Tottenham Hotspur plc 1. First‚ calculate FCF. As written in the case‚ both depreciation and CAPEX grows 7% annually and I assumed change in NWC is consistently 0. Given discount rate is 10.25%. I put 1% perpetual growth on CF projection after 2020. The NPV of CF is 79.13 (in M GBP) as below. Since EV is 79.93 and net debt (total debt – cash and equivalents) is 16.79‚ therefore we can say that E is 63.14. On the other hand‚ as its current stock price of £13.80‚ the market capitalization
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References……………………….. Page 11‚12 Appendix…………………………..Page 13 Introduction The role given for this report is to show a financial analyst acting on behalf of a large institutional investor advising them on their future investment in Sainsbury plc. This report will explore calculations of the financial ratios‚ such as gross margin which measures the performance of how suitable a company manages its costs (Campbell R.Harvey‚ 2004a). For Sainsbury’s this report will investigate the ratios within
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Next Plc | 2011 | 2010 | PerformanceGross Profit | 1008.7/3453.7 = 29.21% | 996.9/3406.5 = 29.26% | Operating Profit | 574.8/3453.7 = 16.64% | 529.8/3406.5 = 15.56% | ROCE | 574.8/(232.4 + 727) = 59.91% | 529.8/(133.4+802) = 56.63% | Asset Turnover | 3453.7/(232.4+727) = 3.60 times. | 3406.5/(133.4+802) = 3.64 | LiquidityCurrent Ratio | 1067.3/832.9 = 1.3:1 | 1041.2/758.1 = 1.4:1 | Quick Ratio | (1067.3 – 368.3)/832.9 = 0.84:1 | (1041.2 – 309)/758.1 = 0.97:1 | Inventory Days
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surface. Another reason I have decided to draw comparisons between these organisations is because I have always wondered how Tesco Plc made it to the top of the retail market and how they managed to surpass all competition along the way‚ such as J Sainsbury Plc. 4.0 Findings 5.9 Stakeholders within the two organisations: Stakeholder | Tesco PLC | Sainsbury’s PLC | Customers | Yes | Yes | Employees | Yes | Yes | Suppliers | Yes | Yes | Investors (shareholders) | Yes | Yes | Local Community
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NYIT School of management Report CASE STUDY 22: VICTORIA CHEMICALS PLC(A) CAPITAL BUDGETING DECISIONS SUBMITTEDTO: DR.RAJA NAG PREPARED BY: SEVTAP BATIR HONEY MEHTA JUN HUANG NYIT School of management Report CASE 22 Victoria Chemical In 2007‚ Victoria Chemicals experienced a significant drop in its improve its performance as its earnings had fallen 38% from 250 pence per share to 180
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Importance of Boundaries Professional boundaries in social work and other helping professions provide limits in therapeutic relationships‚ but boundaries are also important in other kinds of relationships. Depending on one’s upbringing and experience‚ setting boundaries in relationships may be easier for some people to set than others. All healthy relationships have boundaries. This is the line where one person ends and someone else begins. Boundaries in relationships can be likened to boundaries around
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Case Study: Samantha Case Study: Samantha Samantha is a 48-year-old African American elementary school teacher who has been married four times. She was first married to her high school sweetheart at the age of 18. He died three years later in the Vietnam War. She married her second husband seven years after that‚ but the marriage ended in divorce‚ when it was discovered that her husband was gay. Her third marriage was to a man who was 10 years her junior and that
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parents choose to be carefree and not be strict with their children while others tend to set many boundaries. Some just have a reasonable number of boundaries for their children. Know matter which way a parent chooses to raise their child there are going to be effects on the children. Most parents try to find a happy medium and teach their children lessons by having a reasonable number of boundaries. The effects of being more laid back as a parent make the children responsible‚ makes them learn
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Dual Relationships and Boundaries University of Phoenix Professor Rawls PSYCH 545 September 2012 Abstract The purpose of this paper is to examine dual relationships and boundaries. Scenarios are presented in class‚ these scenarios deal with different types of dual relationships. The objective for this assignment was selecting one for examination. After a scenario is selected the concept of the dual relationship is evaluated. In this evaluation the concept of dual relationships
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my roommate gave on the K-T Boundary. This analysis will consist of the background of the speech‚ Toby’s behaviors‚ and the audience. Without context a speech is meaningless. The context includes the preexisting conditions and the content of the speech. Yesterday I asked my roommate‚ Toby Briggs‚ if he wanted to give a short speech on any topic he chose. He was beyond interested in giving a speech of his choosing. Without delay‚ he chose the topic of the K-T boundary. Toby went
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