Financial Management Master Research Paper Example | Topics and Well Written Essays - 2000 words

Financial trouble Master - Research Paper ExampleIt also has a secondary listing on the Irish Stock Ex adjustment with the name TESCO PLC. Its market metropolisization (as on 11/5/2008) is 33.09 billion pound, tax revenue is 47.3 billion pound (2008), operating income is 2.97 billion pound(2008) and net income 2.13 billion pound (2008).All figures infra argon for the Tescos pecuniary historic period, which run for 52 or 53 week periods to late February. The figures in the table below include 52 weeks/12 months of turnover for both sides of the business as this provides the best comparative. gibe shareholder Return (TSR) shows the return on investment a shareholder receives over a specified season frame and takes into consideration the share price appreciation/depreciation and dividends received. The TSR is calculated by adding the dividend per share to the capital gain/loss and dividing this by the share price and is expressed as a percentage change over time.I have extracted the data for 4 course of instructions for Tesco and Sainsbury and have taken the dividend comprising of the lag and last(a) dividend paid by Tesco along with the stock prices appearing as on the close of every financial year as well as in the beginning of the year for the financial years from 2004-05 bank 2007-08.TSR ANALYSIS FOR TESCO As it is sooner clear from the calculat... racted the data for 4 years for Tesco and Sainsbury and have taken the dividend comprising of the interim and final dividend paid by Tesco along with the stock prices appearing as on the close of every financial year as well as in the beginning of the year for the financial years from 2004-05 till 2007-08.PARTCULARS OF DIVIDEND PAID BY TESCODIVIDEND IN PENCE/SHAREPARTCULARS OF SHARE PRICES AS ON PARTICULAR ascertain - TESCOSHARE PRICE TSR FOR TESCOInterim - 10/10/073.20As on 23/02/2008 - eat up cdFinal - 23/04/087.70As on 24/02/2007 - Beginning446Total10.90Difference in prices- 46(-46+10.9)/ 446*100= 7.87%Interim - 11/10/062.81As on 24/02/2007 - End446Final - 25/04/076.83As on 25/02/2006 - Beginning335Total9.64Difference in prices111(111+9.64)/335*100= 36.01%Interim - 28/09/052.53As on 25/02/2006 - End335Final - 03/05/066.10As on 26/02/2005 - Beginning308Total8.63Difference in prices 27(27+8.63)/308*100= 11.57%Interim - 29/09/042.29As on 26/02/2005 - End308Final - 20/04/055.27As on 27/02/2004 - Beginning258Total7.56Difference in prices 50(50+7.56)/258*100= 22.31%TSR ANALYSIS FOR TESCO As it is quite clear from the calculations that the Total Shareholder Return for the Company has been quite volatile in nature and has been variable for the four years period and the same was negative for the authorized financial year 2007-08. This is on account of the fluctuating share price although the dividend per share has been on a constant rising scale. Moreover the performance of the stock has been quite volatile for TESCO and for the current financial year 07-08, it showed a downward tre nd. (ii) Market Value Added(MVA)A calculation that shows the difference between the