Kohl's Corporation, d.b.a., Kohl's first store was actually a supermarket founded in 1946,
and then come along the first department store founded in 1962 in Brookfield, Wisconsin.
Kohls is currently headquartered in Menomonee Falls, WI. The company was fo
COURSE PROJECT
Abstract
Cost savings initiatives is the new trend in every
company. The driving force of this trend is partially
due to the need for companies to invest in technology
like never before. Companies that have had favorable
budgets in the past
Meals
Lunch
Dinner
Totals
Service good Service poor
27
35
18
47
45
82
Totals
62
65
127
Prop meal was lunch/service was poor
Prop meal was lunch
Prop Serive was poor given meal was lunch
0.275591
0.488189
0.564516
Rating
Count
1
2
3
4
5
0
10
11
56
21
Percent Step b
Step d
0
0
0
10.2
0.102
0.204
11.22
0.1122
0.3366
57.14
0.5714
2.2856
21.43
0.2143
1.0715
3.8977 Over a very large number of trials, the average driver-side crash rating
age driver-side crash rating
Problem 1
Absenteesim
Turnover
Problems with Both
Problem 2
IQ_Score
1
2
3
4
5
6
7
8
9
Totals
Part A
Part B
Part C
0.7 P(A)
0.4 P(B)
0.2 P(AB)
Invest_in_Market
No_Investment
859
4663
1319
8639
1958
9393
5272
19366
8236
23942
10012
21247
6312
11320
5014
71
Problem 1
Suppose you're given a data set that classifies each sample unit into one of four categories: A, B, C, or D.
You plan to create a computer database consisting of these data, and you decide to code the data as A=
1, B=2, C=3, and D=4. Are the dat
The ages of a group of 50 women are approximately normally distributed with a mean of 49 years and a
standard deviation of 5 years. One woman is randomly selected from the group, and her age is observed.
a. Find the probability that her age will fall betw
Question 1
The table to the right gives a breakdown of
2 comma 1362,136
civil cases that were appealed. The outcome of theappeal, as
well as the type of trial (judge or jury), was determined for
each case. Suppose one of the cases is selected at random
an
Problem 3
Grade on Business Statistics Exam
A: 90-100
B: 80-89
C: 65-79
D: 50-64
F: Below 50
Total
Frequency
Relative Frequency
0.07
51
132
54
42
300
1
A
B
C
D
F
21 Relative Frequency = Frequency/Total number of observations
0.17
0.44
0.18
0.14
Proble
Problem 1
mean
Standard Deviation
Part A
52 years
5 years
Probabilty
Years bewteen
54
Part B
61
z1
0.4
x
z2
1.80
x
Z = x \ .
Area to left of Z1
Given From Table
Z1
(0z1)
Given table to find
Z2
P(z22.4)
0.5
0.1554
0.6554
0.655
0.4641
0.9641
0.964
54
52
5
6
Problem 1
a. The differences between a firm's cash cycle and its operating cycle are: (Select all of the choices below
that apply.)
A.
The cash cycle is calculated as the average number of days between the purchase of the initial inventory
and the sale of
Week One Problem Set
What is the most important difference between a corporation and all other organization forms?
(Select the best choice below.)
A.
A corporation is a legal entity managed by its owners.
B.
A corporation is the only legal entity that can
Week Two Problem Set
Problem 1
Suppose the risk-free interest rate is 3.6 %.
a. Having $ 400 today is equivalent to having what amount in one year?
b. Having $ 400 in one year is equivalent to having what amount today?
c. Which would you prefer, $ 400 tod
Problem 1
Suppose Goodyear Tire and Rubber Company is considering divesting one of its manufacturing plants.
The plant is expected to generate free cash flows of $1.53 million per year, growing at a rate of 2.5%
per year. Goodyear has an equity cost of ca
Week Three Problem Set
Problem 1
Your bank is offering you an account that will pay 29% interest in total for a two-year deposit. Determine
the equivalent discount rate for a period length of:
a. Six months.
b. One year.
c. One month.
a. Six months.
We us
Problem 1
FCF per year
Growth Rate
1.67
0.025
Rwacc = (E/(E+D)*RE) + (D/(E+D)*RD) * (1-TR)
Rwacc
Equity Cost of Capital
0.054632
5.46%
0.085
Value of the Plant = FCF/(Rwacc-GR)
Debt Cost of Capital
0.069
VP
Marginal Corporate
Tax Rate
0.36
Debt Equity Rat
Problem 1
Your brother wants to borrow $10,000 from you. He has offered to pay you back $12,500 in a year. If the
cost of capital of this investment opportunity is 11%, what is its NPV? Should you undertake the
investment opportunity? Calculate the IRR an
Week Four Problem Set
Problem 1
You bought a stock one year ago for $50.51 per share and sold it today for $59.58 per share. It paid a
$1.54 per share dividend today.
a. What was your realized return?
b. How much of the return came from dividend yield and
Problem 1
Investment
Payback
Cost of C
10,000
12,500
Part A
NPV = C1/(1+R)-CO
NPV
Part B
IRR = (C1/Co) - 1
IRR
NPER
0.11
1
1261.26
25%
IRR = maxium discount rate an ivestment can use
Maxium Diviation = IRR - Rate
14%
Problem 2
Investment
Payback
Cost of C
Problem 1
Assets
Cash
Accounts Receivable
Inventory
Total Current Assets
Net Plant, Property,Equip
Total Assets
Part A
Liabilities
Accounts Payable
Notes Payable
Accurals
Total current Liabilities
Long-term debt
Total Liabilities
Common Equity
Total Liabi
Bonds-1. Interest on a certain issue of bonds is paid annually with a coupon rate of 8%. The bonds have a par
value of $1,000. The yield to maturity is 9%. What is the current market piece of these bonds? The bonds will
mature in 5 years.
Bonds-2. A certa
Business Summary
I have decided to do an analyst coverage on Nike Inc, together with its subsidiaries, designs, develops,
markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids
worldwide. The company offers prod
Under Armour
Under Armour, Inc. is engaged in the development, marketing and distribution of branded performance
apparel, footwear and accessories for men, women and youth. The brands moisture-wicking fabrications
are engineered in many designs and styles
18-4
Weight
FCF, $M
g
Re
Rd
T
after tax Rd
D/E
levered value, VL
1.5
2.50%
8.50%
7.00%
35%
4.55%
2.6
Rate x Wt
0.27778 0.02361111
0.72222 0.03286111
1
WACC
5.65%
=FCF/(WACC- G)
47.66 million dollar
18-5
Weight
FCF, $M
g
Re
Rd
T
after tax Rd
10.00%
6.10%
3
1
John Mascarensa
FIN515
20-May-16
Professor Nitin Dvivedi
A Comparative Analysis of HomeDepot Corporation and Lowes Corporation
2
3
The Home Depot was founded in 1978 by Bernard Marcus, Arthur Blank, and
Pat Farrah. The Home Depot's proposition was to bu
FIN 515
Exercise 8-12 (Page #
FCF = EBIT(1-T) + Depreciation - CAPX - Change in NWC ( T is tax rate)
Cost of Capital
15%
FCF from outside supplier
FCF =
-2 x 300,000 x (1 - 0.35) =
Year 0
Free Cash Flow
NPV @ 15%
= - 390,000 per year
Year 1
Year 2
Year 3
DeVry University
KELLER GRADUATE SCHOOL OF MANAGEMENT
THE DISNEY COMPANY
By
Submitted in Partial Fulfillment of the Course
Requirements for
Managerial Finance
FIN 515
June 12, 2016
The company that I have investigated is The Walt Disney Company (DIS). The
Dividend growth rate (g) implied by Gordon growth model
g = 100 (P0 r D0) (P0 + D0)
= 100 ($45.55 8.02% $1.32) ($45.55 + $1.32) = 4.98%
where:
P0 = current price of share of Coca-Cola's common stock
D0 = last year dividends per share of Coca-Cola's common
26-5
Problem 3
Discount
Within
Net days
3
5
30
Interest Rate Per period
0.03092784
Period Days
# of cycles
EAR
27-2
25
14.6
56.00%
Problem 8
0
Net income
Depreciation
Capital Expe
level W/C
A/R
Inventory
AP
0
1
10
2
1
2
12
3
0
2
3
2
3
2
2
4
4
2
A/R
Invent