Finance and Accounting

Description

Choose a company listed in the FTSE100, obtain their accounts and explain their long term funding.  Calculate their Weighted Average Cost of Capital (WACC) using the methods we have practiced in class, as well as any other method that you research and that you deem appropriate, and make clear any assumption that you have made.  Critically assess the funding sources, explain alternatives and discuss the pros and cons.  Explain the roles of risk, tax and gearing in the funding choice and make recommendations for its optimisation.  All working should be shown (in appendices where relevant) and all data must be referenced correctly. Harvard referencing should be used throughout.