SlideShare ist ein Scribd-Unternehmen logo

Cf Financing 7

‱Als PPT, PDF herunterladen‱
‱
R
rajeevgupta

FINANCE,CFM

Wirtschaft & FinanzenBusiness
1 von 21
[object Object]
In 2000, Philip Morris generated in cash $11billion. It paid 4.5b as dividends, repurchased shares for 3.6b & 2.9b was reinvested in business. The company borrowed 10.9b and raised 100m thru equity.
Financing ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
Capital Structure ,[object Object],[object Object],[object Object]
Efficient Markets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cost of Capital ,[object Object],[object Object],[object Object]
Weighted Average Cost of Capital ,[object Object],[object Object],[object Object],[object Object]
Weighted Average Cost of Capital ,[object Object],[object Object],[object Object],[object Object],[object Object]
Our cost of capital is calculated using the approximate market value weightings of debt and equity used to finance the company. The cost of debt is simply our after-tax, long-term debt rate, which is around 5.7%. The cost of equity is approximately 11.4%. - The Quaker Oats Company, 1992 Annual Report.
WACC numerical ,[object Object],[object Object],[object Object],[object Object],[object Object]
Weighted Average Cost of Capital ,[object Object],[object Object]
Miller Modigilliani Hypothesis ,[object Object],[object Object],[object Object]
Principles ,[object Object],[object Object],[object Object],[object Object]
Proposition ,[object Object]
Implications of Debt Irrelevence ,[object Object],[object Object]
Impact of Debt ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Patterns of Financing ,[object Object],[object Object]
Empirical Capital structure ,[object Object],[object Object],[object Object],[object Object]
Capital Structure Determinants ,[object Object],[object Object],[object Object]
Concept ,[object Object],[object Object],[object Object],[object Object]

Empfohlen

Capital Structure and Leverage
Capital Structure and LeverageCapital Structure and Leverage
Capital Structure and Leverage
Megha Anilkumar
 
Capital Structure Theory
Capital Structure TheoryCapital Structure Theory
Capital Structure Theory
piyooshtripathi
 
Capital structure theories 1
Capital structure theories 1Capital structure theories 1
Capital structure theories 1
vijay lahri
 
Capital structure
Capital structureCapital structure
Capital structure
Home
 
Financial management(1)
Financial management(1)Financial management(1)
Financial management(1)
chowdhury auni
 
Ch 15
Ch 15Ch 15
Ch 15
kpserver
 
Financial Leverage:complete concept
Financial Leverage:complete conceptFinancial Leverage:complete concept
Financial Leverage:complete concept
Ashutosh Mishra
 
197.capital structure lecture
197.capital structure lecture197.capital structure lecture
197.capital structure lecture
kitturashmikittu
 

Empfohlen

Capital Structure and Leverage
Capital Structure and LeverageCapital Structure and Leverage
Capital Structure and Leverage
Megha Anilkumar
 
Capital Structure Theory
Capital Structure TheoryCapital Structure Theory
Capital Structure Theory
piyooshtripathi
 
Capital structure theories 1
Capital structure theories 1Capital structure theories 1
Capital structure theories 1
vijay lahri
 
Capital structure
Capital structureCapital structure
Capital structure
Home
 
Financial management(1)
Financial management(1)Financial management(1)
Financial management(1)
chowdhury auni
 
Ch 15
Ch 15Ch 15
Ch 15
kpserver
 
Financial Leverage:complete concept
Financial Leverage:complete conceptFinancial Leverage:complete concept
Financial Leverage:complete concept
Ashutosh Mishra
 
197.capital structure lecture
197.capital structure lecture197.capital structure lecture
197.capital structure lecture
kitturashmikittu
 
Capital structure and firm valuation by anil dora
Capital structure and firm valuation by anil doraCapital structure and firm valuation by anil dora
Capital structure and firm valuation by anil dora
Anil Dora
 
Group8 (1)
Group8 (1)Group8 (1)
Group8 (1)
Utkarsh Vashistha
 
Chapter20 capital structure_decision
Chapter20 capital structure_decisionChapter20 capital structure_decision
Chapter20 capital structure_decision
Amit Fogla
 
Ch 14
Ch 14Ch 14
Ch 14
kpserver
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
Saurabh Verma
 
Topic 4 Financial Levarage And Capital Structure
Topic 4 Financial Levarage And Capital StructureTopic 4 Financial Levarage And Capital Structure
Topic 4 Financial Levarage And Capital Structure
shengvn
 
Ch 6
Ch 6Ch 6
Ch 6
Gaurav Muliya
 
Capital structure ppt
Capital structure pptCapital structure ppt
Capital structure ppt
Lakshmipathi Bendapudi
 
Chapter 13 Capital Structure And Leverage
Chapter 13 Capital Structure And LeverageChapter 13 Capital Structure And Leverage
Chapter 13 Capital Structure And Leverage
Alamgir Alwani
 
Capital structure theories
Capital structure theoriesCapital structure theories
Capital structure theories
Ayush Jain
 
Modigiliani miller
Modigiliani miller Modigiliani miller
Modigiliani miller
N A M COLLEGE KALLIKKANDY
 
Financial Leverage
Financial LeverageFinancial Leverage
Financial Leverage
Farzana Doctor
 
Capital structure and its Determinants
Capital structure and its Determinants Capital structure and its Determinants
Capital structure and its Determinants
Minhas Azeem
 
Capital structure ppt
Capital structure pptCapital structure ppt
Capital structure ppt
Aarti Choudhary
 
Capital structure and wacc
Capital structure and waccCapital structure and wacc
Capital structure and wacc
acowtancy.com
 
BA 107 - FINMAN: Financial Leverage
BA 107 - FINMAN: Financial LeverageBA 107 - FINMAN: Financial Leverage
BA 107 - FINMAN: Financial Leverage
Rhea Aba-a
 
Capital structure
Capital structureCapital structure
Capital structure
dinesh khanna
 
Capital structure and Financial leverage
Capital structure and Financial leverageCapital structure and Financial leverage
Capital structure and Financial leverage
Ankesh Gorkhali
 
Cost of capital and capital structure
Cost of capital and capital structureCost of capital and capital structure
Cost of capital and capital structure
Abhilash Nissankararao
 
Financial and Operating Leverage
Financial and Operating Leverage Financial and Operating Leverage
Financial and Operating Leverage
PANKAJ PANDEY
 
The (hidden) patterns - networks
The (hidden) patterns - networksThe (hidden) patterns - networks
The (hidden) patterns - networks
Henk Harmsen
 
CDM 2008
CDM 2008CDM 2008
CDM 2008
Henk Harmsen
 

Weitere Àhnliche Inhalte

Was ist angesagt?

Capital structure and firm valuation by anil dora
Capital structure and firm valuation by anil doraCapital structure and firm valuation by anil dora
Capital structure and firm valuation by anil dora
Anil Dora
 
Chapter20 capital structure_decision
Chapter20 capital structure_decisionChapter20 capital structure_decision
Chapter20 capital structure_decision
Amit Fogla
 
Ch 14
Ch 14Ch 14
Ch 14
kpserver
 
Topic 4 Financial Levarage And Capital Structure
Topic 4 Financial Levarage And Capital StructureTopic 4 Financial Levarage And Capital Structure
Topic 4 Financial Levarage And Capital Structure
shengvn
 
Capital structure and wacc
Capital structure and waccCapital structure and wacc
Capital structure and wacc
acowtancy.com
 
Capital structure
Capital structureCapital structure
Capital structure
dinesh khanna
 

Was ist angesagt? (20)

Capital structure and firm valuation by anil dora
Capital structure and firm valuation by anil doraCapital structure and firm valuation by anil dora
Capital structure and firm valuation by anil dora
 
Group8 (1)
Group8 (1)Group8 (1)
Group8 (1)
 
Chapter20 capital structure_decision
Chapter20 capital structure_decisionChapter20 capital structure_decision
Chapter20 capital structure_decision
 
Ch 14
Ch 14Ch 14
Ch 14
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Topic 4 Financial Levarage And Capital Structure
Topic 4 Financial Levarage And Capital StructureTopic 4 Financial Levarage And Capital Structure
Topic 4 Financial Levarage And Capital Structure
 
Ch 6
Ch 6Ch 6
Ch 6
 
Capital structure ppt
Capital structure pptCapital structure ppt
Capital structure ppt
 
Chapter 13 Capital Structure And Leverage
Chapter 13 Capital Structure And LeverageChapter 13 Capital Structure And Leverage
Chapter 13 Capital Structure And Leverage
 
Capital structure theories
Capital structure theoriesCapital structure theories
Capital structure theories
 
Modigiliani miller
Modigiliani miller Modigiliani miller
Modigiliani miller
 
Financial Leverage
Financial LeverageFinancial Leverage
Financial Leverage
 
Capital structure and its Determinants
Capital structure and its Determinants Capital structure and its Determinants
Capital structure and its Determinants
 
Capital structure ppt
Capital structure pptCapital structure ppt
Capital structure ppt
 
Capital structure and wacc
Capital structure and waccCapital structure and wacc
Capital structure and wacc
 
BA 107 - FINMAN: Financial Leverage
BA 107 - FINMAN: Financial LeverageBA 107 - FINMAN: Financial Leverage
BA 107 - FINMAN: Financial Leverage
 
Capital structure
Capital structureCapital structure
Capital structure
 
Capital structure and Financial leverage
Capital structure and Financial leverageCapital structure and Financial leverage
Capital structure and Financial leverage
 
Cost of capital and capital structure
Cost of capital and capital structureCost of capital and capital structure
Cost of capital and capital structure
 
Financial and Operating Leverage
Financial and Operating Leverage Financial and Operating Leverage
Financial and Operating Leverage
 

Andere mochten auch

Andere mochten auch (6)

The (hidden) patterns - networks
The (hidden) patterns - networksThe (hidden) patterns - networks
The (hidden) patterns - networks
 
CDM 2008
CDM 2008CDM 2008
CDM 2008
 
Introduction climate change and emissions trading
Introduction climate change and emissions tradingIntroduction climate change and emissions trading
Introduction climate change and emissions trading
 
Carbon footprinting of non profit organizations
Carbon footprinting of non profit organizationsCarbon footprinting of non profit organizations
Carbon footprinting of non profit organizations
 
Session 10
Session 10Session 10
Session 10
 
Session 8 & 9
Session 8 & 9Session 8 & 9
Session 8 & 9
 

Ähnlich wie Cf Financing 7

Revision materials cf mba wic
Revision materials cf mba wicRevision materials cf mba wic
Revision materials cf mba wic
Arathy Krishna
 
costofcapital-unitii-21051602kghkghkjjkkjj1224.pptx
costofcapital-unitii-21051602kghkghkjjkkjj1224.pptxcostofcapital-unitii-21051602kghkghkjjkkjj1224.pptx
costofcapital-unitii-21051602kghkghkjjkkjj1224.pptx
drluminajulier
 

Ähnlich wie Cf Financing 7 (20)

Cost of Capital.ppt
Cost of Capital.pptCost of Capital.ppt
Cost of Capital.ppt
 
4a304 capital structure
4a304 capital structure4a304 capital structure
4a304 capital structure
 
Capital Structure
Capital StructureCapital Structure
Capital Structure
 
Revision materials cf mba wic
Revision materials cf mba wicRevision materials cf mba wic
Revision materials cf mba wic
 
Leverage
LeverageLeverage
Leverage
 
Capital structure-theories
Capital structure-theoriesCapital structure-theories
Capital structure-theories
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Capital Structure.pdf
Capital Structure.pdfCapital Structure.pdf
Capital Structure.pdf
 
Financial Management
Financial ManagementFinancial Management
Financial Management
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Unit 3 Cost of capital JNTUA Syllabus_Financial Management
Unit 3 Cost of capital JNTUA Syllabus_Financial ManagementUnit 3 Cost of capital JNTUA Syllabus_Financial Management
Unit 3 Cost of capital JNTUA Syllabus_Financial Management
 
Capital structure 1
Capital structure 1Capital structure 1
Capital structure 1
 
Capital structure theories.pptx
Capital structure theories.pptxCapital structure theories.pptx
Capital structure theories.pptx
 
costofcapital-unitii-21051602kghkghkjjkkjj1224.pptx
costofcapital-unitii-21051602kghkghkjjkkjj1224.pptxcostofcapital-unitii-21051602kghkghkjjkkjj1224.pptx
costofcapital-unitii-21051602kghkghkjjkkjj1224.pptx
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Cost of capital1
Cost of capital1Cost of capital1
Cost of capital1
 
Cost of capital
Cost of capital Cost of capital
Cost of capital
 
capital_structure.ppt
capital_structure.pptcapital_structure.ppt
capital_structure.ppt
 
1b.leverage decision
1b.leverage decision1b.leverage decision
1b.leverage decision
 
Measures of Cost of Capital
Measures of Cost of Capital Measures of Cost of Capital
Measures of Cost of Capital
 

Mehr von rajeevgupta

Mehr von rajeevgupta (20)

Session 6 & 7
Session 6 & 7Session 6 & 7
Session 6 & 7
 
Session 4 & 5
Session 4 & 5Session 4 & 5
Session 4 & 5
 
Session 2
Session 2Session 2
Session 2
 
Session 2 & 3
Session 2 & 3Session 2 & 3
Session 2 & 3
 
Iii A Time Value Of Money
Iii A Time Value Of MoneyIii A Time Value Of Money
Iii A Time Value Of Money
 
Session 1
Session 1Session 1
Session 1
 
Tvm Amortization Schedule 3 A
Tvm Amortization Schedule 3 ATvm Amortization Schedule 3 A
Tvm Amortization Schedule 3 A
 
I Intro To Corporate Finance
I Intro To Corporate FinanceI Intro To Corporate Finance
I Intro To Corporate Finance
 
Ii B Equity Markets Iiit
Ii B Equity Markets IiitIi B Equity Markets Iiit
Ii B Equity Markets Iiit
 
Dividends 8
Dividends 8Dividends 8
Dividends 8
 
Cf Working Capital 9
Cf Working Capital 9Cf Working Capital 9
Cf Working Capital 9
 
Cf Value Creation 10 1
Cf Value Creation 10 1Cf Value Creation 10 1
Cf Value Creation 10 1
 
Cf Valuation Of Securities 5
Cf Valuation Of Securities 5Cf Valuation Of Securities 5
Cf Valuation Of Securities 5
 
Cf Leverage 7 C
Cf Leverage 7 CCf Leverage 7 C
Cf Leverage 7 C
 
Cf Capital Budgeting 6
Cf Capital Budgeting 6Cf Capital Budgeting 6
Cf Capital Budgeting 6
 
Tvm Amortization Schedule 3 A
Tvm Amortization Schedule 3 ATvm Amortization Schedule 3 A
Tvm Amortization Schedule 3 A
 
Time Value Of Money 04
Time Value Of Money 04Time Value Of Money 04
Time Value Of Money 04
 
Security Valuation 02
Security Valuation 02Security Valuation 02
Security Valuation 02
 
Risk Concept And Management 5
Risk Concept And Management 5Risk Concept And Management 5
Risk Concept And Management 5
 
Iii A Time Value Of Money
Iii A Time Value Of MoneyIii A Time Value Of Money
Iii A Time Value Of Money
 

KĂŒrzlich hochgeladen

Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Call Girls in Nagpur High Profile
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Call Girls in Nagpur High Profile
 
VIP Independent Call Girls in Bandra West đŸŒč 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West đŸŒč 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West đŸŒč 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West đŸŒč 9920725232 ( Call Me ) Mumbai Esc...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
ranjana rawat
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Delhi Call girls
 
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
Call Girls in Nagpur High Profile Call Girls
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
ranjana rawat
 

KĂŒrzlich hochgeladen (20)

Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
 
Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
 
The Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfThe Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdf
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdf
 
The Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdfThe Economic History of the U.S. Lecture 21.pdf
The Economic History of the U.S. Lecture 21.pdf
 
VIP Independent Call Girls in Bandra West đŸŒč 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West đŸŒč 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West đŸŒč 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West đŸŒč 9920725232 ( Call Me ) Mumbai Esc...
 
Pooja 9892124323 : Call Girl in Juhu Escorts Service Free Home Delivery
Pooja 9892124323 : Call Girl in Juhu Escorts Service Free Home DeliveryPooja 9892124323 : Call Girl in Juhu Escorts Service Free Home Delivery
Pooja 9892124323 : Call Girl in Juhu Escorts Service Free Home Delivery
 
The Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdfThe Economic History of the U.S. Lecture 22.pdf
The Economic History of the U.S. Lecture 22.pdf
 
Gurley shaw Theory of Monetary Economics.
Gurley shaw Theory of Monetary Economics.Gurley shaw Theory of Monetary Economics.
Gurley shaw Theory of Monetary Economics.
 
The Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdfThe Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdf
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdf
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
 
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(ANIKA) Budhwar Peth Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 

Cf Financing 7

  • 1.
  • 2. In 2000, Philip Morris generated in cash $11billion. It paid 4.5b as dividends, repurchased shares for 3.6b & 2.9b was reinvested in business. The company borrowed 10.9b and raised 100m thru equity.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. Our cost of capital is calculated using the approximate market value weightings of debt and equity used to finance the company. The cost of debt is simply our after-tax, long-term debt rate, which is around 5.7%. The cost of equity is approximately 11.4%. - The Quaker Oats Company, 1992 Annual Report.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.