Day: March 28, 2021

The role and responsibility of the financial manager Investment appraisal International operations and international investment appraisal The financing decision The dividend decision The weighted average cost of capital (WACC) Risk adjusted WACC and adjusted present value Option pricing An introduction Read More …

The role and responsibility of the financial manager   Influence on objectives   Discuss, and provide examples of, the types of non-financial, ethical and environmental issues that might influence the objectives of companies. Consider the impact of these non-financial, ethical Read More …

        Financial distress and corporate failure   What is corporate failure?   Corporate failure occurs when a company cannot achieve a satisfactory return on capital over the longer term. If unchecked, the situation is likely to lead to an inability Read More …

Introduction to business valuation   This chapter covers several different methods of business valuation. You should view the different methods as complementary which enable you to suggest a possible value region. It is essential that you are able to comment Read More …

Mergers and acquisitions – The terms explained   Terminology   The term ‘merger’ is usually used to describe the joining together of two or more entities.   Strictly, if one entity acquires a majority shareholding in another, the second is Read More …

Introduction   Firms are exposed to interest rate movements in two ways:   The cost of existing borrowings (or the yield on deposits) may be linked to interest rates in the economy. This risk exposure can be eliminated by using Read More …