Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
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!
The Major Assignment Business Case Study is about American Cable Communications' proposed acquisition of the firm Air Thread Connections. The case study is available from the folder labelled ‘Major Assignment' in iLearn.1. American Cable Communications' Senior Vice President for business development has engaged you to appraise the proposed acquisition. Accordingly, for the purpose of the Major Assignment you temporarily assume the role of Ms. Zhang (see case study page 5).2. Consider the whole of the case study including background, supporting information and spread sheet.3. Your task is to prepare a written appraisal report using a report format recommending whether the proposed acquisition should proceed. Include a clear justification.4. Carefully read the enclosed Major Assignment Marking Rubric. In preparing your appraisal report make sure to consider each of the four marking criteria and your target proficiency.Week 9 Friday 12th October 2012 2(3)5. Your answers to the five questions listed under heading ‘Appraisal Questions' are intended to guide the appraisal, and should be clearly referred to in the appraisal report. Outline your answers to the five questions in a ‘pdf' file format attachment to the appraisal report.6. Use the supplementary publisher spread sheet in your appraisal. The spread sheet is available from the folder labelled ‘Major Assignment' in iLearn. Include a print out of your spread sheet content in a ‘pdf' file format attachment to the appraisal report.7 Avoid making simplified assumptions additional to those made in the case study. However, if you make assumptions in the appraisal report these should be clearly stated and have limited implications for your appraisal. Assumptions made should not contradict the pedagogical objectives of the major assignment.8 Make sure that the appraisal is clearly informed by suitable corporate finance theory.
Appraisal Questions
1. Describe the methodology that you use to value Air Thread Connections [Hint: it may be possible to use more than one technique simultaneously].2. Outline how you:a. value cash flows for 2008 through 2012?b. estimate the terminal value or going concern?c. account for the non-operating investments in equity affiliates?3. Explain the choice of the rate that you use in:a. discounting un-levered FCF for 2008 through 2012b. discounting the terminal value?c. estimating the long-term growth?4. Calculate the present value of Air Tread Connections on a going concern basis [Hint: use your long-term growth estimate in 3.c. above, and the supplementary publisher spread sheet.].5. Calculate the total value of Air Thread Connections:a. before considering any synergiesb. including synergies, assuming your estimates are correct [Hint: use the supplementary publisher spread sheet.].Enquiries9. Please direct ALL enquiries to the attention of the Unit-convenor. Mark your e-mail ‘MajorAssignment Enquiry - TT', and send it to [email protected]. Allow for 24 to 36 hours for a reply during week days.Announcements10 Please periodically monitor iLearn ‘Announcements' for information which may be broadcast about the major assignment.
FV of Bond 20000, CR 0.045, MR 0.059, Remaining payments 32. Answer
DO ACCOUNTANTS EVER REALLY MAKE IMPORTANT DESIONS?
The intestate leaves one surviving spouse, but no child or children The surviving spouse is entitled to: 1. The personal and household effects of the deceased absolutely: "per
Clarity and transparency The terms of the payment package must be clear and transparent so that directors and shareholders are in no doubt as to when rewards have been earned o
BANKRUPTCY ACCOUNTS FOR INDIVIDUALS AND PARTNERSHIPS These include a statement of affairs and deficiency account. A statement of affairs takes the following form: v\:*
Baseball Products manufactures a single product with the following full unit costs at a volume of 2,000 units: Direct materials $ 900 Direct labor 360 Manufacturing overhead* 6
Richard Company had 102,000 shares of $5 par value common stock issued and outstanding before repurchasing 10,200 shares for $76,500. Richard had received $2,040,000 cash from shar
Accounting concepts The word 'Accounting Concept' is used to denote necessary assumptions and ideas which are basic to accounting practice. The variety of accounting concepts i
Q : The Trial Balance of Dephane Main Fashion Center contained the following accounts at November, 30 the end of the company fiscal year. Dephane Main Fashion Center Trial Balanc
Morningside nursing Home, a not-for-profit corporation, is estimating its corporate cost of capital. Its tax-exempt debt currently requires an interest rate of 6.2 percent and its
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd