The excel file – Only complete the November part 6. Measuring and explaining pre

The excel file – Only complete the November part
6. Measuring and explaining premiums on money market securities (from Chapter 6)
a. What is the difference between the yield on 90-day commercial paper and the yield on 13-week T-bills as of the end of the school term? Apply the concepts discussed in Chapter 6 to explain why this premium exists.
b. Compare the premium on the 90-day commercial paper yield (relative to the 13-week T-bill yield) that exists at the end of the school term to the premium that existed at the beginning of the term. Apply the concepts discussed in Chapter 6 to explain why the premium may have changed over the school term.
7. Explaining bond premiums and price movements (from Chapter 8)
a. What is the difference between the yield on high-yield corporate bonds at the end of the school term versus the yield on high-quality corporate bonds as of the beginning of the school term? Apply the concepts discussed in Chapter 8 to explain why this premium exists.
b. Compare the long-term Treasury bond yield at the end of the school term to the long-term Treasury bond yield that existed at the beginning of the school term. Given the direction of this change, did prices of long-term bonds rise or fall over the school term?
c. Compare the change in the yields of Treasury, municipal, and corporate bonds over the school term. Did the yields of all three types of securities move in the same direction and by about the same degree? Apply the concepts discussed in Chapter 8 to explain why yields of different types of bonds move together.
d. Compare the premium on high-yield corporate bonds (relative to Treasury bonds) at the beginning of the school term to the premium that existed at the end of the school term. Did the premium increase or decrease? Apply the concepts discussed in Chapter 8 to explain why this premium changed over the school term.
8. Explaining mortgage rates (from Chapter 9)
a. Compare the rate paid by a homeowner on a 30-year mortgage to the rate (yield) paid by the Treasury on long-term Treasury bonds as of the end of the school term. Explain the difference.
b. Compare the 30-year mortgage rate at the end of the school term to the 30-year mortgage rate that existed at the beginning of the school term. What do you think is the primary reason for the change in 30-year mortgage rates over the school term?
9. Explaining stock price movements (from Chapter 11)
a. Determine the return on the stock market over your school term, based on the percentage change in the S&P 500 index level over the term. Annualize this return by multiplying the return times (12/m), where m is the number of months in your school term. Apply concepts discussed in Chapter 11 to explain why the market return was high or low over your school term.
b. Repeat the previous question for smaller stocks by using the Nasdaq Composite instead of the S&P 500 index. What was the annualized return on the Nasdaq Composite over your school term?
c. Explain why the return on the Nasdaq Composite was high or low over your school term.
d. Determine the return over the school term on the stock in which you chose to invest. The return is (Pt – Pt–1 + D)/Pt–1, where Pt is the stock price as of the end of the school term, Pt–1 is the stock price at the beginning of the school term, and D is the dividend paid over the school term. In most cases, one quarterly dividend is paid over a school term, which is one-fourth of the annual dividend amount per share shown in stock quotation tables.
e. What was your return over the school term on the stock you selected from the New York Stock Exchange? What was your return over the school term on the stock you selected from the Nasdaq market? Apply the concepts discussed in Chapter 11 to explain why you think these three stocks experienced different returns over the school term.
10. Measuring and explaining futures price movements (from Chapter 13)
a. Assume that you purchased an S&P 500 futures contract at the beginning of the school term, with the first settlement date beyond the end of the school term. Also assume that you sold an S&P 500 futures contract with this same settlement date at the end of the school term. Given that this contract has a value of the futures price times $250, determine the difference between the dollar value of the contract you sold and the dollar amount of the contract that you purchased.
b. Assume that you invested an initial margin of 20 percent of the amount that you would owe to purchase the S&P 500 index at the settlement date. Measure your return from taking a position in the S&P 500 index futures as follows. Take the difference determined in the previous question (which represents the dollar amount of the gain on the futures position), and divide it by the amount you originally invested (the amount you originally invested is 20 percent of the dollar value of the futures contract that you purchased).
c. The return that you just derived in the previous question is not annualized. To annualize your return, multiply it by (12/m), where m is the number of months in your school term.
d. Apply the concepts discussed in Chapter 13 to explain why your return on your S&P 500 index futures position was low or high over the school term.
e. Assume that you purchased a Treasury bond futures contract at the beginning of the school term with the first settlement date beyond the end of the school term. Also assume that you sold this same type of futures contract at the end of the school term. Recall that Treasury bond futures contracts are priced relative to a $100,000 face value, and the fractions are in thirty-seconds. What was the dollar value of the futures contract at the beginning of the school term when you purchased it?
f. What was the dollar value of the Treasury bond futures contract at the end of the school term when you sold it?
g. What was the difference between the dollar value of the Treasury bond futures contract when you sold it and the value when you purchased it?
h. Assume that you invested an initial margin of 20 percent of the amount that you would owe to purchase the Treasury bonds at the settlement date. Your investment is equal to 20 percent of the dollar value of the Treasury bond futures contract as of the time you purchased the futures. Determine the return on your futures position, which is the difference you derived in the previous question as a percentage of your investment.
i. The return that you just derived in the previous question is not annualized. To annualize your return, multiply your return times (12/m), where m is the number of months in your school term.
j. Apply the concepts discussed in Chapter 13 to explain why the return on your Treasury bond futures position was low or high.
11. Measuring and explaining option price movements (from Chapter 14)
a. Assume that you purchased a call option (representing 100 shares) on the specific stock that you identified in Part I (f) of this project. What was your return from purchasing this option? [Your return can be measured as (Premt – Premt–1)/Premt–1, where Premt–1 represents the premium paid at the beginning of the school term and Premt represents the premium at which the same option can be sold at the end of the school term.] If the premium for this option is not quoted at the end of the school term, measure the return as if you had exercised the call option at the end of the school term (assuming that it is feasible to exercise the option at that time). That is, the return is based on purchasing the stock at the option’s strike price and then selling the stock at its market price at the end of the school term.
b. Annualize the return on your option by multiplying the return you derived in the previous question by (12/m), where m represents the number of months in your school term.
c. Compare the return on your call option to the return that you would have earned if you had simply invested in the stock itself. Notice how the magnitude of the return on the call option is much larger than the magnitude of the return on the stock itself. That is, the gains are larger and the losses are larger when investing in call options on a stock instead of the stock itself.
d. Assume that you purchased a put option (representing 100 shares) on the specific stock that you identified in Part I (g) of this project. What was your return from purchasing this option? [Your return can be measured as (Premt – Premt–1)/Premt–1, where Premt–1 represents the premium paid at the beginning of the school term and Premt represents the premium at which the same option can be sold at the end of the school term.] If the premium for this option is not quoted at the end of the school term, measure the return as if you had exercised the put option at the end of the school term (assuming that it is feasible to exercise the option at that time). That is, the return is based on purchasing the stock at its market price and then selling the stock at the option’s strike price at the end of the school term.

I completed part one and two of this project already. This project is based upon

I completed part one and two of this project already. This project is based upon the Walt Disney company. I just need part 3 completed. Here are the instructions on what needs to be answered about The Walt Disney Company.
Board operations (12 points)
Who chairs the board?
How often does the board meet?
How good is the attendance?
Is there any evidence that the board operates as a check or at least a monitor of top management?
III.Investors & Analysts(12 points)
1.Who are the “biggest” stockholders in the firm?
2.What is their history on corporate governance?
b.Sell side
1.Who are the analysts that track the firm?
2. What are their views on the stock?
c. Activist
1.Are there any activist investors in the mix?
2. How “activist” are they?

Company project analysis: Using the analytical tools each of you will learn, eac

Company project analysis: Using the analytical tools each of you will learn, each person will prepare an analysis of a public company. The company will be evaluated from the perspective of both fixed income securities (e.g., would you buy the bonds in the medium to long-term?) and equity securities (e.g., would you buy or sell the stock in the medium to long-term?).
Approaches to the analysis should include:
Current state of the financial health of the company
Trends in the financial health over recent years and potentially into the future
Comparison of the subject company with competitors and/or industry sector
Analysis of the subject company’s industry sectorRelative strengths or weaknesses
Factors affecting the industry such as product, technical innovation, regulation, economic cycles, etc.
Assessing the company’s position within the industry contextIs it a leader?
Does it have a clear advantage vis a vis other industry participants?
Is it subject to extreme competition or pricing pressure?
The company chosen is at your discretion, but should not be so complex or one for which the information is not readily available that makes it more difficult than necessary. Students should pick a subject company outside his/her usual frame of reference. For example, if a student is employed in the technology sector, he/she should choose a company in another industry, such as food.

PLEASE READ THROUGH THE ATTACHED RUBRIC FOR INSTRUCTIONS ON COMPLETING THIS ASSI

PLEASE READ THROUGH THE ATTACHED RUBRIC FOR INSTRUCTIONS ON COMPLETING THIS ASSIGNMENT AND ANSWERING THE QUESTIONS PRESENTED.
THE CHOSEN COMPANY IS ENRON.
Your analysis must be submitted as a 2–3 page Microsoft Word document in APA format
Double spacing
12-point Times New Roman font
One-inch margins
At least three sources cited in APA format

I. Executive Summary. This section should provide a brief context for your finan

I. Executive Summary.
This section should provide a brief context for your financial statement analysis and a summary
of your principal findings.
§ Provide a brief context for the company that helps situate it in the larger business
environment. Be sure to explain how this context impacts financial statement analysis. For
example, how large is the company? What industry is it in? What companies are its major
competitors? What trends or recent events might affect company or industry performance?
How might these things be reflected in financial statements?
§ Summarize key findings and recommendations from your analysis clearly and concisely. For
example, what does your analysis suggest regarding internal changes? Would outside
investors find your company attractive? This should be one high-level summary paragraph.
Supporting details and rationale will be provided in later sections.
II. Analysis.
Use this section to present your findings based on quantitative and qualitative analysis of the
financial statements. Include a copy of the financial statements and any ratios or analysis in an
appendix as support for your text. In particular, this section should cover:
a) Role of financial statements
§ The financial statements’ role in evaluating company performance.
§ Explain why it is important that these statements be completed accurately and ethically
and what the ramifications are if they are not.
b) Approach. Briefly and in general terms, explain the types of analysis you performed and
why. You should focus on the key measurements and how you used them to inform your
analysis.
c) Key Ratios. Use this section to discuss key performance indicators (ratios). Be sure to show
your calculations for each indicator in an appendix. Specifically, you must look at:
§ Profitability: Accurately present and explain the significance of the profit margin, return
on assets, return on equity, and return on capital ratios for this company. In other
words, what are the ratio values for this company, and what do they suggest for
informing decisions to buy or sell company shares or change management procedures?
§ Liquidity: Accurately present and explain the significance of the current, quick, and cash
ratios for this company. In other words, what are the ratio values for this company, and
what do they suggest for informing decisions to buy or sell company shares or change
management procedures?
§ Debt: Accurately present and explain the significance of debt, debt-equity, and interest
coverage ratios for this company. In other words, what are the ratio values for the
company, and what do they suggest for informing decisions to buy or sell company
shares or change management procedures?
§ Operating performance: Accurately present and explain the significance of the fixedasset turnover ratio for this company. In other words, what is the ratio value for this
company, and what does it suggest for informing decisions to buy or sell company
shares or change management procedures?
§ Investment valuation: Accurately present and explain the significance of the price/book value,
price/earnings, price/sales, and dividend yield ratios for this company. In other words, what are
the ratio values for this company, and what do they suggest for informing decisions to buy or
sell company shares or change management procedures?
d) Vertical Analysis. Perform a vertical analysis of the income statement and the balance sheet from
the most recent three years in order to answer the following questions. Be sure to include
supporting calculations and a vertical analysis spreadsheet in an appendix.
1. Do any items in your vertical analysis stand out? Why or why not? Be sure to provide specific
examples and explain what elements you considered in arriving at your answer.
2. What does your vertical analysis suggest for managing the company’s financial health? Be sure
to justify your response. For example, are there things the company might want to look at more
closely? Why or why not?
3. What does your vertical analysis suggest with respect to how potential investors would view the
company? Justify your response. For example, are there items that might make potential
investors less likely to buy the company’s stock? Are there items that might make potential
creditors wary about lending to the company? Why or why not?
e) Horizontal Analysis. Perform a horizontal analysis of the same key performance measures covered
by your vertical analysis to examine trends for the company over the most recent three-year time
period. Use your analysis to answer the following questions and include supporting calculations and
horizontal analysis spreadsheet in an appendix.
1. Do any items in your horizontal analysis stand out? Why or why not? Be sure to explain what
elements you considered in arriving at your answer.
2. What does your horizontal analysis suggest for managing the company’s financial health? Be
sure to justify your response. For example, are there things the company might want to look at
more closely? Why or why not?
3. What does your horizontal analysis suggest with respect to how potential investors would view
the company? Justify your response. For example, are there any items that might make
potential investors less likely to buy the company’s stock? Are there items that might make
potential creditors wary about lending to the company? Why or why not?
f) Benchmarks. Analyze the company’s performance relative to the industry average. The average
should refer to the same period as the financial statements being analyzed (or as close as possible).
Specifically, you should answer:
1. Why is benchmarking important in analyzing financial statements and evaluating a company’s
overall performance? In other words, does analyzing a specific company’s financial statements
in isolation provide you with sufficient information for analyzing its overall performance? Why
or why not?
2. What do benchmarking comparisons tell you about how the selected company is performing
relative to industry peers? Support your answer with specific examples from your analysis and
industry research.
3. How do your company’s financial statements compare to industry standards in terms of legally
and ethically communicating necessary information to stakeholders? Justify your response using
specific examples and referencing relevant legal and ethical guidelines.
III. Conclusions. Based on your analysis, what overall conclusions would you draw regarding the
following questions:
a) Would outside investors find the company attractive as a potential investment? Why or why
not? Use examples from your analysis to support your answer.
b) What legal and ethical considerations does the organization need to consider in implementing
these recommendations? How would these affect stakeholders’ decision making? Support your
response referencing relevant legal and ethical guidelines.

Write a research paper on the following: • You will write about Tesla, traded on

Write a research paper on the following:
• You will write about Tesla, traded on the U.S. exchange. You will locate the annual report for at least the last three fiscal years. Analyze the financial statements for the company and review for large movements in specific accounts from one year to the next. In addition, review the notes to the financial statements as these are an integral part of the financial reporting package. Evaluate the balance sheet to determine if there are large changes in the company’s assets, liabilities, or equity accounts. In addition, analyze the income statement and statement of cash flows.
• At a minimum, calculate the following ratios for two years, the debt-to-equity ratio, current ratio, quick ratio, return on equity, and net profit margin. For each ratio, explain what the ratio tells you about the company.
• Watch the attached videos to learn about how to do a ratio analysis of a corporation.
• Also read chapter 17 see attached (Accounting_Principles_A_Business_Perspective.pdf_safe) use it as one of your references.
The research paper must have a minimum of 2-3 pages (excluding the title and reference page) and be formatted in APA 7th edition. Use proper organization (intro, body, conclusion) and follow the APA style.

Please answer the following questions: In this chapter, we have discussed the Gr

Please answer the following questions:
In this chapter, we have discussed the Gramm-Leach-Bliley Act, which gives credit unions, savings and loans, banks, insurance agencies, mortgage companies, and other financial institutions the right to sell customer information to marketing companies, affiliates, and others. Some individuals believe that doing this is ethical since customers have the right to opt out of having their information sold and because by law these organizations have the right to make additional income through selling customers’ information. On the other hand, some individuals believe that these organizations do not educate customers and unfairly keep them ignorant to the use their information.
a. Is the Gramm-Leach-Bliley Act Ethical? Why or why not?
b. Do organizations have a responsibility to educate customers about the Gramm-Leach-Blility Act? Why or why not?
c. Just because something is lega, is it ethical? Why or why not?

Please read the following two articles and prepare a summary of the revenue reco

Please read the following two articles and prepare a summary of the revenue recognition with no more than 500 words. Avoid copying and paste without reading.
https://www.ifrs.org/issued-standards/list-of-standards/ifrs-15-revenue-from-contracts-with-customers/
https://corporatefinanceinstitute.com/resources/accounting/revenue-recognition/

Competencies In this project, you will demonstrate your mastery of the following

Competencies
In this project, you will demonstrate your mastery of the following competencies:
Describe how managerial accounting supports management information systems
Utilize managerial accounting techniques and models to support an organization’s strategic plan
Explain how managerial accounting is used to make decisions about short-term business opportunities, capital investments, and evaluating operational performance
Scenario
Your business has been open for a month, and you have prepared an income statement and completed a variance analysis on the data. Now you will meet with investors and a few other internal stakeholders to share your company’s progress over the past month and how it has performed with respect to your cost and budget projections. The investors would like to see the thought process behind your financial strategy and how your company has performed in its first month. They have therefore asked you to present a report that includes the costing and income data from your Project Workbook.
Directions
Submit a detailed report to your potential investors and other stakeholders to explain and defend your costing strategies and to share your business’s performance to date. Your report can be in the form of a PowerPoint presentation or a Word document (based on the templates provided in the What to Submit section). In either format, be sure to effectively communicate with your stakeholders by breaking down concepts and using investor-friendly language to build their trust and confidence. If you choose to do a PowerPoint presentation, you’ll need to include speaker notes for each slide.
Introduction: Provide a short overview of your company and the purpose of this report.
Business Overview: Name your company and describe its business and your vision for its future.
Purpose of the Report: Explain the purpose of the report and describe why the information is important.
Methods and Approach: Explain the management accounting methods you used for generating the information that you are about to share in terms of your adherence to industry standards and the American Institute of Certified Public Accountants (AICPA) code of ethics.
Financial Strategy: Review your original business plan and costing strategies.
Costing System: Justify the use of job order costing for this business. Be sure to compare and contrast the various costing systems you learned about in this course as part of your defense.
Selling Prices: Share and explain the selling prices you established for each of your products. Be sure to reference your cost-volume-profit analysis in your defense.
Contribution Margin: Share and explain your contribution margin per unit. Be sure to reference your cost-volume-profit analysis in your defense.
Target Profits: Identify your break-even points for achieving different target profits. Then explain the target profits you selected for each area of your business. Be sure to reference your cost-volume-profit analysis in your defense.
Financial Statements: Using the information in the Milestone Two Market Research Data Appendix, assess your financial performance to date.
Statement of Cost of Goods Sold: Share the statement of cost of goods sold and logically interpret the business’s performance against the provided benchmarks.
Income Statement: Share the income statement and logically interpret the business’s performance against the provided benchmarks.
Variances: Illustrate all variances for the direct labor time and the materials price.
Significance of Variances: Evaluate the significance of the variances in terms of the potential to impact future budgeting decisions and planning.
Use the template I leave you but condense it to fit the slide requirement. You don’t have to do every slide in template on its own. Condense them to fit. Other files will be left to help and use as reference.