FIN303 assignment
Name: Nguyễn Thị Yến Phương
Code: SB01153
Class: SB706
Subject: Fundamentals of Corporate Finance (FIN303)
Individual assignment
Contents
You are required to select a company (or case study) in any country & prepare a report about different issues about: financing decisions (share or bond issue) – NOT IPO, dividend decision (residual, stable or smooth policy; updated dividend payment) using real options in corporate finance decision (abandon or expand) working capital management (cash holding; A/R management) and financial planning in practice (Pro-forma Financial Statement)
I. Introduction
1. Topic: Dividend decision
A dividend is something of value that is distributed to a firm’s stockholders on a pro-rata basis—that is, in proportion to the percentage of the firm’s shares that they own. The Dividend Decision is a decision made by the directors of a company. This decision is an important one for the firm as it may influence its capital structure and stock price. Beside, dividend is a part of your investment return. A Company that manages their cash flow effectively tend to sustain and grow their dividend payouts over time. Successful growth of earnings usually pays off for investors in the form of higher share prices. Because of those reasons, I find this topic very interesting so I decide to choose financing for the individual assignment.
2. Company: P&G
The Procter & Gamble Company also known as P&G, is an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, USA. P&G was published in 1837 by two brother-in-laws William Procter (candle maker) and James Gamble (soap maker).
In 2012, P&G recorded $83.68 billion dollars in sales. Fortune magazine awarded P&G a top spot on its list of "Global Top Companies for Leaders", and ranked the company at fifth place of the "World 's Most Admired Companies" list. Chief Executive Magazine named P&G the best overall company for leadership
Code: SB01153
Class: SB706
Subject: Fundamentals of Corporate Finance (FIN303)
Individual assignment
Contents
You are required to select a company (or case study) in any country & prepare a report about different issues about: financing decisions (share or bond issue) – NOT IPO, dividend decision (residual, stable or smooth policy; updated dividend payment) using real options in corporate finance decision (abandon or expand) working capital management (cash holding; A/R management) and financial planning in practice (Pro-forma Financial Statement)
I. Introduction
1. Topic: Dividend decision
A dividend is something of value that is distributed to a firm’s stockholders on a pro-rata basis—that is, in proportion to the percentage of the firm’s shares that they own. The Dividend Decision is a decision made by the directors of a company. This decision is an important one for the firm as it may influence its capital structure and stock price. Beside, dividend is a part of your investment return. A Company that manages their cash flow effectively tend to sustain and grow their dividend payouts over time. Successful growth of earnings usually pays off for investors in the form of higher share prices. Because of those reasons, I find this topic very interesting so I decide to choose financing for the individual assignment.
2. Company: P&G
The Procter & Gamble Company also known as P&G, is an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, USA. P&G was published in 1837 by two brother-in-laws William Procter (candle maker) and James Gamble (soap maker).
In 2012, P&G recorded $83.68 billion dollars in sales. Fortune magazine awarded P&G a top spot on its list of "Global Top Companies for Leaders", and ranked the company at fifth place of the "World 's Most Admired Companies" list. Chief Executive Magazine named P&G the best overall company for leadership
References: - P&G information: http://finance.yahoo.com/news/p-g-declares-7-dividend-110000088.html http://www.pg.com/en_US/investors/financial_reporting/annual_reports.shtml http://csimarket.com/stocks/single_dividendpry.php?code=PG - Texbook: “Fundamental of corporate finance” – Robert Parrino & David Kidwell