Reference no: EM131968278
Examine annual reports for six most recent years for one of the publicly traded firms. Download the company’s annual report from its website or SEDAR (system for electronic document analysis and retrieval) or EDGAR (electronic data gathering, analysis, and retrieval) for the US firms.
Please tell me the pages that contain income statement, balance sheet and statement of cash flows.
Your goal is to perform analysis of the firm’s dividend policies.
Answer the following questions:
1. Comment on sustainability of the firm’s dividend policies
A. estimate payout ratio
B. compare operating cash flow with capital expenditures and dividends
2. What type of dividend policies does the firm pursue – stable, constant payout, or residual dividend policy? You need to explain your choice.
3. Put together a table with earnings per share and dividend per share over six-year period. Is there any evidence of signaling?
4. Do stock buybacks add anything to your analysis above? You may want to examine total amount spent on buybacks and dividends over 5-6 year period.
Note: to speed things up, you may wish to perform search on keywords related to dividend and financing policies in annual reports, for example, “dividend policy”, “share repurchase”, “buyback”, “issuance”, or “recapitalization.”
Please tell me the sources you chose and all details, caluculation, and formula.
|
Review on a theoretical concepts
: BUS707–Applied Business Research - identify relevant sources for their research and undertake review on a theoretical concepts/constructs that has real world
|
|
How drug policies affect joe circumstances
: Post an explanation of how drug policies affect Joe's circumstances, as described in the case study. Then, explain any gaps in service you found in Joe's case.
|
|
What is the effective cost of the loan
: If you make this higher payment and hold the loan for its full life, what is the effective cost of the loan?
|
|
Find the minimum and the maximum of your return data
: Find the minimum and the maximum of your return data series. Use =min( ) and =max( ) functions. Now you have the range;
|
|
Constant payout or residual dividend policy
: What type of dividend policies does the firm pursue-stable, constant payout or residual dividend policy?
|
|
Change in money supply available in banking system
: Based on the simple money multiplier calculated in part i), calculate the total change in the money supply available in the banking system.
|
|
Calculate the net cash flows of project in actual dollar
: a) Calculate the net cash flows of this project in actual dollar. b) Determine the market interest rate under which the net present value of the project is zero
|
|
Post an analysis of the influence of adultism
: Post an analysis of the influence of adultism in the Logan case. Then, explain how gender, race, class, and privilege interact with adultism to influence.
|
|
Compute the cyclical components
: Compute the cyclical components (? = 1600) for the log of each of the series, that is, the log of the actual value minus the trend of this
|