Department of Finance‚ HKUST Spring 2013 Email: Xuewenliu@ust.hk Office hour: 13:30-14:30 Tuesday Assessment: Assignments (12%)‚ Midterm-exam (18%)‚ Projects and presentations (15%)‚ and Final exam (55%) Textbooks: 1. Corporate Finance‚ by J. Beck and P. DeMarzo‚ 2nd edition 2011‚ Pearson Education‚ Inc. Hereafter BD. 2. Financial Markets and Corporate Strategy‚ by M. Grinblatt and S. Titman‚ 2nd edition‚ 2002‚ Irwin McGraw Hill. Hereafter GT. I. Introduction to Corporate Finance 1. Corporations
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CHAPTER 4 Final Accounts Meaning Preparation of final account is the last stage of the accounting cycle. The basic objective of every concern maintaining the book of accounts is to find out the profit or loss in their business at the end of the year. Every businessman wishes to ascertain the financial position of his business firm as a whole during the particular period. In order to achieve the objectives for the firm‚ it is essential to prepare final accounts which include Manufacturing and
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Solutions to Chapter 10 Introduction to Risk‚ Return‚ and the Opportunity Cost of Capital capital gain + dividend ($44 − $40) + $2 = = 0.15 = 15.0% initial share price $40 1. Rate of return = Dividend yield = dividend/initial share price = $2/$40 = 0.05 = 5% Capital gains yield = capital gain/initial share price = $4/$40 = 0.10 = 10% 2. Dividend yield = $2/$40 = 0.05 = 5% The dividend yield is unaffected; it is based on the initial price‚ not the final price. Capital gain = $36 – $40
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financial statements for SubMart Corp contained in the company’s most recent annual report filed with the OSC. SubMart Corp Balance Sheet‚ December 31‚ 2012 Assets Cash Accounts receivable Inventories Property‚ plant & equipment Less accumulated depreciation Total assets Liabilities & Equity Accounts payable Accrued expenses payable Long-term debt Common stock Retained earnings Total liabilities and equity 2010 2011 2012 20‚000 35‚000 52‚000 70‚000 85‚000 114‚260 65‚000 90‚000 130‚000 160‚000 180‚000 195
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The debentures are having a great significance as a means of corporate financing. Through debentures‚ the company is enabled to have the capital without giving any control over their holders. There is a certainty of finance for a specific period and the company can adjust its financial plan accordingly By issuing the debentures‚ the company gets an opportunity to trade on equity. Consequently‚ it results in increasing the return for the equity shareholders. There are certain individuals and institutional
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My short-term academic goals are doing exceptionally well for the Summer semester‚ continue improving on my time management skills and lastly‚ graduate this fall with my Associate’s degree from Valencia College. I am currently enrolled in five classes and so far‚ I am earning an A in all of them. I am taking state and local government‚ Astronomy‚ Earth science‚ Greek and Roman humanities and lastly‚ SLS-1303. I was laid off from my job last year and chose to make education my main priority. Although
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dividend policy for ABC Industries Ltd.? Ans. The management of ABC Industries Ltd should recognize that it will be in constant need of more funds owing to its intended policy of moving into new product lines in growth-oriented industries. To the extent the shareholders have strong expectations about maintenance of the current dividend‚ the current policy is appropriate. The company through advertisement should make the investors aware of the new growth prospects and greater investment opportunities
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One of the most debated topics of our times is whether we should use animals for ex-periments or not. The interesting point that always comes up is what else is there instead of our dear friends. Without our lab creatures; our medicines‚ cosmetics and food would not be tested and might not be safe for our use and consumption. The process of using animals to test safety of food and medicines was practiced for many centuries. People watched domestic animals and studied their eating habits to identify
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VENTURE CAPITAL FINANCING SUBMITTED BY: Sandhya B.COM(PROF.) 110243016 SUBMITTED TO SACHIN SRIVASTAVA CERTIFICATE This is to certify that the project report title “VENTURE CAPITAL FINANCING” is a work carried out by SANDHYA AWANA of SHARDA UNIVERSITY for fulfillment of b.com (prof.) course of Sharda university GR. NOIDA. NAME OF STUDENT: SANDHYA AWANA B.COM(PROF.) DATE: 30TH NOVEMBER 2013 Venture Capital Financing VENTURE CAPITAL
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The immediate and long term effect of abuse. M1 &D1 Why do we need to spot the signs? So we . . . • Help and protect the service users • Follow the correct legislations – Equality and Diversity Act‚ Human Rights Act and The Care Standards Act • Follow the Care Value Base • Follow professional bodies codes of practice • Follow codes of conduct‚ policies and procedures in a health and social care setting M1 • Assess the likely immediate effects of two different forms of abuse on the health and
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