totaled $400‚000. Because the university’s enrollment is capped‚ EBIT is expected to be constant over time. Because no expansion capital is required‚ CD pays out all earnings as dividends. Assets are $2 million‚ and 80‚000 shares are outstanding. The management group owns about 50% of the stock‚ which is traded in the over-the-counter market. CD currently has no debt—it is an allequity firm—and its 80‚000 shares outstanding sell at a price of $25 per share‚ which is also the book value. The firm’s federal-plus-state
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The traditional approach of financial management was all about profit maximization.The main objective of companies was to make profits. The traditional approach of financial management had many limitations: 1.Business may have several other objectives other than profit maximization.Companies may have goals like: a larger market share‚ high sales‚greater stability and so on.The traditional approach did not take into account so many of these other aspects. 2.Profit Maximization has to defined after
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Management of Banks and Financial Institutions CIA-2 Asset Liability Management Management of Assets and Liabilities by Banks [pic] Submitted By: Paul George 0921420 Caroline 0921440 Poornima 0921449 Sonal 0921454 Anvin 0921459 Meaning of ALM ALM is an attempt to match Assets and Liabilities‚ in terms of Maturities and Interest Rate Sensitivities‚ to minimize Interest Rate Risk and Liquidity Risk. • ALM can be termed as
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Zamorano‚ Fernando English 67 04/08/13 Summary 1 Part 1 I was interested in The Grandfather. It revealed my only early childhood living on Eastern Ave. in East Los Angeles. At that time‚ I was still lucky to have my own grandfather who was my mother’s father. I was aware that some of my young friends were missing an immediate family member so I felt grateful he was still alive. In this chapter‚ Gary Soto describes his grandpa as the usual Mexican male figure of the house; a hard worker that
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AXIS BANK LTD. | PRICE QUOTES | | Industry: Finance - Banks - Private Sector | Chairman / Chair Person: Adarsh Kishore | ISIN No | INE238A01026 | 52Week High | 1609 | Book Value | 391.36 | Face Value | 10.00 | BSE Code | 532215 | 52Week Low | 965 | EPS | 61.32 | P/E | 21.16 | NSE Code | AXISBANK | P/BV | 3.31 | Div Yield | 0.93 | Market Cap. | 53196.68 | | | Stock prices are delayed by 15 minutes. | | | Price Quotes | BSE | NSE | Last Traded Price | 1‚298.10 | 1
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Costs – expenses that vary proportionately with changes in output. Sunk Costs – expenses already incurred that have no salvage value Opportunity Costs – profits lost when one alternative is chosen over another that would have provided greater financial benefits. Avoidable Costs – expenses resulting from poor productivity incurred if an investment is not made. Out-of-Pocket Costs – actual cash flow associated with a particular alternative. Cost of Capital – usually expressed as percentage rate
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the importance of financial planning Assess the information needs of different decision makers Explain the impact of finance on the financial statements 3. Making Financial Decisions Based on Financial Information Analyse budgets and make appropriate decisions Explain the calculation of unit costs and making pricing decisions Assess the viability of a project using investment appraisal techniques 4. Evaluate the Financial Performance of a Business Discuss the main financial statements Compare
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necessities of life. The task of personal financial management is the key element to getting and keeping money. Personal financial management is essential because it helps prepare for your future‚ saves money‚ and it gives you control over your money. Primarily‚ financial management helps you prepare for your future. People must know that in life‚ the unexpected happens. It is best that you plan for the unexpected so that when it occurs you are ready. Financial management provides a safety net for those
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CHAPTER 10 ANSWERS TO REVIEW QUESTIONS 9-1 Once the relevant cash flows have been developed‚ they must be analyzed to determine whether the projects are acceptable or to rank the projects in terms of acceptability in meeting the firm ’s goal. 9-2 The payback period is the exact amount of time required to recover the firm ’s initial investment in a project. In the case of a mixed stream‚ the cash inflows are added until their sum equals the initial investment in the project. In the case of
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Unit 6.8 Financial Decision Making for Managers London Churchill College Programme: Unit Number and Title: Unit Level: Module Tutor: Email: Date Set: ATHE- Level 6- Diploma in Management 6.8 Financial Decision Making for Managers 6 Chisomje Ezeaku c.ezeaku@londonchurchillcollege.co.uk 23/09/2013 Learner’s name and statement of authenticity Learner’s Name: …………….. Learner’s ID: Date handed-in: I certify that the work submitted for this assignment is my own. Where the
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