Premium Essay

In: Other Topics

Submitted By katherineswanson

Words 2458

Pages 10

Words 2458

Pages 10

Hit Us Email for Any Inquiry at: Homeworkfy@gmail.com

Visit our Site for More Tutorials: (http://homeworkfy.com/ )

FIN 534 Week 2 Homework Set 1 Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in the course shell. This homework assignment is worth 100 points.

Use the following information for Questions 1 through 8: Assume that you recently graduated and have just reported to work as an investment advisor at the one of the firms on Wall Street. You have been presented and asked to review the following Income Statement and Balance Sheets of one of the firm’s clients. Your boss has developed the following set of questions you must answer.

1. What is the free cash flow for 2013?

2. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow?

3. Calculate the 2013 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013?

4. Calculate the 2013 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover.

5. Calculate the 2013 debt ratio, liabilities-to-assets ratio, times-interest-earned, and EBITDA coverage ratios. What can you conclude from these ratios?

6. Calculate the 2013 profit margin, basic earning power (BEP), return on assets (ROA), and return on equity (ROE). What can you say about these ratios?

7. Calculate the 2013 price /…...

Premium Essay

...sometimes cash flows are not even. Learn how to use a formula to calculate the present value of uneven future cash flows. An annuity is an asset that will pay equal amounts of money at regular time periods over its life. Essentially, an annuity can be thought of as a security with equal expected cash flows usually paid annually, semi-annually, quarterly, or monthly. The payment of dividends or payments from a lawsuit settlement are typical annuities. However, expected future cash flows from a security with the uncertainty of market and economic conditions rarely follow such a regular schedule. (Garger &Patsalides, 2010). Now after we exposed to different opinion to uneven present cash flows, we will start solving the problem which was given in Homework. We will use this equation to determine the present value to uneven cash flows, CF CF = CF -$50 + $100 + $75 + $50 Interest 10% %10 %10 %10 PV = - 50 90.0901 61.9835 37.657 NPV = $140.46 FV= PV + (interest)× PV FV= PV + 2. We sometimes need to find out how long it will take a sum of money (or something else, such as earnings, population, or prices) to grow to some specified amount. For example, if a company’s sales are growing at a rate of 20% per year, how long will it take sales to double? In this part we need less than 4 years in order to be able to double the money, the flowing chart will shows how the PV will......

Words: 1388 - Pages: 6

Premium Essay

...FIN 534 Financial Management Complete Homework Sets To Buy this Class Copy & paste below link in your Brower http://homeworkregency.com/downloads/fin-534-financial-management-complete-homework-sets/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com FIN 534 Financial Management Complete Homework Sets FIN 534 Week 2 Homework Set 1 Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in the course shell. This homework assignment is worth 100 points. Use the following information for Questions 1 through 8: Assume that you recently graduated and have just reported to work as an investment advisor at the one of the firms on Wall Street. You have been presented and asked to review the following Income Statement and Balance Sheets of one of the firm’s clients. Your boss has developed the following set of questions you must answer. 1. What is the free cash flow for 2013? 2. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? 3. Calculate the 2013 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013? 4. Calculate the 2013......

Words: 2481 - Pages: 10

Premium Essay

...FIN 534-Financial Management Homework Sets http://www.projbid.com/downloads/fin-534-financial-management-homework-sets/ FIN 534 Week 2 Homework Set 1 Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in the course shell. This homework assignment is worth 100 points. Use the following information for Questions 1 through 8: Assume that you recently graduated and have just reported to work as an investment advisor at the one of the firms on Wall Street. You have been presented and asked to review the following Income Statement and Balance Sheets of one of the firm’s clients. Your boss has developed the following set of questions you must answer. 1. What is the free cash flow for 2013? 2. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? 3. Calculate the 2013 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013? 4. Calculate the 2013 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. 5. Calculate the 2013 debt ratio, liabilities-to-assets ratio, times-interest-earned, and EBITDA coverage ratios. What can you conclude from......

Words: 2427 - Pages: 10

Premium Essay

...FIN 534 Financial Management Complete Homework Sets To Buy this Class Copy & paste below link in your Brower http://homeworkregency.com/downloads/fin-534-financial-management-complete-homework-sets/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com FIN 534 Financial Management Complete Homework Sets FIN 534 Week 2 Homework Set 1 Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in the course shell. This homework assignment is worth 100 points. Use the following information for Questions 1 through 8: Assume that you recently graduated and have just reported to work as an investment advisor at the one of the firms on Wall Street. You have been presented and asked to review the following Income Statement and Balance Sheets of one of the firm’s clients. Your boss has developed the following set of questions you must answer. 1. What is the free cash flow for 2013? 2. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? 3. Calculate the 2013 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013? 4. Calculate the 2013......

Words: 2464 - Pages: 10

Premium Essay

...FIN 534 Financial Management Complete Homework Sets To Buy this Class Copy & paste below link in your Brower http://homeworkregency.com/downloads/fin-534-financial-management-complete-homework-sets/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com FIN 534 Financial Management Complete Homework Sets FIN 534 Week 2 Homework Set 1 Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in the course shell. This homework assignment is worth 100 points. Use the following information for Questions 1 through 8: Assume that you recently graduated and have just reported to work as an investment advisor at the one of the firms on Wall Street. You have been presented and asked to review the following Income Statement and Balance Sheets of one of the firm’s clients. Your boss has developed the following set of questions you must answer. 1. What is the free cash flow for 2013? 2. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? 3. Calculate the 2013 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013? 4. Calculate the 2013......

Words: 2464 - Pages: 10

Premium Essay

...FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534......

Words: 361 - Pages: 2

Premium Essay

...FIN 534 Week 6 Homework Set 3 Purchase here http://sellfy.com/p/HBXT/ FIN 534 Week 6 Homework Set 3 Purchase here http://sellfy.com/p/HBXT/ Product Description Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both.Use the following information for questions 1 through 8: The Goodman Industries’ and Landry Incorporated’s stock prices and dividends, along with the Market Index, are shown below. Stock prices are reported for December 31 of each year, and dividends reflect those paid during the year. The market data are adjusted to include dividends. Goodman Industries Landry Incorporated Market Index Year Stock Price Dividend Stock Price Dividend Includes Dividends 2013 $25.88 $1.73 $73.13 $4.50 17.49 5.97 2012 22.13 1.59 78.45 4.35 13.17 8.55 2011 24.75 1.50 73.13 4.13 13.01 9.97 2010 16.13 1.43 85.88 ...

Words: 3144 - Pages: 13

Premium Essay

...FIN 534 Week 8 Homework Set 4 Purchase hereFIN 534 Week 8 Homework Set 4 Purchase here http://sellfy.com/p/5I8r/ Product Description EXPECTED NET CASH FLOWS:Year Project A Project B 0 −$400 −$650 1 −528 210 2 −219 210 3 −150 210 4 1,100 210 5 820 210 6 990 210 7 −325 210 1. Construct NPV profiles for Projects A and B. 2. What is each project’s IRR? 3. If each project’s cost of capital were 10%, which project, if either, should be selected? If the cost of capital were 17%, what would be the proper choice? 1. What is each project’s MIRR at the cost of capital of 10%? At 17%? (Hint: Consider Period 7 as the end of Project B’s life.) 1. What is the crossover rate, and what is its significance? The staff of Porter Manufacturing has estimated the following net after-tax cash flows and probabilities for a new manufacturing process: Line 0 gives the cost of the process, Lines 1 through 5 give operating cash flows, and Line 5* contains the estimated salvage values. Porter’s cost of capital for an average-risk project is 10%. Net After-Tax Cash Flows Year P = 0.2 P = 0.6 P = 0.2 0 −$100,000 −$100,000 −$100,000 1 20,000 30,000 40,000 2 20,000 30,000 40,000 3 20,000 30,000 40,000 4 20,000 30,000 40,000 5 20,000 30,000 40,000 5* 0 20,000 30,000 1. Assume that the project has average risk. Find the project’s expected NPV. (Hint: Use expected values for the net cash flow in each year.) 1. Find the best-case and...

Words: 2789 - Pages: 12

Premium Essay

...FIN 534-Homework Set 1. Purchase here http://sellfy.com/p/ZdGj/ Product Description 1. What is the free cash flow for 2014? 2. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? 3. Calculate the 2014 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013? 4. Calculate the 2014 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. 5. Calculate the 2014 debt ratio, liabilities-to-assets ratio, times-interest-earned, and EBITDA coverage ratios. What can you conclude from these ratios? 6. Calculate the 2014 profit margin, basic earning power (BEP), return on assets (ROA), and return on equity (ROE). What can you say about these ratios? 7. Calculate the 2014 price / earnings ratio, price / cash flow ratio, and market / book ratio.FIN 534 – Homework Set #1 © 2014 Strayer University. All Rights Reserved. This document contains Strayer University Confidential and Proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University. FIN 534 Homework Set #1 Page 4 of 4 8. Use the extended DuPont equation to provide a summary and overview of company’s financial condition as projected...

Words: 1945 - Pages: 8

Premium Essay

...FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534 Homework Set 2 Purchase here http://sellfy.com/p/BFXD/ Product Description FIN 534 Homework Set 2 FIN 534......

Words: 323 - Pages: 2

Premium Essay

...FIN 534 Week 8 Homework Set 4 Purchase here http://sellfy.com/p/5I8r/ Product Description EXPECTED NET CASH FLOWS:Year Project A Project B 0 −$400 −$650 1 −528 210 2 −219 210 3 −150 210 4 1,100 210 5 820 210 6 990 210 7 −325 210 1. Construct NPV profiles for Projects A and B. 2. What is each project’s IRR? 3. If each project’s cost of capital were 10%, which project, if either, should be selected? If the cost of capital were 17%, what would be the proper choice? 1. What is each project’s MIRR at the cost of capital of 10%? At 17%? (Hint: Consider Period 7 as the end of Project B’s life.) 1. What is the crossover rate, and what is its significance? The staff of Porter Manufacturing has estimated the following net after-tax cash flows and probabilities for a new manufacturing process: Line 0 gives the cost of the process, Lines 1 through 5 give operating cash flows, and Line 5* contains the estimated salvage values. Porter’s cost of capital for an average-risk project is 10%. Net After-Tax Cash Flows Year P = 0.2 P = 0.6 P = 0.2 0 −$100,000 −$100,000 −$100,000 1 20,000 30,000 40,000 2 20,000 30,000 40,000 3 20,000 30,000 40,000 4 20,000 30,000 40,000 5 20,000 30,000 40,000 5* 0 20,000 30,000 1. Assume that the project has average risk. Find the project’s expected NPV. (Hint: Use expected values for the net cash flow in each year.) 1. Find the best-case and worst-case NPVs. What is the probability of......

Words: 2225 - Pages: 9

Premium Essay

...FIN 534-Homework Set 1. Purchase here http://sellfy.com/p/ZdGj/ Product Description 1. What is the free cash flow for 2014? 2. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? 3. Calculate the 2014 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013? 4. Calculate the 2014 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. 5. Calculate the 2014 debt ratio, liabilities-to-assets ratio, times-interest-earned, and EBITDA coverage ratios. What can you conclude from these ratios? 6. Calculate the 2014 profit margin, basic earning power (BEP), return on assets (ROA), and return on equity (ROE). What can you say about these ratios? 7. Calculate the 2014 price / earnings ratio, price / cash flow ratio, and market / book ratio.FIN 534 – Homework Set #1 © 2014 Strayer University. All Rights Reserved. This document contains Strayer University Confidential and Proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University. FIN 534 Homework Set #1 Page 4 of 4 8. Use the extended DuPont equation to provide a summary and overview of company’s financial condition as projected...

Words: 1459 - Pages: 6

Premium Essay

...FIN 534-Homework Set 1. Purchase here http://sellfy.com/p/ZdGj/ Product Description 1. What is the free cash flow for 2014? 2. Suppose Congress changed the tax laws so that Berndt’s depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? 3. Calculate the 2014 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company’s liquidity position in 2013? 4. Calculate the 2014 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover. 5. Calculate the 2014 debt ratio, liabilities-to-assets ratio, times-interest-earned, and EBITDA coverage ratios. What can you conclude from these ratios? 6. Calculate the 2014 profit margin, basic earning power (BEP), return on assets (ROA), and return on equity (ROE). What can you say about these ratios? 7. Calculate the 2014 price / earnings ratio, price / cash flow ratio, and market / book ratio.FIN 534 – Homework Set #1 © 2014 Strayer University. All Rights Reserved. This document contains Strayer University Confidential and Proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University. FIN 534 Homework Set #1 Page 4 of 4 8. Use the extended DuPont equation to provide a summary and overview of company’s financial condition as projected...

Words: 1459 - Pages: 6

Premium Essay

...FIN 534 Week 8 Homework Set 4 Purchase here http://sellfy.com/p/5I8r/ Product Description EXPECTED NET CASH FLOWS:Year Project A Project B 0 −$400 −$650 1 −528 210 2 −219 210 3 −150 210 4 1,100 210 5 820 210 6 990 210 7 −325 210 1. Construct NPV profiles for Projects A and B. 2. What is each project’s IRR? 3. If each project’s cost of capital were 10%, which project, if either, should be selected? If the cost of capital were 17%, what would be the proper choice? 1. What is each project’s MIRR at the cost of capital of 10%? At 17%? (Hint: Consider Period 7 as the end of Project B’s life.) 1. What is the crossover rate, and what is its significance? The staff of Porter Manufacturing has estimated the following net after-tax cash flows and probabilities for a new manufacturing process: Line 0 gives the cost of the process, Lines 1 through 5 give operating cash flows, and Line 5* contains the estimated salvage values. Porter’s cost of capital for an average-risk project is 10%. Net After-Tax Cash Flows Year P = 0.2 P = 0.6 P = 0.2 0 −$100,000 −$100,000 −$100,000 1 20,000 30,000 40,000 2 20,000 30,000 40,000 3 20,000 30,000 40,000 4 20,000 30,000 40,000 5 20,000 30,000 40,000 5* 0 20,000 30,000 1. Assume that the project has average risk. Find the project’s expected NPV. (Hint: Use expected values for the net cash flow in each year.) 1. Find the best-case and worst-case NPVs. What is the probability of......

Words: 2225 - Pages: 9

Premium Essay

...FIN 534 Week 6 Homework Set 3 Purchase here http://sellfy.com/p/HBXT/ Product Description Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both.Use the following information for questions 1 through 8: The Goodman Industries’ and Landry Incorporated’s stock prices and dividends, along with the Market Index, are shown below. Stock prices are reported for December 31 of each year, and dividends reflect those paid during the year. The market data are adjusted to include dividends. Goodman Industries Landry Incorporated Market Index Year Stock Price Dividend Stock Price Dividend Includes Dividends 2013 $25.88 $1.73 $73.13 $4.50 17.49 5.97 2012 22.13 1.59 78.45 4.35 13.17 8.55 2011 24.75 1.50 73.13 4.13 13.01 9.97 2010 16.13 1.43 85.88 3.75 9.65 1.05 2009 ...

Words: 3130 - Pages: 13