Description
Each student will be responsible to complete a current event abstract based on the theories and studies of marketing. The current event abstracts may be shared with the class for discussion if time allows. The concept is to be able to look at current marketing campaigns and understand the theory behind them. Putting real-world experiences and current events into what we learn in the classroom will encourage learning and thinking outside the box. Critical/ Comparative Analysis:
1. What would you do differently and why?- This is an important part of an analysis-dig deep and explore your outside the box thinking.
2. Why do you think change is needed, compare possible competitors?
Management Application:
1. How can your analysis improve sales of the marketing and sales team?
2. What conclusions can be drawn from this article?
Please use online resources as well as USA Today and The Wall Street Journal to help find articles that pertain to this assignment. The article must be no more than two weeks old. It should pertain to some aspect of sales and marketing management. When abstracting an article include: Abstract should be 2-3 pages double-spaced, using the Levels of Review found below:
Descriptive Summary:
1. What are the main points of view in this article?
2. Why is this article important to sales and marketing management?
General Analysis:
1. What current marketing or sales trends are supported in this article?
2. What is the most important information in this article?
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Explanation & Answer
Attached.
Surname 1
Prepared By (Your Name)
Submitted To (Your Teacher)
Course Number
Date
Theories and Studies of Marketing
Introduction
In this article, the approach that we are going to focus on is the customer experience
management which can be considered as the way of negotiating and interacting with customers
to meet their expectations and also appraising their needs in the relevance of the firm’s
objectives.
This article focuses on the forthcoming experience of marketing strategies and all the
challenges related to marketing. With this effect, appraising customer experience management
has been considered as the most effective method in taking the lead in the marketing industry by
practitioners. This abstract holds strong consideration of appraising customer experience
management as so far the best marketing appro...
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Boston College Shift to Semi Autonomous Cars Article Discussion
Technology can be very disruptive to established industries (think of radio, taxis, cameras). So, companies' strategies mu ...
Boston College Shift to Semi Autonomous Cars Article Discussion
Technology can be very disruptive to established industries (think of radio, taxis, cameras). So, companies' strategies must change and evolve to prosper or just to survive. The automotive industry is a great example of an industry that undergoing huge changes. The shift to semi-autonomous cars is happening much faster than was predicted just a few years ago. It has become imperative for big auto companies to be ready for the shift by building (in house development), borrowing (collaboration or joint venture) or buying (acquisition) these new capabilities.Watch this video: http://fortune.com/2017/02/08/gm-self-driving-cars-video/Read this summarizing article: http://www.businessinsider.com/the-companies-most-likely-to-get-driverless-cars-on-the-road-first-2017-4which strategy (Build-Borrow-Buy) you think will be superior in this race to autonomous vehicles? Which company or companies do you think will end up on top of the industry? Will it be an existing car company or a disrupter from Silicon Valley?
You enter your project team meeting with Mike and Tiffany to hear them discussing the tools that they found to conduct an analysis of the industry and competitors
You enter your project team meeting with Mike and Tiffany to hear them discussing the tools that they found to conduct an ...
You enter your project team meeting with Mike and Tiffany to hear them discussing the tools that they found to conduct an analysis of the industry and competitors
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SU Tax Planning for Individuals Compensation & Retirement Discussion
Discuss how the Tax Cuts and Jobs Act of 2017 changed the individual AMT.
There have b ...
SU Tax Planning for Individuals Compensation & Retirement Discussion
Discuss how the Tax Cuts and Jobs Act of 2017 changed the individual AMT.
There have been several articles written on the projected solvency of the Social Security System. When is the fund projected to run out of money? What are some options to improve the solvency of the system? How does this potential insolvency impact tax planning for young individuals?
Several states have rules about the taxability of payments received under a defined benefit plan that are in contrast to the federal rules. First, discuss why some states choose not to tax those payments. Next, choose a state that has an income tax and discuss that state’s laws for taxing this type of income.
Do Discussion and do the response below
Posted 1
The Tax Cuts and Jobs Act (TCJA) of 2017 changed the individual AMT. With the changes to the Alternative Minimum Tax, the IRS estimates the number of filings will decrease from 10 million filings to 1 million filings annually (York & Muresianu, 2018). The TCJA increased the AMT exemption to $109,400 for couples filing joint tax returns and increased the phaseout exemption to $1 million dollars for couples filing joint returns (York & Muresianu, 2018).
Under its current status in the tax law, the TCJA of 2017 will return in tax year 2026 when the TCJA expires unless congress makes changes and or extends the law (Tax Policy Center, n.d.) If these changes are not made before the TCJA of 2017 expires, then the Tax Policy Center estimates that 6.7 million tax payers will have to pay the AMT in 2026 (Tax Policy Center, n.d.).
With the changes to both Congress and the President, there is speculation that there will be changes to the previous administration’s Tax Cuts. Congress will be looking at ways to make up for the lost revenue due to the loss in AMT revenue by either changing it or finding other places to supplement the income. There are several ideas from writing the AMT out of the tax code, letting the changes expire which would be disastrous for the middle class, to extending them and leave the limits on mortgage deductions and tax deductions (McClelland, 2019). The Tax Policy Center estimates this will raise revenues by over $97 billion in 2027 (McClelland, 2019). No matter what is decided, there is some difficult decisions coming down the road with AMT that could affect millions of taxpayers if left to expire in 4 years.
Posted 2
The AMT is the alternative minimum tax system created to make my life as a tax provider more difficult. Seriously, it was enacted by Congress to ensure taxpayers who did not pay tax because they used deductions and incentives provided for in the Internal Revenue Code would pay some tax, at a minimum. It really is a second federal tax system that works alongside the regular federal tax system. Regular federal tax is calculated, and then AMT is calculated, removing some of the incentives, benefits and deductions that are allowed under the federal tax system. The taxpayer pays the regular tax liability plus the AMT if the taxpayer owes AMT after removing the benefits of tax-favored treatments provided for in the Internal Revenue Code (Everett et al., 2016). Over the past several years, millions of taxpayers have found themselves being subject to AMT. That was not the intention of the law.
The Tax Cuts Job Act of 2017 (TCJA) changed the AMT system favorably for taxpayers, reducing the number affected by the AMT. This was done, in part, by increasing the AMT exemption. Additionally, the income at which the AMT exemption phases out was also increased. Some of the incentives and benefits (tax preference items) that needed to be added back or were disallowed for AMT purposes were repealed or scaled back (Tax Policy Center, 2020). The treatment of those tax preference items (personal exemptions and miscellaneous 2% deductions, for example, which were eliminated under the TCJA) reduced the impact of the AMT. As a result of the changes made to the AMT by the TCJA, the number of taxpayers who paid AMT fell from more than 5 million in 2017 to just 200,000 in 2018. It should be noted that the provisions of the TCJA related to AMT will “sunset” at the end of 2025. Unless Congress acts to extend the provisions, we will see a rise in the number of taxpayers affected by the AMT to pre-TCJA levels.
Posted 3
Starting out the purpose of the alternative minimum tax (AMT) was to ensure that high income earners pay their fair share of taxes. Majority would abuse the tax system by avoiding paying taxes using deductions and tax credits (Everett et al., 2016). Over the years, many middle-income individuals were affected by the AMT also. With the passing of Tax Cuts and Jobs Act (TCJA) 2017 the individual AMT remained the same; however, the exemption levels and income threshold amounts increased resulting in a decrease of taxpayers subject to the AMT making it less likely to affect lower income levels. (Be Tax Ready, 2019). “Primarily as a result of the changes enacted by the TCJA, TPC projects that the number of AMT taxpayers fell from more than 5 million in 2017 to just 200,000 in 2018 and will remain roughly constant through 2025” (How did the TCJA change AMT, 2020).
Be Tax Ready – understanding tax reform changes affecting individuals and families |
Internal Revenue Service. (2019, February). IRS. https://www.irs.gov/newsroom/be-tax-ready-understanding-tax-reform-changes-affecting-individuals-and-families
Everett, J. O., Hennig, C., & Nichols, N. (2016). Contemporary Tax Practice: Research, Planning and Strategies (4th ed.). CCH Inc.
How did the TCJA change the AMT? (2020). Tax Policy Center. https://www.taxpolicycenter.org/briefing-book/how-did-tcja-change-amt-0
Capital Budgeting and the Cost of Capital SLP
Module 3 - SLPCapital Budgeting and the Cost of CapitalFor your Module 3 SLP assignment,
continue to do research on the c ...
Capital Budgeting and the Cost of Capital SLP
Module 3 - SLPCapital Budgeting and the Cost of CapitalFor your Module 3 SLP assignment,
continue to do research on the company that you wrote about for Modules 1 and
2. For this assignment, you will be estimating the weighted average cost of
capital (WACC) for your chosen company. The final calculation will be fairly
straightforward, as it involves just plugging in some numbers into an equation.
However, the more challenging task will be finding the necessary numbers to
plug into the formulas. You will need information such as the beta for your
company, the bond-rating, and various information from its balance sheet. Links
to some suggested Web pages for finding this kind of information is included in
the instructions, but you might be able to find other sources of information.
Go step by step and present your information for Steps 1-4 below in a Word
document. Make sure to show all of your steps one by one and include the
sources of your information:
Find out your chosen company's credit
rating. Rating agencies such as Moody’s and Standard and Poor’s assign ratings
to companies. AAA is high, AA is lower, BBB is even lower, etc. The higher
the rating, the lower the cost of debt capital. Explain what your
company’s credit rating is and the reasons for the high or low rating
based on your research. Also, use the Fidelity
Fixed Income Web page to find out what the current return is for a
30-year bond for a corporation with the rating that your company has. This
yield will be the approximate cost of debt capital for your company. We
will call the cost of debt RD.
Now estimate the cost of equity for your
company. First you will need the beta; you already found this for your
Module 1 SLP. You will also need the three-month treasury bill yield,
which we will use as our measure of the risk-free rate. This rate should
be listed on the Fidelity Fixed Income Web page linked above. Finally, you
will need the equity risk premium. You can find estimates of this on many
Web pages including Fidelity
Fixed Income or Gutenberg Research. It is usually around 5%. Once you
have this information, you can estimate the cost of equity as the 30-year
treasury bill yield rate plus beta multiplied by the equity premium:
Cost of Equity = risk-free rate + Beta * (Equity Premium).
Show your calculations. We will call the cost of equity RE.
Now find out how much of the firm's
capital is equity and how much is debt. For the total value, look at the
balance sheet for your company as found on Google Finance or a similar Web
page. The total value of your company will be “total liabilities and
shareholder’s equity.” The proportion of debt will be total liabilities
divided by total value, which we will call D/V. The proportion of equity
will be shareholder’s equity divided by total value, or E/V. If you
calculate them correctly, the proportions will add up to one.
Now we have all the information we need to
get at least a rough ballpark estimate of WACC. Let’s assume a corporate
tax rate of 35%. So the formula we will use is WACC = (E/V)* RE +(D/V)* RD *(1-.35)
Calculate WACC and show your computations. As a “reality check” on your
calculations, the WACC should likely be in the single digits and positive.
Compare what you found to the average WACC in your company’s industry,
which should be available on Web pages such as Cost of Capital by Sector (US). Note that 35% is the
official corporate tax rate, but many corporations find tax breaks. If
your WACC is too low, try computing it with a lower tax rate such as 25%
or 10%.
SLP Assignment Expectations
Answer the assignment questions directly.
Stay focused on the precise assignment
questions. Do not go off on tangents or devote a lot of space to
summarizing general background materials.
For computational problems, make sure to
show your work and explain your steps.
For short answer/short essay questions,
make sure to reference your sources of information with both a
bibliography and in-text citations. See the Student Guide to Writing a High-Quality Academic Paper,
including pages 11-14 on in-text citations. Another resource is the
“Writing Style Guide,” which is found under “My Resources” in the TLC
Portal.
Module 3 - BackgroundCapital Budgeting and the Cost of CapitalStart off the module by viewing
these videos from Professor Roberts of the Wharton School of Business at the
University of Pennsylvania and Professor Roberts of Rice University. These
videos will give you a general overview of the key concepts of capital
budgeting and the cost of capital:Roberts,
M. (2017). Decision criteria. Coursera. Retrieved from: https://zh.coursera.org/learn/wharton-finance/lect...Weston, J. (2017) Putting it all
together as WACC (weighted average cost of capital). Coursera. Retrieved from: https://www.coursera.org/learn/finance-for-non-fin...Ross,
S., Westerfield, R., & Jordan, B. (2007) Chapter 8: Net present value and
other investment criteria. Essentials of Corporate Finance.
McGraw Hill. http://novellaqalive2.mheducation.com/sites/dl/fre...
[If the link is down, click Net Present Value or Fundamentals of Corporate Finance for an alternative link]Ross,
S., Westerfield, R., & Jordan, B. (2007) Chapter 12: Cost of capital. Essentials
of Corporate Finance. McGraw Hill. Retrieved from: http://novellaqalive2.mheducation.com/sites/dl/fre...
[If the link is down, click Cost of Capital or Fundamentals of Corporate Finance for an alternative link]Finally, check out the following
video that will show you how to make capital budgeting calculations using
Excel:Graulich, V. (2012). How to
calculate NPV and IRR. IHateMath.com. Retrieved from: Hamilton, K. (2014). Excel NPV
IRR. Retrieved from: If you still have difficulty with
the material after reviewing the required materials, check out the optional materials
below. Included are two additional videos, including one on using Excel to
compute NPV and IRR. Also included are some additional book chapters that cover
the same material but explain it in a slightly different way with different
examples.Optional ReadingBlueBookAcademy.com. (2015).
Learn it FAST: Weighted average cost of capital explained. Retrieved from: Girvin, M. (2010). Investment
criteria: NPV, IRR, payback, AAR, profitability index. Retrieved from: Fabozzi, F. J., & Peterson
Drake, P. (2009). Chapter 14: Capital budgeting techniques. Finance:
Capital markets, financial management, and investment management.
Wiley. Available in the Trident Online Library.Clive, M. (2012). Chapter 14: The
cost of capital. Financial management for non-financial managers. Kogan
Page. Available in the Trident Online Library.Block, S. & Hirt, G. (2008).
Chapter 12: The capital budgeting decision. Foundations of Financial
Management. McGraw-Hill, Retrieved from: http://studylib.net/doc/8149455/12-the-capital-bud...
What Defines an Emotionally Intelligent Communicator Discussion
This assignment is intended to help you learn to do the following:To apply the concept of display rules.To identify the i ...
What Defines an Emotionally Intelligent Communicator Discussion
This assignment is intended to help you learn to do the following:To apply the concept of display rules.To identify the influence of emotion on communication competence.To identify strategies for the effective communication of emotion.Action ItemsView the Module Matinee Three (Links to an external site.) multimedia presentation.
Film Summary: Jerry and Dorothy recently married each other out of convenience. Although they are husband and wife, they are relationally distant. They are going through the motions of married life, while every other relationship depicted in this scene is, by comparison, more intimate than theirs. Jerry is passionate about his career as a sports agent but has little passion for his wife. As a result, he sends her a variety of disconfirming messages (some verbal, some nonverbal) in their bedroom discussion.Chapter 8 discusses the factors that influence emotional experience and expression.By Thursday, answer each of these questions in a post in the discussion forum:
What defines an emotionally intelligent communicator?In the clip, who might you consider an emotionally intelligent communicator? Provide an example to explain your choice.What is the communication climate in Jerry's bedroom discussion with Dorothy. Explain why. Consider who in this scene might be an emotionally ineffective communicator. Identify the which of the “display rules” this character demonstrates and provide an example to explain your choice.Based on this module’s readings and what you have previously learned about emotional intelligence and communication competency, what changes could Jerry make to convey his thoughts, feelings, and wants more effectively to Dorothy? Review any necessary information from previous chapters to complete your response.**In-text citations required. Please add full citation at the end of your post.REMEMBER: You want to create a fully developed response with a logical flow rather than a list of responses to the set of prompts. You may or may not want to respond in the order they are listed here.By Sunday, read the discussion forum posts from your classmates and respond to two of them.
BUS 330 Ashford University Under Armour Marketing Plan Paper
How to Use SWOT Analysis (Links to an external site.)The Five Competitive Forces That Shape Strategy (Links to an external ...
BUS 330 Ashford University Under Armour Marketing Plan Paper
How to Use SWOT Analysis (Links to an external site.)The Five Competitive Forces That Shape Strategy (Links to an external site.)This week, you will be creating components of your capstone marketing plan assignment. . Using the Under Armour for your marketing manager internship, you will complete a situation analysis with the goal of identifying a new product/service to develop your marketing plan against.The Marketing Plan: Product Identification and SWOT Analysis paperMust be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA Style (Links to an external site.) as outlined in the Writing Center’s APA Formatting for Microsoft Word (Links to an external site.) resource.Must include a separate title page with the following:Title of paper in bold fontSpace should be between title and the rest of the information on the title page.Student’s nameName of institution (Ashford University)Course name and numberInstructor’s nameDue dateMust utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the Writing Center resources.Must use at least one scholarly or credible sources in addition to the course text.The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.To assist you in completing the research required for this assignment, view this Ashford University Library Quick ‘n’ Dirty (Links to an external site.) tutorial, which introduces the Ashford University Library and the research process, and provides some library search tips.Must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your Paper (Links to an external site.) guide.Must include a separate references page that is formatted according to APA Style as outlined in the Writing Center. See the APA: Formatting Your References List (Links to an external site.) resource in the Writing Center for specifications.Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.
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Boston College Shift to Semi Autonomous Cars Article Discussion
Technology can be very disruptive to established industries (think of radio, taxis, cameras). So, companies' strategies mu ...
Boston College Shift to Semi Autonomous Cars Article Discussion
Technology can be very disruptive to established industries (think of radio, taxis, cameras). So, companies' strategies must change and evolve to prosper or just to survive. The automotive industry is a great example of an industry that undergoing huge changes. The shift to semi-autonomous cars is happening much faster than was predicted just a few years ago. It has become imperative for big auto companies to be ready for the shift by building (in house development), borrowing (collaboration or joint venture) or buying (acquisition) these new capabilities.Watch this video: http://fortune.com/2017/02/08/gm-self-driving-cars-video/Read this summarizing article: http://www.businessinsider.com/the-companies-most-likely-to-get-driverless-cars-on-the-road-first-2017-4which strategy (Build-Borrow-Buy) you think will be superior in this race to autonomous vehicles? Which company or companies do you think will end up on top of the industry? Will it be an existing car company or a disrupter from Silicon Valley?
You enter your project team meeting with Mike and Tiffany to hear them discussing the tools that they found to conduct an analysis of the industry and competitors
You enter your project team meeting with Mike and Tiffany to hear them discussing the tools that they found to conduct an ...
You enter your project team meeting with Mike and Tiffany to hear them discussing the tools that they found to conduct an analysis of the industry and competitors
You enter your project team meeting with Mike and Tiffany to hear them discussing the tools that they found to conduct an analysis of the industry and competitors. “Mike, there are so many more tools than I even realized to give us some good data,” Tiffany states.“I know,” Mike says. “That’s why I wanted to take some time to look at our options and figure out what information we really need to support the board’s decision.”Mike and Tiffany both found some great tools from their research on the subject. Complete the following:Based on your classmates’ discussion posts for Week 2, do you still believe the tools that you selected will work best for a global strategy? Why or why not?What evidence do you have to support your decision?How would you refute the people who chose an additional tool rather than one of the tools that you selected?Based on the tools that you selected, provide a brief analysis of your market, using those toolsPlease use APA Format and provide references and citations
SU Tax Planning for Individuals Compensation & Retirement Discussion
Discuss how the Tax Cuts and Jobs Act of 2017 changed the individual AMT.
There have b ...
SU Tax Planning for Individuals Compensation & Retirement Discussion
Discuss how the Tax Cuts and Jobs Act of 2017 changed the individual AMT.
There have been several articles written on the projected solvency of the Social Security System. When is the fund projected to run out of money? What are some options to improve the solvency of the system? How does this potential insolvency impact tax planning for young individuals?
Several states have rules about the taxability of payments received under a defined benefit plan that are in contrast to the federal rules. First, discuss why some states choose not to tax those payments. Next, choose a state that has an income tax and discuss that state’s laws for taxing this type of income.
Do Discussion and do the response below
Posted 1
The Tax Cuts and Jobs Act (TCJA) of 2017 changed the individual AMT. With the changes to the Alternative Minimum Tax, the IRS estimates the number of filings will decrease from 10 million filings to 1 million filings annually (York & Muresianu, 2018). The TCJA increased the AMT exemption to $109,400 for couples filing joint tax returns and increased the phaseout exemption to $1 million dollars for couples filing joint returns (York & Muresianu, 2018).
Under its current status in the tax law, the TCJA of 2017 will return in tax year 2026 when the TCJA expires unless congress makes changes and or extends the law (Tax Policy Center, n.d.) If these changes are not made before the TCJA of 2017 expires, then the Tax Policy Center estimates that 6.7 million tax payers will have to pay the AMT in 2026 (Tax Policy Center, n.d.).
With the changes to both Congress and the President, there is speculation that there will be changes to the previous administration’s Tax Cuts. Congress will be looking at ways to make up for the lost revenue due to the loss in AMT revenue by either changing it or finding other places to supplement the income. There are several ideas from writing the AMT out of the tax code, letting the changes expire which would be disastrous for the middle class, to extending them and leave the limits on mortgage deductions and tax deductions (McClelland, 2019). The Tax Policy Center estimates this will raise revenues by over $97 billion in 2027 (McClelland, 2019). No matter what is decided, there is some difficult decisions coming down the road with AMT that could affect millions of taxpayers if left to expire in 4 years.
Posted 2
The AMT is the alternative minimum tax system created to make my life as a tax provider more difficult. Seriously, it was enacted by Congress to ensure taxpayers who did not pay tax because they used deductions and incentives provided for in the Internal Revenue Code would pay some tax, at a minimum. It really is a second federal tax system that works alongside the regular federal tax system. Regular federal tax is calculated, and then AMT is calculated, removing some of the incentives, benefits and deductions that are allowed under the federal tax system. The taxpayer pays the regular tax liability plus the AMT if the taxpayer owes AMT after removing the benefits of tax-favored treatments provided for in the Internal Revenue Code (Everett et al., 2016). Over the past several years, millions of taxpayers have found themselves being subject to AMT. That was not the intention of the law.
The Tax Cuts Job Act of 2017 (TCJA) changed the AMT system favorably for taxpayers, reducing the number affected by the AMT. This was done, in part, by increasing the AMT exemption. Additionally, the income at which the AMT exemption phases out was also increased. Some of the incentives and benefits (tax preference items) that needed to be added back or were disallowed for AMT purposes were repealed or scaled back (Tax Policy Center, 2020). The treatment of those tax preference items (personal exemptions and miscellaneous 2% deductions, for example, which were eliminated under the TCJA) reduced the impact of the AMT. As a result of the changes made to the AMT by the TCJA, the number of taxpayers who paid AMT fell from more than 5 million in 2017 to just 200,000 in 2018. It should be noted that the provisions of the TCJA related to AMT will “sunset” at the end of 2025. Unless Congress acts to extend the provisions, we will see a rise in the number of taxpayers affected by the AMT to pre-TCJA levels.
Posted 3
Starting out the purpose of the alternative minimum tax (AMT) was to ensure that high income earners pay their fair share of taxes. Majority would abuse the tax system by avoiding paying taxes using deductions and tax credits (Everett et al., 2016). Over the years, many middle-income individuals were affected by the AMT also. With the passing of Tax Cuts and Jobs Act (TCJA) 2017 the individual AMT remained the same; however, the exemption levels and income threshold amounts increased resulting in a decrease of taxpayers subject to the AMT making it less likely to affect lower income levels. (Be Tax Ready, 2019). “Primarily as a result of the changes enacted by the TCJA, TPC projects that the number of AMT taxpayers fell from more than 5 million in 2017 to just 200,000 in 2018 and will remain roughly constant through 2025” (How did the TCJA change AMT, 2020).
Be Tax Ready – understanding tax reform changes affecting individuals and families |
Internal Revenue Service. (2019, February). IRS. https://www.irs.gov/newsroom/be-tax-ready-understanding-tax-reform-changes-affecting-individuals-and-families
Everett, J. O., Hennig, C., & Nichols, N. (2016). Contemporary Tax Practice: Research, Planning and Strategies (4th ed.). CCH Inc.
How did the TCJA change the AMT? (2020). Tax Policy Center. https://www.taxpolicycenter.org/briefing-book/how-did-tcja-change-amt-0
Capital Budgeting and the Cost of Capital SLP
Module 3 - SLPCapital Budgeting and the Cost of CapitalFor your Module 3 SLP assignment,
continue to do research on the c ...
Capital Budgeting and the Cost of Capital SLP
Module 3 - SLPCapital Budgeting and the Cost of CapitalFor your Module 3 SLP assignment,
continue to do research on the company that you wrote about for Modules 1 and
2. For this assignment, you will be estimating the weighted average cost of
capital (WACC) for your chosen company. The final calculation will be fairly
straightforward, as it involves just plugging in some numbers into an equation.
However, the more challenging task will be finding the necessary numbers to
plug into the formulas. You will need information such as the beta for your
company, the bond-rating, and various information from its balance sheet. Links
to some suggested Web pages for finding this kind of information is included in
the instructions, but you might be able to find other sources of information.
Go step by step and present your information for Steps 1-4 below in a Word
document. Make sure to show all of your steps one by one and include the
sources of your information:
Find out your chosen company's credit
rating. Rating agencies such as Moody’s and Standard and Poor’s assign ratings
to companies. AAA is high, AA is lower, BBB is even lower, etc. The higher
the rating, the lower the cost of debt capital. Explain what your
company’s credit rating is and the reasons for the high or low rating
based on your research. Also, use the Fidelity
Fixed Income Web page to find out what the current return is for a
30-year bond for a corporation with the rating that your company has. This
yield will be the approximate cost of debt capital for your company. We
will call the cost of debt RD.
Now estimate the cost of equity for your
company. First you will need the beta; you already found this for your
Module 1 SLP. You will also need the three-month treasury bill yield,
which we will use as our measure of the risk-free rate. This rate should
be listed on the Fidelity Fixed Income Web page linked above. Finally, you
will need the equity risk premium. You can find estimates of this on many
Web pages including Fidelity
Fixed Income or Gutenberg Research. It is usually around 5%. Once you
have this information, you can estimate the cost of equity as the 30-year
treasury bill yield rate plus beta multiplied by the equity premium:
Cost of Equity = risk-free rate + Beta * (Equity Premium).
Show your calculations. We will call the cost of equity RE.
Now find out how much of the firm's
capital is equity and how much is debt. For the total value, look at the
balance sheet for your company as found on Google Finance or a similar Web
page. The total value of your company will be “total liabilities and
shareholder’s equity.” The proportion of debt will be total liabilities
divided by total value, which we will call D/V. The proportion of equity
will be shareholder’s equity divided by total value, or E/V. If you
calculate them correctly, the proportions will add up to one.
Now we have all the information we need to
get at least a rough ballpark estimate of WACC. Let’s assume a corporate
tax rate of 35%. So the formula we will use is WACC = (E/V)* RE +(D/V)* RD *(1-.35)
Calculate WACC and show your computations. As a “reality check” on your
calculations, the WACC should likely be in the single digits and positive.
Compare what you found to the average WACC in your company’s industry,
which should be available on Web pages such as Cost of Capital by Sector (US). Note that 35% is the
official corporate tax rate, but many corporations find tax breaks. If
your WACC is too low, try computing it with a lower tax rate such as 25%
or 10%.
SLP Assignment Expectations
Answer the assignment questions directly.
Stay focused on the precise assignment
questions. Do not go off on tangents or devote a lot of space to
summarizing general background materials.
For computational problems, make sure to
show your work and explain your steps.
For short answer/short essay questions,
make sure to reference your sources of information with both a
bibliography and in-text citations. See the Student Guide to Writing a High-Quality Academic Paper,
including pages 11-14 on in-text citations. Another resource is the
“Writing Style Guide,” which is found under “My Resources” in the TLC
Portal.
Module 3 - BackgroundCapital Budgeting and the Cost of CapitalStart off the module by viewing
these videos from Professor Roberts of the Wharton School of Business at the
University of Pennsylvania and Professor Roberts of Rice University. These
videos will give you a general overview of the key concepts of capital
budgeting and the cost of capital:Roberts,
M. (2017). Decision criteria. Coursera. Retrieved from: https://zh.coursera.org/learn/wharton-finance/lect...Weston, J. (2017) Putting it all
together as WACC (weighted average cost of capital). Coursera. Retrieved from: https://www.coursera.org/learn/finance-for-non-fin...Ross,
S., Westerfield, R., & Jordan, B. (2007) Chapter 8: Net present value and
other investment criteria. Essentials of Corporate Finance.
McGraw Hill. http://novellaqalive2.mheducation.com/sites/dl/fre...
[If the link is down, click Net Present Value or Fundamentals of Corporate Finance for an alternative link]Ross,
S., Westerfield, R., & Jordan, B. (2007) Chapter 12: Cost of capital. Essentials
of Corporate Finance. McGraw Hill. Retrieved from: http://novellaqalive2.mheducation.com/sites/dl/fre...
[If the link is down, click Cost of Capital or Fundamentals of Corporate Finance for an alternative link]Finally, check out the following
video that will show you how to make capital budgeting calculations using
Excel:Graulich, V. (2012). How to
calculate NPV and IRR. IHateMath.com. Retrieved from: Hamilton, K. (2014). Excel NPV
IRR. Retrieved from: If you still have difficulty with
the material after reviewing the required materials, check out the optional materials
below. Included are two additional videos, including one on using Excel to
compute NPV and IRR. Also included are some additional book chapters that cover
the same material but explain it in a slightly different way with different
examples.Optional ReadingBlueBookAcademy.com. (2015).
Learn it FAST: Weighted average cost of capital explained. Retrieved from: Girvin, M. (2010). Investment
criteria: NPV, IRR, payback, AAR, profitability index. Retrieved from: Fabozzi, F. J., & Peterson
Drake, P. (2009). Chapter 14: Capital budgeting techniques. Finance:
Capital markets, financial management, and investment management.
Wiley. Available in the Trident Online Library.Clive, M. (2012). Chapter 14: The
cost of capital. Financial management for non-financial managers. Kogan
Page. Available in the Trident Online Library.Block, S. & Hirt, G. (2008).
Chapter 12: The capital budgeting decision. Foundations of Financial
Management. McGraw-Hill, Retrieved from: http://studylib.net/doc/8149455/12-the-capital-bud...
What Defines an Emotionally Intelligent Communicator Discussion
This assignment is intended to help you learn to do the following:To apply the concept of display rules.To identify the i ...
What Defines an Emotionally Intelligent Communicator Discussion
This assignment is intended to help you learn to do the following:To apply the concept of display rules.To identify the influence of emotion on communication competence.To identify strategies for the effective communication of emotion.Action ItemsView the Module Matinee Three (Links to an external site.) multimedia presentation.
Film Summary: Jerry and Dorothy recently married each other out of convenience. Although they are husband and wife, they are relationally distant. They are going through the motions of married life, while every other relationship depicted in this scene is, by comparison, more intimate than theirs. Jerry is passionate about his career as a sports agent but has little passion for his wife. As a result, he sends her a variety of disconfirming messages (some verbal, some nonverbal) in their bedroom discussion.Chapter 8 discusses the factors that influence emotional experience and expression.By Thursday, answer each of these questions in a post in the discussion forum:
What defines an emotionally intelligent communicator?In the clip, who might you consider an emotionally intelligent communicator? Provide an example to explain your choice.What is the communication climate in Jerry's bedroom discussion with Dorothy. Explain why. Consider who in this scene might be an emotionally ineffective communicator. Identify the which of the “display rules” this character demonstrates and provide an example to explain your choice.Based on this module’s readings and what you have previously learned about emotional intelligence and communication competency, what changes could Jerry make to convey his thoughts, feelings, and wants more effectively to Dorothy? Review any necessary information from previous chapters to complete your response.**In-text citations required. Please add full citation at the end of your post.REMEMBER: You want to create a fully developed response with a logical flow rather than a list of responses to the set of prompts. You may or may not want to respond in the order they are listed here.By Sunday, read the discussion forum posts from your classmates and respond to two of them.
BUS 330 Ashford University Under Armour Marketing Plan Paper
How to Use SWOT Analysis (Links to an external site.)The Five Competitive Forces That Shape Strategy (Links to an external ...
BUS 330 Ashford University Under Armour Marketing Plan Paper
How to Use SWOT Analysis (Links to an external site.)The Five Competitive Forces That Shape Strategy (Links to an external site.)This week, you will be creating components of your capstone marketing plan assignment. . Using the Under Armour for your marketing manager internship, you will complete a situation analysis with the goal of identifying a new product/service to develop your marketing plan against.The Marketing Plan: Product Identification and SWOT Analysis paperMust be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA Style (Links to an external site.) as outlined in the Writing Center’s APA Formatting for Microsoft Word (Links to an external site.) resource.Must include a separate title page with the following:Title of paper in bold fontSpace should be between title and the rest of the information on the title page.Student’s nameName of institution (Ashford University)Course name and numberInstructor’s nameDue dateMust utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the Writing Center resources.Must use at least one scholarly or credible sources in addition to the course text.The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.To assist you in completing the research required for this assignment, view this Ashford University Library Quick ‘n’ Dirty (Links to an external site.) tutorial, which introduces the Ashford University Library and the research process, and provides some library search tips.Must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your Paper (Links to an external site.) guide.Must include a separate references page that is formatted according to APA Style as outlined in the Writing Center. See the APA: Formatting Your References List (Links to an external site.) resource in the Writing Center for specifications.Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.
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