Overview: For the final project, you will use 2017 UPS Annual Report to prepare a financial analysis report for UPS. You will include in your analysis the background calculations and managerial analysis for each of the following topics: time value of money, stock and bond valuation, and capital budgeting. You will also discuss macroeconomic variables that might impact the company’s financial decision making and strategic objectives. These topics will be covered over four milestones to be submitted throughout the course before you submit the final project. Note that while these elements may seem separate and unrelated, together they will present a well-rounded view of the company’s finances with regard to the topics. For this milestone, you will submit a draft of the Stock Valuation and Bond Issuance sections of the final project, along with your supporting explanations. Prompt: Calculate stock and bond valuations for UPS and use the results to support your explanations of shareholder value and increasing capital. Assess the company’s dividend policies and bond issuance policies in your explanations. Complete your calculations on the designated tab of the Final Project Student Workbook. Specifically, the following critical elements must be addressed: II. Stock Valuation A. Based on the figures provided, calculate each of the following: 1. The new dividend yield if the company increased its dividend per share by 1.75 2. The dividend yield if the firm doubled its outstanding shares 3. The rate of return on equity (i.e., the cost of stock) based on the new dividend yield you calculated above B. What effect would you expect each of the calculations you performed to have in terms of shareholder value? In other words, suppose the company’s goal is to maximize shareholder value. How will each of the situations support or inhibit that goal? Be sure to justify your reasoning. C. To what extent do you feel the company’s dividend policies support or hinder their strategies? For example, if the company is attempting to grow, are they retaining and reinvesting their earnings rather than distributing them to investors through dividends? Be sure to substantiate your claims. III. Bond Issuance A. Assuming this company already has bonds outstanding, calculate the following: 1. The new value of the bond if overall rates in the market increased by 5% 2. The new value of the bond if overall rates in the market decreased by 5% 3. The value of the bond if overall rates in the market stayed exactly the same B. What effect would you expect each of the calculations you performed to have in terms of the company’s decision to raise capital in this manner? In other words, for each situation, would you consider bond valuation to be a viable option for increasing capital? Be sure to justify your reasoning. C. To what extent do you feel the company’s bond issuance policies support or hinder their strategies? For example, if the company is attempting to fund operating expenses, refinance old debt, or change its capital structure, are they issuing sufficient bonds to achieve these goals? Be sure to substantiate your claims. Guidelines for Submission: Your paper must be submitted as a 3- to 4-page Microsoft Word document, not including your calculations, which should be completed in the Final Project Student Workbook. Use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style.

In this assignment you will be developing the fourth section of the Camp Bow Wow Dog Park Summary Report that is based around the concept of the ethical decision making, and what makes an organization socially responsible. Select here to download the template for this portion of the assignment.Camp Bow Wow prides itself on giving back to the community, and that is demonstrated by its Bow Wow Buddies Foundation. “The Bow Wow Buddies Foundation is a registered 501(c)(3) organization dedicated to providing urgent medical care funds to dogs who are either homeless or whose parents cannot afford to pay their veterinary bills.” (www.campbowwow.com)The last section of the report is to show how the Camp Bow Wow Dog Park will operate in an ethical manner and support its social responsibility initiatives in the community. One of the goals of the task force is to formulate a plan to be presented to the owner, Susan Bell, that includes how the Camp Bow Wow Dog Park will promote an ethical workplace, and how it will give back to the community to support its social responsibility commitment. Business ethics and social responsibility are topics that some of your team members may not have any experience or context to manage, so as the leader of the task force you want to make sure everyone has the same level of knowledge and understanding. To address this concern, your plan is to have a task force meeting dedicated to the Camp Bow Wow Dog Park ethics and social responsibility.Your task this week is to create the meeting material that you will need that informs and educates your team of the concepts of ethics and social responsibility, and how it will strengthen the Camp Bow Wow Dog Park operation, reputation, and brand. Below is the meeting agenda that you will cover. Meeting AgendaGroup: Dog Park Task ForceDate: To be announced Time: 9:00 – 11:00 amLocation: Camp Bow Wow Meeting RoomFacilitator: (Your Name) Call Meeting to Order – Agenda – New BusinessEthics -What are business ethics and why are the important?What are the practical steps that we can do to promote a strong ethical environment?Code of EthicsSocial Responsibility –What is social responsibility & why is it important to the Camp Bow Wow Dog Park initiative? What can the Camp Bow Wow Dog Park do in taking a proactive strategy to social responsibility?Next Meeting – to be determinedAdjournAfter reviewing the above agenda, your job will be to create the support material that you will be handing out to your to your team, and will become part of the summary report that you present to Susan Bell.