case study will focus on the proposed capital structure decisions of Diageo. 2) Is Diageo’s current capital structure appropriate to its new business? It believes that it has traditionally had a conservative debt policy. If so‚ is that policy still appropriate? Has Diageo’s capital structure been as conservative as it believes? (What interest rate coverage ratio has it been targeting? How does it look relative to its competitors?) Diageo’s capital structure has not been as conservative as it
Premium Credit rating Interest Finance
9-806-077 FEBRUARY 1‚ 2006 FELDA HARDYMON JOSH LERNER ANN LEAMON Adams Capital Management: Fund IV Joel Adams‚ founder and general partner of Adams Capital Management (ACM)‚ a $700 million early-stage venture capital firm investing in the information technology‚ networking infrastructure‚ and semiconductor industries‚ glanced up as his fellow general partners trooped into his office on a brisk December morning in 2005 for their annual retrospective and planning meeting. The main topic on
Premium Venture capital
Solution 1: (i) P0 = D1 Ke - g CA – IPC TEST CAPITAL STRUCTURE = 3.50 (1.06) 0.15 – 0.06 = `41.22 (ii) Ke = D1 + g P0 0.15 = 3.50 (1 + g) + g 50 7.50 = 3.50 + 3.50g + 50g g= 4 = 7.48% 53.5 Solution 2: (i) Determination of EPS at EBIT level of `22‚00‚000 Financing Plan (a) (b) Equity Shares (`) Debentures (`) Pref. EBIT 22‚00‚000 22‚00‚000 Less: Interest (16‚000) (1‚21‚000) Taxable Income 21‚84‚000 20‚79‚000 Less: Tax @ 30% (6‚55‚200) (6‚23‚700) EAT 15‚28‚800 14‚55‚300 Less: Dividend on Pref
Premium Stock Leverage Earnings before interest and taxes
Marriott Corporation: The Cost of Capital (Abridged) Executive Summary: The case "Marriott Corporation: The Cost of Capital (Abridged)" focuses on an ideal opportunity to review the capital asset pricing model and the weighted average cost of capital through calculation of the cost of capital for Marriott as a whole. Dan Cohrs is faced with making recommendations for the hurdle rates at Marriott Corporation and its three divisions utilizing CAPM and WACC. This case illustrates
Premium Investment Finance Generally Accepted Accounting Principles
org/ijbm International Journal of Business and Management Vol. 6‚ No. 9; September 2011 Effective Working Capital Management in Small and Medium Scale Enterprises (SMEs) Kehinde James Sunday Dept of Accounting and Finance‚ Lagos State University Ojo‚ Nigeria E-mail: pastorkehindebox@yahoo.com Received: November 15‚ 2010 Accepted: August 10‚ 2011 doi:10.5539/ijbm.v6n9p271 Abstract The need to main effective working capital management within Small and Medium Scale Enterprises (SMEs) remain
Premium Finance Small business Business
EVOLUTION OF APPRAISAL TO INDIVIDUALIZED PERFORMANCE MANAGEMENT TOWARDS THE HUMAN RESOURCE PLANNING PROCESS TABLE OF CONTENTS Abstract 2 1.0 Introduction 2.0 Body 2.1 A critique of the appraisal system 3 2.2 An evaluation of the process that enabled the performance system to develop 4 2.3 An evaluation of the issues of how the workforce could be included in this process 7 3.0 Conclusions 10 4.0 References 16
Premium Human resource management Human resources
A STUDY ON “WORKING CAPITAL MANAGEMENT” OF ITI FINANCIAL LIMITED Submitted in partial fulfillment of the requirement for the award of the degree “BACHELOR OF BUSINESS MANAGEMENT” BY SAMRIN PARVEEN NMKRV COLLEGE FOR WOMEN (AUTONOMOUS) JAYANAGAR III BLOCK BANGALORE- 5600011 ACKNOWLEDGEMENT This project would not be possible‚ without the omnipresence support and help of many. I wish to profound my gratitude to a few. I extend my deepest of gratitude to‚ Mrs. SANGEETHA NIKKAM‚ my project
Premium Finance Investment Corporate finance
Tierra Burrell May 10‚ 2014 Criminal Justice Components Project 1 Westwood College Questions Police Criminal Courts Correctional Agencies Question 1 Gatekeepers to the criminal justice system. Enforcing laws and providing services like counseling. Presenting evidence and hearing cases. “Provide impartiality to those accused of committing criminal offenses.”- Allen & Sawhney (2010). End Result. Not as structured as court or police more so a level of different care and treatments but
Premium Criminal justice Crime Police
³WORKING CAPITAL MANAGEMENT OF OIL AND NATURAL GAS CORPORATION (ONGC)´ PROJECT REPORT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE OF MASTERS IN MANAGEMENT STUDIES MUMBAI UNIVERSITY Submitted By ANKUR JAIN (MMS- Finance) MET¶s INSTITUTE OF MANAGEMENT MET COMPLEX‚ BANDRA RECLAMATION‚ BANDRA(W) MUMBAI-400050 Page | 1 CONTENTS Student¶s declaration Acknowledgement Executive Summary Company profile Methodology used Concept of working capital Factors
Premium Working capital Financial ratios Inventory
firm‚ whether big‚ medium of small‚ needs working capital to carry on its operations and to achieve its targets. Proper management of working capital is an important role of firm’s life. Working capital is essential to maintain the smooth running of business. No business can run successfully without an adequate amount of working capital. Inadequacy of working capital may lead the firm to insolvency and excessive working capital implies idle funds‚ which earns no profits for business
Premium Working capital Inventory Corporate finance