Asset

Income can be provided from a job, or from assets (things that make money), whereas expenses, the polar opposite, are anything that costs money. Students who have taken a financial literacy course at a younger age are less likely to have far too many expenses, or to become compulsive buyers (Malcolm…

Avoun, 2005). Unfortunately, few organizations within the hospitality industry commonly use financial ratios to determine the health of their business (Kim & Avoun, 2005). The most common ratios are categorized into market ratios, liquidity ratios, asset management ratios, leverage ratios, and profit ratios. This paper seeks to compare and examine the financial ratios of Harlequin and Brine, an upscale-casual restaurant,…

company is equal to the value of its equity, but Market Capitalization is the current market value of its shares (Valuation Techniques Overview, n.d.). Book Value considers tangible assets of a company while calculating the company value, but Market Capitalization is the whole value of both tangible and intangible assets like brand values (Valuation Techniques Overview, n.d.). When the Market Value of a company is more than its Book Value, the buyer is paying more money for something with less…

GameStop’s balance sheet, from 2013 to 2014, the total assets that GameStop had at its disposal increased a large amount, going from 4091.40 in 2013 to 4246.30 in 2014. The net intangibles and the other long term assets were the main perpetrators of this increase in assets, with the intangibles going from 194.30 in 2013 to 237.80 in 2014, and other long term assets increasing from 56.60 in 2013 to 101.40 in 2014. Alongside this increase in assets, GameStop showed a notable decrease in…

equity and the cost of debt R_E=R_f+〖(R〗_m-R_f)*β_M R_f=risk free rate (govt. security bonds) R_m-R_f=risk premium β_M=systematic risk (regression of stock returns of company on market return) The cost of equity is calculated via capital asset pricing model. Cost of debt is calculated by taking the interest rate for the year 2013 as Interest/EBIT. WACC based on book value is calculated based on the book values of equity and debt and turns out to be about 3.64% while that based on…

Disaggregating this ratio it could be seen that the decrease was due to the fact that current liabilities grew faster than current assets (256% versus 129%). It reflects that there was a decline in term of the company’s ability to service its short-term financial obligations. Generally, a higher current ratio is preferred, especially in the garment manufacturing industry, because it…

land transferred to XYZ Corporation by Mr. Smith? Conclusion. The basis for Mr. Smith is the cost of the land as separated from the gas station and is likely based on property tax evaluations as previously determined for depreciation of gas station assets. XYZ Corporation will have a basis in the land equal to that of Mr. Smith’s basis until such time as remediation is completed. Once remediated the land will increase in basis in the amount of non-depreciable cost of remediation. Support…

Statement (31/12) Revenues Less: Costs EBITDA Less: Interest + Principal Less:Depreciation EBT Less: Tax Operating Profit Dividend Proportion Dividends paid Retained Earnings Projected Balance Sheetv (31/12) Assets Non Current Assets Depreciation Net Non Current Assets Net Working Capital Total Assets Liabilities Long Term Intrerest-bearing Liabilities Equity Share Capital Retained Earnings Total Sharehoder Equity Total L + E Statement of Projected Cashflow Cash Flow From Operating Activities…

Two of the most prominent financial-market anomalies are momentum and reversal. Momentum is the tendency of assets with good (bad) recent performance to continue over performing (underperforming) in the near future. Reversal concerns predictability based on a longer performance history: assets that performed well (poorly) over a long period tend to subsequently underperform (over perform). Closely related to reversal is the value effect, whereby the ratio of an asset’s price relative to book…

of the life cycle the household is in, the MPCs would be different. For example, very young group who has just entered the job or very old people who have retired from work will have high MPCs, nonetheless, these two groups are not same in terms of asset positions and other characteristics. So, the change in monetary policy will likely to affect these two groups differently. Secondly, the author claims that monetary policy shocks would have more than double their current effect on household…