2011 Review 15 13.. Conclusion 20 14. References 22 PART I What is Mutual Fund ? • A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. • The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. • The income earned through these investments and the capital appreciation realized are shared by its unit holders in proportion to the number of units
Words: 5603 - Pages: 23
Fall 2014 - Acct 218 -- Final Exam Problems – Take Home Version Name_______________________________________________________________Date___________ 1. CALCULATION OF DIVIDENDS-BASED VALUE. Royal Dutch Shell is a petroleum and petrochemicals company. It engages primarily in the exploration, production, and sale of crude oil and natural gas and the manufacture, transportation, and sale of petroleum and petrochemical products. The company operates in approximately 200 countries worldwide—in countries
Words: 1230 - Pages: 5
The share value for CSL will be analysed in this report by using multiple stage valuation model with fluctuated growth rate in the 10-year explicit forecast period and stable growth in terminal period. The reasons to choose 10 year forecast period are as follow: The economic environment of Australia is relatively stable now. There is no large change such as war, or no revelatory industry technology improvement. Company will be able to reach a stable state after 10 years; Moreover, since the government
Words: 2676 - Pages: 11
Global Environments in Accounting University of Phoenix Principles of Accounting ACC/300 Global Environments in Accounting Yum! Brands, Inc. is a worldwide food service company with over 40,000 restaurants in 125 countries. According to Yum! Brands financial statements the company has been profitable over the last two years. They have been able to this by lower the costs of food production. According to the Yum! Brands website over 70% of their revenue comes from outside the United States
Words: 2476 - Pages: 10
performance are elusive. Yet while the increases in earnings per share that many buybacks deliver help managers hit EPS-based compensation targets, boosting EPS in this way doesn't signify an increase in underlying performance or value. Moreover, a company's fixation on buybacks might come at the cost of investments in its long-term health. A closer inspection of the market's response to buybacks illustrates these risks, since some companies' share price declined — or didn't respond at all. For example
Words: 1258 - Pages: 6
the value of your share of the firm’s equity in cases a and b ? Case A: 50% * 4 million = 2 million Case B: 2/3 * 3 million = 2 million 4a. Expected return without leverage: .5 * 450 + .5 * 200 = 325 / 250 = 1.30 expected return without leverage = 30% 4b. What will be the market value of its equity just after the dividend is paid according to MM? E + D = 250 ; D = 100 ; E + 100 = 250 ; 250 – 100 = 150 ; E = 150 4c. What is the expected return of MM stock after the dividend is paid in part
Words: 366 - Pages: 2
pay its short term obligations with its short term assets. Between Coca Cola and PepsiCo, PepsiCo has a higher current ratio implying that is more capable of paying its obligations. The debt management policies of Coca-Cola in conjunction with share repurchase program and investment activity resulted in current liabilities exceeding current assets. From the ratio Pepsi Co suddenly had to pay all its short-term creditors, it would be able to do so and have a surplus of 44% of current assets. If Coca-Cola
Words: 1054 - Pages: 5
Quickstart Guide MikesBikes-Advanced (MB-A) is an Online Business Simulation that will give you the opportunity to run your own company, managing all the key functional areas of a Firm. It is used as an interactive tool to enhance the integration and learning of the basic concepts of business in a real life context. You will get hands on experience at making critical price, marketing, operations, product development, and financial decisions. There are two variants of MB-A, the Single-Player and
Words: 2481 - Pages: 10
What Went Wrong with Starbucks? Financial Analysis and Business Evaluation Case Study By Julia S. Kwok* Elizabeth C. Rabe Northeastern State University * Corresponding author: Department of Accounting and Finance, College of Business and Technology, Northeastern State University, Broken Arrow, OK 74014; Email: kwok@nsuok.edu; Phone: 918-449-6516. What Went Wrong with Starbucks? Financial Statement Analysis Abstract After decades of grande growth based on the Starbucks experience, Starbucks
Words: 5621 - Pages: 23
Corporate Finance Fundamentals [FN1] Examination Blueprint 2010–2011 Purpose The Corporate Finance Fundamentals [FN1] examination has been constructed using an examination blueprint. The blueprint, also referred to as the test specifications, outlines the content areas covered on the examination and the weighting allotted to each content area. This document also lists the topics, the level of competence for each topic, and the related learning objectives. The learning objectives have been designed
Words: 2503 - Pages: 11