Financial Analysis: Tools and Techniques Phần 6 pps

Tài liệu FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES:A Guide for Managers ppt

... analyzing and under-standing business performance and prospects. Then we stressed the need for all managers to become economic managers to best fulfill their and their companies’potential, and discussed ... Companies, Inc. Click Here for Terms of Use. 14 Financial Analysis: Tools and TechniquesIncentives to enhance short- and long-term performance are the opposite sideof the performance evaluation challenge ... peers and the market as a whole, as we’ll discuss in Chapters 4 and 12.hel78340_ch02.qxd 9/27/01 10:59 AM Page 23 2 Financial Analysis: Tools and Techniques For many years the purpose and contribution...

financial analysis tools and techniques 2012 pot

... both for the financial/ economic dimensions of systematicbusiness management and for understanding the nature of financial statements,data, and processes underlying financial analysis techniques. ... organizations and empoweredemployees. Empowerment begins with knowledge and is expanded by targetedtraining, which includes understanding the nature and relevance of financial/ eco-nomic data, and is ... activity, and evaluating financial ratios and measures must rest on an understanding ofthese activity-based indicators. In well-managed companies there is a close con-nection between physical and financial...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES docx

... 2 Financial Analysis: Tools and Techniques For many years the purpose and contribution of this book have been to helpmake financial/ economic analysis a practical, understandable and usable processfor ... organizations and empoweredemployees. Empowerment begins with knowledge and is expanded by targetedtraining, which includes understanding the nature and relevance of financial/ eco-nomic data, and is ... company relative to its peers and the market as a whole, as we’ll discuss in Chapters 4 and 12.hel78340_ch02.qxd 9/27/01 10:59 AM Page 23 4 Financial Analysis: Tools and Techniques It is here that...

TETeam-Fly financial analysis tools and techniques doc

... Team-Flyđ 2 Financial Analysis: Tools and Techniques For many years the purpose and contribution of this book have been to helpmake financial/ economic analysis a practical, understandable and usable ... both for the financial/ economic dimensions of systematicbusiness management and for understanding the nature of financial statements,data, and processes underlying financial analysis techniques. ... organizations and empoweredemployees. Empowerment begins with knowledge and is expanded by targetedtraining, which includes understanding the nature and relevance of financial/ eco-nomic data, and is...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 6 pot

... 10 16 16 16 16 16 16 Growth in equity‡ . . . . . . . . . . . . . . . . . . . . . . . . . 10 10 10 16 16 16 8 8 8Growth in profit after interest . . . . . . . . . . . . . . . . — 10 10 — 16 16 ... . . . . . . $ 60 0 $ 60 0 $ 60 0*Before personal income taxes.hel78340_ch 06. qxd 9/27/01 11:13 AM Page 208 222 Financial Analysis: Tools and Techniques In the end, the key test of financial analysis ... secondary role. As we’ll discuss and demonstrate in more detail inhel78340_ch 06. qxd 9/27/01 11:13 AM Page 209 210 Financial Analysis: Tools and Techniques Chapters 11 and 12, shareholder value creation...

Financial Analysis: Tools and Techniques Phần 1 pot

... 402Creating Value in Restructuring and Combinations 411 Restructuring and Value 411 hel78340_FM.qxd 9/27/ 01 10:56 AM Page xv 16 Financial Analysis: Tools and Techniques Sharing. The first practice ... investors, creditors, and suppliers, orhel78340_ch 01. qxd 9/27/ 01 10:58 AM Page 12 10 Financial Analysis: Tools and Techniques The Practice of Financial/ Economic AnalysisThe financial/ economic ... Budget 17 9Production Budget 18 1Interrelationship of Financial Projections 18 1 Financial Modeling 18 4Sensitivity Analysis 18 6Key Issues 18 7Analytical Support 18 9Chapter 6Dynamics and Growth...

Financial Analysis: Tools and Techniques Phần 2 ppt

... Pattern1,6001,4001 ,20 01,000800600400 20 001,6001,4001 ,20 01,000800600400 20 00SalesOperating assetsAftertax profitFunding needFunding after dividends1999 20 00 20 01 20 02 2003 20 04 20 05 20 06hel78340_ch03.qxd ... seeks to understand a company’s economichel78340_ch 02. qxd 9 /27 /01 10:59 AM Page 37 72 Financial Analysis: Tools and Techniques Since the required investment in accounts receivable and inventories ... AccountspayableShort-termliabilitiesOthercurrentliabilitiesLong-termliabilitiesShareholders’equityProductiontransformationhel78340_ch03.qxd 9 /27 /01 11:00 AM Page 65 44 Financial Analysis: Tools and Techniques FIGURE 2 11TRW INC. AND SUBSIDIARIESStatements of EarningsFor the Years Ended December 31, 1997 and 1996 ($...

Financial Analysis: Tools and Techniques Phần 3 pot

... firmhel7 834 0_ch04.qxd 9/27/01 11:07 AM Page 98 100 Financial Analysis: Tools and Techniques FIGURE 4 3 TRW INC. AND SUBSIDIARIESStatements of EarningsFor the Years Ended December 31 , 1997 and 1996($ ... used for investment and by far less inthe other two, $3 million and $52 million respectively.hel7 834 0_ch 03. qxd 9/27/01 11:00 AM Page 87 126 Financial Analysis: Tools and Techniques the company’s ... business.$2,005$10, 831 $8,826$10, 831 hel7 834 0_ch04.qxd 9/27/01 11:07 AM Page 101 90 Financial Analysis: Tools and Techniques made no sooner than required by commercial and legal terms. Ways...

Financial Analysis: Tools and Techniques Phần 4 doc

... 6.55 5.90 4. 898 4. 45 6.55 5.90 4. 529 6.55 5.90 4. 4610 6.55 5.90 4. 4611 3.29 5.90 4. 4612 5.90 4. 4613 5.90 4. 46 14 5.90 4. 4615 5.90 4. 4616 2.99 4. 4617–20 4. 4621 2.25hel78 340 _ch 04. qxd 9/27/01 ... 40 0 3 64 332 1Ú2 288 1.125 1.125Preference Stock II 2 40 2 396 352 350 1.125 1.125 $4. 50 Convertible 3 42 3 1 4 423 1 4 425 250 1.125 1.125Series 3 4 420 40 0 329 329 1.125 1.125The $4. 40 ... 43 3 4 .31 .31Cumulative Serial 1 500 300 379 379 1.10 1.10Preference Stock II 2 45 7 1Ú2 44 2 41 8 41 4 1.10 1.10 $4. 40 Convertible 3 600 300 500 300 1.10 1.10Series 1 4 495 49 5 42 7 42 7 1.10...

Financial Analysis: Tools and Techniques Phần 5 docx

... . . . $50 0.0 $55 0.0 $6 05. 0 250 .0 290.0 336.4 250 .0 270.0 291.6Net assets (capitalization) . . . . . . . . . . . . . . . . $50 0.0 $55 0.0 $6 05. 0 $ 50 0.0 $ 58 0.0 $ 672.8 $50 0.0 $54 0.0 $58 3.2Profitability ... . . . . . — -0- — 55 5 . . . . . . . . . 25% $ 49, 750 * Infinite†694 . . . . . . . . . 25 112,300 1 25% 867 . . . . . . . . . 25 190, 150 691084 . . . . . . . . . 25 287,800 51 Volume Decrease ... -0- —333 . . . . . . . . . 25% $ 50 , 150 * Infinite†249 . . . . . . . . . 25 87, 950 75% 187 . . . . . . . . . 25 1 15, 850 32140 . . . . . . . . . 25 136,000 18*First 25 percent change not exactly...

Financial Analysis: Tools and Techniques Phần 6 pps

... . . 36% 36% 36% 36% 36% 36% 36% After-tax benefits. . . . . . . . . . . . . . . . . . . . . . . . 0 2, 560 2, 560 2, 560 2, 560 2, 560 2, 560 2, 560 17,920Depreciation tax shield ($1,500 ϫ . 36) . . ... . . . . . . . 36% 36% 36% 36% 36% After-tax cost . . . . . . . . . . . . . . . . . . . . . . . 0 Ϫ5,120 Ϫ5, 760 6, 400 Ϫ7,040 Ϫ7 ,68 0 Ϫ32,000Depreciation tax shield ($80,000 ϫ . 36) . . . 0 28,800 ... AM Page 273 242 Financial Analysis: Tools and Techniques estimates. It sharpens the analyst’s understanding of the relationship of economiclife and acceptable performance, and is a much improved...

Financial Analysis: Tools and Techniques Phần 8 potx

... both the present level of earnings and any anticipated changes inhel 783 40_ch11.qxd 9/27/01 11:31 AM Page 382 3 78 Financial Analysis: Tools and Techniques basis, and (3) the value of all shares ... . . . . . . . . . $1 ,84 0 $83 2 .89 *From Table 7–II and 7–I (end of Chapter 7), respectively.hel 783 40_ch11.qxd 9/27/01 11:31 AM Page 364 336 Financial Analysis: Tools and Techniques The $1.25 ... expectations. Since ultimately all economichel 783 40_ch11.qxd 9/27/01 11:31 AM Page 372 380 Financial Analysis: Tools and Techniques this opportunity rises and falls with the movements in the market...

Financial Analysis: Tools and Techniques Phần 9 docx

... instance that over time provide a recovery of the investment and ahel78340_ch12.qxd 9/ 27/01 11:33 AM Page 407 392 Financial Analysis: Tools and Techniques this approach should really have been commonplace ... Co.hel78340_ch12.qxd 9/ 27/01 11:33 AM Page 401 408 Financial Analysis: Tools and Techniques FIGURE 12–6An Illustration of Economic Profit, CFROI, and Earnings Measures (thousands of dollars)*Economic ... York: Free Press, 199 8.Ross, Stephen; Randolph Westerfield; and Jeffrey Jaffe. Corporate Finance. 5th ed. BurrRidge, IL: Irwin/McGraw-Hill, 199 9.Weston, Fred; Scott Besley; and Eugene Brigham....

Financial Analysis: Tools and Techniques Phần 10 pps

... payments.hel78340_apx2.qxd 9/27/01 11:33 AM Page 437 460 Techniques of Financial Analysis: A Guide to Value Creation Financial Manuals and ServicesMost current financial and economic information is now available ... 439 Financial informationgathering and interpreting, 16–17interpretation of, 53–54 Financial leverage, 128–130, 192, 203–209, 440 Financial manuals and services, 460 Financial model, 440 Financial ... pro-vided by the United Nations and its major agencies, and the various analyses and hel78340_apx3.qxd 9/27/01 11:34 AM Page 458 448 Techniques of Financial Analysis: A Guide to Value CreationTrade...

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