[pic] School of Management Studies Finance Advanced Topics [BUS4083W] Corporate Finance Test 23 September 2010 Time Allocation: 120 minutes Total Mark Allocation: 90 marks Case Study: Anglo American On the 20th of February 2009‚ Anglo American announced that it would cut 11% of its work force and suspend its share buyback and dividend in the face of a poor economic outlook marked by "unprecedented" uncertainty. The miner said it was reducing its headcount by
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Tri Vi Dang Email: td2332@columbia.edu Columbia University Spring 2013 Corporate Finance (ECON W4280) Meeting time: Tu‚ Th 4.10-5.25 Meeting place: Hamilton 503 Office address: IAB 1032 Office hours: Th 11.00-12.00 and other times by appointment Course Description The aim of this introductory course in corporate finance is to provide students with fundamental concepts for understanding firms’ financing decisions and the basic tools for the valuation of a corporation. This course
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Assignment of corporate finance If we need to find Z score of Fu-Wang ceramic industry ltd. Then at first we should know the formula of Z score. The formula of Z score is Z = 3.3(EBIT/Total Assets) + 1.2(Net Working Capital/Total Assets) + 1.0(Sales/Total Assets) + .6(Market Value of Equity/Book Value of Debt) + 1.4(Accumulated retained earnings/Total Assets) Now we are going to determining the Z score of Fu-Wang ceramic industry ltd. In the year of 2010 As we know the formula of Z score below
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Protoindustrialization refers to the development of the rural factory system. the strictly agricultural economy that preceded the Industrial Revolution. the employment of laborers who worked at home but in a capitalist system dependent on urban merchants. improvements in machinery and labor relations. the development of systems of transportation and communication necessary for full industrialization. Which of the following was a cause of the American Revolution
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CORPORATE FINANCE 307 LITERATURE REVIEW Student Name / ID: Chay Yu Xi 15907811 Jacqueline Teo Hui Yun 15805054 Ting Heng Huat 14973837 Tutor: Leo Kee Chye Tutorial Day / Time: Monday / 2pm Table of Contents Abstract The Tech Bubble Introduction Lowering of Interest Rates Adjustable Rate Mortgage Securitization Mortgage Backed Securities Collateralized Debt Obligation Credit Default Swap Government Reaction and Policies Emergency TARP Repercussions
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ADM 3346 X COST ACCOUNTING Spring/Summer 2012 Quiz No. 1 Solutions . . . . . . . / 16 marks NAME: __________________________________________ STUDENT #: ________________________ Statement of Academic Integrity: The School of Management does not condone academic fraud‚ an act by a student that may result in a false academic evaluation of that student or of another student. Without limiting the generality of this definition‚ academic fraud occurs when a student commits any of the following offences:
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Fundamental of Corporate Administration (FCA) Tutorial Answers T1 Tutorial 2 Q2. Highlight the functions and power carried by CCM. Functions 1. Act as an agent enforcing and collecting payment of prescribed fees under the laws administered. 2. Regulate matters in relation to the laws administrated 3. Encourage and promote proper conduct in corporate sector to established norms of good corporate governance 4. Enhance supply of corporate information under laws administrated
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***Quiz 1**** Question 1 of 20 5.0/ 5.0 Points The search for the correct result essential to criminal procedure in a constitutional democracy means to: I. convict the guilty. II. plea bargain in weak cases. III. search for truth at any cost. IV. acquit the innocent. A. I‚ II‚ III‚ IV B. b. I‚ II‚ III C. c. I D. d. I‚ IV Answer Key: D Question 2 of 20 5.0/ 5.0 Points The trend today in balancing results and means in criminal justice: A. a. continues to be strongly
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* PV(CF) = CF/(1+r)t AKA PV = FV/(1+r)t * NPV = PV(CFs) – Investment = -C0 +C1/(1+r)+C2/(1+r)2+C3/(1+r)3+… = ∑(Expected CFt)/(1+r)t – Investment * Perpetuity – pays a fixed amount C per period forever * P(C‚r) = C/r requires cash flow to begin NEXT period. If begin now‚ then PV = C + C/r * Annuity – fixed stream of cash flows that has a final period t * A(C‚r‚t) = C/r [1-1/(1+r)t] * Growing Perpetuity – G(C‚r‚g) = C/(r-g) C is initial cash flow‚ r is discount rate
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Question 1 .0.5 out of 0.5 points Since M-2 excludes time deposits‚ M-2 is a less comprehensive measure of the money supply than M-1. Selected Answer: Correct2. False Answers: 1. True Correct2. False . Question 2 .0 out of 0.5 points When individuals withdraw cash from checking accounts‚ the money supply is unaffected. Selected Answer: Incorrect1. False Answers: 1. False Correct2. True . Question 3 .0.5 out of 0.5 points Only paper can perform the function
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