amount of total purchased ordinary shares. Retained earnings are the sum of profit retained in the entity after dividends payout. The share-based payment arises on the grant of share optons to employees and executives under share option plan and the cash flow hedge reserves. (b) Total equity of 775 millions in 2012 and 785 millions in 2011 are reported. (c) The opening contributed capital was $ 525‚105‚000 at 31st July 2011 and $547‚028‚000 at the end of the reporting period. The change in contributed
Premium Generally Accepted Accounting Principles Balance sheet Cash flow
pharmacies use the economic order quantity (EOQ) methodology to establish a benchmark for inventory levels (Beier‚ 1995‚ p. 160). To maximize profitability of hospital pharmacies‚ efficient inventory management is vital. A major cause of insufficient cash flow is acquiring too much inventory. Disproportionate
Premium Income statement Balance sheet Health care
HMTC’s main problem is shortage of cash. Interpretation of Company’s Exhibits Cash flow statement of the company for 9 month period is provided as an attachment. It shows that only 27% of cash is coming from operations. The company’s net operating cash flow is 1.2 million while its current liabilities amount to 4.5 million. This signals a need for the company to raise money to meet its liabilities. Cash outflows of the company reveals that nearly half of the cash (49%) goes to inventory and 45%
Premium Cash flow Dividend Business cycle
Nike Case: An Investment Paper Time Context Nike generated $ 2.45 billion in operating income on revenues of $ 19 billion in the fiscal year ended in May 2009. However‚ its stock price has stagnated or became inactive for the last two years and its future sales and earnings are likely to be adversely affected by increased competition from both established firms (like Reebok and Adidas) and upstarts (such as Underarmour). This business problem made Nike to consider an expansion into the fashion
Premium Net present value Rate of return Investment
is acceptable). Save the document‚ and submit it in the appropriate week using the Assignment Submission button. Chapter 8 Exercise 1: 1. Basic present value calculations Calculate the present value of the following cash flows‚ rounding to the nearest dollar: A single cash inflow of $12‚000 in five years‚ discounted at a 12% rate of return. 12000/(1.12)^5 = $6‚809 An annual receipt of $16‚000 over the next 12 years‚ discounted at a 14% rate of return. 16000[(1.14^12-1)/0.14(1.14)^12] =
Premium Net present value Cash flow Rate of return
your initial wealth and future income to consumption over time? Topic 1: Principles in Finance and Valuation M K Lai Page 3 What is Finance? the allocation of total wealth (initial wealth plus present value of future income‚ measured through cash flows) over time under uncertainty tradeoff between current consumption and future consumption borrowing (liabilities) vs. lending (assets) assets: investment‚ uses of funds‚ future benefits liabilities: financing‚ sources of funds‚ future obligations
Premium Compound interest Financial markets Rate of return
indicate how liquid the firm is. J.B. Chavez Corporation’s current ratio has increased across years from 2008 to 2009 and both years’ current ratio are higher than the industry norm. It shows that the corporation has enough current assets to convert into cash to meet short term obligations. However‚ the quick ratio has decreased across years from 2008 -2009‚ and the ratio is lower than the industry norm. This means that the corporation has kept a lot of inventories which are the least liquid current assets
Premium Generally Accepted Accounting Principles Balance sheet Cash flow
Exam 1 FIN370 Fall 2011 – Version B Key 1. You are analyzing a company that has cash of $2‚000‚ accounts receivable of $3‚700‚ fixed assets of $10‚900‚ accounts payable of $6‚600‚ and inventory of $4‚100. What is the quick ratio? a. 1.48 B. .86 c. 3.30 d. .67 e. .30 BLOOMS TAXONOMY QUESTION TYPE: APPLICATION LEARNING OBJECTIVE NUMBER: 2 LEVEL OF DIFFICULTY: BASIC Ross - Chapter 003 #45 SECTION: 3.2 TOPIC: QUICK RATIO TYPE: PROBLEMS 2. Solomon‚ Inc. has net sales of $745‚100 and costs
Premium Inventory Generally Accepted Accounting Principles Balance sheet
A CASE STUDY ON MINISCRIBE CORPORATION July 6‚ 2012 EXECUTIVE SUMMARY The case subject revolves around MiniScribe‚ a manufacturer of disk storage products that is under the watch list for rumors directed to the firm’s problems with cash flow and inventory. The objective of the report is to come up with a BUY OR DON’T BUY recommendation for Alexander & Ferris using the available financial and qualitative information. The analysis was conducted by deriving additional information from
Premium Balance sheet Income statement Cash flow
2) Dividend per share grows at 1% 3) Keep dividend per share constant at $2.46 4) Cut dividend by 30% and repurchase 10 million shares each year after the cut Recommendations: We recommend FPL to cut dividend by 30% in order to free up more cash to facilitate its growth and fight the upcoming competitions‚ and repurchase 10 million shares each year after the cut to offset the negative signaling impact. Analysis: 1) Industry Overview The generation‚ transmission‚ and distribution of electricity
Premium Electricity generation Cash flow Stock