Money Oriented

Analysis using Trade-off Theory From two graphs ( stock price graph and debt-equity-ratio graph) we can see they are in the adversity relati...

CCC= inventory conversion period + receivables collection period – payable deferral period 2004 = 6.33 days + 79.2 days - 10.10 days = 75.4...

Working Capital 2004= Inventory conversion period = = = 6.33 days. Receivables collection period = = = 79.2 days. Payable deferral peri...

From the Pecking Order Theory The theory said that if the internal financing does not enough, the company can ise the external financing : •...

Analysis using Trade-off Theory From two data ( stock price graph and debt-equity-ratio data) we can see they are in the adversary relation....

Debt to equity ratio from 2004-2008 DER = 2004 = = 0.6306 2005 = = 0.6053 2006 = = 0.6152 2007 = = 0.6076 2008 = = 0.5837 In the data ...

Firm Value from 2004 – 2008 (Stock Closing Price) Dec 31, 2004 = 48000 Dec 31, 2005 = 63000 Dec 31, 2006 = 110000 Dec 31, 2007 = 129500 Dec ...