Suwanasilp – 3344346 Tu Lan – 3282178 Bo Qiu - 3308317 DAVID JONES - BUSINESS ANALYSIS AND VALUATION May 2012 ASB INVESTMENT RESEARCH T A B L E O F CONTENT 1. EXECUTIVE SUMMARY 2. DAVID JONES’ PROSPECT AND THE RETAIL INDUSTRY 2.1 INDUSTRY ANALYSIS 2.2 COMPANY ANALYSIS 3. ACCOUNTING AND FINANCIAL ANALYSIS 3.1 ACCOUNTING ANALYSIS 3.2 FINANCIAL ANALYSIS 4. FORECAST AND VALUATIONS 4.1 FORECAST ASSUMPTIONS 4.2 COST OF CAPITAL – WACC 4.3 VALUE OF DAVID JONES 5. CONCLUSION 6. REFERENCES AND APPENDIX
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of sculptures‚ one of the first that comes to mind is David. This statue was created of marble between 1501 and 1504 and stands over 14 feet high. David is a symbol that represents strength and anger. The statue had intended political connotations for the ruling of the Medici family. Michelangelo used David as model of "heroic courage" to demonstrate that "spiritual strength can be more effective than arms". Michelangelo insisted that David should stand as a symbol of the republic and act as a
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Comparison of the Davids The statues of David by Michelangelo‚ Donatello‚ Bernini and Verrocchio were representations of a biblical hero the king David of Israel‚ who at a young age killed a warrior Goliath armed with only a stone and a swirl. The four statues are different from each other because they were from different periods and were made from different materials. Each statue is different because of the body posture and clothing choices. All the four statues were made in Italy and that is
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CASE: 1 GEORGE DAVID George David has been CEO of United Technologies Corporation (UTC) for more than a decade. During that time he has received numerous accolades and awards for his performance as a CEO. Under his leadership UTC‚ a $343 billion conglomerate whose operating units include manufacturers of elevators (Otis Elevator)‚ aerospace products (including Pratt & Whitney jet engines and Sikorsky helicopters)‚ air conditioning systems‚ and fire and security systems‚ has seen earnings
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Donatello’s David I have chosen Donatello’s David as the source of analysis for this paper. David was designed and created by Donato di Niccolo di Betto Bardi‚ but he was known as Donatello. Donatello was an early Renaissance Italian painter and sculptor from Florence. He was known for utilizing perspective illusion in his work. David was perhaps one of the greatest sculptor created during the Renaissance period and was also the first large-scale bronze nude statue of that time. David was a nude
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King David was the second king of the United Kingdom of Israel and wrote 78 psalms. In Psalm 8 King David questions God for why man is so important. He also describes how man worships God. King David shows praise and adulation by stressing the importance of Gods creations‚ human beings‚ and his relationship with human beings. Firstly‚ King David emphasizes the importance of Gods creations. God made man ruler of the universe which means man is on earth to protect. Man is very important because
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Dr. David Blackwell is a theoretical statistician noted for his teaching and work in game and probability theory. He is first and only African-American member of the National Academy of Sciences. Blackwell’s research in mathematics and statistics have found application in many fields including economics and accounting. Blackwell grew up in Centralia‚ Ill. His father worked for the Illinois Central Railroad and his mother stayed at home to take care of him and his three siblings. At school‚ he
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0 8 1 R E V : O C T O B E R 2 5 ‚ 2 0 0 6 A N A N T H R A M A N V I S H A L G A U R S A R A V A N A N K E S A V A N David Berman “Inventory - Oh‚ so sweet – It’s what it’s all about!” David Berman‚ founder and general partner‚ Durban Capital L.P.‚ explaining his investment strategy in retail stocks April 11th‚ 2005 David Berman reviewed the macroeconomic numbers on inventory turns as he prepared for his regular appearance on CNBC’s “Squawk Box” as a morning
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1 Logan Tarkowski English III Mrs. Dewar 2/17/2014 Medieval Castles Throughout the Medieval Era there was a need for castles to fit all of the family and royalties that lived in these areas. Medieval castles have been around for a long time and are now apart of our history. They are historical evidence of the past‚ something that can be examined to find out new details about the past. Leftover items in these castles gives us evidence of how they lived inside the castle‚ the architecture shows how they defended and attacked castles
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in David’s tissue? * The loss of plasma proteins would affect the capillary exchange in David’s tissue because it would lead to circulatory insufficiency‚ there’s not enough blood pressure to keep his blood moving throughout his body. F. David has lost blood volume‚ resulting in a drop in blood pressure. His automatic nervous system countered the dropping blood pressure by stimulated vasoconstriction. How does
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