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FOR MORE CLASSES VISIT<br>www.fin571genius.com<br>This Tutorial also contains 2 other sets This tutorial contains 3 set of final along with excel file which can be used to solve question in case value changes 1.Which one of the following parties is considered a stakeholder of a firm? 2.The process of planning and managing a firm's long-term assets is called: 3. Which one of the following actions by a financial manager creates an agency problem? 4. Which one of these is a cash outflow from a corporation? 5. For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): 6. Gerold invested $115 in an account that pays 5 percent simple interest. How much money will he have at the end of 5 years? 7. What is the future value of $920 a year for 5 years
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FIN 571 Final Exam Guide (3 Set with Excel File) FOR MORE CLASSES VISIT www.fin571genius.com This Tutorial also contains 2 other sets This tutorial contains 3 set of final along with excel file which can be used to solve question in case value changes 1.Which one of the following parties is considered a stakeholder of a firm? 2.The process of planning and managing a firm's long-term assets is called: 3. Which one of the following actions by a financial manager creates an agency problem? 4. Which one of these is a cash outflow from a corporation? 5. For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): 6. Gerold
FIN 571 Final Exam Guide (New) FOR MORE CLASSES VISIT www.fin571genius.com 1.A proxy fight occurs when: the board of directors disagree on the members of the management team. 2. A stakeholder is any person or entity: 3.Which one of the following is least apt to help convince managers to work in the best interest of the stockholders? threat of a proxy fight pay raises based on length of service implementation of a stock option plan 4.Financial managers primarily create firm value by: maximizing current sales. investing in assets that generate cash in excess of their cost. 5.First City Bank pays 7 percent simple interest on its savings account balances, whereas Second City Bank pays 7 percent interest compounded annually. If you made a $59,000 deposit in each bank, how much more money would you earn from your Second City Bank account at the end of 9 years? (Do not round intermediate
FIN 571 Final Exam Guide Set 2 (NEW) FOR MORE CLASSES VISIT www.fin571genius.com 1. Financial managers should primarily strive to: 2. The process of planning and managing a firm's long-term assets is called: 3. Which one of the following actions by a financial manager creates an agency problem? 4. Which one of these is a cash outflow from a corporation? 5. For each of the following, compute the present value 6. Gerold invested $115 in an account that pays 5 percent simple interest. How much money will he have at the end of 5 years? 7. What is the future value of $920 a year for 5 years at a 6 percent interest? 8. You bought 360 shares of stock at a total cost of $7,754.40. You received a total of $403.20 in dividends and sold your shares for $19.98 a share. What was your total rate of return? 9. A year ago, you purchased 500 shares of New Tech stock at a price of $49.03 per share. The stock pays an
FIN 571 Week 1 Connect Problems (Math and Accounting Review) FOR MORE CLASSES VISIT www.fin571genius.com FIN 571 Week 1 Connect Problems (Math & Accounting Review) 1. Functions Excel will make your life as a finance student much easier. This section will show how to use various functions in Excel. Once you understand the how and why of a particular financial equation, you can make 1. Which Excel cell entry will calculate the square root of 165? 2. Which statements about Excel’s FV function are correct? 3. Which fields are required to calculate net present value (NPV) in Excel? 4. Which Excel function is used to calculate the amount of each annuity payment? 5. Which fields are required to calculate the rate of return (RATE) for a present value calculation in Excel? 2. The Balance Sheet This lesson will help you refresh your knowledge on the basics of the balance sheet. Brushing up on these concepts now will help you tackl
FIN 571 Week 1 Connect Problems (Week 1 Problem Set) FOR MORE CLASSES VISIT www.fin571genius.com FIN 571 Week 1 Connect Problems (Week 1 Problem Set) 1.The ultimate control of a corporation lies in the hands of the corporate: president. board of directors. chairman of the board. chief executive officer. stockholders. 1. (Set 2) If a firm is currently profitable, then: it will always have sufficient cash to pay its bills in a timely manner. the timing of the cash flows on proposed projects is irrelevant. its current cash inflows must exceed its current cash outflows. its cash flows are known with certainty. its reported sales exceed its costs. 2.Which one of these is a cash outflow from a corporation? sale of an asset dividend
FIN 571 Week 1 DQ 1 FOR MORE CLASSES VISIT www.fin571genius.com What is ethics? If you follow all applicable rules and regulations, are you an ethical person?
FIN 571 Week 1 DQ 2 FOR MORE CLASSES VISIT www.fin571genius.com Assume that interest rates have increased substantially. Would this tend to increase or decrease the market value (meaning the price an investor in the firm's paper is willing to pay) of a firm’s liabilities (relative to the book value of liabilities)? This question is referring to a firm's liability such as a bond or debenture that has been issued in the markets. What happens to the price an investor who is looking to purchase that bond or debenture is willing to pay if the market interest rate increases above the rate that the bond or debenture pays.
FIN 571 Week 1 Financial Ratio Analysis FOR MORE CLASSES VISIT www.fin571genius.com Purpose of Assignment The purpose of this assignment is to help students gain a better understanding of the financial statements used for corporate financial reporting and the key ratios used to make business decisions. Assignment Steps Select a Fortune 500 Company from one of the following industries: • Pharmaceutical • Energy • Retail • Automotive • Computer Hardware Review the balance sheet and income statement in the company's 2015 Annual Report. Calculate the following ratios using Microsoft® Excel®: • Current Ratio • Quick Ratio • Debt Equity Ratio • Inventory Turnover Ratio • Receivables Turnover Ratio • Total Assets Turnover Ratio • Profit Margin (Net Margin) Ratio • Return on Assets Ratio Analyze in 1,050 words why each ratio is important for financial decision making. Submit your analysis as well as your calculations. Click the Assignment Files tab to submit your assignment.
FIN 571 Week 1 Individual Assignment Business Structures FOR MORE CLASSES VISIT www.fin571genius.com Watch the "Your Business Structure" and "Corporate Business Structures" videos on the Electronics Reserve Readings page. Identify the different business structures. Write a 350 to 700 word explanation of how each business structure might and might not be advantageous. Click the Assignment Files tab to submit your assignment.
FIN 571 Week 2 Connect Problems FOR MORE CLASSES VISIT www.fin571genius.com FIN 571 Week 2 Connect Problems 1.Sankey, Inc., has current assets of $4,230, net fixed assets of $25,700, current liabilities of $3,500, and long-term debt of $14,400. What is the value of the shareholders' equity account for this firm? 2.Which one of the following assets is generally the most liquid? 3.Which one of the following accounts is included in stockholders' equity? 4.It is easier to evaluate a firm using its financial statements when the firm: 5.Which one of these accounts is classified as a current asset on the balance sheet? 6.Sankey, Inc., has current assets of $4,500, net fixed assets of $23,500, current liabilities of $2,750, and long-term debt of $12,900. What is the value of the shareholders' equity account for this firm? 7.Shelton, Inc., has sales of $396,000, costs of $184,000, depreciation expense of $49,000, interest
FIN 571 Week 2 DQ 1 FOR MORE CLASSES VISIT www.fin571genius.com In order to receive proper credit, please reply to this message when posting your answers to WK2 DQ1. Suppose you own $1 million worth of 30-year Treasury bonds. Is this asset riskless? You own $1 million worth of 90-day Treasury bills. You “roll over” this investment every 90 days by reinvesting the proceeds in another issue of 90-day Treasury bills. Is this investment riskless? Can you think of an asset that is truly riskless?
FIN 571 Week 2 DQ 2 FOR MORE CLASSES VISIT www.fin571genius.com Suppose rf is 5% and rM is 10%. According to the SML and the CAPM, an asset with a beta of −2.0 has a required return of negative 5% [= 5 − 2(10 − 5)]. Can this be possible? Does this mean that the asset has negative risk? Why would anyone ever invest in an asset that has an expected and required return that is negative? Explain
FIN 571 Week 2 Individual Assignment Business Structure Advice FOR MORE CLASSES VISIT www.fin571genius.com Write a 350 to 700 word response to the following e-mail: Dear Consultant, I am currently starting a business and developing my business plan. I'm in need of some advice on how to start forming my business. I am not sure exactly how it will be financed and whether or not I want to take on partners. I am interested and willing to learn the intricacies of my options to determine how to best proceed with my plan. Please advise on what my options are, the advantages and disadvantages of each, and possible tax consequences for each scenario?
FIN 571 Week 2 Individual Assignment Ethics and Finance FOR MORE CLASSES VISIT www.fin571genius.com The Sarbanes-Oxley Act of 2002 (SOX) was passed as the result of the Enron scandal and other instances of accounting fraud. This act was passed to strengthen the role of the Securities and Exchange Commission (SEC). Research a case of corporate financial abuse related to the Sarbanes-Oxley Act of 2002 and apply this to your current work or desired place of employment. Create a 1,400-word analysis of the application of SOX in which you include the following: Discuss the mistakes made by the company and their leadership. Discuss the steps leadership could have taken to prevent or mitigate the repercussions. Explain the role of market pressures on unethical behavior. Examine the influence of the basics of finance and how the Sarbanes-Oxley Act of 2002 changed things. Evaluate the influence of Sarbanes-Oxley Act on ethical
FIN 571 Week 2 Individual Assignment Ratio Analysis Problems FOR MORE CLASSES VISIT www.fin571genius.com Ratio Analysis (Individual Assignment) You may use excel or word.doc format for this assignment.Please post your homework as a word.doc or excel file in the class discussion section below by the due date. 1. Analysis of cost of goods sold problem.
FIN 571 Week 2 Learning Team Reflection FOR MORE CLASSES VISIT www.fin571genius.com Read the Ethics case, "A Sad Tale: The Demise of Arthur Anderson" located in the WileyPLUS Week Fundamentals of Corporate Finance Chapter readings. Discuss the mistakes made by Arthur Anderson and potential actions that leadership could have taken to prevent the organizational failure. Write a 350- to 700-word summary of your discussion. Click the Assignment Files tab to submit your assignment.
FIN 571 Week 2 Stock Valuation and Analysis FOR MORE CLASSES VISIT www.fin571genius.com Assignment Steps Resources: Yahoo Finance Select a Fortune 500 Company from one of the following industries: • Pharmaceutical • Energy • Retail • Automotive • Computer Hardware • Manufacturing • Mining Access Yahoo Finance and enter the company name. Review the financial information and statistics provided for the stock you selected and answer the following: • What is the ticker symbol of the company you chose? • What is the Current Stock Price? • What is the Market Cap for the stock you chose? • What is the Price to Earnings Ratio? • What is the Dividend and Yield? • What is the Enterprise Value? • What is the Beta? • Was there a Stock Split, and if so, when? • What was the closing stock price for the last 5 days? • What was the 52 Week High for this stock? • What is the Book Value per Share? • What type of rating
FIN 571 Week 3 Connect Problems FOR MORE CLASSES VISIT www.fin571genius.com FIN 571 Week 3 Connect Problems If the Garnett Corp. has a 15 percent ROE and a 25 percent payout ratio, what is its sustainable growth rate? 1.If the Hunter Corp. has an ROE of 15 and a payout ratio of 18 percent, what is its sustainable growth rate 2.The most recent financial statements for Williamson, Inc., are shown here Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year’s sales are projected to be $8,418. What is the external financing needed? 3.The maximum rate at which a firm can grow while maintaining a constant debt-equity ratio is best defined by its: 4.Financial planning, when properly executed: 5.Projected future financial statements are called: 6.Which account is least apt to vary directly with sales? 7.Which one of the following depicts a correct relationship? 8.One of the
FIN 571 Week 3 Individual Assignment Interpreting Financial Results FOR MORE CLASSES VISIT www.fin571genius.com Resource: Financial Statements for the company assigned by your instructor in Week 2. Review the assigned company's financial statements from the past three years. Calculate the financial ratios for the assigned company's financial statements, and then interpret those results against company historical data as well as industry benchmarks: Compare the financial ratios with each of the preceding three (3) years (e.g. 2014 with 2013; 2013 with 2012; and 2012 with 2011). Compare the calculated financial ratios against the industry benchmarks for the industry of your assigned company.
FIN 571 Week 3 Learning Team Reflection FOR MORE CLASSES VISIT www.fin571genius.com Watch the "Concept Review Video: Working Capital Management" video located in theWileyPLUS Assignment: Week 3 Videos Activity. Discuss strategies these business owners used to manage their working capital. Write a 350-700 word summary of your discussion. Click the Assignment Files tab to submit your assignment.
FIN 571 Week 3 Researching Industry Financial Statistics FOR MORE CLASSES VISIT www.fin571genius.com Purpose of Assignment The purpose of this assignment is to allow the students an opportunity to complete their financial evaluation of a company using the financial research database Plunkett Research Online. Plunkett Research Online provides in-depth analysis of a company's financials, comparisons to industry averages, a list of top executives, how the company compares to other competitors in terms of revenue, number of employees, market capitalization and other key financial metrics. Assignment Steps Resources: Plunket Research Online located in the Week 3 Electronic Reserve Readings; Microsoft® Excel® Access the the Plunkett Research database in the University Library by following these steps: 1. Click on the University Library link. 2. Click "Company Directories and Financials" under Library Resources. 3. Click "Plunkett
FIN 571 Week 3 Team Assignment Financial Statement Interpretation FOR MORE CLASSES VISIT www.fin571genius.com Select three publicly traded companies. Choose one each from the following sectors: manufacturing, service, and retail. At least one of the three companies should be foreign. If possible, choose from among the team members' places of business or similar industries. Calculate the following: • Current ratio • Quick ratio • Net profit margin • Asset utilization • Financial leverage Analyze the Return on Equity (ROE) for the last 2 years using the DuPont method. Develop a 2,100-word comparison of your three companies in which you include the following: • Discuss the differences in the industries • Discuss the different measurement conventions and how this affects presentations. • Contrast IASB basis for accounting (IFRS) and FASB/GAAP accounting. • Compare the three companies and their strategies for managing their
FIN 571 Week 3 Using the Payback Method, IRR, and NPV FOR MORE CLASSES VISIT www.fin571genius.com The purpose of this assignment is to allow the student to calculate the project cash flow using net present value (NPV), internal rate of return (IRR), and the payback methods. Assignment Steps Resources: Corporate Finance Create a 350-word memo to management including the following: • Describe the use of internal rate of return (IRR), net present value (NPV), and the payback method in evaluating project cash flows. • Describe the advantages and disadvantages of each method. Calculate the following time value of money problems: 1. If you want to accumulate $500,000 in 20 years, how much do you need to
FIN 571 Week 4 Assignment Rate of Return for Stocks and Bonds FOR MORE CLASSES VISIT www.fin571genius.com The purpose of this assignment is to allow the student an opportunity to calculate the rate of return of equity and debt instruments. It allows the student to understand the effects of dividends; capital gains; inflation rates; and how the nominal rate of return affects valuation and pricing. The assignment also allows the student to apply concepts related to CAPM, WACC, and Flotation Costs to understand the influence of debt and equity on the company's capital structure. Assignment Steps Resources: Corporate Finance Calculate the following problems and provide an overall summary of how companies make financial decisions in no more than 700 words, based on your answers: 1. 1) Stock Valuation: A stock has an initial price of $100 per share, paid a dividend of $2.00 per share during the year, and had an ending
FIN 571 Week 4 Connect Problems FOR MORE CLASSES VISIT www.fin571genius.com FIN 571 Week 4 Connect Problems Q-1 Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 20 years to maturity, and a coupon rate of 7 percent paid annually. If the yield to maturity is 8.1 percent, what is the current price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Q-1 (Set 2) Watters Umbrella Corp. issued 30-year bonds 2 years ago at a coupon rate of 7.4 percent. The bonds make semiannual payments. If these bonds currently sell for 83 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,
FIN 571 Week 4 Individual Assignment Analyzing Pro Forma Statements FOR MORE CLASSES VISIT www.fin571genius.com Decide upon an initiative you want to implement that would increase sales over the next five years, (for example, market another product, corporate expansion, and so on). Using the sample financial statements, create pro forma statements of five year projections that are clear, concise, and easy to read. Be sure to double check the calculations in your pro forma statements. Make assumptions that support each line item increase or decrease for your forecasted statements. Discuss and interpret the financials in relation to the initiative. Make recommendations on potential discretionary financing needs.
FIN 571 Week 4 Learning Team Reflection FOR MORE CLASSES VISIT www.fin571genius.com Watch the "Concept Review Video: Stock Valuation" video located in the WileyPLUS Assignment: Week 4 Videos Activity. Discuss how markets and investors value a stock. Write a 350-700 word summary of your discussion. Click the Assignment Files tab to submit your assignment.
FIN 571 Week 4 Team Assignment Operating Leverage and Forecasting FOR MORE CLASSES VISIT www.fin571genius.com Operating Leverage and Forecasting Problems Team Assignment Please complete the following problems. When calculating earnings per share and PE ratios, please show your work. This problem is similar to the examples shown in the lecture. You manufacture hunting pack systems in China for 80 dollars each, including shipping. The manufacturing costs only include variable costs. Variable costs are not calculated as a percentage of sales in this case. Sales are a function of the number of packs sold and the price per pack. Likewise, variable costs are a function of the number of packs sold and the cost to produce each pack. You sell these packs to retailers for 200 dollars each. In the current year you will sell 100,000 packs. Your fixed costs including such
FIN 571 Week 5 Assignment Capital Market Efficiency Paper FOR MORE CLASSES VISIT www.fin571genius.com Purpose of Assignment The purpose of this assignment is to allow the student an opportunity to explain what it means to have an efficient capital market. Students will gain an understanding of the different levels of market efficiency and how behavioral finance can inhibit reaching market transparency. Assignment Steps Resources: Microsoft® Word Explain in 525 words what it means to have efficient capital market, including: • Describe the behavioral challenges in achieving efficiency. • Discuss the three forms of market efficiency. • What are the implications to corporate finance? • Would you consider the real estate market an efficient capital market? Please explain why or why not.
FIN 571 Week 5 Assignment Effect of Debt Issuance on Stock Valuation FOR MORE CLASSES VISIT www.fin571genius.com Purpose of Assignment The purpose of this assignment is to demonstrate to students how the issuance of debt to purchase outstanding common stock could affect the value of the company's equity and redefine the capital structure. The problem will also allow students to explore the effect of corporate taxes through debt financing. Assignment Steps Resources:Corporate Finance Scenario: Hightower, Inc. plans to announce it will issue $2.0 million of perpetual debt and use the proceeds to repurchase common stock. The bonds will sell at par with a coupon rate of 5%. Hightower, Inc. is currently an all-equity company worth $7.5 million with 400,000 shares of common stock outstanding. After the sale of the bonds, the company will maintain the new capital structure indefinitely. The company currently generates annual
FIN 571 Week 5 Connect Problems FOR MORE CLASSES VISIT www.fin571genius.com 1.The difference between the present value of an investment’s future cash flows and its initial cost is the: payback period. internal rate of return. profitability index. discounted payback period. net present value. 2.Which statement concerning the net present value (NPV) of an investment or a financing project is correct? An investment project that has positive cash flows for every time period after the initial investment should be accepted. Any type of project should be accepted if the NPV is positive and rejected if it is negative. A financing project should be accepted if, and only if, the NPV is exactly equal to zero. Any type of project with greater total cash inflows than total cash outflows, should always be accepted. An investment project should be accepted only if the NPV is equal to the initial cash flow. 3.The primary reason that
FIN 571 Week 5 Individual Assignment DCF and WACC Problems FOR MORE CLASSES VISIT www.fin571genius.com Discounted Cash Flows and WACC Homework Problems Please post the answers (and show your work) in the assignments section by midnight the last day of the week assigned. Calculate the future value of 1,535 invested today for 8 years at 6 percent. (5 points) What is the total present value of the following cash stream, discounted at 8 percent? (5 points)
FIN 571 Week 5 Learning Team Reflection FOR MORE CLASSES VISIT www.fin571genius.com Watch the "Concept Review Video: Cost of Capital" video located in the WileyPLUS Assignment: Week 5 Videos Activity. Discuss some of the corporate finance challenges faced by this company. Write a 350-700 word summary of your discussion. Click the Assignment Files tab to submit your assignment.
FIN 571 Week 5 Team Assignment Capital Budgeting Assignment, Part 1 (New Heritage Doll) FOR MORE CLASSES VISIT www.fin571genius.com Acting as the executive team for a small company, your team will apply the principles of capital budgeting to invest in growth and cash flow improvement opportunities in three phases over 10 simulated years. Each opportunity has a unique financial profile and you must analyze the effects on working capital. Examples of opportunities include taking on new customers, capitalizing on supplier discounts, and reducing inventory. The team must understand how the income statement, balance sheet, and statement of cash flows are interconnected and be able to analyze forecasted financial information to consider possible
FIN 571 Week 5 Working Capital Simulation Managing Growth, Part 1 (SNC) FOR MORE CLASSES VISIT www.fin571genius.com Acting as the executive team for a small company, your team will apply the principles of capital budgeting to invest in growth and cash flow improvement opportunities in three phases over 10 simulated years. Each opportunity has a unique financial profile and you must analyze the effects on working capital. Examples of opportunities include taking on new customers, capitalizing on supplier discounts, and reducing inventory. The team must understand how the income statement, balance sheet, and statement of cash flows are interconnected and be able to analyze forecasted financial information to consider possible effects of each opportunity on the firm's financial position. The company operates on thin margins with a constrained cash position and limited available credit. You must optimize use of internal and external
FIN 571 Week 6 Assignment start-up company Signature Assignment (score 80%) FOR MORE CLASSES VISIT www.fin571genius.com About Your Signature Assignment: This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignments may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements. Purpose of Assignment: The purpose of this assignment is to allow the student an opportunity to apply their understanding of cash flow management, break-even analysis, and short-term and long-term financing in starting and growing a business. The assignment will be presented to the class giving the real world