Category: Finance

Please make sure you are discussing Ethical issue of a specific Business as it pertains Financial Management. Do not discuss general issues, legislation or elected officials.
some possible topics may be:
KPMG Financial Scandal
AMERATEX ENERGY, INC.
Financial Ethics Scandal at Wells Fargo
Ethical Issue: Enron
Steinhoff International Holdings Fraud
FIFA Corruption Case 2015
How Unethical Behavior Almost Led to The Downfall of CrossFit
Luckin Coffee Scandal
Volkswagen’s Ethical Breach Concerning Emissions Testing
INSIDER TRADING: IMCLONE SYSTEM
Bernard Madoff fund embezzlement
EQUIFAX DATA BREACH

If the opportunity cost of capital is 11%, and you have unlimited access to the capital, which one(s) would you accept? Why did you answer the way you did? Would your response change if the cost of capital is 16%? Why or why not?
Suppose that you have limited access to the capital and you need to choose only one project. Which one would you choose and why? The discount rate is still 11%. 
What is the payback period of each project? Please analyze if, in general, a decision based on payback is consistent with a decision based on NPV. 
What are the internal rates of return (IRR) on the three projects? Does the IRR rule in this case give the same decision as NPV? How do you know? 
If the opportunity cost of capital is 11%, what is the profitability index for each project? Please analyze if, in general, decisions based on profitability index are consistent with decisions based on NPV. 
What is the most generally accepted measure to choose between the projects? Please justify your answer. 

ONLY USE MY FILES NO OUTSIDE SOURCE 1. Why is Van Muur soliciting control of Chestnut?
2. Do you agree with Meyer’s dinner conversation assertions?
a. Estimate a risk‐adjusted cost of capital for the two business units and comment on whether Meyer’s graph is accurate (case Figure 1). In estimating the cost of capital,
please consider WACC estimates based on the comparable companies.
b. How does the choice of a constant versus risk‐adjusted hurdle rate affect your
evaluation of Chestnut’s two divisions?
3. Do you support Pederson’s proposal?
a. In light of the recent developments, is her investment and identity proposal more
relevant?
b. What recommendations should Pederson make to respond to Van Muur?
Questions:
 Should hurdle rate for project selection reflect WACC?
 Should WACC and FCF reflect inflation adjustment?
 Should the cost of debt and cost of equity reflect the risk appropriate for business risk and financial risk?
 Should the equity and debt reflect appropriate market‐value‐based weightings?
 Should the WACC be the same for all divisions, i.e., one company‐wide WACC be used?
 Should the WACC be based on projects, or be the same for all projects within a division?

Question 3
Price a bond that has a face value of $100.00, pays an annual coupon of 8.00%, yields 8.00% p.a. and
matures in
a. 5 years
b. 10 years
c. 5 years and 10 years, but with a 9.00% p.a. yield
d. Given your earlier answers, which bond (the 5-year or 10-year) is more sensitive to changes in
yield?

Please follow the instructions. USE the PowerPoint to add all the materials taught in the class. COMPANY: TARGET instructions: Based on the financial statements provided in the most recent 10-k (annual report):
Please calculate the financial ratios, showing at least 2 ratios from each of the six ratio areas we reviewed in class (at least 12 in total). you must also include the DuPont model in your work.

This assignment requires students to prepare a detailed business report based on a case study by applying financial concepts such as capital structure , capital budgeting and others
Please use financial formulas
Please use the amount of marks as an indication to how much working out you have to show

Topic 5: OpenSea, web & e-commerce Your mission: You are an Executive at OpenSea and the company leadership has been discussing how the platform can build upon its successes. Your challenge is to develop a FinTech strategic plan of action to advance OpenSea’s mass adoption, profitability and future success. After the invention of database technologies in 1960, commercial activity and financial data documentation rapidly shifted from paper to purely digital entries. Despite the improvements that this software provides, data stored in this way is exposed to potential misuse by a variety of actors, including the operator of the system, its personnel, and other external actors. The Web’s “original sin” Ad-based business models have been called the “original sin” of the World Wide Web, leading to today’s widespread calls to rein in excess of personal data collected by Web 1.0 internet companies. While regulatory efforts, such as the European Data Protection Regulation and California’s Consumer Privacy Act, provide legal remedies for already recorded data, Web 3.0 solutions can provide users with nuanced control over personally identifiable data prior to its exposure to third parties. Web 1.0 era e-commerce companies, such as eBay, and early FinTech companies, such as PayPal, rely on public internet infrastructure but interface with databases maintained by these companies. These walled gardens are accessible only to users that agree to the rules (i.e., terms and conditions) of the platform provider. Conversely, Web 3.0 solutions enable permissionless peer-to-peer value transfer, with rules
automatically enforced through smart contracts. Smart contracts are a collection of software programs that are executed autonomously on a distributed network of computers and maintained by independent operators. Immutable record-keeping and digital ownership High-speed internet and Web 2.0 solutions shifted the distribution of software, music, and movies from physical media to purely digital delivery. However, while buyers of CDs and DVDs could sell the old albums or movies on secondary marketplaces, this is not possible with Web 2.0 media, which is rented or licensed to users in a purely digital form. Digital rights management solutions restrict buyers to use the media inside of the environments provided by the seller or licensee – as is the case with Amazon’s media platform and Apple’s iTunes. The internet introduced new protocols for audio and video formatting that disrupted legacy media distribution technologies while simultaneously impacting ownership models that relied on physical products. Early blockchains, such as bitcoin, enabled the creation of digital bearer instruments, which allow ownership rights to be reliably transferred from one person to another without the sender keeping a copy of the virtual asset. While digital products are generally fungible – one bitcoin can be replaced by any other bitcoin without impacting its value or function – newer blockchain-based standards can allow for the creation of digitally unique, non-fungible, and semi-fungible virtual items. Digital economies Purely digital economies started to emerge in multi-massive online role-playing games in the late nineties. Today these online worlds generate multibillion-dollar revenues from the sale of in-game items (According to a 2022 market report published by Grand View Research , the global video game market reached revenues of $195.6 billion in 2021). However, buyers of these goods only receive limited rights to their online persona and its virtual possessions. With the introduction of Web 3.0 technologies, publishers can permanently transfer digital assets to the user. E-commerce solutions built on Web 3.0 technologies also allow the transfer of digital assets directly from one user to another (peer-to-peer). One of the first solutions built in this way is OpenSea – buyers and sellers are not required to create accounts on the marketplace but connect to the service using a digital wallet under the user’s control. OpenSea collects a fee for transactions and is interoperable with other decentralized applications (dApps). Even though the goods sold on the marketplace are still mostly limited to digital art, digital collectibles, and Web 3.0 domains (as of May 2022), the company’s revenue already exceeds one million dollars a week. Visit OpenSea’s website to learn more about this Web 3.0 marketplace and consider the following: • What are the advantages for OpenSea and its users in building on Web 3.0 technologies? How might other industry players assess Web 3.0’s advantages? • How can Web 3.0 technologies link with other digital assets and ecosystems, such as personal data, e-commerce, gaming, cryptocurrencies, lending, and the metaverse? : How cother dienalad non dioml products aould Opensea da to its marketplace? How could OpenSea benefit from interoperability with other Web 3.0 applications?

PURPOSE OF ASSIGNMENT
This assignment is called the “portfolio assignment” because it is a summary of all the actions that a human resource professional can take to impact the financial results of any organization. It is a group assignment because collective wisdom is better than individual knowledge. It is also an assignment that should be considered a “keeper” in that, the assignment results are a call to action and a strategy map for an effective human resource professional.
ASSIGNMENT INSTRUCTIONS
This is a “portfolio” assignment.
The assignment this week is to show the potential impact various HR functions or activities have on the three major financial statements. 
First, create a table that listed the major components of the Income Statement, Balance Sheet, and Cash Flow statements. Next, explain how HR can impact those components. For example, reducing the time to fill a position could potentially increase revenue on the Income Statement.  Or, expanding the time to pay a vendor for an HRIS system will improve cash flow from operations.  What about DSO’s or sales commissions or benefits or PTO or training or…. hopefully you get the idea.
You can use either Excel or Word for your table.  You can be creative in how you present your alignments.  You do not need to include references as I am looking (and will grade) based on your level of understanding of what HR does impact financial performance.

In the problems below show your work clearly. If you use a formula show the formula written with the values substituted into it before giving the final value. If you use the Finance menu on the calculator to do the calculations you must show values that you substitute into it. Also, write your answers to the question in sentence form.
Round your answers to the nearest cent or hundredth where appropriate and include units of measure. Show all work for full credit (except for multiple choice questions). Although it is preferred, you do not have to write your work/answers on a copy of the actual Test. Test questions do not have to be rewritten: you only have to show your work/answers. However, sometimes you have to copy a picture if you are required to show your work on it.
Make sure that your responses are clearly numbered and your name is on all submitted pages.
see attached for formulation and questions

*** Assignment MUST BE plagiarism-free and without using AI tools ***
Preparation Materials
01) Reading:
E-book: Fundamentals of Corporate Finance 
Chapter 3: “Working with Financial Statements” 
02) Video:
How to Read Company Financial Statements (Basics Explained) – https://www.youtube.com/watch?v=__5ZscqYQiw 
Assignment Description
Search Yahoo Finance and/or any other credible source(s) to find the most recent income statement and balance sheet of a major corporation, then perform a vertical financial analysis incorporating: 
Debt ratio  
Debt to equity ratio  
Return on assets  
Return on equity  
Current ratio  
Quick ratio  
Inventory turnover  
Days in inventory  
Accounts receivable turnover  
Accounts receivable cycle (in number of days)  
Accounts payable turnover  
Accounts payable cycle (in number of days)  
Earnings per share (EPS) 
Price to earnings ratio (P/E)
Cash conversion cycle (CCC)
Working capital 
Explain Dupont identity. Apply it to your selected company. Interpret the components in Dupont identity.  
Provide detailed and precise explanations and definitions. Be sure to submit the financial statements along with the vertical financial analysis.