Financial Adjustments: Trading, Inventory, and Goodwill Corrections

Nominal Purchase Date

2.

Price Quote 31/12/20XX purchase acquisition costs

CompanyDatePurchase PriceMarket ValueUnitsTotal Value
Total27,790.00120,022.001,050122,178.00
Telefonica10/02/20XX10,000.0016,000.0020015,300.00
Santander15/04/20XX15,000.0078,000.0050080,400.00
Repsol20/06/20XX1,590.0013,992.0018014,628.00
Endesa13/10/20XX1,200.0012,030.0017011,850.00

Answer: In the case of a speculative portfolio, it must be understood that these are assets held for trading. Its assessment is the acquisition price,

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Business Administrative Processes and Organizational Models

Administrative Process:

Administrative processes are typically divided into four basic functions:

  • Planning: Establishing objectives and designing activities to achieve them.
  • Organization: Setting appropriate relationships between company parts and personnel.
  • Direction: Managing staff to achieve optimal performance.
  • Control: Comparing results with targets set during planning.

Planning Role:

The planning role involves setting goals, creating strategies, defining company policies, and establishing decision

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Venture Capital, Leveraged Finance, and Distressed Investing

VC Method: Pre-Money and Post-Money Valuation

Pre-money value is before the addition of investor’s capital. Post-money value is pre-money value plus investor’s capital.

Post-Money Value Calculation

Fully diluted shares before investment = Sum of current shares + options + warrants outstanding

New number of fully diluted shares = Sum of current shares + options + warrants outstanding + amount invested in the round

Percent of total shares investor purchases = Total number of new shares purchased /

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Interest Rate Swaps, Options, and Market Analysis

Interest Rate Swap Valuation

A company acts as a fixed payer in a generic interest rate swap contract, with semiannual payments, which has exactly nine months to expiration. Knowing that:

  • The main theorist of the contract is 100 million euros.
  • The fixed rate agreed at the time was 6%.
  • The EURIBOR rates at 3, 6 and 9 months are, respectively, of 2.10%, 2.17% and 2.3%.
  • The 6-month interbank rate, effective three years ago, was 2.20%.

Determine the value of the swap for the company in question (use, both

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US Economic Boom and the 1929 Stock Market Crash

The Roaring Twenties: A Period of US Economic Prosperity

The 1920s, often referred to as the Roaring Twenties, were a period of significant economic prosperity in the United States. Following World War I, the US emerged as a major global economic power, supplying capital goods and accelerating industrial production. Increased exports allowed the US to penetrate markets previously dominated by European powers, resulting in a trade surplus. This economic expansion was fueled by technological innovation

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Strategies for Superior Firm Performance and Global Market Entry

Strategies for Superior Firm Performance

Firms achieve superior performance by generating profits exceeding competitive levels.

1. Avoiding Competitors

Focus on positioning the company in markets or segments with reduced competition.

1) Attractive Industry

Target industries with high entry barriers, such as high costs or strict regulations, to deter new competitors.

2) Attractive Strategic Group

Operate in a strategic group within an industry where mobility barriers (e.g., brand loyalty, specialized technology)

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