Calculate the enterprise market value of hewlett-packard

Assignment Help Finance Basics
Reference no: EM131486896

Question: Enterprise Market Value: General Mills and Hewlett-Packard (Medium)

a. General Mills, Inc., the large manufacturer of p ackaged foods, reported the following in its annual report for the year ending May 29, 2011 (in millions):

525_STB.png

The short-term borrowing and long-term debt are carried on the balance sheet at approximately their market value. The firms 644.8 million shares traded at $36.50 per share when the annual report was released. From these numbers, calculate General Millss enterprise market value (the market value of the firm).

b. Hewlett-Packard, the computer equipment manufacturer and systems consultant, had 2,126 million shares outstanding in May 2011 , trading at $41 per share. Its most recent quarterly report listed the following (in millions):

1519_IBD.png

Calculate the enterprise market value of Hewlett-Packard. The question requires you to consider the treatment of the interest-bearing debt investments. Are they part of the enterprise?

Reference no: EM131486896

Questions Cloud

What would happen to the aggregate demand : Also assume the economy is operating on the intermediate range of the aggregate supply curve, what would happen to the aggregate demand
Identify a business in your local community : Identify a business in your local community. Identify how the organization applies corporate social responsibility to the business.
Pertinent information related to the wider scope : Describe pertinent information related to the wider scope of the ethical issue.
What are the effects of the conflict on non-combatants : What religion(s) are involved? Are there branches of religions in conflict? Does religion seem to be a major factor in the conflict ?
Calculate the enterprise market value of hewlett-packard : General Mills, Inc., the large manufacturer of p ackaged foods, reported the following in its annual report for the year ending May 29, 2011 (in millions).
Was keynes right or wrong from his theory : In 1936, Keynes published The General Theory of Employment, Interest, and Money, Was Keynes right or wrong from his theory
What are the changes of output and investment : In your graphs, clearly label all curves and equilibria. What are the changes of output, investment and trade balance
Why mormons have been so successful in the southwest : Your perspectives on why Mormons have been so successful in the Southwest and why they are now one of the fastest growing religious groups in the world?
Focus on enterprise hardware : With a focus on enterprise hardware, software, services, and human capital, list and describe three advantages of green IT.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

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