Essay   Students should select one of the topics from the list below (or an alternate topic preapproved by the instructor. The essay is due in the individual’s Assignments Folder as indicated in the Course Guide/Schedule.   The essay should demonstrate a student’s ability to integrate and synthesize course concepts with selected readings to communicate his/her understanding of financial management concepts their application in organizations.  […]

At the time it defaulted on its interest payments and filed for bankruptcy, the McDaniel Mining Company had the following balance sheet (in thousands of dollars). The court, after trying unsuccessfully to reorganize the firm, decided that the only recourse was liquidation under Chapter 7. Sale of the fixed assets, which were pledged as collateral to the mortgage bondholders, brought in $400,000, while the current […]

1. You are manager of a district that has just hired several recent university and college graduates. Most of these people are starting their first full-time job, although most or all have held part-time and summer positions in the past. They have general knowledge of their particular skill area (accounting, engineering, marketing, etc.) but know relatively little about specific business practices and developments. Explain how […]

1. Distinguish among the following risk measurement terms: beta, r-squared, covariance, and correlation coefficient  2. Define the nature of probability distributions and the two types associated with them  3. Discuss the importance of an investment advisor being able to explain to his or her client why a mutual fund characterized by a very low standard deviation could be riskier than a similar type fund with […]

Assignment 1: Capital Budgeting and Estimating Cash Flows General Questions: Respond to the following questions thoroughly, in 150-300 words for each question. Use your textbook as your first and major reference. What are the pros and cons of the decision rules for the NPV, the IRR, the MIRR, and the payback methods? Which is the most accurate method and why? What are sunk costs? Should […]

Week 4 Hand-in Assignment A consulting firm produces a service that requires the use of labor and materials. Each unit of service requires a standard labor time of 30 minutes (0.5 hours). The average pay rate for a labor hour is £20. The consulting firm considers all materials that are required for the service as variable overheads (OH), the cost of which is directly associated […]

The company’s beta is 0.80, the risk free rate is 3.0%, and the market rate of return is 11.5%. Last year’s dividend was $2.35, the current stock price is $88.10, and dividends have been growing at a rate of 5.5% annually. The company pays a rate of 2.25% on its short term debt and 5.75% on its long term debt. The preferred stock dividend paid […]

Question – Payout Policy   Here are key financial data for Microsoft Corporation (MSFT):   Estimated earnings for June 2015 $22.41 billion Number of shares outstanding 8.24 billion Target payout ratio 48.00% Closing stock price, October 3, 2014 $46.09 Estimated stock price, June 30, 2015 $48.25   Suppose Microsoft is considering some alternative payout plans for the company’s shareholders to be implemented at the end […]

  Select a program you would like to see implemented in the local government in which you reside, or select an existing program for which you would recommend changes be implemented.  As you contemplate implementation of the program, refer to the appropriate budget practice(s) as you determine which method(s) of evaluation you will use.  Select at least three methods of evaluation.  Prepare and submit a […]

Many new college students face obstacles throughout their academic careers. Being a successful student requires you to learn or continue to develop many skills, including time management, studying, and an understanding of learning styles and college-level work. One way to help yourself achieve your academic goals is to have a success plan in place. To develop your success plan, write at least 4–5 paragraphs answering […]