Soumettre la recherche
Mettre en ligne
Chapter 9 on Valuation and Reporting in Organization
•
Télécharger en tant que PPTX, PDF
•
1 j'aime
•
595 vues
F
Firdaus Fitri Zainal Abidin
Suivre
Chapter 9 on Valuation and Reporting in Organization
Lire moins
Lire la suite
Économie & finance
Signaler
Partager
Signaler
Partager
1 sur 39
Télécharger maintenant
Recommandé
Chapter 5 on Valuation and Reporting in Organization
Chapter 5 on Valuation and Reporting in Organization
Chapter 5 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 7 on Valuation and Reporting in Organization
Chapter 7 on Valuation and Reporting in Organization
Chapter 7 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 2 on Valuation and Reporting in Organization
Chapter 2 on Valuation and Reporting in Organization
Chapter 2 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 3 on Valuation and Reporting in Organization
Chapter 3 on Valuation and Reporting in Organization
Chapter 3 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 4 on Valuation and Reporting in Organization
Chapter 4 on Valuation and Reporting in Organization
Chapter 4 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 10 on Valuation and Reporting in Organization
Chapter 10 on Valuation and Reporting in Organization
Chapter 10 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 6 on Valuation and Reporting in Organization
Chapter 6 on Valuation and Reporting in Organization
Chapter 6 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 1 on Valuation and Reporting in Organization
Chapter 1 on Valuation and Reporting in Organization
Chapter 1 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Recommandé
Chapter 5 on Valuation and Reporting in Organization
Chapter 5 on Valuation and Reporting in Organization
Chapter 5 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 7 on Valuation and Reporting in Organization
Chapter 7 on Valuation and Reporting in Organization
Chapter 7 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 2 on Valuation and Reporting in Organization
Chapter 2 on Valuation and Reporting in Organization
Chapter 2 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 3 on Valuation and Reporting in Organization
Chapter 3 on Valuation and Reporting in Organization
Chapter 3 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 4 on Valuation and Reporting in Organization
Chapter 4 on Valuation and Reporting in Organization
Chapter 4 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 10 on Valuation and Reporting in Organization
Chapter 10 on Valuation and Reporting in Organization
Chapter 10 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 6 on Valuation and Reporting in Organization
Chapter 6 on Valuation and Reporting in Organization
Chapter 6 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 1 on Valuation and Reporting in Organization
Chapter 1 on Valuation and Reporting in Organization
Chapter 1 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 8 on Valuation and Reporting in Organization
Chapter 8 on Valuation and Reporting in Organization
Chapter 8 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 9-ratio-analysis121
Chapter 9-ratio-analysis121
Anjaneyulu Bandi
Financial ratios
Financial ratios
elthea18
Accounting Ratios
Accounting Ratios
Muhammad Talha
Financial ratios
Financial Ratios
Financial Ratios
Maroof Hussain Sabri
A Practical Approach to Financial Statement Analysis
A Practical Approach to Financial Statement Analysis
Credit Management Association
The aim of this PPT's to provide complete knowledge of Ratio Analysis chapter covering all the formula's for any university student of B.com, M.com, BBA and MBA.
Ratio analysis advantages and limitations (Complete Chapter)
Ratio analysis advantages and limitations (Complete Chapter)
Syed Mahmood Ali
financial statement analysis , competencies for ratio analysis , function and purposes of ratio analysis , classes of ratios , liquidity ratios , activity ratios / asset management ratios , profitability ratios , debt or leverage ratios/solvency ratios , debt ratio , times interest earned ratio , market ratios , return on common equity (roe) , fixed-payment coverage ratio , gross profit margin , earnings per share (eps) , price/earnings (p/e) ratio , operating profit margin , market/book (m/b) ratio , return on total assets (roa) , net profit margin
Financial Statement Analysis
Financial Statement Analysis
Jubayer Alam Shoikat
Financial statement analysis
Financial statement analysis
Nikhiliit
Financial Statements, Financial Ratios
Bba 2204 fin mgt week 3 financial ratios
Bba 2204 fin mgt week 3 financial ratios
Stephen Ong
The following is Investopedia's Financial Ratios Tutorial (Eng), made into a PPTx for easy use where internet services are limited. The information only covers the formulas presented, but not the whole process of usage, nor the file the site provides. Also, it comes with a translated (Spa) chart of the most common financial ratios used in Mexican accounting. This content is property of the original authors and I claim no ownership over it. Hopefully, it will serve as a tool for promoting knowledge and internationalization.
Financial ratios for bilingual classes
Financial ratios for bilingual classes
Luz Valera
Brief Overview of Financial Ratio Analysis
Financial Ratio Analysis
Financial Ratio Analysis
Dennis L. Thompson, CPA, CFE
Financial ratios are indispensable to form a clear financial insight in the position of a company. They show the financial health and the potential of the company.
Financial ratios Part 1
Financial ratios Part 1
PlanMagic Corporation
7 limitations of ratio analysis
7 limitations of ratio analysis
John McSherry
explains ratio analysis and why we find them and what we interpret from them
Ratio analysis
Ratio analysis
Ahmad Awan
Introduction to DuPont model. This presentation tries to understand the DuPont equation and explain its components. Author Sagnik Monga is Research Intern with Adroit Research.
DuPont Analysis
DuPont Analysis
Adroit Financial services Pvt. Ltd.
Analysis of financial statements
Analysis of financial statements
Dr. Abzal Basha
Ratio analysis....
Ratio analysis....
Sandeep Gupta
Vertical common size balance sheet
Vertical common size balance sheet
Stewart Serrao
cost of capital, beta, risk, risky project,weighted average cost of capital, market efficiency, semi-efficient market, weak efficient market
capital asset pricing model for calculating cost of capital for risk for risk...
capital asset pricing model for calculating cost of capital for risk for risk...
University of Balochistan
How to determine cost of capital (WACC) in the telecommunications industry? What are the main driver?
Cost Of Capital in the Telco Industry
Cost Of Capital in the Telco Industry
pklune
MidlandCase
MidlandCase
Christie Apodaca
Contenu connexe
Tendances
Chapter 8 on Valuation and Reporting in Organization
Chapter 8 on Valuation and Reporting in Organization
Chapter 8 on Valuation and Reporting in Organization
Firdaus Fitri Zainal Abidin
Chapter 9-ratio-analysis121
Chapter 9-ratio-analysis121
Anjaneyulu Bandi
Financial ratios
Financial ratios
elthea18
Accounting Ratios
Accounting Ratios
Muhammad Talha
Financial ratios
Financial Ratios
Financial Ratios
Maroof Hussain Sabri
A Practical Approach to Financial Statement Analysis
A Practical Approach to Financial Statement Analysis
Credit Management Association
The aim of this PPT's to provide complete knowledge of Ratio Analysis chapter covering all the formula's for any university student of B.com, M.com, BBA and MBA.
Ratio analysis advantages and limitations (Complete Chapter)
Ratio analysis advantages and limitations (Complete Chapter)
Syed Mahmood Ali
financial statement analysis , competencies for ratio analysis , function and purposes of ratio analysis , classes of ratios , liquidity ratios , activity ratios / asset management ratios , profitability ratios , debt or leverage ratios/solvency ratios , debt ratio , times interest earned ratio , market ratios , return on common equity (roe) , fixed-payment coverage ratio , gross profit margin , earnings per share (eps) , price/earnings (p/e) ratio , operating profit margin , market/book (m/b) ratio , return on total assets (roa) , net profit margin
Financial Statement Analysis
Financial Statement Analysis
Jubayer Alam Shoikat
Financial statement analysis
Financial statement analysis
Nikhiliit
Financial Statements, Financial Ratios
Bba 2204 fin mgt week 3 financial ratios
Bba 2204 fin mgt week 3 financial ratios
Stephen Ong
The following is Investopedia's Financial Ratios Tutorial (Eng), made into a PPTx for easy use where internet services are limited. The information only covers the formulas presented, but not the whole process of usage, nor the file the site provides. Also, it comes with a translated (Spa) chart of the most common financial ratios used in Mexican accounting. This content is property of the original authors and I claim no ownership over it. Hopefully, it will serve as a tool for promoting knowledge and internationalization.
Financial ratios for bilingual classes
Financial ratios for bilingual classes
Luz Valera
Brief Overview of Financial Ratio Analysis
Financial Ratio Analysis
Financial Ratio Analysis
Dennis L. Thompson, CPA, CFE
Financial ratios are indispensable to form a clear financial insight in the position of a company. They show the financial health and the potential of the company.
Financial ratios Part 1
Financial ratios Part 1
PlanMagic Corporation
7 limitations of ratio analysis
7 limitations of ratio analysis
John McSherry
explains ratio analysis and why we find them and what we interpret from them
Ratio analysis
Ratio analysis
Ahmad Awan
Introduction to DuPont model. This presentation tries to understand the DuPont equation and explain its components. Author Sagnik Monga is Research Intern with Adroit Research.
DuPont Analysis
DuPont Analysis
Adroit Financial services Pvt. Ltd.
Analysis of financial statements
Analysis of financial statements
Dr. Abzal Basha
Ratio analysis....
Ratio analysis....
Sandeep Gupta
Vertical common size balance sheet
Vertical common size balance sheet
Stewart Serrao
Tendances
(19)
Chapter 8 on Valuation and Reporting in Organization
Chapter 8 on Valuation and Reporting in Organization
Chapter 9-ratio-analysis121
Chapter 9-ratio-analysis121
Financial ratios
Financial ratios
Accounting Ratios
Accounting Ratios
Financial Ratios
Financial Ratios
A Practical Approach to Financial Statement Analysis
A Practical Approach to Financial Statement Analysis
Ratio analysis advantages and limitations (Complete Chapter)
Ratio analysis advantages and limitations (Complete Chapter)
Financial Statement Analysis
Financial Statement Analysis
Financial statement analysis
Financial statement analysis
Bba 2204 fin mgt week 3 financial ratios
Bba 2204 fin mgt week 3 financial ratios
Financial ratios for bilingual classes
Financial ratios for bilingual classes
Financial Ratio Analysis
Financial Ratio Analysis
Financial ratios Part 1
Financial ratios Part 1
7 limitations of ratio analysis
7 limitations of ratio analysis
Ratio analysis
Ratio analysis
DuPont Analysis
DuPont Analysis
Analysis of financial statements
Analysis of financial statements
Ratio analysis....
Ratio analysis....
Vertical common size balance sheet
Vertical common size balance sheet
Similaire à Chapter 9 on Valuation and Reporting in Organization
cost of capital, beta, risk, risky project,weighted average cost of capital, market efficiency, semi-efficient market, weak efficient market
capital asset pricing model for calculating cost of capital for risk for risk...
capital asset pricing model for calculating cost of capital for risk for risk...
University of Balochistan
How to determine cost of capital (WACC) in the telecommunications industry? What are the main driver?
Cost Of Capital in the Telco Industry
Cost Of Capital in the Telco Industry
pklune
MidlandCase
MidlandCase
Christie Apodaca
L2 flash cards equity - SS 10
L2 flash cards equity - SS 10
analystbuddy
MECH 3330 Project 2 Due: 12/1/16 Design a tube bank that will increase the temperature of a 1200 CFM flow of air from 35⁰F to 100⁰F. Assume a constant pressure of 1atm. Each tube will have a diameter of 0.5in and a length of 24in. The tube configuration must fit in an area of 18in by 18in. Assume reasonable uniform surface temperature for the outside of the tubes. Finding will be presented in a report with a memo cover sheet. A narrative including an Introduction, Analysis Methods, Results, and Conclusions needs to be provided. Introduction: Describe the problem Analysis Methods: Describe the methods used to analyze the problem. Include equations used and any other tools used. Results: Provide a dimensioned drawing of the design along with any results obtained from calculations or other analysis methods. The drawing should include the tube configuration, number of tubes, and tub spacing. Conclusions: Provide a summary of the problem, analysis, and results. Also discuss what measurements and controls should be added to insure 100⁰F air at the exit. Notes: The report must be created in a word processing program. All drawings must be created with a computer aided drafting program. Internally Reference all research sources and also include a reference page FINAL EXAM MGT 5002 MULTIPLE CHOICE CHAPTER 9 (9-5) Required return 1). If in the opinion of a given investor a stock’s expected return exceeds its required return, this suggests that the investor thinks a. the stock is experiencing supernormal growth. b. the stock should be sold. c. the stock is a good buy. d. management is probably not trying to maximize the price per share. e. dividends are not likely to be declared. (9-1) Preemptive right 2). The preemptive right is important to shareholders because it a. allows managers to buy additional shares below the current market price. b. will result in higher dividends per share. c. is included in every corporate charter. d. protects the current shareholders against a dilution of their ownership interests. e. protects bondholders, and thus enables the firm to issue debt with a relatively low interest rate. (9-2) Classified stock 3). Companies can issue different classes of common stock. Which of the following statements concerning stock classes is CORRECT? a. All common stocks fall into one of three classes: A, B, and C. b. All common stocks, regardless of class, must have the same voting rights. c. All firms have several classes of common stock. d. All common stock, regardless of class, must pay the same dividend. e. Some class or classes of common stock are entitled to more votes per share than other classes. (9-5) Constant growth model 4). If a stock’s dividend is expected to grow at a constant rate of 5% a year, which of the following statements is CORRECT? The stock is in equilibrium. a. The expected return on the stock is 5% a year. b. The stock’s ...
MECH 3330 Project 2 Due 12116 Design a tube bank that .docx
MECH 3330 Project 2 Due 12116 Design a tube bank that .docx
ARIV4
The Capital Asset Pricing Model (CAPM) measures the relationship between the expected return and the risk of investing in security. This model is used to analyze securities and price them given the expected rate of return and cost of capital involved.
Capital asset pricing Model (CAPM-Asif).pptx
Capital asset pricing Model (CAPM-Asif).pptx
AsifHasan395472
Risk, Cost of Capital, and Valuation Chapter 13 Copyright © 2013 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin * 13-* Key Concepts and SkillsKnow how to determine a firm’s cost of equity capitalUnderstand the impact of beta in determining the firm’s cost of equity capitalKnow how to determine the firm’s overall cost of capitalUnderstand the impact of flotation costs on capital budgeting * 13-* Chapter Outline 13.1 The Cost of Equity Capital 13.2 Estimating the Cost of Equity Capital with the CAPM 13.3 Estimation of Beta 13.4Determinants of Beta 13.5The Dividend Discount Model Approach 13.6Cost of Capital for Divisions and Projects 13.7Cost of Fixed Income Securities 13.8The Weighted Average Cost of Capital 13.9Valuation with RWACC 13.10Estimating Eastman Chemical’s Cost of Capital 13.11Flotation Costs and the Weighted Average Cost of Capital * 13-* Where Do We Stand?Earlier chapters on capital budgeting focused on the appropriate size and timing of cash flows.This chapter discusses the appropriate discount rate when cash flows are risky. * The terms discount rate, required return, and cost of capital are all synonymous. 13-* Invest in project 13.1 The Cost of Equity Capital Firm with excess cash Shareholder’s Terminal Value Pay cash dividend Shareholder invests in financial asset Because stockholders can reinvest the dividend in risky financial assets, the expected return on a capital-budgeting project should be at least as great as the expected return on a financial asset of comparable risk. A firm with excess cash can either pay a dividend or make a capital investment * Therefore, the discount rate of a project should be the expected return on a financial asset of comparable risk. 13-* The Cost of Equity CapitalFrom the firm’s perspective, the expected return is the Cost of Equity Capital:To estimate a firm’s cost of equity capital, we need to know three things:The risk-free rate, RFThe market risk premium,The company beta, * 13-* ExampleSuppose the stock of Stansfield Enterprises, a publisher of PowerPoint presentations, has a beta of 1.5. The firm is 100% equity financed. Assume a risk-free rate of 3% and a market risk premium of 7%.What is the appropriate discount rate for an expansion of this firm? * You may want to note that this example assumes expansion into projects that are similar to the existing nature of the business. Also, point out that the firm is all equity, thus its discount rate is the cost of equity. 13-* Example Suppose Stansfield Enterprises is evaluating the following independent projects. Each costs $100 and lasts one year. Project Project b Project’s Estimated Cash Flows Next Year IRR NPV at 13.5% A 1.5 $125 25% $10.13 B 1.5 $113.5 13.5% $0 C 1.5 $105 5% -$7.49 * 13-* Using the SML An all-equity firm should accept projects whose IRRs exceed the cost of equity capital and reject projects whose IRRs fall sh ...
Risk, Cost of Capital, and ValuationChapter 13Copyrigh.docx
Risk, Cost of Capital, and ValuationChapter 13Copyrigh.docx
joellemurphey
Shows a step by step method of how you can make an investment portfolios using various screening criteria in bloomberg
How to make an investment portfolio using bloomberg
How to make an investment portfolio using bloomberg
Payal Golui
Estimating Cost of Capital in the Current Environment
Estimating Cost of Capital in the Current Environment
Paul Daddio, CFA, ASA
Pricing of Risk
Pricing of Risk
Rijish Chandran
This presentation is an overview Cost of Capital. Dr. Soheli Ghose ( Ph.D (University of Calcutta), M.Phil, M.Com, M.B.A., NET (JRF), B. Ed). Assistant Professor, Department of Commerce,St. Xavier's College, Kolkata. Guest Faculty, M.B.A. Finance, University of Calcutta, Kolkata
Cost of capital
Cost of capital
Dr. Soheli Ghose Banerjee
Marriott Corporation. Cost of Capital (Abridged)
Marriott Corporation. Cost of Capital
Marriott Corporation. Cost of Capital
TurumbayevRassul
Overview , market understanding, deep drive
Financial Management - An overview
Financial Management - An overview
Tanmay Rajpurkar
.
COST OF EQUITY
COST OF EQUITY
Ravi kumar
FIN 534 Financial Management – FIN534 Homework Purchased Now From Below: http://hwminute.com/downloads/fin-534-financial-management-fin534-homework/
Fin 534 financial management – fin534 homework
Fin 534 financial management – fin534 homework
Homework Help Online
Revision materials cf mba wic
Revision materials cf mba wic
Arathy Krishna
Agenda Comprehending risk when modeling investment (project) decisions Standalone Risk Market Risk 1 1 Project Risk Standalone Risk: Risk based on uncertainty of a projects cash flows Sensitivity Scenarios Breakeven Simulations Market Risk: Risk of the project as seen by a well diversified investor Beta 2 Sensitivity, Scenario, and Break-Even Each allows us to look behind the NPV number to see how stable our estimates are. Breakeven: sales required to breakeven Accounting break-even: sales volume at which net income = 0 Cash break-even: sales volume at which operating cash flow = 0 Financial break-even: sales volume at which net present value = 0 Sensitivity: how sensitive a particular NPV calculation is to changes in an input variable holding all other assumptions are held constant Scenario: examine impact on NPV given a confluence of factors When working with spreadsheets, try to build your model so that you can adjust variables in a single cell and have the NPV calculations update accordingly. 3 3 Monte Carlo Simulation A more sophisticated variation of the scenario analysis is Monte Carlo simulation. In a Monte Carlo simulation, analysts specify a range or a distribution of potential outcomes for each of the model’s assumptions. Pick a probability distribution for each input variable (units, price, variable costs, etc). The computer program will pick a random value from each input variable, calculate the NPV and store the result. This is a trial. Repeat the process many times, saving the input variables and the output (NPV). End result: Probability distribution of NPV based on sample of simulated values. 4 Example 5 6 When a firm with both debt and equity invests in an asset similar to its existing assets (business), the WACC is the appropriate discount rate to use in NPV calculations. In conglomerates, the WACC reflects the return that the firm must earn on average across all its assets to satisfy investors, but using the WACC to discount cash flows of a particular investment leads to mistakes. Any project’s cost of capital depends on the use to which the capital is being put—not the source. Therefore, it depends on the risk of the project and not the risk of the company. When a firm invests in an asset that is different from its existing assets, it should look for pure-play firms to find the right discount rate. 6 Finding the Right Discount Rate 6 You are a financial analyst at General Electric and are preparing a cost of equity estimate for a project analysis using NPV: CAPM = Risk Free Rate + Beta * Market Risk Premium 9.5% = 3.0% + 1.1 * 5.9% Lines of Business Financial Services Power Generation Aviation Transportation Health Care Consumer Goods When evaluating a new power generation investment for GE, which cost of capital should be used? Capital Budgeting & Project Risk 7 Beta 1.8 0.6 1.2 1.3 0.8 1.1 7 17 Capital Budgeti.
AgendaComprehending risk when modeling investment (project) de.docx
AgendaComprehending risk when modeling investment (project) de.docx
galerussel59292
Ch 06
Ch 06
kpserver
The presentation on Capital Asset Pricing Model.
THE CAPM.pptx
THE CAPM.pptx
MinnaAshly
Financial Reporting and Analysis 11e
ch06sol.pdf
ch06sol.pdf
NghiemLoi1
Similaire à Chapter 9 on Valuation and Reporting in Organization
(20)
capital asset pricing model for calculating cost of capital for risk for risk...
capital asset pricing model for calculating cost of capital for risk for risk...
Cost Of Capital in the Telco Industry
Cost Of Capital in the Telco Industry
MidlandCase
MidlandCase
L2 flash cards equity - SS 10
L2 flash cards equity - SS 10
MECH 3330 Project 2 Due 12116 Design a tube bank that .docx
MECH 3330 Project 2 Due 12116 Design a tube bank that .docx
Capital asset pricing Model (CAPM-Asif).pptx
Capital asset pricing Model (CAPM-Asif).pptx
Risk, Cost of Capital, and ValuationChapter 13Copyrigh.docx
Risk, Cost of Capital, and ValuationChapter 13Copyrigh.docx
How to make an investment portfolio using bloomberg
How to make an investment portfolio using bloomberg
Estimating Cost of Capital in the Current Environment
Estimating Cost of Capital in the Current Environment
Pricing of Risk
Pricing of Risk
Cost of capital
Cost of capital
Marriott Corporation. Cost of Capital
Marriott Corporation. Cost of Capital
Financial Management - An overview
Financial Management - An overview
COST OF EQUITY
COST OF EQUITY
Fin 534 financial management – fin534 homework
Fin 534 financial management – fin534 homework
Revision materials cf mba wic
Revision materials cf mba wic
AgendaComprehending risk when modeling investment (project) de.docx
AgendaComprehending risk when modeling investment (project) de.docx
Ch 06
Ch 06
THE CAPM.pptx
THE CAPM.pptx
ch06sol.pdf
ch06sol.pdf
Plus de Firdaus Fitri Zainal Abidin
Managing and Controlling Ethics Programs
Chapter 9 Managing and Controlling Ethics Programs
Chapter 9 Managing and Controlling Ethics Programs
Firdaus Fitri Zainal Abidin
Globalization of Ethical Decision Making
Chapter 10 Globalization of Ethical Decision Making
Chapter 10 Globalization of Ethical Decision Making
Firdaus Fitri Zainal Abidin
Measuring Macroeconomic Activity
Chapter 10 Measuring Macroeconomic Activity