Financial management and analysis phần 3 ppsx

... r p D D g D D g D Dividend Valuation Model amount D P Review of Economics and Statistics The Investment Financing and Valuation of the Corporation The Theory of Investment Value P D g() r e g() ... Five Years to Maturity and Semiannual Interest C N × M r d V () t () t ∑ time path Value of Olympic Power 8⁷⁄₈% Bonds, Interest Paid Semiannually, Maturing December 31 , 2000 as Ma...

Ngày tải lên: 09/08/2014, 16:21

... 485 CHAPTER 15 Intermediate and Long-Term Debt 487 CHAPTER 16 Common Stock 533 Frontmatter Page vi Wednesday, April 30 , 20 03 11 :35 AM Introduction to Financial Management and Analysis 13 One such issue ... of Banking and Finance, Financial Management, and the Financial Analysts Journal. Frontmatter Page xiii Wednesday, April 30 , 20 03 11 :35 AM Part1 Page 2 Wednes...

Ngày tải lên: 09/08/2014, 16:21

... 59 Philip Morris 57 43 Timberland Co. 70 30 Walt Disney 83 17 F 25-IntnatlFinancial Page 8 23 Wednesday, April 30 , 20 03 12: 13 PM 816 FINANCIAL STATEMENT ANALYSIS The importance of cash flow analysis in ... 2 Belgian franc 36 .785 39 .409 Netherlands guilder 1.9778 2.1219 Swiss franc 1.46 43 1. 636 9 25-IntnatlFinancial Page 858 Wednesday, April 30 , 20 03 12: 13 PM Inter...

Ngày tải lên: 09/08/2014, 16:21

... Ending December 31 (in Thousands) 20 03 2002 Source: . Company Book Value of Equity in Millions Market Value of Equity (in Millions)

Ngày tải lên: 09/08/2014, 16:21

... Capital and the Marginal Efficiency of Investment ■ ■ ■ ■ ■

Ngày tải lên: 09/08/2014, 16:21

... 2000 Accumulated Discounted Cash Flows 2001 $36 3,640 $36 3,640 2002 33 0,580 694,220 20 03 300, 530 994,750 2004 2 73, 205 1,267,955 ☎ ❑ $1,000,000 investment paid back 2005 248 ,36 9 1,516 ,32 4 13- Capital Budget Tech Page ... 2000 2001 $400,000 $36 3, 636 $100,000 $90,909 2002 400,000 33 0,579 100,000 82,644 20 03 400,000 30 0,526 100,000 75, 131 2004 400,000 2 73, 205 1,000,000 6...

Ngày tải lên: 09/08/2014, 16:21

... right to buy more stock 16-CommonStock Page 534 Wednesday, April 30 , 20 03 11: 53 AM CHAPTER 16 533 Common Stock uppose you buy a new car that costs $20,000 and you pay cash for it. You will own it ... Destruction of Sharehold- er Value,” Financial Analysts Journal (March/April 1992) pp. 37 –45. 16-CommonStock Page 5 43 Wednesday, April 30 , 20 03 11: 53 AM 538 FINANCING DECIS...

Ngày tải lên: 09/08/2014, 16:21

... $5,250== Total costs 0.05 $89,4 43 2    $200 $1,000,000 $89,4 43    += $2, 236 $2, 236 + $4,472== 19-MgmtCash_MarketSecs Page 636 Wednesday, April 30 , 20 03 12:08 PM 632 MANAGING WORKING CAPITAL for ... Structure Puz- zle,” Midland Corporate Finance Journal, Vol. 3, No. 3 (Fall 1985). 18-CapitalStructure Page 619 Wednesday, April 30 , 20 03 11:51 AM Management of C...

Ngày tải lên: 09/08/2014, 16:21

... = Debt-to-equity ratio $5,000,000 $6,000,000 0. 833 3 or 83. 33% == 22 -Financial Ratios Page 7 43 Wednesday, June 4, 20 03 12:06 PM 744 FINANCIAL STATEMENT ANALYSIS Book value generally does not give a ... $219,812/$ 83, 451 = 2. 63 times $1 93, 295/$78, 130 = 2.47 times Financial leverage Total debt-to-assets $48 ,31 9/$ 83, 451 = 58.90% $46,787/$78, 130 = 59.88% Total debt-t...

Ngày tải lên: 09/08/2014, 16:21

... 69 165 271 168 53 53 Nonoperating cash outflows $1,079 $3, 175 $38 1 $178 $3, 5 63 $1,1 63 Nonoperating cash flows –$1,079 –$175 – $38 1 $32 2 – $3, 5 63 –$1,1 63 Analysis of cash and marketable securities Balance, ... 30 20 10 10 Earnings before taxes $670 34 % $33 5 $670 $1,005 $670 $33 5 $33 5 less, Taxes 12 1% 6 12 18 12 6 6 Net income $658 33 % $32 9 $658 $987 $658 $32...

Ngày tải lên: 09/08/2014, 16:21