Nike Case Study By Mark Colasurdo‚ Andrew McMullen‚ Jonathan Burd‚ Gaoxing Feng‚ and Jie Leng Background: Kimi Ford‚ a portfolio manager at North Point Group‚ is looking into the profitability of investing in the stocks of Nike for her fund that she manages. She is supposed to base her decision the company’s data which was disclosed in the 2001 fiscal reports. While Nike management had addressed several issues that are causing the decrease in market sales and stock price‚ management presented
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Issue In this assignment‚ we are asked to compute the WACC of Marriott Corporation and each of the company’s three divisions. Our approach is outlined in the next section. We made a series of assumptions regarding either the available data or the missing information. This has been explained below‚ in a separate section. Approach We applied the following formulae to calculate the WACC: Our assumptions are explained in the next section. The table below presents the approach for calculations
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Marcus Simon Marketing Management June 19‚ 2012 Dr. Turner Clearwater Technologies Clearwater Technologies‚ Inc. was a small‚ publicly traded technology firm outside Boston. It was founded by four MIT graduates. They saw an opportunity in a market and felt that they could run a company that could meet the needs of a market that larger firms ignored. Clearwater Technologies was the leader in customer relationship management servers for sales forces of small-to medium-sized companies. The
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previous revenues have grown at an annual rate of 10% and its stock price regularly outperforms the S&P 500 as well the industry index. It is a conservatively financed firm with total assets of $1.76 billion and zero debt as of 2001. The purpose of this case study revolves around how should they use a $3 billion debt issue to restructure its capital that would add the most value for the shareholders of Wrigley. The decision of how to use the debt will impact the firm’s stock price‚ cost of capital‚ debt
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ABC Exercises 1. ABC versus traditional costing. Euro Tech Corporation produces two types of audio cassettes: standard and high-grade. The standard cassettes are used primarily in answering machines and are designed for durability rather than accurate sound reproduction. The company only recently began producing the higher-quality‚ high-grade model to enter the lucrative music-recording market. Since the new product was introduced‚ profits have been steadily declining‚ although sales of the high-grade
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most. I had to calculate the WACC of the firm for the various credit ratings. In order to accurately calculate this‚ I had to incorporate the repurchase of shares and add the newfound debt to the total debt from 2001. The project debt used by the corporation didn’t factor in the repurchase of shares and therefore it was calculated wrong. To help me solve the equation for the best WACC‚ I had to make some basic assumptions about the case. For starters‚ as shown in case‚ I decided to use a 37% tax
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3/19/2015 ASSISTANTS 3 TWO SQUARE CENTRE (Section 14 & 19) | Job at KUMON Centres Login | Sign up ASSISTANTS 3 TWO SQUARE CENTRE (Section 14 & 19) Job at KUMON Centres JOB DESCRIPTION Mark and record worksheets Pick and pack worksheets for next class days Assist to observe and guide students Any administrative tasks as assigned Login to view salary Entry Level Malaysia Selangor Petaling Jaya COMPANY SNAPSHOT Average Processing Time More Than 2 Weeks Registration No
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1.1 Explain the sequence and rate of each aspect of development from birth –19 years Children’s development for each age can be divided into fiver different aspects: Physical; Communication and Language; Intellectual and Cognitive; Social‚ Emotional and Behavioural and‚ from the age of 3 years Moral Development. Birth – 3 weeks Full term babies are born at around 40 weeks; if they are born more than 3 weeks before the due date they are classed as premature and will then be expected to
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FBE 421 Marriott Corporation ------------------------------------------------- Introduction Founded in 1927‚ Marriott Corporation has become one of the leading food service companies in the United States. As of 1987‚ Marriott recorded a profit of $233 million on sales of $6.5 billion and retained a high sales growth rate of 24%. Marriott runs on three major lines of business lodging‚ contract services‚ and restaurants. Lodging division which includes 361 hotels generated 41% of 1987 sales
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importance of flight frequency. Calculation of Market Debt to Equity‚ Debt to Value‚ Equity to Value Ratios * Assumption: market and book value of debt are the same Market value of equity in EADS: (18.35)*(807‚157‚667) = 14.8 billion -Case states 16 billion; roughly the same but we will use 16 Book Value Debt EAD: 5.6 billion Debt/Value: .26 1.0 Euro = .6209 pounds sterling Market value of equity in BAE: (382p/100p/pound)*(1‚876‚000‚000) = 7.2 billion pounds 7.2 billion pounds
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