14 Jul Course IntroductionWelcome to the course Financial Practices for Ma
Course IntroductionWelcome to the course Financial Practices for Managers!Managerial finance deals with decisions made in a firm that are associated with revenue and profits. Many of these decisions are concerned with financing (also termed cash inflows) and investing (also termed cash outflows). The overall focus is maximizing shareholder wealth. To do this, a manager needs to focus on a variety of factors including financial and nonfinancial considerations.Management faces various challenges to make decisions such as the following: Purchasing new equipment Establishing a selling price of a product Eliminating a divisionThe outcomes of these decisions can have long-term effects on a company. In some instances, wrong decisions could be devastating for the company, leading to bankruptcy. Management should have a good understanding of the techniques involved in the decision-making process to make appropriate financial and nonfinancial decisions.In this course, you will explore various concepts and techniques used in the decision-making process. The readings, assignments, and lectures in each module provide a glimpse of various financial tools that organizations use to capture and evaluate complex costs associated with business actions. You will also review how management within an organization uses internally- and externally-reported information to make important operating decisions.Module OverviewAnalysis and Interpretation of Financial StatementsThe ability to make effective and efficient decisions—in the area of human resources, operations, or finance—is one of the fundamental skills of an efficient manager. Managers use a variety of tools to make decisions. In the initial steps of making effective decisions, managers identify the company’s individual performance and industry performance by seeking answers to specific questions.Questions to analyze a company’s individual performance are as follows: What is the bottom line? Are revenues exceeding expenses? Is there sufficient cash flow or working capital to achieve short- and long-term objectives? Are resources being used efficiently?Questions to analyze the company’s industry performance are as follows: What is the company’s market share? Are the industry standards being met? Is the company one of the best in the industry?A financial-statement analysis can answer most of these questions. In this module, you will discuss the use of financial statements in the decision-making process. You will also discuss the techniques applicable to this analysis.Module ReadingsComplete the following readings early in the module: Module overview From your course textbook, The portable MBA in finance and accounting, 4th , read the following chapters: Understanding Financial Statements Analyzing Financial Statements Analyzing Business Earnings From the Internet, read: McGladrey & Pullen, LLP. (2010). Reading & understanding financial statements: A guide to financial reporting. Elevator Pitch Assignment: Understanding the Numbers for Better Decisions Instructions:It is the management’s responsibility to maximize shareholder wealth as it is based on the organization’s future cash flows. To accomplish this, managers have to understand how to use financial statements for analysis.In this assignment, you will explain the importance of the statements to the financial reporting process and management decisions. Tasks: Locate the financial statements of a U.S. publicly-traded company of your choice (the company must have inventory and accounts receivable) by visiting the organization’s Web site to locate the investor section. Or you may use one of the following Websites: U.S. Securities and Exchange Commission Yahoo Finance Google Finance Review the information presented in the financial statements of the company you selected. Using the company you selected, calculate one ratio from each ratio category located at this Financial Ratios resource. Complete a trend analysis of each ratio for a three-year period. Describe what the trends you see for your company based on your ratio analysis. What does this mean for the company? Compare your company’s ratios with those of the industry it is in. Analyze the financial reporting information and the financial health of the company with the help of the calculated ratios. Submission Details: Write a 2–3-page research paper explaining each selected ratio, the ratio category, and your individual analysis of the company as compared to the industry and the time sensitive analysis. Include a Microsoft Excel Spreadsheet with your relevant calculations. Apply APA standards to citation of sources. By Monday November 19, 2018, save your 2–3-page paper and included a Microsoft Excel worksheet with appropriate calculations report and upload it to the Submissions Area. Turned-in on time, Grading criteria followed All assignment qualifications addressed correctly, Grading Criteria followed, Include Question followed by the answer Reference Page Included Cover page Included, Paragraphs Indented, Running-head included, main heading should be centered; all new paragraphs should be indented; paper should be right ragged, not right justified; references, should always go on a standalone page. abstracts are not usually indented; acronyms should be spelled out when using them for the first time, for example HR. references as listed are APA standard. When you submit your papers through turnitin.com, your overall similarity index score should not be exceedingly high, with ten to fifteen percent being the maximum, Please make sure your APA formatting of citations. I have provided the APA resource cite for you. https://owl.english.purdue.edu/owl/resource/560/01, Please work on using literature within the span of the last 5 years, keep in mind there should not be any one, two, or three sentence paragraphs Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation Assignment: Understanding the Numbers for Better Decisions Grading Criteria & Maximum PointsSubmitted the 2–3-page paper and included a Microsoft Excel worksheet with appropriate calculations. 10pts.Effectively analyzed and then reported the findings relative to the financial statements and the financial health of the organization. 34pts.Appropriate financial ratios have been selected within each category and computed for three years. Also included the industry comparison and analysis. 24pts.Articulated key points in a clear, logical, and professional manner, with supporting evidence wherever required. 12pts.Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation. 20pts.Total: 100
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.