Corporate Finance Nike‚ INC: Cost of capital 1. What is the WACC and why is it important to estimate a firm’s cost of capital? Do you agree with Joanna Cohen’s WACC calculation? Why or why not? Definition of WACC (Weighted Average Cost of Capital): WACC is basically the average of the cost of finance (debt and equity). Since a company’s assets can be financed by debt or equity‚ WACC can show the averages of the costs involved in the sources of financing. These costs are then weighted
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INTRODUCTION Louis Vuitton has prided itself in its tradition and longstanding commitment to thousands of peoples lifestyles for over a century and a half. Right from its origins as a trunkmaker‚ Louis Vuitton has always been a trendsetter‚ progressively developing a range of luxury products consistent with the brand ’s values. This creativity entered an exciting new realm in 1998 when Mark Jacobs joined the firm as the Artistic Director. The French origin of Louis Vuitton swiftly became an international
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Abstract: Absolut Vodka is one of the best-selling imported vodkas in the U.S. In 2005‚ it was the third largest spirits brand in the world. Despite being one of the top brands‚ its market share fell‚ though the sales of imported vodkas in the US had risen. After Absolut vodka’s entry into the US in 1979‚ many vodka brands have been launched. Now‚ in 2006‚ the Absolut brand is starting to feel the pressure from competing brands such as Grey Goose‚ Smirnoff‚ Ketel One and Belvedere. The parent
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Summary of Individual Presentation IB091 袁齐琦 20090301258 Introduction: Sephora is a visionary beauty-retail concept founded in France by Dominique Mandonnaud in 1970. Sephora provides a broad range of product categories including skincare‚ color‚ fragrance‚ body‚ smilecare‚ and haircare‚ in addition to Sephora’s own private label. It operates approximately 1‚300 stores in 27 countries worldwide. It has offline stores as well as a 24-hour online store. Sephora in China: 1. A brand new way
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firm’s bond‚ Johanna only used the interest expense of the year divided by the average debt balance‚ which fully ignored the discounted cash flow of the cost of debt. 2. If you do not agree with Cohen’s analysis‚ calculate your own WACC for Nike and be prepared to justify your assumptions. Combining the analysis above‚ we now give our own WACC calculation as following: 2.1 The value of debt(based on EXIHIBIT 3). Since the book value of debt may represent the market value‚ we merely
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BUSINESS ADMINISTRATION CASE STUDY – NIKE CSR (page 70) 1. In referring to the opening profile and the closing for this chapter‚ discuss the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world? Answer: There are 5 challenges related to CSR: a. Lack of awareness and benefit of CSR In fact‚ many of companies have little knowledge about CSR. In some cases‚ companies may have a greater understanding of CSR
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KENDRIC EMBREE APRIL 10‚ 2015 MARKETING MANAGEMENT PROFESSOR SCOTT ECKERT Why are we developing a new IMC campaign? What is the problem? Dolce and Gabbana is a world wide international fashion design company whose unmistakable style combines strong innovation with Mediterranean origins. With stores across the nations and a very impressive consumer base‚ Dolce and Gabbana is a force within the fashion industry. Recently‚ the designers came under huge controversy from an interview which
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Ahahxjahafafaghhhh hgh h h I I I I I I ight hb dishes a HSN® Official Site - HSN.com Adwww.hsn.com/ Find Top Brands‚ Great Prices on Your Mobile Device Today & Save! Rating:Selection 8.5/10 247‚099 followers on Google+ Recently Aired on TVAppreciation Month DealsTech Deals: Now Thru-4/30Today’s Special Did you mean: hsn Search Results Hsizn - More Words www.morewords.com/word/hsizn/ No words found in this wordlist when searching for hsizn. No direct (one word) anagrams for hsizn found
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Howard V. Perlmutter (1985)‚ "Strategic Planning for a Global Business‚" Columbia Journal of World Business‚ 20 (2)‚ 3-10. DeTienne‚ Kristen and Lee Lewis (2005)‚ "The Pragmatic and Ethical Barriers to Corporate Social Responsibility Disclosure: The Nike Case‚" Journal of Business Ethics‚ 60 (4)‚ 359-376. Devlin‚ Godfrey and Mark Bleackley (1988)‚ "Strategic Alliances--Guidelines for Success‚" Long Range Planning‚ 21 (5)‚ 18-23. Dussauge‚ Pierre and Bernard Garrette (1999)‚ Cooperative Strategy: Competing
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Nike is a major publicly traded sportswear‚ footwear and equipment supplier based in the US which was founded in 1962 originally know as Blue Ribbon Sports. Nike is the world leader in the manufacturing of sportswear and gear with more than 47 market shares across the global (Nike.com‚ 2011). Nike produces a wide range of sports equipments such as running shoes‚ sportswear‚ football‚ basketball‚ tennis‚ golf‚ etc. Now Nike follows the global fashion trends and is well known and popular in the
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