current ratio is above the desired 2:1, the industry standard and the sector standard. There was a small dip between 2014 and 2015 due to the large decrease in cash and equivalents. The drop was not as large as would be expected because Under Armour’s accounts receivable and inventory accounts both went up to balance out the drop in cash. Accounts Receivable Collection Period Under Armour’s accounts receivable collection period has been fairly good keeping under or around the ideal 30 day…
spending, and also helps the firm set and measure goals. Both of these tools are useful for long term planning. A business is often measured by profits, and your budget is the same way. Since the ultimate goal of personal finance is to make yourself cash positive each month, it is important to get rid of as much frivolous debt as possible. Any of your income that is financed by debt is temporary, and any of your income used to service debt payments…
Portfolio managers who use an immunization strategy frequently takes into account Macaulay duration. The Macaulay Duration of a collection of cash flows is a weighted average of time periods, at which the cash flow occur, where the weights are the present values of cash flows with respect to the sum of the present value of all the cash flows i.e. the value of cash flow at time 0. Macaulay’s Duration is represented by, D: Where Current Bond price…
Introduction Budgetary control as mentioned by Buckley and McKenna (1972) comprises of planning, controlling, coordinating and motivation through money value and departments within an organisation. It is a plan but in quantitative terms that lasts about 1 year. It plays an important role in organisation control and mainly shows concern for the control of performance. Using budgetary control in performance management as a more integrative control program for organizations is becoming…
Q1: Assume that all probabilities and outcomes are accurate and certain. First, there is a decision, which is whether we need Geo-Star to provide consultation. If we need the consulting, we have to pay them $0.1 m + 10% of the total uranium found. After we choosing Geo-Star, the company will provide two reports, favourable (60%) and unfavourable (40%). For favourable report, we can choose dig or not dig. If not dig, we will lose totally $ 0.1m. if dig, 90% get substantial amounts of uranium 25…
While most people get excited about trading, it is the investor that will triumph in the long run. Anyone who looks for capital gain are classified as a trader. Investors on the other hand focus on building sustainable and longer term cash flow and passive income. An investor will eventually have an upper hand over traders because when an investor acquires an asset. Capital Gain A trader will keep making new trades by buying and selling while a true investor will make one important commitment…
Intrinsic Value SUMMARY SECTION Intrinsic Value, also known as fundamental Value, is the investor’s perception of the actual value of a company or asset. The intrinsic value may or may not be equal to the current market value of an asset. It is used by investors who want to buy stock and other assets at a discount. ARTICLE TITLE: INTRINSIC VALUE CONTENT Intrinsic Value An Intrinsic Value is the value of a company, stock, dividends or assets with less focus on the market price. It is the…
Nick)___________________________ Grade____________ 1. Please briefly describe an income statement, statement of cash flows, and balance sheet. Please describe the five types of financial ratio analyses. • Income Statement: It is the financial statement that describes company’s revenue, expenses and net income during period of time • Cash Flow: It is the financial statement that describes company’s cash inflow and payment during a period of time. • Balance Sheet: It is the…
Our study aims to explain the relationship between mutual fund performance, fund attributes, and company characteristics. This section describes the main hypotheses. The explanatory variables are divided into two groups, fund and country-level variables. Fund-level variables include size, age, fees (annual charges, initial charges, and redemption charges), management structure, and management tenure. Company-level variables include economic development, financial development, investor protection…
Sender: Vansitri Benjapattharaseth Background: Correspondence on a sale of unit Original: Please find below for the Buyer’s offer for your review ka. 1. The selling price at THB 275,000/ sqm base on 122.33 sqm or Baht 33,640,750.00. – 2. The deposit of the amount THB 2,000,000.- shall be paid on the date of signing contract (I will discuss if this amount she can make 10% from the selling price and by offshore or not) 3. The remaining balance will be paid in offshore on the Registration date.…