Expected Growth Model

Essay specific features





Written by:

Margo L


Date added:

July 5, 2016








No of pages / words:

3 / 759


Was viewed:

7182 times


Rating of current essay:

Essay content:

This methodology takes into account the two principal determinants of growth, namely quality of investments (Return on Capital ---- ROC) and reinvestment policy (Reinvestment Rate –-- RIR) and is expressed as: Exp g = (ROC)(RIR) Where: ROC = EBIT(1-t) / CapInvest RIR = Capex – Depr + ? non-cash W/C / EBIT(1-t) and Non-cash Working Capital is defined as: Non-cash W/C = Non-cash current assets - non-interest-bearing current liabilities Non-interest bearing debt generally excludes short term debt and the short term portion of long term debt...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $11.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote


For current non-cash liabilities the principle items are accounts payable, taxes payable, and salaries payable. For purposes of analysis, we often treat changes in non-cash working capital as we would “investments” because they affect the analysis of projects as well as aid in the determination of firm value...
displayed next 300 characters

General issues of this essay:

Related essays: