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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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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TOPIC – Globalisation INTRO – FOCUS ON THE INTERNET? OR JUST TECHNOLOGICAL ADVANCEMENT? – Explore both sides and end with my conclusion... or better to pick a side?yeah well lets go nyeah well lets go n The impacts of globalisation are complex and multidimensional and have been intensely debated in the academic literature. Likewise‚ globalisation and its impacts have also gained attention in relation to the mass media‚ yet findings on the ways in which media globalisation has impacted Australian
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IS INDUSTRIAL ADVANCEMENT THE REAL ADVANCEMENT ? ? Harsh Vardhan Jain Asst. Professor‚ Institute of Engineering and Technology‚ Devi Ahilya University‚ Indore‚ INDIA Email: harsh_84@rediffmail.com Mob.: 09977299177 Sujata Saxena Lecturer IIPS-DAVV‚ Indore‚ INDIA Email: sujata.saxena.iips@gmail.com Mob.: 09827299036 IS INDUSTRIAL ADVANCEMENT THE REAL ADVANCEMENT? Harsh Vardhan Jain‚ Sujata Saxena ABSTRACT Certainly the Industrial Advancement is taking place‚ but along with Industrial
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Nowadays‚ it is almost taken for granted that the industrial revolutions are the result of changing technology and the proper application of that in the industrial production. However‚ from my point of view‚ these two factors did play a vital role in stimulating industrial revolutions‚ but they were not the only catalyzer propelling monumental development in industry. Influentially‚ the improvements in organizations of politics‚ social patterns‚ commerce‚ finance‚ and transportation also
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How significant is the concept of time as a way that we classify society? Explain some different cultural notions of time. The concept of time is not universally defined; it is a socially constructed entity‚ as different cultures in the world interpret time in different ways. So‚ do we share time? We all live in the present‚ but do all cultures in the world view the past and the future as holding the same level of importance? In a globalised world it is easy to synchronize clocks‚ but is synchronizing
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The effects of globalization on local culture In the past people said it is impossible to know about things that happen in any part of the same area. They think if it happens it will be magic. Nowadays the magic has become true. It is so easy to know about any event that happens in any part of the world at the same time! This is globalization‚ and it makes the big world like a small village without national borders but with the same language and laws‚ to make communication between people easier
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4rzxtdKristian Irizarry 2/26/13 sociology Different structures of society There are six different types of society. Hunting-gathering‚ pastoral‚ horticultural‚ agrarian‚ industrial‚ and post-industrial. They all have differences and similarities. The most contrasted are Hunting-gathering‚ industrial‚ and pastoral. In my essay I will explain how these three societies are different and similar. First off‚ is Hunting-gathering. They tend to have small populations depending on the resources
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European History DBQ The Industrial Revolution is responsible for modern society. A lot of scientific breakthroughs and modern developments would not have been possible without the Industrial Revolution. The train was built‚ the light bulb invented. Ideas were now spreading across the world. Marxism. Socialism. Capitalism. The Industrial Revolution was a new era. However‚ the question is still raised: did the Industrial Revolution improve life in Great Britain? The Industrial Revolution improved
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