Describe the payout policy of Linear Technologies historically. Describe Linear’s current cash position and its financing needs. The company initiated its dividend in 1993 with a relatively conservative payout ratio of 15%‚ based on a quarterly dividend of $0.05/share/quarter ($0.00625 split adjusted as per Exhibit 3). As of 3Q2003‚ the dividend is also $0.05/share/quarter‚ adjusted for stock splits‚ which translates into a payout ratio of . The payout ratio is currently 27.5% on an as adjusted
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TO: Board of Directors‚ Linear Technologies FROM: Mr. Paul Coghlan CFO‚ Linear Technologies RE: Dividend Policy Summary: Based on the financials to date and the forward looking capital investments required Linear should increase their dividend payout by $0.01 per share. Entering the fourth quarter of 2003 the market seems to show continued signs of improvement. The company has shown steady growth and revenues are forecasted to exceed 2002’s by 19%. The forecast shows net income coming in
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Linear Modeling Project The purpose of this experiment is to determine whether a player’s statistics in baseball are related to the player’s salary. The sample set was taken out of 30 players who were randomly selected from the top 100 fantasy baseball players in 2007. We displayed the information with a scatter plot‚ and then determined with a linear equation the line of best fit. Along with the line of best fit we are going to analyze the Pearson Correlation Coefficient. This value is represented
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causation and correlation but there are also just as many differences. Causation is when one or more factors contribute to the effect. As said in the PowerPoint review‚ for example‚ if you switch a light switch on it causes the light turns on. The one factor of flipping the light switch on causes the effect of the light to turn on. Correlation is when two or more factors contribute to one effect. There is two different types of correlation. One type of correlation is high correlation which is when
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Equity Correlation Trading Silverio Foresi and Adrien Vesval Goldman Sachs NYU‚ April 2006 Outline • • • Equity Correlation: Definitions‚ Products and Trade Structures Rationale: Evidence and Models Opportunities: an Historical Perspective Correlation Products Building Blocks: Vol Products • Realized variance: RV • 1 = n ∑ T t =1 St (ln( )) S t −1 2 OTC products to trade realized variance: – Delta-hedged options (straddles) – Volatility swap – Variance swap
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Introduction Linear optimization is a mathematical method for determining a way to achieve the best outcome such as maximum profit or lowest cost in a given mathematical model for some list of requirements represented as linear relationships. Linear programming is a specific case of mathematical programming The Primary Purpose of the present investigation is to develop an interactive spreadsheet tool to aid in determining a maximum return function in 401K plan. In this paper‚ we discuss how the
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Causation and Correlation Mary Lee Choate PSY/285 Due April 6‚ 2012 Instructor- Chantell Hines When differentiating between causation and correlation‚ it is extremely significant in systematic thought. These two notions get confused with one another whether it is a misinterpretation or having the aspiration to provide a reasonable description for scientific observations. As a result‚ it is crucial to have the understanding of the difference between the two concepts. In this writing I will
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Correlation of English “No Subject is ever well understood and no art is intelligently practiced if the light which the other studies are to throw upon is deliberately shut out”-Ramont Correlation is a word which signifies the reciprocal relationship with various subjects in the curriculum. Correlation can be broadly classified into two types: internal correlation and external correlation. Internal Correlation A sort of mutual relationship among and between the parts of the same subject
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Linear Functions There are three different ways to write linear functions. They are slope-intercept‚ point-slope‚ and standard form. There are certain situations where it is better to use one way than another to solve a problem. It is important to understand and comprehend the mechanics of these three forms so that you know what form to use when solving a problem. The first form‚ point-slope‚ is written as y-y1=m(x-x1). M is the slope and x1 and y1 correspond to a point on the line. It’s good to
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1. Qeach brand t=β0+β1*PMinute Maid t+β2*PTropicana t+β3*PPrivate label t+ueach brand t Q: quantity P: price By running the above regression model for each brand‚ we got the following elasticity matrix and the figures for “V” and “C.” Note that we used the average price and quantity for P and Q to calculate each brand’s elasticity. Price Elasticity | Tropicana | Minute Maid | Private Label | Tropicana | -3.4620441 | 0.40596537 | 0.392997566 | Minute Maid | 1.8023329 | -4.26820251 | 0.765331803
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