Essays on Brigham

Investment Proposal for Cengage Learning, Inc.

Executive Summary

Purpose of the Paper The main purpose of the paper is to prepare an effective investment appraisal for Cengage Learning by using various financial management tools.

Overview of the Paper

The paper comprises of following material that can be seen in the overall paper. Investment appraisal techniques for introducing new product line Selection of two most common techniques Importance of techniques through literature Testing of Feasibility of new project Interpretation and conclusion on the analysis Techniques Used Results It is found from the above two analysis that the project is viable for the company and has potential to provide high return ...

Value Chain

The objective of analyzing Monster’s value chain is to make a product that will become popular to its customers, which includes not only the production segment but also marketing and distribution (Horngren and Data, 2015). This is because products will eventually need to be discontinued due to changing customer preferences and product innovation from competitors. This means that the company’s core operations and its products must continuously evolve and this could be done using the value chain analysis tool. For an energy drink company like Monster, one of its main goals is to continuously adapt to the ...

The evaluation of the company’s project or product can be carried out using Net Present Value (NPV) analysis. The NPV analysis involves forecasting of future cash flows that the business expects to generate from the new project or its product. The cash flows are discounted using an appropriate discount rate that is the cost of capital of the company. The cost of capital is the cost of funds acquired by the company from different sources including equity and debt. The sum of present value (discounted value) is deducted from the initial investment cost to determine the net present ...

1. Corporate Governance refers to the mechanism or system in which enterprises are directed and controlled, especially in which the interests of stakeholders are balanced. It is also known as the relationship between various stakeholders of business such as shareholders, management, the board of directors, etc. (Tricker & Tricker, 2012). Corporate governance system varies from country to country due to the differences in the economic and political system. It can be observed in a way that American corporate governance is entirely different from that is followed in Japan and Germany. In America, corporate governance system is controlled and directed by ...

QUESTION A

Definition of Credit Default Swaps A CDS is an instrument used to transfer the risk of default or credit exposure between two or more parties (Fabozzi and Kothari, 2008). It protects the lender from the possible loss of default by the borrower. The lender (protection buyer) pays premiums to the CDS seller. In return, the CDS seller guarantees to pay the lender the face value of the loan plus interests due in the intervening period if the borrower defaults.

Cash flows

Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly payments = 40,000/4 = $10,000 The borrower does not default ...

Short – Term Investing

Introduction A treasury bill or a T-Bill is a short-term maturing promissory note, usually lasting for three months to one year. Nyawata (2012) asserts that the federal or national governments are the ones that issue T-Bills as their primary instruments of regulating the supply of money within the national economy, as well as raising funds for various government projects through open market operations. The central banks of the respective countries are the ones responsible for issuing and paying on T-Bills. According to Thau (2000) T-bills do not have any form of explicit interest, but they sell at a discount ...

Term Paper

Term Paper

Introduction

The primary strategic objective of the University of Idaho is to make growth in enrollment at the Institute. The primary strategic objective is set by the current President Chuck Staben. The University of Idaho is not the only institute that has developed this strategy, but several colleges and universities across America are also focused towards the growth of enrollment. It is observed that there is intense competition among different institutes for the growth of enrollment. The reason that all the universities want to increase enrollment at the college is that it is a source of the stream ...

Stock statistics are calculated to develop an understanding of the level of volatility and stock appreciation for companies operating in Business Software and Services industry (Thomsett, 2015; Murphy, 1991). The companies chosen for the analysis include Microsoft Corporation, Oracle Corporation, Alphabet Inc., Apple Inc., and HP Inc. Microsoft Corporation is analyzed and compared with its competitors to identify the situation in the read sense.

Ranking in terms of Risk

Identifying the value for Beta carries out the risk analysis. It shows the degree of volatility of the stock with the industry (Ehrhardt & Brigham, 2008; Vishwanath, 2007). The analysis helps to reveal/draw the following rankings ...

Abstract

A patient survey at a community hospital in which I serve as the chief financial officer indicated the need for a commercial 24-hour pharmacy within the hospital. The pharmacy would ensure that patients and families fill prescriptions and begin taking prescribed medicines as and when ordered instead of waiting for the following day. In response to the findings of the survey, this paper seeks to look into the viability of the business. Herein provided is the proposal for the first three months of operations. The paper also looks into the financial implications of the proposed project by looking into ...

The primary goal of every investor is to maximize his returns. To determine the right company to invest in an investor require analyze the performance of a company using various tools which include the financial ratios analysis, cash flow analysis, risk analysis, stock valuation and time value of money. This paper provides a detailed analysis of an investor who has 100,000 and is in differenced between saving the money in a saving account or investing it in stocks of 3M company which is a manufacturing and mining company producing over 55, 000 products.

Use of Financial Ratios

The liquidity ratios shows the ...

A market is efficient when the stock prices are dependent on all market available information on a given market or stock. When investors either institutional or individual investors invest money into the stock market, the major objective is to more returns on the investment put. The investors don’t just only focus on the profitability performance but also perform much better than the market itself. No investor has an upper hand in predicting the returns on the investment on the stock because it’s not possible to access the information that is not available on the market (Besley and ...

Recommendations to the Restaurant Manager

In the current state, the restaurant is profitable. The break-even point is 89,474 covers with a margin of safety of 10,526 covers, and the net profit is £60,000. This implies that the restaurant sales have to fall, by at least 10,526 covers for it to start making losses. The manager has several considerations to make on measures to improve the profitability of the restaurant. The available options and offers are discussed below.

Reducing the price to £10.00

If the price is reduced to £10.00, there will be a rise in sales to 12,000 covers. The contribution margin will fall ...

JPMorgan Chase & Co is a commercial and an investment banking institution based in the United States. It was formed in 2000 when Chase Manhattan Corporation merged with JPMorgan & Co. It is one of the oldest and well known banking institutions in the USA and leads in investment banking, commercial banking, small businesses and financial services for its customers (Weston, Mitchell, & Mulherin, 2013). The company operations in the recent years is characterised by increased international activities and operation in its business. It is divided on business segments on a line of business. The parent company is the head office where ...

In this case, we use the monthly returns of the two indexes for the seven-year period between 6th May, 2009 and 5th May, 2016. The monthly return are determined by comparing the current price with the previous month’s price. The monthly returns are then used to determine the average monthly return and the monthly standard deviation.

S&P MID CAP 400 INDEX

Average monthly return = 1.2047% or 0.012047 Monthly standard deviation = 4.4024% or 0.044024 Annual return = (1 + monthly return)12 – 1 = 1.01204712 – 1 = 1.1545 - 1 = 15.45% Annualised standard deviation = Monthly standard deviation × √12 = 0.044024 × √12 = 0.044024 × 3.4641 = 0.1525 = 15.25%

NASDAQ 100 INDEX

Average monthly return = 1.4196% ...

Abstract

Financial analysis is an essential tool in the hands of the manager, as it is with its help the decisions related to the company’s finances are taken. Without the analysis and grounds for making such management decisions, the firm cannot achieve the desired level of income, or the lack of financial settlement will lead the company to bankruptcy. The purpose of the assignment was to perform financial analysis of a company listed on the Bursa Malaysia. Dominant Enterprise Berhad was chosen for the completion. The Malaysia-located company turned into public listed organization with thirteen subsidiaries, operating on production ...

Introduction

In financial management, the finance managers primarily make several kinds of decisions including investment decisions, financing decisions, routine decisions and dividend decisions. For this case, the paper focusses on dividend decisions. The paper shall evaluate the theoretical framework and empirical evidence that examines the relationship between the firm’s dividend policy and its market share price. Quantitative business analytics refers to application of mathematics and statistics to solve business problem. From the definition, it means that one to define the business problem to solve first then apply the relevant techniques. In this case, the paper hopes to understand the ...

INVESTMENT APPRAISSAL

The project would generate total profits of $4,431 The project would generate a positive NPV of $2,569. A key difference between the profits and cash flows is that depreciation is deducted in arriving at profits while it is ignored in calculating cash flows. The incremental working capital is the relevant cash flows associated with working capital. Increases in working capital represent a cash outflows and decreases in the working capital represents a cash inflow. The working capital cash flows are calculated as follows: The internal rate of return (IRR) is the discount rate that would equate the ...

Introduction

MacJob is a loose term used to refer to the low paying as well as low prestige jobs that do not demand high skills and has little chance of career growth and advancement. Notably, the term was coined from the fast food giant MacDonald. As such, the term does not take into account the type of employer but the fact that the job is low paying and requires little-specialized skills. Owing to the emergence of technology, these types of jobs are highly growing and replacing the skilled labor across all the industries due to low costs involved in hiring ...

Evaluation of franchise investment

The franchise investment project is evaluated based on the net present value and the internal rate of returns. The available information is used to determine the NPV and IRR of Schneller Zug and Kyuko Densha. The two measures are used to assess whether each project is viable. NPV and IRR also help in choosing the better project between the two. NPV and IRR are determined using the cost of capital for Javelin Railway Co.

Determination of the cost of capital

The cost of capital is the return investors require from investment to secure funding. It is the minimum return projects must generate to be funded ...

Capacity

Organization Dear Addressee, I hereby deliver to you the final research proposal to this independent review. In accordance with the recently stated terms of reference, this proposal covers all the necessary steps required to allow the start of the research. All the elements have been certified to warrant the research. The review would like to note that through this research, there will be countless benefits for families undergoing problems mentioned in the research. The review would like to propose the start date for the research to be moved forwards due to the collaboration with company providing the study participant. ...

Comparison of the Performance for Vodafone Group Plc. and BT Group Plc. Comparison of the Performance for Vodafone Group Plc. and BT Group Plc.

Introduction

The objective/aim of the current paper is to evaluate the performance of two competing telecommunication companies in the United Kingdom. Vodafone Group Plc. and BT Group Plc. are the companies selected for the comparison. Both the companies are rivals to each other in the United Kingdom and are considered as two of the top enterprises in the technology sector. Ratio analysis and financial highlights from the annual report of 2015 are the basis of the ...

War and violence have been the one of the main cause of the downfall of many nations, states, empires, communities and other social institutions. There are numerous diversities in the way various groups of people look at certain situations and how their opponents look at the same issues. Several questions will be tackled such as how opposing interests lures to violence. Do individual perception and say the expectations of individuals lead to violence and war whenever they are misconceived? When does cognitive imbalance lure to war and how does it limit the growth of an economy as well as ...

Executive Summary

Implementations of care paths will/may help cut healthcare costs. This report argues that the adoption of the care path approach is necessary to ensure MGH's costs are sustainable, but to ensure success, a phased approach to implementation approach, stakeholder engagement, constant, communication, and use of formal change management models will help.

Summary of the Case

As one of the largest hospitals in the country and a pioneer of open-heart surgery, MGH its ability to rein the costs of one of the most expensive procedures would serve as an important guide for the rest of the industry. Its costs are higher than its competitors ...

Reasons for the severe decline in Chinese Stock market in 2015

Between June 2014 and June 2015, the CSI 300 Index rose by 150%, reaching the peak at 5,166.3 on 12th June 2015. What follows was a severe decline in the stock index. Within just one month, the CSI 300 index had lost 30% to 3,507 on July 8. Several factors caused the fall.

Short selling

In the run-up to the stock market decline, investors were aggressively involved in short selling and margin trading. Short-selling and margin trading allowed investors to purchase shares using borrowed money thereby increasing the demand for stocks. Investors engaged in short-selling sell stocks borrowed from ...

Net Present Value

The Net Present Value is used in estimating the potential value of every project by applying the discounted cash flow valuation that requires an estimation of the size and time of all cash flows that increases from the project (Ehrhardt & Brigham, 2016). However, NPV is affected greatly by the discounting rate. Therefore, making a selection on the proper rate that is sometimes known as the hurdle rate is essential during decision making. Moreover, this should make a reflection on the riskiness of the investment because it is typically measured by the unpredictability of cash flows. Therefore, it must take ...

Question 1: Olter’s Beta coefficient

Olter’s Beta can be determined using the Capital Asset Pricing Model. The required return on the average stock is the market return while the average return on Olter’s stock is Olter’s required rate of return. Beta = (Expected return – Risk-free rate)/ (Market return – Risk free rate) = (13-6)(13-6) = 1.0

Question 2: Effect of Beta coefficient on stock price

Beta is a measure of risk and gives the variability of a stock’s return (price changes) in relation to the variability of the overall market. Since it represents the stock’s risk, Beta influences the prices of stocks. Under the Capital Asset Pricing Model, Beta is ...

Leadership and Successful Entrepreneurship

In essence, operating a business requires the capacity to navigate through a wide array of potential risks. For organizations to survive there must be quick response and management of dynamisms of innovations and environments. Primarily, a leader refers to a person that people follow or one who organizes and directs people towards the achievement of common goals. Most leaders consider themselves as entrepreneurs irrespective of their contribution towards the foundation of the company. Leaders in business are those individuals who are particularly successful in decision-making about the direction of the venture, and they have the necessary skills. The world ...

INTRODUCTION

Financial ratio analysis is one of the key techniques for evaluating a company’s financial position. Financial ratios help getting additional information about financial performance of a company that might not be obvious from its financial statements (Erhardt and Brigham 89). They enable the management to evaluate the operating performance of the company in dynamics. Besides, the managers may track their financial goals achievement with the help of this type of analysis as ratios are widely used in planning and setting future performance goals (1). Moreover, the ratios are used to compare performance of companies within one industry, including ...

Question one

Capital budgeting is a process that may be defined by proper understanding of the terms; capital which means the initial investment needed to kick start a business activity and budgeting which is the process of aligning resources to meet a given business goal. Capital-budgeting may be defined on the bases of the goals of a project, which are supposed to define the value of a project to the firm. Proper understanding of capital budgeting decisions is helpful in definition of the strategic decision of a firm.

Various processes should be taken into consideration while defining the use of capital-budgeting process useful in defining projects ...

Bio-inspired adhesive, the latest innovation in the field of biotechnology, might just be what the medical world is waiting for to address the problem of ‘broken hearts’. ‘Broken heart’ in this context takes the literal sense of course. More specifically the term ‘broken heart’ refers to heart diseases particularly congenital heart disease. According to an update in MedLinePlus by Kurt R. Schumacher, MD, congenital heart disease refers to a heart problem that is present at birth.

THE PROBLEM

According to an article in Harvard Gazzette by Marjorie Montemayor-Quellenberg, it is very critical for heart surgeries to be fast and efficient especially when ...

Overview

Lack of transparency in an organization is a sure and substantial reason for suspicion that there could be mischief in the activities of the people in question. Though some leaders are naturally, not open or simplify prefer to be economical with the truth (Bhat 2008), even with sincerity and honesty, there is bound to be errors unconcealed within reports. According to Bhat, This errors and miscalculations would never have arisen if publicity of detail in the reports were given emphasis. Though no one is completely perfect especially when in charge of several people (like in a company), everyone deserves a chance to ...

Interview

This interview focuses on interviewing the financial manager of Starbucks Corporation which focuses on the purchase and roast high quality coffee to make various products. The interview will cover areas on the company, internship and financial problems facing the company.

I: A part from reinvesting into your business what other avenues does your company support financially.

Finance Manager: Our Company also uses its funds to support community-based activity with the aim of enhancing community responsibility. For instance, the company issued $15.6 million for community development. Starbuck Foundation got $11.8 which it used $3.7million to fund Youth Leadership Grants and $347,000 for social development grants. On the other hand, the remaining funds issued by the ...

Introduction

Company valuation is an essential area when it comes to determining the value of an organization or business. Such information helps a company to plan its future investments. Additionally, potential investors can rely on company valuation information to determine whether it will be beneficial to invest in a company. This paper seeks to look into a number of company valuation techniques based on the Royal Dutch Shell Company. Furthermore, it provides information on how the efficient market hypothesis affects price movements with reference to Royal Dutch Shell Company. The stock market is especially advantageous because of the liquidity of the securities ...

Kent Allen Bessey holds a Bachelor of Science and a Master of Science in science from Brigham Young University and a Doctor of Arts in math from University of Idaho State. He has filled in as an instructive advisor for IBM and has taught math at University of Brigham Young, Idaho State University, and Brigham Young University–Idaho (where he is presently utilized). He is likewise the writer of 42 distributed articles and has exhibited papers at meetings far and wide.

The thought of unendingness has intrigued savants, researchers, and mathematicians for centuries. Its confounding nature appeared to defeat all endeavors to ...

Difference between NPV and IRR

- The first difference between NPV and IRR lies on their implementation. NPV is calculated in currency terms while IRR is expressed as a percentage a firm projects capital project to yield (Besley & Brigham, 2011, p.521).

- NPV measures in absolute terms project return after a period while IRR measures the actual return from the invested funds.

- NPV perceives its cash flows to be reinvested back into the project at the required rate of return while IRR assumes reinvesting of cash flows back into proposed project at the IRR.

Similarities of NPV and IRR

- Both NPV and IRR take into consideration time value of ...

Comparison of Information Gathered in 2(b) and 1(b) The field of finance is extremely broad, and it usually depends upon the working of sophisticated models and tools to analyze the things accordingly. Investment is one of the most important elements that stride under the field of finance, as it is important for the long run productivity and efficacy of an organization as well as an economy particularly. The tradeoff of risk and return cannot be ignored, as both of these things are interlinking with each other. It is an important thing for an investor to overcome on the ...

Nixon was elected the president of United States of America 1968 on the promise that he would take a different approach to end the Vietnam War. Consequently, halting American engagement in Vietnam was his greatest challenge. Having known that Vietnam Wars was his greatest burden, Nixon explored diplomatic options that attracted positive public opinions. He orchestrated a peace talk that led to the withdrawal of US soldiers from Vietnam. This reduced the number of American casualties in the war. The war ended in 1974 when the South Vietnamese forces were defeated by the North Vietnamese troops (Young & Buzzanco, 2002).

Whether ...

I. CAPM Model

Capital asset pricing model (CAPM) is a model in finance that aims to explain the relationship between expected return and risk and formally represents the tradeoff between risk and return. It stipulates that a return of any portfolio or a security is a sum of the risk free security and a risk premium. This relationship can be expressed through an equation Rm = Rf + β ( Rm – Rf), where

Rf = risk free rate β = contribution coefficient of the stock to a diversified portfolio Rm = expected market return.

Here the risk-free rate is a theoretical return that is generated by an investment with ...

Financial planning is important for businesses today. By preparing the financial plan, an organization is able to determine what kind of objectives the firm would like to achieve. There are different aspects that are covered in a financial plan and some of the important aspects of financial planning include; estimating the profits that the firm would like to generate, the types of resources that would be required to accomplish these objectives, identify the changes in the business environment, analyzing the risk and return of investment, calculating the budget and costs that would be incurred, estimating sales from different departments or ...

1. How is international financial management different from domestic financial management?

International financial management is similar in many ways to domestic financial management. However, there are several key differences. In domestic finance, the issue of exchange rates is not common. However, international financial management involves use of exchange rates considering the fact that different currencies are used in this market. Managers should be aware of implications of exchange rates in their managerial activities. International financial management involves being aware of the risks associated with exchange rates. This is not the case in domestic financial management where there are no exchange rate risks (Brigham, 2011).

International financial management involves acquiring capital ...

Part 1:

There are several benefits associated with higher education. In the competitive global era, it increases the chance of employability of an individual i.e. an individual having the advanced university degree will have higher chance of being employed. Pursuing a higher education, the student gets the opportunity to explore new horizons, which go undiscovered with an ordinary graduation degree. The degree also acts as an addition to the value of individual’s profile. The MBA (Master of Business Administration) from a recognized institution helps to qualify for better placement assistance. Additionally, it will elevate the individual’s level on the ladder of ...

In the sector of financial management, long-term financial management is the act obtaining funds from financial institutions to be refunded after a long duration of time, preferably a year. Both individuals and organizations should develop long-term plans to achieve their strategic objectives, ensure financial sustainability, avoid bankruptcy, maximize revenue and avoid petty financial distresses. There exists an unequivocal relationship between long-term goals, investments, and the required finance. A long-term financial strategy influences the internal and external structures of any organization. For instance, the strategic planning of the organization should go in hand with its long-term financial plan. Communication strategy and ...

Executive Summary

Organizational architecture determines how efficient or inefficient an organization is. An organization has to adopt a harmonized mix of the three core elements of organization architecture. The reward system, assignment of decision rights, and the performance evaluation criteria should display quantitative and qualitative balance. The ability to balance the above three elements brings about success in all organizations. When an organization’s architecture is continuously updated, it is in a perfect condition to respond to market shocks like competition and technological changes. The rate at which an organization successfully alters its architecture in response to market shocks directly influences its ...

Introduction

Race bias has been the topic of numerous psychological, sociological, and anthropological studies over the years. Even with an evolved understanding of the nature of race and the importance of racial equality, there are still psychological effects associated with race and race bias (Meissner & Brigham, 2001). It has long been known that individuals of any given race have a much easier time recognizing individuals from that same group than they do for individuals in an out-group—this is known as a cross-race or own-race bias (Sporer, 2001). Sporer (2001) writes, “Studies of the recognition of faces of an ethnic group different ...

For RTWMTC, budgeting is important since it will allow the company to plan its expenditures. It will allow for a balance between the capital and recurrent expenditures. This will ensure that the company maintains growth in a balanced manner hence avoiding illiquidity or insolvency. The other reason is that the budget will allow this company to manage its financial information and also review it on a real time basis. This will be achieved by maintaining an automated budgeting system which will ensure that the company makes timely and right expenditure decisions (Besley & Brigham, 2008). Thirdly, it is a means of measuring performance. In ...

Analytical Framework

Section-A There are two different companies which have been taken into consideration for the analysis and the names of the companies are Royal Dutch Shell and Endeavor International Corporation.

Net Present Value Analysis

Net present value (NPV) is a financial tool that is deemed as the difference between current value inflows and outflows. Generally, it is used for calculating budgeting to analyze the probability of an investment on any project that. It is required to analyze the NPV and IRR on the basis of two years like 2012 and 2013. The NPV of Shell Plc. is -250,386 $ while it is, -1, ...

Financial ratios are one of the tools that are applied in financial analysis. This is because they help an analyst in creating the overall image of an organization. This is achieved since the ratios provide insight on various aspects of the organization that includes profitability, cash flow ratios, debt ratios and profitability ratios. These ratios are instrumental in ensuring that the analyst understands the financial soundness of the firm before investing in it (Shim and Siegel, 2000). Although these ratios face various shortcomings, they are essential in providing a bird’s eye view of the company from an analytic angle ...

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Introduction

The concept of corporate finance lies in time value of money and is often regarded as the foundation of the corporate strategy as well as the financial management. The concept of net present value is applied in a number of financial decisions and the time value of money is dependent on the same principle. Therefore, this paper will be focused on the importance of the time value of money based on the concept of net present value. This concept is clarified by using the example of bond valuation as mentioned in the question. However, this paper is ...

The problem has two sides. The point is that some argue that when a police officer enters a dwelling to conduct a search, the owner of a dwelling may ask to leave. Minnesota vs. Olsen is one of such cases. United States vs. Beck is another case when police officers conducted illegal search. Although, police officers managed to conduct a search, in the court it was proved that the search was illegal. On the contrary, there is a case Kentucky vs. King. Police officers tried to buy drugs from Mr. King. When they managed to do this, they followed the suspect and arrested him in ...

Management finance

Part A:

According to the case, Charles Ltd. Department, because of the implementation of the new budget system is faced with the increased workload. This is because the system is effective, the department's power to enact budget Charles Co. said their goal is to estimate and predict facts (Fabozzi and Peterson Drake, 2009, pp.15-25). These must be analyzed by the selected company's management to ensure that they can achieve a reasonable and reflect reliable data. This concept would increase work that was previously absent in the departments. In many cases, this requires expert who is an estimate of the ...

Summary

The worldwide bestselling book by Thomas L. Friedman “The Word is Flat. A Brief History of the Twenty-First Century” examines globalization in the start of the 21st century. In the entire book, Friedman assists the reader to perceive the globe as a level playing stage, whereby traditional issues of geographical, as well as historical divisions, are becoming inappropriate, and all the competitors have an equal chance. In his book, Friedman depicts the way globalization has broken the boundaries of countries and is transforming the globe into an interconnected, flat world. The author looks at influences that shape businesses and competition ...

Introduction

Managing investment is an alternative name of managing finance that used by an investor for taking timely and effective investment decisions. Management of investment decision is all about managing the investment portfolio of the individual or a company. Management of portfolio has the tendency to mitigate the amount of riskiness from an investment that resultantly increases the economic structure. In this assignment, a similar analysis would have been taken place that includes management of portfolio along with economic and industry analysis of three companies which are Agility Warehousing Company, Kuwait Finance Company and Kuwait Projects Company. Agility Warehousing Company ...

Analysis of Coca-Cola and PepsiCo

- Description of the companies

Coca-Cola is a beverage company that owns or licenses and markets non-alcoholic brands. The company started as a Coke brand in Atlanta back in the year 1886. The brand was started by Dr. John S. Pemberton, who was a pharmacist. Large scale bottling of the product commenced in 1899. Coca-Cola currently operates in more than 200 countries, with its daily sales averaging 1.9 billion beverage servings. The company distributes its products through its controlled and distribution stores. It offers a variety of non-alcoholic drinks including Coca-Cola, Diet Coke, Coco-Cola zero, Sprite, Fanta, water, juices and juice drinks, among ...

- Introduction Nectar Sweets Plc is a company with the main shop in Hong Kong. It is experiencing cash flow problems and is seeking an increase in the overdraft facility from the bank. Statements of the company reveal that its operations are profitable, but it is not efficient in collecting debt. The report identifies and analyses the company’s problems and recommends possible solutions. In addition, it uses financial ratios to assess the performance of the firm. - Problems facing the company - Nectar Sweets Plc has a problem in collection of its accounts receivables. The company takes a ...

Question 1: Net present value, Internal Rate of Return and simple payback period

Net present value The NPV of the project above is positive indicating that the project is viable. Internal Rate of Return (interpolation) NPV when r is 15% Positive NPV, P = 138,642 Negative NPV, N = -3,852 Higher discount rate, B = 15% Lower discount rate, A = 8% IRR = 8% + 138,642138,642+3,852 [15 – 8] = 8% + 138,642142,494 × 7 = 8% + 6.81 = 14.81% The internal rate of return for the project is 14.81% indicating that if the discount rate is 14.81%, then the NPV of the ...

The Church of Latter-Day Saints-- sometimes called the “Mormon” church-- is an American sect of Christianity that became famous for its practice of plural marriage, or polygyny. Even today, certain sects of the Church of Latter-Day Saints (referred to hereafter as the LDS church or Mormon church) practice plural marriage, or, more specifically, polygyny: the plural marriage between one man and multiple wives (Land, Schippers). Before discussing the current Mormon policies on polygyny and plural marriage, however, it is important to understand the historical structure of polygyny in the Mormon church. Mormonism, as a religion, is quite a young one; ...

Goals

This paper offers a resource curriculum guide and evaluation rubric for adult beginners at ELS Nashville Centre. This resource curriculum guide will promote successful learning of English at ELS Nashville Centre. The curriculum applies Nashville Standards for ELL (Adult English Language Learners). The ELL will be assessed on a weekly basis to ascertain their performance in English. This curriculum guide will be instrumental in achieving the following goals: - The curriculum guide offers essential conversation skills such as correction of mistakes, interpretation information, confirmation numbers and seeking clarification. - The curriculum guide will increase the learners’ understanding of the ...

Introduction

Many companies expand their operations through capital projects. Capital budgeting decisions are critical since capital projects involve a substantial outlay of financial resources. In addition, most of these projects are irreversible. It follows that a company must exercise due diligence in evaluating a proposed capital project before deciding to accept or refuse the proposal. Correct estimation of expected cash flows from the project is key to the sound evaluation of the viability of the project and hence an appropriate capital budgeting decision. This paper explores the costs and items included in the determination of cash flows expected from a project to manufacture golf ...

Personal finance

Learning is a continuous experience that starts at birth. Although formal learning takes place within learning institutions, much of human learning is a product of experiences from life. Like in other areas of professional development, financially planning is a product of both formal and informal learning experiences. In this respect, multiple experiences throughout my life have shaped my financial planning skills. My learning experience with respect to financial planning is traceable to my days in college. Being in learning institutions calls for self-discipline and control with regard to financial. This offered the first and extremely important lessons with regard to financial planning. ...

Introduction

In this report, we will discuss some of the concepts relating to bond valuation and will also compare the interest rate risk and reinvestment along with some of the measures to manage them. We are sure that by the end of this brief report, we will be having a good understanding relating to valuation of fixed income securities and risks associated with them.

Part A

Answer 1) 1.a) Referring to the calculations in excel spreadsheet, we find that the present value of the bond is $852.73. In addition, since a 6.5% bond is trading at Yield to Maturity of 8%, it ...