Financial management and analysis phần 6 pot

... would have to pay $1,170 .60 per bond, or $117, 060 ,000 for the entire issue. The premium on these bonds $170 .60 (= $1,170 .60 – $1,000.00) per bond or $17, 060 ,000 in total and the flotation expenses—the ... taxable income by $17, 360 ,000 (= $300,000 + $17, 060 ,000): Therefore, considering the flotation costs, the treasurer has to issue new 6% bonds with a par value of $110,3 56, 000...

Ngày tải lên: 09/08/2014, 16:21

... 31 (in Thousands) 2003 2002 Source: . Company Book Value of Equity in Millions Market Value of Equity (in Millions)

Ngày tải lên: 09/08/2014, 16:21

... 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() ... r e g D gr e D    () ■ ■ () Value of a 4% Coupon Bond with Five Years to Maturity and Semiannual Interest C N × M r d V () t () t ∑ time path Value of Olympic Po...

Ngày tải lên: 09/08/2014, 16:21

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

Ngày tải lên: 09/08/2014, 16:21

... 2000 2001 $400,000 $ 363 ,63 6 $100,000 $90,909 2002 400,000 330,579 100,000 82 ,64 4 2003 400,000 300,5 26 100,000 75,131 2004 400,000 273,205 1,000,000 68 3,013 2005 400,000 248, 369 1,000,000 62 0,921 Investment ... 2000 Accumulated Discounted Cash Flows 2001 $ 363 ,64 0 $ 363 ,64 0 2002 330,580 69 4,220 2003 300,530 994,750 2004 273,205 1, 267 ,955 ☎ ❑ $1,000,000 investment paid back...

Ngày tải lên: 09/08/2014, 16:21

... Ben and Jerry’s, Brach’s Candy, and Sara Lee Corpo- ration are all considered members of the food product industry, but they 18-CapitalStructure Page 61 6 Wednesday, April 30, 2003 11:51 AM 64 6 ... demand a higher return and may also require protective provisions in the loan contract. 18-CapitalStructure Page 60 8 Wednesday, April 30, 2003 11:51 AM Management of Receivables and...

Ngày tải lên: 09/08/2014, 16:21

... sold 65 .0% 66 .7% Gross profit 35.0% 33.3% Lease and administrative expenses 15.0% 16. 7% Earnings before interest and taxes 20.0% 16. 7% Interest expense 4.0% 5 .6% Earnings before taxes 16. 0% 16. 7% Taxes ... $6, 671 $6, 295 Ratio 2001 2000 Return Basic earning power $12,077/$83,451 = 14.47% $ 16, 490/$78,130 = 21.11% Return on assets $6, 671/$83,451 = 7.9% $6, 295/$78,130 = 8....

Ngày tải lên: 09/08/2014, 16:21

... 2 Belgian franc 36. 785 39.409 Netherlands guilder 1.9778 2.1219 Swiss franc 1. 464 3 1 .63 69 25-IntnatlFinancial Page 858 Wednesday, April 30, 2003 12:13 PM International Financial Management 859 exchange ... Morris 57 43 Timberland Co. 70 30 Walt Disney 83 17 F 25-IntnatlFinancial Page 823 Wednesday, April 30, 2003 12:13 PM 8 16 FINANCIAL STATEMENT ANALYSIS The importance of cash...

Ngày tải lên: 09/08/2014, 16:21