Astral Records Ltd., North America: Some Financial Concerns

9 Pages Posted: 21 Oct 2008

See all articles by Robert F. Bruner

Robert F. Bruner

University of Virginia - Darden School of Business

Robert M. Conroy

University of Virginia - Darden School of Business

Kenneth M. Eades

University of Virginia - Darden School of Business

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Abstract

A new CEO from outside the firm takes over following the sudden death of the former CEO. Included in the new CEO's inbox are pressing decisions concerning (1) the firm's financing needs, (2) capital equipment, and (3) a general assessment of the firm's financial performance. The task for the student is to analyze these issues and recommend action.

Excerpt

UVA-F-1065

Version 1.5

ASTRAL RECORDS LTD., NORTH AMERICA:

SOME FINANCIAL CONCERNS

On August 24, 1993, her first day as chief executive officer (CEO) of Astral Records Ltd., North America (Astral NA), Sarah Conner confronted a host of management problems at the company. One week earlier, Astral NA's president and CEO had been killed in a tragic accident. Soon thereafter, Conner was appointed to fill the position immediately. Several issues in her in-box that first day were financial in nature, either requiring a financial decision, or with outcomes that would have major financial implications for the firm. That evening, Conner asked to meet with her assistant, Louis Tang, to begin addressing the most prominent issues.

Astral Records and the Compact-Disk Manufacturing Industry

. . .

Keywords: capital budgeting, cost, financial analysis, forecasting, valuation

Suggested Citation

Bruner, Robert F. and Conroy, Robert M. and Eades, Kenneth M., Astral Records Ltd., North America: Some Financial Concerns. Available at SSRN: https://ssrn.com/abstract=1278873 or http://dx.doi.org/10.2139/ssrn.1278873

Robert F. Bruner (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-924-3823 (Phone)
434-924-0714 (Fax)

HOME PAGE: http://faculty.darden.edu/brunerb/

Robert M. Conroy

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

HOME PAGE: http://www.darden.virginia.edu/faculty/conroy.htm

Kenneth M. Eades

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-924-4825 (Phone)
434-924-0714 (Fax)

HOME PAGE: http://www.darden.virginia.edu/faculty/eades.htm

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