create controversy even where it does not exist. Expert values have been fighting‚ in vain‚ to find out whether valuation is an art or a science. To set this rift at rest‚ Justice Viscount Simon of the House of Lords in Gold Coast Selection Trust case held that "valuation is an art and not an exact science. Mathematical certainty is not demanded‚ nor indeed is it possible". Thus valuation cannot be tied up by rigid laws of nature or science. It also cannot work under fixed and inflexible set up of
Premium Real estate Real estate appraisal Property
Chose the residual earning models: Firstly‚ the firm’s profitability‚ it was showed on the return on equity‚ and it can show that how well the managers did in the past year. Secondly‚ the growth of investment‚ in this case‚ the valuation can be more informative if it showed the public and investors that how the company is expected to grow in the future. Thirdly‚ the accrual concept‚ that is about the cash flow. Last but not least‚ items accounting variables in financial
Premium Stock market Stock Financial ratios
most severe crime around the world. The phrase domestic violence is now also known as Intimate Partner Violence‚ which in short abbreviates to IPV (Cares‚ & Felson‚ 2005). From numerous research it has been proven that poverty and alcohol consumption leads to domestic violence. Intimate partner violence (IPV)‚ is when one of the partners use physical‚ sexual‚ or even mental abuse to hurt the partner they are intimate with. (Smith‚ Homish‚ Leonard‚ & Cornelius‚ 2011). However‚ domestic violence
Premium Domestic violence Violence
UVA-F-1415-SSRN v 1.2 JETBLUE AIRWAYS IPO VALUATION My neighbor called me the other day and she said‚ ’You have an interesting little boy. ’ Turns out‚ the other day‚ she asked my son Daniel what he wanted for Christmas. And he said‚ ’I want some stock. ’ ’Stock? ’ she said. ’Don ’t you want video games or anything? ’ ’Nope‚ ’ he said‚ ’I just want stock. JetBlue stock. ’ --David Neeleman‚ CEO and Founder‚ JetBlue Airways It was the first week of April 2002‚ barely two years since the first
Premium Southwest Airlines Initial public offering Low-cost carrier
CFS WRITE UP ON CASE 6 BY SUSHMA T Session 6 – Structuring Repsol’s Acquisition of YPF Suggested Questions: 1) How significant are the expected synergies and restructuring effects? Please prepare an estimate of the value of these. For Repsol and its shareholders‚ the YPF acquisition deal is seen as an ideal strategic match. The Spanish oil company gets most of its revenues from activities like refining and gasoline stations‚ and must buy much of its crude oil from others‚ while YPF owns
Premium Stock Stock market Corporate finance
INTRODUCTION TO EQUITY VALUATION Equity shares can be described more easily than fixed income securities. However‚ they are more difficult to analyse. Fixed income securities typically have a limited life and a well-defined cash flow stream. Equity shares have neither. While the basic principles of valuation are the same for fixed income securities as well as equity shares‚ the factors of growth and risk create greater complexity in the case of equity shares . As our discussion
Premium Stock market Stock
Characteristics of Partner Violence Nicole Mihal Kaplan University CJ 333 Section 02 Professor Michael Pozesny January 21‚ 2014 Domestic violence is an ever growing problem in the United States. It is becoming increasingly difficult to narrow down specific traits that an abuser would have. There have been several studies on the characteristics and styles of abusive personalities. Any combination of certain traits could be a dangerous situation. Domestic violence and intimate partner violence is
Premium Child abuse Domestic violence Narcissistic personality disorder
be define as the winding up of its business activities characterizaed by sale of all non-cash assets‚ settlement of all liabilities and distribution of the remaining cash to the partners. It is usually done when the business entity will not continue its activities after the dissolution of the partnership. Maybe the partners already fulfilled their business purpose or the partnership is in financial difficulties‚ that’s why they decided to liquidate it. The purpose of this paper is to inform the
Premium Bankruptcy Liquidation Corporation
~’c..•• You are interested in stock that will either gain 30% this year or lose 20% this year. The one-year annual effective rate of interest is 10%. The stock is currently selling for $10. (1) (4 points) Compute the price of a European call option on this stock with a strike price of $11.50
Premium Call option Put option Option
Domestic Partner Benefits: A Report on the Cost and Value of Providing Benefits to Employees To: The Board of Directors From: Human Resources Department Subject: The Cost and Value of Providing Domestic Partner Benefits Many of the employees at _____‚ have been requesting benefits for their families. These employees are those who are not married‚ but still have partners and families to care for. We‚ at Human Resources‚ have researched this issue‚ and developed a report and presentation. In
Free Same-sex marriage Marriage