Write a report for senior managers on how they could improve the company’s financial performance and achieve the primary business goals, such as profit and shareholders’ wealth maximization.

The business & financial environment.
Paper , Order, or Assignment Requirements

Consider a newly-listed company of interest to you and using the 2009/2010 annual accounting reports describe its business and financial environment. Subsequently, critically discuss the following topics:
a) Write a report for senior managers on how they could improve the company’s financial performance and achieve the primary business goals, such as profit and shareholders’ wealth maximization.
b) Analyze the sources of finance and the capital structure of the company. Comment on the short- and long- term financial strategy of the company.
c) Write a report detailing the factors contributing to the selection of the dividend policy of the company. Make recommendations on the decision-making process and the range of influences considered.
d) Investigate the capital investment process of the company. Consider areas for improvement.
e) Comment on the risk exposure and the risk-return profile of the company. Analyze the implications and provide recommendations in your report.
f) Write a report to explain the benefits gained from getting listed in the sock market and compare the financial positions of the company before and after the flotation.
g) Evaluate the business strategies of the company.
h) If the company has acquired or merged with another company, analyze the acquisition / merger motives, process, planning and integration.Make recommendations for improvement should any future acquisition / mergers be contemplated. If not, then you may use another company to discuss the issues set above.
i)Analyze the executive incentives of the company.
j) In what ways could the company take steps to ensure greater efficiency of the stock market pricing of its shares?

 

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What price (p) maximizes total contribution (TC)?

Accounting Excel
Paper , Order, or Assignment Requirements

Demand and Revenue Management
Name ______________________
READ “DRM_Week3_ONLINE_Notes.doc” in this same folder.
ANSWER the questions and e-mail to me by end-of-day 10/8/2017. (Late submissions will be penalized.)
RENAME this file as “lastname_firstname_Week_3and5.doc” but with your name, of course!
NOTE: This assignment mostly covers material from Chapters 2-3 of PRO and Chapters 3-5 of DM, but may use concepts from earlier material as well.
This is a Word document, so just add space as needed between questions, but leave the original questions!
If you have any doubt, show work or explain for partial credit, or else the answers will be graded as “all or nothing”.
Hint: Clever use of Excel might make some answers much easier to answer!
Challenging “Bonus” questions are included to help you earn extra points!
Maximum of 100 points on assignment
Tactical Questions:
1. (10 pts total) Chapter 2, Problem 1 on page 36 of PRO (“Brain and Company…”)
a. (5pt) see text
b. (5pt) see text
2. (10-15 pts total) If price elasticity of demand (ϵ) is 3,
a. (5pt) How does demand change if the price is increased 1%
b. (5pt) How does demand change if the price is decreased 5%
c. BONUS (5pt) How does demand change if the price is decreased 50%
3. (15-20 pts total) The Basic PRO Problem. Dizzy Toys © has created a new toy, RoboWoman™, loved by girls and boys alike, that costs $5 to make. They are not sure what price they should charge for this awesome new toy, but they want to maximize profits. Initial market research has hinted at a linear PRF of d(p)=14000-700p.
HINT: See slides 59-60 of Week 3 ONLINE slides!
a. (5 pts) What price (p) maximizes total contribution (TC)?
b. (5 pts) What is the demand at the optimal price (p*)?
c. (5 pts) What is the TC at p*?
d. BONUS (5 pts) What is the satiating price (P)?
4. (20-30 pts total) Pricing with Competition: The Multinomial Logit (MNL). Consider Example 3.7 on page 57 of PRO. It is relatively easy for a company to change its price, but difficult to change its price elasticity since this is based on factors such as brand reputation and customer loyalty. Re-create the chart from the example in Excel using Equation 3.13 (Note that I divided price by 1000 to keep the numbers reasonable and prevent rounding errors in Excel). You should get a result like this:
Model Price bj e^(-bipi/1000) Market Share (μi(p))
Audio Two 400 2.5 0.368 30.8%
Koshiba 650 3.077 0.135 11.3%
Takata and Fuji 500 2.4 0.301 25.3%
Soundmaster 750 2.4 0.165 13.9%
Cacophonia 1200 1.25 0.223 18.7%
1.193 100.0%
Assuming elasticity (bj) does not change (which is of course a BIG assumption for a large price change!), what is Takata and Fuji’s market share if it…
a. (5pt) decreases its price to $400?
b. (5pt) increases the price to $625?
c. (10pt) At $400, Takata and Fuji is at the same price point as Audio Two. Assuming their costs are exactly the same, which company is in the “better” position? Why? (Hint: Use more than just the market share to explain!)
d. BONUS (10pts) If it costs $350 to make an item (and elasticities don’t change), find the price that maximizes Takata and Fuji’s Total Contribution.
5. (20-30 pts total) The Logit Price-Response Function. (Based on Problem 3 on page 70 of PRO) An auto manufacturer can manufacture compact cars for an incremental cost of $5,000 apiece. She faces a logit price-response function for sales in the next month (see equation 3.11 on page 53), with parameters C=40,000, b=0.0005, and market price ṕ=$12,000.
a. (5) Keeping the price as variable p, what is the unit margin (contribution) from each additional sale?
b. (5) What is the price-response function, d(p), for this manufacturer?
c. (5) At a price of $10,000, what is the demand?
d. (5) Roughly, what is the shape of the willingness-to-pay distribution?
e. BONUS (5 pts) What price maximizes Total Contribution?
f. BONUS (5 pts) What price maximizes Revenue?
Strategy Questions:
g. (10 pts total) Accurate demand plans are crucial for a company. They are used by Finance to predict revenues and cash flows. They are used by Operations to help determine long-term capacity and short-term scheduling. How can Sales and Marketing (the organization that should be in charge of forming the demand plan) be held accountable for:
h. (5pts) Underestimating the demand
i. (5pts) Overestimating the demand
6. (5 pts) Explain the roles of demand plan “dashboards” and the benefits they offer.
7. (10 pts) What is the goal of “demand management” and “integrated business management”? What 4 repeating steps are used to execute a “proper” DM process?

 

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Calculate the cash flows if the company uses forward contracts to hedge its CHF exposures.

Business Finance – Accounting
Paper , Order, or Assignment Requirements

Purchase of goods CHF230,000 to pay in 3 months
Purchase of goods CHF300,000 to pay in 6 months
Sales of goods CHF500,000 to receive in 6 months
Purchase of goods EUR560,000 to pay in 3 months
Purchase of goods EUR250,000 to pay in 6 months
Sales of goods EUR470,000 to receive in 6 months

Given the following market data:

Exchange rate quotes from bank:
GBP/CHF GBP/EUR
Bid – Ask Bid – Ask
Spot 1.7725 – 1.7735 Spot 1.1698 – 1.1708
3-m fwd 44/32 discount. 3-m fwd 41/50 premium
6-m fwd 92/80 discount 6-m fwd 98/107 premium

Interest rates Borrowing Deposit
GBP 5% 3.5 %
CHF 3% 2%
EUR 6% 4%

a. Calculate the cash flows if the company uses forward contracts to hedge its CHF exposures.
b. Calculate the cash flows if the company uses forward contracts to hedge its EUR exposures.
c. Calculate the cash flows if the company uses money market hedging technique to hedge its CHF exposures.
d. Calculate the cash flows if the company uses money market hedging technique to hedge its EUR exposures.
e. Summarise the results of the calculations above make recommendations in a way that helps the company’s executives to make a quick hedging decision for each transaction.

 

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calculate each projects net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR), and profitability index (PI).

Business Finance – Accounting
Paper , Order, or Assignment Requirements

You are a financial analyst for the Brittle Company. The director of capital budgeting has asked you to analyze two proposed capital investments: Projects X and Y. Each project has a cost of $10,000, and the cost of capital for each is 12%. The projects expected net cash flows are shown in the table below.
Expected Net Cash Flows
Year Project X Project Y
0 $10,000 $10,000
1- 6,500 3,500
2- 3,000 3,500
3- 3,000 3,500
4- 1,000 3,500
a. Use the Homework Student Workbook to calculate each projects net present value (NPV), internal rate of return (IRR), modified internal rate of return (MIRR), and profitability index (PI).
b.Which project or projects should be accepted if they are independent?
c.Which project or projects should be accepted if they are mutually exclusive?

 

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Prepare a detailed multi-step income statement

Business Finance – Accounting
Paper , Order, or Assignment Requirements

Scenario: An inexperienced accountant prepared this condensed income statement for Simon Company, a retail firm that has been in business for a number of years.
SIMON COMPANY
Income Statement
For the Year Ended December 31, 2017
Revenues
Net sales
$850,000
Other revenues
22,000
872,000
Cost of goods sold
555,000
Gross profit
317,000
Operating expenses
Selling expenses
109,000
Administrative expenses
103,000
212,000
Net earnings
$105,000
As an experienced, knowledgeable accountant, you review the statement and determine the following facts:
1. Net sales consist of: sales $911,000, less freight-out on merchandise sold $33,000, and sales returns and allowances $28,000.
2. Other revenues consist of sales discounts $18,000 and rent revenue $4,000.
3. Selling expenses consist of salespersons’ salaries $80,000, depreciation on equipment $10,000, advertising $13,000, and sales commissions $6,000. The commissions represent commissions paid. At December 21, $3,000 of commissions have been earned by salespersons but have not been paid. All compensation should be recorded as Salaries and Wages Expense.
4. Administrative expenses consist of office salaries $47,000, dividends $18,000, utilities $12,000, interest expense $2,000, and rent expense $24,000, which includes prepayments totaling $6,000 for the first quarter of 2018.
Prepare a detailed multi-step income statement with a brief explanation of 700 words. Assume a 25% tax rate.

 

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Explain what ratio analysis is to your classmates.

Business Finance – Accounting
Paper , Order, or Assignment Requirements

  1. Explain what ratio analysis is to your classmates. The following information should be included in your post.
    • What do you find most difficult about ratio analysis?
    • How is understanding ratio analysis beneficial to you as a manager?
    • How is ratio analysis beneficial to you as an investor?
    • What, in your opinion, are the two most important ratio analyses? Why?
    • Who are the users of ratio analysis?
    • What is the importance of ethics as it would be applied to ratio analysis?
  2. The purpose of this assignment is to build understanding of various issues facing business and society today.
    This assignment will require some research. Through this research the student will:
    Learn the background history of the chosen topic,
    Discover why this topic is controversial,
    Explain both sides of the controversy, and
    Develop an opinion
    Topic:

Casual dress codes are beneficial for the company.

 

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Write a five- to seven-page financial statement analysis of a public compan

Business Finance – Accounting
Paper , Order, or Assignment Requirements

Write a five- to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the Ashford Writing Center. In this analysis, you will discuss the financial health of this company with the ultimate goal of making a recommendation to other investors. Your paper should consist of the following sections: introduction, company overview, horizontal analysis, ratio analysis, final recommendation, and conclusions. Your paper needs to include a minimum of two scholarly resources in addition to the textbook as references.
Here is a breakdown of the sections within the body of the assignment:
Company Overview
Provide a brief overview of your company (one to two paragraphs at most). What industry is it in? What are its main products or services? Who are its competitors?
Horizontal Analysis of Income Statement and Balance Sheet
Prepare a three-year, horizontal analysis of the income statement and balance sheet of your selected company. Discuss the importance and meaning of horizontal analysis. Discuss both the positive and negative trends presented in your company.
Ratio Analysis
Calculate the current ratio, quick ratio, cash to current liabilities ratio, over a two-year period. Discuss and interpret the ratios that you calculated. Discuss potential liquidity issues based on your calculations of the current and quick ratios. Are there any factors that could be erroneously influencing the results of the ratios? Discuss liquidity issues of competitive companies within the same industry.
Recommendation
Based on your analysis, would you recommend an individual invest in this company? What strengths do you see? What risks do you see? It is perfectly acceptable to state that you would recommend avoiding this company, as long as you provide support for your position.

 

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the movie “Inside Out” or TBBT season3 episode3:identify the communication related issues that arise from the people or events in the video, identify two theories that can explain the same communication issues from two different perspectives, and describe how each theory has been used or tested in empirical studies.

Communication
Paper, Order, or Assignment Requirements

The video required is the movie “Inside Out” or TBBT season3 episode3.
COMM 200: Communication and Social Science Theory Comparison Paper
Spring 2016
Purpose: The purpose of this assignment is: (1) to increase your understanding of how theory helps us understand communication phenomena, (2) to help you to critically assess the differences between theories, (3) to aid you in learning how theory is tested and shaped through empirical research, and (4) have you develop skills for doing library research in the social sciences and for reading and understanding articles in scholarly journals.
Overview: Your TA will present you with information about acceptable video clips. You will write a 5-6 page paper and identify the communication related issues that arise from the people or events in the video, identify two theories that can explain the same communication issues from two different perspectives, and describe how each theory has been used or tested in empirical studies.
Specific Assignment (STEP-BY-STEP)
Step 1:
Step 2:
Step 3:
Step 4:
Identify the relevant communication issues in the video that you would like to focus on in your paper (e.g., self-disclosure, relationships, leadership issues, language, media effects, persuasion, social identity, etc.).
You should look through empirical studies for research literature that focuses on these issues. In these studies/articles, you should be able to locate several different theories that can inform/explain/address the issues in some way.
Be sure to PHTOCOPY or SAVE any potentially good articles you find, as ultimately you will be required to turn in a copy of one entire article you used for your research paper!
Identify two different theories that you think have something valuable to say about the issues you’ve identified for events or people involved in the video clip. The theories may be ones discussed in lecture or your readings or they can be new ones you have discovered. The only requirement is that it has to deal with a communication issue.
IMPORTANT: Do NOT first pick theories and then force it onto your video clip! The best way to find good theories to use is to search first for research articles that address the topic and/or issues in the video clip and then see what theories those studies rely upon.
Now that you have your two theories, sift through the research articles you collected in Step 2 and pick one article for each theory (i.e., two articles in total) that uses or tests the theories you will apply in your paper.
NOTE: These articles must be empirical studies published in scholarly journals. “Empirical research” refers to reports of actual research (e.g., surveys, experiments, content analyses) with data presented (Method Section) and has a discussion section. Remember that you will need to intelligently describe the use of your theories in each article, so choose your articles wisely.
You are also strongly encouraged to find additional sources that could help you provide depth and richness to the points you make in your paper. Such additional sources might be other articles, book chapters, or textbooks that give you helpful information about the theory.
Write a 5-6 page paper, in which you do the following:
Step 5:
Introduce your paper: Briefly indicate what you are going to discuss in your paper. Make sure that you have a thesis statement. In your introduction you should identify the communication issue(s) that arise from the people or events in the video clip, and the two theories that will be used to explain those same issues.

Compare and Contrast your Theories: Briefly describe each theory (drawing upon the textbook, lecture, and/or additional sources; please remember to appropriately cite according to APA style). You probably want to focus on the main assumptions and tenets of the theory, especially those aspects that relate to the communication issues you will discuss. Once you have described each theory, indicate how the theories are similar (e.g., What do they have in common? Do they discuss the same issues?) and different (e.g., How is their focus different? Do they explain the same thing in different ways, such as different context, causes and consequences?).
Apply your theories to the Video Clip: Discuss each communication issue described earlier in terms of how each theory would explain that phenomenon. For example, if we were to examine a typical episode of “The Bachelor” or “MTV’s Are You The One?” we might notice that during the course of the night the couples ask each other questions. This issue could be explained by applying Uncertainty Reduction Theory or Social Penetration Theory. You might explain the behavior with Uncertainty Reduction Theory by indicating that in initial interactions, individuals strive to reduce uncertainty about another. Moreover, people reduce uncertainty by information seeking (i.e., getting the other person to self-disclose). On the other hand, you could explain this issue through Social Penetration Theory which suggests that people bond relationally through self-disclosure and that the level of self-disclosure reflects stages in relational development.
Review how your communication issues have been researched: For each study, explain how the researchers test the theory and/or used the theory to inform their study on the communication issue(s) in some way (e.g., Did the researchers test a particular aspect of the theory? Was the study an application of some of the theory’s concepts?). Briefly summarize each study and indicate describe any major results that relate to each theory.
Conclusion: Tie together the different parts of your paper. Although both theories can be applied to the communication issue(s) you described, one theory might be better to explain the communication phenomenon. Discuss which theory does the better job of explaining the communication issue(s). Indicate why. Is this theory better because of the social context or the relationship between the people involved in the video clip? Explain.

 

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“Decision Analysis Case Study: Valley of the Sun Reviews”

Business Finance – Accounting
Paper , Order, or Assignment Requirements

For many of the remaining topics in BUS-660, assignments will be in the form of case studies. These case studies are designed to provide an opportunity to engage in that topic’s quantitative analysis method, as well as demonstrate critical thinking and appropriate professional communication.
Review “Decision Analysis Case Study: Valley of the Sun Reviews” for this topic’s case study, a proposal to change the faculty performance review process at Valley of the Sun Academy (VSA).
Based on the information presented in the case study, create a decision tree or Excel-based analysis to determine the most appropriate recommendation.
In a 500-750-word report to VSA’s Human Resources department and the chief financial officer, explain your approach and the rationale for this method. Evaluate both outcomes and how they would be applied to this decision. Conclude your report with your recommendation for the review process VSA should adopt.
Submit your Excel-based analysis or decision tree with your report.
Decision Analysis Case Study:
Valley of the Sun Reviews
Valley of the Sun Academy (VSA) is an online school specializing in GED programs for the Phoenix area. Valley of the Sun Academy enrolls 813 students and has a part-time faculty pool of 65 online instructors.
Online faculty are reviewed annually and provided with feedback about their facilitation techniques, content expertise, engagement, and classroom management. If necessary, remediation and additional support are provided by the Faculty Advisory Board (FAB). The online faculty reviews are one factor used to determine overall performance, teaching status, and potential performance appraisals.
Recently, the FAB submitted a proposal for a new approach for the next fiscal year, the Peer Faculty Performance Review (PFPR). Human Resources (HR) and the school’s chief financial officer are evaluating the suggestion against the current design, described by VSA’s director. Both review processes are outlined below.
Current Design
Valley of the Sun Academy uses an external firm, TeachBest Consulting, to conduct annual reviews for online faculty. The review team is composed of faculty members at other online institutions, including universities and high schools. Valley of the Sun Academy faculty are not part of the review process, and TeachBest Consulting handles hiring and training internally. Valley of the Sun Academy’s HR department assigns completed courses to review, and VSA’s Technical Support team is responsible for providing access.
Once completed, the TeachBest consultant submits the review form to VSA’s HR department, and HR submits a payment for each review. In addition, VSA has an annual contract with TeachBest Consulting.
The overall contract is $2,500/year. If VSA’s enrollment reaches 1,000 or more students or their faculty pool expands to 75 or more instructors, the contract amount will increase to $5,000/year. There is a 75% chance the student enrollment will reach 1,000 students within the next 18 months and a 25% chance enrollment will not increase. During the next nine months, Human Resources anticipates hiring at least six math instructors.
Individual reviewers are paid $75 for each review. Reviews are conducted in March, July, and November, with all faculty reviewed by December 1.
Valley of the Sun Academy is responsible for disseminating the results of the review to faculty members. If questions arise about review results, the FAB is responsible for verifying the review and responding to the instructor. Periodically, the Faculty Advisory Board finds fault with the initial review and follow-up must be scheduled. Each year, about 5% of the initial reviews are found to be inaccurate and new reviews must be scheduled. Valley of the Sun Academy pays a discounted price of $50 for each follow-up review.
Peer Faculty Performance Review (PFPR) Proposal
The FAB proposes to conduct faculty reviews in-house and no longer contract TeachBest Consulting. Human Resources will review faculty files and invite the top three performing instructors in four disciplines (Literacy and Communication, Social Sciences, Math, and Science and Technology) to join the PFPR committee.
Initial responsibilities will involve creating a new review form and conducting a norming session for consistency. There will be ongoing technology fees of $20/month for each reviewer, to ensure access to create and complete the review forms. There will also be an initial cost to set up the norming session. The Faculty Advisory Board recommends one of three options:
1. A $500 session that can be scheduled at any time with TeachBest Consulting.
2. A $750 session offered monthly by an external employee development firm.
3. A session designed by VSA’s HR and instructional design specialists, which would be free to attend but would require internal time and labor costs; HR anticipates a start of two months from implementation would prevent interrupting normal business practices.
Because the responsibilities are not included in current faculty contracts, FAB recommends stipends of $50 for each review completed. With the new internal PFPR process, FAB anticipates faculty reviews would no longer be overturned and there would not be a need to conduct secondary reviews. Additionally, FAB expects reviews to move to a 9-month rolling cycle rather than once every academic year.

 

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