FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 6 pot

... 10 16 16 16 16 16 16 Growth in equity‡ . . . . . . . . . . . . . . . . . . . . . . . . . 10 10 10 16 16 16 8 8 8Growth in profit after interest . . . . . . . . . . . . . . . . — 10 10 — 16 16 ... . . . . . . $ 60 0 $ 60 0 $ 60 0*Before personal income taxes.hel78340_ch 06. qxd 9/27/01 11:13 AM Page 208222 Financial Analysis: Tools and Techniques In the end, the key test of financial analysis ... secondary role. As we’ll discuss and demonstrate in more detail inhel78340_ch 06. qxd 9/27/01 11:13 AM Page 209210 Financial Analysis: Tools and Techniques Chapters 11 and 12, shareholder value creation...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 10 pot

... after-tax dollars) from0 .66 E1.275Common(E Ϫ 0) .66 Ϫ 01,275,000Preferred(E Ϫ 0) .66 Ϫ $1,250,0001,000,0000 .66 E1.275Common(E Ϫ 0) .66 Ϫ 01,275,000Bonds(E Ϫ $1,150,000) .66 Ϫ 01,000,000(E Ϫ ... ap-proach explained in Chapter 9.$2.50$ 36. 36 $5.94$ 36. 36 hel78340_ch10.qxd 9/27/01 11:30 AM Page 338340 Financial Analysis: Tools and Techniques assumed EPS of zero and deriving an EBIT that ... inherent in both strategy and financing, and should support value creation over the long term.hel78340_ch10.qxd 9/27/01 11:30 AM Page 3523 26 Financial Analysis: Tools and Techniques dynamic impact...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 1 pptx

... 1918 Financial Analysis: Tools and Techniques production, carefully calibrated against quality standards and relative contributionfrom products and services, or cost effectiveness standards ... 262 hel78340_FM.qxd 9/27/01 10: 56 AM Page xii12 Financial Analysis: Tools and Techniques a coherent structure of the proposal, its relevant alternatives, and all of its keyvariables and the risks expected. ... organizations and empoweredemployees. Empowerment begins with knowledge and is expanded by targetedtraining, which includes understanding the nature and relevance of financial/ eco-nomic data, and is...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 2 ppt

... sourcesAnalytical framework and tools Overall results and value creationOperationaleffectivenessInvestmenteffectivenessFinancingeffectiveness 26 Financial Analysis: Tools and Techniques hel78340_ch02.qxd ... Team-Fly® 44 Financial Analysis: Tools and Techniques FIGURE 2–11TRW INC. AND SUBSIDIARIESStatements of EarningsFor the Years Ended December 31, 1997 and 19 96 ($ millions)Source: ... Busi-ness School Press, 19 96. hel78340_ch02.qxd 9/27/01 10:59 AM Page 57 56 Financial Analysis: Tools and Techniques 1. Managing a business successfully requires an understanding of thesystematic...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 3 ppt

... anCurrentassetsWorkingcapitalFixedassetsOtherassetsCurrentliabilitiesLong-termdebtShare-holders'equityhel78340_ch03.qxd 8 /6/ 01 3:31 PM Page 60 86 Financial Analysis: Tools and Techniques $10 million, and reduction in deferred taxes of $113 million. The final ... fundthe underlying expansion of all financial requirements. Successful growth can’t behel78340_ch03.qxd 9/27/01 11:00 AM Page 70 66 Financial Analysis: Tools and Techniques As production begins, ... and collection of services billed.Inventories have a significant role in manufacturing but are minor elements inhel78340_ch03.qxd 9/27/01 11:00 AM Page 69 82 Financial Analysis: Tools and Techniques TRW’s...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 4 pps

... 1 ,60 0 2,222 1,875 2,2 86 Year 3 1 ,60 0 1,482 1,407 1,829Year 4 1 ,60 0 988 1,4 06 1,371Year 5 1 ,60 0 65 8 1,4 06 914Year 6 1 ,60 0 917 1,0 06 457Total: $9 ,60 0 $9 ,60 0 $9 ,60 0 $9 ,60 0*Year 6 is shown net of ... 1 16 Financial Analysis: Tools and Techniques to this last aspect are discussed in detail in Chapters 10 and 11; therefore we’llmake only brief reference ... assetshel78340_ch04.qxd 9/27/01 11:07 AM Page 1081 36 Financial Analysis: Tools and Techniques based on cash flows, and if decisions are consistently analyzed and executed inthis manner, positive accounting...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 5 pps

... assumptions underlying the financial projections, subjects we’ll revisitin a broader context in Chapter 6. hel78340_ch05.qxd 9/27/01 11:14 AM Page 162 166 Financial Analysis: Tools and Techniques delivery—contained ... hence and a look at the overall financial condition of the company at thattime, as well as one year later.hel78340_ch05.qxd 9/27/01 11:14 AM Page 167 170 Financial Analysis: Tools and Techniques gain ... time, and not their ebb and flow. A more dynamic intraperiod analysis requires eitherhel78340_ch05.qxd 9/27/01 11:14 AM Page 173182 Financial Analysis: Tools and Techniques receipts and collections,...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 7 pdf

... 10.810 9. 161 7.8 96 6.9 06 6.491 6. 118 5.480 4.9 56 4.520 4.151 3.988 3.837 3. 566 3.330 2.8 56 2.500 2.222 2.00027 23. 560 20.707 16. 330 14 .64 3 13.211 10.935 9.237 7.943 6. 935 6. 514 6. 1 36 5.492 4. 964 4.524 ... 4.9 46 4.772 4 .60 7 4.303 4.031 3.7 86 3. 566 3. 463 3. 366 3.184 3.019 2 .66 5 2.379 2.144 1.94810 9.471 8.983 8.111 7.722 7. 360 6. 710 6. 145 5 .65 0 5.2 16 5.019 4.833 4.494 4.192 3.923 3 .68 2 3.571 3. 465 ... 7.003 6. 566 6. 177 5.517 4.979 4.534 4. 160 3.995 3.842 3. 569 3.332 2.857 2.500 2.222 2.00035 29.408 24.999 18 .66 5 16. 374 14.498 11 .65 4 9 .66 4 8.1 76 7.070 6. 617 6. 215 5.539 4.992 4.541 4. 164 3.998...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 8 pps

... . . 36% 36% 36% 36% 36% 36% 36% After-tax benefits. . . . . . . . . . . . . . . . . . . . . . . . 0 2, 560 2, 560 2, 560 2, 560 2, 560 2, 560 2, 560 17,920Depreciation tax shield ($1,500 ϫ . 36) . . ... . . . . . . . 0 $ 3 ,60 0 $ 3 ,60 0 $ 3 ,60 0 $ 3 ,60 0 $3 ,60 0 $3 ,60 0 3 ,60 0 25,200Tax rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36% 36% 36% 36% 36% 36% 36% After-tax benefits. ... 2702 76 Financial Analysis: Tools and Techniques resources just as definite as an expenditure for buildings and equipment, exceptthat no depreciation write-off is involved. If all inventories and...

FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 11 ppsx

... 1.224 65 4 1.230 354 1.235 9444.00 1.201 210 1.207 068 1.212 812* 1.218 443 1.223 964 1.229 3774.05 1.195 585 1.201 260 1.2 06 821 1.212 273 1.217 61 6 1.222 8534.10 1.189 993 1.195 4 86 1.200 868 ... 0.893 0.797 0.712 0 .63 6 0. 567 0.507Present values @ cost of capital . . . . . . . . . . . . . . . . . 6, 965 1,833 7,120 7 ,63 2 Ϫ 567 101,349Cumulative present values. . . . . $ 6, 965 $ 8,799 $15,919 ... evenwithin a day’s trading, and the volume of shares changing hands on a given dayhel78340_ch11.qxd 9/27/01 11:31 AM Page 3593 86 Financial Analysis: Tools and Techniques By observing this...

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