Finance

Write a short article (300 words) for a local business publication in which you explain why cash flow from operations is important information for small business owners. due in 7 hours. 10 pm eastern! For more information on Importance Of Cash read this: https://en.wikipedia.org/w/index.php?search=Importance+Of+Cash&title=Special%3ASearch&go=Go&ns0=1

WEEK 6 Paper. Use the link at the top of this section to submit your paper. Click “Browse My Computer” and attach your paper as a MS Word document. Then click “Submit.” Research and Analysis Paper 3:  As a new junior analyst for your firm, your first assignment is to research, analyze, and value Johnson & Johnson stock (NYSE listed).  Your boss recommends determining prices based on both the discounted cash flow method and comparable P/E ratio method.  You are concerned about your boss’s recommendation because your Corporate Finance professor explained that these two valuation methods can result in widely differing estimates when using real data. You are hoping the two methods will reach similar prices. Good luck with that! Your assignment is: Find and download the Johnson & Johnson 2019 Annual Report including Form      10-K for the fiscal year ending December 29, 2019. Go to      Reuters (http://www.reuters.com) and enter the symbol for Johnson & Johnson (JNJ) in the search box at the top of the web page (select Johnson & Johnson JNJ).  From the      Reuters, the website collects the following information (you should be able to find this in the free sections) and enter it into an Excel spreadsheet: The current stock price (last trade – upper left of page) The       EPS (TTM) The number of shares outstanding The       Industry PE Ratio (TTM) – you may need to look elsewhere for this. From the Key Metrics, tab scroll down to find the Revenue Growth Rate (5Y),      enter the number in your spreadsheet. Go to      Morningstar (http://www.morningstar.com)      and enter “JNJ” into the “Search Quotes and Site” box. Select Johnson      & Johnson under the U.S. Securities section.  Under      “Financials” click Income Statement.  Copy and paste (or use “Export to Excel to create anew file) the most recent three years      (2017-2019) of income statements into a new worksheet in your existing      Excel file.  Repeat this for the balance sheets and the cash flow statements for Johnson & Johnson.  Keep (or copy) all the different financial statement data in the same Excel worksheet NOTE: Make sure you are collecting the Annual data, NOT the Quarterly data. To determine the stock value using the discounted cash flow method: Forecast the free cash flows.  Start by using the historical data from the financial statements downloaded from Morningstar to compute the three-year average of the following ratios: EBIT/Sales Tax        Rate (income tax expense/income before sales) Property,        plant & equipment/Sales Depreciation/property,        plant & equipment Networking capital/sales Create an empty timeline for the next five years Forecast future sales based on the most recent year’s total revenue growing at the       LT growth rate (5Y average) from Reuters for the first five years of the forecast. Use the average ratios from step 5. a. above to forecast EBIT, property plant       & equipment, depreciation, and networking capital for the next five years. Forecast the the free cash flow for the next five years using Eq. 10.2 from the       text (Section 10.1 in text). Determine the horizon enterprise value for year 5 using Eq. 10.6 and a long-term growth rate of 4% and a cost of capital of 11% for JNJ. Determine       the enterprise value of the firm as the present value of the free cash flows. Determine the stock price using Eq. 10.4. Note: your enterprise value is in thousands of dollars and the number of shares outstanding Is in billions. To      calculate an estimate of the JNJ price based on a comparable P/E Ratio,      multiply the industry average P/E ratio by JNJ EPS. Compare the stock values from both methods to the actual stock price.  Submit a two-page double spaced paper summarizing for your boss your analysis and valuation with a few brief summary exhibits explaining how your analysis and outlook are quantified in your valuation model.  Would you recommend investing in the company? Why or why not? For more information on Johnson and Johnson Stock read this: 

One page minimum with references… Analyze the role of the paradigm shift under the Affordable Care Act and discuss how transparency will play a greater role in the pricing of health care.  Will consumers begin to demand increasing transparency in pricing?  Do you believe accrediting commissions (e.g., the Joint Commission) will demand greater transparency in pricing How will these demands be weighted as compared to individual consumers’ demands?  For more information on Pricing And Transparency read this: https://en.wikipedia.org/wiki/Transparency_(market)

Write a paper about East West Bank. Share information about the history and mission description of the intermediary you specify. Usually, the mission statement contains a description of the company’s functions. Some mission statements include information about the company’s market and competitive advantages, and an organizational structure outlines how certain activities are aimed at achieving the organization’s goals. A successful organizational structure defines the work of each employee and its position in the overall structure. What products/services does your financial intermediary provide. Intermediary’s customer base and marketing strategies. Who does the intermediary serve? What are the main assets and liabilities of your financial intermediary? Your financial intermediary income. How does covid-19 affect your intermediary? What have intermediaries done to support their employees since the beginning of the pandemic As a reminder, here are the formatting requirements for the paper: ·  limited to 4 pages (First 3 pages describe your intermediary; the last page summarizes the news).  · 12-point font and double spaced. · One-inch margins and APA style of citation (CITE ALL SOURCES). · At least 2 recent scholarly sources published after 2010; other sources could be your textbook, the internet, library, statistical data, etc.  For more information on East West Bank read this: https://en.wikipedia.org/wiki/East_West_Bank

 The CFO of your organization pulls you aside in the hallway in a panic and wants to know why no one has called an extermination company yet. They overheard some of your colleagues chatting in the breakroom about “ten wasps.” Explain to the CFO that your colleagues were likely referencing OWASP Top 10 and the significance of the OWASP Top 10. Make sure you have at least one mention of how web security affects the organization financially. For more information on read this: 

 There has been a lot in the news lately when it comes to the health care system here in the United States. The system has grown exponentially over the past decade. In 2006, “health care expenditures reached $2.2 trillion, which translates to $7,421 per person or 16.2 percent of the nation’s Gross Domestic Product. The health-spending share of GDP reached 16.2 percent, up from 16.0 percent in 2006” (Centers for Medicare & Medicaid Services, 2009, para. 1). With these figures alone, you can understand the urgency behind containing cost, making accessible, and ensuring quality is important in health care. Making this also more beneficial for vulnerable populations. Are the difficulties inherent in the present U.S. health system caused by private insurance companies or by too much government involvement? Explain your answer  For more information on Private Insurance read this:https://en.wikipedia.org/wiki/Insurance

Use the following dataset to create a small Descriptive statistics table as discussed in the materials for Week 13. Age (years–A number >18 — no vulnerable subjects <18) 18, 24, 22, 32, 44, 28, 25, 25, 38, 40 Love of Mochi ice cream (scale of 5, where 5 is the most love, and 1 is the least love) 4, 5, 4, 3, 2, 5, 4, 1, 4, 3 Enjoyment of playing outdoor sports (scale of 5, where 5 is the greatest enjoyment, a 1 is the least enjoyment) 5, 5, 3, 2, 4, 1, 3, 2, 4, 4 Optionally, you may also download this data in an Excel file--. The table should be created in Word or a PDF file for submission. Calculate the following measures for the table:  (number of observations) Mean Standard Deviation Median Range  Minimum value Maximum value For more information on Descriptive Statistics read this: https://en.wikipedia.org/wiki/Descriptive_statistics

3.2 Management and Financial Feedback: Discussion Overview In Project 2 you researched financial and management information for your venture. Establishing a solid financial plan and a strong management structure is critical to the success of any new venture. Finances are arguably the most complex and challenging part of starting a business or developing a new concept for an existing company. In this discussion, you will explain your financing and management ideas for your venture. Your classmates will offer feedback on your ideas and suggest ways that you can improve your plans for your business. In turn, you will provide your classmates with feedback on their business plans.   Initial Post Refer to the articles from the previous Read & View assignment: 10 Financial Tips for Startup Entrepreneurs, Eric Bell, Under30CEO.com, n.d. Managing People Is an Art: 32 Ways to Do it, Catherine Clifford, Entrepreneur.com, May 29, 2014, Discuss each of the following: How do you propose to structure the management team for your venture?  Discuss the priorities of your top executives in the first 90 days and in the first year. Identify your sources of funding. Explain how your venture will make money. What is the expected pricing, and how many sales are needed each month to cover expenses? What is the profit forecast, when is the break-even point, and how will you ensure cash flow to continue monthly operations prior to achieving profitability? Does your venture have multiple revenue streams? What are they? Summarize the venture’s fixed and variable expenses.

Assignment4: Resource Bank of America Annual Report and Quarterly Update Tasks (3 – 5 pages) 1. Identify one (1) enterprise risk management disclosure and one (1) operational risk management disclosure from the Resource. Be specific as to page and section. 2. Describe the disclosure (a) and why you characterized as either enterprise or operatonal risik (b). You should refer to either (i) the text, or (ii) materials provided in class as points of reference. 3.  Choose one (1) of the disclosures you reported on and give you an assessment of its adequacy to the consumers of the report. Justify your assessment with at least one (1) specific argument. Assignment 5: Resource Any business news feed, including but not limited to WSJ, Bloomberg, CNBC.  Tasks 1. Select a story of interest to your colleagues in operational risk management. 2. Write a script for a “podcast” based on the story. This podcast would last 3-5 minutes, and should include: a. The specific reference (publication, title, date, author). b. Summary of the main point. c. Why it is of interest to operational risk managers. d. You own viewpoint: agree/disagree/neutral and why.  3. The best papers will be selected for presentation in class. Assignment 6: Resource A History of the United States in Five Crashes (Nations)Resources provided in class.Textbook (Hull).Tasks (5 – 7 Pages)1. Imagine you are the CRO of an organization (bank, insurer, supply chain).2. Identify two (2) crises from the Nations’ book. Briefly describe them.3. Based on the two (2) selected, (a) how would your organization be impacted? (b) What could you have done to mitigate the impact? You should refer back to materials employed in class to support your mitigation strategy.4. If you were Nations updating the book for a sixth crisis, what would it be: COVID, climate change, Cyber, other catastrophe(s)? Explain, and what two (2) lessons would you take away. For more information on Bank of America Annual Report read this: https://en.wikipedia.org/wiki/Bank_of_America

Creating your personal financial plan is a major requirement for this course. It should consist of a completed Word document and an Excel workbook.. . Your Excel workbook should complete three worksheets (taxes, debt, and retirement) to provide the calculation for your Word document. You will be scored based upon the feasibility, plausibility, and thoroughness of your plan. Must create a personal financial plan. it can be made up but with correct and legit answers. Also correct numbers on the excel worksheet. For more information on Financial Plan read this: https://en.wikipedia.org/wiki/Financial_plan