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  2. Marks & Spencer - Wikipedia

    en.wikipedia.org/wiki/Marks_&_Spencer

    Logo 2007–2015 Est. 1884 byline variant used until 2022. M&S has run newspaper and/or magazine advertisements since the early 1950s, but the introduction of some famous stars including Twiggy [172] [173] and David Jason in television advertisements helped raise the company's profile. Twiggy first appeared in 1967, returning later in 1995 and ...

  3. Should I Buy Marks & Spencer or Next? - AOL

    www.aol.com/news/2013-02-21-should-i-buy-marks...

    Next's more modest turnover of 3.5 billion pounds provided an operating margin of 17.7% -- 2.4 times that of M&S. Marks & Spencer's main attraction is its dividend yield, which at 4.4%, is well ...

  4. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    dividends Payments by a corporation of all or part of its profit to its stockholders (the corporate owners). dividend imputation A corporate tax system in which some or all of the tax paid by a company may be attributed, or imputed, to the shareholders by way of a tax credit to reduce the income tax payable on a distribution. divorce

  5. Compound annual growth rate - Wikipedia

    en.wikipedia.org/wiki/Compound_annual_growth_rate

    CAGR can also be used to calculate mean annualized growth rates on quarterly or monthly values. The numerator of the exponent would be the value of 4 in the case of quarterly, and 12 in the case of monthly, with the denominator being the number of corresponding periods involved.

  6. Gross domestic product - Wikipedia

    en.wikipedia.org/wiki/Gross_Domestic_Product

    U.S. YoY Quarterly gross domestic product growth rate William Petty came up with a concept of GDP, to calculate the tax burden, and argue landlords were unfairly taxed during warfare between the Dutch and the English between 1652 and 1674. [11]

  7. Philip Green - Wikipedia

    en.wikipedia.org/wiki/Philip_Green

    As a Monaco resident, the company faces a significantly lower tax liability than if she were a UK resident. [44] When Green paid his family £1.2 billion in 2005, it was paid for by a loan taken out by Arcadia, cutting Arcadia's corporation tax as interest charges on the loan were offset against profits.

  8. Financial economics - Wikipedia

    en.wikipedia.org/wiki/Financial_economics

    Here, as under the certainty-case above, the specific assumption as to pricing is that prices are calculated as the present value of expected future dividends, [5] [33] [15] as based on currently available information. What is required though, is a theory for determining the appropriate discount rate, i.e. "required return", given this ...

  9. Modigliani–Miller theorem - Wikipedia

    en.wikipedia.org/wiki/Modigliani–Miller_theorem

    is the tax rate. The same relationship as earlier described stating that the cost of equity rises with leverage, because the risk to equity rises, still holds. The formula, however, has implications for the difference with the WACC. Their second attempt on capital structure included taxes has identified that as the level of gearing increases by ...

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