Category: Accounting homework help

Using the excel template we created in class, forecast the next 10 years of the company. Change the assumptions as you wish. Make them more appropriate to your company’s past and your personal belief as to what would happen in the future.  Clearly state your new assumptions.

1.
 On a systemic level, consider whether the practice of issuing earnings forecasts is good, bad, or indifferent. 
Is the practice of issuing earnings forecasts a socially beneficial one?
Should the practice be encouraged, required, discouraged, or prohibited?
Does the practice encourage deception or manipulation?
2.
consider whether the corporate decision to issue an earnings forecast is ethically appropriate when the company has some
reason to suspect the forecast is misleading and investors may make decisions using the misleading forecast.
Should a corporate decision be based on the kind of information Lungren picked up in his private life.
Is Unicomp’s forecast really misleading, or would investors be aware of the imminent shortage of parts from other
sources anyway? Does the investors’ “right to the truth” mean that a company must exercise great or moderate care to
ensure that its forecasts are accurate? 
If it were you, would you 
· Issue no forecast,
· Issue Lungren’s prepared forecast, or
· Issue a different kind of forecast.
[Be honest as you are not graded on your ethical values, but more so on your ability to incorporate ethical considerations in your decisions]
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3.
In considering the ethically appropriate course of action for John to take, consider the following questions:
· What are the personal/corporate pressures and constraints under which John is acting? Possible
responses:
– Financial pressures for his family.
– The probability that even if he refuses, the company will still issue the prepared forecast.
– The probability that the investment community will discount the forecast anyway.
– The probability that the “rumor” of impending shortages will shortly become public anyway.
Based on these constraints, is John justified in issuing the prepared forecast even if he believes it is not accurate?

 
Imagine that you are a potential investor researching a U.S. investment of your choice. Your choice can be any investment that is highly marketable, which means that you must be able to sell it at a market price very easily, and develop a strategic diversification plan for a great return. Publicly traded stock, corporate bonds, government bonds, real estate, mutual funds, and derivatives are all examples of highly marketable investments. However, for this assignment, select the stock of a publicly traded U.S. corporation.
You will be required to collect financial statements, relevant financial information, or both that details the past three years (fiscal or calendar) of the chosen investment. (These statements can usually be located within the organization’s website under “investor information” or something similar. Many times, these statements can also be found on Yahoo! Finance, Google Finance, or MSN Money. You may also visit the Strayer University LibraryLinks to an external site.)
You will also be required to research your chosen investment’s price for the past five years, as well as a related market index for this investment for the past five years. An example of an applicable market index is the Standard and Poor’s Stock Market Index, commonly called the S&P 500.
To complete this assignment, write a 3-5 page paper in which you do the following:
Select the stock of a publicly traded U.S. corporation that you wish to research for your portfolio diversification, with at least two supporting fundamental reasons such as price to earnings (P/E), price to book (P/B), price to cash flow from operation (P/CFO), and price to dividend (P/D). Provide at least one technical screen such as uptrend.
Provide a brief (one-paragraph) explanation of the systematic risk and potential return associated with the investment you’ve selected.
List five resources to demonstrate that there is enough information to support your decision regarding your selected investment.
This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Outline portfolio diversification strategies, and the systematic risk and potential return on an investment.
View RubricWeek 4 Assignment – Investment SelectionWeek 4 Assignment – Investment SelectionCriteriaRatingsPtsSelect the stock of a publicly traded U.S. corporation that you wish to research for your portfolio diversification, with at least two supporting fundamental reasons such as price to earnings (P/E), price to book (P/B), price to cash flow from operation (P/CFO), and price to dividend (P/D). Please provide at least one technical screen such as uptrend.20 to >17.99 ptsExemplaryThoroughly selected the stock of a publicly traded U.S. corporation. Thoroughly provided at least two supporting reasons for the choice. Provided thorough technical screen information.17.99 to >15.99 ptsCompetentSatisfactorily selected the stock of a publicly traded U.S. corporation. Satisfactorily provided at least two supporting reasons for the choice. Provided satisfactory technical screen information.15.99 to >13.99 ptsSatisfactoryPartially selected the stock of a publicly traded U.S. corporation. Partially provided at least two supporting reasons for the choice. Provided partial technical screen information.13.99 to >11.99 ptsNeeds ImprovementInsufficiently selected the stock of a publicly traded U.S. corporation. Insufficiently provided at least two supporting reasons for the choice. Provided insufficient technical screen information.11.99 to >0 ptsUnacceptableDid not submit or incompletely selected the stock of a publicly traded U.S. corporation. Did not submit or incompletely provided at least two supporting reasons for the choice and did not submit at least one technical screen./ 20 ptsProvide a brief (one paragraph) explanation of the systematic risk and potential return associated with the investment you’ve selected.40 to >35.99 ptsExemplaryThoroughly provided a brief (one paragraph) explanation of the systematic risk and potential return associated with the investment selected.35.99 to >31.99 ptsCompetentSatisfactorily provided a brief (one paragraph) explanation of the systematic risk and potential return associated with the investment selected.31.99 to >27.99 ptsSatisfactoryPartially provided a brief (one paragraph) explanation of the systematic risk and potential return associated with the investment selected.27.99 to >23.99 ptsNeeds ImprovementInsufficiently provided a brief (one paragraph) explanation of the systematic risk and potential return associated with the investment selected.23.99 to >0 ptsUnacceptableDid not submit or incompletely provided a brief (one paragraph) explanation of the systematic risk and potential return associated with the investment selected./ 40 ptsList five resources to demonstrate that there is enough information to support your decision regarding your selected investment.30 to >26.99 ptsExemplaryThoroughly listed five resources to demonstrate that there is enough information to support the decision regarding the selected investment.26.99 to >23.99 ptsCompetentSatisfactorily listed five resources to demonstrate that there is enough information to support the decision regarding the selected investment.23.99 to >20.99 ptsSatisfactoryPartially listed five resources to demonstrate that there is enough information to support the decision regarding the selected investment.20.99 to >17.99 ptsNeeds ImprovementInsufficiently listed five resources to demonstrate that there is enough information to support the decision regarding the selected investment.17.99 to >0 ptsUnacceptableDid not submit or incompletely listed five resources to demonstrate that there is enough information to support the decision regarding the selected investment./ 30 ptsClarity, writing mechanics, and formatting requirements.10 to >8.99 ptsExemplary0–2 errors present.8.99 to >7.99 ptsCompetent3–4 errors present.7.99 to >6.99 ptsSatisfactory5–6 errors present.6.99 to >5.99 ptsNeeds Improvement7–8 errors present.5.99 to >0 ptsUnacceptableMore than 8 errors present.
 

1.(a)   Financial Statement Analysis and Interpretation (Liquidity, Assets Utilization, Leverage and Profitability position).
Note: This is a self-study based assignment because this has been covered in FMA course.  However, in this course, submission must be two-page report of significant enhancement of critical analysis and interpretation of Liquidity, Assets Utilization, Leverage and Profitability position. Reproducing same analysis in FMA course will not carry rewards. This assignment will involve extensive modelling on excel.
(b)   Measuring and analyzing unsystematic risk. (Leverage analysis and interpretation – Analyzing impact of cost structure) –
Note: This is also a self-study based assignment because this has been covered in FMA course. However, in this course, submission must be two-page report of significant enhancement of critical analysis and interpretation of cost structure and its impact on business (BEP). Reproducing same analysis in FMA course will not carry rewards
2. (a)   Assess importance of financial management decisions on selected organization(s)
(b) Analyze small shareholders’ wealth protection / maximization in selected organization(s) 
3. (a)   Estimation and Analysis Systematic Risk (Stock return response to change in market index return). This assignment will involve extensive modelling on excel.
(b) Estimation and analysis of Weighted Average Cost of Capital (WACC). Measuring riskiness of the business. This assignment will involve extensive modelling on excel.
4. Estimation and analysis of working capital requirement based on operating cycle. This assignment will involve extensive modelling on excel and basic simulation.

 
My last name starts with a T
This week’s DQ focuses on the Income Statement. It builds on the insights we gained in Week 2, but goes a little deeper in our use of financial statement analysis skills.
Note: We want to encourage a rich exchange of information and ideas in this discussion. Please select an Income Statement line item or ratio based on the first letter of your last name as indicated below.
Locate and post a screenshot of an actual Income Statement from the latest fiscal year for one of the following companies:

Tupperware Brands
Tesla

Pick an Income Statement Line Item or Ratio from the list below: Select from Here if Your Last Name
Starts with A-K
Line ItemSelect from Here if Your Last Name
Starts with L-Z
Ratio
Revenue (aka Sales, Turnover)
Cost of Goods Sold/Cost of Sales
Selling, General and Administrative Expense
Gross Profit
Operating Profit
Net Profit
Gross Margin (%)
Net Margin (%)
Return on Sales
Return on Equity
Return on Assets
Earnings Per Share (EPS)
EBITDA
What does this line item or ratio measure and why is it important item for Management to understand this number?
Identify the past 4 years of amounts for your line item or ratio (Note: this will require you to track down additional historical
Income Statements to get the older data). Share this data with the class using a data table or chart.

Answer the following questions:
What is the trend for this line item or ratio?
Has the line item or ratio amount increased or decreased?
Is this a “good” thing or a “bad” thing? For this company?
What might management do to improve this line item or ratio?

8 Wastes of Lean Manufacturing in a Services Context
Identify one of the 8 wastes listed in the article and provide an example from a service industry company that illustrates the waste.  Explain the potential negative impacts on the company.  
https://www.processexcellencenetwork.com/lean-six-sigma-business-performance/columns/8-wastes-of-lean-manufacturing-in-a-services-conte. 

 
Q1)
In introducing the third tenet of Conscious Capitalism, authors Mackey and Sisodia (2014) posit the following: “Conscious leadership is perhaps the most important element in Conscious Capitalism.  Without conscious leadership, little else matters.  The finest, most conscious corporation can be led badly astray and even destroyed if it hires or promotes the wrong kind of leaders” (p. 178).
For your initial post this week, offer your thoughts and perspective on the quotation above.  Develop your post by addressing the following aspects:
1.  Describe the qualities that you think are most important for someone to be recognized as a conscious leader.
2.  Offer your advice on how to develop the qualities you described above.
3.  Give an example of someone who you believe is a good role model or coach as a conscious leader, and explain your reasoning.
Q2)give comments to the below 2 posts(1-2 paragraphs)
Post 1: Taylor Garvin
This week I am checking in at a -1. I am feeling unmotivated and tired. Last week was a long week and this week will also be long. 
Conscious leaders love to serve, lead, and help. They lead with high integrity and have a great capacity for love and care. “Great leadership is authentic leadership. Authenticity is not a characteristic: it is who you are. It means knowing who you are and what your purpose is” (Mackey & Sisodia, p. 183). Concious leaders need to have multiple types of intelligence: emotional intelligence, spiritual intelligence, and systems intelligence. I think the most important qualities a conscious leader must have are: love, care, the multiple types of intelligence, authenticity, and self-awareness. 
Ways that someone can develop these concious leadership qualities include following their heart and finding their purpose, having positive role models, having a good coach or mentor, cultivating the higher virtues, developing their higher emotional intelligence, developing their systems intelligence, and creating higher levels of consciousness. Chapter 14 does a great job laying each of these out and goes deeper into them.
One of my current managers is a good model of a conscious leader. She does an excellent job serving not only the business but also her community, she leads with poise, confidence, and appreciation. She knows that each employee is important to the operations. Helping is second nature for her, she is always more than willing to help with anything she can. Her emotional and spiritual intelligence is high but could be improved upon. However, her systems intelligence is amazing she gets to the root of the problem and begins solving it. Authenticity and self-awareness are two of her many concious leadership qualities I admire most. She always says true to herself and the employees. Her self-awareness allows her to grow as a leader but it also encourages team growth. 
Post 2: Jasmine 
 I am checking in a +2 feeling hopefull, excited and happy that I am starting to settle in to class and work ahead or get my work done at a reasonable time frame.  I often feel sometimes I am doing 27 things at one time and lose track of most things because I take on too much or being a mom of 3 can be overwhelming.
My idea of a conscious leader is one who listens to their team of people prior to decision making, and one who can handle conflict or face adversity.  A conscious leader also is an adaptive leader.  The world as we know it changes often and a conscious leader needs to be able to adjust when necessary.
The biggest advice I could possibly give outside of involving others on your team or going back to what has worked before or not worked in the past, I would say being self aware is the key.  When you have self awareness you know how to respond in different situations and pressure does not alter how you operate.  I would also suggest at times, when necessary, allowing a facilitator to come in.  This can help a leader be conscious or show others just how conscious you are.
My current prinicipal is a good example of this.  There have been a few controversal things happening over the last few months and he has recognized that the entire staff needs an updated Diversity training so we can understand the population we work with and how to handle different situations.  The principal has gotten better at involving others in some decision makings where it is necessary.

INSTRUCTIONS
Valuation homework is 20 points.  Get to know your company, the business lines, owners2) Using the excel template we created in class, forecast the next 10 years of the company. Change the assumptions as you wish. Make them more appropriate to your company’s past and your personal belief as to what would happen in the future. Clearly state your new assumptions.3) Provide a table of your assumptions and resulting FCFs.4) Provide a DCF analysis including your WACC assumptions.5) Provide a sensitivity analysis table. Choose variables that have changed more than others in the past. Make sure to provide both upsides and downsides.6) Using PE of 8 and EV/EBITDA of 6 as peer multiples, perform a peer multiple valuation.7) Using subjective weights combine DCF and peer analyses and reach to a 12 month target price.8) Conclude your valuation and provide a recommendation.
Since you will not have the chance to talk to company management and ask questions, and you have limited time, please do not lose time in trying to forecast the future with great accuracy. The only thing I want is consistency.  (e.g. lots of growth with no capex is inconsistent)

  
Complete the “References List Worksheet,” by accurately formatting the following nine references. These references should be formatted according to APA requirements within the chart and in the reference list below. Please be mindful of capitalization, italics, and punctuation. These references must all be from the past 5 years. Do not include topic Resources or Class Resources in your references. Include all of the following types of references:
Four peer-reviewed journal articles (include at       least one article for each of the three pillars: servant leadership,       ethics, and entrepreneurism and one for free market principles)
One book
One webpage
One dissertation/thesis from a database
One edited book chapter
Then, create a title page and a references list for the above resources. Submit the completed “References List Worksheet” to the dropbox.
Download and review the “References List Worksheet” found directly below the assignment instructions under “Attachments” for guidance on completing this assignment. Note: You must download this document, “References List Worksheet,” not just view it in your browser, in order to view all of the information in the document
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. 

 
Chapter 3 should include:
Research design and Model
Internal and External Validity
Research questions and hypotheses
Population and sample
Instrumentation
Data Collection
Data Analysis
You must submit a document with a title page with honor code statement and digital signature,  about 10-15 pages of content and at least 10 credible academic sources. 90% of the sources must be academic peer-reviewed journals.
Submit this assignment no later than Sunday 11:59 PM EST/EDT.
Late assignments will be assessed 5 points per day including weekends.