VALUATION AND FINANCIAL MODELING TEACHER: LANNTM GROUP ASSIGNMENT 02 CONTENTS ITEMS PAGE I) II) EXECUTIVE SUMMARY ……………………………………….. OVERVIEW OF THE COMPANY 2 1) Business characteristics ……………………………………………… 3 2) Firm characteristics ………………………………………………….. 4 III) FREE CASH FLOWS ESTIMATION AND FIRM VALUATION 1) Assumption …………………………………………………………… 8 2) Growth model ………………………………………………………… 17 3) Firm value …………………………………………………………….. 19 4) Sensitivity analysis …………………………………………………… 25 IV)
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1) Current Ratio The ratio is mainly used to give an idea of the company’s ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash‚ inventory‚ receivables). The higher the current ratio‚ the more capable the company is of paying its obligations. 2) Quick Ratio An indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet its short-term obligations with its most liquid assets. For this reason‚ the ratio excludes inventories
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provides guidance and definition. Some of the points highlighted on the organizations’ website as well as social media pages that call for advocacy are * We support the retention of existing funding for services to children and families. * We support interventions to address the needs of victims of domestic minor sex trafficking. * We support public policy to enhance efficiency for case managers. * We support maintaining the state ’s Medicaid Managed Care Reform efforts to serve
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An Evaluation of Obsessive Compulsive Disorder Abstract This paper will evaluate Obsessive Compulsive Disorder to include a historical overview of the disorder including a literature review‚ current research of the disorder‚ and a Christian worldview of the disorder. Literature review Overview Obsessive compulsive disorder is an anxiety disorder diagnosed when obsessions and/or compulsions seem to be unreasonable or excessive‚ cause the sufferer distress‚ consume a certain amount of
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INTRODUCTION Companies need to choose from among various sources of finance depending on the amount of capital required and the term for which it is needed. Finance sources can be divided into three categories‚ namely traditional sources‚ ownership capital and non-ownership capital. Traditional sources are the internally generated capital (retained earnings); ownership capital is the capital owned by shareholders of the company (ordinary shares) while non-ownership capital includes funds from lenders
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Volcanic Materials and Health Concerns Introduction: Basic Geology of Volcanoes A volcano can be a mountain like structure or a wide sloping hill that opens downwards to a pool of molten rock below the surface of the earth. When a break in the earth’s surface allows molten rock material to come up from the earth’s core‚ a volcano is formed. Volcanic eruptions can cause lateral blasts‚ lava flows‚ hot ash flows‚ mudslides‚ avalanches‚ falling ash and floods. These
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As a whole‚ I believe economic development had a larger impact on colonial settlement than religious concerns‚ but this varies with the individual colonies. Each colony had something different to offer England and a different motive for settling. New England came about because the Puritans and Separatists wanted a place to worship free the original Church of England. Virginia‚ on the other hand‚ was established at first as a trade colony and base for gold and precious metal expeditions. The Maryland
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1660-1900. Ann Thompson and Sasha Roberts‚ eds. Manchester‚ UK: Manchester University Press‚ 1997. In "Memoranda: Remarks on the Character of Lady Macbeth‚" Sarah Siddons mentions the guilt and ambition of Lady Macbeth and their effect: [Re "I have given suck" (1.7.54ff.)] Even here‚ horrific as she is‚ she shews herself made by ambition‚ but not by nature‚ a perfectly savage creature. The very use of such a tender allusion in the midst of her dreadful language‚ persuades one unequivocally that she
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Is Graffiti a form of art or vandalism? There are a lot of different perspectives on weather or not graffiti is a form of art or graffiti is just vandalism. In my essay I will explain to you why graffiti is a form of art‚ I will also show you how graffiti is just vandalism as well. First‚ Graffiti is a form of art because its a form of self-expression much like other kinds of arts. Artist use graffiti to show their talents. Although graffiti is used on public buildings and walls its a type
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The Leeuwin Current is a tropical current‚ consisting of warm‚ low salinity water that affects Western Australia’s coastal waters and wildlife. Currents are part of a large sub circular current system called a gyre. The currents in the Southern hemisphere gyres circulate in an anti-clockwise direction (Skinner‚ Porter & Botkin‚ 1999‚ p.249). There is a current in each of the major oceans that generally flow northwards along the western coast of continents. However‚ the Leeuwin Current flows southwards
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