fundamentals of corporate finance

Ngày tải lên: 20/12/2013, 17:15

... limited number of years is called an annuity. The present value of a stream of cash flows is simply the sum of the present value of each individual cash flow. Similarly, the future value of an annuity ... is all-equity financed. What must its profit margin be if it wishes to finance 8 percent growth using only internally generated funds? 24. Internal Growth. If the profit margin of the firm in ... managers are often using a code to communicate real concerns. For example, a target profit margin may be a way of saying that in pursuing sales growth the firm has allowed costs to get out of control. The...

Ngày tải lên: 05/08/2014, 13:20

... Microsoft’s total capital in 1997 was $7.2 billion. With a return of 53 percent, it earned profits on this figure of .53 ì 7.2 = $3.8 billion. The total cost of the capital employed by Microsoft ... cents of tax on each dollar of income up to an income of $62,450. For example, if your total in- come is $40,000, your tax bill is 15 percent of the first $25,750 of income and 28 per- cent of the ... say that such a firm is less prof- itable simply because it employs debt finance and pays out part of its profits as inter- est. Therefore, when calculating the profit margin, it seems appropriate...

Ngày tải lên: 05/08/2014, 13:20

... annual rate of 6 percent. a. What is the effective rate of interest if the loan is for 1 year and is paid off in one pay- ment at the end of the year? b. What is the effective rate of interest ... annual rate of 6 percent. However, the borrower must maintain a balance of 25 percent of the amount of the loan, and the balance does not earn any interest. a. What is the effective rate of interest ... Balances. Suppose that Dynamic Sofa (a subsidiary of Dynamic Mattress) has a line of credit with a stated interest rate of 10 percent and a compensating balance of 25 percent. The compensating...

Ngày tải lên: 05/08/2014, 13:20

Ngày tải lên: 05/08/2014, 13:20

Ngày tải lên: 05/08/2014, 13:20

Ngày tải lên: 05/08/2014, 13:20

Ngày tải lên: 05/08/2014, 13:20

Ngày tải lên: 05/08/2014, 13:20

Ngày tải lên: 05/08/2014, 13:20

... DEPRECIATION EXPENSES with COST OF LABOR AND MATERIALS. www.LisAri.com v05/15/94 v-1.1 p01/14/00 INTRODUCTION: BASICS OF CORPORATE FINANCE COURSE OVERVIEW Basics of Corporate Finance serves as an introductory ... claim on the ownership of the company. Often, the number of outstanding shares is included on this line. ã RETAINED EARNINGS value of the assets of the company in excess of the claims upon those ... on a set of assumptions concerning the future operations and finances of a company. Other methods for estimating corporate value are presented and the relative strengths and weaknesses of each...

Ngày tải lên: 22/12/2013, 16:15