Essays on Investment

Summary             Anheuser-Busch (BUD) is a fine example of company that has been able to create $11.5 billion value addition in a matter of merely three years with only a $ 1.9 billion capital investment without having any major product growth opportunities in or outside …

Gold is one of the oldest currencies known to man and is highly valuable as an inflation hedge. Earlier the governments around the world used to settle their debts through delivery of certain amount of gold. Even the US dollar was backed entirely by gold …

In order to calculate Friendly’s WACC the beta must first be obtained. Of the three methods available the bottom up method is most appropriate in this situation. Friendly’s stock is very lightly traded therefore regressing their common stock returns against market returns (top down beta) …

Chuck E. Cheese’s “Where A Kid Can Be A Kid” Yvonne Bell-White The Catholic University of America This paper was prepared for Financial Decision Making, MBU 652, Summer 2011, taught by Professor Howard S. Steed, PhD Abstract In this analysis paper I choose to learn …

While the use of debt financing alone can be attractive in a number of ways, including higher-than-average return on investment, low costs, and adequate leverage-the continued use of debt could (1) greatly increase the costs of the sources of financing, (2) increases business risk, and, …

Question 1 Although the nature of the product is the same,i.e. heat exchange units, doing business in low-end residential, high-end residential, and industrial markets all require different sets of sales processes and skills. Thus, we are faced with pros and cons related to each situation. …

Profitability Ratio Analysis This analysis ratio based on FAME 1. Gross Profit Margin During the period 2007-2010, Thorntons has achieved the highest gross profit margin in 2007. It was increased the sales/revenue by 5. 3%. In 2008 the sales were increased by 11. 9%, however, …

What is Gordon Growth Model, “This model is use to determine the fundamental value of stock, it determines the value of stock based on sequence or series of dividends that matured at a constant rate , and the dividend per share is payable in a …

Vodafone is the largest international mobile telecommunications company in the world. Vodafone has its headquarters in the UK. This paper focuses on what Vodafone had to consider in concerns to entering the Egyptian market in 1998. “Vodafone’s corporate growth strategy is to use the technical …

We may consider a company’s strategy from a number of aspects, but generally we are interested in answering the question: How well is the company’s present strategy working? To understand and analyse success in terms of strategy, we must begin by understanding what the strategy …

The ability of the current assets and most liquid assets to cover the current liabilities deteriorated during the period. This outlines negative factors concerning the working capital management of the firm. However, in order to fully assess the liquidity of the organization it is important …

Hawaiian Airlines Introduction             Hawaiian Holding Inc is the Parent Company of Hawaiian Airlines Inc.  The Company was started in the year 1929.  “The company is the sixteenth largest domestic airline in the United States”.  It has a fleet of 25 Aircraft and it offers …

Bank Performance Evaluation Project Capital One Bank Capital One Financial Corporation’s headquarters is in McLean, Virginia and in the Federal Reserve district five, The Federal Reserve of Richmond, Virginia. It is number 89 in peer group one with their consolidated assets of over $300 million. …

YSL is not worth 1 billion dollars – as a brand or as a division in Gucci. As a matter of fact, in 1999 the brand (YSL Couture and YSL Beaute) sold 40 million dollars. Gucci, however, as a stand alone division was worth more …

For a country to achieve economic growth and sustained development; factors of production must be available and combined such that they realize optimal production in the economy, political atmosphere should create an enabling environment that promote economic activities and infrastructure such as transportation and communication …

ABOUT ICICI BANK: ICICI Bank is India’s second-largest bank with total assets of Rs. 4,736. 47 billion (US$ 93 billion) at March 31, 2012 and profit after tax Rs. 64. 65 billion (US$ 1,271 million) for the year ended March 31, 2012. The Bank has …

Efficiency Ratios The efficiency ratio is an indicator of how well Johnson and Johnson (J&J) is run on an organizational-wide basis. Efficiency ratios are also defined as asset turnover ratios (Finkler, Kovner & Jones, 2007). The asset turnover ratio measures how productive J&J is in …

Introduction Dividend Policy refers to the explicit or implicit decision of the Board of Directors regarding the amount of residual earnings (past or present) that should be distributed to the shareholders of the corporation This decision is considered a financing decision because the profits of …

There are three ways internal and external users of a company can analyze financial statements. They include vertical analysis, horizontal analysis, and ratio analysis (Weygandt, Kimmel, & Kieso, 2008). The vertical analysis is a technique that expresses each financial statement as a percent of a …

Introduction This article examines and compares bank performances by Australia’s oldest banks; Westpac Banking Corporation and the Commonwealth Bank. Westpac’s history dates back to 1817 when it was established as the Bank of New South Wales with one office in Sydney. The bank’s major breakthrough …

What is the situation that this company faces? Yeats Valves and Controls, Inc. is currently considering a merger with TSE International Corporation. The founder, who is Chair and CEO, W. B. “Bill” Yeats, is about to reach his 62nd birthday and does not have a …

AFC Enterprises, Inc. engages in the development, operation, and franchising of quick-service restaurants. Its restaurants offer food and beverage products. The company’s Income Statement shows that almost 36% of the total revenue represents cost of revenue and 69% represents operating expenses which resulted to a …

Findings – Authors have found out that the adoption of fair value of financial assets has increased the disclosure requirements and It gives more value to financial statements. Results obtained from research revealed that earnings have decreased due to convergence to ALAS 39 and Management …

Introduction The Kingdom of Saudi Arabia is one of the most economically sound nations of the Middle Eastern region. It is oil rich and has relatively robust banking system. Its laws have been rather progressive over the past few years. However excessive government interference, Islamic …

Singapore Airlines is engaged in the aviation travel industry and is presently the national airline of Singapore. The corporation is adopting a diversification strategy and holds a group of companies to cater for such plan. SilkAir is involved in regional flights to secondary cities, while …

Abstract The fact that investment trusts and close-end funds in general trade at a discount has elicited debates among financial scholars and practitioners, often referred to as the closed-end puzzle. Based on this, this paper explores and explains some of the reasons that investment trusts …

An annuity is a type of investment which helps the investor make payments (single or installments) over a defined period of time (years) and in return receive a specific amount at fixed intervals (annually, semi-annually, fixed number of years etc.). Post the demise of the …

Raising funds at a time when startups are facing greater scrutiny over valuations is something of an achievement of its own. Let’s find out which of these startups made it big and are flourishing despite the investment draught.Romulus Capital Raises FundsUS-based early stage VC firm …

Wes Andersons colourful and cartoonish style film The Grand Budapest Hotel, was visually captivating and quickly engrossed the viewer in a fairy tale style setting unlike many others. Originally I was skeptical about watching this film as I failed to do so the first time …

Technical Paper – Course on General Management and Communication Skills, Institute of Chartered Accountants of India – Batch 129 Basel II Implications on Indian Banks Group Members Rahul Sharma (ERO0097549) Abhishek Tulsyan (CRO0137558) Sikha Kedia (ERO0105399) Gourav Modi (ERO0016925) Praveen Didwania (ERO0110131) Index of Contents …