DELUXE CORPORATION Contents Section 1: DELUXE Corporation 1.1. 1.2. 1.3. 1.4. Company Business Overview Macro-Evironment & Industry SWOT Analysis Porter’s Five Forces Section 2: Business & Strategy Risks / Financing Requirements Section 3: Main Objectives of the Financial Policy Section 4: Financial Flexibility – Cost of Capital Section 5: Is Deluxe’s Current Debt Level Appropriate ? Section 6: FRICTO Analysis Section 7: Conclusion - Recommendations 2 Section 1: DELUXE
Premium Weighted average cost of capital Finance Corporate finance
lastly any other issues. So‚ firstly look into the target bond rating‚ in our opinion DC needs to position itself to obtain a AAA rating. At AAA grade bond rating shows that AAA bond rating is higher in unused debt capacity so at AAA bonds rating Deluxe company has a lower unused debt capacity. So‚ that means if the shareholders start to sell‚ this company may not rebound since it is in a dying industry. The company will be an acquisition target by growing electronic payment companies because of
Premium Bond Finance Stock
DELUXE Corporation Teaching Note Synopsis and Objectives Suggestions for complementary cases in capital structure choice and financial flexibility: “The Wm. Wrigley‚ Jr. Company: Capital Structure‚ Valuation‚ and Cost of Capital‚” (Case 34); “Rosario Acero S.A.‚” (UVA-F-1211); “Gainesboro Machine Tools Corporation‚” (Case 26) In July 2002‚ an investment banker advising Deluxe Corporation must prepare recommendations for the company’s board of directors regarding the firm’s financial
Premium Stock Finance Bond
Arts Appreciation 1 October 2015 Arch of Titus The Arch of Titus is an amazing architectural creation built in Rome. The arch itself has such beauty and intricate designs that it makes you wonder just what the person who built it was thinking. This Roman piece of artwork is what will be discussed‚ as we investigate the reasons why it was built‚ when it was built‚ the person behind the piece of artwork‚ and the structural integrity of the arch as a whole. The Arch of Titus was built in 81 CE by Domitian
Premium Ancient Rome Roman Empire Rome
Gateway Arch: The Westward Experience Situated downtown on the riverfront in St. Louis‚ Missouri‚ sits The Gateway Arch‚ a grand‚ luminous‚ stainless steel monument that symbolizes Missouri’s role as the ‘Gateway to the West’. Overlooking the Mississippi River‚ the Arch is a popular tourist attraction and one of the most well known landmarks in Missouri. Each year four million visitors come to lay eyes on this world famous structure. I will elaborate on the Arch’s significance‚ history‚ and
Premium
to venerate Constantine’s grand conquest‚ the Senate of Rome honored him with a triumphal arch just 3 years later. This arch is said to be the oldest obtainable arch in Rome made with spolia (See fig.1). The arch‚ positioned in the valley of the Colosseum between the Palatine Hill and the Colosseum‚ is the largest of only three arches to endure in Rome today. Several of the attractive sculptures on the Arch of Constantine were taken and included from other monuments. For example‚ the eight roundels
Premium Rome Roman Empire
The Arch of Constantine from the start caught my interest‚ right by its name – Architectural works done during the time of Constantine have always had the capability of leaving me speechless from its beauty and intricate design to have been able to stay in one piece for so long. When I actually looked a bit more into the Arch of Constantine‚ from learning about what it was made with along with the history of why it was made. The arch has a beautiful structure; its design is mainly based around symmetry
Premium Roman Empire Ancient Rome Rome
History of Ancient Rome and Italy The Arch of Titus Studying abroad in Rome as a Christian has been one of the most influential experiences so far. Not only religiously since Rome is known as the capital of Christianity‚ but historically because of I had the chance to see in person the most important monuments and buildings that commemorated the power of the Roman Empire. A symbol of historical‚ and religious power can be found at the Arch of Titus. The arch is a monument built by Roman Emperor
Premium Ancient Rome Roman Empire Rome
Domitian‚ orchestrated the construction of the arch as a tribute. This arch is still standing today and is called the Arch of Titus. It resides on the Velia‚ which is on top of the Via Sacra (Becker‚ n.d). This paper will analyze the Arch of Titus in its historical and artistic context. When people come to face the Arch of Titus‚ they are met with the inscription “SENATVS
Premium Roman Empire Ancient Rome Rome
Arch Communications Analysis of a Security Valuation Derek Webb‚ Darryl Kraemer Agenda • • • • • • • • Background Strategy Analysis Accounting Review Ratio Analysis Cash Flow Analysis Forecasting Review Valuation Post Script Background Background • Arch Communications Group Inc. founded in 1986 • 3rd largest paging company in USA in 1996 • 3 million subscribers in 1996 • Local‚ regional and nationwide basis • 180 of 200 major metro cities Background • Current
Premium Revenue