Finance

Visit Morningstar, Yahoo! Finance, Google Finance, or Bloomberg to identify the top 10 holdings, previous year’s performance, and expected dividend yield, expense ratio, and minimum investment amount for one mutual fund and ETF of your choice. Avoid duplicating a fund posted by a classmate. Identify one advantage and one disadvantage of mutual funds and ETFs for investors.

weekly class discussion question, 180 words, APA, one reference:Estimating cash flows isn’t difficult, but it is complicated, as there are a lot of little details to keep track of. Having a systematic approach to handling and arranging details is key to successful finance management and advancing organizational goals.Respond to the following in a minimum of 180 words:Discuss a business example that shows how depreciation and accelerated depreciation can affect project cash flows.What would your process be to ensure that all related financial details are allocated for and tracked so as to assist in making sound business decisions?

Budgeting for Financial ControlProgram development involves learning and understanding the major principles and models of budgeting. Budgeting for financial control of a human services program involves making decisions about managing the budget, including selecting the appropriate method based upon how the program is structured.Please respond to the following:1)    Explain the concept of financial control.a)    Describe how the financial control purposes of budgeting deals with the relationship between revenues (inputs) and expenses (activities).2)    Identify the three major models of the budgetary process.a)    Describe the similarities and the differences within the models.3)    What are the three principal purposes of budgeting? What are the three major corresponding budgeting systems?a)    Describe the similarities and the differences between the three.4)    In your opinion, should small nonprofit organizations hire outside consultants to help them with budgeting issues, or should they develop their expertise in-house? Use your text or other professional resources to support your answer.READING RESOURCESPlease read the following chapter in the text: Kettner, P. M., Moroney, R., & Martin, L. L. (2017). Designing and managing programs: an effectiveness-based approach (5th ed.). SAGE.•    Chapter 12: “Budgeting for Financial Control, Management, and Planning”Additionally, please review the resources below:Web ResourcesFiscal Management Associates. (n.d.). Resources. https://fmaonline.net/nonprofit-financial-management/financialresources/Nonprofitworks. (2018). Budget basics. https://www.nonprofitworks.com/wp-content/uploads/2018/04/Budget_Basics.pdfNonprofitworks. (2018). Budget planner. https://www.nonprofitworks.com/wp-content/uploads/2018/05/Budget_Planner.pdfNonprofitworks. (2018). Sample revenue projection.https://www.nonprofitworks.com/wp-content/uploads/2018/06/Sample-Revenue_Projection.pdfGrants.Gov. (2019, October 29). What is a Budget Narrative? https://grantsgovprod.wordpress.com/2019/10/29/what-is-a-budget-narrative/Kettner, P., Moroney, R., & Martin, L. (2017). Designing and managing programs: an effectiveness-based approach (5th ed.). SAGE.Office of the State Superintendent of Education. (2017, November 13). Budget Narrative/ Justification Example. https://osse.dc.gov/publication/budget-narrativejustification-exampleDOC should be utilized!

Developing Line-Item, Functional, and Program Budgeting SystemsEstablishing and creating a budget is crucial for successful program development and implementation. Chapter 13 examines three different program budgeting systems. A line-item budget identifies all anticipated revenue and proposed expenses.Please respond to the following:1)    List and define budget categories in a line-item budget.a)    Describe the importance of having a line-item budget. Use your text to support your answer.2)    After reviewing Chapter 13, determine a program structure for the new program described in the case example.3)    What direct cost is associated with human services programs? What is indirect cost?a)    Explain the importance of knowing the total cost (indirect and direct) of a human services program.4)    Describe the total direct cost methodology, the direct labor cost methodology, and the direct labor hours methodology.a)    In your opinion, which cost allocation methodology is best? Explain your answer using your text or other resources to support your response.READING AND RESOURCESOverviewAssigned ReadingsPlease read the following chapter in your text:•    Chapter 13: “Developing Line-Item, Functional, and Program Budgeting Systems”•    Chapter 13 will illustrate how a line-item budgeting system is created. You will also review how a functional budgeting system is created. In addition, you will also be introduced to the process in which a program budgeting system is created. You will explore not only how the three systems are created, but when it is appropriate to use them and the pros and cons of each system.Additionally, please review the resources below:Web ResourcesA.    Center for Community Health and Development, University of Kansas. (n.d.). Section 1. Planning and writing an annual budget. Community Tool Box. https://ctb.ku.edu/en/table-of-contents/finances/managingfinances/annual-budget/mainB.    Fiscal Management Associates. (n.d.). Resources. https://fmaonline.net/nonprofit-financial-management/financialresources/C.    Nonprofitworks. (2018). Budget basics.https://www.nonprofitworks.com/wp-content/uploads/2018/04/Budget_Basics.pdfD.    Nonprofitworks. (2018). Budget planner.https://www.nonprofitworks.com/wp-content/uploads/2018/05/Budget_Planner.pdfE.    Nonprofitworks. (2018). Sample revenue projection. https://www.nonprofitworks.com/wp-content/uploads/2018/06/Sample-Revenue_Projection.pdf

One of the tools finance professionals use to determine the rate of return an investment should provide given its level of risk is the Capital Assets Pricing Model or CAPM. For this assignment, you will create your own CAPM and apply it to find various returns on investments.PromptPart 1Please lookup the risk-free return on US Treasury Bills on December 31st 2019 and the return on the S&P 500 for 2019. Using this information, construct a CAPM graph using MS Excel or another tool of your choice. You’ll need to refer to the CAPM formula from this course for your calculations, but you can use this page to help with constructing your graph.Once your graph is complete, please copy it or take a screenshot of it and paste it into a Word doc that you can submit for this assignment.Part 2Below your CAPM graph on your Word doc, please answer the following questions:1. Using the CAPM formula, calculate the required rates of return for betas of 0.50, 1.0, 1.25 and 3.0. Show the formula filled in with the numbers you looked up. If the market return was 15% what would the required rate of return be on a stock with a beta of 0.75?2. What kind of stocks would have betas of 0.5, 1.0 and 3.0? Please describe these stocks in terms of risk in a few sentences and provide an example stock for each.Formatting & Sources Please write your paper in APA format. You may refer to the course material for supporting evidence, but you must also use 2 credible, external sources to support the data in your CAPM graph and your answers to the questions in part 2. Please cite your sources using APA format. If you use any Study.com lessons as sources, please also cite them in APA (including the lesson title and instructor’s name).If you’re having trouble finding sources from peer-reviewed scholarly journals, try resources such as the Harvard Business Review, Investopedia or Marketwatch. Secondary sources may also come from reputable websites with .gov, .edu, or .org in the domain. (Wikipedia is not a reputable source, though the sources listed in Wikipedia articles may be acceptable.)

Small businesses account for 99.9% of all firms and are directly responsible for more than half of the new jobs created in the United States. In this course, you have learned about small business models, financing, forecasting, accounting, and management. For this assignment, you will develop a 2,000-2,500-word small business plan.PromptTo start, you should create a fictional small business. You will then write a paper that incorporates all of the following components:Business Description: Summarize your vision for the business. Explain your business model (e.g., direct sales, brick-and-mortar, click-and-mortar, or franchise) and describe the products or services your company will provide.Industry Background: Provide a brief description of the background/history of the industry you have chosen for your business.Financial Plan: Identify the short-term and long-term financial goals for your small business. Explain your plan to obtain financing for the business.Sales Forecast: Provide an immediate (six-month), short-term (two-year), and long-term (five-year) sales forecast for your small business.Feasibility Plan: Develop a feasibility plan to determine if your business can meet operating expenses. The feasibility plan should identify the target market for your business, identify and analyze your direct and indirect competitors, identify the organizational competence of your business, and perform a financial analysis to determine the viability and profitability of your company.Exit/Succession Strategy: Describe how you will determine if the business is failing and what your exit strategy will be should your business fail. In addition, describe the succession strategy you will use if you decide to exit the business.Using SourcesYou may refer to the course material for supporting evidence, but you must also use three sources and cite them using APA format. Please include a mix of both primary and secondary sources, with at least one source from a scholarly peer-reviewed journal. If you use any Study.com lessons as sources, please also cite them in APA (including the lesson title and instructor’s name).Primary sources are first-hand accounts such as interviews, advertisements, speeches, company documents, statements, and press releases published by the company in question.Secondary sources come from peer-reviewed scholarly journals, such as the International Small Business Journal (ISBJ). You may use sources like JSTOR, Google Scholar, and OMICS International to find articles from these journals. Secondary sources may also come from reputable websites with .gov, .edu, or .org in the domain. (Wikipedia is not a reputable source, though the sources listed in Wikipedia articles may be acceptable.)

Your assignment is to choose one of the following companies:Best BuyGeneral MotorsBank of AmericaDo some research on your company and identify four risks they are facing. A good place to start is with the company annual report and 10-K filings. You can use SEC.gov to find this information, or another site like AnnualReport.com. The investor relations section of public companies’s websites also has information on their financial performance.For each risk please answer the following:Why is this a risk?What type of risk is it?What is the likelihood of the risk? How great is the impact?What strategy or policy does the company use to manage the risk?At the end also state any recommend changes to any of these strategies or changes to the company’s enterprise risk management approach.Using SourcesYou may refer to the course material for supporting evidence, but you must also use at least two credible outside sources and cite them using APA format. Please include a mix of both primary and secondary sources. If you use any Study.com lessons as sources, please also cite them in APA (including the lesson title and instructor’s name).Primary sources are first-hand accounts such as interviews, advertisements, speeches, company documents, statements, and press releases published by the company in question.Secondary sources come from peer-reviewed scholarly journals, such as the Journal of Management. You may use sources like JSTOR, Google Scholar, and AnnualReport.com to find articles from these journals. Secondary sources may also come from reputable websites with .gov, .edu, or .org in the domain. (Wikipedia is not a reputable source, though the sources listed in Wikipedia articles may be acceptable.)

Learning is enhanced when you take time to reflect on the process. This week, you will have a journal that asks you to discuss your thoughts in relation to the topic for the unit. Your reflection and writing will help with your understanding of the content covered.Your response to this journal should be clear, concise, and organized. The expression of information must be well written and original, with few or no errors in format and mechanics.Human services program funding fluctuates depending upon available resources. To prepare for fluctuations in financial resources, human services managers need to develop effective budgeting strategies. The Community Tool Box in your reading this week provides guidance for planning and writing an annual budget.Please respond to the following questions:1.  What are some ways to respond to a deficit in the budget at the end of the fiscal year?2.  What are some ways to prepare in advance for budget shortfalls by cutting spending or increasing revenue?Web ResourcesA.    Center for Community Health and Development, University of Kansas. (n.d.). Section 1. Planning and writing an annual budget. Community Tool Box. https://ctb.ku.edu/en/table-of-contents/finances/managing-finances/annual-budget/mainB.    Fiscal Management Associates. (n.d.). Resources. https://fmaonline.net/nonprofit-financial-management/financialresources/C.    Nonprofitworks. (2018). Budget basics.https://www.nonprofitworks.com/wp-content/uploads/2018/04/Budget_Basics.pdfD.    Nonprofitworks. (2018). Budgetplanner. https://www.nonprofitworks.com/wp-content/uploads/2018/05/Budget_Planner.pdfE.    Nonprofitworks. (2018). Sample revenue projection. https://www.nonprofitworks.com/wp-content/uploads/2018/06/Sample-Revenue_Projection.pdf

Sustainability in asset management including financial portfolio management Kindly don’t miss the last paragraph which is  important to note.This is a small project for a bank in Germany. It focuses on the two business areas of asset investment and commercial real estate interim financing. In asset investment, the bank focuses on long-term business relationships with high net worth individuals, institutional clients, foundations and other entities that need or want to delegate decision-making. No proprietary investment products are developed or offered. In addition, the Bank engages in proprietary securities trading for liquidity management purposes and, to a minor extent, for strategic capital investment.The bank has four target groups in asset management:1. professional investors and asset managers who do not require advice but appreciate the service and support of a private bank2. well-informed private investors who want to take advantage of short-term market opportunities and who are supported by the bank in doing so3. traditional private investors who pursue specific investment goals and receive individual support from the bank’semployees in this regard4. institutional clients, smaller pension funds, foundations, church districts and other institutions.For support in asset management, target customers should generally be able to provide the bank with free assets of between EUR 300 thousand and EUR 30,000 thousand.Background:The European Commission already published an action plan for a sustainable financial system in the first quarter of 2018, based on the goals from the Paris Climate Agreement and the United Nations’ Agenda 2030. The aim of the action plan is to align capital flows sustainably, to integrate the topic into the risk management steering cycle and to create more transparency for financial products.A central measure for achieving the goals is the consideration of sustainability in securities transactions and in securities (ancillary) services. This measure is intended to direct private money flows specifically into sustainable investments by taking into account the environmental (E – “Environment”), social (S – “Social”) and corporate governance (G – “Government”) factors.The proposals of the European Commission accompanying the measure, as well as the amendments of the European Securities and Markets Authority (ESMA), have implications for the conduct of business and organizational obligations under the Second European Financial Markets Directive (MiFID II). Of central importance in the legislative activities is the EU taxonomy. It defines what can be classified as sustainable economic activity in the future and is the core instrument of the EU action plan. In the coming months, further legal developments in the area of sustainability can be expected at national and European level.Student project assignment:In our opinion, sustainability is only promising within the framework of a strategic overall system, taking into account business and socio-ecological aspects. For this purpose, a systemic sustainability management is to be prepared and elaborated in the bank with regard to the overall bank management, governance, IT and business areas. The project assignment refers to the preparation and elaboration of the relevant and possible aspects for the integration of sustainability for asset management including financial portfolio management. This is to be done taking into account value chains and costs. It should be noted that sustainability issues are not to be considered one-dimensionally, but are to be provided with multi-dimensional levels. These possibly multiple conflicts of objectives must be processed transparently in order to submit recommendations for action to the bank’s management on this basis. In this context, it should be noted that our target group of institutional customers in particular is interested in suitable products for ethically sustainable investment.The following issues are of particular interest to us:I. Regulation1) What requirements, instruments, codes and voluntary commitments regarding sustainability exist for securities (ancillary) services for credit institutions?2) What are the minimum regulatory requirements that the bank must comply with in the future for securities (ancillary) services?3. what is the minimum amount of sustainability-related information that the bank must publish in the future?II. strategy1) What opportunities and risks do you see for us with regard to the following aspects?a) Customer needs (existing and new customers)b) Productsc) Pricing policy2. what strategic implications would you recommend to us with regard to the aspects mentioned in above?III Organization and pricing model(1) What organizational and/or technical requirements are necessary, e.g. for the sustainability assessment of investment products (sustainability ratings, ESG indicators), or do you consider them to be reasonable from acost perspective?2)What process-related effects do you see on the bank’s advisory and investment process?3) What could a future-oriented pricing model look like for our sustainability-conscious customers? (Keywords: flat-rate pricing, individual pricing, tiered pricing model).IV ESG Related CostsIs it worth investing in ESG? What is the profit of current investments on ESG companies,what are the costs of implementing it?IV. Personnel and corporate management1) What could a training concept for employees look like?2. which key performance indicators would you use for sales controlling?Important Note: We are a group of three who are responsible to submit this entire report to bank by next week. I am responsible to write a report / ppt on “ESG related cost (Point IV) and future oriented pricing model (III. 3)” part from the above. So I would like to assign this task for this two points only.

Your understanding of the financial statement helps when computing financial metrics. For instance, when we calculate the return on assets, we know that we take the after-tax operating income from the income statement. We retrieve the average total assets from the balance sheet. Below, I am providing a brief balance sheet. Assets = Liabilities + Owner’s EquityASSETSCurrent Assets  Cash  Accounts Receivables  Inventory  Prepaid ExpensesLong-Term Assets  Land  Building  Machinery  EquipmentLIABILITIESCurrent Liabilities  Accounts Payable  Wages and Salaries Payable  Taxes Payable  Interest PayableLong-Term Liabilities  Notes Payable  Bonds PayableOWNERS’ EQUITYBeginning BalanceNet IncomeEnding BalanceHow is the information in the brief balance sheet related to what you already know?