M&A (B) – Ducati & TPG Question1: On a scale from 0 to 10, we would like to mark it with 2. Answer: TPG is overwhelmingly acting as a financial buyer. Firstly, picking up Ducati as its target company is quite opportunistic. From the traditional investment style’s point of view, TPG is interested in those companies that had grown rapidly but still had the corporate structures of very small companies which caused great stress to the management of the business, and the assets of their target
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your rent most likely means that you were not paying close enough attention to your pocket book and planning for future expenses. This would provide a great opportunity to sit down, consider your income and then draw up a budget that will allow for this type of thing to never happen again. C. My car needs to be repaired. Similar to the one above, this would be an added expense. However you have to look at it in a way of an investment. I was taught the rule of 10’s. Plan your actions based on
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is more of an occasional cost. I normally go out and purchase clothing a few times a year for each season and occasionally will purchase single items throughout the year. Car Expense- This consists of my expenses that go towards my car on a regular basis such as gas and oil changes. This excludes emergency type expenses such as extensive vehicle damage or issues. Charity- This consists of money donated to charity each week. Subscriptions- This consists of my monthly subscriptions. The subsciption
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Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Selected information regarding a company's most recent quarter follows (all data in thousands). Operating expenses | $ 700 | Gross profit | $ 2,390 | Sales revenue | $ 4,000 | Ending finished goods inventory | $ 200 | Cost of goods manufactured | $ 1,560 | What was the beginning finished
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------------------------------------------------- To: Margarita Torres, Investor in Costco ------------------------------------------------- From: MSF Analyst ------------------------------------------------- Date: 6th November 2013 ------------------------------------------------- Subject: Evaluation of Costco Operational Forecasting Purpose: The purpose of this memo is to provide an analysis and valuation of Costco’s forecasted operational performance over the next 10 years.
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ACC351A – Midterm Quiz Name Refer to the supporting documentation. 1. (10%) Below is ratio data for McDonalds, a key competitor of Wendys/Arbys. Calculate the following ratios for the 2010 fiscal year for Wendys/Arbys and indicate whether they are better or worse than the industry ratios. | |MCD |Wendys/Arbys |Better/Worse | |Net Profit Margin |20.33% |0.14% |Worse
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TUTORIAL 20.5 – SUGGESTED SOLUTION 1. Journal entries for Land & buildings: Dr Accumulated depreciation Cr Building Dr Dr 86 250 86 250 Cr Land Building Revaluation gain (OCI) Cr Depreciation expense – building Accumulated depreciation Cr Revaluation Reserve Retained earnings Dr Dr 750 000 1 211 250 1 961 250 120 000 120 000 80 750 80 750 Workings: Land – cost 1 Jan 2006 Transfer duties Cost Acc depr (3 yrs) (R1 575 000 – R1000 000) = R575
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interest on the first day of the month. The assets are depreciated using the straight-line method over 5 years using the mid-year convention. None of the old assets are fully depreciated and the depreciation is spread evenly over the four operating expense areas. The line of credit loan has an interest rate of 7.25% payable monthly and the company is now required to have a compensating balance in the account at the end of the month of $300,000. They sold one asset on July 1 which had a cost of $ 75
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Palm Oil Piracy Summary of the case: Palm Haul Sdn Bhd (PHSB) established in 2002 at Taiping Perak. It was a small and medium sized enterprise in crude palm oil (CPO) transportation business. PHSB was managed by En.H.Rossly and son in law of its founder, Datu S. Najeed. PHSB was facing the same problems likes others transportation companies which is drivers embroiling in oil piracy. The transportation companies will bear the responsibilities of compensation of the refineries if there any hijacking
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HOTEL EXPENSE ACCOUNTING In the accounting terminology, expense is an income statement account representing the cost of items consumed in the process of generating revenue (ex. Cost of Goods Sold) or that expires due to the passage of time (ex. Depreciation Expense). Expense cannot be mixed with expenditure. For, Expenditure represents the purchase amount (whether paid in cash or credited with the Accounts Payable) of a certain asset. To illustrate, suppose, on January 1st, 2001, XYZ Company paid
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