Dit is een Samenvatting van Principles of Corporate Finance ISE - Corporate Finance. Een uitgebreide samenvatting waarmee je zeker een voldoende haalt!
Chapter 30 Financial planning ..................................................................................................................7
30.2 Tracing changes in cash .......................................................................................................................7
30.5 Long term planning models and company valuation ...........................................................................7
Chapter 6 Making investment decisions with the net present value rule ..................................................8
6.1 Forecasting a Project’s Cash Flows.........................................................................................................8
Chapter 25 The many different kinds of debt..........................................................................................10
25.1 Long-term cooperate bonds ...............................................................................................................10
25.2 Convertible securities and some unusual bonds.................................................................................12
25.3 Bank Loans .........................................................................................................................................13
25.4 Commercial paper and medium-term notes ......................................................................................14
Chapter 9 Risk and the cost of capital .....................................................................................................15
9.1 Company and project costs of capital ..................................................................................................15
Chapter 8 The Capital Asset Pricing Model .............................................................................................17
8.2 the relationship between Risk and return ............................................................................................17
Chapter 13 An Overview Of Corporate Financing ....................................................................................19
13.1 Patterns of corporate financing .........................................................................................................19
13.2 Equity .................................................................................................................................................19
13.3 Debt ....................................................................................................................................................20
Chapter 5 Net present value and other investment criteria ....................................................................21
5.1 the net present value............................................................................................................................21
5.2 The payback and accounting rate of return rules ................................................................................21
5.3 The internal rate of return rule.............................................................................................................22
5.4 Choosing capital investments when resources are limited...................................................................22
Chapter 10 Project Analysis ................................................................... Fout! Bladwijzer niet gedefinieerd.
, Chapter 29 Financial Analysis
29.1 Understanding Financial Statements
The balance sheet
be turned into Assets are listed in declining order of liquidity. The accountant list first those assets
that ere most likely to cash in the near future. Current assets are inventories of raw materials, work
in process, and finished goods. Current liabilities include debts that are due to be repaid and
payables.Net working capital is the difference between current assets and liabilities.
Net working capital = current assets – current liabilities
The Income Statement
The income statement shows how profitable the firm has been over the past year. The earnings
before interest and taxes called EBIT.
EBIT = Total revenue – costs + other income
29.2 Measuring company performance
These are some financial performance measures:
Market Capitalization.
• Total market value of equity, equal to share price times number of shares outstanding.
Market capitalization = #share x price per share
Market Value Added.
• Market capitalization minus book value of equity.
MVA = Market capitalization – equity book value
Economic Value Added
• Net income minus a charge for the cost of capital employed. Also called residual income.
æ aftertax + net income ö
EVA = ç - cost of capital ÷ ´ total capital
è total capital ø
Accounting Rates of return
EVA measures how many dollars a business is earning after deducting the cost of capital. The more
assets a manager has to work with, the greater the opportunity to generate a large EVA. Smaller
companies has a few assets. Therefore, it can be helpful to measure the firm’s return per dollar of
investment.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper wessel058. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €6,18. Je zit daarna nergens aan vast.
