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FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Final Exam Guide (3 Set with Excel File) 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?
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Final Exam Guide (New) 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
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Final Exam Guide Set 2 (NEW) 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?
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 1 Connect Problems (Math and Accounting Review) 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?
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 1 Connect Problems (Week 1 Problem Set) 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.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 1 DQ 1 What is ethics? If you follow all applicable rules and regulations, are you an ethical person?
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 1 DQ 2 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)?
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 1 Individual Assignment Business Structures 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 Slingshot Academy / fin571tutor.com FIN 571 Week 2 Connect Problems 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. (Do not round intermediate calculations.) What is the value of the shareholders' equity account for this firm? How much is net working capital? 2. Which one of the following assets is generally the most liquid? 3. Which one of the following accounts is included in stockholders' equity?
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 2 DQ 1 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 Slingshot Academy / fin571tutor.com FIN 571 Week 2 DQ 2 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 Slingshot Academy / fin571tutor.com FIN 571 Week 2 Individual Assignment Business Structure Advice 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 Slingshot Academy / fin571tutor.com FIN 571 Week 2 Individual Assignment Ethics and Finance 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.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 2 Individual Assignment Ratio Analysis Problems Ratio Analysis Problems 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. 1992 1993 1994 Gross Profit Margin 60% 55% 51% What is happening to cost of goods sold? As was done in the week 2 online lecture on ratio analysis, please assume sales of 1 dollar each year as you do your analysis
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 2 Learning Team Reflection 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 Slingshot Academy / fin571tutor.com FIN 571 Week 3 Connect Problems 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:
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 3 DQ 1 Why are interest rates on short-term loans not necessarily comparable to each other? Give three possible reasons.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 3 DQ 2 Optical Supply Company offers credit terms of 2/10, net 60. If Optical Supply is considering a change in its credit terms to one of those indicated, explain whether the change should increase or decrease sales. (a) 2/10, net 30, (b) net 60, (c) 3/15, net 60, (d) 2/10, net 30, 30 extra
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 3 Individual Assignment Interpreting Financial Results 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 Slingshot Academy / fin571tutor.com FIN 571 Week 3 Learning Team Reflection 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 Slingshot Academy / fin571tutor.com FIN 571 Week 3 Team Assignment Financial Statement Interpretation • 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
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 4 Connect Problems 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.)
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 4 DQ 1 A firm uses a single discount rate to compute the NPV of all its potential capital budgeting projects, even though the projects have a wide range of nondiversifiable risk. The firm then undertakes all those projects that appear to have positive NPVs. Briefly explain why such a firm would tend to become riskier over time.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 4 DQ 2 Phyllis believes that the firm should use straight-line depreciation for a capital project because it results in higher net income during the early years of the project’s life. Joanna believes that the firm should use the modified accelerated cost recovery system depreciation because it reduces the tax liability during the early years of the project’s life. Assuming you have a choice between depreciation methods, whose advice should you follow? Why?
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 4 Individual Assignment Analyzing Pro Forma Statements 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.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 4 Learning Team Reflection 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 Slingshot Academy / fin571tutor.com FIN 571 Week 4 Team Assignment Operating Leverage and Forecasting 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.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 5 Connect Problems 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.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 5 DQ 1 Because the weighted average is always a correct measure of a required return, why do firms not create securities to finance each project and offer them in the capital market in order to accurately determine the required return for the project?
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 5 DQ 2 The development of the new issue junk bond market had important implications for capital structure choice. The existence of a viable junk bond market means that firms can comfortably maintain higher degrees of leverage than they could prior to the development of this market. Do you agree or disagree? Justify your answer.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 5 Individual Assignment DCF and WACC Problems 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 Slingshot Academy / fin571tutor.com FIN 571 Week 5 Learning Team Reflection 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 Slingshot Academy / fin571tutor.com FIN 571 Week 5 Team Assignment Capital Budgeting Assignment, Part 1 (New Heritage Doll) 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.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 5 Working Capital Simulation Managing Growth, Part 1 (SNC) 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.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 6 Individual Assignment Working Capital Simulation Managing Growth Assignment Resources: Harvard Business Publishing: Working Capital Simulation: Managing Growth Assignment Ch. 1 - 21 ofFundamentals of Corporate Finance WileyPLUS Assignments All additional resources from each week Review the following scenario: Acting as the CEO of a small company, you will apply the principles of capital budgeting to invest in growth and cash flow improvement opportunities in three phases over 10 simulated years.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 6 Learning Team Reflection Watch the "Corporate Finance Video: Stable Money Makers" located in the WileyPLUS Assignment: Week 6 Videos Activity. Identify a capital improvement that could help Betty with her Alpaca business. Write a summary of no more than 700 words explaining how the capital improvement you identified could help the business. Click the Assignment Files tab to submit your assignment.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 6 Team Assignment Capital Budgeting Assignment, Part 2 (New Heritage Doll) The executive team of New Heritage Doll has completed the decision making for capital budgeting for the firm. Now the team must decide which decisions and approach were the best for the company. The executive team must create a presentation to be given to the board members of New Heritage Doll Compare the decisions and results of all members of the team. Create a 20-slide Microsoft® PowerPoint® presentation that includes detailed speaker notes that act as the script of the presentation in which you include the following: Summarize the decisions made by each member. Explain why those decisions were made.
FIN 571 Slingshot Academy / fin571tutor.com FIN 571 Week 6 Working Capital Simulation Managing Growth, Part 2 (SNC) The executive team of New Heritage Doll has completed the decision making for capital budgeting for the firm. Now the team must decide which decisions and approach were the best for the company. The executive team must create a presentation to be given to the board members of SNC. Compare the decisions and results of all members of the team. Create a 20-slide Microsoft® PowerPoint® presentation that includes detailed speaker notes that act as the script of the presentation in which you include the following: Summarize the decisions made by each member.
FIN 571 Slingshot Academy / fin571tutor.com Education is everything - education is your power, education is your way in life for whatever you More Tutorials Visit Now www.fin571tutor.com