Description
Purpose of Assignment
Provide students with a basic understanding of financial management, goal of the firm, and the basic financial statements. Students should be able to calculate and analyze solvency, liquidity, profitability and market value ratios, and create proforma financial statements.
Assignment Steps
Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web that offer support for office products.
Complete the following Questions and Problems (Concepts and Critical Thinking Questions for Ch. 1 Only) from each chapter as indicated.
Show all work and analysis.
Prepare in Microsoft® Excel® or Word.
- Ch. 1: Questions 3 & 11 (Concepts Review and Critical Thinking Questions section)
- Ch. 2: Questions 4 & 9 (Questions and Problems section): Microsoft® Excel® template provided for Problem 4.
- Ch. 3: Questions 4 & 7 (Question and Problems section)
- Ch. 4: Questions 1 & 6 (Questions and Problems section): Microsoft® Excel® template provided for Problem 6.
Format your assignment consistent with APA guidelines if submitting in Microsoft® Word.
- Fundamentals of Corporate Finance, Ch. 1: Introduction to Corporate Finance
- Fundamentals of Corporate Finance, Ch. 2: Financial Statements, Taxes, and Cash Flow
- Fundamentals of Corporate Finance, Ch. 3: Working with Financial Statements
- Fundamentals of Corporate Finance, Ch. 4: Long-Term Financial Planning and Growth
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Explanation & Answer
Attached.
#3
The primary disadvantage of a corporation as a form of business is that there is double taxation. This is
taxation to shareholders of distributed earnings and dividends. The advantage of this type of business
is that it has an unlimited liability, ease of transferability of ownership and unlimited useful life.
#11
The current stock gives the managers an hint to long term and short term risks, period ans the size of
cah flow. Therefore managers should focus on the current stock value which hmakes the above
statement incorrect.
#4
Ending inventory
Cost of goods sold
$417,381
$4,682,715
Inventory turnover
Cost of goods sold/ inventory
11.22
Days of sale...