Viet Duong Sybil Cheng 11/17/2011 Holmes Corp: LBO Valuation 1. Sustainability – One of Holmes Corp. major strengths is its long history of steady and predictable cash flow. Over the last five years‚ Holmes’ Net sales have grown from $41MM to $103MM which is approximately a growth rate of 151%. Over the same time frame Holmes’ net earnings have grown from $1M to $6.6M which is approximately a growth rate of 560%. This history of strong earnings means we can realistically expect stable
Premium Revenue Income statement Debt
Define the Issue The Betapharm sourcing team needs to make an urgent decision whether products that are as diverse as raw materials (Malic Acid) and hotel contracts can be electronically sourced by using their already acquired ePass sourcing system. The aim is to find ways to better control costs and to remain competitive. Analysis The global hotels issue is that the cost on hotel spending is high. The annual total spending in 2003 was €70M. Although Betapharm has a global travel agent
Premium Hotel Hotels Supply chain management
History Of Ordnance Corps The Ordnance Corp is one of the oldest branches of the Army‚ established May 14‚ 1812. The U.S. Army Ordnance Department established from The Revolutionary War. General George Washington‚ the commander of the Continental Army‚ appointed Ezekiel Cheever to provide ordnance support to army in July 1775. Until 1779‚ all the armies had Ordnance personnel moving with them. They were civilians and Soldiers‚ served as conductors for maintenance - ammunition wagon and arms
Premium United States Army United States Continental Army
Advanced Corporate Finance‚ March 2004 1. Weighted average cost of capital for Marriott Corp. The WACC is calculated using the formula: This uses the underlying assumption that the debt-equity ratio for the firm remains constant. In Marriott’s case the corporation’s target leverage ratio based on interest coverage target is set at 60% as taken from Table A. The WACC for the whole firm represents the average cost of capital of the firm’s underlying operating structure. To use this WACC
Premium Marriott International Weighted average cost of capital Finance
3. Do additional research on B Corps. What are the advantages and disadvantages of B Corps? Name some other successful B Corps. In your estimation‚ are B Corps a better model for socially responsible firms? Why or why not? B-Corp certification‚ a new business classification that scores companies on a 200-point scale‚ is done on a state-by-state basis and allows companies to demonstrate higher standards of corporate purpose‚ accountability and transparency [3]. It also permits businesses to make
Premium Corporate social responsibility Social responsibility Socially responsible investing
apply the proceeds to the payment of creditor claims. 2. Bankruptcy alternatives- assignments for the benefits of creditors‚ bulk sales‚ and composition agreements. 3. Bankruptcy Code- the name of the bankruptcy laws in effect in the United States since October 1‚ 1979. 4. Composition Agreement- an agreement between a debtor and multiple creditors for the repayment of debt. The various reorganization proceedings of the Bankruptcy Code (Ch. 9‚ 11‚ 12 and 13) are judicially approved composition
Premium Bankruptcy Debtor
LinkedIn Corp.‚ 2008 Question #1 Network effect is seen as a phenomenon where a network service (SNS or PNS) becomes more valuable as the number of users increase. This phenomenon encourages continually increasing membership within the network. This can happen when a user adopts a network service initially to connect with current users‚ or later‚ when “everyone” is using the network service. Network effect exists in both social and professional networking (Majon International‚ 2010). Both
Free Social network service
I want to serve as a Peace Corps Volunteer for the service and the adventure. I’ve held an interest in service from an early age‚ from volunteering what free time I had to accepting the responsibilities of several leadership positions. I believe it all stems from two places‚ being raised on a farm and of the Christian faith. Our family farm in south central Oklahoma is where I was taught hard work‚ compassion‚ management‚ responsibility and hope. My father has stated how it is morally wrong for
Premium Christianity Jesus New Testament
Bankruptcy Attorney Allen Tx: Legal Help for Medical Debt If you’re unable to pay your medical bills‚ contact a bankruptcy attorney Allen TX. A lawyer can help you file for Chapter 7 bankrupcty. Chapter 7 will wipe out your medical debt and repay other debts you owe without sacrificing necessary income for housing‚ food and other daily needs. If bill collectors are sending you letters or calling you incessantly regarding medical bills‚ you can stop the harassment by filing for Chapter 7 bankrupcty
Premium Health care Medicine Health insurance
Young Marines is drug demand reduction program that teaches kids‚ from ages eight to eighteen‚ the importance of living a healthy lifestyle‚ while also teaching them some of the basics of Marine Corps knowledge and life skills. They also teach about physical fitness‚ self discipline‚ leadership‚ and teamwork skills. I was in this program for six years and retired last year at the rank of Young Marine Staff Sergeant. Macie has been in for almost
Premium Baseball United States Marine Corps Sergeant