 0 21 0 Financial Analysis: Tools and Techniques Chapters 11 and 12, shareholder value creation ultimately is...

Ngày tải lên: 05/08/2014, 13:20

... Ϫ115 ,20 0 Ϫ19 ,20 0 25 ,600 22 4,000 Present value factors @ 12% . . . . . . . . . . . 1.000 0.893 0.797 0.7 12 0.636 0.567 Present values of cash outflows . . . . . . . . . 0 22 ,861 Ϫ30,605 Ϫ 82, 022 ... 1.45/1 .23 *This exhibit is available in an interactive format (TFA Template)—see “Analytical Support” on p. 29 5. hel78340_ch08.qxd 9 /27 /01 11 :28 AM Page 27 3 24 2 Financial An...

Ngày tải lên: 05/08/2014, 13:20

... Ϫ1, 429 2, 928 2, 619 Ϫ6,758 Present values of total cash flows. . . . . . . . . . . . . . . . . . . . $Ϫ100,000 $ Ϫ406 $ 4,841 $ 679 $ Ϫ1, 429 $ 2, 928 $ 2, 619 $ Ϫ4,746 Net present value @ 12% ... both the present level of earnings and any anticipated changes in hel78340_ch11.qxd 9 /27 /01 11:31 AM Page 3 82 378 Financial Analysis: Tools and Techniques basis, and (3) the val...

Ngày tải lên: 05/08/2014, 13:20

... . . — 2, 075 2, 075 2, 075 2, 075 2, 075 2, 075 2, 075 2, 075 Initial investment . . . . . . . . . . . . . . . . . . . . . . . . . . . Ϫ 12, 000 12, 000 12, 000 12, 000 12, 000 12, 000 12, 000 12, 000 12, 000 Cost ... . . . . . . . . . . . — 825 825 825 825 825 825 825 825 Add back depreciation effect . . . . . . . . . . . . . . . . . . — 1 ,25 0 1 ,25 0 1 ,25 0 1 ,25 0 1 ,25 0 1 ,25...

Ngày tải lên: 05/08/2014, 13:20

... decisions, 29 8 29 9 comparing different scenarios, 28 0 28 2 framework, 25 9 26 6 future costs and benefits, 26 2 26 3 incremental cash flows, 26 3 26 4 mutually exclusive, 26 1 26 2 nature of investment, 26 1 26 2 problem ... (IRR), 24 5 24 7 investment base, 27 minimum life, 24 2 24 4 net present value (NPV), 23 7 24 2 new investments, 27 as options, 28 5 28 7 present valu...

Ngày tải lên: 05/08/2014, 13:20

... framework and tools Overall results and value creation Operational effectiveness Investment effectiveness Financing effectiveness 26 Financial Analysis: Tools and Techniques hel78340_ch 02. qxd 9 /27 /01 ... management team. Every one of these decisions hel78340_ch 02. qxd 9 /27 /01 10:59 AM Page 22 38 Financial Analysis: Tools and Techniques performance and to...

Ngày tải lên: 01/07/2014, 22:20