Week 1 Discussion 1 & 2

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BUS592Week1-DiscussionForum1.docx

Week 1 - Discussion Forum 1

Required Resources

Text

Block, S. B., Hirt, G. A., & Danielson, B. R. (2019).  Foundations of financial management (17th ed.). Retrieved from https://www.vitalsource.com/

· Chapter 1: The Goals and Activities of Financial Management

· Chapter 2: Review of Accounting

· Chapter 3: Financial Analysis

Book

Welch, J & S (2015).  The real-life MBA: Your no-bs guide to winning the game, building a team, and growing your career . Retrieved from https://www.vitalsource.com/

· Chapter 5: Fear of Finance…No More

Web Page

John Deere. (n.d.). Investor relations (Links to an external site.). Retrieved from https://investor.deere.com

· This website provides financial information about Deere & Company and will assist you in your Analyzing the Statement of Cash Flows discussion forum this week. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

 

Recommended Resources

Article

Investopedia. (2012, November 28). Analyze cash flow the easy way (Links to an external site.)Forbes. Retrieved from https://www.forbes.com/sites/investopedia/2012/11/28/analyze-cash-flow-the-easy-way/#730b81d61e62

· This article provides information about cash flow and may assist you in your Analyzing the Statement of Cash Flows discussion forum this week. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)

Multimedia

Accounting Videos. (2015, September 6).  Business organizations (Links to an external site.) [Video file]. Retrieved from https://youtu.be/Kk_JoEHC5KY

· This video provides details about forms of organization and may assist you in your Making Sound Investment Decisions discussion forum this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Edspira. (2014, February 11).  Example of a balance sheet (Links to an external site.) [Video file]. Retrieved from https://youtu.be/HJWX3l4u68U

· This video provides details about balance sheets and may assist you in your Week 1 Homework Problems assignment and Week 1 Quiz this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Edspira. (2013, December 19).  Free cash flow (Links to an external site.) [Video file]. Retrieved from https://youtu.be/F5-VsVcbmCQ

· This video provides details about free cash flow and may assist you in your Week 1 Homework Problems assignment and Week 1 Quiz this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Edspira. (2016, October 2).  How the balance sheet and income statement are connected (Links to an external site.) [Video file]. Retrieved from https://youtu.be/Lq4zu6F9aEs

· This video provides details about connecting the balance sheet and income statement and may assist you in your Week 1 Homework Problems assignment and Week 1 Quiz this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Edspira. (2013, July 14).  The income statement, defined and explained (Links to an external site.) [Video file]. Retrieved from https://youtu.be/-__bUSEls5Y

· This video provides details about income statements and may assist you in your Week 1 Homework Problems assignment and Week 1 Quiz this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Edspira. (2014, February 11).  Introduction to the balance sheet (Links to an external site.) [Video file]. Retrieved from https://youtu.be/f89jzUybyBw

· This video provides details about balance sheets and may assist you in your Week 1 Homework Problems assignment and Week 1 Quiz this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Edspira. (2013, July 15).  Overview of the income statement (Links to an external site.) [Video file]. Retrieved from https://youtu.be/ZI0Rya9IcN8

· This video provides details about income statements and may assist you in your Week 1 Homework Problems assignment and Week 1 Quiz this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Farhat’s Accounting Lectures. (2014, December 6).  Financial statement analysis: Common-size | Ratios | Financial Accounting | CPA exam FAR | Chp 17 (Links to an external site.) [Video file]. Retrieved from https://youtu.be/Z9lUAxiJoK4

· This video provides details about ratio analysis and may assist you in your Week 1 Homework Problems assignment and Week 1 Quiz this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

Teeter, R. [Ryan Teeter]. (2013, February 11).  Statement of cash flows explained (Links to an external site.) [Video file]. Retrieved from https://youtu.be/Eg8rmD675XA

· This video provides details about the statement of cash flows and may assist you in your Analyzing the Statement of Cash Flows discussion forum this week. This video has closed captioning and a transcript. Accessibility Statement (Links to an external site.) Privacy Policy

INSTRUCTION

Prior to beginning work on this discussion, read Chapter 2 of your textbook.

Part 1 Throughout this course, you will examine various financial aspects of Deere & Company. These examinations will culminate in a summative evaluation of the company in your Final Project. Start by reviewing the Final Project instructions in Week 6. Then, download and review the appropriate quarterly and annual reports for Deere & Company based on the instructions below.

Files to Download

1. Download the quarterly reports for Deere & Company by completing the following:

· Go to the John Deere investors’ web page, Investor Relations (Links to an external site.), on the Deere & Company website.

· Click to expand last year’s set of statements under the “Quarterly Earnings & Events” header in the middle of the page.

· Download the appropriate quarter earnings call file (“News Release and Financials”). Use the information below to determine the specific quarter for which you should download:

· If this course’s start date is in January through February, download last year’s Quarter 1 financial statement (e.g., 1Q Earnings Call).

· If this course’s start date is in March through June, download last year’s Quarter 2 financial statement (e.g., 2Q Earnings Call).

· If this course’s start date is in July through September, download last year’s Quarter 3 financial statement (e.g., 3Q Earnings Call).

· If this course’s start date is in October through December, download last year’s Quarter 4 financial statement (e.g., 4Q Earnings Call).

2. Download the annual reports for Deere & Company by completing the following.

· Go to the John Deere investors’ web page, Investor Relations (Links to an external site.), on the Deere & Company website.

· Click the “Show Archived Annual Reports” button under the Annual Report & Proxy Statement header toward the bottom of the page.

· Download the annual report from two years ago from the drop-down menu.

Note: Save these files for easy retrieval, as you will be referring to them throughout the course as well as in your Final Project.

Part 2 As you will explore throughout this course, financial data plays a critical role when it comes to making business decisions for an organization. There are four primary financial statements that are used. One is known as the statement of cash flows. For this discussion, assess the characteristics of the statement of cash flows by addressing the following questions:

· List the three primary sections found in the statement of cash flows.

· Explain how the statement of cash flows provides useful information that is not available in the other financial statements.

· Examine how this information can be useful when making business decisions.

· Looking at the financial statement you downloaded for Deere & Company in Part 1, identify the major inflows and outflows of cash for each section of the statement of cash flows.