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UOP FIN571 all week assignments and team reflection and final [ no week 5 assignment ]




Question;Watchthe "Your Business Structure" and "Corporate Business Structures" videos on the Electronics Reserve Readings page.Identifythe different business structures.Writea 350 to 700 word explanation of how each business structure might and might not be advantageous.Clickthe Assignment Files tab to submit your assignment.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?Respectfully,John OwnerClickthe Assignment Files tab to submit your assignment.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.Write a 500 to 750 word summary of your analysis.Show financial calculations where appropriate.Click the Assignment Files tab to submit your assignment.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).Usingthe sample financial statements, create pro forma statements of five year projectionsthat 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.Writea 350 - 700 word analysis of the company's short term and long term financing needs and determine strategies for the company to manage working capital.Click the Assignment Files tab to submit your assignment.Resources:Harvard Business Publishing: Working Capital Simulation: Managing Growth AssignmentCh. 1 - 21 ofFundamentals of Corporate FinanceWileyPLUS AssignmentsAll additional resources from each weekReviewthe 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. 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.You 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 credit as you balance the desire for growth with the need for maintaining liquidity.Sign-in to the simulation and review each of the following:Welcome StatementHow to PlayTerminology PrimerMore Details (this includes information to help you understand how to play the simulation)Write a paper of no more than 1,400 words that analyzes your decisions during each phase (1-3) and how they influenced each of the following final outcomes (metrics) of SNC:SalesEBITNet IncomeFree Cash FlowTotal Firm ValueAddress the following in your paper:A summary of your decisions and why you made themHow they affected SNC's working capitalWhat general effects are associated with limited access to financingInclude scholarly references (in addition to your course textbook and simulation materials) to support your positions.Format your paper consistent with APA guidelines.Click the Assignment Files tab to submit your assignment.Readthe Ethics case, "A Sad Tale: The Demise of Arthur Anderson" located in the WileyPLUS Week Fundamentals of Corporate Finance Chapter readings.Discussthe mistakes made by Arthur Anderson and potential actions that leadership could have taken to prevent the organizational failure.Writea 350- to 700-word summary of your discussion.Click the Assignment Files tab to submit your assignment.Watch the "Concept Review Video: Working Capital Management" video located in theWileyPLUS Assignment: Week 3 Videos Activity.Discussstrategies these business owners used to manage their working capital.Write a 350-700 word summary of your discussion.Clickthe Assignment Files tab to submit your assignment.Watchthe "Concept Review Video: Stock Valuation" video located in the WileyPLUS Assignment: Week 4 Videos Activity.Discusshow markets and investors value a stock.Writea 350-700 word summary of your discussion.Clickthe Assignment Files tab to submit your assignment.Watchthe "Concept Review Video: Cost of Capital" video located in the WileyPLUS Assignment: Week 5 Videos Activity.Discusssome of the corporate finance challenges faced by this company.Writea 350-700 word summary of your discussion.Clickthe Assignment Files tab to submit your assignment.Watchthe "Corporate Finance Video: Stable Money Makers" located in the WileyPLUS Assignment: Week 6 Videos Activity.="4">Identifya capital improvement that could help Betty with her Alpaca business.Writea 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.Multiple Choice Question 51Which of the following is considered a hybrid organizational form?partnershipsole proprietorshipcorporationlimited liability partnershipMultiple Choice Question 59Which of the following is a principal within the agency relationship?the board of directorsa shareholdera company engineerthe CEO of the firmMultiple Choice Question 57Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?$2,303,010$2,123,612$803,010$1,844,022Multiple Choice Question 78Which of the following presents a summary of the changes in a firm?s balance sheet from the beginning of an accounting period to the end of that accounting period?The statement of working capital.The statement of retained earnings.The statement of cash flows.The statement of net worth.Multiple Choice Question 63Efficiency ratio: Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?57.9 days65.2 days61.7 days64.3 daysMultiple Choice Question 70Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?1.741.470.600Multiple Choice Question 84Which of the following is not a method of ?benchmarking??Evaluating a single firm?s performance over time.Utilize the DuPont system to analyze a firm?s performance.Conduct an industry group analysis.Identify a group of firms that compete with the company being analyzed.Multiple Choice Question 67Present value: Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.)$22,680$26,454$16,670$19,444Multiple Choice Question 62PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. Their scheduled payments, starting at the end of the year are as follows?$450,000, $560,000, $750,000, $875,000, and $1,000,000. What is the present value of these payments? (Round to the nearest dollar.)$2,431,224$2,815,885$2,735,200$2,615,432Multiple Choice Question 64PV of multiple cash flows: Ajax Corp. is expecting the following cash flows?$79,000, $112,000, $164,000, $84,000, and $242,000?over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)$480,906$477,235$429,560$414,322Multiple Choice Question 72Future value of an annuity: Jayadev Athreya has started on his first job. He plans to start saving for retirement early. He will invest $5,000 at the end of each year for the next 45 years in a fund that will earn a return of 10 percent. How much will Jayadev have at the end of 45 years? (Round to the nearest dollar.)$1,745,600$2,667,904$3,594,524$5,233,442Multiple Choice Question 57Serox stock was selling for $20 two years ago. The stock sold for $25 one year ago, and it is currently selling for $28. Serox pays a $1.10 dividend per year. What was the rate of return for owning Serox in the most recent year? (Round to the nearest percent.)40%12%16%32%Multiple Choice Question 62Bond price:Regatta, Inc., has six-year bonds outstanding that pay a 8.25 percent coupon rate. Investors buying the bond today can expect to earn a yield to maturity of 6.875 percent. What should the company's bonds be priced at today? Assume annual coupon payments. (Round to the nearest dollar.)$972$1,066$923$1,014Multiple Choice Question 57PV of dividends:Next year Jenkins Traders will pay a dividend of $3.00. It expects to increase its dividend by $0.25 in each of the following three years. If their required rate of return is 14 percent, what is the present value of their dividends over the next four years?$13.50$9.72$12.50$11.63Multiple Choice Question 79Capital rationing.TuleTime Comics is considering a new show that will generate annual cash flows of $100,000 into the infinite future. If the initial outlay for such a production is $1,500,000 and the appropriate discount rate is 6 percent for the cash flows, then what is the profitability index for the project?0.111.900.901.11Multiple Choice Question 88What decision criteria should managers use in selecting projects when there is not enough capital to invest in all available positive NPV projects?The modified internal rate of return.The discounted payback.The profitability index.The internal rate of return.ultiple Choice Question 60How firms estimate their cost of capital: The WACC for a firm is 13.00 percent. You know that the firm's cost of debt capital is 10 percent and the cost of equity capital is 20%. What proportion of the firm is financed with debt?33%70%50%30%ultiple Choice Question 68The cost of equity: Gangland Water Guns, Inc., is expected to pay a dividend of $2.10 one year from today. If the firm's growth in dividends is expected to remain at a flat 3 percent forever, then what is the cost of equity capital for Gangland if the price of its common shares is currently $17.50?15.36%15.00%14.65%12.00%Multiple Choice Question 85If a company's weighted average cost of capital is less than the required return on equity, then the firm:Is perceived to be safeHas debt in its capital structureMust have preferred stock in its capital structureIs financed with more than 50% debtMultiple Choice Question 32A firm's capital structure is the mix of financial securities used to finance its activities and can include all of the following exceptstock.bonds.equity options.preferred stock.Multiple Choice Question 54M&M Proposition 1: Dynamo Corp. produces annual cash flows of $150 and is expected to exist forever. The company is currently financed with 75 percent equity and 25 percent debt. Your analysis tells you that the appropriate discount rates are 10 percent for the cash flows, and 7 percent for the debt. You currently own 10 percent of the stock.If Dynamo wishes to change its capital structure from 75 percent to 60 percent equity and use the debt proceeds to pay a special dividend to shareholders, how much debt should they issue?$600$225$375$321Multiple Choice Question 69Multiple Analysis:Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Turnbull has an enterprise value/EBITDA multiple of 5.40.What is the enterprise value of Turnbull Corp.? Round to the nearest million dollars.$1,334 million$1,315 million$453.6 million$1,787 millionultiple Choice Question 86External financing needed: Jockey Company has total assets worth $4,417,665. At year-end it will have net income of $2,771,342 and pay out 60 percent as dividends. If the firm wants no external financing, what is the growth rate it can support?27.3%32.9%.1%30.3%Multiple Choice Question 46Which of the following cannot be engaged in managing the business?a general partnera limited partnera sole proprietornone of theseMultiple Choice Question 80Which of the following does maximizing shareholder wealth not usually account for?Government regulation.The timing of cash flows.Amount of Cash flows.Risk.Multiple Choice Question 41The strategic plan does NOT identifyworking capital strategies.the lines of business a firm will compete in.major areas of investment in real assets.future mergers, alliances, and divestitures.Multiple Choice Question 67Firms that achieve higher growth rates without seeking external financingare highly leveraged.none of these.have less equity and/or are able to generate high net income leading to a high ROE.have a low plowback ratio.Multiple Choice Question 75Payout and retention ratio: Drekker, Inc., has revenues of $312,766, costs of $220,222, interest payment of $31,477, and a tax rate of 34 percent. It paid dividends of $34,125 to shareholders. Find the firm's dividend payout ratio and retention ratio.85%, 15%45%, 55%55%, 45%15%, 85%Multiple Choice Question 30The cash conversion cyclebegins when the firm invests cash to purchase the raw materials that would be used to produce the goods that the firm manufactures.shows how long the firm keeps its inventory before selling it.begins when the firm uses its cash to purchase raw materials and ends when the firm collects cash payments on its credit sales.estimates how long it takes on average for the firm to collect its outstanding accounts receivable balance.Multiple Choice Question 58You are provided the following working capital information for the Ridge Company:Ridge CompanyAccount$Inventory$12,890Accounts receivable12,800Accounts payable12,670Net sales$124,589Cost of goods sold99,630Cash conversion cycle: What is the cash conversion cycle for Ridge Company?129.9 days83.5 days38.3 days46.4 days="color:>


Paper#49126 | Written in 18-Jul-2015

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