1. FIN 571 GENIUS Experience Tradition /fin571genius.com FOR MORE CLASSES VISIT www.fin571genius.com

2. FIN 571 Week 1 Connect Problems (Math and Accounting Review) FIN 571 Week 1 Connect Problems (Math & Accounting Review) 1. Functions Excel will make your life as a finance student much easier. This section will show how to use various functions in Excel. Once you understand the how and why of a particular financial equation, you can make 1. Which Excel cell entry will calculate the square root of 165? 2. Which statements about Excel’s FV function are correct? 3. Which fields are required to calculate net present value (NPV) in Excel? 4. Which Excel function is used to calculate the amount of each annuity payment? 5. Which fields are required to calculate the rate of return (RATE) for a present value calculation in Excel? 2. The Balance Sheet This lesson will help you refresh your knowledge on the basics of the balance sheet. Brushing up on these concepts now will help you tackle your finance coursework later. General Ledger for XYZ Company. The following is a portion of the general ledger for XYZ Company as of December 31, 20X1, and the statement of stockholders’ equity for XYZ Company for the year ended December 31, 20X1. Use this information to answer questions (1) through (5). 1. What is the total amount of current assets to be reported on XYZ Company’s 12/31/X1 classified balance sheet? 2. What is the total amount of long-term assets to be reported on XYZ Company’s 12/31/X1 classified balance sheet? 3. What is the total amount of current liabilities to be reported on XYZ Company’s 12/31/X1 classified balance sheet? 4. What is the ending balance in retained earnings to be reported on XYZ Company’s 12/31/X1 classified

3. FIN 571 Week 1 Connect Problems (Week 1 Problem Set) FIN 571 Week 1 Connect Problems (Week 1 Problem Set) 1.If a firm is currently profitable, then: 2.Short-term finance deals with: 3.A stakeholder is any person or entity: 4.Which one of these best fits the description of an agency cost? 5.The primary goal of financial management is to: 6.Which one of the following business types is best suited to raising large amounts of capital? 7.Accounting profits and cash flows are generally: 8.Your credit card company charges you 1.00 percent per month. What is the annual percentage rate on your account? 9.What is the future value of $920 a year for 5 years at a 6 percent interest? 10.Some time ago, Julie purchased eleven acres of land costing $15,590. Today, that land is valued at $63,123. How long has she owned this land if the price of the land has been increasing at 6 percent per year? 11.First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest compounded annually. If you made a $57,000 deposit in each bank, how much more money would you earn from your Second City Bank account at the end of 10 years? 12.Show correct answer a. Compute the future value of $2,000 compounded annually for 10 years at 7 percent. b. Compute the future value of $2,000 compounded annually for 10 years at 12 percent. c. Compute the future value of $2,000 compounded annually for 15 years at 7 percent 13.Show correct answer For each of the following, compute the present value 14.Show correct answer Wilkinson Co. has identified an investment project with the following cash flows: a. If the discount rate is 9 percent, what is the present value of these cash flows? b. If the discount rate is 16 percent, what is the present value of these cash flows? c. If the discount rate is 25 percent, what is the present value of these cash flows? 15.You own 300 shares of Western Feed Mills stock valued at $36.72 per share. What is the dividend yield if your annual dividend income is $322? 16.Show correct answer Suppose a stock had an initial price of $68 per share, paid a dividend of $2.00 per share during the year, and had an ending share price of $80. Compute the percentage total return. 17.Show correct answer You’ve observed the following returns on SkyNet Data Corporation’s stock over the past five years: 17 percent, –15 percent, 19 percent, 29 percent, and 10 percent. Suppose the average inflation rate over this period was 2.6 percent, and the average T-bill rate over the period was 4.3 percent. a. What was the average real return on the stock? b. What was the average nominal risk premium on the stock?

4. FIN 571 Week 1 DQ 1 What is ethics? If you follow all applicable rules and regulations, are you an ethical person?

5. FIN 571 Week 1 DQ 2 Assume that interest rates have increased substantially. Would this tend to increase or decrease the market value (meaning the price an investor in the firm's paper is willing to pay) of a firm’s liabilities (relative to the book value of liabilities)? This question is referring to a firm's liability such as a bond or debenture that has been issued in the markets. What happens to the price an investor who is looking to purchase that bond or debenture is willing to pay if the market interest rate increases above the rate that the bond or debenture pays.

6. FIN 571 Week 1 Individual Assignment Business Structures Watch the "Your Business Structure" and "Corporate Business Structures" videos on the Electronics Reserve Readings page. Identify the different business structures. Write a 350 to 700 word explanation of how each business structure might and might not be advantageous. Click the Assignment Files tab to submit your assignment.

7. FIN 571 Week 2 Connect Problems FIN 571 Week 2 Connect Problems 1.Sankey, Inc., has current assets of $4,230, net fixed assets of $25,700, current liabilities of $3,500, and long-term debt of $14,400. What is the value of the shareholders' equity account for this firm? 2.Which one of the following assets is generally the most liquid? 3.Which one of the following accounts is included in stockholders' equity? 4.It is easier to evaluate a firm using its financial statements when the firm: 5.Which one of these accounts is classified as a current asset on the balance sheet? 6.Sankey, Inc., has current assets of $4,500, net fixed assets of $23,500, current liabilities of $2,750, and long- term debt of $12,900. What is the value of the shareholders' equity account for this firm? 7.Shelton, Inc., has sales of $396,000, costs of $184,000, depreciation expense of $49,000, interest expense of $30,000, and a tax rate of 35 percent. What is the net income for the firm? 8.During the year, the Senbet Discount Tire Company had gross sales of $1.12 million. The firm’s cost of goods sold and selling expenses were $531,000 and $221,000, respectively. The firm also had notes payable of $860,000. These notes carried an interest rate of 6 percent. Depreciation was $136,000. The firm’s tax rate was 40 percent. a. What was the firm’s net income? b. What was the firm’s operating cash flow? 9.Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent): a. Prepare an income statement for this company for 2014 and 2015. b. Prepare the balance sheet for this company for 2014 and 2015. 10.Jessica's Boutique has cash of $54, accounts receivable of $52, accounts payable of $220, and inventory of $160. What is the value of the quick ratio? 11.Al's Sport Store has sales of $3,020, costs of goods sold of $2,020, inventory of $523, and accounts receivable of $448. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit? 12.Which statement expresses all accounts as a percentage of total assets? 13.The inventory turnover ratio is measured as: 14.The total asset turnover ratio measures the amount of: 15.A firm has a debt-equity ratio of.44. What is the total debt ratio? 16.A firm has total debt of $1,340 and a debt-equity ratio of.27. What is the value of the total assets? 17.A firm has a total debt ratio of.47. This means the firm has 47 cents in debt for every: 18.Which one of the following sets of ratios would generally be of the most interest to stockholders? 19.Ratios that measure how efficiently a firm's management uses its assets and equity to generate bottom line net income are known as _______ ratios. 20.The higher the inventory turnover, the: 21.The debt-equity ratio is measured as: 22.The Purple Martin has annual sales of $4,600, total debt of $1,220, total equity of $2,300, and a profit margin of 6 percent.

8. FIN 571 Week 2 DQ 1 In order to receive proper credit, please reply to this message when posting your answers to WK2 DQ1. Suppose you own $1 million worth of 30-year Treasury bonds. Is this asset riskless?  You own $1 million worth of 90-day Treasury bills. You “roll over” this investment every 90 days by reinvesting the proceeds in another issue of 90- day Treasury bills. Is this investment riskless?  Can you think of an asset that is truly riskless?

9. FIN 571 Week 2 DQ 2 Suppose r f is 5% and r M is 10%. According to the SML and the CAPM, an asset with a beta of −2.0 has a required return of negative 5% [= 5 − 2(10 − 5)]. Can this be possible? Does this mean that the asset has negative risk? Why would anyone ever invest in an asset that has an expected and required return that is negative? Explain

10. FIN 571 Week 2 Individual Assignment Business Structure Advice Write a 350 to 700 word response to the following e-mail: Dear Consultant, I am currently starting a business and developing my business plan. I'm in need of some advice on how to start forming my business. I am not sure exactly how it will be financed and whether or not I want to take on partners. I am interested and willing to learn the intricacies of my options to determine how to best proceed with my plan. Please advise on what my options are, the advantages and disadvantages of each, and possible tax consequences for each scenario? Respectfully, John Owner Click the Assignment Files tab to submit your assignment.

11. FIN 571 Week 2 Individual Assignment Ethics and Finance The Sarbanes-Oxley Act of 2002 (SOX) was passed as the result of the Enron scandal and other instances of accounting fraud. This act was passed to strengthen the role of the Securities and Exchange Commission (SEC). Research a case of corporate financial abuse related to the Sarbanes-Oxley Act of 2002 and apply this to your current work or desired place of employment. Create a 1,400- word analysis of the application of SOX in which you include the following: Discuss the mistakes made by the company and their leadership. Discuss the steps leadership could have taken to prevent or mitigate the repercussions. Explain the role of market pressures on unethical behavior. Examine the influence of the basics of finance and how the Sarbanes-Oxley Act of 2002 changed things. Evaluate the influence of Sarbanes-Oxley Act on ethical behavior. Are businesses more ethical since the enactment? Explain the changes companies needed to make in how they use and present financial statements. Discuss how SOX has affected your current place of employment if at all, and if not, how it has affected others in the same industry. Cite a minimum of 2 scholarly sources. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

12. FIN 571 Week 2 Individual Assignment Ratio Analysis Problems Ratio Analysis Problems Ratio Analysis (Individual Assignment) You may use excel or word.doc format for this assignment. Please post your homework as a word.doc or excel file in the class discussion section below by the due date. 1. Analysis of cost of goods sold problem. 1992 1993 1994 Gross Profit Margin 60% 55% 51% What is happening to cost of goods sold? As was done in the week 2 online lecture on ratio analysis, please assume sales of 1 dollar each year as you do your analysis. This problem follows the process shown in the Week 2 Ratio Analysis online lecture section titled: "Another Income Statement Analytical Approach: Percent of Sales" (5 points) 2. Overhead (or Sales, General and Administrative Expense) problem. 1992 1993 1994 Gross Profit Margin 40% 39% 41% Operating Margin (NOI/Sales) 15% 10% 5% What is happening to S,G and A (or overhead expenses)? Please set up an illustration assuming sales of 1.00 dollar each year just as you did in problem number one. (5 points) 3. Balance Sheet Problem 1992 1993 1994 Annual Sales Growth (over prior yr) + 1% 0% +1% Current Ratio 3.5X 2X 1.2X Average Collection Period 25 days 30 days 55 days What is happening to liquidity? Why? What are some follow-up questions your would ask? (5 points) 4. Using the data provided below, which is the better managed company? Why? Please support your answers by calculating appropriate ratios. (5 points) Company A Company B Sales 10 million dollars 20 million dollars Net Income 1 million dollars 2 million dollars Total Assets 10 million dollars 15 million dollars Click the Assignment Files tab to submit your assignment.

13. FIN 571 Week 2 Learning Team Reflection Read the Ethics case, "A Sad Tale: The Demise of Arthur Anderson" located in the WileyPLUS Week Fundamentals of Corporate Finance Chapter readings. Discuss the mistakes made by Arthur Anderson and potential actions that leadership could have taken to prevent the organizational failure. Write a 350- to 700-word summary of your discussion. Click the Assignment Files tab to submit your assignment.

14. FIN 571 Week 3 Connect Problems FIN 571 Week 3 Connect Problems If the Garnett Corp. has a 15 percent ROE and a 25 percent payout ratio, what is its sustainable growth rate? 1.If the Hunter Corp. has an ROE of 15 and a payout ratio of 18 percent, what is its sustainable growth rate 2.The most recent financial statements for Williamson, Inc., are shown here Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year’s sales are projected to be $8,418. What is the external financing needed? 3.The maximum rate at which a firm can grow while maintaining a constant debt- equity ratio is best defined by its: 4.Financial planning, when properly executed: 5.Projected future financial statements are called: 6.Which account is least apt to vary directly with sales? 7.Which one of the following depicts a correct relationship? 8.One of the primary weaknesses of many financial planning models is that they: 9.In the financial planning model, the external financing needed (EFN) as shown on a pro forma balance sheet is equal to the changes in assets: 10.The external funds needed (EFN) equation projects the addition to retained earnings as: 11.Marcie's Mercantile wants to maintain its current dividend policy, which is a payout ratio of 35 percent. The firm does not want to increase its equity financing but is willing to maintain its current debt-equity ratio. Given these requirements, the maximum rate at which Marcie's can grow is equal to: 12.The sustainable growth rate will be equivalent to the internal growth rate when, and only when,: 13.The minimum level of inventory that a firm wants to keep on hand at all times is referred to as: 14.The operating cycle can be decreased by: 15.The cash cycle is defined as the time between: 16.Selling goods and services on credit is: 17.The three components of credit policy are: 18.Given a fixed level of sales and a constant profit margin, an increase in the accounts payable period can result from: 19.On September 1, a firm grants credit with terms of 2/10 net 30. The creditor: 20.The credit period begins on the: 21.When credit is granted to another firm this gives rise to a(n): 22.Since the credit decision usually includes riskier customers, the decision should adjust for this by: 23.Jordan and Sons has an inventory period of 48.6 days, an accounts payable period of 36.2 days, and an accounts receivable period of 29.3 days. Management is considering offering a 5 percent discount if its credit customers pay for their purchases within 10 days. This discount is expected to reduce the receivables period by 17 days. If the discount is offered, the operating cycle will decrease from ___ days to ___ days. 24.Brown’s Market currently has an operating cycle of 76.8 days. It is planning some operational changes that are expected to decrease the accounts receivable period by 2.8 days and decrease the inventory period by 3.1 days. The accounts payable turnover rate is expected to increase from 9 to 11.5 times per year. If all of these changes are adopted, what will be the firm's new operating cycle? 25.On average, D & M sells its inventory in 37 days, collects on its receivables in 3.4 days, and takes 35 days to pay for its purchases. What is the length of the firm’s operating cycle? 26.A firm has an inventory turnover rate of 15.7, a receivables turnover rate of 20.2, and a payables turnover rate of 14.6. How long is the cash cycle?

15. FIN 571 Week 3 DQ 1 Why are interest rates on short-term loans not necessarily comparable to each other? Give three possible reasons.

16. FIN 571 Week 3 DQ 2 Optical Supply Company offers credit terms of 2/10, net 60. If Optical Supply is considering a change in its credit terms to one of those indicated, explain whether the change should increase or decrease sales. (a) 2/10, net 30, (b) net 60, (c) 3/15, net 60, (d) 2/10, net 30, 30 extra

17. FIN 571 Week 3 Individual Assignment Interpreting Financial Results Resource: Financial Statements for the company assigned by your instructor in Week 2. Review the assigned company's financial statements from the past three years. Calculate the financial ratios for the assigned company's financial statements, and then interpret those results against company historical data as well as industry benchmarks: Compare the financial ratios with each of the preceding three (3) years (e.g. 2014 with 2013; 2013 with 2012; and 2012 with 2011). Compare the calculated financial ratios against the industry benchmarks for the industry of your assigned company. Write a 500 to 750 word summary of your analysis. Show financial calculations where appropriate. Click the Assignment Files tab to submit your assignment.

18. FIN 571 Week 3 Learning Team Reflection Watch the "Concept Review Video: Working Capital Management" video located in theWileyPLUS Assignment: Week 3 Videos Activity. Discuss strategies these business owners used to manage their working capital. Write a 350-700 word summary of your discussion. Click the Assignment Files tab to submit your assignment.

19. FIN 571 Week 3 Team Assignment Financial Statement Interpretation Select three publicly traded companies. Choose one each from the following sectors: manufacturing, service, and retail. At least one of the three companies should be foreign. If possible, choose from among the team members' places of business or similar industries. Calculate the following: Current ratio Quick ratio Net profit margin Asset utilization Financial leverage Analyze the Return on Equity (ROE) for the last 2 years using the DuPont method. Develop a 2,100-word comparison of your three companies in which you include the following: Discuss the differences in the industries Discuss the different measurement conventions and how this affects presentations. Contrast IASB basis for accounting (IFRS) and FASB/GAAP accounting. Compare the three companies and their strategies for managing their working capital. Discuss the financial ratios and analyses and what they indicate about the companies and their financial forecast. Incorporate the calculated ratios and analysis into the paper. Include the financial statements for the 3 companies as an appendix to the paper. Cite at least 3 scholarly sources. Format the paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

20. FIN 571 Week 4 Connect Problems FIN 571 Week 4 Connect Problems 1.Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 20 years to maturity, and a coupon rate of 7 percent paid annually.If the yield to maturity is 8.1 percent, what is the current price of the bond? 2.Microhard has issued a bond with the following characteristics: Calculate the price of this bond if the YTM is : 3.Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 5.5 percent paid semiannually and 16 years to maturity. The yield to maturity of the bond is 5.8 percent. What is the dollar price of the bond? 4.The next dividend payment by ECY, Inc., will be $1.96 per share. The dividends are anticipated to maintain a growth rate of 4 percent, forever. The stock currently sells for $39 per share. What is the dividend yield? What is the expected capital gains yield? 5.Siblings, Inc., is expected to maintain a constant 3.6 percent growth rate in its dividends, indefinitely. The company has a dividend yield of 5.4 percent. What is the required return on the company's stock? 6.Ayden, Inc., has an issue of preferred stock outstanding that pays a dividend of $6.75 every year, in perpetuity. This issue currently sells for $93 per share.What is the required return?

21. FIN 571 Week 4 DQ 1 A firm uses a single discount rate to compute the NPV of all its potential capital budgeting projects, even though the projects have a wide range of nondiversifiable risk. The firm then undertakes all those projects that appear to have positive NPVs. Briefly explain why such a firm would tend to become riskier over time.

22. FIN 571 Week 4 DQ 2 Phyllis believes that the firm should use straight-line depreciation for a capital project because it results in higher net income during the early years of the project’s life. Joanna believes that the firm should use the modified accelerated cost recovery system depreciation because it reduces the tax liability during the early years of the project’s life. Assuming you have a choice between depreciation methods, whose advice should you follow? Why?

23. FIN 571 Week 4 Individual Assignment Analyzing Pro Forma Statements Decide upon an initiative you want to implement that would increase sales over the next five years, (for example, market another product, corporate expansion, and so on). Using the sample financial statements, create pro forma statements of five year projections that are clear, concise, and easy to read. Be sure to double check the calculations in your pro forma statements. Make assumptions that support each line item increase or decrease for your forecasted statements. Discuss and interpret the financials in relation to the initiative. Make recommendations on potential discretionary financing needs. Write a 350 - 700 word analysis of the company's short term and long term financing needs and determine strategies for the company to manage working capital. Click the Assignment Files tab to submit your assignment.

24. FIN 571 Week 4 Learning Team Reflection Watch the "Concept Review Video: Stock Valuation" video located in the WileyPLUS Assignment: Week 4 Videos Activity. Discuss how markets and investors value a stock. Write a 350-700 word summary of your discussion. Click the Assignment Files tab to submit your assignment.

25. FIN 571 Week 4 Team Assignment Operating Leverage and Forecasting Operating Leverage and Forecasting Problems Team Assignment Please complete the following problems. When calculating earnings per share and PE ratios, please show your work. This problem is similar to the examples shown in the lecture. You manufacture hunting pack systems in China for 80 dollars each, including shipping. The manufacturing costs only include variable costs. Variable costs are not calculated as a percentage of sales in this case. Sales are a function of the number of packs sold and the price per pack. Likewise, variable costs are a function of the number of packs sold and the cost to produce each pack. You sell these packs to retailers for 200 dollars each. In the current year you will sell 100,000 packs. Your fixed costs including such items as insurance, marketing, travel, shows, office supplies, warehouse rentals etc. totals 5 million dollars this year and are not part of the 80 dollars per pack manufacturing cost. The federal income tax rate for your company is 40 percent. Your company is publicly traded on the NASDAQ with 1,000,000 shares outstanding. Please create a current income statement using the same format as found in the lecture. (5 points) Please calculate earnings per share. (2 points) Please calculate the price/earnings multiple assuming that the current stock price is 10 dollars per share. (2 points) Create a two-year forecast of the income statement from the information provided in problem number one. Please create three columns of data: current year, year 2, and year 3. Assume that sales increase ten percent per year for year's two and three. Please show the earnings per share for each of the three years. (10 points) 3. Please estimate the stock price for year's two and three, assuming that the current PE multiple remains constant for each of the two forecasted years. (6 points)

26. FIN 571 Week 5 Connect Problems 1.The difference between the present value of an investment’s future cash flows and its initial cost is the: payback period. internal rate of return. profitability index. discounted payback period. net present value. 2.Which statement concerning the net present value (NPV) of an investment or a financing project is correct? An investment project that has positive cash flows for every time period after the initial investment should be accepted. Any type of project should be accepted if the NPV is positive and rejected if it is negative. A financing project should be accepted if, and only if, the NPV is exactly equal to zero. Any type of project with greater total cash inflows than total cash outflows, should always be accepted. An investment project should be accepted only if the NPV is equal to the initial cash flow. 3.The primary reason that company projects with positive net present values are considered acceptable is that: they create value for the owners of the firm. the investment's cost exceeds the present value of the cash inflows. the project's rate of return exceeds the rate of inflation. the required cash inflows exceed the actual cash inflows. they return the initial cash outlay within three years or less. 4.Accepting a positive net present value (NPV) project: indicates the project will pay back within the required period of time. is expected to increase the stockholders’ value by the amount of the NPV. ignores the inherent risks within the project. guarantees all cash flow assumptions will be realized. means the present value of the expected cash flows is equal to the project’s cost. 5.The net present value method of capital budgeting analysis does all of the following except: use all of a project's cash flows. discount all future cash flows. consider all relevant cash flow information. incorporate risk into the analysis. provide a specific anticipated rate of return. 6.What is the net present value of a project with an initial cost of $36,900 and cash inflows of $13,400, $21,600, and $10,000 for Years 1 to 3, respectively? The discount rate is 13 percent. 7.Maxwell Software, Inc., has the following mutually exclusive projects. a-1. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Payback period Project A 1.938 years Project B 2.063 years ________________________________________ a-2.

27. FIN 571 Week 5 DQ 1 Because the weighted average is always a correct measure of a required return, why do firms not create securities to finance each project and offer them in the capital market in order to accurately determine the required return for the project?

28. FIN 571 Week 5 DQ 2 The development of the new issue junk bond market had important implications for capital structure choice. The existence of a viable junk bond market means that firms can comfortably maintain higher degrees of leverage than they could prior to the development of this market. Do you agree or disagree? Justify your answer.

29. FIN 571 Week 5 Individual Assignment DCF and WACC Problems Discounted Cash Flows and WACC Homework Problems Please post the answers (and show your work) in the assignments section by midnight the last day of the week assigned. Calculate the future value of 1,535 invested today for 8 years at 6 percent. (5 points) What is the total present value of the following cash stream, discounted at 8 percent? (5 points) Year Amount 1 400 2 750 3 945 4 145 5 78 3. If you invested $2,000 per year into an IRA for 30 years and received 6 percent return each year, what would the account balance be in 30 years? (5 points)

30. FIN 571 Week 5 Learning Team Reflection Watch the "Concept Review Video: Cost of Capital" video located in the WileyPLUS Assignment: Week 5 Videos Activity. Discuss some of the corporate finance challenges faced by this company. Write a 350-700 word summary of your discussion. Click the Assignment Files tab to submit your assignment.

31. FIN 571 Week 5 Team Assignment Capital Budgeting Assignment, Part 1 (New Heritage Doll) Acting as the executive team for a small company, your team will apply the principles of capital budgeting to invest in growth and cash flow improvement opportunities in three phases over 10 simulated years. Each opportunity has a unique financial profile and you must analyze the effects on working capital. Examples of opportunities include taking on new customers, capitalizing on supplier discounts, and reducing inventory. The team must understand how the income statement, balance sheet, and statement of cash flows are interconnected and be able to analyze forecasted financial information to consider possible effects of each opportunity on the firm's financial position. The company operates on thin margins with a constrained cash position and limited available credit. You must optimize use of internal and external credit as you balance the desire for growth with the need for maintaining liquidity. Create a 1,050-word analysis of the team members' decisions during each phase (1-3) and how they influenced each member's final results. Analyze the influence of member's decisions on sales outcomes or metrics of SNC. Analyze the influence of member's decisions on EBIT outcomes or metrics of SNC. Assess the influence of member's decisions on Net Income outcomes or metrics of SNC. Analyze the influence of member's decisions on Free Cash Flow outcomes or metrics of SNC. Assess the influence of member's decisions on Total Firm Value outcomes or metrics of SNC. Cite a minimum of two scholarly references. Format your assignment consistent with APA guidelines.

32. FIN 571 Week 6 Individual Assignment Working Capital Simulation Managing Growth Assignment Resources: Harvard Business Publishing: Working Capital Simulation: Managing Growth Assignment Ch. 1 - 21 ofFundamentals of Corporate Finance WileyPLUS Assignments All additional resources from each week Review the following scenario: Acting as the CEO of a small company, you will apply the principles of capital budgeting to invest in growth and cash flow improvement opportunities in three phases over 10 simulated years. Each opportunity has a unique financial profile and you must analyze the effects on working capital. Examples of opportunities include taking on new customers, capitalizing on supplier discounts, and reducing inventory. You must understand how the income statement, balance sheet, and statement of cash flows are interconnected and be able to analyze forecasted financial information to consider possible effects of each opportunity on the firm's financial position. The company operates on thin margins with a constrained cash position and limited available credit. You must optimize use of internal and external credit as you balance the desire for growth with the need for maintaining liquidity. Sign-in to the simulation and review each of the following: Welcome Statement How to Play Terminology Primer More Details (this includes information to help you understand how to play the simulation) Write a paper of no more than 1,400 words that analyzes your decisions during each phase (1-3) and how they influenced each of the following final outcomes (metrics) of SNC: Sales EBIT Net Income Free Cash Flow Total Firm Value Address the following in your paper: A summary of your decisions and why you made them How they affected SNC's working capital What general effects are associated with limited access to financing Include scholarly references (in addition to your course textbook and simulation materials) to support your positions. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

33. FIN 571 Week 6 Team Assignment Capital Budgeting Assignment, Part 2 (New Heritage Doll) The executive team of New Heritage Doll has completed the decision making for capital budgeting for the firm. Now the team must decide which decisions and approach were the best for the company. The executive team must create a presentation to be given to the board members of New Heritage Doll Compare the decisions and results of all members of the team. Create a 20-slide Microsoft® PowerPoint® presentation that includes detailed speaker notes that act as the script of the presentation in which you include the following: Summarize the decisions made by each member. Explain why those decisions were made. Analyze the effects the team's decisions had on New Heritage Doll working capital. Select one plan from the team's results to propose as the best option for SNC Defend this option to the board including all supporting documentation. Cite a minimum of three scholarly sources. Click the Assignment Files tab to submit your assignment.

34. FIN 571 GENIUS Experience Tradition /fin571genius.com FOR MORE CLASSES VISIT www.fin571genius.com