Fin homework
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mini_case_1__2.docxMini case 1
The purpose of this assignment is to explain core concepts related to the U.S. financial system.
Read the Chapter 1 Mini Case on pages 48-49 in Financial Management: Theory and Practice. Using complete sentences and academic vocabulary, please answer questions a through d.
APA format is not required, but solid academic writing is expected.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
a. Why is corporate finance important to all managers?
b. Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages and disadvantages of each form.
c. How do corporations go public and continue to grow? What are agency problems? What is corporate governance?
d. What should be the primary objective of managers?
(1) Do firms have any responsibilities to society at large?
(2) Is stock price maximization good or bad for society?
(3) Should firms behave ethically?
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Mini Case 2 Benchmarking
The purpose of this assignment is to explain core concepts related to corporate valuation and governance and to identify strategies for conducting business with personal and professional integrity.
Read the Chapter 13 Mini Case on page 544 in Financial Management: Theory and Practice. Using complete sentences and academic vocabulary, please answer questions a through d.
Using the mini case information, write a 250-500 word letter of intent discussing specific strategies for how you will conduct your start-up business with personal and professional integrity.
APA format is not required, but solid academic writing is expected.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
Suppose you decide (as did Steve Jobs and Mark Zuckerberg) to start a company. Your product is a software platform that integrates a wide range of media devices, including laptop computers, desktop computers, digital video recorders, and cellphones. Your initial market is the student body at your university. Once you have established your company and set up procedures for operating it, you plan to expand too there colleges in the area, and eventually to go nationwide. At some point, hopefully sooner rather than later, you plan to go public with an IPO, and then to buy a yacht and take off for the South Pacific to indulge in your passion for underwater photography. With these issues in mind, you need to answer for yourself, and potential investors, the following questions.
a. What is an agency relationship? When you first begin operations, assuming you are the only employee and only your money is invested in the business, would any agency conflicts exist? Explain your answer.
b.If you expanded and hired additional people to help you, might that give rise to agency problems?
c. Suppose you need additional capital to expand and you sell some stock to outside investors. If you maintain enough stock to control the company, what type of agency conflict might occur?
d. Suppose your company raises funds from outside lenders. What type of agency costs might occur? How might lenders mitigate the agency costs?
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1 Unsatisfactory 0.00% |
2 Less than Satisfactory 74.00% |
3 Satisfactory 79.00% |
4 Good 87.00% |
5 Excellent 100.00% |
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100.0 %Content |
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15.0 % Question A |
Answer to question A is not included. |
Answer to question A is incomplete or incorrect. |
Answer to question A is included but lacks explanation and relevant supporting details. |
Answer to question A is complete and includes relevant supporting details. |
Answer to question A is extremely thorough and supported with substantial relevant details. |
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15.0 % Question B |
Answer to question B is not included. |
Answer to question B is incomplete or incorrect. |
Answer to question B is included but lacks explanation and relevant supporting details. |
Answer to question B is complete and includes relevant supporting details. |
Answer to question B is extremely thorough and supported with substantial relevant details. |
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15.0 % Question C |
Answer to question C is not included. |
Answer to question C is incomplete or incorrect. |
Answer to question C is included but lacks explanation and relevant supporting details. |
Answer to question C is complete and includes relevant supporting details. |
Answer to question C is extremely thorough and supported with substantial relevant details. |
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15.0 % Question D |
Answer to question D is not included. |
Answer to question D is incomplete or incorrect. |
Answer to question D is included but lacks explanation and relevant supporting details. |
Answer to question D is complete and includes relevant supporting details. |
Answer to question D is extremely thorough and supported with substantial relevant details. |
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30.0 % Letter of Intent (C. 4.4) |
Letter of intent discussing specific strategies for conducting business with personal and professional integrity is not included. |
Letter of intent discussing specific strategies for conducting business with personal and professional integrity is incomplete or incorrect. |
Letter of intent discussing specific strategies for conducting business with personal and professional integrity is included but lacks explanation and supporting details and examples. |
Letter of intent discussing specific strategies for conducting business with personal and professional integrity is complete and includes supporting details and examples. |
Letter of intent discussing specific strategies for conducting business with personal and professional integrity is extremely thorough and includes substantial supporting details and examples. |
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10.0 % Mechanics of Writing (includes spelling, punctuation, grammar, language use) |
Surface errors are pervasive enough that they impede communication of meaning. Inappropriate word choice or sentence construction is used. |
Frequent and repetitive mechanical errors distract the reader. Inconsistencies in language choice (register) or word choice are present. Sentence structure is correct but not varied. |
Some mechanical errors or typos are present, but they are not overly distracting to the reader. Correct and varied sentence structure and audience-appropriate language are employed. |
Prose is largely free of mechanical errors, although a few may be present. The writer uses a variety of effective sentence structures and figures of speech. |
Writer is clearly in command of standard, written, acade |
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