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For more course tutorials visit<br>www.fin515.com<br><br><br>This tutorial doesnt contain Final Exam Guide<br> <br>FIN 515 Week 1 DQ 1 Accounting Versus Finance<br>FIN 515 Week 1 DQ 2 Financial Analysis<br>FIN 515 Week 1 Quiz<br>FIN 515 Week 1 Quiz (New)<br>FIN 515 Week 1 Problem Set<br>FIN 515 Week 2 DQ 1 TVM Pass-a-Problem<br>FIN 515 Week 2 DQ 2 Assumptions of the TVM Model<br>FIN 515 Week 2 Quiz<br>FIN 515 Week 2 Problem Set<br>FIN 515 Week 3 DQ 1 Examples of Capital Expenditure From Your Industry<br>FIN 515 Week 3 DQ 2 Capital Budgeting Terms and Considerations<br>FIN 515 Week 3 Course Project 1 (3 Papers)<br>FIN 515 Week 3 Quiz<br>FIN 515 Week 3 Problem Set<br>FIN 515 Week 4 DQ 1 Market Value of a Stock Versus DDM Value<br>FIN 515 Week 4 DQ 2 Differences in YTM of Real Life Bonds<br>FIN 515 Week 4 Midterm<br>FIN 515 Week 4 Problem Set<br>FIN 515 Week 5 DQ 1 Calculating WACC for a Real Firm<br>FIN 515 Week 5 DQ 2 Finding Stock Values for Real Stocks Using Beta and the SML<br>FIN 515 Week 5 problem Set<br>FIN 515 Week 5 Quiz<br>FIN 515 Week 6 DQ 1 Examples of Real Agency Problems and How They Could Have Been Prevented<br>FIN 515 Week 6 DQ 2 The Role of Financial Managers in Ethical Corporate Governance<br>FIN 515 Week 6 Problem Set<br>FIN 515 Week 6 Course Project 2 (2 Different Projects)<br>FIN 515 Week 7 DQ 1 Industry Approaches to Working Capital Financing<br>FIN 515 Week 7 DQ 2 Your Preference for Working Capital Management Policy<br>FIN 515 Week 7 Problem Set
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FIN 515 Course Career Path Begins/fin515dotcom For More Tutorials www.fin515.com
FIN 515 Entire Course FIN 515 Course Project 1 and 2 • This tutorial doesnt contain Final Exam Guide • FIN 515 Week 1 DQ 1 Accounting Versus Finance • FIN 515 Week 1 DQ 2 Financial Analysis • FIN 515 Week 1 Quiz • FIN 515 Week 1 Quiz (New) • FIN 515 Week 1 Problem Set • FIN 515 Week 2 DQ 1 TVM Pass-a-Problem • This Tutorial contains • Week 3 Course Project (3 Sets) • Week 6 Course Project (2 Sets) FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Final Exam (all 3 Sets) FIN 515 Final Exam Set 1 • FIN 515 Final Exam Set 1 • FIN 515 Final Exam Set 2 • FIN 515 Final Exam Set 3 • 1. (TCO A) In the United States, which of the following types of organization has the greatest revenue in total? (Points : 5) • a. Sole proprietorship • b. C corporation • c. S corporation • d. Limited partnership • 1.1) Which of the following is not a step in the WACC valuation method? FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Final Exam Set 2 FIN 515 Final Exam Set 3 • Question 1.1. (TCO A) Double taxation is a drawback for which of the following types of business organization except? • Question 2.2. (TCO A) Sole proprietorships have all of the following advantages except • Question 3.3. (TCO B) Which of the following would cause the present value of an annuity to decrease? • 1. (TCO A) In the United States, which of the following types of organization has the greatest revenue in total? (Points : 5) • Sole proprietorship • C corporation • S corporation • Limited partnership • Question 2.2. (TCO A) A sole proprietorship is owned by (Points : 5) • one person. FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 1 DQ 1 Accounting Versus Finance FIN 515 Week 1 DQ 2 Financial Analysis • Accounting Versus Finance (graded) • Much of the analysis done by financial managers is based on numbers that are different from what would seem to the corresponding numbers presented in the financial statements. This difference is not due to any kind of cooking the books or other attempts to mislead anyone. • Financial Analysis (graded) • In this discussion, we will be working with the variety of financial analysis tools available to us. Let's start with the DuPont Identity introduced in Chapter 2 of the text. For your initial post, locate the financial statements for two firms in one industry. FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 1 Problem Set FIN 515 Week 1 Quiz (New) • Chapter 1 • The Corporation • 1-1. What is the most important difference between a corporation and all other organizational forms? • 1-2. What does the phrase limited liability mean in a corporate context? • Question 1. • (TCO G) The lecture says that some ratios typically are better when they are higher and some of the ratios are better when they are lower. Pick a ratio for which a lower number typically would be preferred and describe a situation, in which a higher number for that ratio would be preferred, FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 1 Quiz FIN 515 Week 1-7 DQs • Question 1 • (TCO G) Which do you think provides a more valid measure of how a company is doing, comparison of current results with historical results or comparison of current results with the current results of another company? • FIN 515 Week 1 DQ 1 Accounting Versus Finance • FIN 515 Week 1 DQ 2 Financial Analysis • FIN 515 Week 2 DQ 1 TVM Pass-a-Problem • FIN 515 Week 2 DQ 2 Assumptions of the TVM Model • FIN 515 Week 3 DQ 1 Examples of Capital Expenditure From Your Industry FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 2 DQ 1 TVM Pass-a-Problem FIN 515 Week 2 DQ 2 Assumptions of the TVM Model • TVM Pass-a-Problem (graded) • • This week, the lecture provided some examples of TVM problem scenarios. For your first post, provide a story problem that can be solved using one or more of the TVM calculations. • • Your second post can be a description of how the problem posed by another student can be solved. Your professor may provide an example • Assumptions of the TVM Model (graded) • What are some of the assumptions behind the TVM calculations? How do these assumptions limit our application of these calculations? FIN 515 Week 2 DQ 1 TVM Pass-a-Problem FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 2 Problem Set FIN 515 Week 2 Quiz • 3.Calculate the future value of $2000 in • a. five years at an interest rate of 5% per year; • b. ten years at an interest rate of 5% per year; and • c. five years at an interest rate of 10% per year. • d. Why is the amount of interest earned in part (a) less than half the amount of interest earned in part (b)? • FIN 515 Week 2 Quiz • Question 1 • (TCO B) You are a trust fund baby. Your trust fund is currently worth $1,234,000. The problem is the terms of the trust don’t allow you to receive any of the money until you are 27. You are now 21. The fund is earning 7.7% per year. How much will the fund be worth when you are 27 and too old to enjoy it? FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 3 Course Project 1 (3 Papers) FIN 515 Week 3 DQ 1 Examples of Capital Expenditure From Your Industry • This Tutorial contains 3 Different Course Projects • First Course Project • The purpose of this project is to help you develop skills not only in performing the calculations behind financial analysis but interpreting the numbers as well. • You are to pick a company. You should pick one either from the industry in which you are currently working or an industry in which you are interested. • FIN 515 Week 3 DQ 1 Examples of Capital Expenditure From Your Industry (graded) • Describe a potential capital expenditure project from the industry in which you now work or an industry in which you are interested. What is the project? Describe and provide an approximate value of the initial cash flow. Describe and provide an approximate value of the annual cash flows. Provide an estimation of the life of the project, as well as the exit costs. FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 3 DQ 2 Capital Budgeting Terms and Considerations FIN 515 Week 3 Problem Set • Capital Budgeting Terms and Considerations • Our textbook and lecture discuss some considerations that should be taken into account when doing capital budgeting. How will these considerations affect the project you described in the other topic? Incremental earnings, interest expenses, taxes, opportunity costs, externalities, sunk costs, cannibalization or erosion, depreciation, and salvage value; as well as others. • Week 3 Problem Set • Your brother wants to borrow $10,000 from you. He has offered to pay you back $12,000 in a year. If the cost of capital of this investment opportunity is 10%, what is its NPV? Should you undertake the investment opportunity? Calculate the IRR and use it to determine the maximum deviation allowable in the cost of capital estimate to leave the decision unchanged. FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 3 Quiz FIN 515 Week 4 DQ 1 Market Value of a Stock Versus DDM Value • Company A has a beta of 2.77. Company B has a beta of .73. Company C has a beta of .90. The risk free rate is 6% and the market risk premium is 4%. What is the expected return of investing in Company B? • stock portfolio consists of only two stocks. You have $15,000 in Company A and $25,000 in Company B. Company A has an actual return of -8% and Company B has a return of 12%. What is the return on your portfolio? • Market Value of a Stock Versus DDM Value (graded) • Select a stock in which you are interested. Calculate its per share value using the DDM or another method discussed in Chapter 9. Then find the current market value of a share of the stock. Compare that two. Can you explain the similarity or difference FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 4 DQ 2 Differences in YTM of Real Life Bonds FIN 515 Week 4 Midterm • Differences in YTM of Real Life Bonds (graded • Do some research, probably on the Web, and find some bonds with differing yields to maturity (YTM). How do you explain the difference? Both the lecture and the textbook discuss some factors that may lead to this difference. • Question 1. • Question : • (TCO G) The firm's asset turnover measures • Question 2. • Question : • (TCO G) If Moon Corporation has an increase in sales, which of the following would result in no change in its EBIT margin? FIN 515 Week 4 DQ 2 Differences in YTM of Real Life Bonds FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 4 Problem Set FIN 515 Week 5 DQ 1 Calculating WACC for a Real Firm • Bonds-1. Interest on a certain issue of bonds is paid annually with a coupon rate of 8%. The bonds have a par value of $1,000. The yield to maturity is 9%. What is the current market piece of these bonds? The bonds will mature in 5 years. • Bonds-2. A certain bond has 12 years left to maturity. Interest is paid annually at a coupon rate of 10%. The bonds are currently selling for $850. What is their YTM? • Calculating WACC for a Real Firm (graded) • The Weighted Average Cost of Capital (WACC) for a firm can be calculated or found through research. Select two firms in the same industry. The industry may be that in which you currently work or it may be an industry in which you are interested. Calculate or find the WACC for the two firms. FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 5 DQ 2 Finding Stock Values for Real Stocks Using Beta and the SML FIN 515 Week 5 problem Set • Finding Stock Values for Real Stocks Using Beta and the SML (graded) • Our second discussion topic concerns the calculation of stock values using the Capital Asset Pricing Model (CAPM). We will start with a discussion of risk and work towards practical application of the model. The textbook provides a list of betas for a selection of stocks. • Chapter 10 (pages 345–348): • 4. • You bought a stock one year ago for $50 per share and sold it today for $55 per share. It paid a $1 per share dividend today. • a. What was your realized return? • b. How much of the return came from dividend yield and how much came from capital gain? FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 5 Quiz FIN 515 Week 6 Course Project 2 (2 Different Projects) • Question 1 • (TCO C) Company A has a beta of 2.77. Company B has a beta of .73. Company C has a beta of .90. The risk free rate is 6% and the market risk premium is 4%. What is the expected return of investing in Company B? Show your work. • Question 2. • This Tutorial contains 2 Different Course Projects • Second Project • The purpose of this project is for you to have some practice working with financial concepts in the real world. This will involve integrating some material from throughout the course. The project will also involve the development of your own approach to doing the work. FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 6 DQ 1 Examples of Real Agency Problems and How They Could Have Been Prevented FIN 515 Week 6 DQ 2 The Role of Financial Managers in Ethical Corporate Governance • Examples of Real Agency Problems and How They Could Have Been Prevented (graded) • Do some research and find some historical or current real life examples of agency problems. Will the measures discussed in the text help to prevent problems like your examples in the future? • The Role of Financial Managers in Ethical Corporate Governance (graded) • Does the financial manager have a greater responsibility or a lesser responsibility for maintaining ethical corporate governance? Why or why not? What is or will be your approach to ethical corporate governance now or in the future? FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 6 Problem Set FIN 515 Week 7 DQ 1 Industry Approaches to Working Capital Financing • Chapter 29 (pages 983-984): • 1.What inherent characteristic of corporations creates the need for a system of checks on manager behavior? • 2. What are some examples of agency problems? • 3.What are the advantages and disadvantages of the corporate organizational structure? • Industry Approaches to Working Capital Financing (graded) • Do some research on two firms in your industry or an industry in which you are interested. Can you get an idea of their working capital management policies from publicly available information? How do the two companies differ in their apparent working capital management policies? Which policy do you think is better and why? FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Week 7 DQ 2 Your Preference for Working Capital Management Policy FIN 515 Week 7 Problem Set • Your Preference for Working Capital Management Policy (graded) • Consider the company you work for or a company in which you are interested. Also, do some research to find some current cost estimates for various means of financing working capital. What would be your recommendation to the company for financing its working capital needs? • Chapter 26 (page 903): • 1. Answer the following questions: • a. What is the difference between a firm’s cash cycle and its operating cycle? • 2. How will a firm’s cash cycle be affected if a firm increases its inventory, all else being equal? • 2. How will a firm’s cash cycle be affected if a firm begins to take the discounts offered by its suppliers, all else being equal? FIN 515 Course Career Path Begins/fin515dotcom
FIN 515 Course Career Path Begins/fin515dotcom For More Tutorials www.fin515.com