Case Solutions Corporate Finance Ross‚ Westerfield‚ and Jaffe 9th edition CHAPTER 2 CASH FLOWS AT WARF COMPUTERS The operating cash flow for the company is: (NOTE: All numbers are in thousands of dollars) OCF = EBIT + Depreciation – Current taxes OCF = $1‚332 + 159 – 386 OCF = $1‚105 To calculate the cash flow from assets‚ we need to find the capital spending and change in net working capital. The capital spending for the year was: | |Capital spending
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CAPITAL BUDGETING PROBLEMS: CHAPTER 11 Answers to Warm-Up Exercises E11-1. Categorizing a firm’s expenditures Answer: In this case‚ the tuition reimbursement should be categorized as a capital expenditure since the outlay of funds is expected to produce benefits over a period of time greater than 1 year. E11-2. Classification of project costs and cash flows Answer: $3.5 billion already spent—sunk cost (irrelevant) $350 million incremental cash outflow—relevant cash flow $15 million per year cash
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Solutions to Chapter 10 Introduction to Risk‚ Return‚ and the Opportunity Cost of Capital capital gain + dividend ($44 − $40) + $2 = = 0.15 = 15.0% initial share price $40 1. Rate of return = Dividend yield = dividend/initial share price = $2/$40 = 0.05 = 5% Capital gains yield = capital gain/initial share price = $4/$40 = 0.10 = 10% 2. Dividend yield = $2/$40 = 0.05 = 5% The dividend yield is unaffected; it is based on the initial price‚ not the final price. Capital gain = $36 – $40
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CHAPTER 8 Political Participation Objectives This chapter reviews the much-discussed low voter turnout and the poor percentage of other forms of political participation in the United States. After reading and reviewing the material in this chapter‚ the student should be able to do each of the following: 1. Explain why the text believes that the description‚ the analysis‚ and many of the proposed remedies for low voter-turnout rates in the United States are generally off base. 2. Compare the ways
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11/10/2014 Viviana Montalti. Period 6. Chapter 8:Assessments 1. MAKING GENERALIZATIONS How would you describe the Iroquois people before Hiawatha? After Hiawatha? Before Hiawatha‚ the Iroquois lived in longhouses. The men haunted and were warriors who protected the community. Women owned the dwellings‚ gathered wild plants‚ and grew crops. They also cooked‚ made baskets‚ and cared for the children. Wars were common. After Hiawatha‚ an alliance was created of five groups called the Iroquois League
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Chapter 5 REVIEW QUESTIONS 1. How did the described volcanoes in Iceland and the Philippines change the environment to lesser or greater extents? 2. Name and describe the attributes of the two categories into which all organisms can be divided based on how they obtain nutrition. All organisms can be divided into autothrops‚ which produce their own food‚ and heterothrops‚ which need to get their food from somewhere else. 3. Name and describe the roles of the three main trophic categories that make
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CHAPTER 12 Intangible Assets ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions 1. Intangible assets; concepts‚ definitions; items comprising intangible assets. 1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 7‚ 8‚ 9‚ 10‚ 11‚ 12‚ 13‚ 14 2. Patents; franchise; organization costs; trade name. 9‚ 10‚ 13‚ 14‚ 25 3. Goodwill. 4. 5. Brief Exercises Exercises Concepts Problems for Analysis 1‚ 2‚ 3‚ 5‚ 6 1‚ 2‚ 3‚ 4 1‚ 2‚ 3 1‚ 2‚ 3‚ 4‚ 5‚ 7‚ 12‚ 13 4‚ 5‚ 6
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The Consumer Society‚ Chapter 8 – Jean Baudrillard The Finest Consumer Object: The Body Fetish (Baudrillard‚129. Para 3) - Social conditioning to create attraction towards a person‚ place‚ or an object Hedonistic (131‚ para 2)- a person whose life is devoted to the pursuit of pleasure and self-gratification. Athleticism (132‚ para 3) - Characterized by or involving physical activity or exertion; active: Somatisation (140‚ para 1) - dysfunctional symptoms
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Chapter 8- By the River 1.The fact that Siddhartha goes into the forest and eventually becomes unconscious beside a river signifies his physical weakness due to fatigue and hunger. He didn’t have any purpose but had painful longing to shake off the confused dream and end this painful life. 2. The image that Hesse uses to show that Siddhartha is overcome by sadness and guilt are to reflect the terrible emptiness in his soul through the cold emptiness in the water. His practice of pronouncing Om inwardly
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CHAPTER 21 Accounting for Leases ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions Brief Exercises Exercises Problems Concepts for Analysis *1. Rationale for leasing. 1‚ 2‚ 4 1‚ 2 *2. Lessees; classification of leases; accounting by lessees. 3‚ 5‚ 7‚ 8‚ 14 1‚ 2‚ 3‚ 4‚ 5 1‚ 2‚ 3‚ 5‚ 7‚ 8‚ 11‚ 12‚ 13‚ 14 1‚ 2‚ 3‚ 4‚ 6‚ 7‚ 8‚ 9‚ 11‚ 12‚ 14‚ 15‚ 16 1‚ 2‚ 3‚ 4‚ 5‚ 6 *3. Disclosure of leases. 19 2‚ 4‚ 5‚ 7‚ 8 2‚ 3‚ 5 *4. Lessors;
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