May 19th, 2015
Studypool Tutor
Adelphi University
Price: $25 USD

Tutor description

An efficient capital market is a market where the share prices reflect new information accurately and in real time. Capital market efficiency is judged by its success in incorporating and inducting information, generally about the basic value of securities, into the price of securities.

Word Count: 858
Showing Page: 1/3
Richest Automobile CompanyIn May 2004, Toyota Motor Corporation (Toyota) announced record financial results for the fiscal year ended March 2004. The company's revenues and operating income had reached highs of $163 billion and $15 billion respectively (Refer Exhibit I). What was noteworthy, however, was that the company's net earnings were more than double the combined net earnings of automobile majors General Motors (GM), Ford, DaimlerChrysler, and Honda for their latest fiscals (Refer Exhibit II). Toyota was firmly entrenched as the most profitable company in the automobile industry in the early 2000s. At a time when the giants of the industry were making meager profits and some were even suffering losses, Toyota showed steady profits. This profitability gave the company a strong position in the Japanese economy as well as the global automobile industry, and helped it grow ra

Review from student

Studypool Student
" Was sceptical because of all the poor reviews but I was desparate. Turned out pretty well, so I'm pleasantly surprised. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1830 tutors are online

Other Documents


Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors