Bright Academic Experts

Category: Finance

  • Your Company #3 Ratio Analysis

    Please keep on working with the excel provided

    The most useful analytical tool for assessing profitability, liquidity, growth, and risk is financial statement ratios. Financial statement ratios express relations among various items from the three financial statements. Financial statement ratios are effective indicators of various dimensions of current profitability, liquidity, growth, and risk and serve as useful signals of future indicators of these performance measures.

    Analyze the profitability, liquidity, growth, and risk for Your Company.

    1. Use the same FSAP 9e spreadsheet you created for the Your Company (YC) #2 assignment.
    2. Select File > Save As and rename your spreadsheet as ACG 5153 YC3 LastName FirstName.
    3. Ensure that the data used in the analysis is correct before beginning this assignment. All the cells in lines 154 thru 156 (FINANCIAL DATA CHECKS) on the “Data” tab, and lines 14 thru 17 (DATA CHECKS) on the Analysis tab of the FSAP 9e spreadsheet file MUST show “0” as the calculated amounts.
    4. Review the PROFITABILITY FACTORS and RISK FACTORS ratios in the Analysis tab in rows 23 76 and rows 77 125.
    5. Add a new spreadsheet tab to the file. Name the tab “Independent Ratios” – Source Name.
        1. Locate a reliable source of independently calculated profitability, liquidity, growth, and risk ratios for Your Company for comparison/validation of the ratio measures in the “Analysis” tab.1 Cite the source and download the ratios for the most recent FIVE years for Your Company into the spreadsheet.
        2. Prepare a table to compare the independently sourced ratios to your FASP 9e ratios on the Analysis tab in the FASP 9e spreadsheet file, rows 23 – 76 and rows 77 – 125. That is, check to see if your FSAP 9e ratios agree with the independently sourced ratios located for Your Company.
        3. Investigate and explain any differences between the FSAP 9e ratios on the Analysis tab and the ratios from your independent source. Explain and proof any differences in the formulas used in the two calculations. Correct errors in data input and/or balance classifications, if any, contributing to the differences between the ratios.

    6. After completing 5.C. above, create another new spreadsheet tab titled Ratio Trends.

        1. In this tab prepare a written analysis of the trends in the ratios on the Analysis tab in rows 23 76 and 77 125, over the five-year period.
        2. Your written analysis must include a discussion of the trends for each of the PROFITABILITY FACTORS and RISK FACTORS ratios in the Analysis tab over the five-year period.
        3. In your comments, provide a reason or reasons why these trends have occurred. Cite information in Your Company’s Annual Reports including management’s comments, the schedules and notes therein, and other reliable published information about the company and the industry it operates in to support your comments.

    7. Save the data you entered in your spreadsheet file named as ACG 5153 YC3 LastName FirstName.

    8. Review the Rubric for Assignment Your Company #3 to ensure that your completed assignment meets the grading criteria.

    9. Submit your completed assignment in Canvas in the assignment by due date and time.

    Rubric

    Your Company #3 (1)

    Your Company #3 (1)

    Criteria Ratings Pts

    This criterion is linked to a Learning Outcome 1. File Setup and Organization: A. New tabs created and Named Correctly: (Name of Independent Source) Ratios and Ratio Trends tabs are created and named correctly.

    5 pts Exceeds Expectations File is setup with tabs created and named correctly.

    4 pts Meets Expectations File setup is mostly accurate; but has minor errors or omissions in tabs created.

    3 pts Approaching Expectations Several errors in file setup, but demonstrates effort and basic understanding of the task.

    2 pts Approaching Some Expectations Significant errors in file setup.

    1 pts Inadequate File setup is incomplete, or fails to meet basic requirements.

    0 pts No Expectations Met No tabs created.

    5 pts

    This criterion is linked to a Learning Outcome B. Data Input and Formatting: Data in new tabs (tabs for ratios from an independent source for the most recent five years AND trend analysis comments), are complete, accurate, well-organized and clearly formatted for readability, including proper alignment, consistent fonts, and column/row labeling.

    5 pts Exceeds Expectations Data and comments in new tabs are well-organized, complete, accurate, and clearly formatted.

    4 pts Meets Expectations Data and comments in new tabs are organized, complete, has minor errors, is formatted.

    3 pts Approaching Expectations Data and comments in new tabs are organized, complete, has several errors, formatted, but demonstrate effort and basic understanding of the task.

    2 pts Approaching Some Expectations Data and comments in new tabs are unorganized, has significant errors, formatted but lacks understanding or coherence.

    1 pts Inadequate Data and comments in new tabs are unorganized, incomplete, poorly formatted, or fails to meet basic requirements.

    0 pts No Expectations Met No data or comments in new tabs.

    5 pts

    This criterion is linked to a Learning Outcome 2. Independent Source Ratio Tab: A. Data Comparison: Ratios form an independent source for the most recent five years are downloaded and compared accurately to the FSAP 9e ratios on the Analysis tab (rows 23 76 and 77 125).

    10 pts Exceeds Expectations All ratios from an independent source are downloaded and compared accurately.

    8 pts Meets Expectations Most ratios from an independent source are downloaded and compared, but with minor errors in the comparisons.

    6 pts Approaching Expectations Ratios from independent source are downloaded but with several errors in comparisons; but demonstrates effort and basic understanding of the task.

    4 pts Approaching Some Expectations Ratios from independent source are downloaded with significant errors in comparisons.

    2 pts Inadequate Ratios from independent source are downloaded but assignment is incomplete.

    0 pts No Expectations Met No ratios from an independent source were downloaded and compared.

    10 pts

    This criterion is linked to a Learning Outcome B. Accuracy of Comparison: Discrepancies, if any, between ratios from an independent source and FSAP 9e ratios are identified and recorded systematically.

    10 pts Exceeds Expectations All discrepancies between ratios from an independent source and FSAP 9e ratios are accurately identified and investigated.

    8 pts Meets Expectations Most discrepancies between ratios from an independent source and FSAP 9e ratios are accurately identified, but with minor errors.

    6 pts Approaching Expectations Several discrepancies between ratios from an independent source and FSAP 9e ratios are not identified, but demonstrates effort and basic understanding of the task.

    4 pts Approaching Some Expectations Significant errors in the identification of discrepancies between ratios from an independent source and FSAP 9e ratios.

    2 pts Inadequate Identification of discrepancies between ratios from an independent source and FSAP 9e ratios is incomplete, poorly executed, or fails to meet basic requirements.

    0 pts No Expectations Met There is no comparison of ratios from an independent source to FSAP 9e ratios.

    10 pts

    This criterion is linked to a Learning Outcome C. Explanations for Differences: Logical and well-researched explanations are provided for any differences identified during the comparison between ratios from an independent source and FSAP 9e ratios, with supporting evidence or reasoning.

    10 pts Exceeds Expectations All explanations of differences are completed accurately and thoroughly.

    8 pts Meets Expectations Most explanations of differences are accurate, but with minor errors.

    6 pts Approaching Expectations Several errors in explanations of differences, but demonstrates effort and basic understanding of the task.

    4 pts Approaching Some Expectations Explanation of differences contain significant errors. Explanations lack coherence.

    2 pts Inadequate Explanations of differences are incomplete, poorly worded, or fail to meet basic requirements.

    0 pts No Expectations Met No explanations of differences provided.

    10 pts

    This criterion is linked to a Learning Outcome 3. Ratios Trends Tab: A. Analysis of Profitability Ratios: Trends for all profitability factors ratios in rows 23 76 of the Analysis tab are clearly identified and described over the five-year period. Written analysis includes thoughtful reasoning behind observed trends, supported by logical explanations such as changes in company operations, market conditions, or industry factors.

    20 pts Exceeds Expectations Analysis of trends for all profitability ratios are accurately and thoroughly described with insightful analysis.

    16 pts Meets Expectations Analysis of trends for most profitability ratios are accurate, but with minor errors in the analysis, or in the depth of explanation.

    12 pts Approaching Expectations Analysis of trends for several profitability ratios have errors, but demonstrates effort and basic understanding of the task.

    8 pts Approaching Some Expectations Analysis of trends for profitability ratios have significant errors; analysis lacks depth or coherence.

    4 pts Inadequate Analysis of trends for profitability ratios is incomplete, poorly executed, or fails to meet basic requirements.

    0 pts No Expectations Met No analysis of trends for profitability ratios performed.

    20 pts

    This criterion is linked to a Learning Outcome B. Analysis of Risk Ratios: Trends for all risk factors ratios in rows 77-125 of the Analysis tab are clearly identified and described over the five-year period. Written analysis includes logical and evidence-based reasoning for observed trends, supported by relevant business context.

    20 pts Exceeds Expectations Analysis of trends for all risk ratios are accurately and thoroughly described with insightful analysis.

    16 pts Meets Expectations Analysis of trends for most risk ratios are accurate, but minor errors in the analysis, or in the depth of explanation.

    12 pts Approaching Expectations Analysis of trends for several risk ratios have errors, but demonstrates effort and basic understanding of the task.

    8 pts Approaching Some Expectations Analysis of trends for risk ratios have significant errors; analysis lacks depth or coherence.

    4 pts Inadequate Analysis of trends for risk ratios is incomplete, poorly executed, or fails to meet basic requirements.

    0 pts No Expectations Met No analysis of trends for risk ratios performed.

    20 pts

    This criterion is linked to a Learning Outcome C. Depth of Comments: Analysis demonstrates critical thinking and connects trends to the broader financial performance and strategic direction of the company.

    10 pts Exceeds Expectations Analysis connects all profitability, liquidity, and risk trends to company performance and strategic direction accurately, thoroughly, and with insightful analysis.

    8 pts Meets Expectations Analysis connects profitability, liquidity, and risk trends to company performance and strategic direction accurately but with minor errors in analysis, or in the depth of explanation.

    6 pts Approaching Expectations Analysis connects profitability, liquidity, and risk trends to company performance and strategic direction but with several errors in the connection but demonstrates effort and basic understanding of the task.

    4 pts Approaching Some Expectations Analysis connects profitability, liquidity, and risk trend to company performance and strategic direction but with significant errors in the connection; lacks depth or coherence.

    2 pts Inadequate Analysis’ connection of profitability, liquidity, and risk trends to company performance and strategic direction is incomplete, poorly executed, or fails to meet basic requirements.

    0 pts No Expectations Met Analysis does not connect profitability, liquidity, and risk trends to company performance or strategic direction.

    10 pts

    This criterion is linked to a Learning Outcome 4. Insightful Commentary: Comments and explanations reflect a deep understanding of financial ratios and their implications for the companys profitability, liquidity, and risk.

    10 pts Exceeds Expectations Analysis reflects a deep understanding of financial ratios and their implications regarding the companys current and future performance.

    8 pts Meets Expectations Analysis shows an understanding of financial ratios implication on the companys current and future performance.

    6 pts Approaching Expectations Analysis shows some understanding of financial ratios implication on companys current and future performance.

    4 pts Approaching Some Expectations Analysis shows little understanding of financial ratios implication on companys current and future performance.

    2 pts Inadequate Analysis shows no understanding of financial ratios implication on companys current and future performance.

    0 pts No Expectations Met No analysis was completed.

    10 pts

    Requirements: idk

  • DEVELOPING A PERSONAL BALANCE SHEET

    1. Download the blank and complete it accurately.
    2. Write a 2- to 3-page balance sheet analysis (including your title page) with a brief analysis of your balance sheet, including an explanation of:
    3. a comparison of your assets and related liabilities,
    4. your debt to equity ratio and
    5. your quick ratio.
    6. Upload your completed Personal Balance Sheet and your balance sheet analysis to your Module 2 SLP dropbox.

    *In-text citations and a reference page are NOT required for the Module 2 SLP.*

    SLP Assignment Expectations

    As Per Details in the Instructions Above:

    1. Develop your personal balance sheet from the template.
    2. Write a 2- to 3-page balance sheet analysis (including your title page) with a brief analysis of your balance sheet. (No references are required.)

  • HW 1 Excel

    Please Start with HW 1 revenue forecasting for the instructions and the rest should be in the rest of the files, If there is any problems please let me know

    Attached Files (PDF/DOCX): HW1_RevenueForecasting_IN.docx, Property_Tax_Memo_Example.pdf

    Note: Content extraction from these files is restricted, please review them manually.

  • NovaTech Revenue Model Insights

    Create a 1-page executive summary (PowerPoint or Google Slides) based on the attached revenu emodel.

    Your submission must include:

    • Three (3) insight bullets, each stating a key driver and its implication (not a data restatement)
    • One chart (choose either a waterfall or a trend chart; no more than three drivers or segments)
    • One key risk to the model assumptions
    • One recommended management action, with a clearly identified owner

  • Financial Analysis

    1. The Situation (What is happening)

    You are in a capstone finance course.

    • You are acting like a professional business appraiser.
    • You were assigned a secret, privately owned company (codenamed “Chemicals 29”).
    • You have been given its private financial data (5 years of income statements and balance sheets). That PDF is that data.
    • Your job for the semester is to figure out how much this company is worth.

    2. The Immediate Assignment (Due 2/11 or 2/12)

    You have a deadline today/tomorrow at 5:30 PM.

    You must turn in two things:

    A. A List of Comparative Companies

    • You need to find publicly traded companies (stocks on the NYSE/NASDAQ) that are similar to “Chemicals 29”.
    • Why? Since “Chemicals 29” is private, we don’t know its stock price. To figure out what its worth, we look at what the stock market thinks similar companies are worth.

    B. A 4-Page Paper

    • Page 1-2: Describe the companies you found. Who are they? What do they make? How big are they?
    • Page 3: Describe how you found them (your research process).
    • Page 4: Probably a bibliography or summary.

    3. Decoding “Chemicals 29.pdf”

    Do not panic. The file you attached is not blank.

    When business valuation professors give you a private company file, they often strip the name out for privacy (or to make you work for it). Your file contains the raw financials.

    What is in that file:

    It looks like there are three pages of numbers.

    • Page 1: Likely the header (Company: Chemicals 29, Date, etc.) – it appears blank here, but might contain the company name in your actual PDF reader.
    • Page 2: Labeled “1”. This is likely the Balance Sheet. It will have lines for Cash, Accounts Receivable, Inventory, Equipment, Debt, etc.
    • Page 3: Labeled “5 9 -“. This looks like a fragment of an Income Statement. The “5” and “9” might be years 5 and 9? Or line items? You need to open the actual PDF on your computerit will show the numbers.

    Your immediate task: Open that PDF properly and look at the numbers. You need to understand what this company sells to find comparables.

    4. How to Find Comparative Companies (Step-by-Step)

    Step 1: Identify the Industry (SIC/NAICS)

    You cannot just search “chemicals.” You need to know what kind of chemicals.

    • Look at the inventory or sales on the balance sheet/income statement.
    • Example: Do they sell industrial acids? Adhesives? Cleaning compounds? Fertilizers?
    • Once you know the specific product, look up its SIC Code (Standard Industrial Classification). This is a 4-digit number. The syllabus tells you to do this.

    Step 2: Use the Databases

    The syllabus lists:

    • (Actually, it’s ) – This is where public companies file their financials. You can search by industry.
    • Million Dollar Directory / Wards (Often available through your college library website).
    • Yahoo Finance () – You can screen for stocks by industry.
    • S&P SIC Index (library resource).

    Step 3: Select 3-6 Companies

    You don’t need 50. You need a handful that look like your client.

    • Criteria: Similar size (revenue), similar products, similar customers.
    • Examples of Chemical companies: Dow, DuPont, Eastman Chemical, Huntsman, Cabot, etc. (But only pick the ones that match your specific sub-industry).

    5. How to Write the Paper (The “4-Pager”)

    Don’t overcomplicate it. The professor wants to see that you know how to research, not that you have the final answer yet.

    Paragraph 1: Introduce your client (Chemicals 29) and state the SIC code you determined.

    Paragraph 2-4: “Company A is XYZ Corp. They are publicly traded on the NYSE. They manufacture [Product]. They have annual revenues of $X. They are comparable to my client because…”

    Paragraph 5: “I found these companies by first identifying the SIC code using [Source]. I then used [Database Name] to filter public companies in that code. I excluded companies that were too large or focused on different subsectors.”

    Conclusion: State that this list provides a solid basis for the valuation multiples you will calculate in the next assignment.

    6. Urgent Checklist (Right Now)

    1. Open the PDF properly. Can you see the actual numbers on Page 2 and 3? If yes, identify what they sell.
    2. Go to Yahoo Finance. Click “Screeners” > “Stocks”. Set Industry: “Basic Materials” or “Chemicals”. Browse the list.
    3. Write the paper. Just get the words on the page. It doesn’t have to be perfect finance theory yet; it just has to prove you did the work.
    4. Submit by 5:0. Missing this deadline will drop your final grade a full third (B+ becomes B).

    Attached Files (PDF/DOCX): Chemicals 29.pdf

    Note: Content extraction from these files is restricted, please review them manually.

  • Financial Analysis

    1. The Situation (What is happening)

    You are in a capstone finance course.

    • You are acting like a professional business appraiser.
    • You were assigned a secret, privately owned company (codenamed “Chemicals 29”).
    • You have been given its private financial data (5 years of income statements and balance sheets). That PDF is that data.
    • Your job for the semester is to figure out how much this company is worth.

    2. The Immediate Assignment (Due 2/11 or 2/12)

    You have a deadline today/tomorrow at 5:30 PM.

    You must turn in two things:

    A. A List of Comparative Companies

    • You need to find publicly traded companies (stocks on the NYSE/NASDAQ) that are similar to “Chemicals 29”.
    • Why? Since “Chemicals 29” is private, we don’t know its stock price. To figure out what its worth, we look at what the stock market thinks similar companies are worth.

    B. A 4-Page Paper

    • Page 1-2: Describe the companies you found. Who are they? What do they make? How big are they?
    • Page 3: Describe how you found them (your research process).
    • Page 4: Probably a bibliography or summary.

    3. Decoding “Chemicals 29.pdf”

    Do not panic. The file you attached is not blank.

    When business valuation professors give you a private company file, they often strip the name out for privacy (or to make you work for it). Your file contains the raw financials.

    What is in that file:

    It looks like there are three pages of numbers.

    • Page 1: Likely the header (Company: Chemicals 29, Date, etc.) – it appears blank here, but might contain the company name in your actual PDF reader.
    • Page 2: Labeled “1”. This is likely the Balance Sheet. It will have lines for Cash, Accounts Receivable, Inventory, Equipment, Debt, etc.
    • Page 3: Labeled “5 9 -“. This looks like a fragment of an Income Statement. The “5” and “9” might be years 5 and 9? Or line items? You need to open the actual PDF on your computerit will show the numbers.

    Your immediate task: Open that PDF properly and look at the numbers. You need to understand what this company sells to find comparables.

    4. How to Find Comparative Companies (Step-by-Step)

    Step 1: Identify the Industry (SIC/NAICS)

    You cannot just search “chemicals.” You need to know what kind of chemicals.

    • Look at the inventory or sales on the balance sheet/income statement.
    • Example: Do they sell industrial acids? Adhesives? Cleaning compounds? Fertilizers?
    • Once you know the specific product, look up its SIC Code (Standard Industrial Classification). This is a 4-digit number. The syllabus tells you to do this.

    Step 2: Use the Databases

    The syllabus lists:

    • (Actually, it’s ) – This is where public companies file their financials. You can search by industry.
    • Million Dollar Directory / Wards (Often available through your college library website).
    • Yahoo Finance () – You can screen for stocks by industry.
    • S&P SIC Index (library resource).

    Step 3: Select 3-6 Companies

    You don’t need 50. You need a handful that look like your client.

    • Criteria: Similar size (revenue), similar products, similar customers.
    • Examples of Chemical companies: Dow, DuPont, Eastman Chemical, Huntsman, Cabot, etc. (But only pick the ones that match your specific sub-industry).

    5. How to Write the Paper (The “4-Pager”)

    Don’t overcomplicate it. The professor wants to see that you know how to research, not that you have the final answer yet.

    Paragraph 1: Introduce your client (Chemicals 29) and state the SIC code you determined.

    Paragraph 2-4: “Company A is XYZ Corp. They are publicly traded on the NYSE. They manufacture [Product]. They have annual revenues of $X. They are comparable to my client because…”

    Paragraph 5: “I found these companies by first identifying the SIC code using [Source]. I then used [Database Name] to filter public companies in that code. I excluded companies that were too large or focused on different subsectors.”

    Conclusion: State that this list provides a solid basis for the valuation multiples you will calculate in the next assignment.

    6. Urgent Checklist (Right Now)

    1. Open the PDF properly. Can you see the actual numbers on Page 2 and 3? If yes, identify what they sell.
    2. Go to Yahoo Finance. Click “Screeners” > “Stocks”. Set Industry: “Basic Materials” or “Chemicals”. Browse the list.
    3. Write the paper. Just get the words on the page. It doesn’t have to be perfect finance theory yet; it just has to prove you did the work.
    4. Submit by 5:0. Missing this deadline will drop your final grade a full third (B+ becomes B).

    Attached Files (PDF/DOCX): Chemicals 29.pdf

    Note: Content extraction from these files is restricted, please review them manually.

  • Real Estate Finance and Fixed-income Security Valuation

    Please use the 2 attached excel files to do calculations

    Requirements: normal length is ok, just explain it clearly

  • Let them eat robotic cake

    Introduction:

    Fintech is making a significant impact in the wealth management arena. From client acquisition and engagement to advising to asset allocation, traditional business models have been disrupted and new players are gaining popularity. The dynamic change in the wealth management industry gives us the opportunity to ask very interesting questions related to the future impact of fintech in the wealth management arena.

    Instructions for Initial Post:

    Research indicates that “high-net-worth or ultra-high-net-worth individual still values a face-to-face approach to the [advisory] relationship…[while] for the mass-affluent and retail segments, full self-service and customer-service apps are becoming increasingly popular (Gupta, p. 364).”

    In a minimum of 250 words and using proper citations, please address the following questions:

    • If disrupting technology such as artificial intelligence (AI) and machine learning (ML) is said to make more efficient decisions compared to human individuals, why do you think that high-net-worth or ultra-high-net-worth individual still values a face-to-face approach to the [advisory] relationship?
    • Why do you think this two-tier behavior exists?

  • discussion post : recognizing and shaping opportunities

    • Recognizing and Shaping Opportunities Applegate and CarlsonBegin to prepare your Main Post (300 words) for next week’s discussion board on this article.
    1. Create your response as a Word document first and run spell check before cutting/pasting/uploading to the discussion site.
    2. Keep postings to the point. Short paragraphs are preferable to long ones. Comments should add to the general knowledge of the issue and should not be limited to agreement or disagreement with other students postings.
    3. Incorporate references from the readings or other scholarly references in your replies; base your discussion points on substance, not opinions.
    4. Furthermore, make sure you include working links to new articles or videos that you bring into the discussion.
    5. Stick to the subject of a particular thread in the discussion.

    When writing your Discussion Issues responses remember I am looking for your ability to think critically at the Masters level. Do not simply parrot back what the authors have said in the assigned reading or your research. Analyze, synthesize and evaluate what you have read into a clear and succinct summary of what the authors have said compared to your own experiences. Of course I want you to use properly formatted text citations and references to support and illustrate your observations and conclusions, but use them sparingly.

    Attached Files (PDF/DOCX): 819a52bf-fe1e-427c-9c31-8b1f8f072448.pdf

    Note: Content extraction from these files is restricted, please review them manually.

  • I need to change some things in my diploma thesis

    1. Justify and Verify Financial Assumptions

    Your financial projections are currently considered too optimistic.

    You need to:

    • Recalculate revenue, cost, and profit projections
    • Clearly justify all assumptions (market growth, pricing, customer acquisition, margins, etc.)
    • Add scenario analysis (optimistic / realistic / pessimistic)
    • Support assumptions with data sources and references
    • Possibly include sensitivity analysis