...Mini Case (p. 45) * a. Why is corporate finance important to all managers? Corporate finance enables managers to choose different ways and choose specific projects that will increase company profitability as well as identify ways to acquire needed funding. With proper management of corporate finances companies are able to maximize their shareholder wealth. * 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. A company may start out as a sole proprietorship or partnership and work its way towards becoming a corporation. * c. How do corporations go public and continue to grow? What are agency problems? What is corporate governance? Agency problems occur when managers act in a way that benefits themselves and acts in ways that are not in the best interests of the stockholders or owners of the company. Corporate governance is the set of rules that are used to direct the company’s actions towards its employees, “shareholders, creditors, customers, competitors, and community” and is a means by which agency problems are addressed (Brigham, Eugene F. . Financial Management: Theory & Practice, 13th Edition. South Western Educational Publishing, 03/2010. p. 8). Corporations go public through an initial public offering (IPO) which is when the company’s stock is sold to the public at large. After an IPO, corporate growth is supported by taking out loans...
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...FI515_Homework1_Alyssa Davis Mini Case (pg. 45) a) Corporate finance is important to all managers because managers should understand and know the financial state of the company they are working for. Managers have a responsibility to capitalize on the value of a company for the shareholders of an organization. The decisions that will be made on a regular basis are all affected by this current financial state of a corporation. And if the managers don’t know this information then they cannot move forward. b. First, it might start as a sole partnership company and therefore is easy to create and inexpensive. Disadvantages are that it as limited funding and growth opportunities and the owner takes all responsibility. Second, might turn into a partnership and contains more flexibility. Disadvantages are that they are subject to more taxes and they back their company with their personal assets. Next, would be a real corporation with many owners. This helps companies expand and get capital funding. It is easier to keep corporations alive. Disadvantages are that there could be more taxes and there’s a lot of work in order to get recognized as a corporation. c. In order for a corporation to go public, they start by raising funds. They get investors, friends and venture capitalist. They could also turn to banks for financing. Corporate governance refers to the laws that they operate by. d. The primary objective of mangers should be making profit. 1. Yes...
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...3-1 Days Sales Outstanding Accounts Receivable Average Credit Sales Solution: ? = 20,000x20 = $400,000 (Accounts Receivable) 400,000 = 20 20,000 3-2 Debt Ratio Total Liabilities / Total Assets Solution: 60% 3-3 Market/Book Ratio Market price per share / Book value per share Book value per share = Common equity / shares outstanding Book value per share = $6,000,000,000 / 800,000,000 = 7.5 Solution: $75 / 7.5 = 10 3-4 PE Ratio Price/Earnings Ratio = Price per share / Earnings per share 8*3.00 = 24 24/$1.50 = 16 3-5 ROE ROE = ROA x Equity Multiplier ROA = Profit Margin x Total assets turnover ROA = .03 x 2 = .06 ROE = .06 x 2.0 = .12 = 12% 3-6 Du Pont Analysis Total Assets Turnover = 5 ROA = Profit Margin x Total Assets Turnover 10% = 2% x ? 10% / 2% = 5 Equity Multiplier = 1.5 ROE = Profit Margin x Total Assets Turnover x Equity Multiplier 15% = 2% x 5 x ? 15% / .1 = 1.5 3-7 Current and Quick Ratios Quick Ratio = Current Assets – Inventories / Current Liabilities Current Liabilities = $3,000,000 / 1.5 Current Liabilities = $2,000,000 1.0 = $3,000,000 - ? / $2,000,000 Inventories = $1,000,000 4-1 FV of Single Amount FV = PV (1+ I)^N FV = $10,000 (1+.10)^5 FV = $10,000 (1.10)^5 FV = $16,105.10 4-2 PV of Single Amount 1292.10 PV = FVn / (1+I)^N PV = $5,000 / (1+ .07)^20 PV = $5,000 / (1.07)^20 PV = $1292.10 4-6 FV of Ordinary Annuity FVAn = PMT { (1+I)^n / I – 1/I } FVAn = $300 [ (1+.07)^5 / .07 – 1/.07] FVAn = $300 [...
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...========================================================== FIN515: Week-1 Assignment ========================================================== MINI-CASE (p. 45): Consulting Michelle DellaTorre To explain the U.S. Financial System to Ms. DellaTorre, I would provide her with the following answers to the questions given to me by my boss: 1. Why is corporate finance important to all managers? Corporate finance is a basic component of how a business is run. All managers should keep this in mind to direct funds to the optimal division or product in a company. In addition, managers should understand how their company is financed and whether it has a risk of bankruptcy. Conversely, managers should understand if the equity in the business is undervalued and has the potential to grow. 2. 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. Sole Proprietorship: A type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. Every asset of the business is owned by the proprietor and all debts of the business are the proprietor's. This means that the owner has no less liability than if they were acting as an individual instead of as a business. Some advantages...
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...INTRODUCTION There is little doubt that no two people study the same way, and it is a near certainty that what works for one person may not work for another. However, there are some general techniques that seem to produce good results. So I decided to concentrate on working for this research because it’s very important for the readers to read this so that they have to step up in learning styles. My purpose of doing this research is to develop myself and to serve this thing as stepping stone to make a thesis and in consideration in making a book. Now I am making this just to show you how the proper process of learning is. The purpose of this research is to provide us significant ideas about real learning styles, study skills and thinking skills in analyzing some neither questions nor problems that we don’t know and to improve and enhance our memory in studying some lessons in a book. It also improves us to organize our studies, express our ideas clearly and effectively and how to communicate with others clearly and fluently. The first part of this research is focused on defining the three bodies of skills and you will know the utilization of effective language-learning strategy is. These three bodies of skills approaches us to have more experience on how to learn to be critical to success in school, considered essential for acquiring new good grades and useful for learning through out’s life. Of course this convinces us that these skills can be applied in other areas...
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...internationalstudiesdefinitionkan... - Isalin ang pahinang ito 1 Dec 2011 – A HABIT is something that is done on a scheduled, regular and planned basis that is not relegated to a seccond place or optional place in one's ... Meaning of study habits wiki.answers.com › ... › Learning Theories - Isalin ang pahinang ito Relevant answers: What is the meaning of good study habits? good study habits is simply studying good. What is study habits? == Answer ==. The manner with ... What is the Definition of study habit wiki.answers.com/.../What_is_the_Definition_... - Isalin ang pahinang ito It means you are not distracted by anything, you have a certain place to go where it is quiet everyday where you study and do homework. Basically it means that ... What are study habits wiki.answers.com › ... › Education › Learning Tips - Isalin ang pahinang ito Study habits are the ways that you study - the habits that you have formed during ... It means you are not distracted by anything, you have a certain place to go ... Study Habits - Term Paper - Rojilei www.termpaperwarehouse.com/.../Study-Habi... - Isalin ang pahinang ito 9 Jan 2012 – Before we proceed, let's define the meaning of study and habit. Study is to buy out the time and dedicate self to application and the task of study ... Study skills - Wikipedia, the free encyclopedia...
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...Using Student Self-Reflections to Improve Student Study Habits in the Mathematics Classroom A Capstone Project Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Arts in Teaching: Mathematics Nancy Daly Department of Mathematics and Computer Science College of Arts and Sciences Graduate School Minot State University Minot, North Dakota Summer 2011 ii This capstone project was submitted by Nancy Daly Graduate Committee: Dr. Laurie Geller, Chairperson Dr. Cheryl Nilsen Dr. Rebecca Anhorn Dean of Graduate School Dr. Linda Cresap Date of defense: Month day, year iii Abstract Type the abstract here. Do not indent. It should be one block paragraph. The abstract is a summary of your paper. iv Acknowledgements Type your acknowledgements here. Indent each paragraph 0.5 inch. You can thank whomever you choose. v Table of Contents Page Abstract .................................................................................................................. iii Acknowledgements ................................................................................................ iv List of Tables ....................................................................................................... viii List of Figures ........................................................................................................ ix Chapter One: Introduction ................................................................
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...ATSS-DCD 21 November 2012 MEMORANDUM FOR All section members SUBJECT: Preparing for the Promotion Board 1. This memorandum will provide you with information that will help you better prepare for the local promotion board. 2. Soldiers attending this promotion board will be evaluated on nine subjects: a. personnel appearance b. military bearing c. self-confidence d. oral expression e. conversational skills f. knowledge of world affairs g. awareness of military programs h. knowledge of basic soldiering I. attitude 3. Three actions that will better prepare all soldiers attending the promotion board are: a. STUDYING. Get a copy of the memorandum that tells when the board is, who the board members are, and what subjects will be asked. Study the questions and answers in the study guide in these nine subjects, but also be prepared to answer other questions. Read the newspaper, watch the news, and be prepared to express your opinions on any local, national, and world events. Know your chain of command and unit history. b. PREPARING YOUR UNIFORM. Reference AR 670-1 for wear and appearance of the uniform. Before board takes place turn your uniform in for alteration’s and cleaning. I will check the proper fit of the uniform of every soldier appearing before the board. c. REHEARSING...
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...Study Skills Questionnaire Name ________________________________ Date________________ To gain a better understanding of yourself as a learner, it is helpful to identify the study skills you use. You can determine if your study skills need a boost or if they are fine just the way there are now. This informal inventory is a short and quick tool for assessing your study skills. This is not a test, so please ask for assistance when/where you feel you need it. Answer each question as honestly as you can. There are 30 questions. Directions: 1. Read each statement and think about it. 2. Place an X in the column that best describes your current level as it relates to the study statement. Example…. Reading Text Books 1. I browse headings, pictures, chapter questions, and summaries before I read a chapter. Rarely Sometimes X Often If this statement happens to be true some of the time for you, then place an X as shown in the appropriate column (which is “sometimes”). At the end of the questionnaire, you will have a chance to self-score the results. Give it a try! Remember…Applying what you learn from this questionnaire is the real key. For more information about study skills, contact the CONNECT TO SUCCESS OFFICE Room #1655 or dana.kobold@rrcc.edu or 303.914.6317 Please note: Handout content adapted from the University of Central Florida’s Student Academic Resource Center Reading Text Books 1. I browse the headings, pictures, chapter questions and summaries before I start...
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...999 Park Ave Bridgeport, CT, 06604 November 19, 2011 Diane Mirvis 126 Park ave Bridgeport, CT 06604 Dear President Mirvis: Hello, my name is XXX, and I am an international student. The library is being the most popular place in Univerisity of Bridgeport because of your work hard. However, most of the students say that the network service needs to improve. If students are satisfied with the network, they would prefer study in the library. The solution is to upgrade network service which just cost few money. It benefits for everyone who studies or works in the library. There is a serious problem be concerned University of Bridgeport students who study in the library. I often study in the library. One of the network problems is network instability. For example, I have to research some information about my assignment, because my first language is not English, I always research more academic information after class or look up the unknown words in an online dictionary. However, I have to connect the UB network approximately every five minutes. I was really bothered by the unstable network here. This action which is frequently loggeing on to the internet makes my learning efficiency lower, because I cannot focus on the studying. The unstable network not only bothered me, but also bothers my friends. There are a statistic for this issue. My four friends...
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...able to help the other one with a problem. Deal with cramps right away. When there’s something you don’t understand, you may be tempted to just put it aside and hope for the best. That strategy doesn’t work at all in math! Because everything builds, if you don’t understand A you will probably not understand B and C either. If this happens in class, ask a question right away. Don’t apologize and don’t worry about looking stupid; probably other people have exactly the same question. Outside of class, use the Baker Center tutors or talk through the problem with your study buddy. Visit your instructor during office hours or make an appointment for another time. Warm up before the event. Before class, look back over the readings and your homework. Make sure you are ready with any questions. Stay in training. Review your notes after class, even rewrite them to make sure you understand everything. If there are several days between classes, review the material at least every other day to keep it fresh in your mind. Make sure you train enough. The College recommends 2–3 hours per classroom hour, but you may need more. Recognize especially that in the summer you’re making a big time commitment. If your class meets five days a week for an hour and 40 minutes a day, that’s two 50-minute classroom hours, which means you should expect to study 4–6 hours per night, every...
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...Social Cognitive Theory Research Presentation Introduction The purpose of this paper is to describe the purpose and at least four major points of the article. Discuss the generalizability and validity of the study. For example, will findings of this study generalize to other people and/or situations, can we generalize from the study participants to the general population, and do the methods employed have validity? Evaluate the worthiness of the study. Discuss the value in systematically studying the topic, rather than relying on common sense. Determine whether it would it be appropriate to fund this research with publicly-funded grants. Suppose that you are lab assistant (or graduate student) to the researchers who wrote the article. Suggest what you would do to follow up with the study. Then, identify a logical next step. Examining the Effects of Location, Neighborhood Social Organization, and Home Literacy on Early Cognitive Skills in the United States The purpose of the article is to show the different factors that affects or influence the development of children. “This study investigated the effects of community locale, neighborhood social organization, utilization of community cognitive developmental resources, and home literacy on early childhood cognitive skills”, (Froiland, 2011). The first point of the article indicates the importance of family, social environment, school and the neighborhood in the development of children. Basically, this first point...
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...my head. The best way and the only one to obtain knowledge is by studying. Study habits are one of the essential tools that I must obtain or enhance in order to be successful. It’s not something that can be brushed off. Having a good study habit, avoiding distraction, and having a strong resolve has lead me to accomplishing my first semester here at TC3. When tackling assignments I had to make sure to plan well in advance; break down projects into manageable chunks, and setting goals along the way. Completing homework and class readings on time and avoid waiting until the last minute for important deadlines. Studying involves reading the textbooks, understand them, being able to explain it to others and sometimes memorize the most important concepts. It is important to have a special place and a special time to study. I try to find a peaceful place and also try to study during the times that work best. While studying, I also use this time to do the homework and assigned reading. I still need to learn to be good on time management skills. Learning to balance school, family and social life is one of the most important things to learn and I am still struggling...
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...Stage 4 How would you apply for this job? For this position I would write a letter or CV including the company name, address and the person who will be receiving it who will be Natalie Chalmers. I will make sure the letter is specific for the job and it grabs the reader’s attention to let them know why my letter of CV is worth reading. My letter will be written in a formal document that gives information about me, my personality and what I could bring to this job and also why I am committed to work here. The following letter will include Key skills, Qualifications and Personality. Key skills Motivation: I think responsibility motivates me the most because when I am given something to do it’s my job to make sure I do my job well. Since I am a member of the media team in my church I don’t get to do all the massive tasks like filming yet, every little thing that’s given to me I will make sure I do it well until I am trusted enough to handle the massive tasks and responsibilities ahead of me. Verbal communication: I study French in school as one of my options and for you to do French you need to be able to communicate with others to understand the language and help others struggling. I also love working in big groups than by myself because I think I work better in groups where you get lots of point of views and it’s my strongest point. Numeracy: This is a vey important key skill because you use maths in everyday life and you need maths for this position for problem...
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...Introduction In this paper I will be discussing different methods of improving test taking abilities, study skills, and over all academic abilities. I will touch on study habits that aid memory which is Organization, Overlearning, Spaced practice, and Active learning. I will also touch on topics such as Test Preparation, The Test, and Post Test to help you understand everything to need to know about what you should do before, during, and after the test. I will show you there are three main ways to improve your academic abilities such as Determining Your Concentration Span, Maximizing Recall, and Better Reading (The Q-S-R Technique. All very interested topics and all are relatedly to improving yourself for the next time you have to write a test. Improving Study Skills First we will look at the four study habits that aid memory and you can use these methods for improving your study skills. (Wood, 2011) These study habits are Organization, Overlearning, Spaced practice, and Active learning and I will explain each of these topics in the next few paragraphs. (Wood, 2011) Organization The first study habit is Organization and it is very effective for improving your studying skills. (Wood, 2011) For example a telephone book would be useless if names and numbers were listed in a casual order. (Wood, 2011) Your memory will probably not be able to handle remembering large amounts of information in a random order. (Wood, 2011) Organizing your information to be learned is a great aid...
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