won
Grand Mart
Pork
120,000 won
Mineral Butcher
Drinks
98,000 won
Grand Mart
Other dishes
234,000 won
Table #4
for soft drinks so mart was selected considering transport and storage .
b)Expected returns
- Assumptions
calculate 1,500,000 won based on net income of investment
corresponding set of assumptions
2. The basic economics of copyright
경제학자들은 저작권법을 창작적인 일을 생산할 수 있는 장려책을 제공하는 수단으로 생각한다. 그러나, 정부중재와 같은 경우, 그것은 비용을 만들어 낸다. 가장 오래된 견해는 저작권이 독점이고 그래서 경쟁보다 더 높은 비용을 만들어 낸다는 것이다. 그러나, 독점
1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7
return to China in 1997, politically, Hong Kong has been the special administrative region of People’s Republic of China, but economically, it has enjoyed independent economic system from China with the system of market-based capitalist economy. That’s why business men in Hong Kong are playing the role as network chains of Chinese economic regions without any economic restriction from the gov
3. Expected Returns
The following formula is needed to compute expected returns:
(Initial investment/spot exchange rate)*(1+Interest rate for 1 month)*Expected exchange rate
→ (1000/1.722)*(1.107)*1.715 = 1102.5
1102.5*Increased stock price would be the exchange
4. Risk-free Returns (Forward Rate)
The following formula is needed to compute risk-free returns
(Initial investment/spot