FIN 515 education changes / sellfy.com

1
FIN 515 Experience Tradition/sellfy.com
2
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Complete Project Financial Statement
  Analysis (Nike)
• https//sellfy.com/p/dHNn/
•   
• FIN 515 Week 2 Project Financial Statement
  Analysis (Nike)FIN 515 Week 3 Project Financial
  Statement Analysis (Nike)FIN 515 Week 6 Project
  Calculating the Weighted Average Cost of Capital
  (Nike)FIN 515 Week 7 Project Capital Budgeting
  Analysis (Nike)

3
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Course Project 1 and 2
•  
• https//sellfy.com/p/ikQn/
•  
•  
• This Tutorial contains  Week 3 Course Project (
  3 Sets)Week  6 Course Project (2 Sets)

4
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Course Project 1 and 2
• https//sellfy.com/p/ikQn/
•  
•  
• This Tutorial contains  Week 3 Course Project (
  3 Sets)Week  6 Course Project (2 Sets)

5
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Entire Course
• https//sellfy.com/p/5mC4/
•  
• This tutorial doesnt contain Final Exam GuideFIN
   515 Week 1 QuizFIN 515 Week 1 Quiz (New)FIN 5
  15 Week 1 Problem SetFIN 515 Week 2 QuizFIN 51
  5 Week 2 Problem Set

6
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Final Exam (all 3 Sets)
• https//sellfy.com/p/oDNA/
•  
•  
•  
• FIN 515 Final Exam Set 1FIN 515 Final Exam Set 2
  FIN 515 Final Exam Set 3 

7
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Final Exam Set 1
• https//sellfy.com/p/TkQb/
•  
•  
• 1. (TCO A) In the United States, which of the foll
  owing types of organization has the greatest reven
  ue in total? (Points  5)a. Sole proprietorshipb
  . C corporationc. S corporationd. Limited partne
  rship 1.1) Which of the following is not a step 
  in the WACC valuation method?A) Compute the value
   of the investment, including the tax benefit of l
  everage, by discounting the free cash flow of the 
  investment using the WACC.B) Compute the weighted
   average cost of capital.C) Determine the free ca
  sh flow of the investment.D) Adjust the WACC for 
  the firm's current debt/equity ratio.

8
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Final Exam Set 2
• https//sellfy.com/p/WNVs/
•  
•  
• Question 1.1. (TCO A) Double taxation is a drawbac
  k for which of the following types of business org
  anization except? Question 2.2. (TCO A) Sole pro
  prietorships have all of the following advantages 
  except Question 3.3. (TCO B) Which of the follow
  ing would cause the present value of an annuity to
   decrease? Question 4.4. (TCO B) In a TVM calcul
  ation, if incoming cash flows are positive, outgoi
  ng cash flows must be Question 5.5. (TCO G) If n
  et income, total assets, and book value of equity 
  stayed the same, what would be the effect on the D
  uPont Identity of an increase in sales? 

9
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Final Exam Set 3
• https//sellfy.com/p/UtCA/
•  
•  
•  1. (TCO A) In the United States, which of the fol
  lowing types of organization has the greatest reve
  nue in total? (Points  5)       Sole proprietor
  ship       C corporation       S corporation
         Limited partnership

10
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Midterm Exam All 3 Sets
• https//sellfy.com/p/vCbr/
•  
• Question included in these Midterms could be
  found on this link FIN 515 Midterm Exam Set 1
  (New)

11
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Midterm Exam Set 1 (New)
• https//sellfy.com/p/zPjI/
•  
•  
• Question 1.      Question         (TCO G) If
  Company A and Company B are in the same industry
  and use the same production method, and Company
  As asset turnover is higher than that of Company
  B, then all else equal we can conclude

12
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Midterm Exam Set 2 (New)
• https//sellfy.com/p/izla/
•  
•  
• Question 1. 1. (TCO G) If Company A and Company B
  are in the same industry and use the same
  production method, and Company As asset turnover
  is higher than that of Company B, then all else
  equal we can conclude (Points 10)

13
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 1 Homework Problem
• https//sellfy.com/p/VI0B/
•  
•  
•  Week 1Mini CaseAssume that you recently
  graduated and have just reported to work as an
  investment advisor at the brokerage firm of Balik
  and Kiefer Inc. One of the firms clients is
  Michelle DellaTorre, a professional tennis player
  who has just come to the United States from
  Chile. DellaTorre is a highly ranked tennis
  player who would like to start a company to
  produce and market apparel she designs. She also
  expects to invest substantial amounts of money
  through Balik and Kiefer. DellaTorre is very
  bright, and she would like to understand in
  general terms what will happen to her money. Your
  boss has developed the following set of questions
  you must answer to explain the U.S. financial
  system to DellaTorre.

14
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 1 Problem Set
• https//sellfy.com/p/l7Cj/
•  
•  
• Chapter 1The Corporation 1-1.
  What is the most important difference between a co
  rporation and all other organizational forms? 1-
  2. What does the phrase limited liability mean in 
  a corporate context? 

15
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 1 Quiz (New)
• https//sellfy.com/p/MZr6/
•  
• Question 1. (TCO G) The lecture says that some r
  atios typically are better when they are higher an
  d some of the ratios are better when they are lowe
  r. Pick a ratio for which a lower number typically
   would be preferred and describe a situation, in w
  hich a higher number for that ratio would be prefe
  rred, OR pick a ratio for which a higher number ty
  pically would be preferred and describe a situatio
  n in which a lower number for that ratio would be 
  preferred.Question 2. (TCO G) As of December 3
  1, 20XX, David Corp's accounts payable were 4,000
  ,000. Its accounts receivable were 2,200,000, and
   its sales for 20XX were 32,000,000. What was its
   days sales outstanding?

16
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 1 Quiz
• https//sellfy.com/p/nqDl/
•  
• Question 1(TCO G) Which do you think provides a 
  more valid measure of how a company is doing, comp
  arison of current results with historical results 
  or comparison of current results with the current 
  results of another company?Question 2(TCO G) B
  arnes Corps total assets at the end of last year 
  were 415,000,000 and its net income after taxes w
  as 17,750,000. What was its return on total asset
  s?Question 3(TCO G) Between December 31, 2016 
  and December 31, 2017, ROE at Bobcat Industries de
  creased even though sales increased. Using the DuP
  ont Identity, explain what else could have happene
  d to cause this.

17
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 2 Homework Problems
• https//sellfy.com/p/lplu/
•  
• FIN 515 Week 2 Homework Problems(3-1)Days
  Sales OutstandingGreene Sisters has a DSO of 20
  days. The companys average daily sales are
  20,000. What is the level of its accounts
  receivable? Assume there are 365 days in a year.

18
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 2 Problem Set
• https//sellfy.com/p/tOCX/
•  
• 3.Calculate the future value of 2000 ina. five 
  years at an interest rate of 5 per yearb. ten 
  years at an interest rate of 5 per year andc. 
  five years at an interest rate of 10 per year.d
  . Why is the amount of interest earned in part (a)
   less than half the amount of interest earned in p
  art (b)?

19
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 2 Project Financial Statement
  Analysis (Nike)
• https//sellfy.com/p/mA1U/
•  
•  As the new financial manager of your company,
  the CEO has asked your team to provide a brief
  analysis of the companys performance to present
  at the upcoming board of directors meeting. The
  CEO has asked that you assess the companys
  performance against your companys industry.
  Thus, to do this, you will need to use ratio
  analysis or other techniques to determine areas
  in which the company is doing well, as well as
  areas that management should look at.

20
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 2 Quiz
• https//sellfy.com/p/vivD/
•  
•  FIN 515 Week 2 QuizQuestion 1(TCO B) You are a
   trust fund baby. Your trust fund is currently wor
  th 1,234,000. The problem is the terms of the tru
  st dont allow you to receive any of the money unt
  il you are 27. You are now 21. The fund is earning
   7.7 per year. How much will the fund be worth wh
  en you are 27 and too old to enjoy it?Ignore taxe
  s. Show your work. If you use Excel, show the form
  ula with the parameters, and the answer. If you us
  e a formula, provide the standard formula, the for
  mula with terms substituted, and the answer. If yo
  u use a calculator, show the inputs and the answer
  .

21
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 3 Course Project 1 (3 Papers)
• https//sellfy.com/p/hWRu/
• This Tutorial contains 3 Different Course Projects
  First Course ProjectThe purpose of this project
   is to help you develop skills not only in perform
  ing the calculations behind financial analysis but
   interpreting the numbers as well.You are to pick
   a company. You should pick one either from the in
  dustry in which you are currently working or an in
  dustry in which you are interested. You could also
   pick a division of a company. It is imperative to
   use that sufficient data about your company and t
  hat it is available. One way to do this is to pick
   a publicly held company. If you pick a privately 
  held company or a division of a company, make sure
   that the data necessary to do a significant finan
  cial analysis is available.

22
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 3 Homework Problems
• https//sellfy.com/p/OKrd/
•  
• FIN 515 Week 3 Homework Problems 5-1Bond
  Valuation with Annual paymentsJackson
  Corporations bonds have 12 years remaining to
  maturity. Interest is paid annually, the bonds
  have a 1,000 par value, and the coupon interest
  rate is 8. The bonds have a yield to maturity of
  9. What is the current market price of these
  bonds?

23
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 3 Problem Set
• https//sellfy.com/p/qrLK/
•  
•  
•  Week 3 Problem Set1.Your brother wants to borr
  ow 10,000 from you. He has offered to pay you bac
  k 12,000 in a year. If the cost of capital of thi
  s investment opportunity is 10, what is its NPV? 
  Should you undertake the investment opportunity? C
  alculate the IRR and use it to determine the maxim
  um deviation allowable in the cost of capital esti
  mate to leave the decision unchanged.
• 8.You are considering an investment in a clothes
   distributor. The company needs 100,000 today and
   expects to repay you 120,000 in a year from now.
   What is the IRR of this investment opportunity? G
  iven the riskiness of the investment opportunity, 
  your cost of capital is 20. What does the IRR rul
  e say about whether you should invest?
• 19.You are a real estate agent thinking of placi
  ng a sign advertising your services at a local bus
   stop. The sign will cost 5,000 and will be poste
  d for one year. You expect that it will generate a
  dditional revenue of 500 per month. What is the p
  ayback period?

24
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 3 Project Financial Statement
  Analysis (Nike)
• https//sellfy.com/p/WCBC/
•  
• Continuing with your Week 2 Project, now your CEO
  after reviewing your earlier Week 2 PowerPoint
  submission has asked your team to complete an
  additional benchmark analysis task, before the
  upcoming Board Meeting. For this part of the
  project your team needs to do an analysis of the
  market and operational characteristics of your
  company and its financial profile. For this
  project, your team will need to select four
  companies that are direct competitors of your
  company. This sample selection should be based on
  revenue, profitability, market capitalization,
  market segment and product characteristics.

25
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 3 Quiz
• https//sellfy.com/p/5EU8/
•  
• Company A has a beta of 2.77. Company B has a beta
   of .73. Company C has a beta of .90. The risk fre
  e rate is 6 and the market risk premium is 4. Wh
  at is the expected return of investing in Company 
  B? stock portfolio consists of only two stocks. 
  You have 15,000 in Company A and 25,000 in Compa
  ny B. Company A has an actual return of -8 and Co
  mpany B has a return of 12. What is the return on
   your portfolio? 

26
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 4 Homework Problems
• https//sellfy.com/p/wWnD/
•  
•  
•  (6-5). Expected Return Discrete
  Distribution                                      
                                                  
                                                    
        A stocks return has the following
  distribution                                     
                                  (6-1). Portfolio
  Beta                                             
                    Your investment club has only
  two stocks in its portfolio. 20,000 is invested
  in a stock with a beta of 0.7, and 35,000 is
  invested in a stock with a beta of 1.3. What is
  the portfolios beta?                             
                                        

27
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 4 Midterm
• https//sellfy.com/p/eWIQ/
•  
•  Question 1.Question (TCO G) The firm's asset
   turnover measuresQuestion 2.Question (TCO 
  G) If Moon Corporation has an increase in sales, w
  hich of the following would result in no change in
   its EBIT margin?

28
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 4 Problem Set
• https//sellfy.com/p/8XIN/
• Bonds-1. Interest on a certain issue of bonds is p
  aid annually with a coupon rate of 8. The bonds h
  ave a par value of 1,000. The yield to maturity i
  s 9. What is the current market piece of these bo
  nds? The bonds will mature in 5 years.Bonds-2. A
   certain bond has 12 years left to maturity. Inter
  est is paid annually at a coupon rate of 10. The 
  bonds are currently selling for 850. What is thei
  r YTM?

29
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 5 Homework Problems
• https//sellfy.com/p/80HB/
•  
•  (10-8)NPVs, IRRs, and MIRRs for Independent
  ProjectsEdelman Engineering is considering
  including two pieces of equipment, a truck and an
  overhead pulley system, in this years capital
  budget. The projects are independent. The cash
  outlay for the truck is 17,100 and that for the
  pulley system is 22,430. The firms cost of
  capital is 14. After-tax cash flows, including
  depreciation, are as follows Year Truck
  Pulley1 5,100   7,500  2 5,100 7,5003 5,100
  7,5004 5,100 7,5005 5,100 7,500

30
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 5 problem Set
• https//sellfy.com/p/TFgB/
•  
• Chapter 10 (pages 345348)4.You bought a stock
   one year ago for 50 per share and sold it today 
  for 55 per share. It paid a 1 per share dividend
   today.a. What was your realized return?b. How
   much of the return came from dividend yield and h
  ow much came from capital gain?

31
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 5 Quiz
• https//sellfy.com/p/XMN4/
•  Question 1(TCO C) Company A has a beta of 2.77.
   Company B has a beta of .73. Company C has a beta
   of .90. The risk free rate is 6 and the market r
  isk premium is 4. What is the expected return of 
  investing in Company B? Show your work.Question 
  2. (TCO C) Your stock portfolio consists of only
   two stocks. You have 30,000 in Company A and 35
  ,000 in Company B. Company A has an actual return 
  of -8 and Company B has a return of 12. What is 
  the return on your portfolio? Show your work.Que
  stion 3. (TCO E) A company has a capital structu
  re of 40 debt and 60 equity. The YTM on the comp
  anys bonds is 9, and the companys effective tax
   rate is 40. The CFO has estimated the companys 
  WACC to be 9.96. What is the companys cost of eq
  uity? Show your work. 

32
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 6 Course Project 2 (2 Different
  Projects)
• https//sellfy.com/p/5Tbt/
•  
•    
• This Tutorial contains 2 Different Course Projects
   Second ProjectThe purpose of this project is 
  for you to have some practice working with financi
  al concepts in the real world. This will involve i
  ntegrating some material from throughout the cours
  e. The project will also involve the development o
  f your own approach to doing the work. The project
   does not provide a step-by-step procedure for you
   to follow.Your task is to determine the WACC for
   a given firm using what you know about WACC as we
  ll as data you can find through research. Your del
  iverable is to be a brief report in which you stat
  e your determination of WACC, describe and justify
   how you determined the number, and provide releva
  nt information as to the sources of your data.Ass
  umptionsAs you recall, the formula for WACC isrW
  ACC  (E/ED) rE  D/(ED) rD (1-TC)The formula f
  or the required return on a given equity investmen
  t isri rf  ßi  (RMkt-rf)RMkt-rf is the Market
   Risk Premium. For this project, you may assume th
  e Market Risk Premium is 4 unless you can develop
   a better number.rf is the risk free rate. The YT
  M on 10 year US Treasury securities is a good appr
  oximation.You may assume a corporate tax rate of 
  40.

33
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 6 Homework Problems
• https//sellfy.com/p/GFMo/
•  
•  Week 6(121)AFN EquationBaxter Video
  Productss sales are expected to increase by 20
  from 5 million in 2010 to 6 million in 2011.
  Its assets totaled 3 million at the end of 2010.
  Baxter is already at full capacity, so its assets
  must grow at the same rate as projected sales. At
  the end of 2010, current liabilities were 1
  million, consisting of 250,000 of accounts
  payable, 500,000 of notes payable, and 250,000
  of accruals. The after tax profit margin is
  forecasted to be 5, and the forecasted payout
  ratio is 70. Use the AFN equation to forecast
  Baxters additional funds needed for the coming
  year.

34
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 6 Problem Set
• https//sellfy.com/p/Uaen/
•  
• Chapter 29 (pages 983-984)1.What inherent chara
  cteristic of corporations creates the need for a s
  ystem of checks on manager behavior?2. What are 
  some examples of agency problems? 3.What are th
  e advantages and disadvantages of the corporate or
  ganizational structure?

35
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 6 Project Calculating the Weighted
  Average Cost of Capital (Nike)
• https//sellfy.com/p/ewaT/
•  
•  
•  Once again, your team is the key financial
  management team for your company. The companys
  CEO is now looking to expand its operations by
  investing in new property, plant, and equipment.
  In order to effectively evaluate the projects
  effectiveness, you have been asked to determine
  the firms weighted average cost of capital. To
  determine the cost of capital, here is what you
  have been asked to do.

36
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 7 Homework Problems
• https//sellfy.com/p/YOA3/
•  Week 7(16-1)Cash ManagementWilliams Sons
  last year reported sales of 10 million and an
  inventory turnover ratio of 2. The company is now
  adopting a new inventory system. If the new
  system is able to reduce the firms inventory
  level and increase the firms inventory turnover
  ratio to 5 while maintaining the same level of
  sales, how much cash will be freed up?

37
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 7 Problem Set
• https//sellfy.com/p/QDeB/
•  
•  Week 7(16-1)Cash ManagementWilliams Sons
  last year reported sales of 10 million and an
  inventory turnover ratio of 2. The company is now
  adopting a new inventory system. If the new
  system is able to reduce the firms inventory
  level and increase the firms inventory turnover
  ratio to 5 while maintaining the same level of
  sales, how much cash will be freed up?

38
FIN 515 Experience Tradition/sellfy.com

• FIN 515 Week 7 Project Capital Budgeting Analysis
  (Nike)
• https//sellfy.com/p/Sz9X/
•   
•  
• Once again, your team is the key financial
  management team for your company. The companys
  CEO is now looking to expand its operations by
  investing in new property, plant, and equipment.
  Your team recently calculated the WACC for your
  company, which will now be useful in evaluating
  the projects effectiveness. You are now asked to
  do some capital budgeting analysis that will
  determine whether the company should invest in
  these new plant assets.

39
FIN 515 Experience Tradition/sellfy.com