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What is meant by the factoring or securitization of receivables? What does selling receivables with recourse mean? What does it mean to sell them without recourse?
Describe information, other than that usually available in financial statements, that we should collect to assess the risk of non-collectibility of receivables.
What was the prospective stock price after the issue? How far could the total value of the company fall before shareholders would be unwilling to take up their rights?
This means that the opportunity cost of external equity capital is about 10 percentage points higher than that of retained earnings." Does the speaker have a point?
Analyze finance and value creation arguments. Analyze finance and value creation facts and data. Analyze validity of finance and value creation arguments.
In what ways does the bookbuilding method of selling new issues differ from a formal auction?
What other factors beyond the interest rate and issue costs would you wish to consider before deciding between the two offers?
Perform a complete financial analysis of the organization's financial statements for the last two years, including horizontal, vertical, and changes in ratios.
Investors indicate to the underwriter how many shares they would like to buy in a new issue and these indications are used to help set the price.
How many shares do you need to own to ensure that you can elect at least one director if (a) the company has majority voting? (b) it has cumulative voting?
Why are contingent assets and liabilities like options? What is meant by the delta of an option? What is meant by the termnotional value?
What is the difference between debt rescheduling and debt repudiation?
Which of the following features would increase the value of a corporate bond? Which would reduce its value? The borrower has the option to repay the loan before maturity.
After three years the company sold one million additional shares for $5 per share. It earned $250,000 during the year and paid no dividends. What was the equity account?
Discuss the Truth in Lending Act and what role it places in financial and regulatory reports requirements in regards to funds acquisition strategies. What are various important terms which must be d
What is Tish's allowable 2013 Sec. 179 expense on the machine? What amount can she carry over to 2014?b) What is Tish's total 2013 depreciation deduction?
Currency translation adjustment and contributions to an employee benefit trust have been deducted from retained earnings. What is the value of the net common equity?
Discuss and provide examples of at least four derivative securities. Be sure to include the pros and cons of each one.
Fill in the blanks, using the following terms: floating rate, common stock, convertible, subordinated, preferred stock, senior, warrant.
Assume that you are financial advisor to a business. Describe the advice that you would give to the client for raising business capital using both debt and equity options in today's economy. Outline
In what ways is preferred stock like debt? In what ways is it like common stock?
Cross-Rates and Arbitrage: The Japanese yen exchange rate is ¥96=$1, and the British pound exchange rate is £1=$1.72. Calculate the cross-rate in terms of yen per pound.
There are 10 directors to be elected. A shareholder owns 80 shares. What is the maximum number of votes that he or she can cast for a favorite candidate under (a) majority voting? (b) cumulative vo
Using Spot and Forward Exchange Rates: The spot exchange rate for the Canadian dollar is Can $1.14 and the six-month forward rate is Can $1.17. Calculate whether a U.S. dollar or a Canadian dollar i
Borkin, Incorporated is proposing a rights offering. Currently, there are 560,000 shares outstanding at $85 each. There will be 65,000 new shares offered at $84 each. Calculate each of the followin