Nike Case Solution Essay - 1264 Words

Topic: Nike Inc.: Cost of Capital Course: International Finance Table of Contents 1 Background Information on the Case: 3 1.1 Nike’s Performance: 3 1.2 Nike Analysts Meeting June 28, 2001: 3 2 Kimi Ford’s Evaluation of Nike: 3 3 Joanna Cohen’s Calculation of Nike’s Cost of Capital: 3 3.1 Assumptions amp; Calculations: 3 4 Our Calculation: 4 4.1 Cost of common equity 4 4.2 Cost of debt 4 4.3 Weights of Debt and Equity 4 4.4 WACC 5 4.5 Equity Value of Share 5 5 Conclusion: 6 Background Information on the Case: Kimi Ford is a portfolio manager for the mutual-fund management firm NorthPoint Group. She is considering buying some shares for a fund she is managing, the NorthPoint Large-Cap Fund†¦show more content†¦She justified this lower rate as compared to the Treasury yield as Nike raised a portion of funding through Japanese yen notes, which carry rates between 2.0% and 4.3%. After tax the cost of debt is 2.7% (tax assumed as 38%; 35% U.S. statutory tax rate and state tax of 3%). 5) Cost of Equity was calculated using CAPM method since it is a superior method. She estimated it at 10.5%. Her calculation is based on the current yield on 20-year Treasury bond asShow MoreRelatedThe Supply Sequence Management ( Scm ) Along With Erp Software Implementation1653 Words   |  7 PagesThe case offers a detailed account from the failure involving Supply along with Demand Setting up software setup at Nike, a respected Footwear along with Apparel company. The case traces the history of supply chain along with ERP software implementation in Nike along with presents the explanation behind his or her implementation. It particulars the conditions that led to the SCM software implementation failure and as well examines the actual steps consumed by Nike to system. Finally, the case exploresRead MoreNike Swot Analysis1382 Words   |  6 PagesSWOT Analysis Nike Strengths. Very good Leadership is one of Nike’s strengths. Nike is a very competitive organization. Founder and Owner, Phil Knight is often quoted as saying that â€Å"Business is war without bullets.† Nike has a healthy dislike of its competitors such as Reebok and Addidas. This competition in the market results in the company to strive to have to best products and on the market. Nike sponsors the top athletes and gains valuable coverage through the media. Nike has no factoriesRead MoreEssay on Nike: The Sweatshop Debate1370 Words   |  6 PagesNike: The Sweatshop Debate SYNOPSIS Nike is a worldwide global corporation that has its shoes manufactured on a contract basis in places like Asia, China, and Vietnam. Although it does not actually own any of the manufacturing locations, it has long been accused of having its products manufactured in facilities that exploit workers. Although Nike admits some wrongdoing in the manufacturing facilities of its contractors, it claims to have started a commitment to improve working conditions inRead MoreNike Ethical Dilemma954 Words   |  4 Pagesidea. In fact, abortions were considered legal so long the pregnancy does not exceed 6 months. It actually depends on one’s conscience and moral to how they look at the matter. In this paper, the ethical issues we will be covering will be on Nike child labour. NIKE inc, a well-known brand in the market that specialize in sporting goods has been reported that the manufacturer engaged, were using children as labour from as young as 10 year of age. These children were for the making of sporting equipmentsRead MoreNike Case Study1004 Words   |  5 PagesRSS Case Study: E-recruitment gets Nike on track Posted by HR Zone in Strategies on Thu, 09/12/2004 - 16:54 0 inShare The Nike employer brand is extremely powerful in attracting potential talent to the business making the process of handling applications and supporting the resourcing process effectively and efficiently critical to business success; implementing e-recruitment was identified as the way to solve this businesses hiring problems. The issue Nike currently receives aroundRead More Nike Case Study Essay863 Words   |  4 PagesNike Case Study â€Å"Nike is criticized for using sweatshops in countries like Indonesia and Mexico. The company has been subject to much critical coverage of the often poor working conditions and the exploitativeness of the cheap overseas labor.† – answers.com 1.  Ã‚  Ã‚  Ã‚  Ã‚  Should Nike be held responsible for working conditions in foreign factories that it does not own, but where sub-contractors make product for Nike?   Ã‚  Ã‚  Ã‚  Ã‚   Yes, but I do not believe that the firm is 100% responsible since it isRead MoreNike Inc Cost of Capital Case Study917 Words   |  4 PagesNike Inc. Case Number 2 Nike Incorporated’s cost of capital is a vital element when addressing opportunities regarding top-line growth and operating performance. Weighted Average Costs of Capital (WACC) is an essential estimation that is needed in order to determine the amount of interest that will be paid for each additional dollar financed. This translates to be the minimum overall required rate of return that the firm will keep. We disagree with Johanna Cohen’s assessment of Nike due to twoRead MoreNike Case Analysis: Maintaining and Working on Brand Image1029 Words   |  4 PagesNike Case Analysis The case concerning the Nike brand is a classic case of maintaining and working on brand image. Every aspect of a brand is important in the basis of building a strong clientele and becoming a trusted retailer. Nike endured challenges along the way in their quest to become umber one. They encountered criticism due to the unsafe working conditions, which took the life of one of their workers in a foreign land. Although they were not direct workers of the Nikes headquarters, theyRead MoreNike Sues Adidas over Soccer Player- Zheng’s Contract1191 Words   |  5 PagesCase background: July 1, 2003 Nike signed contract with Zheng which would expire in Dec.31, 2007; Aug.,2004 Zheng requested more pay from Nike which was denied by Nike; Mar.9,2005 Zheng wore Adidas shoes at a match in Japan; Mar.18,2005 Zheng asked to terminate Nike contract and started to attend Adidas activities; May 16,2006 Zheng signed endorsement contract with Adidas; May, 2006 Nike sued Adidas but withdrawed due to no sufficient evidence in Beijing; Apr.15, 2008 Nike Sports (China) CoRead MoreCase: Governance and Sustainability at Nike578 Words   |  3 PagesPOM 642/ 442 Case: Governance and Sustainability at Nike This case was about the struggles with sustainability with in Nike as well as the fashion industry. Greenpeace came out and slandered Nike, Adidas, Puma, and several other fashion designers for pollution resulting in the manufacturing process of their products. There are several chemicals used in the process of manufacturing clothing and shoes. Several chemicals are also used in the Dying process. Although these facility are 3rd parties and

Americas Post-Civil War Growing Pains - 1122 Words

| America’s Post-Civil War Growing Pains | Assignment 1 | Michelle Lepri | Professor Lisa Hawkins | 7/20/2012 | There were two major turning points during this period were the Reconstruction and Industrialization. The civil wars ended in 1865 and with the end of the civil war bought Reconstruction to the south from 1865 to 1877. The physical rebuilding of the southern region began quickly and progressed rapidly, but reconstructing southern society was much more difficult process, especially considering the political question about how to integrate rebel states back into the nations and the social question about how to integrate 4 million newly freed slaves. (Shultz 2012) In 1863, Lincoln had issued his Ten-Percent Plan, which†¦show more content†¦(Shultz, 2012) Living in the city was the most fashionable place to live during the middle of the 19th century. Merchants, Lawyers and manufacturers built substantial townhouses on the main though fares within walking distance of the docks, warehouses, offices, courts and shops where they worked. (Urbanization) There were many others that lived in tenement housing that was owned by your employer. The problem with these homes is that they didn’t have adequate plumbing, no indoor plumbing or water supply, most were shared pumps and wells in back alleys. (Shultz, 2012) This was how many disease spread because of so many people living in such a small amount of room. These factories were unsafe and the workdays so long and grueling, that many workers died each year. Between 1880 and 1900 an average of 35,000 workers died each year. (Shultz, 2012) The long standing problem in the United States from this era to present day is discrimination. Immigrants came from all over and were welcomed into the American way of life, but when the put into play Chinese Exclusion Act of 1882 which banned the immigration of Chinese labor for ten years. This was the first time in history that any person was denied access to the United States. During this time even know they freed the slaves white landowners still had always interacted to segregation. Black Codes was a law that wasShow MoreRelatedReconstruction and Industrialization1446 Words   |  6 PagesAssignment 1: â€Å"America’s Post-Civil War Growing Pains† Reconstruction and Industrialization 1865-1900 Four years after the first shots were fired at Fort Sumter the Civil War ended with the Union’s Victory over the Confederacy. Though the war was over, there were still many problems that needed to be resolved in order to reunite the states as a nation. The time period in which steps were taken to rebuild the nation is known as reconstruction. Reconstruction lasted from 1865 until 1877. TheRead MoreThe Invention Of The Cotton Gin1976 Words   |  8 Pagesinstead of their parents realizing that their children could get a better job if they let them go to school because the children are supposed to be able to play and get an education not work for people in coal mines and cotton factories and It caused pain for the kids and it was unfair to the children and Slavery in America began when the first African slaves were brought to the North American colony of Jamestown, Virginia, in 1619, to aid in the production of such lucrative crops as tobacco. SlaveryRead MoreA Brief Note On Islamophobia, The Prejudice Against Muslims1343 Words   |  6 PagesIslamophobia, the prejudice against Muslims, has become an increasing social injustice issue in post 9/11 America. Although the 9/11 attacks on the Twin Towers are what sparked the racism and hateful acts directed at Muslims, the unfair treatment and intolerance has grown worse in the past year alone since the growing public awareness of ISIS. Many Americans are uneducated on the facts outside of what they hear from the media, and they do not recognize a difference between Islamic extremists andRead MoreThe Fear Of Black Male Sexuality1537 Words   |  7 Pageswhite male known to be sexually involved with a Black female, a Black male, and a Black male known to be sexually involved with a white female. The results showed that the subjects were more inclined to cheat with both Black victims thus inflicting pain at a greater degree than when the victim was white. Saint-Aubin, Flannigan. Testeria: The Dis-ease of Black Men in White Supremacist, Patriarchal Culture. Callaloo Vol. 17.14 (1994): 1054-073. Web. 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Filmed in the wake of the Vietnam War, Francis Ford Coppolas Apocalypse Now is a complex treatise of human morality and modern warfare that expresses itself through melodram atic conventions. Coppola contained his war movie to the personal level, in order to make larger criticisms of the Vietnam conflict. The central narrative, based on Joseph Conrads Heart of Darkness, followsRead MoreSyrian Refugee Crisis And The United States1794 Words   |  8 Pagesprotesters began firing back. This was the beginning of the five-year ongoing civil war in Syria. So, you have this Middle Eastern region essentially split into two fractions: the rebels, which consist of the Syrian protesters, the Gulf States, and the United States. On the other hand, you have Assad, with Iran and Russia firmly in his corner. Suddenly, it’s turned into a â€Å"Great Powers† dispute reminiscent of the Cold War era. 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This was a huge time of change in America, with rising tensions between the North and South, the Civil War, westward expansion, and The Great Migration. Cities were quickly expanding and teaming with people looking for homes. Factory jobs were rapidly replacing farming and many Americans lived in city slums. Authors adapted to these changing timesRead More American Intervention in WWII Essay2178 Words   |  9 Pages World War II is generally viewed to be a moral war, or, as Howard Zinn would put it, â€Å"a good war.† This conventional impression of World War II results from American propaganda, along with misinterpretations of related events. Quite the contrary, the United States’ foreign policy, especially during World War II, was driven by imperialist goals rather than humanitarian concern. These foreign interventions are usually justified using political ideologies that advocate the spread of democracy

Espana †creative writing Free Essays

It was the first time I had seen a large wound, well the first I had remembered, and the first I would never forget. We were on holiday, the perfect holiday from my point of view. There were about twenty of us, varying in age, some from Birmingham, a couple from America but the majority from London. We will write a custom essay sample on Espana – creative writing or any similar topic only for you Order Now We were going on a road trip, ultimately to Spain but stopping on the way in Dijon, France. As incredible this holiday was starting to sound, the finest part to me was probably the fact that my parents were not here. I had come with my hyperactive 18 year old brother, my cousin who was a medical student, my two aunts, one of whom had brought her grandson along, my beloved nephew. I don’t think I can remember a single moment where I wasn’t laughing, smiling or simply enjoying the company of my family and the many friends we had made. The journey was astounding; it became one of those trips that could never be able to forget. Stopping in Dijon for a couple of days was amazing. It was the little things that made it unique, for instance my cousin, brother and I would take my nephew, Prem for walks in a stunning rose garden that was simply tranquil. He would want to be with us everywhere, reminding us of ourselves when we were younger and innocent, just he seemed to have five times as much energy as we did. Spain was an experience of wonder. From the people, the night life, foods, activities and that feeling I felt throughout the trip of sheer freedom. It seemed to be absolutely perfect, from the swimming pools to the beach nearby and the balconies that overlooked the entire city that just lit up at night. Being is such a magnificent place, it automatically made me get to know the people I had come with to a great extent. Having this great bond between us all, certainly made us experience Spain just that bit more. In fact, they had made an intense itinerary of things to do for the upcoming week; cram packed with everything you could possibly to in Spain. They had arranged places of great interest that sounded exceedingly pleasurable, but something else had caught my fascination and made be completely obsessed for the next week. It was the swimming pool, including the attached slides, diving facilities, an island with a connecting bridge and a general contemporary look that made it seem as if it was a pool from the next century. Addicted, is the only word that could describe me and my new passion for simply swimming for hours on end, feeding this new obsession of mine. It was here where I learnt how to do my first back flip dive, here where I found out that my swimming shorts could actually drop off if I was not careful, and here where I met my new friend Sarah. She had come to Spain every year for the past 6 years and being Flemish, communication was quite a task but it seemed worth it. We had become inseparable, giving me some of my most treasured memories, one of which was our incessant trips to the swings. I had a new blissful life full of ecstasy, one I would not want to ever give up. I still remember everyday day and moment of the idyllic time I had there. I can distinctively recall upon one day in particular. One I rather forget. It was the three days before I had to leave the resort and that morning, we got up and went straight into the swimming pool. Living life to the greatest, we were enjoying everything we possibly could. Doing our usual routine; Prem, Sarah and I were just taking pleasure in messing about in the pool. Sarah seemed to have gone swimming so much from her various holidays; she had learnt a few tricks. They were astonishing and she tried teaching them to me. Of course I wasn’t the best at water gymnastics, but I tried hard and managed to learn some fragments! Soon enough I had got a decent trick of diving into the pool doing a half summersault. Ecstatic about my new accomplishment I forgot about Prem. He was at the back of my mind but to me he would just be playing around, kicking water while staying afloat from armbands. The next thing I remember was when I saw him, climb out of the pool, with some difficulty and strike a pose the way I did when I was just about to do my new diving trick. He shouted right across the pool to where I was and screamed, ‘Hey, Shradha look at me! ‘. That’s when I froze. He definitely was not going to be able to make it and the edge of the pool was lined in a fashionable but extremely unpractical layer of sharp broken stones and sand merged together. In a matter of seconds I watched him jump, watched him scrape his shin deep as he twisted and watched him land in the water. At that point I swam as fast as I possibly could to him and jumped out of the pool, pulling him up as well. At this moment it hit me how no one we knew was here but had taken a trip to the beach, how I was left in charge of him and how I had been so irresponsible. As I examined his wound, I saw the deep gash in his leg between his knee and foot, and saw the blood trickling out. That was when a colossal wave of both guilt and worry hit me at once. Along with panic, it was a terrible combination. I was a mess of emotions that clouded my thinking and just made me confused, panicked and flustered. I was trying to comfort Prem and luckily Sarah ran into the hotel and called for help, which came quite fast. She had been the much more practical one, thinking ahead and trying to help the situation. I felt that I could not have been any more negligent and inattentive and that I was to blame for every tear that rushed down his face. The hotel staff came and got him in a relatively stable position but said that Prem should go get it cleaned up and bandaged properly. The hotel managed to contact my aunts and I didn’t even know, as I was too wrapped up in other problems. In a matter of what felt like two minutes, my aunts came and saw Prem’s leg. Being a doctor, my aunt inspected his leg and succeeded to rustle up a variety of things from the Hotel Staff and Manager. By now I had handed Prem over, and watched as he was being dealt with. I was simply amazed at his courage and bravery. He had stopped crying completely. Even when he was with me, I had not heard a complaint, moan or any sign of making things a hundred things worse than it was. I was learning so much from him, in such a short space of time. The whole incident seemed to have gone in a matter of minuets, but I had felt so many emotions flow through me. It was one of those days I would never forget, and from that day forward I understood so much more about my nephew. How he faced that day made me look at him from another light. For the next day, he complained about wanting to go swimming again. Also, when we got back to France, my cousin, brother and I would once again take my nephew, for walks in stunning rose and lilly gardens because he begged us to take him and never once did we refuse him. How to cite Espana – creative writing, Papers