Finc5000 Homework Assignment for Week 8:

In: Business and Management

Submitted By Laynebaril
Words 417
Pages 2
FINC5000 Homework Assignment for Week 8:
Click Link Below To Buy: http://hwcampus.com/shop/finc5000-homework-assignment-for-week-8/ For Week 8, please turn in the answers to the following questions:
1. The FINC 5000 Associates Corporation (FAC) has begun selling a new product and they want you to help them with next year’s pro forma financial statements. Using the worksheet below, complete the company’s forecast.
Assumptions:
To begin with, FAC is sure sales will grow 20% next year. Assume that is true. Then assume that COGS, Current Assets, and Current Liabilities all vary directly with Sales (that means if sales grows a certain percentage, then the account in question will grow by that same percentage). Assume that fixed expenses will remain unchanged and that $1500 worth of new Fixed Assets will be obtained next year. Lastly, the current dividend policy will be continued next year.
FINC 5000 Associates Corporation
Financial Forecast
Estimated
This year for next year
Sales $10,000 ________
COGS 4,000 ________
Gross Profit 6,000 ________
Fixed Expenses 3,000 ________
Before Tax Profit 3,000 ________
Tax @ 33.3333% 1,000 ________
Net Profit $2,000 ________
Dividends $0 ________
Current Assets $25,000 ________
Net Fixed Assets 15,000 ________
Total Assets $40,000 ________
Current Liabilities $17,000 ________
Long term debt 3,000 ________
Common Stock 7,000 ________
Retained Earnings 13,000 ________
Total Liabs & Eq $40,000 ________
(AFN) = ________
2. The Wonders Corporation (WC) has begun selling a new product and they want you to help them determine if they need additional funding (AFN) next year. Using the AFN formula method, calculate WWC’s AFN for next year (if any).
The company’s latest financial statements are shown below. Sales growth next year is forecast to be 20% and the net profit margin is expected to remain the same as it…...

Similar Documents

Week 1 Homework Assignment

...Will Davis July 13, 2014 Week 1 Homework Assignment Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why? NIMS (National Incidence Management System) also known as FEMA. When there is a natural disaster, emergency crews (fire department, ambulance, police etc.) is usually the first help on the scene to help people out. Socialism system offers the best solution for handling emergency situations because the government takes care of paying the people who work there so everyone can focus on helping the people in need. Being a not for profit organization means that everyone doing what they are supposed to and looking after injured people's best interest. Socialism in its perfect form (which rarely ever happens) seems to be the best economic system because it teaches people how to share things with your neighbor and to help out on the time of need. Describe and explain why a socialist system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010. A socialist society is more likely to have immediate and controlled impact on an emergency situation like the ones suffered in recent years throughout the world. Socialist societies are base in the good of the nation and the human needs of the people making them more efficient in regrouping and reorganizing their efforts. In these societies, each person has a......

Words: 829 - Pages: 4

Psych 610 Week 8 Individual Assignment Homework Exercise

...This file of PSYCH 610 Week 8 Individual Assignment Homework Exercise consists of: 1. What is replication, and what role does it play in increasing the external validity or generalizability of a study? In what way is the IRB involved in using participants in a research study? 2. What are the advantages and disadvantages of using college students as participants in research studies? 3. What potential problems can arise from generalization of results to different cultures or ethnic groups? 4. What is meta-analysis, and how is it useful to practitioners and scholars? 5. True or false: In many cases, meta analyses involves calculating an average effect size for a relationship between variables. 6. True or false: Many constructs, such as physical attractiveness and self-esteem, appear constant across cultures; thus, external validity is less of a concern when conducting research on such constructs. Provide a brief explanation of your answer. 7. Summarize the main points of the course, emphasizing the importance of research to the psychology profession. Psychology - General Psychology Week Eight Homework Exercise Answer the following questions covering material from Ch. 14 of Methods in Behavioral Research : 1.  What is replication, and what role does it play in increasing the external validity or generalizability of a study? In what way is the IRB involved in using participants in a research study? 2.  What are the advantages and disadvantages...

Words: 365 - Pages: 2

Week 1 Homework Assignment

...BUSN 5200 Homework Assignment for Week 1: 1. Describe the field of finance. How is it different from the field of accounting? Finance is a multifaceted field that relates to many aspects of life and business and it is beneficial to understand its impact. Knowing how finance works in different areas is crucial in budgeting investing and making your assets go far. In the text, Finance consists of three areas; corporate finance, investments and financial institutions. Corporate finance ( synonymous with business finance). Investments, which consist of financial assets like stocks, bonds; in this field you deal a lot with stock brokers as well as security or financial analysts. Financial institutions which are most commonly banks, insurance agencies, etc. and deal with financial transactions. There is a fourth element which the former three categories fall under which is international finance; however, is overseas and expands the definition of finance. Accounting vs Finance. Accountants should possess at least a general knowledge and more depending on their occupation because Finance and Accounting should go hand in hand, meaning one cannot exist without the other. In areas of corporate finance it is required to have accounting experience or education because many accounting principles use finance in its business decisions and duties. Additionally, as finance grows and changes it affects accounting practices, i.e. financial statements. Furthermore, cost......

Words: 1439 - Pages: 6

Fin534 Week 8 Homework

...FIN534 Week 8 Homework Download A+++ plgrism free and 100% accurate answer from here http://www.homeworkmarket.com/content/fin534-week-8-homework 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 5: Assume you are presented with the following mutually exclusive investments whose expected net cash flows are as follows: 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? 4. 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.) 5. What is the crossover rate, and what is its significance? Use the following information for Questions 6 through......

Words: 676 - Pages: 3

Acc 317 Week 8 Homework Acc317 Week 8 Homework

...http://workbank247.com/q/acc-317-week-1-to-week-11-discussions-and-homework/10462 http://workbank247.com/q/acc-317-week-1-to-week-11-discussions-and-homework/10462 ACC 317 Week 1 Discussion "Corporate Tax Resources" Please respond to the following: * From the first part of the e-Activity, identify one (1) interesting piece of information related to corporate tax that you found surprising, and explain why you found it to be surprising. * From the second part of the e-Activity, identify the challenges in locating Form 1120, the instructions for this form, and any supporting schedules in preparation for a corporate tax return. ACC 317 Week 1 Homework Click the link above to submit this assignment. Homework * Chapter 17: 28, 38, and 45 * Chapter 18: 33 and 44 ACC 317 Week 2 Discussion "Corporate Election" Please respond to the following: * Suggest at least two (2) factors that may contribute to a business owner opting to become a corporation, and ascertain the primary tax effects as a result. Provide support for your rationale. * According to the textbook, limited liability companies (LLCs) are becoming more and more popular in the United States. Analyze this growth, and give your opinion on the way in which this growth is affecting new businesses and their decision to operate as corporations. Provide support for your findings. ACC 317 Week 2 Homework Click the link above to submit this assignment. Homework: * Chapter 19: 32, 42, and 51 ACC 317 Week 3......

Words: 1525 - Pages: 7

Bus515 Week 8 Homework Bus 515 Week 8 Homework

...com/q/bus-515-complete-course/2105 BUS515 week 1 Discussion 1 "Understanding OM" Please respond to the following: Compare and contrast an existing organization’s three major functions (i.e., finance, marketing, and operations), and then justify the interdependence that operations have to finance and marketing. Provide examples to support your rationale. Analyze the role of an operations manager, and then determine three challenges that an operations manager will respond to differently within a manufacturing industry as opposed to a service industry. BUS515 week 1 Discussion 2 "Development of OM" Please respond to the following: Evaluate three historical developments in OM, focusing on one major movement in history. Next, assess the significance that each of the three selected developments had during the corresponding time period. Support the argument that customers’ demands have impacted today’s OM environment. Provide examples to support your rationale. BUS515 week 2 Discussion 1 "Operation Strategy and Competitiveness" Please respond to the following: Analyze one existing business operations strategy, and then evaluate how well or how poorly the chosen strategy supports that business’ vision, mission, and business plan. Provide support for your rationale. Suggest the competitive priorities that the existing business that you chose used in the development of its operations strategy. Provide specific examples to support your suggestion. BUS515 week 2 Discussion......

Words: 4970 - Pages: 20

Fin 550 Week 8 Homework Fin550 Week 8 Homework

...FIN 550 FIN550 week 1 to week 11 Complete Course Click below link for Answer visit www.workbank247.com http://workbank247.com/q/fin-550-week-1-to-week-11-complete-course-fin550-w/9896 http://workbank247.com/q/fin-550-week-1-to-week-11-complete-course-fin550-w/9896 FIN 550 Week 1 Discussion "Investment Performance and Decisions"  Please respond to the following: * From the e-Activity, predict the performance of the DOW for the next two years. Provide support for your prediction. * Analyze the factors that influence investment decisions at different stages in an investor’s life cycle, and make a recommendation at which stage the average investor should consider financial investments. Provide support for your recommendation. FIN 550 Week 1 Homework * Chapter 1: Problems 5(a-d), 7, 9, and 12 * Chapter 2: Problems 4(a-b), 5(a-b), and 6(a-b) * •Chapter 1: Problems 5(a-d), 7, 9, and 12 *   *  5. During the past five years, you owned two stocks that had the following annual rates of *   * return: *   * Year                                 Stock T               Stock B *   * 1                                    0.19                      0.08 *   * 2                                    0.08                      0.03 *   * 3                                   −0.12                  −0.09 *   * 4                                   −0.03                    0.02 *   *......

Words: 3754 - Pages: 16

Mat540 Week 8 Homework Mat 540 Week 8 Homework

... MAT 540 MAT540 Complete Homework Assignment Click below link for Answer or visit www.workbank247.com http://workbank247.com/q/mat540-week-1-to-week-11-homework-latest-2015/10483 http://workbank247.com/q/mat540-week-1-to-week-11-homework-latest-2015/10483 MAT540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $55,000.The variable cost of recapping a tire is $8.The company charges $21 to recap a tire. a. For an annual volume of 10,000 tires, determine the total cost, total revenue, and profit. b. Determine the annual break-even volume for the Retread Tire Company operation. 2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $30,000, and its variable cost per pound of fertilizer is $0.16. Evergreen sells the fertilizer for $0.40 per pound. Determine the monthly break-even volume for the company. 3. If Evergreen Fertilizer Company in Problem 2 changes the price of its fertilizer from $0.40 per pound to $0.60 per pound, what effect will the change have on the break-even volume? 4. If Evergreen Fertilizer Company increases its advertising expenditures by $14,000 per year, what effect will the increase have on the break-even volume computed in Problem 2? 5. Annie McCoy, a student at Tech, plans to open a hot dog stand inside Tech’s football stadium during home games. There are seven home games scheduled for the...

Words: 7099 - Pages: 29

Mat 510 Mat510 Week 8 Homework Assignment 7

...MAT 510 MAT510 Week 8 Discussion http://workbank247.com/q/mat-510-mat510-week-8-homework-case-study-discussi/20075 http://workbank247.com/q/mat-510-mat510-week-8-homework-case-study-discussi/20075 Select one (1) project from your working or educational environment that you would apply the DOE technique for the work process. Next, analyze the overall manner in which you would utilize DOE to manage and improve the work process of the project in question. Provide a rationale for your response.  MAT 510 MAT510 Week 8 Homework Assignment 7 http://workbank247.com/q/mat-510-mat510-week-8-homework-case-study-discussi/20075 http://workbank247.com/q/mat-510-mat510-week-8-homework-case-study-discussi/20075 Due in Week 8 and worth 30 points The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table. Table: Invoice Experiment Error Customer Size | Customer Location | Product Type | Number of Errors | - | - | - | 15 | + | - | - | 18 | - | + | - | 6 | + | + | - |......

Words: 683 - Pages: 3

Mat 510 Week 8 Homework Assignment 7

...510 WEEK 8 HOMEWORK ASSIGNMENT 7 To purchase this visit following link: http://www.activitymode.com/product/mat-510-week-8-homework-assignment-7/ Contact us at: SUPPORT@ACTIVITYMODE.COM MAT 510 WEEK 8 HOMEWORK ASSIGNMENT 7 MAT510 Homework Assignment 7 Strayer Due in Week 8 and worth 30 points The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table. Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. Nolan and L. P. Provost. Improving Quality through Planned Experimentation. New York: McGraw-Hill, 1991) Use the date in table above and answer the following questions in the space provided below: 1. 1. What is the nature of the effects of the factors studied in this experiment? 2. 2. What strategy would you use to reduce invoice errors, given the results of this experiment? Activity Mode aims to provide quality study notes and tutorials to the students of MAT 510 Week 8 Homework Assignment 7 in order to ace their studies. MAT 510 WEEK 8 HOMEWORK ASSIGNMENT......

Words: 2696 - Pages: 11

Busn602 All Weeks Homework Assignments

...BUSN602 All Weeks Homework Assignments Click Link Below To Buy: http://hwcampus.com/shop/busn602-all-weeks-homework-assignments/ APU week 1 BUSN602 Week 1Homework Problems: You will complete your homework in Microsoft Excel, in the template provided in the assignment. Your work must be organized and properly formatted. Short essay answers must include references. • Chapter 1: DQ1-8, DQ1-9, DQ1-10, DQ1-12; E1-2 • Chapter 2: DQ2-7; P2-8; • Chapter 3: DQ3-1; P3-5, P3-6 Name your assignment file as “LastnameFirstinitial-BUSN602-Week1", and submit by midnight ET, Day 7. "What are the six principles of finance? Describe what is meant by ethical behavior. What are the basic requirements of an effective financial system? " Briefly describe the differences between money and capital markets. E1-2. The U.S. financial system is comprised of: (1) policy makers, (2) a monetary system, (3) financial institutions, and (4) financial markets. Indicate which of these components is associated with each of the following “roles”: a. accumulate and lend/invest savings b. create and transfer money c. pass laws and set fiscal and monetary policies d. market and facilitate transfer of financial assets Define money and indicate the basic functions of money. Define money and indicate the basic functions of money. ? Assume that a country estimates its M1 money supply at $20 million. A broader measure of the money supply, M2, is $50 million. The country’s gross domestic......

Words: 2103 - Pages: 9

Finc5000 Homework Assignment for Week 8:

...FINC5000 Homework Assignment for Week 8: Click Link Below To Buy: http://hwcampus.com/shop/finc5000-homework-assignment-for-week-8/ For Week 8, please turn in the answers to the following questions: 1. The FINC 5000 Associates Corporation (FAC) has begun selling a new product and they want you to help them with next year’s pro forma financial statements. Using the worksheet below, complete the company’s forecast. Assumptions: To begin with, FAC is sure sales will grow 20% next year. Assume that is true. Then assume that COGS, Current Assets, and Current Liabilities all vary directly with Sales (that means if sales grows a certain percentage, then the account in question will grow by that same percentage). Assume that fixed expenses will remain unchanged and that $1500 worth of new Fixed Assets will be obtained next year. Lastly, the current dividend policy will be continued next year. FINC 5000 Associates Corporation Financial Forecast Estimated This year for next year Sales $10,000 ________ COGS 4,000 ________ Gross Profit 6,000 ________ Fixed Expenses 3,000 ________ Before Tax Profit 3,000 ________ Tax @ 33.3333% 1,000 ________ Net Profit $2,000 ________ Dividends $0 ________ Current Assets $25,000 ________ Net Fixed Assets 15,000 ________ Total Assets $40,000 ________ Current Liabilities $17,000 ________ Long term debt 3,000 ________ Common Stock 7,000 ________ Retained Earnings 13,000 ________ Total Liabs & Eq $40,000 ________ (AFN) =......

Words: 417 - Pages: 2

Finc5000 Homework Assignment for Week 9:

...FINC5000 Homework Assignment for Week 9: Click Link Below To Buy: http://hwcampus.com/shop/finc5000-homework-assignment-for-week-9/ For Week 9, please turn in the answers to the following questions: 1. Define the following terms: 2. Working capital management is said to be a “trade-off” between two goals. Explain this statement. 3. Explain what is meant by the term “cash conversion cycle.” 4. Suppose it takes a computer manufacturer 10 days to build and sell computers. Also suppose it takes the firm’s customers 30 days, on average, to pay for the computers after they have purchased them on credit. Finally, suppose the firm is able to delay paying for the computer parts it uses in the manufacturing process for 20 days. Given these conditions, how long is the firm’s cash conversion cycle? 5. Given that cash accounts generally don’t pay any interest, why should firm’s hold any cash at all? 6. Given that accounts receivable represents a delay in the receipt of cash that could be put to good use, why do firms allow credit purchases at all? 7. What are the three categories of inventory costs? 8. What is “trade credit?” 9. Suppose your firm buys $1,000 worth of supplies on credit with terms 3/15 n60. a. What does “3/15 n60” mean? b. If you pay the bill on the 14th day after the purchase, what is the cost of the trade credit you have used for the 14-day period? c. If you pay the bill on the 50th day after the purchase, what is the cost of the......

Words: 340 - Pages: 2

Finc5000 Homework Assignment for Week 9:

...FINC5000 Homework Assignment for Week 9: Click Link Below To Buy: http://hwcampus.com/shop/finc5000-homework-assignment-for-week-9/ For Week 9, please turn in the answers to the following questions: 1. Define the following terms: 2. Working capital management is said to be a “trade-off” between two goals. Explain this statement. 3. Explain what is meant by the term “cash conversion cycle.” 4. Suppose it takes a computer manufacturer 10 days to build and sell computers. Also suppose it takes the firm’s customers 30 days, on average, to pay for the computers after they have purchased them on credit. Finally, suppose the firm is able to delay paying for the computer parts it uses in the manufacturing process for 20 days. Given these conditions, how long is the firm’s cash conversion cycle? 5. Given that cash accounts generally don’t pay any interest, why should firm’s hold any cash at all? 6. Given that accounts receivable represents a delay in the receipt of cash that could be put to good use, why do firms allow credit purchases at all? 7. What are the three categories of inventory costs? 8. What is “trade credit?” 9. Suppose your firm buys $1,000 worth of supplies on credit with terms 3/15 n60. a. What does “3/15 n60” mean? b. If you pay the bill on the 14th day after the purchase, what is the cost of the trade credit you have used for the 14-day period? c. If you pay the bill on the 50th day after the purchase, what is the cost of the......

Words: 340 - Pages: 2

Acct 220 Week 8 Homework Assignment

...ACCT 220 Week 8 Homework Assignment Click Link Below To Buy: http://hwaid.com/shop/acct-220-week-8-homework-assignment/ Instructions For the Week 8 homework assignment, you will create, save, and submit a Microsoft Word document that covers the topics listed below. Always include your name and a descriptive title in the file name. Essay Topics for You to Prepare Fraud Detection and Deterrence (www.acfe.com) Internal Control (COSA: see www.theiia.org) Certification: CFE, CIA, and CISA (return to www.isaca.org) Following your review of course materials this week, using the websites above, create an essay of not more than two pages Relate these topics to our course material for Principles of Accounting I. Your essay should be single-spaced, with double spacing between paragraphs. Use headers within the document. We are writing business reports, not double-spaced academic papers. Tell a story. Explain the concepts. Use APA style for citations and create a works cited list. Your paper should be adequate. Fewer than 1 page is to short more than 2 pages is too long. Consider the question and decide: what would you want to know? Include website references in your essay. This is not a business proposal, but it is not a casual reflective essay. The goal is to research, consider, and report what you know about these topics. The concept of COBIT is related to each topic. ISACA’s “A COBIT 5 Overview”......

Words: 356 - Pages: 2