On Monday, the Association for Financial Professionals issued its “2013 AFP Estimating and Applying Cost of Capital Survey Report.” The survey of 424 finance professionals found that although financial planning and analysis (FP&A) might be the department that makes the most use of weighted average cost of capital (WACC) figures, it is generally not the department responsible for coming up with WACC estimates. In 46 percent of respondents’ companies, treasury is responsible for WACC calculations. This responsibility falls to finance in 32 percent of companies and to FP&A in only 18 percent.
Members of the judiciary joined the Network of Bar Leaders at the Daniel Patrick Moynihan U.S. Courthouse on Jan. 10 to celebrate the New Year and present the network's past president Raymond Dowd with the Hon. Harold Baer, Jr. Diversity Award.
“Seed-to-sale” compliance technology is enabling state regulators and commercial marijuana retailers to keep a tight rein on cannabis products. But the rapidly evolving tech is far from perfect.
Negotiators' decision on repatriation rate may depend on bill's revenue score.
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