What are the expected rates of reimbursement for this time frame for each payer? What is your expected A/R?

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Write a 3-4 page report that addresses the following requirements:

Assume that for the time in question you have 2000 cases in the proportions above. (what are the proportions of the total cases for each payer?)
The average Medicare rate for each case is $6200- use this as the baseline. Commercial insurances average 110% of Medicare, Medicaid averages 65% of Medicare, Liability insurers average 200% of Medicare and the others average 100% of Medicare rates. (what are the individual reimbursement rates for all 5 payers?)
  1. What are the expected rates of reimbursement for this time frame for each payer? What is your expected A/R?
  2. What rate should you charge for these services (assuming one charge rate for all payers)? (This gives you your total A/R.) Calculate the total charges for all cases based on this rate.
  3. What is the difference between the two A/R rates above? Can you collect it from the patient? What happens to the difference?
  4. Which of these costs are fixed? Which are variable? Direct or indirect?
    • materials/supplies (gowns, drapes, bedsheets)
    • Wages (nurses, technicians)
    • Utility, building, usage exp (lights, heat, technology)
    • Medications
    • Licensing of facility
    • Per diem staff
    • Insurances (malpractice, business etc.)
  5. Calculate the contribution margin for one case (in $) with the following costs for this period, per case: a. materials/supplies: $2270 b. Wages: $2000 c. Utility, building, usage exp: $1125 d. Insurances (malpractice, business etc.): $175
  6. Using the above information, determine which is fixed and which cost is variable. Then calculate the breakeven volume of cases in units for this period.
  7. Suppose you want to make $150,000 profit between this period and next period to fund an expansion to the NICU, how many cases would you have to see? At what payer mix would this be optimal?

Answers:

1. Commercial $6,820.00,
Medicare $6,200.00
Medicaid $4,030.00
Liability $12,400.00
Self-pay/Others $6200.00
Total A/R: $14,105,000.00
2. $12,400*125% = $15,500.00, $15,500*2000= $31,000,000
3. $16,895,000.00; You may not collect over R/C contracted fees if you are a Participating Provider. However you would be able to collect the difference on a self-pay patient. Differences for contractual payers would need to be a write-off
4. Fixed: Wages-salaried (nurses, technicians) , Licensing of facility, Insurances (malpractice, business etc.)
Variable: Utility, building, usage exp (lights, heat, technology), materials/supplies (gowns, drapes, bedsheets), Medications, Per diem staff;
Direct: Wages-salaried (nurses, technicians), materials/supplies (gowns, drapes, bedsheets), Medications, Per diem staff;
Indirect: Utility/building, Licensing of facility, Insurances
5. Contribution Margin = Sales—Variable Costs $14,105,000.00-($3395.00*2000)= $7,315,000.00; $7,315,000/2000= CM per case of $3657.50
6. Breakeven Volume = Fixed Costs / Contribution Margin per unit , $4,350,000/3657.50= 1189.3
7. Profit = (volume x contribution margin per unit) – fixed costs,
$150,000.00= $3657.50V – $4,350,000,
$4,500,000=$3657.50V
$4,500,000/$3657.50=V
1230.3=V
Volume required to generate $150,000 is 1230 units.

Describe what type of group/team this will be.

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Create a 350- to 700-word proposal of a team to present to your manager. Include the following:

  • Describe what type of group/team this will be.
  • Describe the goals of the group/team and how many team members will be needed.
  • Outline a plan for how this group/team will be effective, including the following:
  • A proposed leadership style
  • The characteristics that you are looking for in team members
  • The roles that each team member will take on
  • Methods for enhancing group cohesion
  • Strategies for managing conflict
  • Strategies for decision making and problem solving
  • A proposed team agenda for the first meeting.

Case Questions

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Case Questions

sample of citing:

Source:

Beatty, Jeffrey F, and Susan S. Samuelson. Business Law and the Legal     Environment. Mason, Ohio: South-Western Cengage Learning, 2010. Print.

Lance, an Internet hacker, stole 15,000 credit card numbers and sold them on the black market, making millions. Police caught Lance, and two legal actions followed, one civil and one criminal. Who will be responsible for bringing the civil case? What will be the outcome if the jury believes that Lance was responsible for identity thefts?

question: Who will be responsible for bringing the criminal case? What will be the outcome if the jury believes that Lance stole the numbers?

According to Silicon Border Development, LLC the Silicon Border aims to provide a comparable, and aspiringly better, alternative to Far Eastern high technology manufacturing hubs.

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According to Silicon Border Development, LLC the Silicon Border aims to provide a comparable, and aspiringly better, alternative to Far Eastern high technology manufacturing hubs.  Located in Mexicali, this large industrial park is being constructed on an abundancy of land with a great water source with inexpensive electricity proving to be a more cost effective and effective location for manufacturing and research.  Close to the Silicon Valley, California is offering many incentives on top of the organic benefits, to any manufacturing company around the world to relocate to the Silicone Border.  10-year corporate tax-free status, duty free trade agreements and partnerships with surrounding education and technology institutions for continued research d development make this an attractive place to be as a manufacturing company.  Western companies can use this new expansive industrial park to nearshore many facets of the manufacturing process.  Companies will still have the advantages of outsourcing and offshoring through the inexpensive electricity, abundant water supply, several industry experts in close proximity and similar time zones but don’t have to indulge the inconveniences of exorbitant shipping costs.

In my opinion the offshoring verses not offshoring debate will forever be an endless one as the stances will vary by individual and role in the economy/workplace.  Corporate management of a for profit business will obviously love it for the benefits of lower labor costs yet high-quality work and a global talent pool which all ultimately yields cost savings and higher profits.  The run of the mill white collar worker will oppose offshoring as it, by definition, means less jobs within the company.  Offshoring continues to retain its appeal while labor wages continually increase in the Western culture so although there are some drawbacks, offshoring will remain a part of global business.  Our text supports this theory by reminding us that offshoring is beneficial for both companies involved with the arrangement. There will always be concerns and accusations of unethical business practices when offshoring to countries that have differing cultural and business practices, but I don’t believe it will ever be enough of a deterrent to pass up next to free labor.

How to Play USER GUIDE

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How to Play USER GUIDE

Sunflower Nutraceuticals & the Nutraceutical Industry You are the CEO of Sunflower Nutraceuticals (SNC), a privately-held Miami, Florida based nutraceuticals distributor

Sunflower is essentially breaking-even with flat annual sales growth on total revenues of $10 million. The nutraceutical distribution business is working capital intensive and margins are generally thin.

◦ Sunflower Nutraceuticals started in 2006 as an Internet-based direct to consumer distributor and retailer of dietary supplements

◦ Product offering spans 100 SKUs from 50 third-party brands ◦ Experienced ambitious growth including expansion into new retail outlets and private label production

The nutraceutical industry is a relatively new sector with strong growth potential ◦ In 2010, the global nutraceuticals market was worth approximately $128.6 billion. ◦ The global market is forecasted to grow at a compound annual growth rate (CAGR) of 4.9% and reach

$180.1 billion by 2017.

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 2

How to Play 1. Prepare – Review the Prepare tab for an introduction to the company, How to Play, and

download the terminology primer.

2. Analyze reports – The financial statements report the company’s historical and current financial picture and how the financial condition of Sunflower Nutraceuticals has changed over time

3. Enter decisions – Click on the Decide tab to enter financing options (pending class settings) and investment decisions for the next phase. You can choose to invest in or reject any or all of the opportunities available to you in the 3-year phase. When you have finished entering your investment decisions, click the Submit Decision button to advance to the next phase.

4. Review – Look at the Synopsis page and your financial statements to see how each opportunity you selected impacted Sunflower Nutraceuticals’ performance.

Continue until you have completed all phases of the simulation.

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 3

Prepare This section gives information on your role, a company overview, and provides basic steps for How to Play.

The Terminology Primer PDF downloadable from the “How to Play” introduces key concepts relevant to the simulation.

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 4

ANALYZE: Dashboard Overview This page provides a visual summary of the current status of the simulation based on the most recent phase completed. The sim begins in Phase 1, with the Dashboard presenting historical data for years 2010-2012.

1. Equity Value and Total Firm Value 2. Annual Sales 3. Annual EBITDA 4. Annual Net Income 5. Annual Free Cash Flow 6. Cumulative Free Cash Flow 7. Cash Surplus/Shortfall 8. Total Value Created; and for each Phase 9. Incremental Credit Available 10. Total Value Created 11. Time Line – indicates

your progress through the simulation

1

4

3

2 5

6

7

8

9

11

10

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 5

ANALYZE: Balance Sheet The Balance Sheet depicts 3 years of data for the current phase of the simulation.

As you progress through the simulation, a toggle at the top will allow you to view historical data.

This screen includes three bar charts illustrating each phase’s

◦ Cash and Cash Equivalents values

◦ Total Current Assets

◦ Credit Line Availability

On this screen, like most others in the simulation, you can use Copy to Clipboard functionality to paste the data into a spreadsheet program of your choice for further analysis.

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 6

ANALYZE: Income Statement The Income Statement depicts 3 years of data for the current phase of the simulation.

As you progress through the simulation, a toggle at the top will allow you to view historical data.

This screen includes three line graphs illustrating each phase’s

◦ Sales

◦ EBITDA

◦ Net Income

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 7

ANALYZE: Cash Flow The Cash Flow Statement depicts 3 years of data for the current phase of the simulation.

As you progress through the simulation, a toggle at the top will allow you to view historical data.

This screen includes two bar charts illustrating each phase’s

◦ Cash Flow from Operations

◦ Ending Cash and Cash Equivalents

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 8

ANALYZE: Credit Line and Ratios The Credit Line and Ratios statement shows a table with financials for the company’s credit line statement depicting 3 years of data for the current phase of the simulation.

• As you progress through the simulation, a toggle at the top will allow you to view historical data.

• This screen includes a graphical illustration of the Cash Conversion Cycle that updates based on opportunities selected.

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 9

DECIDE: Financing Option If your instructor assigns the Financing Options Decisions, you’ll need to review a memo from Sunflower Nutraceuticals’ Board of Directors, evaluate the three financing options, and select the best financing option for your company.

NOTE: Depending on your class settings, you may not have this decision available to you.

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 10

DECIDE: Decisions This is where all Decisions are entered. Each opportunity includes a detailed description and initial assumptions. You must decide to accept or decline each opportunity.

COPYRIGHT © 2014 BY HARVARD BUSINESS SCHOOL PUBLISHING. 11

A green check indicates an opportunity has been selected.

Accepted Opportunities are listed.

Your selections will not be final until you click “Submit Decisions”.

Final Project Part I

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Final Project Part I

Part I Overview Business professionals typically need to demonstrate a core set of financial knowledge to earn the job and to succeed on a job. For this part of the assessment, you will be given a scenario in which you are asked to illustrate your financial management knowledge. This part of the final project addresses the following course outcomes:

 Analyze the roles and responsibilities of financial managers in confirming compliance with federal and shareholder requirements

 Differentiate between various financial markets and institutions by comparing and contrasting options when selecting appropriate private and corporate investments

Part I Prompt You have completed an internship in the finance division of a fast-growing information technology corporation. Your boss, the financial manager, is considering hiring you for a full-time job. He first wants to evaluate your financial knowledge and has provided you with a short examination. When composing your answers to this employment examination, ensure that they are cohesive and read like a short essay.

Your submission must address the following critical elements:

I. Analyze Roles and Responsibilities for Compliance A. Examine the types of decisions financial managers make. How are these decisions related to the primary objective of financial managers? B. Analyze the various ethical issues a financial manager could potentially face and how these could be handled. C. Compare and contrast the different federal safeguards that are in place to reduce financial reporting abuse. Why are these considered

appropriate safeguards? II. Investment Options

A. If a private company is “going public,” what does this mean, and how would the company do this? What are the advantages of doing this? Do you see any disadvantages? If so, what are they?

B. How do the largest U.S. stock markets differ? Out of those choices, which would be the smartest private investment option, in your opinion? Why?

C. Compare and contrast the various investment products that are available and the types of institutions that sell them.

Final Project Part I Rubric Guidelines for Submission: Ensure that your employment examination is submitted as one comprehensive and cohesive short essay. It should use double spacing, 12-point Times New Roman font, and one-inch margins. Citations should be formatted according to APA style. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions.

Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value

Roles and Responsibilities:

Examine

Meets “Proficient” criteria and includes examples in analysis

Comprehensively examines the types of decisions financial managers make, including how these decisions are related to their primary objective

Examines the types of decisions financial managers make, including how these decisions are related to their primary objective, but examination is not comprehensive

Does not examine the types of decisions financial managers make

15.83

Roles and Responsibilities:

Analyze

Meets “Proficient” criteria, and analysis indicates a clear understanding of ethical standards in finance

Comprehensively analyzes the various ethical issues a financial manager could potentially face and how these issues could be handled

Analyzes the various ethical issues a financial manager could potentially face and how these issues could be handled, but analysis is not comprehensive

Does not analyze the various ethical issues a financial manager could potentially face and how these issues could be handled

15.83

Roles and Responsibilities:

Compare and Contrast

Meets “Proficient” criteria, and analysis indicates a clear understanding of federal safeguards in finance

Accurately analyzes different federal safeguards that are in place to reduce financial reporting abuse, including why these safeguards are appropriate

Analyzes different federal safeguards that are in place to reduce financial reporting abuse, but analysis is inaccurate or cursory, or analysis of why these safeguards are appropriate is inaccurate or cursory

Does not analyze different federal safeguards

15.83

Investment: Private Company

Meets “Proficient” criteria and includes examples in analysis

Comprehensively compares and contrasts the advantages and disadvantages of a company “going public” versus staying private

Compares and contrasts the advantages and disadvantages of a company “going public” versus staying private, but analysis is not comprehensive

Does not compare and contrast the advantages and disadvantages of a company “going public” versus staying private

15.83

Investment: U.S. Stock Markets

Meets “Proficient” criteria and explains choice of smartest stock market to invest private money into

Comprehensively and accurately differentiates between the largest U.S. stock markets and indicates choice of smartest stock market to invest private money into

Differentiates between the largest U.S. stock markets, but analysis is inaccurate or cursory or is missing choice of smartest stock market to invest private money into

Does not differentiate between the largest U.S. stock markets

15.83

Investment: Compare and Contrast

Meets “Proficient” criteria and includes both foreign and domestic institutions

Comprehensively compares and contrasts the various investment products available and the types of institutions that sell them

Compares and contrasts the various investment products and the types of institutions that sell them, but analysis is not comprehensive

Does not compare and contrast the various investment products and the types of institutions that sell them

15.83

Articulation of Response

Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy to read format

Submission has no major errors related to citations, grammar, spelling, syntax, or organization

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas

5.02

Earned Total 100%

Final Project Part II

Part II Overview For this part of the final project, you will be given a scenario in which you are asked to illustrate your financial computation and analysis skills. This part of the assessment addresses the following course outcomes:

 Compute financial ratios, time value, variables, and returns using industry standard tools for optimizing financial success

 Analyze corporate financial data for multiple companies in evaluating past and future financial performances

Part II Prompt For this section of your employment exam, you will select two companies. The first company needs to come from your TDAU thinkorswim portfolio. The second needs to be a competitor of the first company from the same industry. You will be responsible for collecting, synthesizing, and making decisions regarding both companies. After evaluating these companies’ financial data, you will then decide which company’s stock is the better investment. This section of your employment examination must be submitted in two parts. Part A will contain the workbooks that house all of your quantitative data and formulas, along with any of the information that is relevant for your chosen companies. Part B will contain your answers to the questions asked below, composed in a cohesive manner. If you are referring to data that is found within the workbooks in Part A, be sure to include a citation—for example, “rate of return is 3.570 USD (E64, WB2),” where E64 is the cell that the calculation took place in and WB2 is designating “workbook 2.” This ensures that your instructor can quickly and accurately check data entry, formula use, and financial calculations. Your submission must address the following critical elements:

I. Preparing the Workbooks A. Download the annual income statements, balance sheets, and cash flow statements for the last three completed fiscal years for your chosen

companies. This information must be included in your final submission. B. Prepare a worksheet for each of the companies to display their financial data for the last three fiscal years. Ensure your data is accurate and

organized. Include these worksheets as a workbook in your final submission. C. Find historical stock prices for both companies and add this information to the respective spreadsheets. Consider the appropriate date range

you should use. II. Three-Year Returns

A. What is the three-year return on the stock price of the first company (Company A)? How is the stock performing? Ensure that you use the appropriate formula in your spreadsheets to calculate the three-year return on the given company’s stock price.

B. What is the three-year return on the stock price of the second company (Company B)? How is this stock performing? Ensure that you use the appropriate formula in your spreadsheets to calculate the three-year return on your chosen company’s stock price.

C. How do these two stocks compare in terms of three-year returns? What does this indicate about these two companies?

III. Financial Calculations A. Using the appropriate spreadsheets, which are to be included in the workbooks, calculate the price-to-earnings ratio for the last three fiscal

years of the given and your chosen companies. Be sure that you are entering and using the correct formula. B. Using the appropriate spreadsheets, which are to be included in the workbooks, calculate the debt-to-equity ratios for the last three fiscal years

of the given and your chosen companies. Be sure that you are entering and using the correct formula. C. Using the appropriate spreadsheets, which are to be included in the workbooks, calculate the return-on-equity ratios for the last three fiscal

years of the given and your chosen companies. Be sure that you are entering and using the correct formula. D. Using the appropriate spreadsheets, which are to be included in the workbooks, calculate the return on assets for the last three fiscal years of

the given and your chosen companies. Be sure that you are entering and using the correct formula. E. Using the appropriate spreadsheets, which are to be included in the workbooks, calculate the profit margins for the last three fiscal years of the

given and your chosen companies. Be sure that you are entering and using the correct formula. F. Using the appropriate spreadsheets, which are to be included in the workbooks, calculate the free cash flows for the last three fiscal years of the

given and your chosen companies. Be sure that you are entering and using the correct formula. IV. Industry Averages

A. Obtain current industry averages of three of the financial calculations above for both companies and add this information to your spreadsheet for comparison. Ensure the accuracy and organization of your data.

B. In this context, how is each company’s financial health? How do these two companies compare to one another? Consider the appropriate date range you should use.

V. Performance Over Time A. Analyze the performance of the Company A over time. What financial strengths and weaknesses does this company have? Consider addressing

the free cash flows and ratios you calculated earlier. B. Analyze the performance of your Company B over time. What financial strengths and weaknesses does this company have? Consider addressing

the free cash flows and ratios you calculated earlier. C. Analyze how the data differ between these two companies. Why do you think this is? Consider addressing the free cash flows and ratios you

calculated earlier. VI. Investment

A. Are the companies considered growth or value companies? Why? B. Which company’s stock is the better investment? Consider supporting your answer with data.

Final Project Part II Rubric Guidelines for Submission: This part of the final project will be submitted in two parts. Part A will contain the workbooks that house all of your quantitative data and formulas, along with any of the information that is relevant for your chosen company. Part B will contain your answers to the prompts, composed in a cohesive manner. Part B should use double spacing, 12-point Times New Roman font, and one-inch margins. Citations should be formatted according to APA style.

Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions.

Critical Elements Exemplary Proficient Needs Improvement Not Evident Value

Preparing: Download Downloads and includes annual income statements, balance sheets, and cash flow statements for the last three fiscal years for chosen companies (100%)

Downloads and includes annual income statements, balance sheets, and cash flow statements for chosen companies but is missing various components (55%)

Does not download and include annual income statements, balance sheets, and cash flow statements for the last three fiscal years for chosen companies (0%)

2

Preparing: Worksheet Prepares worksheet for chosen and given companies, displaying all financial data for the last three fiscal years in an accurate and organized manner (100%)

Prepares worksheet for chosen and given companies, displaying financial data for the last three fiscal years, but worksheets are unorganized, inaccurate, or incomplete (55%)

Does not prepare worksheets for both the chosen and given companies (0%)

2

Preparing: Stock Prices Adds historical stock prices for an appropriate date range for the chosen and given companies to their respective worksheets (100%)

Adds historical stock prices for the chosen and given companies, but data has been inaccurately entered or is not for an appropriate date range (55%)

Does not add historical stock prices for the given and chosen companies to their respective worksheets (0%)

2

Returns: Company A Meets “Proficient” criteria and logically explains reasoning behind indication of stock performance (100%)

Correctly calculates the three- year return on the stock price of the given company and accurately indicates how this stock is performing (85%)

Calculates the three-year return on the stock price of the given company, but calculation is incorrect or indication of how this stock is performing is inaccurate or missing (55%)

Does not calculate the three- year return on the stock price of the given company (0%)

5.63

Returns: Company B Meets “Proficient” criteria and logically explains reasoning behind indication of stock performance (100%)

Correctly calculates the three- year return on the stock price of the chosen company and accurately indicates how this stock is performing (85%)

Calculates the three-year return on the stock price of the chosen company, but calculation is incorrect or indication of how this stock is performing is inaccurate or missing (55%)

Does not calculate the three- year return on the stock price of the chosen company (0%)

5.63

Returns: Compare Meets “Proficient” criteria, and explanation demonstrates nuanced understanding of three-year returns and their implications (100%)

Compares the three-year returns of the given and chosen companies, explaining what this indicates about each company (85%)

Compares the three-year returns of the given and chosen companies, but explanation of what this indicates about each company is cursory or missing (55%)

Does not compare the three- year returns of the given and chosen companies (0%)

6.43

Calculations: Price-to- Earnings Ratios

Correctly calculates the price- to-earnings ratios for the last three fiscal years of the given and chosen companies (100%)

Calculates the price-to-earnings ratios of the given and chosen companies, but calculations are incorrect or do not consider the last three fiscal years (55%)

Does not calculate the price-to- earnings ratios of the given and chosen companies (0%)

5.63

Calculations: Debt-to- Equity Ratios

Correctly calculates the debt- to-equity ratios for the last three fiscal years of the given and chosen companies (100%)

Calculates the debt-to-equity ratios of the given and chosen companies, but calculations are incorrect or do not consider the last three fiscal years (55%)

Does not calculate the debt-to- equity ratios of the given and chosen companies (0%)

5.63

Calculations: Return- on-Equity Ratios

Correctly calculates the return- on-equity ratios for the last three fiscal years of the given and chosen companies (100%)

Calculates the return-on-equity ratios of the given and chosen companies, but calculations are incorrect or do not consider the last three fiscal years (55%)

Does not calculate the return- on-equity ratios of the given and chosen companies (0%)

5.63

Calculations: Return on Assets

Correctly calculates the return on assets for the last three fiscal years of the given and chosen companies (100%)

Calculates the return on assets of the given and chosen companies, but calculations are incorrect or do not consider the last three fiscal years (55%)

Does not calculate the return on assets ratios of the given and chosen companies (0%)

5.63

Calculations: Profit Margins

Correctly calculates the profit margins for the last three fiscal years of the given and chosen companies (100%)

Calculates the profit margins of the given and chosen companies, but calculations are incorrect or do not consider the last three fiscal years (55%)

Does not calculate the profit margins of the given and chosen companies (0%)

5.63

Calculations: Free Cash Flows

Correctly calculates the free cash flows for the last three fiscal years of the given and chosen companies (100%)

Calculates the free cash flows of the given and chosen companies, but calculations are incorrect or do not consider the last three fiscal years (55%)

Does not calculate the free cash flows of the given and chosen companies (0%)

5.63

Industry Averages: Industry Averages

Adds current industry averages for chosen and given companies to worksheet in an accurate and organized manner (100%)

Adds current industry averages for chosen and given companies to worksheets, but some data is inaccurate, unorganized, or missing (55%)

Does not add current industry averages for chosen and given companies to worksheets (0%)

2

Industry Averages: Financial Health

Meets “Proficient” criteria and includes current industry averages within an appropriate date range (100%)

Analyzes the given and chosen companies’ financial health by comparing the two companies’ current industry averages (85%)

Analyzes the given and chosen companies’ financial health by comparing the two companies’ industry averages but does not consider the current industry rates (55%)

Does not analyze the given and chosen companies’ financial health (0%)

6.43

Performance: Company A

Meets “Proficient” criteria and references free cash flow and ratios calculated for the given company in analysis (100%)

Comprehensively analyzes the strengths and weaknesses of the given company over time (85%)

Analyzes the strengths and weaknesses of the given company over time, but analysis is not comprehensive (55%)

Does not analyze the strengths and weaknesses of the given company over time (0%)

6.43

Performance: Company B

Meets “Proficient” criteria and references free cash flow and ratios calculated for the chosen company in analysis (100%)

Comprehensively analyzes the strengths and weaknesses of the chosen company over time (85%)

Analyzes the strengths and weaknesses of the chosen company over time, but analysis is not comprehensive (55%)

Does not analyze the strengths and weaknesses of the chosen company over time (0%)

6.43

Performance: Differ Meets “Proficient” criteria and references the companies’ free cash flows and ratios calculated in analysis (100%)

Accurately contrasts the performances of the given and chosen companies over time, including a logical, proposed explanation of these performances (85%)

Contrasts the performances of the given and chosen companies over time, but analysis is inaccurate or cursory, or the included explanation of these performances is illogical or cursory (55%)

Does not contrast the performances of the given and chosen companies over time (0%)

6.43

Investment: Growth or Value

Meets “Proficient” criteria and includes quantitative data to support analysis (100%)

Comprehensively analyzes whether the companies are considered growth or value companies, including a logical explanation of why (85%)

Analyzes whether the companies are considered growth or value companies, but analysis is not comprehensive, or the explanation included is illogical or cursory (55%)

Does not analyze whether the companies are considered growth or value companies (0%)

6.43

Investment: Stock Meets “Proficient” criteria and includes quantitative data to support analysis (100%)

Analyzes each company’s stock, including a logical explanation of personal preference of which stock to purchase (85%)

Analyzes each company’s stock, including an explanation of personal preference of stock options, but analysis or explanation is illogical or cursory (55%)

Does not analyze each company’s stock (0%)

6.43

Articulation of Response

Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy to read format (100%)

Submission has no major errors related to citations, grammar, spelling, syntax, or organization (85%)

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas (55%)

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas (0%)

1.95

Earned Total 100%

Final Project Part III

Part III Overview To make corporate finance decisions, take an advanced finance course, or pursue a career in finance, you will need to understand basic concepts. This includes going beyond the number crunching and reading graphs in order to analyze various financial indicators. This analysis can lead to many important decisions in your financial career. For this part of the final project, you will be given a scenario in which you are asked to illustrate your financial knowledge and analysis skills. This part of the assessment addresses the following course outcomes:

 Analyze the roles and responsibilities of financial managers in confirming compliance with federal and shareholder requirements

 Differentiate between various financial markets and institutions by comparing and contrasting options when selecting appropriate private and corporate investments

 Compute financial ratios, time value, variables, and returns using industry standard tools for optimizing financial success

 Analyze corporate financial data for multiple companies in evaluating past and future financial performances

Part III Prompt The results of both sections of your employment examination have finally been received, and you were offered the position. You have a few important decisions to make before you can formally accept or decline the position. When composing your answers to these decisions, ensure that they are cohesive and read like a short essay. Your submission must address the following critical elements:

I. School Versus Work A. The school you would like to attend costs $100,000. To help finance your education, you need to choose whether or not to sell your 1,000

shares of Apple stock, 1,000 EE Savings Bonds (with $100 denominations and 4.25% coupon rate) that are five years from their 30-year maturity date, or a combination of both. Provide the appropriate data and calculations that you would perform to make this decision.

B. What are the advantages and disadvantages of selling a combination of stocks and bonds? Be sure to support your answers. C. Suppose that you choose to sell your stocks, bonds, or a combination of both. What is your choice, and what is your financial reasoning behind

this choice? Consider supporting your answer with quantitative data. D. Suppose that you choose to accept the job. What is your financial reasoning behind this choice? Be sure to support your answer with

quantitative data.

II. Bonus Versus Stock A. The company has offered you a $5,000 bonus, which you may receive today, or 100 shares of the company’s stock, which has a current stock

price of $50 per share. Mathematically, what is the best choice? Why? B. What are the advantages and disadvantages of each option? Be sure to support your answers. C. What would you ultimately choose to do? What is your financial reasoning behind this choice? Consider supporting your answer with

quantitative data.

III. Compliance A. While investigating the shares offered to you by your potential boss, you discover that the company you are considering working for is not

registered as required under the Securities Act of 1933. How does this influence you as a potential employee and as a potential shareholder? Be sure to reference any applicable statutes or laws.

B. You know that accepting this job may eventually lead to a promotion into the role of the financial manager. As the potential financial manager, what federal and shareholder requirements would you need to be familiar with in order to ensure that you are being completely compliant?