Finance

1- Write about the significant impact of international financial developments due to covid-19 on Hertz company and Whiting Petroleum Corp, and then discuss, in some detail—preferably with some data or hard facts—what the event(s) was (were) and also what the impact was on the companies. 2- Write on a Greece and their government-debt crisis, not pertaining to the item in the next question, and then discuss, in some detail—preferably with some data or hard facts—what the event(s) was (were) and also what the impact was on the country you selected. 3- Discuss how international financial institutions can help win the fight against the most recent crisis, the COVID-19 pandemic, with specific details about actions already taken, or being actively contemplated, by at least one leading international financial institution and at least one leading central bank. What is your opinion, and why?

Produce a report from Betram, the financial vice president to the Ostrem’s outlining the process for determination of which projects should be accept.     In analyzing the projects, you should be doing the following: Compute the estimated Beta for VKF using the company and market returns and then compute cost of equity using CAPM. Note the appropriate return for market and risk free is the geometric mean not arithmetic mean. Compute the weighted average cost of capital for the firm given the current capital structure and after computing the relevant costs for after-tax long-term debt and equity.. Simply, without consideration for the life of the projects, calculate NPV, IRR, PI and MIRR for each project using the current cost of capital, note that the Ankeny proposal is riskier. Assume the reinvestment rate for MIRR is the weighted average cost of capital for the firm. Based on your computations in requirement number two, which projects should be accepted? Note: Projects 1245-A, 1245-B and 1245-C are mutually exclusive. Since Projects 1245-A, 1245-B and 1245-C are mutually exclusive and have unequal lives it is appropriate to use other techniques to evaluate the projects. Use the equivalent annuity approach and the replacement chain approach as better techniques for evaluating these three projects. Does this change your decision? Why? .

Income Statement Analysis: In this section, answer the following for the trend analysis: What is the total revenue, total costs of revenue and net income for each year? How have these numbers changed over the three years and what could be some reasons why these numbers have changed the way they have? In addition, pick at least one appropriate (for this statement) ratio or financial in addition to what is provided and calculate that and explain it.  See the section on ratio analysis below for ideas. (1 page ) •Balance Sheet Analysis: In this section, answer the following for the trend analysis: What are the total assets, liabilities and shareholder equity for each year? How have these numbers changed over the three years and what could be some reasons why these numbers have changed the way they have? In addition, pick at least one appropriate (for this statement) ratio or financial in addition to what is provided and calculate that and explain it.  See the section on ratio analysis below for ideas. (1 page) •Cash Flow Analysis: In this section, answer the following for the trend analysis: What are the total cash flows from operating, investing and financing activities as well as the change in cash and cash equivalents for each year? How have these numbers changed over the three years and what could be some reasons why these numbers have changed the way they have? In addition, pick at least one appropriate (for this statement) ratio or financial in addition to what is provided and calculate that and explain it.  See the section on ratio analysis below for ideas. (1 page) •Conclusion: In this section, answer the following: What are the most important things you have discovered in your analysis?  What are some conclusions you reached? What are the highlights of your paper? 1-page Ratio Analysis: In addition to the trend analysis above, it is customary to also analyze ratios.  Some commonly used ratios are •Beta: A measure of risk that is usually published and not calculated by you (A beta greater than 1 suggests that the company is more volatile/risky than the market) •Current ratio = Current Assets/Current Liabilities (A current ratio greater than 1 means the company has enough assets to cover all current liabilities should the need arise) •Quick ratio = (Current Assets – Inventory)/Current Liabilities (When you are dealing with a company that carries a lot of inventory, a quick ratio is a better indicator than a current ratio because it acknowledges that inventory is not typically liquid). •Profit Margin = Net Income/Sales (Represents how much of each dollar in sales remains after all costs are covered) •Return on Equity = Net income/Total equity (Represents the return for all holders of equity in that company) •EBIT Return on Assets = EBIT/Total assets (Represents the pre-tax return on the total net investment in the firm from operations or alternatively, how efficiently management has used assets) •Debt-equity ratio = Total debt/Total equity (Represents the long term solvency or financial leverage in that company)

Read the case titled DEMOCRACY AND FINANCES IN AN OPSEU LOCAL at pages 164 to 166 in the textbook. In the case there is a section titled WHAT DO LOCALS SPEND THEIR MONEY ON. Explain why you agree or disagree with spending on the types of items listed therein.

You have been hired as a consultant for Pristine Urban-Tech Zither, Inc. (PUTZ), manufacturers of fine zithers. The market for zithers is growing quickly. The company bought some land three years ago for $2.1 million in anticipation of using it as a toxic waste dump site but has recently hired another company to handle all toxic materials. Based on a recent appraisal, the company believes it could sell the land for $2.3 million on an after-tax basis. In four years, the land could be sold for $2.4 million after taxes. The company also hired a marketing firm to analyze the zither market, at a cost of $125,000. An excerpt from the marketing report as follows: The zither industry will have a rapid expansion in the next four years. With the brand name recognition that PUTZ brings to bear, we feel that the company will be able to sell 3,600, 4,300, 5,200, and 3,900 units each year for the next four years, respectively. Again, capitalizing on the name recognition of PUTZ, we feel that a premium price of $750 can be charged for each zither. Because zithers appear to be a fad, we feel at the end of the four-year period, sales should be discontinued. PUTZ believes that fixed costs for the project will be $415,000 per year, and variable costs are 15 percent of sales. The equipment necessary for production will cost $3.5 million and will be depreciated according to a three-year MACRS schedule. At the end of the project, the equipment can be scrapped for $350,000. Networking capital of $125,000 will be required immediately. PUTZ has a 38 percent tax rate, and the required return on the project is 13 percent. What is the NPV of the project? Provide your explanations and definitions in detail and be precise. Explain in your own words. Provide references for content when necessary. Support your statements with peer-reviewed in-text citation(s) and 5 reference(s). Abstract and conclusion required

write an introduction including the following Sky is a market leader in both entertainment and provision of direct consumer products in Europe. In 1989, the company first launched its free to air channel. In 2019, it had an annual turnover of 17.7 billion and was subject to a takeover from American based Comcast (Sky 2019). Sky employs over 29,000 employees in the U.K. where it has over 12.5 million subscribers and the budgeting problem ( the bonus budget is set at the start of the financial year by the finance team and given to the incentive team to manage. The budget for the sales department is 24% of the full-time employee’s salary. This is reviewed every quarter due to any overspend or underspend depending on sales. The issue that if there is any overspend the next quarter the agents are then impacted by the incentive scheme been reviewed and lowered. I also need you to look at weeks 11 and 12 and incorporate 1 or 2 concepts in the introduction. I would class the budgeting problem as ever-changing market conditions in the budgeting cycle and the impact it has on us as employees and a team. The introduction should include the element that is listed within file2 and also in file 2 in the comments from my tutor to improve my mark.

You are a CFO of an international company; it has 4 offices (around the world) and a headquarters- War broke out in the area of the office farthest from headquarters. What would be the activities or actions you would take and what taskings would you give the COO and CFO? (Minimum of 250 words, APA format, 3 academic references)

10 million dollars to invest( pretend) How will you invest it?  You can not invest more than 15% in any one country or business what or who you are investing and why?  charts/analysis/ why 

 What are some major opportunities for data-driven Fintech companies that focus on providing trading/investing related data services for retail traders or institutions in China? Your report will need to answer this question: Are stock trading signals/stock buy-sell recommendations research in large demand for normal people/retail traders, or trading firms in China? Please also research and find similar and successful start-ups (not companies that big like Bloomberg) data-driven Fintech companies serving traders/hedge funds/investment firms, etc. companies in the world. In the meantime, please list their products, how they price their products, as well as the most important factors to be a leader in this industry. The report will need solid numbers/evidence to back up the conclusions. It’s not necessarily very detailed oriented but at least need to provide general directions of opportunities for such Fintech companies

Part 1: Financial Acumen Keeping abreast of the financial measures and metrics employed by a company allows employees to better understand its health and position at any given time. Using Campbellsville University library link or other libraries and the Internet:1. Review at least three (3) articles on financial acuity. Summarize the articles in 400 – 600 words. Use APA formatting throughout including in-text citations and references. 2. Discuss the benefits of establishing solid financial acumen in a company? Discuss your personal experiences in a situation where financial acumen was either not supported as an organizational hallmark or, conversely, was built into the company’s culture. Part 2: Sarbanes-Oxley (SOX) Write a 200-word commentary on Sarbanes Oxley and the importance this act has for American businesses today. Your commentary should include the following: A. Rationale for SOX. B. Provisions of SOX. C. Enforcement of SOX