# Register now to access 7 million high quality study materials (What's Course Hero?) Course Hero is the premier provider of high quality online educational resources. With millions of study documents, online tutors, digital flashcards and free courseware, Course Hero is helping students learn more efficiently and effectively. Whether you're interested in exploring new subjects or mastering key topics for your next exam, Course Hero has the tools you need to achieve your goals.

44 Pages

### Ch02 Show

Course: BUS 510, Spring 2012
School: La Verne
Rating:

Word Count: 1295

#### Document Preview

2 Chapter Financial Statements, Cash Flow, and Taxes 1 Topics in Chapter Income statement Balance sheet Statement of cash flows Free cash flow MVA and EVA Corporate taxes Personal taxes 2 n n n n n n n Determinants of Intrinsic Value: Calculating FCF Sales revenues - Operating costs and taxes - Required investments in operating capital Free cash flow (FCF) = FCF1 FCF2 ... Value = +...

Register Now

#### Unformatted Document Excerpt

Coursehero >> California >> La Verne >> BUS 510

Course Hero has millions of student submitted documents similar to the one
below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

Course Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.
Find millions of documents on Course Hero - Study Guides, Lecture Notes, Reference Materials, Practice Exams and more. Course Hero has millions of course specific materials providing students with the best way to expand their education.

Below is a small sample set of documents:

La Verne - BUS - 510
CHAPTER 11 Cash Flow Estimation and Risk Analysis1TopicsnEstimating cash flows:n nnRisk analysis: n n nRelevant cash flows Working capital treatment Sensitivity analysis Scenario analysis Simulation analysis2nReal optionsThe Big Picture: Proj
La Verne - BUS - 510
Chapters 9 &amp; 10 Solutions 9-9 Enter these values: N = 60, PV = -515.16, PMT = 30, and FV = 1000, to get I = 6% = periodic rate. The nominal rate is 6%(2) = 12%, and the after-tax component cost of debt is 12%(0.6) = 7.2%.9-10a. rs =\$2.14 D1 +g= + 7% =
La Verne - BUS - 510
Cost of Capital Chapter 9Definition of capital: Capital is defined as the long-term funds the firm raises to purchase assets. The emphasis here is on long-term. Short-term borrowing is not capital. Short-term financing is used to manage the firm's cash p
La Verne - BUS - 510
Capital Budgeting (Chapter 10) Introduction In this topic we will consider an important issue for corporations. If you look at a company, it is made up of a group of projects. A company will run a project until it matures or for a certain number of years
La Verne - BUS - 510
Chapter 5 Bonds, Bond Valuation, and Interest Rates1Topics in Chaptern n n nKey features of bonds Bond valuation Measuring yield Assessing risk2Determinants of Intrinsic Value: The Cost of DebtNet operating profit after taxes Free cash flow (FCF)-
La Verne - BUS - 510
CHAPTER 7 Stocks, Stock Valuation, and Stock Market Equilibrium1Topics in Chaptern n n n n nFeatures of common stock Valuing common stock Preferred stock Stock market equilibrium Efficient markets hypothesis Implications of market efficiency for finan
La Verne - BUS - 510
CHAPTER 13 Corporate Valuation, ValueBased Management and Corporate Governance 1Topics in Chaptern n nCorporate Valuation ValueBased Management Corporate Governance2Intrinsic Value: Putting the Pieces TogetherNet operating profit after taxes- Free
La Verne - BUS - 510
Inputs Equipment Cost Salvage Value, Year 4 Units Sold, Year 1 Annual change in units sold, after Year 1 Sales price per unit, Year 1 Annual change in sales price, after Year 1 Variable cost per unit (VC), Year 1 Annual change in VC, after Year 1 Fixed Co
La Verne - BUS - 510
Corporate valuationPlease read chapter 15 in the textbook in addition to these notes. Those of you who took ECBU 500D with probably remember me explaining that the price of any thing is the present value of future benefits. For example, the price of a ch
La Verne - BUS - 510
Year: Investment PV Cash Flow NPV IRR Profitability Index Payback0123-100000 40000 40000 50000 \$115,984.61 \$37,842.95 \$35,802.22 \$42,339.43 \$15,984.61 13.78% 1.16 2 Years + 20,000/50,000 0.4 2.4 YearsYear: Investment WACC: 8.00% Cash Flow NPV IRR PI
La Verne - BUS - 510
Chapter 5 Bonds, Bond Valuation, and Interest Rates5-7 The problem asks you to find the price of a bond, given the following facts: N = 16; I/YR = 8.5/2 = 4.25; PMT = 50; FV = 1000. With a financial calculator, solve for PV = \$1,085.80 5-8 With your fina
La Verne - BUS - 510
University of La VerneCollege of Business &amp; Public Management BUS 530 Financial ManagementSample Case The La Verne Company is considering adding a new line to its product mix, a capital budgeting analysis is required. The production line would be set up
La Verne - BUS - 510
CHAPTER 14 Distributions to Shareholders: Dividends and Repurchases1Topics in ChapterTheories of investor preferences Signaling effects Residual model Stock repurchases Stock dividends and stock splits Dividend reinvestment plans2n n n n n nFree Cas
La Verne - BUS - 510
Chapter 13 Corporate Valuation, Value-Based Management, and Corporate Governance13-6 a. HV2 = = \$2,700,000. b. \$ 0|1|2|3| N|\$80,000 71,428.57 79,719.39 2,152,423.47 \$2,303,571.43\$100,000\$108,00013-7a. HV3 = = \$713.33. b. 0|1|2|3|4
La Verne - BUS - 510
Chapter 15 Capital Structure Decisions15-7 a. Here are the steps involved: (1) Determine the variable cost per unit at present, V: Profit \$500,000 50(V) V (2) = P(Q) - FC - V(Q) = (\$100,000)(50) - \$2,000,000 - V(50) = \$2,500,000 = \$50,000.Determine the
La Verne - BUS - 510
Year Investment Sales Cost Depreciation EBIT Taxes (40%) Net Cash Flow Depreciation Salvage Value Tax on Salvage value Working Capital Net Operating Cash Flow Discounted Cash Flow (10%) NPV IRR Profitability Index Payback0 \$(240,000.00)1 \$250,000.00 \$12
TAMU Commerce - MIS - 5320
Advanced Programming Assignment 1Professor: Dr. Balaji Janamanchi Course: MIS 5330 - Advanced Programming Student Name: Abhishek Umesh Student ID: A00089269 Date: 9/9/2010Question 1: Create windows forms application in Visual Basic 2008 that displays a
Spartanburg Community College - ECON - 231
1/128Title 96 Tears I'm Not In Love Things We Do For Love Coming Home Faster Babe I Ain't Mad At Cha It's Not My Time Kryptonite That Smell Closer to the Edge Back Where You Belong Starstrukk The Hardest Thing Almost Lover Near To You I Ran (So Far Away)
University of South Africa - IT - 101
FAC1502/102/2/2011DEPARTMENT OF FINANCIAL ACCOUNTING ACCOUNTING MODULE FAC1502 TUTORIAL LETTER 102/2/2011 FOR FAC1502 Dear Student Please take note of the following information regarding this module: 1. CONTACT DETAILS The contact details of the lecturer
University of South Africa - IT - 101
FAC1502/201/2/2011SCHOOL OF ACCOUNTING SCIENCES DEPARTMENT OF FINANCIAL ACCOUNTING ACCOUNTING COURSE FAC1502TUTORIAL LETTER 201 FOR FAC1502 SOLUTION ASSIGNMENT 01/2/2011 (SECOND SEMESTER)Dear Student Enclosed you will find the solutions to assignment 0
University of South Africa - IT - 101
FAC1502/202/2/2011SCHOOL OF ACCOUNTING SCIENCES DEPARTMENT OF FINANCIAL ACCOUNTING ACCOUNTING COURSE FAC1502TUTORIAL LETTER 202 FOR FAC1502 SOLUTION ASSIGNMENT 02/2/2011 (SECOND SEMESTER)Dear Student Enclosed you will find the solution to assignment 02
University of South Africa - IT - 101
FAC1502 TEST FOUR WEEK SEVENQUESTION (15 marks) (18 minutes)The following information for the year ended 31 March 2009 relates to Jumbo Traders: Inventory (1 April 2008) Purchases Railage on purchases Sales Railage on sales Purchases Returns Sales Retur
University of South Africa - IT - 101
FAC1502 SOLUTION TO TEST FOUR WEEK SEVENQUESTION (15 marks) (18 minutes) = 1 mark (amounts must be correct) (M) = method mark (to be awarded if amount is incorrect but placed correctly) ^ = mark (amounts must be correct)1.Calculation of Closing Invent
University of South Africa - IT - 101
FAC1502 TEST ONE WEEK THREEQUESTION ONE (14 marks) (17minutes)Piet van der Merwe is a student who runs a transport business, VCD Safe Transport. He transports VC students to and from VC. TRANSACTIONS for the month of May 2010 1. 2. 3. 4. 5. 6. 7. Purcha
University of South Africa - IT - 101
FAC1502 SOLUTION TO TEST ONE WEEK THREEQUESTION ONE (14 marks) (17 minutes)Marking - only for A/c DR and A/c CR (both must be correct) and for A = OE + L (equation must be correct)NO. A/C DR 1. 2. 3. Consumables Inventory (Petrol) Insurance DebtorsA/C
University of South Africa - IT - 101
FAC1502 TEST SEVEN WEEK TEN(41 MARKS) (49 MINUTES) QUESTION ONE (11 marks) (13 minutes)The following information was extracted from the accounting records of CheckBook Stores on 28 February 2010: Balances at 31 January 2010: Debtors Control Creditors Co
University of South Africa - IT - 101
FAC1502 SOLUTION TO TEST SEVEN WEEK TEN(41 MARKS) (49 MINUTES) = 1 mark amount and name of account must be correct () = 1 method mark (^) = method mark ^ = markQUESTION ONE (11 marks) (13 minutes)1.1 CHECK BOOK STORES GENERAL LEDGER CREDITORS CONTROL ^
University of South Africa - IT - 101
FAC1502 TEST SIX WEEK NINEQUESTION (20 marks) (24 minutes)The following information relates to Wild Dog Manufacturers. The Debtors' Control account has been prepared and not completed by an inexperienced bookkeeper. DEBTORS CONTROL2009 Feb 1 28Balance
University of South Africa - IT - 101
FAC1502 SOLUTION TO TEST SIX WEEK NINEQUESTION (20 marks) (24 minutes) = 1 mark (contra account and amount must be correct) (^) = method markWILD DOG MANUFACTURERS GENERAL LEDGER DEBTORS' CONTROL2009 Feb 1Balance Bank (600 + 500^)b/d CPJ21 5602009
University of South Africa - IT - 101
FAC1502 TEST THREE WEEK FIVEQUESTION (15 marks) (20 minutes maximum)The following balances, amongst others, were extracted from the books of Walpole Woodworking Centre on 31 March 2010: Land &amp; Buildings Equipment Accumulated Depreciation on Equipment (1
University of South Africa - IT - 101
FAC1502 SOLUTION TO TEST THREE WEEK FIVEQUESTION (15 marks) (20 minutes maximum) = 1 mark account must be correctly debited or credited ^ = mark narration must be logical WALPOLE WOODWORKING CENTRE GENERAL JOURNAL FOR MARCH 2010 Debit 31 Depreciation Ac
University of South Africa - IT - 101
FAC1502 TEST TWO WEEK FOURQUESTION (23 MARKS) (25 MINUTES)Jack Jones runs JJ Personal Training Gym. He is a personal trainer and the Gym is registered as a VAT vendor. During the month of February 2009, the following transactions took place: 2 He issued
University of South Africa - IT - 101
FAC1502 SOLUTION TO TEST TWO WEEK FOURQUESTION (23 MARKS) (25 MINUTES) = 1 mark amount must be correctJJ PERSONAL TRAINING GYM CASH RECEIPTS JOURNAL FOR FEBRUARY 2009 CRJ1Doc No. Day Details Bank Debtors Control Fees Earned Vat Output Vat Input Settle
University of South Africa - IT - 101
INF1520/101/3/2011HUMAN-COMPUTER INTERACTION 1Tutorial letter 101 for INF15202011: Semester 1 and Semester 2School of ComputingHuman-Computer Interaction 12ContentsImportant Announcements . 3 1 2 3 3 4 5 6 7 8 9 Welcome. 4 Tutorial Matter . 5 Comm
University of South Africa - IT - 101
INF1520/201/2/2011HUMAN-COMPUTER INTERACTION 1Tutorial letter 201 for INF1520Solutions to Assignment 12011 Semester 2School of ComputingHuman-Computer Interaction 12Dear student,This tutorial letter contains the solutions to Assignment 1. By now
University of South Africa - IT - 101
INF1520/202/2/2011HUMAN-COMPUTER INTERACTION 1Tutorial letter 202 for INF1520Solutions to Assignment 22011 Semester 2School of ComputingHuman-computer Interaction 12Dear student,This tutorial letter contains the solutions to Assignment 2. By now
University of South Africa - IT - 101
INF1520/203/2/2011HUMAN-COMPUTER INTERACTION 1Tutorial letter 203 for INF1520Solutions to Assignment 3 &amp; Examination Information2011 Semester 2School of ComputingHuman-computer Interaction 12Dear student,This tutorial letter contains the solution
University of South Africa - IT - 101
University of South Africa - IT - 101
INF2611/101/3/2011COLLEGE OF SCIENCE, ENGINEERING AND TECHNOLOGY SCHOOL OF COMPUTINGVisual Programming II (INF2611) Tutorial Letter 101/2011PROPOSED SCHEDULE FOR INF2611 FOR 2011START HEREInstall software. Purchase prescribed book.Explore the module
University of South Africa - IT - 101
INF2611/102/02/2011INF2611 Semester 2 2011 TUTORIAL LETTER 102 EXAMINATION TUTORIAL LETTERDear INF2611 Student, This is a reminder that your exam for this module will be written in October/November 2011. Please ensure that you have the correct DATE, TIM
University of South Africa - IT - 101
COSALLF/301/4/2011IMPORTANT INFORMATION FOR ALL STUDENTS IN THE SCHOOL OF COMPUTING BELANGRIKE INLIGTING VIR ALLE STUDENTE IN DIE SKOOL VIR REKENAARKUNDETUTORIAL LETTER 301 STUDIEBRIEF 301SCHOOL OF COMPUTING SKOOL VIR REKENAARKUNDE2TABLE OF CONTENTS
University of South Africa - IT - 101
University of South Africa - IT - 101
University of South Africa - IT - 101
University of South Africa - IT - 101
MNB1601/101/3/2011 STREPIESKODE BAR CODEUNISA P248(A)NB! Read this tutorial letter first. It contains the compulsory assignments.DEPARTMENT OF BUSINESS MANAGEMENTBUSINESS MANAGEMENT 1B MNB1601 TUTORIAL LETTER 101/3/2011 SCHEME OF WORK, STUDY RESOURCES
University of South Africa - IT - 101
MNB1601/201/2/2011 STREPIESKODE BAR CODEUNISA P248(A)DEPARTMENT OF BUSINESS MANAGEMENTBUSINESS MANAGEMENT 1B MNB1601 TUTORIAL LETTER 201/2/2011UNISA2MNB1601/201Contents1 2 3 THE ASSIGNMENTS COMMENTS ON THE ASSIGNMENTS THE EXAMINATION 3.1 ADMISSION
University of South Africa - IT - 101
MNALLE-Q/302/4/2011STREPIESKODE BAR CODEUNISA P248(A)DEPARTMENT OF BUSINESS MANAGEMENTTUTORIAL LETTER 302 MNALLE-Q/4/2011TO ALL UNDERGRADUATE STUDENTS IN THE DEPARTMENT OF BUSINESS MANAGEMENTIT IS IMPERATIVE THAT YOU STUDY TUTORIAL LETTER 302 MNALLE
University of South Africa - IT - 101
1MNB102E Oct/Nov 2010This paper consists of 28 pages including 4 sheets of paper for rough work plus instructions for the completion of one mark reading sheet.This examination paper remains the property of the University of South Africa and may not be
University of South Africa - IT - 101
University of South Africa - IT - 101
University of South Africa - IT - 101
COS1512/102/1/2012Tutorial Letter 102/1/2012Introduction to Programming IICOS1512 Semester 1School of ComputingInvitation to WorkshopBar codeCONTENTS1. Invitation to Workshop.2 2. What to bring with to the workshop.2 3. Workshop Exercise.2Please
University of South Africa - IT - 101
Example Assignment 1TUTORIAL MATTER: Chapters 4 to 7 and 9 of the Study Guide Chapters 4 (section 4.6), 5 (section 5.5), 6 and 9 (excluding the optional parts of section 9.2) of SavitchAnswer all the questions. Submit all the programs you are required t
University of South Africa - IT - 101
Example Assignment 2TUTORIAL MATTER: Chapters 10, 11 and 12 of the Study Guide Chapters 10, 11 and 12 (excluding pages 700 to 712) of Savitch Appendices 7 and 8 in SavitchNB: section 6.4 in the 6th edition corresponds to section 10.4 in the 7th edition
University of South Africa - IT - 101
University of Pretoria COS110 Tutorial 1Date: Time: Marks: 20 July 2011 50 minutes 42MEMO-MEMO-MEMOStudent Surname and Initials:_ Student number:_ Employee number:_Question 1:(Topic: scope of program elements) [6 marks]Study the program below and an
University of South Africa - IT - 101
University of Pretoria COS110 Tutorial 2Date: Time: Marks: 27 July 2011 50 minutes 38MEMO-MEMO-MEMOStudent Surname and Initials:_Student number:_ Employee number:_Question 1:(Topic: dynamic memory allocation) [12 marks]Study the code below and answ
University of South Africa - IT - 101
University of Pretoria COS110 Tutorial 3Date: Time: Marks: 3 August 2011 50 minutes 40MEMO-MEMO-MEMOStudent Surname and Initials:_Student number:_ Employee number:_Question 2: (Topic: inline implementaion of classes)Given the following class definit
University of South Africa - IT - 101
COS110 Tutorial 4Date: Time: Marks: 10 August 2011 50 minutes 40MEMO-MEMO-MEMOStudent Surname and Initials:_Student number:_ Employee number:_Question 1 (string list ADT)Study the class specification given below and answer the questions that follow:
University of South Africa - IT - 101
COS 110 Tutorial 5Department of Computer Science24 AugustAnswer the questions in the spaces provided on the question sheets. Name and Surname: Student Number: Employee number : Venue : 1. Consider the following:class MyArrayClass cfw_ public: MyArrayC
University of South Africa - IT - 101
COS 110 Tutorial 6Department of Computer Science24 AugustAnswer the questions in the spaces provided on the question sheets. Name and Surname: Student Number: Employee number : Venue : 1. Theory (a) What is function overloading and operator overloading
University of South Africa - IT - 101
COS 110 Tutorial 7Department of Computer Science31 AugustMEMO The ticks represent 1 mark. In the coding answers the mark is given in [] for each line to mark. 1. Consider the following code:class Book cfw_ private: int isbn; char* name; char* publishe
University of South Africa - IT - 101
COS110 Tutorial 8Date: Time: Marks: 50 minutes 34MEMO-MEMO-MEMO28 September 2011Student Surname and Initials:_ Student number:_ Employee number:_Question 1 Exceptions(Scope: Lecture 21, textbook section 16.1)[10 marks]Study the following code for