Inside Gatwick- Keep it safe Summary

Write a 1 page summary of the Inside Gatwick – Keep it Safe series.

You will need a Cover/Title Page with your Subject/Title/Topic, Full Name, Date, Course, University, etc. The assignment will need to be in APA format.  Add a final page for your references.

Laurentian Bakeries Case Study

Laurentian Bakeries Case Study

Assignment Instructions: Assignment Reference BAF/StudentNumber/Jan21/A3 Due Date Within seven days after the face to face workshop Length 15 min Weighting 25% of the course File Format PowerPoint or PDF Submission Details Blackboard – instructions provided on Blackboard Assignment Question:

Read the case study ‘Laurentian Bakeries’ and answer the following questions:

(i) What are the key items to keep in mind when determining the free cash flows for investment analysis?

(ii) Calculate the weighted average cost of capital (WACC) for Laurentian Bakeries. How does the capital structure of a firm/project affect the WACC? (iii) Produce a projected capital budgeting free cash flow statement for the expansion of the company’s frozen pizza plant in Winnipeg.

You can make the following assumptions: the project will have a life of 10 years, the corporate tax rate will stay at 38.5% per annum throughout the life of the project, inflation rate will be 4% per annum and there will be no salvage value at the end of the life of the project. Using your free cash flow statement, calculate the NPV, Payback, and IRR of the project.

(iv) Without making any calculations, identify and discuss the benefits and risks of making the investment (i.e. expansion of the frozen pizza plant).

(v) As Danielle Knowles, what recommendation would you make concerning the Winnipeg plant expansion, and why?

Barta PLC is evaluating an investment in Sweden

Barta PLC is evaluating an investment in Sweden

Barta PLC is evaluating an investment in Sweden. This will involve building manufacturing capacity at a cost of 30 mln Swedish Krona. This will have a 3-year project life. Cash flows are expected to be 15 mil Swedish Krona annually.

The current spot exchange rate is 11.90 SK per £1. Inflation in UK is 2% and it is 5% in Sweden.

Barta PLC requires 10% rate of return on similar investment in UK £.

Required:
1) Calculate NPV of the investment opportunity using UK£ (15 marks)

2) Advise if Barta PLC should undertake this investment. Comment on other matters that should be considered.

Following the international expansion Barta PLC has grown into a successful multinational company

Following the international expansion Barta PLC has grown into a successful multinational company

Following the international expansion Barta PLC has grown into a successful multinational company with subsidiaries in various countries and territories including Barbados, Grenada, the US, Italy, etc. The company operates a centralised treasury management system from London.

On 1st March 2021, US subsidiary of Barta PLC signs a contract to sell two batches of 5G towers to French company Nice ltd for €10,000,000, payable €5,000,000 on 1st June and €5,000,000 on 1st September 2025. The US subsidiary’s finance director is considering hedging options to manage exposure to exchange rate risk. Current spot rate is $1.10/€.

Three hedging alternatives were possible for the US subsidiary:

a) Hedge in forward market. The 3-month forward exchange quote was $1.1060/€, the 6-month quote was $1.1130/€, the 9-month quote was $1.1134/€, and the 12-month quote was $1.1138/€.

b) Hedge in the money market. The company could borrow euros from the Munich branch of HSBC at 8%

c) Hedge with foreign currency options. June put options were available at strike price of $1.1500/€ for a premium of 2% and September put options were available for the same strike price of $1.1500/€ at a premium of 1.2%. June call options were available at strike price of $1.1500/€ for a premium of 3% per contract, September call options were available at strike price of $1.1500/€ for a premium of 2.6%.

The US subsidiary estimates its cost of capital to be 12%.

Required:

1) Calculate the expected US$ value of the contract based on:
a) Forward contract
b) Money market hedge
c) Foreign currency options

2) Advise US subsidiary of Barta PLC on the hedging strategy that should be adopted for the contract with Nice Ltd based on your analysis.

Barta PLC is a UK company specialising in communication equipment and devices

Barta PLC is a UK company specialising in communication equipment and devices. Their product range includes mobile phones, tablets, laptop computers, WIFI routers, as well as equipment required by telecom service providers.

The company is reputed for the high quality of its products as well as high standard in customer care. It holds a large share of the UK market. This is partially attributed to low employee turnover and high morale. Employees are encouraged to participate in a generous share option scheme.

A distinguishing factor about Barta’s products is high degree of innovation.

The firm is considering to expand into the international market. It anticipates strong demand for communication equipment in countries in the Caribbean region. The Production Director has suggested that Barta should set up a subsidiary in Barbados, one of the larger islands in the Caribbean. Barbados is a populous country with a thriving economy.

Required:

1. What factors should Barta PLC consider in deciding about expanding into the international market?
2. Discuss the Production Director’s suggestion of setting up a foreign subsidiary.

 

Pradas Hong Kong IPO A Case Study

Pradas Hong Kong IPO A Case Study

Read the above documents and the IPO book (e-copy available on Blackboard) to answer the following questions. You may wish to use external references/material from credible sources (such as financial press, journal articles):

(i) An IPO marks a strategic milestone for a company.

(a) What may have motivated Prada (Stock code ‘1913’) to go public?

(b) Why do you think Prada chose to list on the Hong Kong Stock Exchange? Were there any downsides of a Hong Kong listing?

(c) Why do you think Prada chose to conduct its IPO in 2011?

(d) What can you say about the primary and secondary shares sold in the Prada IPO? How did Prada plan to use the proceeds of the IPO?

(ii) What is an IPO over-allotment (Greenshoe) option? Describe the over-allotment option included in Prada’s IPO?

(iii) The underwriting investment bank takes on a central role in the IPO process.  (a) What are the key tasks executed by the underwriter?  (b) What are primary considerations when selecting an underwriter?

(c) Often, multiple underwriters are involved. In the case of Prada, a syndicate of 4 underwriters was involved in the IPO. What are the main motivations for syndication?

(d) How much compensation was paid to the underwriters of Prada? How does it compare to the average compensation paid to underwriters in US IPOs?

(e) What do you understand by ‘price-stabilization’ activities conducted by the underwriter(s)? Do you think the underwriters were involved in price-stabilization of the Prada IPO?

(iv) Describe what happens during ‘book-building’ of an IPO. What price range was used for book building of the Prada IPO? Why do you think Prada priced its offering at the bottom end of the book-building range?

(v) Without conducting formal valuation analysis and based on the information given in the case study and the IPO prospectus, discuss the pricing of the Prada IPO. Would you have invested in Prada at this price?

(vi) What are IPO lock-up agreements? Describe the lock-up agreement of the Prada IPO. How was the Prada lockup agreement different from that of other markets such as the US?

(vii) The diagram below shows the performance of Prada shares from June 2011 to June 2014. The first day of public trading of Prada’s shares was 24 June 2011. Shares were sold in the IPO at an offer price of HK$ 39.50. More information on daily share price movements is available in the Excel file (1913.HK share price).

Source: Yahoo Finance  0.00  10.00  20.00  30.00  40.00  50.00  60.00  70.00  80.00  90.00  Prada\’s share price performance (HK $)

Based on a visual examination of the chart above, how does the performance of the Prada IPO compare with average IPO performance documented by past empirical studies

i. in terms of the short term (1st trading day or the first week of trading)?

ii. and over the longer term (3 years)?  Past studies have suggested a number of explanations for short-run underpricing and long-run underperformance of IPOs. Discuss the ones which you think are relevant to Prada’s case?

(viii) In the light of the main theories of capital structure, provide a discussion of the evolution of the capital structure of Prada in the initial three years after its IPO. You will find Prada’s Annual Report 2013 helpful in answering this question.

GM Hedging Dilemma in Argentina Canada and Japan

GM Hedging Dilemma in Argentina Canada and Japan

Foreign Exchange Hedging Strategies at General Motors.

You have learned about foreign exchange and hedging risks. It is a time to apply in a case study.

Get answers for General Motors’ heading dilemma after readonng the case study “Foreign Exchange Hedging Strategies at General Motors.”

The response should include a policy stating recommendations to GM management.

Patient Teaching Plan

Patient Teaching Plan

The patient teaching plan is a guide that is used to educate patients on various aspects. Preparation of a patient teaching plan is a systematic process. A good patient teaching plan results in a positive outcome.

Get answers to a case study and patient teaching plan.

Nursing Care Plan Case Study

Nursing Care Plan Case Study

Get an answer to any case study and corresponding nursing care plan

Sales Plan for a Product

Sales Plan for a Product

Create a sales plan for your chosen product and company, including goals and the means to motivate your team.

Introduction

Sales activities and processes vary by organization and individual but generally include prospecting, using a pre-approach, using an approach, making the sales presentation, overcoming objections, closing the sale, and having postsales follow-up.

Much of the process is information gathering to allow a salesperson to make the right pitch to the consumer that will match the consumer needs with the product or service benefits and features.

Competencies Measured

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

  • Competency 1: Examine the basic marketing models for a business or organization.
    • Describe who represents the product.
    • Address assessment purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences.
  • Competency 2: Relate the importance of an integrated marketing program to the economic impact of a business.
    • Discuss the implications of an integrated marketing program to business economic success.
  • Competency 4: Apply effective marketing planning and implementation.
    • Discuss the effectiveness of the promotion strategy and the impact on the marketing mix.
    • Accurately describe the company’s communication strategy (communication channels or media).
  • Competency 6: Evaluate management implications of marketing and sales plans.
    • Discuss the sales process or techniques and how it impacts marketing and sales plans.

Note: Assessments 1–3 in this course require you to complete a marketing analysis, and this assessment requires you to complete a sales plan. Because those all build on each other, it is recommended but not required that you complete them in sequence.

Instructions

Using the company and product or service you used for Assessments 1–3, create a sales plan in which you do the following:

  • Define and analyze a set of sales goals for the business (being sure they are measurable), and justify why those goals were chosen.
  • Analyze viable sales strategies and at least two tactics that are suited to the target market, and explain why they are suitable and were selected.
  • Create methods or actions to motivate and manage your sales team, including why the methods or actions can be successful.
  • Create a well-supported evaluation plan with plausible and thoughtful rationales.
  • Analyze an integrated marketing plan, including how it will impact the sales plan and business.
  • Cite any sources you use.

ADDITIONAL REQUIREMENTS

  • Written communication: Communication should be clear and well organized, and support a central idea, with no technical writing errors, as expected of a business professional.
  • References: References and citations are formatted in a consistent style, with a preference for using APA Style and Formatting.
  • Number of resources: Use a minimum of three scholarly resources related to the content of the assessment.
  • Length of paper: Approximately 5–6 typed, double-spaced pages, in addition to the title and references pages.
  • Font and font size: Times New Roman, 12 point.

Competencies Measured

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

  • Competency 2: Relate the importance of an integrated marketing program to the economic impact of a business.
    • Describe how an integrated marketing plan will impact the business and sales plan.
  • Competency 5: Develop a sales plan.
    • Define a set of measurable sales goals for the business.
    • Identify viable strategies and sales tactics.
    • Describe methods to motivate staff.
  • Competency 6: Evaluate management implications of marketing and sales plans.
    • Create an evaluation plan.