2013) Today‚ the company employed 171 700 employees‚ (hugely unionized labor force)‚ the actual CEO is W James Mc Nerney. According to Yahoo finance‚ in 2012‚ the firm ranks third in sales of military equipment on the global market. It is the second maker of large commercial jets behind Airbus and the second defense contractor behind Lockheed Martin” (finance‚ 2013) It’s a public listed company traded on the New York Stock Exchange it’s a component of Down Jones and S&P 500. The company stock ticker
Premium Balance sheet Financial ratios Generally Accepted Accounting Principles
Business Consultancy International BBCi 2009 WS 2009/10 Final Examination Principles of Corporate Finance I Dr. Kinga Niemczak 14.12.2010 Name: ___________________________ Student No.: ______________________ 1. a. Calculate the value of a 4.65% five-year €1‚000 bond‚ if you know that the bond is rated AAA and the typical YTM for such bonds is 6.25%. (6 points) b. How will the value of this bond change (in %) if yield increases
Premium Corporate finance Finance Investment
CHAPTER 3 How to Calculate Present Values Answers to Practice Questions 1. a. PV = $100 0.905 = $90.50 b. PV = $100 0.295 = $29.50 c. PV = $100 0.035 = $ 3.50 d. PV = $100 0.893 = $89.30 PV = $100 0.797 = $79.70 PV = $100 0.712 = $71.20 PV = $89.30 + $79.70 + $71.20 = $240.20 2. a. PV = $100 4.279 = $427.90 b. PV = $100 4.580 = $458.00 c. We can think of cash flows in this problem as being the difference between two separate streams
Premium Time value of money Net present value Cash flow
Corporate Finance – Chapter 2 – Long Quiz 1 1) Marvelous Entertainment Group‚ Inc. had net income of $32.7 million in 2005. The firm paid no dividends. If there were no further changes to the stockholders ’ equity accounts‚ then _____ by $32.7 million. [ ] common stock must have increased √ [ ] retained earnings must have increased [ ] total stockholders ’ equity must have decreased [ ] capital surplus must have decreased [ ] the market value of the firm ’s stock must have
Premium Generally Accepted Accounting Principles
International Corporate Finance 1. How are percentage changes in a currency’s value measured? Illustrate your answer numerically by assuming a change in the Thai baht’s value from a value of $0.022 to $0.026. Answer: Percent △ in foreign currency value = st-st-1 st-1 = $0.026-$0.022$0.022 ≈ 18.18% 2. What are the basic factors that determine the value of a currency? In equilibrium‚ what is the relationship between these factors? Answer: The basic factors that determine the value
Premium Money supply Money Inflation
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
Premium Years in the future
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
Premium Corporate finance
ratio? (a) 40.61% (b) 42.75% (c) 45.00% (d) 47.37% (e) 49.74% Student Answer: Answer: d. 47.37% Dividends paid = $475‚000 - (40%)($625‚000) = $225‚000 Dividend payout ratio = $225‚000/$475‚000 = 47.37% Instructor Explanation: Answer is: d Chapter 17 Capital budget $625‚000 Equity ratio 40% Net income (NI) $475‚000 Dividends paid = NI - (Equity ratio)(Capital budget) $225‚000 Dividend payout ratio = Dividends paid/NI 47.37% Points Received: 10 of 10 Comments: Question 2. Question
Premium Option Stock Call option
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
Premium Subprime mortgage crisis Mortgage
[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
Premium Rio Tinto Group BHP Billiton