This document contains definitions and explanations of various finance and accounting concepts:
1. It defines key terms like the accounting equation, balance sheet, income statement, financial ratios, and cash flow statement.
2. It provides formulas and explanations for common financial analysis tools like common-size analysis, trend analysis, benchmarking, forecasting, and discounted cash flow analysis.
3. It explains concepts related to capital budgeting including the feasibility study, business plan, free cash flow, and investment appraisal methods like NPV, IRR, payback period, and profitability index.
Office automation system is an information system which is computer based that collects, processes, stores and transmits electronic messages. Office automation refers to the varied computer machinery and software used to digitally create, collect, store, manipulate, and relay office information needed for accomplishing basic task.
International standards on auditing(is as)Armaghan khan
International standards on auditing help provide the way to do audit acceptan, Audit planning, Audit documentation,Audit evidence gathering, Audit procedures, Audit Reporiting, Audit Standard quality Review etc.
what is fraud,
Fico,
Check my file,
fraud watch,
identity security,
fair credit reporting act,
report agency,
will i get credit,
Problems with money,
Credit Solution,
Credit union,
How to dispute credit,
credit information,
a score money,
identity theft alert,
lifelock,
financial fraud,
Office automation system is an information system which is computer based that collects, processes, stores and transmits electronic messages. Office automation refers to the varied computer machinery and software used to digitally create, collect, store, manipulate, and relay office information needed for accomplishing basic task.
International standards on auditing(is as)Armaghan khan
International standards on auditing help provide the way to do audit acceptan, Audit planning, Audit documentation,Audit evidence gathering, Audit procedures, Audit Reporiting, Audit Standard quality Review etc.
what is fraud,
Fico,
Check my file,
fraud watch,
identity security,
fair credit reporting act,
report agency,
will i get credit,
Problems with money,
Credit Solution,
Credit union,
How to dispute credit,
credit information,
a score money,
identity theft alert,
lifelock,
financial fraud,
Best Buy careers in Finance, Accounting, or Taxikahn
This presentation highlights Best Buy's Finance organization which includes accounting and tax specialties. This is the "why you'd want to work at Best Buy corporate" presentation. Covers Best Buy company performance details, and campus amenities. Describes the structure of Best Buy's finance organization
ChapterTool KitChapter 7102715Corporate Valuation and Stock Valu.docxtiffanyd4
ChapterTool KitChapter 710/27/15Corporate Valuation and Stock Valuation7-4 Valuing Common Stocks—Introducing the Free Cash Flow (FCF) Valuation ModelData for B&B Corporation (Millions)Constant free cash flow (FCF) =$10Weighted average cost of capital (WACC) =10%Short-term investments =$2Debt =$28Preferred stock =$4Number of shares of common stock =5The first step is to estimate the value of operations, which is the present value of all expected free cash flows. Because the FCF's are expected to be constant, this is a perpetuity. The present value of a perpetuity is the cash flow divided by the cost of capital:Value of operations (Vop) =FCF/WACCValue of operations (Vop) =$100.00millionB&B's total value is the sum of value of operations and the short-term investments: Value of operations$100+ ST investments$2Estimated total intrinsic value$102The next step is to estimate the intrinsic value of equity, which is the remaining total value after accounting for the claims of debtholders and preferred stockholders: Value of operations$100+ ST investments$2Estimated total intrinsic value$102− All debt$28− Preferred stock$4Estimated intrinsic value of equity$70The final step is to estimate the intrinsic common stock price per share, which is the estimated intrinsic value of equity divided by the number of shares of common stock: Value of operations$100+ ST investments$2Estimated total intrinsic value$102− All debt$28− Preferred stock$4Estimated intrinsic value of equity$70÷ Number of shares5Estimated intrinsic stock price =$14.00The figure below shows a summary of the previous calculations.Figure 7-2B&B Corporation's Sources of Value and Claims on Value (Millions of Dollars except Per Share Data)Inputs:Valuation AnalysisConstant free cash flow (FCF) =$10Value of operations$100Weighted average cost of capital (WACC) =10%+ ST investments$2Short-term investments =$2Estimated total intrinsic value$102Debt =$28− All debt$28Preferred stock =$4− Preferred stock$4Number of shares of common stock =5Estimated intrinsic value of equity$70÷ Number of shares5Estimated intrinsic stock price$14.00Data for Pie ChartsShort-term investments =$2Value of operations =$100Total =$102Debt =$28Preferred stock =$4Estimated equity value =$70Total =$1027-5 The Constant Growth Model: Valuation when Expected Free Cash Flow Grows at a Constant RateCase 1: The expected free cash flow at t=1 and the expected constant growth rate after t=1 are known.First expected free cash flow (FCF1) =$105Weighted average cost of capital (WACC) =9%Constant growth rate (gL) =5%When free cash flows are expected to grow at a constant rate, the value of operations is:Value of operations (Vop) =FCF1 / [WACC-gL]Value of operations (Vop) =$2,625Case 2: Constant growth is expected to begin immediately.Most recent free cash flow (FCF0) =$200Weighted average cost of capital (WACC) =12%Constant growth rate (gL) =7%When free cash flows are expected to grow at a constant rate, the value of operations is:.
Our accounting professor permitted us to use one 8x11 sheet of paper during our comprehensive final exam. Within a short amount of time I laid out all the major concepts we covered along with my own notes/examples. I also recruited Pac Man to help out with making room for our final chapter topics.
Edit: Full res version here --> http://www.joejan6.com/scratch/GuideSheet13.pdf
Financial analysis refers to business assessment in terms of stability, viability, profitability, and other important financial and non-financial factors. It is done through several different techniques, ratios, and charts, with the purpose of transforming static numbers from or in financial statements, to an added value for decision-makers. Usually, the analyzed information and the analysis results are presented frequently as a report or as a dashboard.
A dashboard (or data visualization) is used to present all indicators at once to help owners, investors, or managers make efficient decisions by identifying specific actions that should be taken to reach future targets or goals.
The CIRE model takes account of the conflict between cash and profit, which has been the dilemma for the past few decades. The central concept is that companies should balance their profitability and cash liquidity as both are important to maximize the shareholders' value, which is the ultimate target for any business.
BusiWord includes 350 common business terms, concepts, models, and formulas from the accounting, finance, investment, management, economics, and marketing fields.
BusiWord provides an entertaining way for people in the business world to learn new terms and concepts or test their knowledge while enjoying solving crossword puzzles. It could also serve as a fun tool for executives looking for staff team-building activities. It’s a fruitful use of time!
BusiWord can be solved in private, with a colleague, or within a group.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
4. Financial Analysis
Common-size (to Sales)
Common-size (to Assets)
Trend – History
Last year same period
Budget Variance
Benchmarking
Forecast
DCF
4Basel Omar Abu-Ali
5. Financial Ratios (1)
5
(Cash +
Marketable
Securities)
Current
Assets
(Current
Assets −
Inventory)
Total Assets
Total
Liabilities
Cash Flow
from
Operations
/
Total Assets Debt Ratio CFO / Assets
Current
Liabilities
Cash Ratio
(/) Liquidity
Ratio (−)
Working
Capital
Quick Ratio
Equity
Financial
Leverage
Debt to
Equity Ratio
CFO /
Liabilities
Interest CFO / Interest
Basel Omar Abu-Ali
6. Financial Ratios (2)
6
Sales Purchases COGS Gross Profit EBIT Net Profit
/
Receivables
Receivables
Turnover
Inventory
Inventory
Turnover
Fixed Assets
Fixed Assets
Turnover
Total Assets Assets Turnover Return on Assets
Payables
Payables
Turnover
Equity Return on Equity
Sales
Gross Profit
Margin
Operating Profit
Margin
Net Profit Margin
Interest
Interest Coverage
Ratio
Basel Omar Abu-Ali
7. Cash Conversion Cycle
7
365
/
Receivables Turnover Days of sales outstanding
+
Inventory Turnover Days of inventory in hand
=
Operating Cycle
−
Payables Turnover Days of payables
=
Cash Conversion Cycle
Basel Omar Abu-Ali
8. Capital Budgeting–Feasibility Study–Business Plan
8
Business Plan
=
Feasibility Study + Documentation
=
Capital
Budgeting
+ Market Study
= +
Financial Study Technical Study
Basel Omar Abu-Ali
9. Free Cash Flow to Firm (FCFF) & Free Cash Flow to Equity (FCFE)
9
Net Profit Net Profit
+ +
Noncash items (Depreciation) Noncash items (Depreciation)
+
Interest (1−Tax)
− −
Changes in Working Capital Changes in Working Capital
− −
CAPEX CAPEX
+
New (or repayment of) debt
+ +
TV TV
= =
FCFF FCFE
Basel Omar Abu-Ali
10. Investment Appraisal Indicators
10
Payback
Period (PBP)
Discounted
PBP
Accounting
Rate of
Return
(ARR)
Net
Present
Value
(NPV)
Internal
Rate of
Return
(IRR)
Profitability
Index (PI)
Simple calculation Y Y
Income approach Y
Cash flows approach Y Y Y Y Y
Ignores cash flow after payback
period
Y Y
Considers TVM Y Y Y Y
Discount rate Y Y Y Y
Terminal value Y Y Y
Results
# Years Y Y
Value Y
% Y Y
>1< Y
Basel Omar Abu-Ali
11. Key (Net Present Value or NPV) Value Drivers (1)
Value
RFR
Beta
Market Rate
Interest Rate
WACC
11Basel Omar Abu-Ali
12. Key (Net Present Value or NPV) Value Drivers (2)
Value
Tax Rate
Growth Rate
Terminal Value
12Basel Omar Abu-Ali
13. Merger & Acquisition (M&A)
13
Firm Firm Firm(s) Operating
Merger A + B = A or B
Acquisition A + B = A and B
Consolidation A + B = C
Joint Venture A + B = A and B and C
Basel Omar Abu-Ali
14. Multiples
14
Enterprise Value (EV) Market Share Price Dividends
/
Sales EV to Sales Price to Sales
Book Value Market to Book
Earnings per Share (EPS) Price to Earnings Payout Ratio
Market Share Price Yield Ratio
EBITDA EV Multiple
EV = Market Capitalization + Market Value of Debt − Cash
Market Cap. = Shares Outstanding × Market Share Price
EBITDA = Earnings before interest, taxes, depreciation, and amortization
Basel Omar Abu-Ali
15. Options
15
CALL
LONG Owner Buyer Right to buy
SHORT Writer Seller Obligation to sell
PUT
LONG Owner Buyer Right to sell
SHORT Writer Seller Obligation to buy
CALL
Market Price > Strike Price In the money
Market Price = Strike Price At the money
Market Price < Strike Price Out of the money
PUT
Market Price < Strike Price In the money
Market Price = Strike Price At the money
Market Price > Strike Price Out of the money
Option
Value
= Intrinsic Value (IV) + Time Value
= =
CALL
Market Price − Strike
Price
Premium − IV
PUT
Strike Price − Market
Price
Basel Omar Abu-Ali
16. Price-Earnings Ratio (P/E Ratio)
16Basel Omar Abu-Ali
P/E =
D/E
= P =
D
= K =
D
+ G
(K − G) (K − G) P
E = EPS =
Net Income D: Dividends
Common
Shares
P: Price
G: Growth rate
Ke: Cost of equity
G =
(1 − D/E) ×
ROE
Kd: Cost of debt
We: Weight of equity
Wd: Weight of debt
ROE =
Assets
×
Net Income
×
Sales RFR: Risk-free rate
Equity Sales Assets B: Beta
MR: Market return
K = Hurdle Rate = Discount Rate = WACC
WACC = ( Ke × We ) + ( Kd × Wd )
= = = =
CAPM Equity
Interest
(1−Tax)
Debt
=
(Equity +
Debt)
(Equity +
Debt)
RFR + B (MR
− RFR)