Business Finance

1.As a manager, discuss how you would use or have used the concepts presented in chapters 9capital budget and operating budget.2. Why might managers find a flexible-budget analysis more informative than static-budget analysis?3. How might a manager gain insight into the causes of flexible-budget variances for direct materials, labor, and overhead? Provide at least one numerical example to support your thoughts

Within the Week 4 Assignment Forum, review and discuss Weighted Average Cost of Capital (WACC) concepts as follows:When creating your initial post, assume you are the CFO of Hankins Corporation. Given the key financial data below, perform a detailed and thorough financial analysis (show and explain all calculations) that includes the following:Describe the firm’s market value capital structure:What is the market value for each type of financing used by the firm: equity, preferred stock, and debt?What is the total market value for Hankins Corporation?What are the respective market value weights for each component of the firm’s financing (equity, preferred stock, and debt)?If the firm is evaluating a new investment project that has the same risk as the firm’s typical project, what rate should the firm use to discount the project’s cash flows? Hint: the firm’s WACC is the appropriate discount rate. Compute Hankins’ WACC:What is the cost of equity using CAPM?If the YTM of the bonds is 5.93%, and YTM represents the cost of debt, what is the after-tax cost of this debt?What is the cost of the firm’s preferred stock?Based on this information, what is the WACC for Hankins Corporation?Key financial data for Hankins Corporation:Common stock outstanding = 5.4 million shares; market value = $64/share; beta = 1.135.6% Preferred stock outstanding = 290,000 shares issued with par value = $100 each. Current market value of preferred stock = $103/share. 6.7% semi-annual bonds outstanding = 125,000 bonds issued withpar value = $1,000 each; market value is 109% of par; all bonds mature in 20 years.Market risk premium = 6.8%T-bills current yield = 4.3%Corporate tax rate = 34%

Pinto – Case Study 13.3 (485-486) – “Dear Mr. President -Please Cancel our Project”This assignment involves that the student read the case study and answer all questions at the end of the case study in a 4-5 page paper. Your answers must include substantial support from at least two (2) scholarly journal articles on project management. See below for advice on how to find these journal articles. Refer to the course schedule matrix for for all case assignments.Every paper typed in this course should be in APA formatting (title page, reference page, NO abstract page, in-text citations, running head, page numbers, Times New Roman 12 font, 1 inch margins, double-spacing, etc…). Points will be deducted for papers that are not typed in APA formatting. Also, every paper in this course needs to be based on research from a scholarly source that is retrieved from Library. Your weekly research papers should include two sources, the textbook and the scholarly case/article that you found. Papers that are not based on a scholarly source(s)

Research PaperThis week’s journal article was focused on the Complexity of Information Systems Research in the Digital World. Complexity is increasing as new technologies are emerging every day. This complexity impacts human experiences. Organizations are turning to digitally enabled solutions to assist with the emergence of digitalization.Please review the article and define the various technologies that are emerging as noted in the article. Note how these emerging technologies are impacting organizations and what organizations can to do to reduce the burden of digitalization.Be sure to use the UC Library for scholarly research. Google Scholar is also a great source for research. Please be sure that journal articles are peer-reviewed and are published within the last five years.The paper should meet the following requirements:3-5 pages in length (not including title page or references)APA guidelines must be followed. The paper must include a cover page, an introduction, a body with fully developed content, and a conclusion.A minimum of five peer-reviewed journal articles.The writing should be clear and concise. Headings should be used to transition thoughts. Don’t forget that the grade also includes the quality of writing.https://study.sagepub.com/bratton/student-resources/sage-video/chapter-1-the-nature-of-leadership

A SWOT Analysis is a very common tool used in strategic planning. Basically, it is a list of the organization’s Strengths and Weaknesses (internal) and Opportunities and Threats (external). Your task is to collaborate with your team in the Company Discussion Page and complete a comprehensive list of the internal and external factors that may impact your organization. Again, this is a simulated company so I expect you to use strong critical thinking skills to predict what factors would be in play for your company.Submit a reflection paper discussing your experience this week.

Discuss the main differences between deduction for AGI and deduction from AGI. Which deductions do the taxpayers prefer?

 During week eight we will be focused on cost volume profit analysis. We will be looking at the ways that cost, volume, and profit interact. This can be critical for a business to understand. Failure to understand these items can lead to a business failing. For our discussion board post in week four please be sure to read chapter 7. Then locate a news article about a store or business that has shut down and provide a link to the article. Then provide a summary of the article in your own words and brainstorm why this business or store may have failed. Then answer the question “What are some aspects of cost volume profit that may have been at play that led to the closure of this business?” Be sure to integrate the concepts of cost volume profit that you are learning about this week into your post. 

Using an Internet search engine, search for “strategic alliance” and identify a recently formed alliance. What is the goal of this alliance?  What brought them together? Discuss how you think a strategic alliance is or is not an effective way for these organizations to meet their goals.What strategic alliance has your research discovered?Submission Details:Write your answer using a WORD document with approximately 400 words. APA format in-text citations with page numbers required. Scholarly References required. No plagiarism 

In this module, we focus on the concept of conversion, which is the actual monetizing of the fraudulent activity of the perpetrator. Please read the following scenario:Your boss has presented you with a fraud case which occurred at a manufacturing plant of a major auto supplier. In this case, circumstantial evidence has been collected that indicates the plant manager has been incorrectly booking revenues and costs to increase the performance level of the plant, and thus increase the bonus payout for himself and the remainder of the plant leadership team.You have been asked to employ the net worth method to provide evidence to support these claims. Available information includes the financial statements of the facility for the past five years and access to base activity information (invoices, etc.) to support the financial statements. Note: this information is not provided, you will develop your plan based on knowing the information is available.How      would you go about this investigation and why?What      key information would you request to support the analysis and why?What     specific steps would you take to identify the fraud and why? Integrate the      specific Internet search tips in your answerChapters 9 & 10 in Fraud ExaminationBryan, D., & Quirin, J. J. (2018). The obvious fraud revisited: The admission-seeking interview. Journal of Business Case Studies (Online), 14(4), 69-96.Cavico, F. J., & Mujtaba, B. G. (2017). Wells Fargo’s fake accounts scandal and its legal and ethical implications for management. S.A.M. Advanced Management Journal, 82(2), 4-19.Albrecht, W. S., Albrecht, C. O., Albrecht, C. C., & Zimbelman, M. F. (2019). Fraud examination (6th ed.). Boston, MA: Cengage Learning.

Discuss the following points regarding Six Sigma concept:Discuss personal experience in regard to quality improvement programs and how they are project like in application such as DMAIC.If you have no experience, you should gain some from friends or work colleagues or—as a last resort—news articles.If news reports are used, references and in-text citations must be provided.What has led to the more comprehensive strategic view about total quality management?What impact did the quality improvement program have on the company or organization? Please provide specific examples demonstrating the impact.Why do some quality initiatives fail?