it take Bayside to sell its inventory? A. 126.1 days B. 127.9 days C. 153.8 days D. 176.5 days E. 178.9 days Inventory turnover for 2008 = $4‚060 $1‚990 = 2.04; Days’ sales in inventory = 365 2.04 = 178.9 days TEST MODEL : CHAPTER 3 CORPORATE FINANCE Page 1 2. What is the debt-equity ratio for 2008? A. 22.5% B. 26.2% C. 35.5% D. 45.1% E. 47.7% Debt-equity ratio for 2008 = ($1‚170 + $500) ($3‚500 + $1‚200) = .355 = 35.5% 3. What is the times interest earned ratio for 2008? A. 30 B. 36 C. 40
Premium Financial ratios Financial ratio
Euntrepreneurial Finance Lecture 1: Ventures: ( new projects/ ideas that make it extremely difficult to attract financing since it’s a new product by eutreprenures with no data and history to back up that they will return or make profit or even successfully launch the product) It is an alternative asset! Lack of tangible assets‚ expecting negative earnings and have uncertain prospects. Traditional assets: publically traded shares‚ bonds‚ foreign exchanges‚ commodities‚ real estate.
Premium Venture capital Private equity Investment
“Banking‚ Finance‚ and Money: a Socio-economics Approach” L. Randall Wray‚ Professor of Economics and Director of Research at Center for Full Employment and Price Stability‚ University of Missouri—Kansas City; and Senior Scholar‚ Levy Economics Institute at Bard College. This paper will briefly summarize the orthodox approach to banking‚ finance‚ and money and then will point the way toward an alternative based on socio-economics. It will be argued that the alternative approach not only fits
Premium Money Money supply Monetary policy
Corporate Finance Efficient Market Hypothesis Report Table of Content I. Introduction Page 3 II. Weak efficiency form Page 3-4 III. Semi-strong efficiency form Page 4-5 IV. Strong efficiency form Page 5-6 V. Implications of the efficient market hypothesis for investors Page 6 VI. Conclusion Page 6 VII. Bibliography Page7 I. Introduction In the book Corporate finance by Denzil Watson and Antony Head (2001)‚ Watson et al refers to a work by Dixon and Holmes (1992) which
Premium Stock market Stock Fundamental analysis
include bank loans‚ stock market and informal finance. This paper has analyzed the reasons why they face such constrains and also given suggestions to Chinese private enterprises so as to improve their access to external sources of financing. It is believed that it can be helpful to domestic private enterprises in China. II. External sources of financing for Chinese private enterprises mainly include bank loans‚ stock market and informal finance. Banks‚ especially state-owned banks‚ are the
Premium People's Republic of China
Efficiency of Stock Market According to Andrei Shleifer‚ Efficient Market Hypothesis (EMH) does not require that every investor be fully rational‚ however‚ investor required to have rational expectations. Efficient market hypothesis has the following implications for investor: Rationality It assumes that investors act rationality. It means that everyone in the stock market will adjust their expectation on the stock price in a rational way after new information announced. Independent Deviations
Premium Behavioral finance Financial markets Fundamental analysis
Michelle Seefeld Managerial Finance Learning Session 1 Written Assignment Chapter 1 Discussion Question 6 What document is necessary to form a corporation? A corporation is formed through articles of incorporation‚ which specify the rights and limitations of the entity (Block‚ Hirt‚ & Danielson‚ 2011). Web Exercise (pp. 22-23) In summary‚ the credo for Johnson & Johnson challenges the company to put the needs and well-being of the customers first. The former chairman for the company
Premium Stock Finance Financial ratio
Why do firms become multinational enterprises? Identify and discuss four reasons‚ making sure to incorporate examples into your answer. Name Institutional Affiliation Why do firms become multinational enterprises? Identify and discuss four reasons‚ making sure to incorporate examples into your answer. Multinationals are corporations which operate in at least two countries but whose management is established in one specific country. They have their operations in at least one other country different
Premium Multinational corporation
field in Russsia‚ and the $22.8 billion Dab bhol power p project a in Ind dia. Globally y‚ firms financced $240 billiion of capitall expenditurees using projeect finance in 2009‚ down n from the all--time high of $409 billion in n 2008. In the United States S alone‚ firms financed d $19 billion o of capital exp penditures ussing project finance loans and bonds in n 2009‚ down n from $39 billlion in 2008 aand $47 billio on in 2007. Th he economic crisis‚ which h began as a housing h crisiss in the U.S
Premium Finance Debt Bond
Fiscal Policy in Kenya: Looking Toward the Medium-to Long-Term By Kamau Thugge‚ Peter S Heller‚ and Jane Kiringai[1] Executive Summary Kenya’s authorities‚ in articulating their vision for the next two decades of Kenya’s development‚ understood clearly that fiscal policy would need to play a critical role in influencing the pace at which the economy will grow and its capacity to deal with the key challenges that will arise over the next several decades. Domestic policy challenges include
Premium Economics Economic growth Gross domestic product