UV0010 NIKE‚ INC.: COST OF CAPITAL On July 5‚ 2001‚ Kimi Ford‚ a portfolio manager at NorthPoint Group‚ a mutual-fund management firm‚ pored over analysts’ write-ups of Nike‚ Inc.‚ the athletic-shoe manufacturer. Nike’s share price had declined significantly from the beginning of the year. Ford was considering buying some shares for the fund she managed‚ the NorthPoint Large-Cap Fund‚ which invested mostly in Fortune 500 companies‚ with an emphasis on value investing. Its top holdings included ExxonMobil
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University of Rhode Island Making Good First Impressions When Introducing Yourself Making Good First Impressions When Introducing Yourself First impressions are a crucial factor in determining how a person judges you and what their overall opinion is of you. According to Merriam-webster.com‚ an impression is the effect or influence that something or someone has on a person’s thoughts or feelings. When walking into a job interview‚ first impressions are a major factor in
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MARKETING MANAGEMENT STUDY CASE FOOTBALL BETWEEN NIKE AND ADIDAS INTENSIFIES OFF PITCH Feriani (0000006978) Teguh Prabowo (0000006985) A. Executive Summary Nowadays the revolution of the football boot has taken a dramatic shift. The battle of the brands has begun and it is claimed ‘football will never be the same again’. That was the bold statement delivered by Nike‚ who countered the release from rivals Adidas. Just hours ahead of the American sports giants’ multi-million
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step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act. 1. Remove the front cover of the workbook and identify: Student Name: Jackeline S. Gonzalez | Term: | Selected Company: NIKE Inc. | Instructor: | 2. Print your completed electronic template. 3. Attach the following: * This page completed with all required information. * Completed Word template. Template boxes expand as you input responses
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Nike‚ Inc.: Cost of Capital EXECUTIVE SUMMARY Kimi Ford‚ a portfolio manager of North Point Group a large mutual fund management firm‚ is looking into the viability of investing in the stocks of Nike for the fund that she manages. Ford should base her decision on data on the company which were disclosed in the 2001 fiscal reports. While Nike management addressed several issues that are causing the decrease in market sales and prices of stocks‚ management presented its plans to improve and
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Joanna Cohen’s WACC calculation because she mistakenly used historical data to estimate the future cost of debt. Joanna calculated the cost of debt by taking the interest expense for 2001 and dividing it by the average debt balance. The cost of debt for Nike is the effective rate that it pays on its current debt‚ meaning the yield to maturity of bonds should be used to make an estimate instead of the average debt balance. Through the use of past data‚ the average balance of debt‚ the 4.3% before-tax cost
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Summary of Nike Case 张朦 袁潇 钟毅 张希圆 Nike is nowadays one of the world’s largest suppliers of athletic shoes and apparel and a major manufacturer of sports equipment accessories and services. In 2001‚ Nike’s share price declined to $42.09 on July 5. The unexpected fall in share price captures the NorthPoint Large-Cap Fund’s attention. The fund manager of this mutual fund‚ Kimi Ford‚ concerns whether it is the time to put Nike into the portfolio. On July 5‚ 2001‚ Nike discloses its fiscal year
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Track Record of Nike How have Materialist economies shaped the social development and standard of living? Alec McLeod-Toussaint -28575534479500 Guide question Describe the gap between the developed and the developing nation in terms of their respective level of development. America’s human development index is 0.937 whereas Indonesia ‘s human development index 0.629 What is your selected ‘issue’ and which countries are most affected‚ both positively and negatively by it? Nike and the countless
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The Value of Organizational Values What’s the value in values? Organizational values define the acceptable standards which govern the behaviour of individuals within the organization. Without such values‚ individuals will pursue behaviours that are in line with their own individual value systems‚ which may lead to behaviours that the organization doesn’t wish to encourage. In a smaller‚ co-located organization‚ the behaviour of individuals is much more visible than in larger‚ disparate ones
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Is Nike Worth the Buy? Thomas Senyard Issue It has been a week since Nike’s analyst meeting in which management unveiled a plan to revitalize the company. Kimi Ford wonders‚ is Nike a good buy for her mutual fund? Background Nike’s recent market share has been declining. The new strategy that management introduced plans to develop a better mid-priced shoe‚ to push their apparel line and to put more effort into expense control. Lehman Brothers say that Nike is a strong buy‚ but UBS
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