NBER WORKING PAPER SERIES PROFITABILITY OF MOMENTUM STRATEGIES: AN EVALUATION OF ALTERNATIVE EXPLANATIONS Narasimhan Jegadeesh Sheridan Titman Working Paper 7159 http://www.nber.org/papers/w7 159 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 June 1999 This paper has benefited from the excellent research assistance of Fei Zou and helpful comments from the participants of finance workshops at Indiana University and the University of Texas. All opinions expressed
Premium Arithmetic mean Rate of return Stock market
140 SU 3: Profitability Analysis and Analytical Issues QUESTIONS 3.1 Profitability Ratios Questions 1 and 2 are based on the following information. The financial statements for Dividendosaurus‚ Inc.‚ for the current year are as follows: Balance Sheet Cash Accounts receivable Inventory Net fixed assets Total $100 200 50 600 $950 Accounts payable Long-term debt Capital stock Retained earnings Total $140 300 260 250 $950 1. Dividendosaurus has return on assets
Premium Dividend Stock market Generally Accepted Accounting Principles
summary: The case discusses the major strategies adopted by Pepsi Co (Soft drinks & snack food major) to enter the Indian market in the late 1980s. Initially the company found it very hard to sell itself to the Indian government as the Indian economy was highly regulated. So to lure Indian government Pepsi Co made promises of working towards enrichment of the rural economy Punjab by getting involved in the agricultural activities. Pepsi Co also made several promises to make its proposal look very
Premium Coca-Cola Soft drink Marketing
shareholders with USD 8 billion was returned to shareholder. (Source: PepsiCo Website) 19 brands generating more than USD 1 billion revenue Pepsi is positioned to win in the long term. (Source: Pepsi Annual Report 2010) The underlying performance of Pepsi remained solid despite a challenging macroeconomic environment. A strong performance was delivered by Pepsi with growth in revenues along with increase in net income ensured sustainable performance. For detailed financial analysis please refer
Premium Strategic management Strategy map Balanced scorecard
10/Oct/2012 Author: Bin Liu | ID #: U1037223 | Assignment # 2 | A Completed Analysis of Marketing Plan for Pepsi New Zealand | Executive Summary This paper presents a completed marketing plan/analysis for Pepsi in order to assist it regain its “second leader” position in the soft drink market in New Zealand. The first half of this paper shows the situation analysis of Pepsi. In particular‚ the internal analysis focuses on the power of suppliers‚ buyers‚ new entrants‚ and product substitutes
Premium Coca-Cola Pepsi Soft drink
Pepsi vs Coca Cola For more than a century‚ Coca Cola and PepsiCo have been the major competitors within the soft drink market. By employing various advertising tactics‚ strategies such as blind taste tests‚ and reward initiatives for the consumer‚ they have grown to become oligopolistic rivals. In the soft-drink business‚ “The Coca-Cola Company” and “PepsiCo‚ Incorporated” hold most of the market shares in virtually every region of the world. They have brands that the consumers want‚ whether it
Premium Coca-Cola Pepsi Cola
and firms’ performance in emerging markets: The case of Jordan. 1-25. Akinlo and Olufisayo‚ O. (2011). The effect of working capital on profitability of firms in Nigeria: evidence from general method of moments (GMM). Asian Journal of Business and Management Sciences‚ Volume 1‚ Number 2‚ 130-135. Al-Debi’e‚ M. M. (2011). Working capital management and profitability: The case of industrial firms in Jordan. European Journal of Economics‚ Finance and Administrative Sciences‚ Volume 36‚ 75-86. Azam‚ M
Premium Regression analysis Accounts receivable Generally Accepted Accounting Principles
employees. PepsiCo brands are available in nearly 200 countries and territories. Many of PepsiCo’s brand names are over 100-years-old‚ but the corporation is relatively young. PepsiCo was founded in 1965. Pepsi Co is one of the largest companies in the beverage industry. The market share of the Pepsi is first to Coca Cola. About 39% of the worlds market the products of PepsiCo control share. In Asia‚ they selected Lahore to make their regional office. This was done in 1970. This regional office is
Premium Pepsi Coca-Cola Cola
COLA WARS CONTINUE: COKE AND PEPSI IN 2006 The case is about the rivalry between two of the biggest companies in the world‚ Coca Cola and Pepsi. It is a battle which started in the early 1990s and which still characterizes the soft drink industry; but‚ as a former CEO of Pepsi said‚ it is a “battle without blood”: Coca Cola could not exist without Pepsi and the other way round. They mutually force each other to adapt their strategy to customers’ new needs‚ to apply competitive prices and to face
Premium Soft drink Coca-Cola
Profitability Analysis • In the last 5 years we can see the profitability ratios of the company taking a beating. • Especially in the last 2 years‚ these margins have drastically dropped. • As a result of this‚ the company’s profit margins have dipped and in this particular the company has incurred a loss. • As we can see in the graph‚ Net margin ratio has been affected and has seriously dipped in the past years. • Though gross margin and operating margin have looked like increasing‚ these
Premium Revenue Generally Accepted Accounting Principles Financial ratios