FIN 571 UOP Course
Research-Expert
FIN/571 Foundations of Corporate
Finance
Copyright ©2014 by University of Phoenix. All rights reserved.
Course Description
This course applies corporate finance concepts to make management decisions. Students learn methods to evaluate financial alternatives and create financial plans. Other topics include cash flows, business valuation, working capital, capital budgets, and long-term financing.
Course Dates
Sep 29, 2014 - Nov 09, 2014
Faculty Information
Name : WILLIAM STOKES (PRIMARY)
Email Address :
Phone Number : See Policies
Policies
Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents (both located on your student website):
•Academic Policies
•Instructor Policies
University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.
Academic Resources
• WileyPLUS Student Support
Instructions
<li><b>Review</b>the<span>WileyPLUS Student Support document.</span></li> SupportingMaterial
•WileyPLUS Student Support
•Student Supplemental Textbook Materials
Instructions
•FIN/571 - Corporate FinanceText Resources for StudentsFundamentals of Corporate Finance, 2/e, Parrino, Kidwell, & Bates SupportingMaterial
•John Wiley & Sons Materials
Get Ready for Class
• Familiarize yourself with the textbook used in this course.
Instructions
• Parrino, R., Kidwell, D. S, & Bates, T. W. (2012). Fundamentals of corporate finance (2nd ed). Hoboken, NJ: Wiley.
Course Materials
All electronic materials are available on your student website.
Foundations of Finance
Tasks
•Read the WileyPLUS Student Support
•Review the Week 1 Study Guide.
•Familiarize yourself with the textbook used in this course.
Objectives/Competencies
Foundations of Finance
1.1 Differentiate between financial statements.
1.2 Differentiate between legal and tax structures for businesses.
1.3 Identify the axioms of finance.
Required Learning Activities
• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 1
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 2
Instructions
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•WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 3
•WileyPLUS Gradebook: Week 1 Gradebook
Instructions
•View your Week 1 grade.
•Week 1 Electronic Reserve Videos
Instructions
•View the Week 1 Electronic Reserve Videos. Support Material
•Week 1 Electronic Reserve Videos
•Week 1 Discussion Question 1
•Week 1 Discussion Question 2
See the student website for additional recommended learning activities that may help you learn this week's concepts.
Assignments
Title | Type | Due | Points |
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Week 1 Participation | Individual | May 05, 2014 11:59 PM | 2 |
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Participate in the class discussion. |
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WileyPLUS Assignment: Week 1 Practice Quiz | Individual | May 05, 2014 11:59 PM | 2 |
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Completethe WileyPLUSWeek 1 Practice Quiz. |
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Individual | May 05, 2014 11:59 PM | 4 |
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Watch the "Your Business Structure" and "Corporate Business |
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Structures" videos on the Electronics Reserve Readings page. |
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Identify the different business structures. |
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Write a 350 to 700 word explanation of how each business structure |
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might and might not be advantageous. |
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Click the Assignment Files tab to submit your assignment. |
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Week2 May, 06 - May, 12
Financial Statement Analysis
Tasks
• Review the Week 2 Study Guide.
Objectives/Competencies
Financial Statement Analysis
2.1 Calculate financial ratios.
2.2 Interpret financial ratio results against historical data and industry benchmarks.
Required Learning Activities
• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 4
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 18
Instructions
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• WileyPLUS Gradebook: Week 2 Gradebook
Instructions
•View your Week 2 grade.
•Week 2 Discussion Question 1
•Week 2 Discussion Question 2
See the student website for additional recommended learning activities that may help you learn this week's concepts.
Assignments
Title | Type | Due | Points |
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Week 2 Participation | Individual | May 12, 2014 11:59 PM | 2 |
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Participate in the class discussion. |
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WileyPLUS Assignment: Week 2 Practice Quiz | Individual | May 12, 2014 11:59 PM | 2 |
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CompletetheWileyPLUSWeek 2Practice Quiz. |
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Individual | May 12, 2014 11:59 PM | 5 |
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Write a 350 to 700 word response to the following e-mail: |
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Dear Consultant, |
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I am currently starting a business and developing my business plan. I'm |
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in need of some advice on how to start forming my business. I am not |
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sure exactly how it will be financed and whether or not I want to take on |
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partners. I am interested and willing to learn the intricacies of my |
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options to determine how to best proceed with my plan. |
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Please advise on what my options are, the advantages and |
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disadvantages of each, and possible tax consequences for each |
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scenario? |
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Respectfully, |
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John Owner |
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Click the Assignment Files tab to submit your assignment. |
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Learning Team Reflection | Learning | May 12, 2014 11:59 PM | 4 |
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Read the Ethics case, "A Sad Tale: The Demise of Arthur Anderson" | team |
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located in the WileyPLUS Week Fundamentals of Corporate Finance |
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Chapter readings. |
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Discuss the mistakes made by Arthur Anderson and potential actions |
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that leadership could have taken to prevent the organizational failure. |
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Write a 350- to 700-word summary of your discussion. |
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Click the Assignment Files tab to submit your assignment. |
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Week3 May, 13 - May, 19
Working Capital Management
Tasks
• Review the Week 3 Study Guide.
Objectives/Competencies
Working Capital Management
3.1 Create pro forma statements.
3.2 Determine short-term and long-term financing needs.
3.3 Determine strategies to manage working capital.
Required Learning Activities
• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 14
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 15
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 16
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 17
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 19
Instructions
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• WileyPLUS Gradebook: Week 3 Gradebook
Instructions
•View your Week 3 grade.
•Week 3 Discussion Question 1
•Week 3 Discussion Question 2
See the student website for additional recommended learning activities that may help you learn this week's concepts.
Assignments
Title | Type | Due | Points |
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Week 3 Participation | Individual | May 19, 2014 11:59 PM | 2 |
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Participate in the class discussion. |
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WileyPLUS Assignment: Week 3 Practice Quiz | Individual | May 19, 2014 11:59 PM | 2 |
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Complete the WileyPLUS Week 3 Practice Quiz. |
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Interpreting Financial Results | Individual | May 19, 2014 11:59 PM | 6 |
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Resource: Financial Statements for the company assigned by your |
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instructor in Week 2. |
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Review the assigned company's financial statements from the past |
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three years. |
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Calculate the financial ratios for the assigned company's financial |
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statements, and then interpret those results against company historical |
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data as well as industry benchmarks: |
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• Compare the financial ratios with each of the preceding three (3) |
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years (e.g. 2014 with 2013; 2013 with 2012; and 2012 with 2011). |
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• Compare the calculated financial ratios against the industry |
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benchmarks for the industry of your assigned company. |
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Write a 500 to 750 word summary of your analysis. |
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Show financial calculations where appropriate. |
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Click the Assignment Files tab to submit your assignment. |
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Learning Team Reflection | Learning | May 19, 2014 11:59 PM | 4 |
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Watch the "Concept Review Video: Working Capital Management" | team |
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video located in theWileyPLUS Assignment: Week 3 Videos Activity. |
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Discuss strategies these business owners used to manage their |
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working capital. |
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Write a 350-700 word summary of your discussion. |
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Click the Assignment Files tab to submit your assignment. |
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Business Valuation
Tasks
• Review the Week 4 Study Guide.
Objectives/Competencies
Business Valuation
4.1 Calculate present and future values of cash flows and annuities.
4.2 Calculate the valuation of stocks and bonds.
4.3 Calculate capital project cash flows.
Required Learning Activities
•WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 5
•WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 6
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 7
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 8
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 9
Instructions
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• WileyPLUS Gradebook: Week 4 Gradebook
Instructions
•View your Week 4 grade.
•Week 4 Discussion Question 1
•Week 4 Discussion Question 2
See the student website for additional recommended learning activities that may help you learn this week's concepts.
Assignments
Title | Type | Due | Points |
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Week 4 Participation | Individual | May 26, 2014 11:59 PM | 2 |
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Participate in the class discussion. |
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WileyPLUS Assignment: Week 4 Practice Quiz | Individual | May 26, 2014 11:59 PM | 2 |
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Complete the WileyPLUS Week 4 Practice Quiz |
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Individual | May 26, 2014 11:59 PM | 6 |
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Decide upon an initiative you want to implement that would increase |
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sales over the next five years, (for example, market another product, |
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corporate expansion, and so on). |
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Using the sample financial statements, create pro forma statements of |
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five year projections that are clear, concise, and easy to read. Be sure |
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to double check the calculations in your pro forma statements. Make |
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assumptions that support each line item increase or decrease for your |
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forecasted statements. |
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Discuss and interpret the financials in relation to the initiative. Make |
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recommendations on potential discretionary financing needs. |
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Write a 350 - 700 word analysis of the company's short term and long |
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term financing needs and determine strategies for the company to |
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manage working capital. |
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Click the Assignment Files tab to submit your assignment. |
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| Learning |
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Learning Team Reflection | May 26, 2014 11:59 PM | 4 |
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Watch the "Concept Review Video: Stock Valuation" video located in | team |
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the WileyPLUS Assignment: Week 4 Videos Activity. |
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Discuss how markets and investors value a stock. |
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Write a 350-700 word summary of your discussion. |
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Click the Assignment Files tab to submit your assignment. |
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Capital Financing and Risk Analysis
Tasks
• Review the Week 5 Study Guide.
Objectives/Competencies
Capital Financing and Risk Analysis
5.1 Calculate weighted average cost of capital (WACC).
5.2 Use the capital asset pricing model (CAPM) to calculate the risk adjusted rate of return.
5.3 Apply principles of capital budgeting to select profitable projects.
Required Learning Activities
• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 7
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 10
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 11
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 12
Instructions
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•WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 13
•WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 20
Instructions
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• WileyPLUS Gradebook: Week 5 Gradebook
Instructions
•View your Week 5 grade.
•Harvard Business Simulation
Instructions
•Review the Harvard Business Simulation to prepare for your Working Capital Simulation: Managing Growth assignment due in Week 6. Support Material
•Working Capital Simulation: Managing Growth Assignment
•Week 5 Discussion Question 1
•Week 5 Discussion Question 2
See the student website for additional recommended learning activities that may help you learn this week's concepts.
Assignments
Title | Type | Due | Points |
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Week 5 Participation | Individual | Jun 02, 2014 11:59 PM | 2 |
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Participate in the class discussion. |
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WileyPLUS Assignment: Week 5 Practice Quiz | Individual | Jun 02, 2014 11:59 PM | 2 |
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Complete the WileyPLUS Week 5 Practice Quiz. |
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Individual | Jun 02, 2014 11:59 PM | 6 |
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Complete the following in WileyPLUS: |
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• Problem 5.17 |
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• Problem 5.21 |
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• Problem 6.19 |
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• Problem 6.27 |
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• Problem 7.16 |
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• Problem 8.24 |
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• Problem 9.15 |
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Learning Team Reflection | Learning | Jun 02, 2014 11:59 PM | 4 |
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Watch the "Concept Review Video: Cost of Capital" video located in the
WileyPLUS Assignment: Week 5 Videos Activity.
Discuss some of the corporate finance challenges faced by this company.
Write a 350-700 word summary of your discussion.
Click the Assignment Files tab to submit your assignment.
Week6 Jun, 03 - Jun, 09
Applications of Finance
Tasks
• Review the Week 6 Study Guide.
Objectives/Competencies
Applications of Finance
6.1 Analyze forecasted financial information for business planning.
Required Learning Activities
• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 19
Instructions
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• WileyPLUS Assignment: Fundamentals of Corporate Finance, Ch. 21
Instructions
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• WileyPLUS Gradebook: Week 6 Gradebook
Instructions
•View your Week 6 grade.
•Week 6 Discussion Question 1
•Week 6 Discussion Question 2
See the student website for additional recommended learning activities that may help you learn this week's concepts.
Assignments
Title | Type | Due | Points |
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Week 6 Participation | Individual | Jun 09, 2014 11:59 PM | 2 |
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Participate in the class discussion. |
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WileyPLUS Assignment: Week 6 Assignment | Individual | Jun 09, 2014 11:59 PM | 6 |
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| Complete the following in WileyPLUS: |
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| * Problem 10.14 |
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| * Problem 11.20 |
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| * Problem 11.24 |
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| * Problem 12.24 |
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| * Problem 13.11 |
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| WileyPLUS Assignment: Week 6 Practice Quiz | Individual | Jun 09, 2014 11:59 PM | 2 |
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| Complete the WileyPLUS Week 6 Practice Quiz. |
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| Learning Team Reflection | Learning | Jun 09, 2014 11:59 PM | 4 |
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| team |
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Watch the "Corporate Finance Video: Stable Money Makers" located in the WileyPLUS Assignment: Week 6 Videos Activity.
Identify a capital improvement that could help Betty with her Alpaca business.
Write a summary of no more than 700 words explaining how the capital improvement you identified could help the business.
Click the Assignment Files tab to submit your assignment.
Individual Jun 09, 2014 11:59 PM 8 |
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Resources: |
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Harvard Business Publishing: Working Capital Simulation: Managing |
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Growth Assignment |
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Ch. 1 - 21 ofFundamentals of Corporate Finance |
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WileyPLUS Assignments |
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All additional resources from each week |
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Review the following scenario: |
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Acting as the CEO of a small company, you will apply the principles of capital budgeting to invest in growth and cash flow improvement opportunities in three phases over 10 simulated years. Each opportunity has a unique financial profile and you must analyze the effects on working capital. Examples of opportunities include taking on new customers, capitalizing on supplier discounts, and reducing inventory.
You must understand how the income statement, balance sheet, and statement of cash flows are interconnected and be able to analyze forecasted financial information to consider possible effects of each opportunity on the firm's financial position. The company operates on thin margins with a constrained cash position and limited available credit. You must optimize use of internal and external credit as you balance the desire for growth with the need for maintaining liquidity.
Sign-in to the simulation and review each of the following:
• Welcome Statement
• How to Play
• Terminology Primer
• More Details (this includes information to help you understand how to play the simulation)
Write a paper of no more than 1,400 words that analyzes your decisions during each phase (1-3) and how they influenced each of the following final outcomes (metrics) of SNC:
• Sales
• EBIT
• Net Income
• Free Cash Flow
• Total Firm Value
Address the following in your paper:
• A summary of your decisions and why you made them
• How they affected SNC's working capital
• What general effects are associated with limited access to financing
| Include scholarly references (in addition to your course textbook and |
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| simulation materials) to support your positions. |
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| Format your paper consistent with APA guidelines. |
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| Click the Assignment Files tab to submit your assignment. |
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| Final Examination | Individual | Jun 09, 2014 11:59 PM | 15 |
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| Complete the Final Examination. You are allowed one attempt to |
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| complete the examination, which is timed and must be completed in 3 |
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| hours. Results are auto-generated. |
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