Essay About Business Analysis And Recommendation        Reference        Appendix        Appendix A

Acct 5910 – Business Analysis & Valuation Exam Paper
CONTENTSExclusive summary        Introduction to the Company and the Industry        Industry analysis        Company analysis        Accounting and financial analysis        Accounting analysis        Financial analysis        Time series analysis        Cross-sectional analysis        Forecast and valuation analysis        Revenue growth rate        NOPAT /sales        Net operating working capital        Net operating long-term asset        Cost of capital—- WACC calculation        Discounted Free Cash Flow Method (DFCF)        Discounted Abnormal Earning Method (DAE)        Discounted Abnormal Returns Method (DAR)        Sensitivity analysis        Conclusion and Recommendation        Reference        Appendix        Appendix A: ratio        Appendix B: assumptions        Exclusive summaryIntroduction to the Company and the IndustryIndustry analysisHealth service industry is a growth industry, which supplies health services to the public either directly or via proxies (IBIS World).The supply chain of PRY, which is different from other industry, has different customers and buyers.  showing as below:[pic 2]Industry prospectHere are high expectations in the community about health services and outcomes, and spending on health care has consistently grown faster than GDP. As a result, governments have introduced measures to make public-funded health care more effective and efficient. Revenue in the subdivision is estimated to total $116.5 billion in 2012-13, up 4.1% for the year. Over the five years through 2012-13, subdivision revenue is expected to grow by 4.2% per annual. Due to industry is barely influenced by the global economic situation, but it is underpinned by rising household income, the implications of having an aging population and support of Federal funding for Medicare (financial review 2013).[pic 3]