the assumptions in Exhibit 12? Which assumptions would you question? 4. Do you think the raider is justified in offering $70/share? 5. How would you advise the Interco board on the $70 offer? Note: Some of the line items in the balance sheet in Exhibit 6 do not sum up to the sub-totals. You should assume the individual line items are correct. For purposes of discussion‚ please assume the following: The discount rate or cost of capital is 13%. The market risk-premium‚ E(Rm) -
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CAPSTONE CASE 1: ECO-PRODUCTS‚ INC. End-of-Case Assignments: Suggested Discussions and Analyses A. Describe Eco-Products’ early history (1990 through 2003). Would you view the firm during that period as being a life-style business‚ an entrepreneurial venture‚ or? Why? Steve Savage and his father founded the company in 1990 with the intent to provide eco-friendly paper and janitorial supplies. They chose to locate the business in Boulder‚ Colorado‚ a community known for its support
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Ministry of Finance Notification. 4. Balance with Other Banks & Financial Institutions In Bangladesh Outside Bangladesh 4.1 In Bangladesh Current & Other Account: Current account Short Term Deposit Term Deposit Term Deposit -Depreciation Fund Term Deposit -Building Fund Term Deposit -Loan Redemption Fund 4.1.1 Term Deposit Janata Bank Ltd. Sonali Bank Ltd. National Bank of Pakistan AB Bank Ltd. United Commercial Bank Ltd. ICB Islami Bank Ltd. National Credit and Commerce Bank Ltd. National Bank Ltd
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a å xi þ b å yi i¼1 n var(aX þ bY þ cZ ) ¼ a2var(X) þ b2var(Y ) þ c2var(Z ) þ 2abcov(X‚Y ) þ 2accov(X‚Z ) þ 2bccov(Y‚Z ) n å ða þ bxi Þ ¼ na þ b å xi i¼1 If X‚ Y‚ and Z are independent‚ or uncorrelated‚ random variables‚ then the covariance terms are zero and: i¼1 n å xi x1 þ x2 þ Á Á Á þ xn x ¼ i¼1n ¼ n varðaX þ bY þ cZÞ ¼ a2 varðXÞ n å ðxi À xÞ ¼ 0 þ b2 varðYÞ þ c2 varðZÞ i¼1 2 3 2 å å f ðxi ; yj Þ ¼ å ½ f ðxi ; y1 Þ þ f ðxi ; y2 Þ þ f ðxi ; y3 Þ i¼1 j¼1 i¼1 ¼ f ðx1 ; y1 Þ
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POOR PRODUCTIVITY IN DESCO: PROBABLE SOLUTIONS 1.0 INTRODUCTION Dhaka Electric Supply Company (DESCO) has been a trendsetter in Bangladesh electric supply company since its inception since incorporated under the company act in 1994. Over the last decade DESCO actually rose to a new standard – moving beyond electric supply co. to win mindshare of clients‚ users‚ shareholders‚ business partners and communities where we work and live. DESCO was constituted to provide uninterrupted & stable
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On January 4‚ 2010‚ Harley‚ Inc. acquired 40% of the outstanding common stock of Bike Co. for $2‚400‚000. This investment gave Harley the ability to exercise significant influence over Bike. Bike’s assets on that date were recorded at $10‚500‚000 with liabilities of $4‚500‚000. There were no other differences between book and fair values. During 2010‚ Bike reported net income of $500‚000. For 2011‚ Bike reported net income of $800‚000. Dividends of $300‚000 were paid in each of these two years.
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exposure and important of credit risk and credit risk management are increasing with time because of some reasons like economic crises and stagnation‚ company bankruptcies‚ infraction of rules in company accounting and audits‚ growth of off-balance sheet derivatives‚ declining and volatile values of collateral‚ borrowing more easily of small firms‚ financial globalization and BIS risk-based capital requirements. Credit risk can be defined as the risk of losses caused by the default of borrowers. Default
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Jones Ironworks Inc. Background Frederick Jones was a master blacksmith who emigrated from England to Erindale‚ Ontario where he set up his shop. From this small shop‚ Fred Jones plied his trade‚ shoeing horses and making wonderful wrought iron works‚ using simple forges and hand tools. His works can still be found in the village of historic structures like St. Peter’s Church‚ a masterpiece that sits high above the Credit River. In the true spirit of Frederic Jones‚ all the products are
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Visayas-based restaurant chain specializing in grilled chicken‚ in a deal worth P3 billion. In its disclosure to the Philippine Stock Exchange on Oct. 18‚ JFC said it has submitted an unsolicited offer to acquire 70 percent of Mang Inasal Philippines Inc. (MIPI)‚ which was
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Tire City‚ Inc. (TCI) is a rising distributor of automotive tires in northeastern United States. Their distribution centers arelocated throughout eastern Massachusetts. Their tires are sold as on-demand bases with chain of 10 shops located all throughout eastern Massachusetts with a central warehouse outside Massachusetts. Due to this proximity of warehouse‚ TCI stores enjoyed just-in-time delivery with only 24 hours of lag time. Tire City‚ Inc. sales have grown at compounded annual rate in excess
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