ACC351A_fall_ 2009 final_rev

ACC351A_fall 2009 - ACC351A Final Name ,attached. You,, . 1

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
ACC351A Final Name Refer to the Cheesecake’s Factory annual report, attached.  Your calculations should be  based on the 2008 figures.  You, with your brand new Masters degree, were hired by Cheesecake Factory to perform  interesting financial analysis.   The CFO asks you to compute the following: 1. (10%)  What is the amount of the total outstanding debt, obligations and  commitments of Cheesecake Factory in 2008? 2. (10%)  What are Cheesecake Factory’s profit margin and long term debt to total  equity ratios? What is the sales growth rate (in percentage terms) from 2007 to  2008:? Would you characterize this company as a high profit or low margin  company; and as a high growth or low growth company? 3. (10%)  What is Cheesecake Factory’s WACC as of December 31, 2008?  Assume:  long term debt has a nominal rate of 4%, Beta for the stock is 1, risk free rate of  3% and market rate of 8%.  ACC351 Midterm Page 1 of 4 Neyland
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
ACC351 Midterm Page 2 of 4 Neyland
Background image of page 2
4. New restaurant development is expected to be 20 restaurants in fiscal year 2009. 
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 07/27/2011 for the course ACCT 351A taught by Professor Robertwong during the Spring '11 term at University of San Francisco.

Page1 / 4

ACC351A_fall 2009 - ACC351A Final Name ,attached. You,, . 1

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online