FIN 515 Enhance teaching--tutorialrank.com

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FIN 515 Enhance teaching--tutorialrank.com
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Complete Project Financial Statement
Analysis (Nike) For more course tutorials
visit www.tutorialrank.com   FIN 515 Week 2
Project Financial Statement Analysis (Nike) FIN
515 Week 3 Project Financial Statement Analysis
(Nike) FIN 515 Week 6 Project Calculating the
Weighted Average Cost of Capital (Nike) FIN 515
Week 7 Project Capital Budgeting Analysis (Nike)
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Course Project 1 and 2 For more course
tutorials visit www.tutorialrank.com   This Tutori
al contains    Week 3 Course Project (3 Sets) Week
  6 Course Project (2 Sets)
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Entire Course For more course tutorials
visit www.tutorialrank.com   This tutorial doesnt 
contain Final Exam Guide   FIN 515 Week 1 DQ 1 Acc
ounting Versus Finance FIN 515 Week 1 DQ 2 Financi
al Analysis FIN 515 Week 1 Quiz FIN 515 Week 1 Qui
z (New) FIN 515 Week 1 Problem Set FIN 515 Week 2 
DQ 1 TVM Pass-a-Problem
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Final Exam (all 3 Sets) For more course
tutorials visit www.tutorialrank.com   FIN 515 Fin
al Exam Set 1 FIN 515 Final Exam Set 2 FIN 515 Fin
al Exam Set 3
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Final Exam Set 1 For more course
tutorials visit www.tutorialrank.com 1. (TCO A) In
 the United States, which of the following types o
f organization has the greatest revenue in total? 
(Points  5)a. Sole proprietorshipb. C corporati
onc. S corporationd. Limited partnership  1.1) W
hich of the following is not a step in the WACC va
luation method?A) Compute the value of the invest
ment, including the tax benefit of leverage, by di
scounting the free cash flow of the investment usi
ng 
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Final Exam Set 2 For more course
tutorials visit www.tutorialrank.com   Question 1.
1. (TCO A) Double taxation is a drawback for which
 of the following types of business organization e
xcept?  Question 2.2. (TCO A) Sole proprietorships
 have all of the following advantages except  Ques
tion 3.3. (TCO B) Which of the following would cau
se the present value of an annuity to decrease?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Final Exam Set 3 For more course
tutorials visit www.tutorialrank.com 1. (TCO A) In
 the United States, which of the following types o
f organization has the greatest revenue in total? 
(Points  5)        Sole proprietorship        C c
orporation        S corporation        Limited par
tnership
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Midterm Exam All 3 Sets For more course
tutorials visit www.tutorialrank.com Question
included in these Midterms could be found on this
link FIN 515 Midterm Exam Set 1
(New) Linkhttp//www.tutorialrank.com/FIN/FIN-515
-DEVRY/product-14582-FIN-515-Midterm-Exam-Set-1-(N
ew) FIN 515 Midterm Exam Set 2 (New) Linkhttp//w
ww.tutorialrank.com/FIN/FIN-515-DEVRY/product-1458
3-FIN-515-Midterm-Exam-Set-2-(New) FIN 515 Week 4
Midterm Linkhttp//www.tutorialrank.com/FIN/FIN-5
15-DEVRY/product-13745-FIN-515-Week-4-Midterm  
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Midterm Exam Set 1 (New) For more
course tutorials visit www.tutorialrank.com Questi
on 1.      Question         (TCO G) If Company A
and Company B are in the same industry and use
the same production method, and Company As asset
turnover is higher than that of Company B, then
all else equal we can conclude Question 2.     
Question         (TCO G) Suppose Novak Company
experienced a reduction in its ROE over the last
year. This fall could be attributed to
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Midterm Exam Set 2 (New) For more
course tutorials visit www.tutorialrank.com Questi
on 1. 1. (TCO G) If Company A and Company B are
in the same industry and use the same production
method, and Company As asset turnover is higher
than that of Company B, then all else equal we
can conclude (Points 10) Question 2. 2. (TCO G)
If Moon Corporation has an increase in sales,
which of the following would result in no change
in its EBIT margin? (Points 10) Question 3. 3.
(TCO B) If today you put 10,000 into an account
paying 10 annually, how much will there be in
the account after 5 years? Show your work.
(Points 20)
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 1 DQ 1 Accounting Versus Finance
For more course tutorials visit www.tutorialrank.
com   Accounting Versus Finance (graded) Much of
the analysis done by financial managers is based
on numbers that are different from what would
seem to the corresponding numbers presented in
the financial statements. This difference is not
due to any kind of cooking the books or other
attempts to mislead anyone. One example is the
use of market value rather than historical cost
in the valuation of assets. What are some other
examples of the differences between financial
management and financial accounting?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 1 DQ 2 Financial Analysis For more
course tutorials visit www.tutorialrank.com   Fina
ncial Analysis (graded) In this discussion, we
will be working with the variety of financial
analysis tools available to us. Let's start with
the DuPont Identity introduced in Chapter 2 of
the text. For your initial post, locate the
financial statements for two firms in one
industry.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 1 Homework Problem For more course
tutorials visit www.tutorialrank.com Week 1 Mini
Case Assume that you recently graduated and have
just reported to work as an investment advisor at
the brokerage firm of Balik and Kiefer Inc. One
of the firms clients is Michelle DellaTorre, a
professional tennis player who has just come to
the United States from Chile.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 1 Problem Set For more course
tutorials visit www.tutorialrank.com Chapter
1 The Corporation 1-1.      What is the most
important difference between a corporation and
all other organizational forms? 1-2.      What
does the phrase limited liability mean in a
corporate context? 1-3.      Which organizational
forms give their owners limited liability?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 1 Quiz (New) For more course
tutorials visit www.tutorialrank.com Question 1. (
TCO G) The lecture says that some ratios
typically are better when they are higher and
some of the ratios are better when they are
lower. Pick a ratio for which a lower number
typically would be preferred and describe a
situation, in which a higher number for that
ratio would be preferred
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 1 Quiz For more course tutorials
visit www.tutorialrank.com Question 1 (TCO G)
Which do you think provides a more valid measure
of how a company is doing, comparison of current
results with historical results or comparison of
current results with the current results of
another company? Question 2 (TCO G) Barnes Corps
total assets at the end of last year were
415,000,000 and its net income after taxes was
17,750,000. What was its return on total assets?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 1-7 DQs For more course tutorials
visit www.tutorialrank.com   FIN 515 Week 1 DQ 1 A
ccounting Versus Finance FIN 515 Week 1 DQ 2 Finan
cial Analysis FIN 515 Week 2 DQ 1 TVM Pass-a-Probl
em FIN 515 Week 2 DQ 2 Assumptions of the TVM Mode
l  FIN 515 Week 3 DQ 1 Examples of Capital Expendi
ture From Your Industry
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 2 DQ 1 TVM Pass-a-Problem For more
course tutorials visit www.tutorialrank.com   TVM
Pass-a-Problem (graded)            This week,
the lecture provided some examples of TVM problem
scenarios. For your first post, provide a story
problem that can be solved using one or more of
the TVM calculations.            Your second
post can be a description of how the problem
posed by another student can be solved.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 2 DQ 2 Assumptions of the TVM Model
For more course tutorials visit www.tutorialrank.
com   Assumptions of the TVM Model (graded) What
are some of the assumptions behind the TVM
calculations? How do these assumptions limit our
application of these calculations?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 2 Homework Problems For more
course tutorials visit www.tutorialrank.com FIN
515 Week 2 Homework Problems   (3-1) Days Sales
Outstanding Greene Sisters has a DSO of 20 days.
The companys average daily sales are 20,000.
What is the level of its accounts receivable?
Assume there are 365 days in a year.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 2 Problem Set For more course
tutorials visit www.tutorialrank.com   3.Calculate
the future value of 2000 in a. five years at an
interest rate of 5 per year b. ten years at an
interest rate of 5 per year and c. five years
at an interest rate of 10 per year. d. Why is
the amount of interest earned in part (a) less
than half the amount of interest earned in part
(b)?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 2 Project Financial Statement
Analysis (Nike) For more course tutorials
visit www.tutorialrank.com   As the new financial
manager of your company, the CEO has asked your
team to provide a brief analysis of the companys
performance to present at the upcoming board of
directors meeting. The CEO has asked that you
assess the companys performance against your
companys industry. Thus, to do this, you will
need to use ratio analysis or other techniques to
determine areas in which the company is doing
well, as well as areas that management should
look at.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 2 Quiz For more course tutorials
visit www.tutorialrank.com   FIN 515 Week 2
Quiz Question 1 (TCO B) You are a trust fund
baby. Your trust fund is currently worth
1,234,000. The problem is the terms of the trust
dont allow you to receive any of the money until
you are 27. You are now 21. The fund is earning
7.7 per year. How much will the fund be worth
when you are 27 and too old to enjoy it?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 3 Course Project 1 (3 Papers) For
more course tutorials visit www.tutorialrank.com T
his Tutorial contains 3 Different Course
Projects First Course Project The purpose of this
project is to help you develop skills not only in
performing the calculations behind financial
analysis but interpreting the numbers as
well.You are to pick a company.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 3 DQ 1 Examples of Capital
Expenditure From Your Industry For more course
tutorials visit www.tutorialrank.com FIN 515 Week
3 DQ 1 Examples of Capital Expenditure From Your
Industry (graded) Describe a potential capital
expenditure project from the industry in which
you now work or an industry in which you are
interested. What is the project? Describe and
provide an approximate value of the initial cash
flow. Describe and provide an approximate value
of the annual cash flows. Provide an estimation
of the life of the project, as well as the exit
costs.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 3 DQ 2 Capital Budgeting Terms and
Considerations For more course tutorials
visit www.tutorialrank.com   Capital Budgeting
Terms and Considerations Our textbook and lecture
discuss some considerations that should be taken
into account when doing capital budgeting. How
will these considerations affect the project you
described in the other topic? Incremental
earnings, interest expenses, taxes, opportunity
costs, externalities, sunk costs, cannibalization
or erosion, depreciation, and salvage value as
well as others.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 3 Homework Problems For more
course tutorials visit www.tutorialrank.com   FIN
515 Week 3 Homework Problems 5-1 Bond Valuation
with Annual payments Jackson Corporations bonds
have 12 years remaining to maturity. Interest is
paid annually, the bonds have a 1,000 par value,
and the coupon interest rate is 8. The bonds
have a yield to maturity of 9. What is the
current market price of these bonds?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 3 Problem Set For more course
tutorials visit www.tutorialrank.com   Week 3
Problem Set 1. Your brother wants to borrow
10,000 from you. He has offered to pay you back
12,000 in a year. If the cost of capital of this
investment opportunity is 10, what is its NPV?
Should you undertake the investment opportunity?
Calculate the IRR and use it to determine the
maximum deviation allowable in the cost of
capital estimate to leave the decision unchanged.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 3 Project Financial Statement
Analysis (Nike) For more course tutorials
visit www.tutorialrank.com Continuing with your
Week 2 Project, now your CEO after reviewing your
earlier Week 2 PowerPoint submission has asked
your team to complete an additional benchmark
analysis task, before the upcoming Board Meeting.
For this part of the project your team needs to
do an analysis of the market and operational
characteristics of your company and its financial
profile. For this project, your team will need to
select four companies that are direct competitors
of your company. This sample selection should be
based on revenue, profitability, market
capitalization, market segment and product
characteristics.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 3 Quiz For more course tutorials
visit www.tutorialrank.com   Company A has a beta
of 2.77. Company B has a beta of .73. Company C
has a beta of .90. The risk free rate is 6 and
the market risk premium is 4. What is the
expected return of investing in Company B? stock
portfolio consists of only two stocks. You have
15,000 in Company A and 25,000 in Company B.
Company A has an actual return of -8 and Company
B has a return of 12. What is the return on your
portfolio? 
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 4 DQ 1 Market Value of a Stock
Versus DDM Value For more course tutorials
visit www.tutorialrank.com   Market Value of a
Stock Versus DDM Value (graded) Select a stock in
which you are interested. Calculate its per share
value using the DDM or another method discussed
in Chapter 9. Then find the current market value
of a share of the stock. Compare that two. Can
you explain the similarity or difference?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 4 DQ 2 Differences in YTM of Real
Life Bonds For more course tutorials
visit www.tutorialrank.com   Differences in YTM
of Real Life Bonds (graded)   Do some research,
probably on the Web, and find some bonds with
differing yields to maturity (YTM). How do you
explain the difference? Both the lecture and the
textbook discuss some factors that may lead to
this difference.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 4 Homework Problems For more
course tutorials visit www.tutorialrank.com (6-5).
 Expected Return Discrete Distribution      A
stocks return has the following
distribution                                     
                                6-1). Portfolio
Beta                                              
                  Your investment club has only
two stocks in its portfolio. 20,000 is invested
in a stock with a beta of 0.7, and 35,000 is
invested in a stock with a beta of 1.3. What is
the portfolios beta?                             
                                      
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 4 Midterm For more course
tutorials visit www.tutorialrank.com Question 1. Q
uestion (TCO G) The firm's asset turnover
measures Question 2. Question (TCO G) If Moon
Corporation has an increase in sales, which of
the following would result in no change in its
EBIT margin?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 4 Problem Set For more course
tutorials visit www.tutorialrank.com   Bonds-1.
Interest on a certain issue of bonds is paid
annually with a coupon rate of 8. The bonds have
a par value of 1,000. The yield to maturity is
9. What is the current market piece of these
bonds? The bonds will mature in 5 years.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 5 DQ 1 Calculating WACC for a Real
Firm For more course tutorials
visit www.tutorialrank.com   Calculating WACC for
a Real Firm (graded) The Weighted Average Cost of
Capital (WACC) for a firm can be calculated or
found through research. Select two firms in the
same industry. The industry may be that in which
you currently work or it may be an industry in
which you are interested. Calculate or find the
WACC for the two firms. How do the WACCs compare?
Are the WACCs what you would expect? What causes
the differences between the two firms' WACCs?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 5 DQ 2 Finding Stock Values for Real
Stocks Using Beta and the SML For more course
tutorials visit www.tutorialrank.com   Finding
Stock Values for Real Stocks Using Beta and the
SML (graded) Our second discussion topic concerns
the calculation of stock values using the Capital
Asset Pricing Model (CAPM). We will start with a
discussion of risk and work towards practical
application of the model. The textbook provides a
list of betas for a selection of stocks. Choose a
few firms from that list and discuss whether the
betas are what you would expect. Be sure to
explain why or why not.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 5 Homework Problems For more
course tutorials visit www.tutorialrank.com   (10-
8) NPVs, IRRs, and MIRRs for Independent
Projects Edelman Engineering is considering
including two pieces of equipment, a truck and an
overhead pulley system, in this years capital
budget. The projects are independent. The cash
outlay for the truck is 17,100 and that for the
pulley system is 22,430. The firms cost of
capital is 14. After-tax cash flows, including
depreciation, are as follows
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 5 problem Set For more course
tutorials visit www.tutorialrank.com   Chapter 10
(pages 345348) 4. You bought a stock one year
ago for 50 per share and sold it today for 55
per share. It paid a 1 per share dividend
today. a.      What was your realized
return? b.     How much of the return came from
dividend yield and how much came from capital
gain?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 5 Quiz For more course tutorials
visit www.tutorialrank.com   Question 1 (TCO C)
Company A has a beta of 2.77. Company B has a
beta of .73. Company C has a beta of .90. The
risk free rate is 6 and the market risk premium
is 4. What is the expected return of investing
in Company B? Show your work.
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 6 Course Project 2 (2 Different
Projects) For more course tutorials
visit www.tutorialrank.com   This Tutorial contain
s 2 Different Course Projects Second ProjectThe p
urpose of this project is for you to have some pra
ctice working with financial concepts in the real 
world. This will involve integrating some material
 from throughout the course. The project will also
 involve the development of your own approach to d
oing the work. The project does not provide a step
-by-step procedure for you to follow.Your task is
 to determine the WACC for a given firm using what
 you know about WACC as well as data you can find 
through research. 
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 6 DQ 1 Examples of Real Agency
Problems and How They Could Have Been Prevented
For more course tutorials visit www.tutorialrank.
com   Examples of Real Agency Problems and How The
y Could Have Been Prevented (graded)   Do some res
earch and find some historical or current real lif
e examples of agency problems. 
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 6 DQ 2 The Role of Financial
Managers in Ethical Corporate Governance For
more course tutorials visit www.tutorialrank.com  
The Role of Financial Managers in Ethical Corpora
te Governance (graded)    Does the financial manag
er have a greater responsibility or a lesser respo
nsibility for maintaining ethical corporate govern
ance?  Why or why not? What is or will be your app
roach to ethical corporate governance now or in th
e future?
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 6 Homework Problems For more
course tutorials visit www.tutorialrank.com   Week
6 (121) AFN Equation Baxter Video Productss
sales are expected to increase by 20 from 5
million in 2010 to 6 million in 2011. Its assets
totaled 3 million at the end of 2010. Baxter is
already at full capacity, so its assets must grow
at the same rate as projected sales. At the end
of 2010, current liabilities were 1 million,
consisting of 250,000 of accounts payable,
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FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 6 Problem Set For more course
tutorials visit www.tutorialrank.com   Chapter 29 
(pages 983-984)   1.What inherent characteristic 
of corporations creates the need for a system of c
hecks on manager behavior?   2. What are some exam
ples of agency problems?
47
FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 6 Project Calculating the Weighted
Average Cost of Capital (Nike) For more course
tutorials visit www.tutorialrank.com   Once
again, your team is the key financial management
team for your company. The companys CEO is now
looking to expand its operations by investing in
new property, plant, and equipment. In order to
effectively evaluate the projects effectiveness,
you have been asked to determine the firms
weighted average cost of capital. To determine
the cost of capital, here is what you have been
asked to do.
48
FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 7 DQ 1 Industry Approaches to
Working Capital Financing For more course
tutorials visit www.tutorialrank.com   Industry Ap
proaches to Working Capital Financing (graded)   D
o some research on two firms in your industry or a
n industry in which you are interested.  Can you g
et an idea of their working capital management pol
icies from publicly available information? 
49
FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 7 DQ 2 Your Preference for Working
Capital Management Policy For more course
tutorials visit www.tutorialrank.com   Your Prefer
ence for Working Capital Management Policy (graded
)   Consider the company you work for or a company
 in which you are interested.  Also, do some resea
rch to find some current cost estimates for variou
s means of financing working capital.  What would 
be your recommendation to the company for financin
g its working capital needs? 
50
FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 7 Homework Problems For more course
tutorials visit www.tutorialrank.com   Week
7 (16-1) Cash Management Williams Sons last
year reported sales of 10 million and an
inventory turnover ratio of 2. The company is now
adopting a new inventory system. If the new
system is able to reduce the firms inventory
level and increase the firms inventory turnover
ratio to 5 while maintaining the same level of
sales, how much cash will be freed up?
51
FIN 515 Enhance teaching--tutorialrank.com
 FIN 515 Week 7 Problem Set For more course
tutorials visit www.tutorialrank.com Chapter 26 (
page 903) 1. Answer the following questions a. W
hat is the difference between a firms cash cycle 
and its operating cycle?   2. How will a firms ca
sh cycle be affected if a firm increases its inven
tory, all else being equal?
52
FIN 515 Enhance teaching--tutorialrank.com
FIN 515 Week 7 Project Capital Budgeting Analysis
(Nike) For more course tutorials
visit www.tutorialrank.com   Once again, your
team is the key financial management team for
your company. The companys CEO is now looking to
expand its operations by investing in new
property, plant, and equipment. Your team
recently calculated the WACC for your company,
which will now be useful in evaluating the
projects effectiveness. You are now asked to do
some capital budgeting analysis that will
determine whether the company should invest in
these new plant assets. 
53
FIN 515 Enhance teaching--tutorialrank.com
aa