Friendly Cards Liu Xing 1. In order to calculate the WACC of Creative Design, we need to estimate the beta first. We can calculate the beta(e) from the weighted beta(e)s of the industry. According to Exhibit 5: βe of American Greetings=1.07 and the net income is 33.4, βe of Gibson Greetings=0.93 and the net income is 24.1. So we estimate theβe of CD: 1.07*33.4/(33.4+24.1)+0.93*24.1/(33.4+24.1)=1.01 Re of CD=Rf+βe(Rm-Rf)=8.4%+1.01*7%=15.47% According to Exhibit 7, the Debt of CD=2250 D/V=2250/4500=50%
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Investment Decisions Summary of Facts Friendly Cards, Inc. (first named Beaumont Greeting Card Co.) is a greeting card company started in 1978, in New York City by Wendy Beaumont. The company has experienced rapid growth, acquiring like companies and expanding its market base. The company became public through a stock offering at $3 per share. From an operational viewpoint, Friendly cards performed all production at its plant in Reading, Connecticut. Company sales include nearly 30% from Christmas
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Final Case: Friendly Cards, Inc. FINAN 4210 Lutz Jonathan Matsen 05/01/2013 Problem Identification Wendy Beaumont, president of Friendly Cards, is currently faced with 3 time sensitive issues that need to me dealt with immediately. As a relatively small company in the fiercely competitive greeting card industry, Ms. Beaumont must make some quick yet intelligent decisions to ensure the continued success of her company. To be more specific, she must decide upon: The investment in
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Final Case: Friendly Cards, Inc. FINAN 4210 Lutz Jonathan Matsen 05/01/2013 Problem Identification Wendy Beaumont, president of Friendly Cards, is currently faced with 3 time sensitive issues that need to me dealt with immediately. As a relatively small company in the fiercely competitive greeting card industry, Ms. Beaumont must make some quick yet intelligent decisions to ensure the continued success of her company
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com/yokohama-corp-ltd-a-22201) American Greetings Harvard Case Solution & Analysis AN INDUSTRY IN DECLINE Greeting card industry was faced massive changes as it had attained maturity and was now in decline. Overall greeting card sales had been contracting in the U.S. for some years and negative growth was expected in the next five years to 2015 (Exhibit 4). Hallmark was the largest card company in the U.S. that was privately owned by the Hall family with $4 billion of revenues. The organization had
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ASUSTeK Computer Inc. (trading as Asus) | | Type | Public | Traded as | LSE: ASKD, TWSE: 2357 | Industry | Computer hardware Electronics | Founded | 2 April 1989 | Founder(s) | T.H. Tung Ted Hsu Wayne Hsieh M.T. Liao | Headquarters | Beitou District, Taipei, Taiwan | Area served | Worldwide | Key people | Jonney Shih (Chairman) Jerry Shen (CEO) | Products | Desktops, laptops, netbooks, mobile phones, networking equipment, monitors, motherboards, graphics cards, optical storage
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brand hands down is Apple, Inc. The product in particular that has created my romance with this company would be the IPhone. I have been using the IPhone since the first day it arrived on June 29, 2007 and I have been a loyal consumer up to my recent purchase of the IPhone 6 Plus, last month. Apple, Inc. has over $100 billion in sales and increased in sales every year consistently since its launch. I am committed to the quality, innovation, design, and simplicity that Apple, Inc. has provided to me consistently
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| <University> | | | Apple operation strategy | | | | by | | | | <Name> | | | | <Date> | | | | <Lecturer’s Course Number> | | Nature, structure, products types and factors affecting the company Apple is multinational company that deals in manufacture of consumer products such as PC, phone and computer software’s, phones and digital media distributors. The company was started by Steve Jobs and Woznaik, currently it is the leading company in the technology
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If so, will Penton Media see lower then usual advertising revenue if more efficient methods of inquiring advertisement are not adopted instead of the reader service cards. - Yes, The study conducted by Penton media proves that due to information technology methods that were virtually non-existent in 1992 the e reader cards have displayed a lack of efficiency in recent years. The study backs this up by estimating that within the next 5 years newer methods of communication will hold a majority
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Only a million passengers travel with reserved seat tickets, and the remaining 16 million passengers travel each day without a confirmed seat. While reserved ticketing technology is enabled, unreserved ticketing was done primitively using printed cards. Generating over 49% of its earnings, Indian Railways needed a solution to centralize the purchase and management of unreserved tickets. The Unreserved Ticketing System (UTS), a one-of-a-kind modern system, was developed and implemented by CRIS for
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