Response to Posts 1. Use the concepts learned from the text Website for online book https://bc.vitalsource.com/tenants/205054/books/97... 2. Reply to the (2) post explaining why you agree or disagree with their comments on the question 3. Responses are at least a paragraph4. Cite the sources used in the responsesPOST: 11.) From Chapter 2: When does a corporation need a board of directors?Answer: A corporation is a mechanism established to allow different parties to contribute capital, expertise, and labor for their mutual benefit. The investor/shareholder participates in the profits (in the form of dividends and stock price increases) of the enterprise without taking responsibility for the operations. Management runs the company without being responsible for personally providing the funds. To make this possible, laws have been passed that give shareholders limited liability and, correspondingly, limited involvement in a corporation’s activities. That involvement does include, however, the right to elect directors who have a legal duty to represent the shareholders and protect their interests. As representatives of the shareholders, directors have both the authority and the responsibility to establish basic corporate policies and to ensure that they are followed. The board of directors, therefore, has an obligation to approve all decisions that might affect the long-term performance of the corporation. This means that the corporation is fundamentally governed by the board of directors overseeing top management, with the concurrence of the shareholder (Wheelen, Hunger, Hoffman, & Bamford, 2018, p. 43).POST: 22. From Chapter 3: 3-3. What is the relationship between corporate governance and social responsibility?The corporate governance of a corporation is to follow the rules by providing stockholders with accurate and available information. The corporation needs to be fully transparent to the outside world.The social responsibility of a corporation is a voluntary action to obtain a profit while also maintaining good relationships with stockholder and thinking about the environment at the same time.It's almost as if the social responsibility contradicts the corporate governance of a corporation. Profit comes into play. Being socially responsible can hinder that profit when you start to think about helping the environment. At the same time, thinking about the environment can increase profits. Especially in today's world where "going green" is super popular.I read this article about a fast food chain in Swedin, Max Burgers. They received a complaint about how throwing the kid's meal burger box straight into the recycle bin was a waste. The box was not even needed. The company took action."Max didn't just get rid of its kids'-meal boxes, though. Since 2006, the chain has reassessed its entire enterprise, searching for ways to reduce its environmental footprint. It has installed energy-efficient grass roofs on 12 new restaurants and cut energy consumption by 20% company-wide. The chain buys only wind power and offsets all its carbon emissions by planting trees in Uganda" (Van Gilder Cooke, 2012). All these changes that helped the environment boosted sales for Max Burgers.ReferencesKowitt, B. (2016, April 13). Fortune - Fortune 500 Daily & Breaking Business News. Chipotle Board Needs A Shake Up and More Diversity, Say Shareholders | Fortune. Retrieved from http://fortune.com/2016/04/13/chipotle-board-shareholders/ (Links to an external site.)Links to an external site.Van Gilder Cooke, S. (2012, April 9). TIME | Current & Breaking News | National & World Updates. Why Going Green Can Mean Big Money for Fast-Food Chains - TIME. Retrieved from http://content.time.com/time/world/article/0,8599,2111372,00.html (Links to an external site.)Links to an external site.Wheelen, T. (2018). Strategic management and business policy. New York: Pearson.

1. Calculate and analyze these ratios listed for PepsiCo for the last 2 years from the SEC Form 10-K (Cannot use the Annual Report that is sent to shareholders):a. Current Ratiob. Inventory Turnoverc. Debt Ratiod. Time Interest Earnede. Gross Profit Marginf. Equity Multiplierg. Return on Assetsh. Net Profit Margini. Return on Equity (use three ratio DuPont method)(It would be helpful if you can place this data in tables, preferably Microsoft Word tables.)2. Compare and contrast PepsiCo's ratios to industry ratios obtained from Yahoo Finance, Morningstar, MotleyFool, Macroaxis, or other internet sources and analyze why PepsiCo's ratios are different than the industry's standards.3. Compare and contrast PepsiCo's ratios to CocaCola's ratios obtained from Yahoo Finance, Morningstar, MotleyFool, Macroaxis, or other internet sources and analyze why PepsiCo's ratios are different than this competitor's standards.4. Cite the source(s) of the industry/competitor ratio information.

The purpose of this assignment is to develop an investment policy statement, including a recommended portfolio, for a potential client. The instructor will assign you a scenario that includes a client's pertinent personal and financial information. Using the same scenario from your previous assignments, discuss the client's information and develop an investment policy statement for your client. Offer recommendations for the client's portfolio and provide a justification for the recommendations presented. Make all necessary revisions and corrections to previous assignments "Individual Portfolio Project – Parts I and II." Combine the instructor feedback and all elements into one cohesive portfolio project. The policy statement should be 750-1,000 words (excluding graphs and charts) and must include the following information: An overview of the client; A detailed explanation of the investment policy statement, including the investment and objectives for the portfolio based on the unique needs and preferences of the client; A description of any investment constraints, liquidity needs, and the client's time horizon –– be sure to incorporate knowledge from the course that may include the discussion of: expected standard deviation, risk/reward, downside deviation, present/future value of investment, etc. Data presented in the form of numbers, graphs, and charts -- utilize the Monte Carlo illustration of outflows; A justification of each investment recommendation you will make to the client; Justification for your policy recommendations based on the principles of modern portfolio theory; Core allocation percentage targets and ranges; Tactical allocation percentage ranges;