Is the company financially on the right track? What are the areas of concern? What would be your advice to the company’s management as a team of financial advisors?

/in /by

FNCE 623 – Financial Management

Group project guideline

Objective:
The main objective of this group project is to apply the knowledge you acquired in the class to analyze the financial standing of real companies in Canada.

Tasks:
1) You should form a team of 4–5 students.
2) As a representative, one student from each team should send me an email and introduce team members.
3) Each team will be assigned a Canadian company from TSX Composite Index.
4) You need to evaluate the company’s financial standing using audited financial statements (which can be retrieved from www.sedar.com).
5) Each team should submit a written report (~2000 words) covering the following sections:
– Executive summary
– Introduction: Company’s background, competitors, Industry, Trends, etc.
– Ratio analysis: Calculate and analyze ratios for the company in each ratio category.
o Peer group analysis: Compare the company’s performance with the average of its industry (five big players in the industry)
o Time trend analysis: How the company has performed through time (past five years)

– Discussion: Is the company financially on the right track? What are the areas of concern? What would be your advice to the company’s management as a team of financial advisors?

– Contribution table: Specify each student has done which part (s) of the project.

Using the information provided, create accurate staffing, performance and operating budgets.

/in /by

Finance Question

Requirements: In order to successfully complete this project, you must meet the following criteria. Using the information provided, create accurate staffing, performance and operating budgets. You are required to use Microsoft Excel to complete the final product. You are required to use the most effective formulas in the spreadsheet program. Spreadsheets without correct and appropriate formulas are literally worthless and can cause financial losses for organizations. Therefore, spreadsheets without appropriate and correct formulas will receive a score of zero (0). The budgets should be formatted professionally. The spreadsheet should include columns and amounts for weekly and annual totals only for both individual employees (on the staffing budget) and grand totals, where appropriate.

Find companies that align with its skill; set where it can be a value-add and thought partner to the company’s founders, build a strong track record of investment. Develop an aggressive personal brand in a crowded industry.

/in /by

Pear’s Target – Homestake

  • Contribute a strong return to Pear.
  • Find companies that align with its skill; set where it can be a value-add and thought partner to the company’s founders, build a strong track record of investment.
  • Develop an aggressive personal brand in a crowded industry.

Calculate the current ” recent” Debt to Equity ratios. Compare your calculated ratios to the average of the chosen sector.

/in /by

Comparing between two stocks within the same sector in saudi market

Prince Sultan University

The purpose of this assignment is to familiarize the student with the different sources of funds that are commonly used in publicly traded companies in the Saudi Stock Market and to relate it to the agency theory.

* Choose any Two Stocks from the same sector in the Saudi stock market except banks or insurance co.

Perform the following:

  1. Calculate the current ” recent” Debt to Equity ratios.
  2. Compare your calculated ratios to the average of the chosen sector.
  3. Interpret your findings where you compare each stock with the sector average in the context of Debt- to- Equity ratios and leverage benefits to shareholders.

** Specific instructions:

  • Deadline to submit is: 22-02-2023 as a hard copy.
  • Show all your calculations.
  • All your submitted work should NOT exceed three pages without the data appendixes that should be included as well.
  • This assignment is a group work where you should form a group of maximum 4 students and a minimum of 3 students.

Evaluate the trends in total current assets as a percent (%) of total assets, total current liabilities as a percent (%) of total assets, long-term debt as percent (%) of total assets, and total shareholders’ equity as a percent (%) of total assets over the past 3 years.

/in /by

Financial Statement Analysis

For this assignment, address the following seven parts in a Word document:

Part 1: Overview of the company (one paragraph)

  • State the name of the company.
  • Provide a brief overview of the company you selected, including a description of its business operations.
  • State the current market price per share.

Part 2: Income statements (one to two paragraphs)

  • Summarize key trends in revenues, operating income, and net income over the last 3 years.

Part 3: Common size income statements (one paragraph)

  • Evaluate the trends in gross margin, operating income margin, and net profit margin over the past 3 years.

Part 4: Balance sheets (one to two paragraphs)

  • Summarize key trends in total assets, total current assets, total current liabilities, long-term debt, and total shareholders’ equity over the past 3 years.

Part 5: Common size balance sheets (one paragraph)

  • Evaluate the trends in total current assets as a percent (%) of total assets, total current liabilities as a percent (%) of total assets, long-term debt as percent (%) of total assets, and total shareholders’ equity as a percent (%) of total assets over the past 3 years.

Part 6: Cash flow (one paragraph)

  • Calculate simple cash flow for the past 3 years.
    • Show your calculations.
  • Summarize the trend in simple cash flow for the past 3 years.
  • Compare the simple cash flow to the net operating cash flow from the statement of cash flows for the past 3 years.

Part 7: Financial analysis conclusion: (one paragraph)

  • Determine the strengths and weaknesses of the company based primarily on the trends in items discussed from the income statements, balance sheets, common size income statements, and common size balance sheets, as well as the comments on cash flow.
  • Create a table that indicates whether each financial fact is a strength or a weakness.
  • Determine the overall financial strength of the company based on the financial facts included as strengths or weaknesses.
    • Categorize the overall financial performance of the company as strong, neutral, or weak.
    • Justify your conclusion based on the table you created.
    • The Section 1: Financial Statement Analysis
      Must be two to three double-spaced pages in length including any tables or calculations (but not including title and references pages) and formatted according to APA Style as outlined in the Writing Center’s APA Formatting for Microsoft Word.Must include a separate title page with the following:
    • Title of paper in bold font
    • Space should be between title and the rest of the information on the title page.
    • Student’s name
    • Name of institution (The University of Arizona Global Campus)
    • Course name and number
    • Instructor’s name
    • Due date
    • Must utilize academic voice.
    • Must include a separate references page that is formatted according to APA Style as outlined in the Writing Center.
    • Must cite where the financial statement information comes from (i.e., Mergent)

Describe your initial expectations relative to the reality of the service learning experience. What specific disciplinary skills (i.e. skills learned in your major or in the MCOB) have you used at your community site?

/in /by

Finance Question

You must post a 5-7 page Reflection Journal to Canvas under “#GEA1 Service Learning Experience” by the due date in the syllabus. This Journal should include your Preflection paper, the summary of your service hours, and two pictures of you performing the service at your service organization in an Appendix. Your Reflection should include what happened before, during, and after the Service Learning Experience. Each student will address the questions below.

Initial Expectations: Describe your initial expectations relative to the reality of the service learning experience.

Disciplinary Skills to Apply: What specific disciplinary skills (i.e. skills learned in your major or in the MCOB) have you used at your community site?

My Contribution: How did your contribution specifically supported the goals of the service organization and/or allowed you to make a difference in the community?

New Vision and Mission: Based on the knowledge gained in your service learning experience and concepts taught in this class on developing a mission and vision, draft a new and improved mission and vision statement for the organization. You should include not only the new mission and vision but also an appropriate rationale for the mission and vision including elements of the organization as well as required elements needed in a well written mission and vision statement.

Share, Feedback, and Revision: Share the new mission and vision statement you created with at least two other people capable of giving you feedback on the soundness of your new mission and vision (fellow student, volunteer, or nonprofit employee, etc.). After getting feedback from the first person, revise the mission and vision statements to accommodate the new ideas or suggestions. Do this again with the second person. Document the feedback received and how you revised the statements each time. In other words, you must complete two rounds of sharing and revising your mission and vision statement. Make sure you explain what advice you followed (and why) and what advice you felt didn’t warrant changes (and why).

Diversity Expansion: Based on your experience with the organization and in drafting the vision and mission explain how you might recommend that the organization expand the diversity of those it serves while achieving its mission. Identify diverse constituencies that might benefit from the organization’s services or with whom it could collaborate to extend its mission.

Ethical Dilemmas: Based on your service learning experience, what ethical dilemmas do you think can arise in non-profit organizations?

Ethical Leader Requirements: What is required to be a good ethical leader in a non-profit organization?

The website of the volunteering organization is: https://mealsonwheelsplus.org/

How can capital structure decisions affect the control of a firm? In other words, would the control issues impact your decisions on how to raise money for your company?

/in /by

FINC331 Week 7 Discussion Cash Collections

1. Consider cash collection items. How can a firm minimize this time and what are some of the costs? Do we worry about this as individuals as well? If so, how?

(Excellent presentation on Cash Management and various ways companies can increase cash collections.(Cash Management by Dr Chitkara) (PDF file of the article is posted in Content – Week 7 – Articles for Discussion Week 7.)

2. How can capital structure decisions affect the control of a firm? In other words, would the control issues impact your decisions on how to raise money for your company?

3. How can sales be used to develop pro forma financial statements?

(Excellent video on Proforma Financial Statements and Preparing a Statement of Cash Flows: https://www.youtube.com/watch?v=9GmekZcOwxQ)

Investigate whether the strategy would have performed similarly well when applied to allocating funds across different U.S. stocks only.

/in /by

Finance Question

In Lecture 4, we saw that the risk parity strategy would have performed very favorably in allocating funds across major asset classes, including bonds, stocks and commodities over the 1983-2014 sample. In this assignment, you will investigate whether the strategy would have performed similarly well when applied to allocating funds across different U.S. stocks only. Assume that the portfolio is rebalanced at the end of each month. To find risk parity portfolio weights, you will need estimates of the assets’ return variances for each of the rebalancing dates. These estimates will be computed based on a rolling window of past returns.

What do you think about digital currency? Explain. What will happen to crypto market? Predict and explain.

/in /by

INTERNATIONAL FINANCE

Read the following articles:

  1. https://www.wsj.com/podcasts/google-news-update/why-banks-are-breaking-up-with-crypto/55cd1b98-4cbd-4c52-80a2-f5fd55e000d5?page=1https://www.wsj.com/podcasts/google-news-update/why-banks-are-breaking-up-with-crypto/55cd1b98-4cbd-4c52-80a2-f5fd55e000d5?page=1Links to an external site.
  2. https://www.wsj.com/articles/a-digital-dollar-would-empower-the-fed-not-americans-currency-cbdc-transactions-central-bank-money-11675807545?mod=article_inlinehttps://www.wsj.com/articles/a-digital-dollar-would-empower-the-fed-not-americans-currency-cbdc-transactions-central-bank-money-11675807545?mod=article_inlineLinks to an external site.

Answer the following questions with 500 words use APA format.

  1. What do you think about digital currency? Explain.
  2. What will happen to crypto market? Predict and explain.

What is an opportunity cost rate? How is this rate used in discounted cash flow analysis, and where is it shown on a time line? Is the opportunity rate a single number that is used to evaluate all potential investments?

/in /by

Financial task

Questions

(4-1)Define each of the following terms:

  • PV; I; INT; FVN; PVAN; FVAN; PMT; M; INOM
  • Opportunity cost rate
  • Annuity; lump-sum payment; cash flow; uneven cash flow stream
  • Ordinary (or deferred) annuity; annuity due
  • Perpetuity; consol
  • Outflow; inflow; time line; terminal value
  • Compounding; discounting
  • Annual, semiannual, quarterly, monthly, and daily compounding
  • Effective annual rate (EAR or EFF%); nominal (quoted) interest rate; APR; periodic rate
  • Amortization schedule; principal versus interest component of a payment; amortized loan

 

(4-2)What is an opportunity cost rate? How is this rate used in discounted cash flow analysis, and where is it shown on a time line? Is the opportunity rate a single number that is used to evaluate all potential investments?

 

(4-3)An annuity is defined as a series of payments of a fixed amount for a specific number of periods. Thus, $100 a year for 10 years is an annuity, but $100 in Year 1, $200 in Year 2, and $400 in Years 3 through 10 does not constitute an annuity. However, the entire series does contain an annuity. Is this statement true or false?

 

(4-4)If a firm’s earnings per share grew from $1 to $2 over a 10-year period, the total growth would be 100%, but the annual growth rate would be less than 10%. True or false? Explain.

 

(4-5)Would you rather have a savings account that pays 5% interest compounded semiannually or one that pays 5% interest compounded daily? Explain.

 

 

(5-1)Define each of the following terms:

  • Bond; Treasury bond; corporate bond; municipal bond; foreign bond
  • Par value; maturity date; coupon payment; coupon interest rate
  • Floating-rate bond; zero coupon bond; original issue discount bond (OID)
  • Call provision; redeemable bond; sinking fund
  • Convertible bond; warrant; income bond; indexed bond (also called a purchasing power bond)
  • Premium bond; discount bond
  • Current yield (on a bond); yield to maturity (YTM); yield to call (YTC)
  • Indentures; mortgage bond; debenture; subordinated debenture
  • Development bond; municipal bond insurance; junk bond; investment-grade bond
  • Real risk-free rate of interest, r*; nominal risk-free rate of interest, rRF
  • Inflation premium (IP); default risk premium (DRP); liquidity; liquidity premium (LP)
  • Interest rate risk; maturity risk premium (MRP); reinvestment rate risk
  • Term structure of interest rates; yield curve
  • “Normal” yield curve; inverted (“abnormal”) yield curve

 

(5-2)“Short-term interest rates are more volatile than long-term interest rates, so short-term bond prices are more sensitive to interest rate changes than are long-term bond prices.” Is this statement true or false? Explain.

 

(5-3)The rate of return on a bond held to its maturity date is called the bond’s yield to maturity. If interest rates in the economy rise after a bond has been issued, what will happen to the bond’s price and to its YTM? Does the length of time to maturity affect the extent to which a given change in interest rates will affect the bond’s price? Why or why not?

 

(5-4)If you buy a callable bond and interest rates decline, will the value of your bond rise by as much as it would have risen if the bond had not been callable? Explain.

 

(5-5)A sinking fund can be set up in one of two ways. Discuss the advantages and disadvantages of each procedure from the viewpoint of both the firm and its bondholders.