Finance and Accounting financial statements and data analysis

Finance and Accounting financial statements and data analysis

 
Project description
1. Calculate Thomas Cook’s abnormal trading volumes for -5 days to +5days around both profits warning s (28th September 2010 and 12th July 2011), taking the average trading volumes before both events from -260 days to -10 days.
2. Calculate the daily cumulative abnormal returns for Thomas Cook for -5 trading days to +20 days around both profit warnings (28th September 2010 and 12th July 2011) using CAPM, where Beta is calculated using data for -90 to -10 trading days prior to the each of the events.
3. Compare and contrast both of the profit warnings effects on the trading volumes and the share price. With reference to any differences in the severity of the effects.
4. Critically discuss the results that you found and how they related to current literature on profit warnings. (hint you should relate your discussion to events that happened within the company i.e. change of CEO, share issue, debt increases)
Relevant materials on share price, share volume, Risk rates, and profit warnings are available on moodle.
Section B (20%)
In no more 400 words, explain with examples the motivations behind Earnings management and creative accounting.

PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT 🙂

 

 

Unlike most other websites we deliver what we promise;

  • Our Support Staff are online 24/7
  • Our Writers are available 24/7
  • Most Urgent order is delivered with 6 Hrs
  • 100% Original Assignment Plagiarism report can be sent to you upon request.

GET 15 % DISCOUNT TODAY use the discount code PAPER15 at the order form.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:
 Total: