2 - Assignment Example

Only on StudentShare

Extract of sample
2

The company owns over 7 million hectares of land across the Northern Territory and Queensland. The company’s strategy is to operate in diversified agribusiness operations and bring innovation in existing business practices in order to achieve long term gains. ActivEX Limited is an Australian mineral and exploration company that specialises in identifying, acquiring, and distribution of minerals. The company aims to increase shareholders’ value by investing into quality projects including minerals such as gold, copper, cobalt, etc. The company is involved in activities such as drilling, soil testing and mapping, data compilation, and reviewing. Adcorp Australia is a leading advertising agency owned locally and offers services including branding, advertising, creative design, event management, media planning and promotions. a) The monthly returns of the three companies are calculated using the following formula: Monthly return = (Current adjusted close price/Previous adjusted close price) – 1 The historical prices of the three companies are obtained from Yahoo Finance and the individual monthly returns of the three chosen stocks are shown in the appendices section. The period under study was for 61 months ending on Dec 31, 2012. The calculations are made in the MS-Excel spreadsheet application using the above formula to calculate monthly returns. ...
Download paper

Summary

FINANCE AND ACCOUNTING ASSIGNMENT 2 Table of Contents Question 1 3 a) 4 b) 5 c) 6 Question 2 8 References 12 Appendices 13 Question 1 The three companies chosen whose stocks are traded on the Australian Securities Exchange (ASX) are Adcorp Australia Limited (AAU.AX), Australian Agriculture Co…
Author : marquiselebsack

Related Essays

Assignment 2 for CLS325
5 pages (1255 words) Coursework
Finance and Accounting Assignment 2
4 pages (1004 words) Assignment
Conference Assignment 2
4 pages (1004 words) Essay
Assignment 2
4 pages (1004 words) Assignment
Strategic Corporate Finance ASSIGNMENT 2
10 pages (2510 words) Essay
Assignment 2: You Are an Entrepreneur!
6 pages (1506 words) Assignment
Accounting and Audit Enforcement
5 pages (1255 words) Research Paper
Got a tricky question? Receive an answer from students like you! Try us!