corporate Report of eBay Company. ( Managerial Finance class 371 )

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Assignment of 5 pages only (Final Corporate Report of eBay Company ) ( Business, Finance assignment that has to include some numbers and charts, not normal English paper, it is a report )

I attached all the instruction ( i have done the Ratio worksheet which is a helpful source for this Final Corporate Report. Gave enough time for it just to get have quality

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Corporate Report Using eBay company Your final paper should include: -5 pages double-spaced narrative. Papers over 5 pages will receive point deduction. -Additional Pages: -Graph of stock performance 3 year price history of eBay company ( 2015-2016-2017 ) (with article marked), S&P 500, and a benchmark company -Bibliography. But you still need to cite sources in the body of your paper. -Ratio Worksheets – fully completed. You will attach the same ratios that were graded; any corrections that were indicated in the initial grading should be made. -Headings and page numbers -Labels for the ratios (example: times, %, days) Format of Paper: COMPANY BACKGROUND (½-1 page) Include information like founding date, headquarters location, product or service provided, date when first traded in public markets, market on which it trades, and any other information that seems important for understanding the company. FINANCIAL ANALYSIS (2-3 pages) Discuss at least 8 ratios from the Ratio Worksheet that you feel explain the trends/changes within the company over the time period. You will need to choose at least one ratio from each of the overall categories (i.e. one from asset utilization, one from liquidity, etc.) Discuss all of the following for the ratios chosen: -Has it improved, deteriorated or stayed the same over the last 3 years? Do not use the words increasing/decreasing or higher/lower. Instead use better/worse or improving/deteriorating. Explain whether the change in the ratio was a good thing or a bad thing. -What is the reason behind the changes in the ratio? Not just what part of the ratio changed, but what was happening with the company that could have affected the ratio? If you can not find specific news, what do you think was affecting the ratio? -How does it compare to the industry? At least one ratio from each category should be discussed. As you write your paper think about (These were top reasons I docked points in the past): What are the ratios? This is a finance class give me numbers What does the ratio mean or measure? Discuss components (assets increasing but not as much as_____) Discuss company specific things that might impact the component Compare to industry or benchmark After talking about ratios in a specific category, state how the company is doing in that category of ratios. For example: Liquidity ratios measure the firm’s ability to meet shortterm obligations. Are you confident your company can meet their short term obligations? Overall discussion of the company’s performance based upon the ratio analysis. Although you don’t have to tell me every number you looked at you should include plenty of numbers in your paper. STOCK GRAPH (1-2 pages) Analyze your company’s stock performance over the last 3 years. Comment on any patterns you notice for your company and how it moves with the S&P500. When and what was the high price/low price? Does this make sense with what you see overall in your financial analysis? Discuss if the Beta of your company makes sense with what you see on the graph (and your financial analysis.) If your company is too new that no beta has been calculated, you will have to estimate what you believe the beta would be based on the performance. What was the price trend throughout the semester? Why did it move this way? Discuss at least one news event found in an article from a business publication or journal (i.e. Wall Street Journal, Business Week, or any article from library website) that occurred in the 3 year time period you are evaluating. Summarize the article (more than one sentence) and tell me whether you thought the stock price would increase or decrease when investors heard this news; and then tell me what actually happened. Mark the date of the article on your graph. The news event should be about the company not just about the industry. CONCLUSION (¼-½ page) State what actions you think the company should take to become or remain financially strong. The paper should end with a statement about whether you would buy, hold or sell your stock in this company. BIBLIOGRAPHY All sources used should be referenced on the bibliography and throughout the paper. Additional information or websites might be very helpful for you: - How do I find industry information? A: I like the website http://reuters.com - http://finance.yahoo.com - http://morningstar.com/ Company: Ratio EBAY COMPANY Formula for Calculation Calculation 2016 Ration2015 Ratio 2014 Ratio Indsutry Average Trend Analysis 1. Short-term solvency, or liquidity, ratios Current ratio Current assets Current liabilities 8875 3847 2.31 3.49 1.51 2.9 getting worse Quick ratio Current assets - Inventory Current liabilities 8875 3847 2.31 2.94 1.36 1.8 getting worse Cash ratio Cash Current liabilities 7149 3847 1.86 2.72 0.59 getting worse 13308 23847 0.56 0.38 0.17 getting worse Improving a little bit 2. Long-term solvency, or financial leverage, ratios Total debt ratio Equity Multiplier Cash Coverage Ratio Total assets - Total equity Total assets Total assets Total Equity 23847 10539 2.26 2.7 2.27 EBIT + Depriciation Interest 4558 225 20.26 22.48 30.34 2218 0 0 0 0 8979 592 15.17 12.14 21.11 8.44 Improving 8979 25,981 0.35 0.38 0.27 0.59 Improving 3.Assets utilization, or turnover, ratios Inventory Turnover COGS Inventory Receivables Turnover Total Asset Turnover Sales Accounts Receivable Sales Total Assets Improving 70.24 4. Profability Ratios Profit Margin Net Income Sales 1016 8979 11.00% 81.00% 20.00% 20.5 Improving ROA Net Income Total Assets 1016 25981 0.039 34.9 5.49 11.67 Improving ROE Net Income Total Equity 1016 8036 84.91 13.03 20.7 Improving Price Per Share Earnings per share 25.53 5.33 4.79 16.36 1433.6 Price Per Share Sales Per Share 25.53 6.58 3.88 3.28 3.68 8.23 Improving Market value per share Book value per share 20.7 6.27 3.3 4.29 3.31 7.51 getting worse 5.Market value ratios Price Earnings Ratio Price-sales ratio Market-to-book ratio 36.34 getting worse
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Corporate Report: eBay
Company Background:
EBay Inc. is an American multinational corporation and e-commerce company. The
company provides C2C (consumer-to-consumer) and B2B (business-to-consumer) sales services
via the internet. The company corporate strategy is to become a diversified business. They
wanted to diversify in the products that they offer and the customers that they deal with. The
company offers a large variety of products (Meier & Stormer, 2009). Their customers include –
individual sellers, small entrepreneurs, and corporations all over the world. The company
maintains person to person trading community. With this business model, it is able to strategic
partnerships. The company implements continuous innovative changes and improvements and
carefully monitors the internal and external environments, such that everything is ready for
future opportunities. The company has an advantage of becoming a retailer. Can increase its
services portfolio through acquisition and to sustain current growth levels, the company can open
more online stores in other countries (Lawrence &Tar, 2010).
Liquidity Ratios:
The current ratio is one of the liquidity ratios, which shows the company's ability to pay
its short-term and long-term obligations (Goyenko, Holden, & Trzcinka, 2009). For the eBay
Corporation, there is a decreased in both current and quick ratio during the year 2017. In which,
in 2015, the corporation has a 1.51% current ratio and has 2.31% in 2016, in 2017, it has
decreased to 0.12%, as it only has 2.19%. This indicates that the short-term liquidity
performances of the Corporation did not come up any improvement, however, the improvements
only occurred in 2016 from 1.51% (2015) to 2.31% (2016). The Corporation has still an

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obligation to pay back its short-term obligation because their ratio still in above 1 which
indicates that their liabilities are less than its assets.
Leverage Ratios:
The financial leverage ratios show the ability of the company to meet its financial
obligations. Too much debt is not good for the company but if the company is able to generate a
higher retu...


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