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
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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
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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
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(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
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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
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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
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Petroleum and Natural Gas Engineering (Department Visitation) I believe that petroleum and natural gas engineering or is the perfect major and career for me. Petroleum and Natural Gas engineering otherwise abbreviated as PNGE to me is one of the most interesting‚ in depth‚ and overall the best suite of engineering for myself‚ not to mention that is where the booming money is. I am also no stranger to the natural gas industries. I had grown up on rural farm in Pennsylvania about 35 miles south of
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Marine Corps History On November 10‚ 1775‚ the Continental Congress passed a resolution stating that "two battalions of Marines be raised" for service as landing forces with the fleet. This established the Continental Marines and marked the birth of the United States Marine Corps. Serving on land and at sea‚ early Marines distinguished themselves in a number of important operations‚ including their first amphibious raid on foreign soil in the Bahamas in March 1776‚ under the command of the Corps’ first
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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
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Case Study British Petroleum Company‚ Ltd. (1987 Stock Offering) | | | | | | | | | | | | | |
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