1) Why is Roche seeking to buy the 44% of Genentech it does not own? From Roche’s point of view, what are the advantages of owning 100% of Genentech? What are the risks?

Roche is looking at this acquisition as a source of internal growth; the advantages are for research reasons, cutting cost creating a synergy by eliminating duplication of efforts and having easily access to Genentech’s free cash flow optimizing tax issues.

Some analyst are concern that Genentech would lose its independence for pursing its own projects, allocate enough amount of money to Research and Development, and its key Scientifics and top management might leave the company.

2) As a majority shareholder of Genentech, what responsibilities does Roche have to the minority shareholders?

Obtain approval of a majority of the minority of Genentech shareholders voted at the meeting concerning the merger, if not satisfied Roche should pay the fair value for Genentech stock determinate by independent investment banks

Also Roche could not share in Genentech’s intellectual property if it didn’t own 100% shares; the merger would facilitate product development and research between the two companies.

3) As of June 2008, what is the value of the synergies Roche anticipates from a merger with Genentech? Assess the value of synergies per share of Genentech. Please use a 9% WACC in your analysis I consider only the synergies from the merger, and divided by the outstanding Genentech shares, in the article was mentioned that some (cost reductions) efficiencies could be achieve by Roche by itself after the analysis

4) Based on DCF valuation techniques, what range of values is reasonable for Genentech as a stand-alone company in June 2008? Please exclude synergies from your valuation and use a 9% WACC. You can assume that at the end of June 2008, Genentech held approximately USD 9 billion in cash, which included investments and securities that were not needed in its daily...

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Short answers
5. What two things must you normally specify in a variable declaration?
You must specify the variable type and an identifier.
int n; // type - int, identifier - n
6. What value is stored in uninitialized variables?
is a variable that is declared but is not set to a definite known value before it is used.
Algorithm workbench
3. Write assignment statements that perform the following operations with the variables a, b, and c.
a. Adds 2 to a and stores the result in b
b. Multiplies b times 4 and stores the result in a
c. Divides a by 3.14 and stores the result in b
d. Subtracts 8 from b and stores the result in a
Assignment statements that perform operations with the variables a, b, and c* (*Actually none of these operations involves the variable c at all... is this an error, or a 'trick answer'?):
b = a + 2
a = b * 4
b = a / 3.14
a = b – 8
4. Assume the variables result, w, x, y, and z are all integers, and that w = 5, x = 4, y = 8, and z = 2. What value will be stored in result in each of the following statements?
a. Set result = x + y
b. Set result = z * 2
c. Set result = y / x
d. Set result = y – z
result = x++ - y;
Answer -4
result = 4 – 8 = -4
result = ++w + y;
Answer
w = w + 1 = 5 + 1 = 6
result = 6 + 8 = 14
5. Write a pseudocode statement that declares the variable cost so it can hold real numbers.
Declare Real price= 0.00
Display "the original price."
Input item original price
Display...

...[pic]
ASSIGNMENT SUBMISSION AND ASSESSMENT
_________________________________________________________________________
OUMM3203
PROFESSIONAL ETHICS
(PLEASE EDIT WHERE NECESSARY-THIS IS ONLY SUGGESTIONS FOR THE ASSIGNMENT’S GENERAL INSTRUCTIONS)
_________________________________________________________________________
INSTRUCTIONS TO STUDENTS
1. This assignment contains only ONE (1) question that is set in the language of the printed module for the course.
2. Answer in _______ or English.
3. Download the language version of the assignment template concerned from the MyVLE for preparation and submission of your assignment. Your assignment should be typed using 12 point Times New Roman font and 1.5 line spacing.
4. Your assignment should be between 2500 to 3000 words excluding references. The number of words should be shown at the end of your assignment. Do not copy the assignment question and instructions to your answer.
5. You must submit your assignment ON-LINE via the MyVLE. Refer to the portal for instructions on the procedures to submit your assignment on-line. You are advised to keep a copy of your submitted assignment for personal reference.
6. You can submit your assignment ONCE only in a SINGLE file.
7. Your assignment must be submitted between...

...PT1420 - Unit 5 Homework and Lab Assignment
Unit 5 Assignment 1: Homework
1.) Design an if-then statement that assigns 20 to the variable y and assigns 40 to the variable z if the variable x is greater than 100. (Simple if statement)
If x > 100 then
Y=20
Z=40
End if
2.) Design an if-then statement that assigns 0 to the variable b and assigns 1 to the variable c if variable a is less than 10. (Simple if statement)
3.) Design an if-then-else statement that assigns 0 to variable b if variable a is less than 10, otherwise it should assign 99 to variable b. (Alternative if statement)
If a < 10 then
B = 0
Else
B = 99
End f
4.) The symbols >, <, and == are all Relational operators.
5.) The if-then statement is an example of a conditioal structure.
6.) The Selection structure is based on boolean logic.
7.) The if-else statement is know as a dual alternative decision structure.
8.) A nested if statement is used to ask multiple questions before deciding what processing path to take.
True False
*****************************************************************
Unit 5 Labs
1.) Lab 5.1: Evaluating Conditions with Relational Operators.
Critical Review
A relational operator determines whether a specific relationship exists between two values.
Relational operators
Operator
Meaning
Boolean Expression
>
Greater than
X > Y
<
Less than
X < Y
>=
Greater than or equal to
X >= Y
<=
Less than...

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Chartered Management Institute Approved Centre
Level 5 Extended Diploma in Management and Leadership
Written Assessment – 5
Unit 5001V1
Instruction Sheet
Assignment: Unit 5001V1 – Personal development as a manager and leader
Level: 5
Lecturer: Ian Laing
Date of Issue: 13th May 2015
Date Due In: 26th June 2015
Format: Word Document submitted to:
ianlaing@ihlassociates.karoo.co.uk
Assessment Outline
Candidates are to write an essay of between 2500 and 3000 words excluding appendices about how to improve their own management and leadership skills and competencies to help meet your performance objectives. You should also write about how you develop effective working relationships to help you deal with a variety of situations in the workplace which will require you to support and promote staff welfare.
Your essay should be based on research, investigation and analysis which you have carried out yourself making sure that you acknowledge sources and include appropriate references, bibliography and appendices in support of your investigation and argument.
The essay should answer the following questions demonstrating your knowledge and understanding of the topics covered by this unit.
1. Identify the importance of continual self-development in achieving organisation objectives. Also assess your current skills and competencies against...

...Roche Holding AG: Funding the Genentech Acquisition
Financial Policy
March 5, 2015
Morgan Ephriam
Kristopher Kirkpatrick
Jasmine White
1. Statement of the Problem
In the case Roche Holding AG: Funding the Acquisition, Roche and Genentech are interested in an acquisition. Roche is acquiring about receiving all outstanding shares of Genentech. Roche Holding AG is a Switzerland-based pharmaceuticals and diagnostics company. It discovers, develops and provides diagnostic and therapeutic products and services from early detection and prevention of diseases to diagnosis, treatment and treatment monitoring. The Company has two divisions: Pharmaceuticals and Diagnostics. It operates worldwide containing the United States, Western Europe, Japan and Asia-Pacific, among others. Diagnostics include five areas: Applied Science, Diabetes Care, Molecular Diagnostics, Tissue Diagnosis and Professional Diagnostics. It operates in five geographical regions: Europe, Middle East and Africa (EMEA); North America; Asia-Pacific; Latin America, and Japan. Genentech is an American biotechnology corporation.
The acquisition during a time period where dramatic declines in American real estate prices and an overheated credit market were taking place. World markets were also down by 45%. Also during this time governments were investing in financial institutions. Banks also lowered interest rates for a number of...

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MBA 5000 WEEK 6
Leadership at Roche
Indiana Tech
In this class we have learned that there can be many different leadership styles and many books have been written to describe these styles and to give advice to rising leaders. I chose to do my report on the leadership at the place where I am currently employed, Roche Diagnostics. I think that the current CEO of Roche North America, Jack Phillips, is a great leadership role model and in my paper I will explain his style of positive leadership.
Roche is a global healthcare company, headquartered in Basel, Switzerland. They began in 1896 and were one of the first pharmaceutical companies in the world. Today there are over 80,000 employees in 150 countries. There are different divisions based on products – one is the Pharmaceutical division that manufactures and sells pharmaceuticals and the other division is the Diagnostics, where they manufacture and sell a wide variety of instruments that range from large machines that measure components in blood to small hand held meters that individuals can use. On the Indianapolis campus we manufacture strips used for blood glucose testing Strips and are the North American headquarters for the Diagnostics division. The sales forces are trained here for all divisions and approximately 2900 people are based here.
The current CEO of North America is Jack Phillips. From the first day he came...

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Week 2 Assignment
Yasir Shakoor
Intermediate Algebra MAT222
Professor Perez
09/01/2014
For our Week 2 assignment, in Intermediate Algebra, we were asked to solve the problem number 68 on page 539 of Elementary and Intermediate Algebra. aside from completing the problem, we were also asked to write a two to three page paper while including the five given vocabulary words for the week. Please see the problem below:
Shipping restrictions. The accompanying graph shows all of the possibilities for the number of refrigerators and the number of TVs that will fit into an 18-wheeler.
a)
Write an inequality to describe this region.
b)
Will the truck hold 71 refrigerators and 118 TVs?
c)
Will the truck hold 51 refrigerators and 176 TVs?
Kindly consider the five given vocabulary words:
Solid line
Dashed line
Parallel
Linear inequality
Test point
In order to solve the problem, we need to be aware that the formula to solve any linear equation is y=mx+b. with the said, we can say that we have our y- intercept which is 330. (The ordered pair 0,330 demonstrates that the y coordinate is 330). Since we have our y- intercept, we will now discover what our slope is. The formula to determine any slope of a line is
m=y1- y2
x1-x2
M= 330-0
0-100
After performing division and simplifying, we have found that the slope of our line is -3.
a) Write an inequality to describe this region.
The inequality to...

...Proportions
Tara Lint
MAT 222 Week 1 Assignment
Instructor: James Segala
August 18, 2013
Solving Proportions
Proportions exist in the real world. For example, in finding out the price of a unit, or the population of a specific species. The first problem that we are working with states that “. Bear population. To estimate the size of the bear population on the Keweenaw Peninsula, conservationists captured, tagged, and released 50 bears. One year later, a random sample of 100 bears included only 2 tagged bears.What is the conservationist’s estimate of the size of the
bear population?(Dugolpolski, 2012)
In reading over the “Bear Population” #56 on page 437 (Dugolpolski, 2012), the concept of proportions allow the assumption that the ratio of originally tagged bears to the whole population is equal to the ratio of recaptured tagged bears to the size of the sample. The estimated solution, variables will be defined and rules for solving proportions are used.
The ratio of originally tagged bears to the whole population is 50/x.
The ratio of recaptured tagged bears to the sample size is 2/100.
50=2 This is the proportion set up and ready to solve. This is the step where we will cross multiply.
x 100 at this point. The extremes are 100 and 50. The means are x and 2
100(50)=2x
50002=2x2 Divide both sides by 2
X=2500 The bear population of Keweenaw Peninsula is estimated to be around 2500.
For the second problem of this...