Executive Summary: Calpine Corporation ’s Senior Vice President of Finance (S.V.P.) Bob Kelly and Vice President (V.P.) of Finance Robin Crabtree knew 1999 was going to be a difficult year. Chief Executive Officer (C.E.O.) Pete Cartwright had recently announced a bold ramp-up in Calpine ’s growth strategy‚ raising the 5-year target for generating capacity from 6‚300 to 15‚000 megawatts (MW). The financial requirements were formidable. Adding 12‚000 MW to Calpine ’s current 3‚000 MW electric generating
Premium Finance Debt Vertical integration
Congoleum Corporation Executive Summary In valuing the target company Congoleum after an LBO by First Boston found the expected free cash flows generated by this firm from 1980 to 1984. These numbers were based on values provided in the case. From there‚ we employed the Adjusted Present Value method to discount these cash flows because we assumed that Congoleum was varying its Debt to Equity ratio during those years. We discounted these cash flows by the required return on assets that was in
Premium Net present value Free cash flow Stock market
PART 1‚ COMPANY OVERVIEW: Company History Dick and Mac McDonald opened their burger stand in 1948 in San Bernardino‚ Calif. Under the guidance of Ray Kroc‚ a onetime milkshake-mixer salesman. Since the 1940’s‚ McDonald’s has built a loyal customer base by continually dedicating themselves to customer service and providing high quality fast food for its customers. McDonald’s franchises grew swiftly: by the end of the 1960s‚ there were more than 1‚000 across the U.S. The first international franchise
Premium Hamburger
(1.3) Goal of firm C M | Answer: a | MEDIUM | The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to | | | | | | | | | | a. | Maximize the stock price per share over the long run‚ which is the stock’s intrinsic value. | b. | Maximize the firm’s expected EPS. | c. | Minimize the chances of losses. | d. | Maximize the firm’s expected total income. | e. | Maximize the stock price on a specific target date. | (1.3) Corporate
Premium Stock Standard deviation Stock market
SUMMARY OF THE CASE This case discussed on the issue of choosing the most suitable performance measurement for MarineCorp Sdn. Bhd. and SURIA group of companies. MarineCorp is a wholly-owned subsidiary of SURIA group of companies. MarineCorp was the maritime solutions provider for SURIA; it regulates and enforces the Group’s policy on maritime activities‚ especially the vessel inspection and vetting on the vessels under SURIA. The company has two subsidiaries; the first one is Green Port Sdn. Bhd
Premium Generally Accepted Accounting Principles Subsidiary Free cash flow
Femme Fatale For Immediate Release Contact: pll@dullhouserelations.com Dull Relations 412-715-2233 x2 412-715-2445 Female Rock Band Femme Fatale Releases long awaited debut album Which launches nation-wide tour Pittsburgh‚ PA November 1‚ 2012 – Femme Fatale‚ Pittsburgh based female rock band will release their debut album titled “I Hit a Boy.” The release of their album also launches their nationwide tour beginning
Premium Release The Beatles Rock music
The Peace Corps‚ established by President John F. Kennedy‚ operates as an independent agency within the executive branch of the U.S. government. The purpose of the Peace Corps is to assist in the development of underprivileged nations through volunteer service. Since the formation of the Peace Corps in the 1960’s‚ the organization’s popularity has increased with younger generations. Peace Corps volunteers are currently serving around the world in countries on all seven continents. In addition‚ the
Premium United States John F. Kennedy United Nations
Serving People in Need Globally Peace Corps is a well-known international service organization of the United States. Peace Corps sends American volunteers overseas to take on demanding needs of people around the world. Peace Corps volunteers work at the grassroots level toward sustainable change that lives on after their service while becoming global citizens and serving their country. When Peace Corps volunteers return home‚ they bring their knowledge‚ experiences‚ and a global perspective that
Premium United States United Nations Volunteering
Easy Corp was awarded a five year contract to provide program office support to a government agency. In the first year of the contract‚ the enterprise has raised concern with the contracting officer’s representative (COR). Easy Corp has habitually submitted erroneous and often late invoices‚ as well as late and incomplete management reports. Moreover‚ both the COR and Easy Corp employees rarely see the program manager for the contract. The purpose of this paper is to identify the ramifications
Premium Federal government of the United States Receipt United States Department of Defense
History of the Armor Corp This roots of the Armor Corp are based from the The National Army Tank Corps (also known as the “American Expeditionary Force”) which was formed in world war one by the Tank Service of the National Army of 15 February 1918 by the 65th Engineers at Camp Meade‚ later it was removed from the engineers and formed its own branch known as the Tank Corps. The leader of these Tank Corps was Brigadier General Samuel D. Rockenbach in 1917. In 1919 it was handed over to General
Premium Tank United States Army World War II