Monthly Archives: March 2016

FIN 534 Homework Set 1

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Use the following information for Questions 1 through 8:

Assume that you recently graduated and have just reported to work as an investment advisor at the one of the firms on Wall Street. You have been presented and asked to review the following Income Statement and Balance Sheets of one of the firm’s clients. Your boss has developed the following set of questions you must answer.

 

Income Statements and Balance Sheet 

Balance Sheet

2012 2013
Cash $9,000 $7,282
Short-term investments 48,600 20,000
Accounts receivable 351,200 632,160
Inventories 715,200 1,287,360
Total current assets $1,124,000 $1,946,802
Gross fixed assets 491,000 1,202,950
Less: Accumulated depreciation 146,200 263,160
Net fixed assets $344,800 $939,790
Total assets $1,468,800 $2,886,592
Liabilities and Equity
Accounts payable $145,600 $324,000
Notes payable 200,000 720,000
Accruals 136,000 284,960
Total current liabilities $481,600 $1,328,960
Long-term debt 323,432 1,000,000
Common stock (100,000 shares) 460,000 460,000
Retained earnings 203,768 97,632
Total equity $663,768 $557,632
Total liabilities and equity $1,468,800 $2,886,592

 

Income Statements 2012 2013 

 

Sales $3,432,000 $5,834,400
Cost of goods sold except depr. 2,864,000 4,980,000
Depreciation and amortization 18,900 116,960
Other expenses 340,000 720,000
Total operating costs $3,222,900 $5,816,960
EBIT $209,100 $17,440
Interest expense 62,500 176,000
EBT $146,600 ($158,560)
Taxes (40%) 58,640 -63,424
Net income $87,960 ($95,136)
Other Data 2012 2013
Stock price $8.50 $6.00
Shares outstanding 100,000 100,000
EPS $0.88 ($0.95)
DPS $0.22 0.11
Tax rate 40% 40%
Book value per share $6.64 $5.58
Lease payments $40,000 $40,000

 

 

Ratio Analysis 2012 2013 
Current 2.3 1.5
Quick 0.8 0.5
Inventory turnover 4 4
Days sales outstanding 37.3 39.6
Fixed assets turnover 10 6.2
Total assets turnover 2.3 2
Debt ratio 35.60% 59.60%
Liabilities-to-assets ratio 54.80% 80.70%
TIE 3.3 0.1
EBITDA coverage 2.6 0.8
Profit margin 2.60% −1.6%
Basic earning power 14.20% 0.60%
ROA 6.00% −3.3%
ROE 13.30% −17.1%
Price/Earnings (P/E) 9.7 −6.3
Price/Cash flow 8 27.5
Market/Book 1.3 1.1

 

 

  1. What is the free cash flow for 2013?

 

  1. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow?

 

  1. Calculate the 2013 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013?

 



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FIN 534 Homework Set 2

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Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in the course shell.

 

Assume that you are nearing graduation and have applied for a job with a local bank. The bank’s evaluation process requires you to take an examination that covers several financial analysis techniques.

 

Use the following information for Questions 1 through 2:

  1. What is the present value of the following uneven cash flow stream −$50, $100, $75, and $50 at the end of Years 0 through 3? The appropriate interest rate is 10%, compounded annually.

 

  1. Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463%, with interest added (compounded) daily. How much will you have in your account on October 1, or 9 months later?

 

Use the following information for Questions 3 and 4:

A firm issues a 10-year, $1,000 par value bond with a 10% annual coupon and a required rate of return is 10%.



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ACC 578 Assignment 2 – Fraud Risk Assessment

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In your role as a corporate controller at Dingwow Inc., you have been charged by senior management with assessing the company’s risk exposure to fraud and techniques that could be implemented to detect fraud.

Using the Internet or Strayer databases, research risks associated with fraud, effective techniques that could be used to prevent or detect fraud, and the roles and responsibilities within the organization for preventing and detecting fraud.

Write a three to four (3-4) page paper in which you:

  1. Determine the types of exposure to fraud that the company could be exposed to and the related consequences to the organization. Provide a rationale for your response.
  2. Evaluate tools and techniques that are the most ……..


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ACC 578 Assignment 3 – Financial Statement Fraud

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You have been hired by the Securities and Exchange Commission (SEC) as a fraud prevention and detection expert. The position you were hired for is to provide training to SEC employees on lessons learned from financial statement fraud.

 

Using the Internet or Strayer databases, research at least two major fraud cases that were a result of financial statement fraud.

 

Write a four to six (4-6) page paper in which you:

  1. Assess the culture of the organizations that you researched, analyzing the corporate culture or “tone at the top”.
  2. Assess the causes of the financial statement fraud(s) and the effectiveness of fraud prevention and detection at those companies based on the research you conducted. Provide support for your assessment.


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ACC 578 Assignment 4 – Fraud Prevention and Detection Plan

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You went back to your corporate controllership position with Dingwow Inc. Senior Management has assigned you as the team lead to develop a fraud prevention and detection plan for the company.

Use the Internet, Strayer databases, or your text, to research the key elements of a fraud prevention and detection program, and prepare a plan.

Write a seven to eight (7-8) page paper in which you:

  1. Evaluate the key elements that should be included in the plan, including a justification as to how the element is likely to protect corporate assets and minimize risk based on your research.
  2. Create an argument to be presented to the senior leadership in support of a fraud prevention and detection plan, indicating the consequences of failure to implement the plan. Provide support for your argument.


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BUS 302 Assignment 1 – Innovation from Google’s Free Food Strategy

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Google is widely known for its workplace creativity and innovation within the technology field. Its search engine is the most extensively used search tool in the world, its data analytics are revolutionary, and it continues to raise the bar for innovation and design with Google Glass, smart watches, and mobile phones. Google has been featured in dozens of technology and business magazines.

 

Additionally, Fortune Magazine’s list of the “Best Companies to Work For 2014” has ranked Google number one (#1). This ranking is largely due to employee benefits such as free meals, dry cleaning services, video games, massage therapy, in-door gyms, shuttle services, and affordable daycare services for employees.

In addition to your textbook, review the following articles and videos about Google’s work culture in preparation for this assignment:

Write a four to six (4-6) page paper in which you:

  1. Briefly describe Google, its mission, and its business model.
  2. Analyze the types of people that work at Google, with respect to the business culture of the organization. Indicate one to two (1-2) qualities that define a leader at Google, and determine the typical background of a Google employee.
  3. Identify two (2) examples of services or amenities that Google provides to its employees, interns, partners, and visitors. Next, examine two to three (2-3) ways in which such free services and amenities create an organizational culture that fosters creativity and innovation.


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BUS 302 Assignment 2 – 21st Century Leadership

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The 20th and 21st centuries have produced many business leaders, such as corporate giants like Jack Welch of GE, Daymond John of FUBU, Steve Jobs of Apple, and Herb Kelleher of Southwest. In addition, many hip-hop moguls have risen to prominence, such as Sean Combs, aka P Diddy, of Bad Boy Records; Russell Simmons, founder of Def Jam; and Sean Carter, aka Jay Z, of Rock Nation.

Regardless of their business models and industries, organizational leaders are expected to create realistic visions for their companies and the people that they guide. However, such visions often result in vastly different leadership styles. Therefore, experts have concluded that there is no one best leadership style geared towards guiding employees and companies to accomplishing organizational goals.

Using the Internet and Strayer databases, research your favorite senior executive (CEO, CFO, COO, Director, President, Founder, etc.) from any organization that has made a strong impact on his or her industry (fashion, music, food, banking, technology, automotive, etc.).

Write a six to eight (6-8) page paper in which you:

  1. Describe the overall leadership style(s) of your chosen senior executive.
  2. Analyze the organizational structure and culture of the company your chosen executive has led, or is currently leading, and determine the company’s approach to human capital management and employee development. Next, explain whether or not you believe your chosen senior executive’s leadership approach has enhanced workplace productivity and the shared vision of the organization. Provide one to two (1-2) examples of your chosen senior executive’s actions to support your response.


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BUS 302 Assignment 3 – Presentation of Leadership and Management Strategy

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In this assignment, you will present what you have learned about leadership and management from this course. Combine your research from Assignment 1 and Assignment 2 into a PowerPoint presentation that focuses on best practices in organizational leadership. Your presentation should highlight at least two (2) different business leaders and describe their business and philosophy. Your presentation should also include examples of leadership characteristics, traits, and behaviors of the chosen leaders. Your presentation should be detailed enough that it could provide new leaders with strategies to help them develop their own leadership and management styles.

 

In addition to your textbook, review the following optional articles and videos that detail creating a PowerPoint presentation for this assignment:

 

 “Create your first PowerPoint 2013 presentation” by Microsoft, located at

http://office.microsoft.com/en-us/support/create-your-first-powerpoint-2013-presentation-

RZ102925085.aspx?CTT=5&origin=HA102809627

 

 “Top Ten Slide Tips” by Garr Reynolds, located at http://www.garrreynolds.com/preso-tips/design/

 

 “Top 10 Best Practices When Using PowerPoint for Presentations” (22 min 57 s). Video Source:

DNN Corp. (2012, April 9). Top 10 Best Practices When Using PowerPoint for Presentations

[Video file]. Retrieved from https://www.youtube.com/watch?v=rtygW25vj_I

 

Create a nine to twelve (9-12) slide presentation in which you:

 

Develop a PowerPoint presentation in which you focus on overall best practices in organizational leadership.

  1. Choose two (2) different business leaders that you learned about from the previous two assignments, and describe two to three (2-3) fundamental aspects of each of their most important business philosophies. Provide one to two (1-2) examples of the application of such philosophies to support your response.
  2. Identify three to four (3-4) characteristics, three to four (3-4) traits, and three to four (3-4) behaviors that have made each of them successful leaders.
  3. Provide both a title slide (see the formatting requirements below) and an introductory slide to your presentation.


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BUS 303 (Ashford) Complete Class

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WEEK 1

DQ 1: HR and Management
DQ 2: SWOT Environmental Scanning

 

WEEK 2
DQ 1: HR Planning Process
DQ 2: Employee Selection Methods
Assignment: Job Description Paper
The primary function of the job description paper is to increase understanding of your current, or a prospective, position. The following areas of the job description should be considered:

  • Tasks,
  • Tools and Technology,
  • Knowledge,
  • Skills and Abilities,
  • Educational Requirements.

Further details are hidden…

 

WEEK 3

DQ 1: Performance Management
DQ 2: Compensation and Benefits

Assignment: Performance Appraisal Assignment 

 

Write a paper describing how effective performance appraisals can increase employee performance. This paper should include sections on the strategic advantages of performance appraisals, potential forms of bias ……

Further details are hidden…

 

WEEK 4

DQ 1: Training Costs
DQ 2: Training and Career Development

 

WEEK 5

DQ 1: Global HRM
DQ 2: The Future of HRM
Assignments: Reflective Paper

To complete this assignment, go to this week’s Reflective Paper link in the left navigation:

The Reflective Paper should demonstrate understanding of the reading assignments as well as the implications of new knowledge. The eight-page paper should integrate readings and class discussions into work and life experience. It may include explanation and examples from previous experience as well as implications for future application.
The purpose of the Reflective Paper is for you to culminate the learning achieved in the course by describing your understanding and application of knowledge in the field of human resource management.
Focus of the Reflective Paper
The primary function of human resource management is to increase the effectiveness and contribution of …..



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BUS 310 Assignment 1 – HR Management

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Imagine you are the HR manager at a company, and an employee came to you upset because she felt a male co-worker had sexually harassed her by repeatedly asking her out on dates even after she said “no.” What would you do?

Write a one (1) page paper in which you:

  1. Formulate the conversation you would have with the employee, based the concepts found in Chapter 2 in your textbook.


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