Already have an account? Get multiple benefits of using own account!
Login in your account..!
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. What is primary financial purpose?
The primary financial purpose of a company is typically stated to be the maximisation of shareholder wealth and Sassone plc has declared publicly that this is one of its objectives. Returns to shareholders be able to be measured in terms of dividend yield and capital growth reflecting the attention paid by investors to dividends and increasing share prices. Both dividend yield as well as capital growth can be measured over a standardised holding period in order to assess shareholder returns.
A few of the institutional shareholders of Sassone have complained that annual dividend payments have not increased at an acceptable rate because of expenditure on environmentally friendly and socially acceptable projects. This represents a disagreement between a financial objective (shareholder wealth maximisation) and a non-financial objective (social welfare). The claim is that needless expenditure has reduced the amount of profits paid out as dividends. It is significant for Sassone plc to find the extent to which this view is shared by other institutional shareholders given the relative size of this shareholder grouping.
This conflict among objectives cannot be resolved by rational argument. It is probable that Sassone plc's support for environmentally-friendly and socially acceptable projects has generated a positive image in the minds of its customers resulting in increased sales but this effect can't be quantified readily. On the other hand it is possible that sales would be lower if Sassone plc didn't support environmentally-friendly and socially acceptable projects since such behaviour may be expected by its customers. The institutional investor's complaint may possibly possibly therefore be short-sighted although a comparison between Sassone plc and its competitors may display that its expenditure on socially acceptable and environmentally-friendly projects is larger than necessary. But the benefit of such projects may arise only in the long term whereas the complaint by institutional investors indicates a short-term focus.
On January 1, 2010, Solis Co. issued its 10% bonds in the face amount of $3,000,000, which mature on January 1, 2020. The bonds were issued for $3,405,000 to yield 8%, resulting in
Calculate the claim under insurance policy: 1) What do policy limits of 200/300/100 on an automobile insurance policy mean?Your automobile insurance policy contains policy lim
A of Surat consign goods to B of Jaipur to be sold at or above invoice price. B is entiled to get a commission of 8% on sales at invoice price plus 25% of any surplus price reali
When Lydia started her vending machine business, she instituted flexible budgeting for the first few months of operations. Her first monthly budget numbers were these: Cost of g
EXAMPLES OF HOW VAT SYSTEM WORKS
Alexandria Co. Ltd has an authorized capital of Rs 25,000,000 divided into 250,000 equity shares of Rs 100 each. 100,000 shares were issued to public and Rs 80 per share were paid.
The net present value has been computed for Proposals A and B. proposal A proposal B invested amount 75000 125000 total present value of cash 84000 136250 net present value 9000 11
Do you already have this assignment
Five years ago Ramon Millan quit his job as an associate at a large law firm and opened a burger joint in Malibu. His innovative use of aged blue cheeses and specialty sauces resul
BALANCE SHEET Grouping of items: Items in the Balance Sheet should be grouped under appropriate headings. In particular, a trust operating the provisions of the Trustee Act
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd