Second-person approach

1. The _____ allows writers draw on information that they have gotten through observation, thinking, and reading.
First-person approach
Second-person approach
Third-person approach
All of these

2. The _____ uses pronouns such as their, them, and they.
First-person approach
Second-person approach
Third-person approach
All of these

3. If you back up your point with specific evidence, your writing will _____.
Have unity
Have support
Have coherence
Demonstrate sentence skills

4. If you organize and connect specific evidence, your writing will _____.
Have unity
Have support
Have coherence
Demonstrate sentence skills

Path-Goal Styles Questionnaire

Week 5 – Discussion 1

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

 

Path-Goal Styles

Based on your responses to the 13.2 Path-Goal Styles Questionnaire, identify your path-goal styles of leadership. Explain how your use of each path-goal style relates to other styles of leadership.

Guided Response: Review several of your peers’ posts and identify the leadership style that you can relate to. Respond to at least two of your peers and recommend path-goal styles of leadership to extend their thinking.  Challenge your peers by asking a question that may cause them to reevaluate their choice of path-goal leadership styles.

employees and 75 volunteers

Established in 1977, Krona Community Hospital is an acute care hospital located in the heart of Banconota County. With a staff of nearly 100 physicians and specialists, 400 employees and 75 volunteers, they offer a full range of healthcare services. They are accredited by the Joint Commission on Accreditation of Healthcare Organizations.

In March 2006, Nouveau Health, a private, not-for-profit health care chain, took over management of the 60-bed Krona Hospital. In May 2007, state officials began to discuss Nouveau’s proposal to build a new, replacement hospital in Banconota County. The new facility would have 74 acute care beds, four observation rooms, four surgical operating rooms, one c-section room, 24-hour emergency department, maternity center, intensive care unit and extensive support services, including physical therapy and cardiac rehabilitation. All patient rooms would be private.

You are a staff member in the Finance Department at Nouveau Health, whose sole responsibility is to advance the success of the organization through assisting in planning, forecasting, and finance management.

  • YourKey Assignment Draft to help you prepare for the presentation inPhase 5as follows:
  • Prepare next year’s financial plan and organizational budget, using at least three types of budgets. Address the possible issues surrounding next year’s forecasting.Make sure the budget reflects the following:
    • increase in revenue reimbursement
    • allocation for the proposed improvements
    • increase in nurses’ salaries

Please be sure to discuss the following areas:

  • Funding sources
  • Management structure
  • Relationships between departments
  • Budget cycle
  • Preferred budget type

the dropbox set up in Moodle

Coursework Assignment and Guidance

Assignment and date for submission

Students must deliver a hard copy to iPoint at Craiglockhart by the submission date.

Students must also upload an electronic version of their coursework, to the dropbox set up in Moodle (this will be available for two weeks before the hand-in date). This should not have your name anywhere on the document, but your matriculation number should appear on the first page of the coursework.

Please ensure both versions are identical as we may choose to mark either version.

Coursework Assignment

REQUIRED: Write a report critically assessing the capital structure and long-term financing decisions of a FTSE 100 listed company.

Look through the annual reports of some FTSE 100 companies, you can find a list of which companies are in the FTSE 100 on www.londonstockexchange.com

Find a company that has something interesting to discuss in relation to their capital structure or long-term financing. Look at several companies before making your choice. Your choice should be justified to show that you have given due consideration.

Include a summary of their current position and an assessment of the firm’s financing choices including an analysis of the strengths and weaknesses of their current position. Use evidence from the discussion section of the annual report as well as other sources such as credit rating agency statements or analyst reports.

Review the financial statements of the firm and the discussion section of their annual report as well as reviewing recent financing actions taken by the firm. You should also look for comment by financial analysts and rating agencies.

Relate your findings to theoretical underpinnings from academic literature e.g. theories of capital structure.

Guidance Notes for the Assignment

The coursework should be in report format and must be structured, with separate sections and, preferably, headings.

Your report should be 2200 – 2500 of your own words, not including tables or charts. The use of appendices should be kept to a minimum. The report should be word processed and you must keep a copy. Your report should have the feedback form (page 4 of this document) attached to the front and be stapled once in the top left hand corner. It should have no other plastic covers or clear sleeves.

State the word count at the end – this can be found on the ‘Tools’ tab on the menu bar in word. This word limit will require you to be selective in what you include. Marks are available for your own discussion and observations as well as for sections taken from books or websites, try to keep quotes to a minimum.

There are many texts which cover the theoretical aspects of this topic area. Your reference list should indicate that you have considered a number of these sources. Much of your source material may be more recent but you still must reference the newspaper, journal or website.

Any material that you quote or refer to in your work must be referenced fully giving details of its source, author etc. It is not sufficient merely to include a source in your reference list.

It is not acceptable to include large sections from such sources: the vast majority of the report should be in your own words.

Guide to Coursework Feedback Form

Presentation (5%)

A report should have an introduction, a clear and logical discussion and a conclusion. Paragraphs should not be too long or too short and the use of headings can make the layout clearer. The work should be spell checked before submission. The font should be Arial size 12.

Justification for choice of company (10%)

You should explain why the company you have chosen is a good choice based on its recent financing activities and/or its choice of capital structure or changes in the capital structure. The justification should explicitly relate to the items required to be discussed, not because you are familiar with the company or you have studied them in a prior assessment.

Reading and Research (20%)

Up to 20% of your marks are available for the depth and quality of reading & research and providing adequate references to source material. When quoting from text acknowledgement must be made e.g. “The Statement contains eight chapters dealing with key issues” (Arnold 2012, p.164).

Main body of report (45%)

This is the main body of your report. Make sure you answer the question asked.

You should not include lists of items or bullet points without explanation or discussion.

Marks in this section will be awarded for the organisation and structure of your material, the relevance of material and for coherence of your arguments (understandability / quality of discussion)

Conclusion (15%)

You must provide an overall conclusion to your piece of work. This should draw together the areas examined in the main body.

References (5%)

A reference list should be included. This should include all the texts and other sources of information that you have referenced while composing your report. Be careful when using out of date texts (e.g. pre-2000)

The ‘APA 6th’ style should be used (See Moodle for more information), e.g.

In the text “Arnold (2012) has suggested that…….”

And then in the reference list

Arnold (2012), Corporate Financial Management, 5th edition, Pearson Education.

Coursework Assessment Feedback

 

Date submitted: 3 Nov 2017

Matriculation No:

Date marked:

Module: Financial Management

ACC11118

Category

Fail

Weak

Satisfactory

Good

Very Good

Excellent

GRADE

F5-F2

F1-P1

P2

P3-P4

P5-D1

D2-D5

Presentation

(5%)

           

Justification for choice of company

(10%)

           

Evidence of reading/ research

(20%)

           

Main Body

(45%)

           

Conclusion

(15%)

           

References

(5%)

           

General comments on submission

Overall Grade

Graded by MB / FK /TB

Assessment Criteria for the Module Assignment

Below we give you a schedule, which is used as the basis for marking your assignment in Financial Management. This will help you to judge what you need to do to achieve any given grade range.

F2-F5 a poor assignment, the student has not answered the assignment properly. There may be a number of errors including insufficient explanation of the theory, and a limited ability to interpret the ideas to practical situations.

F1-P1 a weak assignment, the student shows partial understanding of the issues but possibly combined with errors and/or insufficient or unclear explanation of the key points. There is limited interpretation of the issues in relation to the real world.

P2 a satisfactory assignment, with most of the key points correctly stated, the student demonstrates an ability to interpret at least some of the issues and makes a reasonable attempt at explaining the theoretical concepts.

P3-P4 a good assignment with minimal errors. Demonstrates an understanding of the key issues and is thorough in its analysis of the issues and theoretical concepts. The student shows some evidence of critical and analytical ability.

P5-D1 a very good assignment which is well written and explained. It will demonstrate a clear understanding of the issues, using a high level of critical and analytical ability.

D2-D5 an excellent assignment, which is sophisticated in its approach while being correct in every particular detail. Extremely high level of critical ability is demonstrated with original thought being evident.

Note that in ALL categories above it is expected that you will provide a reference list (where applicable) of the material used in preparation of your assignment.

Penalties for late submission of coursework

All coursework both at first attempt and reassessment, submitted after the agreed deadline will be marked at a maximum of P1. Coursework submitted over 5 working days after the agreed extended deadline will be given F5.

Edinburgh Napier University

Assessment Brief Pro Forma

1. Module Number

ACC11118

2. Module Title

Financial Management

3. Module Leader

Matthew Bonnett

4. Tutor with responsibility for this Assessment

Student’s first point of contact

As above

5. Assessment

Report

6. Weighting

50% of module assessment.

7. Size and/or time limits for assessment

Where assignment length limits are imposed, the target length and maximum length should be included here.

2200 – 2500 words

Maximum length 2500 words

8. Deadline of submission

Your attention is drawn to the penalties for late submissions

3rd November 2017 at 1pm

9. Arrangements for submission

Hard Copy: iPoint, Craiglockhart Reception

Soft Copy: Turnitin dropbox on Moodle

You must keep your own copy of the assessment

10. Assessment Regulations

All assessments are subject to the University Regulations

None.

11. The requirements for the assessment

See attached

12. Special instructions

See attached

13. Return of work

Returned with typed feedback by module teaching team.

14. Assessment criteria

See attached

project for discount rates

Calculate the net present value of the following project for discount rates of 0, 50, and 100%: (Leave no cells blank – be certain to enter “0” wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.)

 

C0 C1 C2
−$7,376.25 +$4,740.00 +$20,025.00

 

Discount Rate NPV
0% $ [removed]
50% [removed]
100% [removed]

 

b. What is the IRR of the project?

 

  IRR [removed] %
Calculate the net present value of the following project for discount rates of 0, 50, and 100%: (Leave no cells blank – be certain to enter “0” wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.)

 

C0 C1 C2
−$7,376.25 +$4,740.00 +$20,025.00

 

Discount Rate NPV
0% $ [removed]
50% [removed]
100% [removed]

 

b. What is the IRR of the project?

 

  IRR [removed] %

Samantha and Michael

1. Directions: In each of the following sentences, the verbs are correctly underlined.
Hundreds of people were already lined up to buy concert tickets when we arrived.
True
False

2. Directions: In each of the following sentences, the verbs are correctly underlined.
Samantha and Michael planned ahead and followed a budget but still borrowed money for their wedding.
True
False

3. Directions: In each of the following sentences, the verbs are correctly underlined.
I must have eaten at least twenty pieces of sushi at the all-you-can-eat buffet.
True
False

4. Directions: In each of the following sentences, the verbs are correctly underlined.
As far as I know, my children have always been honest with me.
True
False

financial issues

Mary has been working for a university for almost 25 years and is now approaching retirement. She wants to address several financial issues before her retirement and has asked you to help her resolve the situations below. Her assignment to you is to provide a 4-5 page report, addressing each of the following issues separately. You are to show all your calculations and provide a detailed explanation for each issue.

Issue A:
For the last 19 years, Mary has been depositing $500 in her savings account , which has earned 5% per year, compounded annually and is expected to continue paying that amount. Mary will make one more $500 deposit one year from today. If Mary closes the account right after she makes the last deposit, how much will this account be worth at that time?

Issue B:
Mary has been working at the university for 25 years, with an excellent record of service. As a result, the board wants to reward her with a bonus to her retirement package. They are offering her $75,000 a year for 20 years, starting one year from her retirement date and each year for 19 years after that date. Mary would prefer a one-time payment the day after she retires. What would this amount be if the appropriate interest rate is 7%?

Issue C:
Mary’s replacement is unexpectedly hired away by another school, and Mary is asked to stay in her position for another three years. The board assumes the bonus should stay the same, but Mary knows the present value of her bonus will change. What would be the present value of her deferred annuity?

Issue D:

Mary wants to help pay for her granddaughter Beth’s education. She has decided to pay for half of the tuition costs at State University, which are now $11,000 per year. Tuition is expected to increase at a rate of 7% per year into the foreseeable future. Beth just had her 12th birthday. Beth plans to start college on her 18th birthday and finish in four years. Mary will make a deposit today and continue making deposits each year until Beth starts college. The account will earn 4% interest, compounded annually. How much must Mary’s deposits be each year in order to pay half of Beth’s tuition at the beginning of each school each year?

Assignment 2 Grading Criteria

Maximum Points
Calculated the compounded interest over 20 years and evaluated the value of the savings account upon closing. (CO 1)

32
Calculated the bonus payout over 20 years vs. a one time payout with interest and distinguished which bonus option would be better for the client. (CO 1)

32
Calculated the present value of the bonus and analyzed the difference in bonus for the client. (CO 2)

32
Analyzed the tuition costs for the client and determined what the future costs will be and determined how these funds can be accumulated over time. (CO 4)

60
Written Components: Organization, usage and mechanics, APA elements, style

44
Total:

200

maintenance of the new machine

The Cosmo K Manufacturing Group currently has sales of $1,400,000 per year. It is considering the addition of a new office machine, which will not result in any new sales but will save the company $105,500 before taxes per year over its 5-year useful life. The machine will cost $300,000 plus another $12,000 for installation. The new asset will be depreciated using a modified accelerated cost recovery system (MACRS) 5-year class life. It will be sold for $25,000 at the end of 5 years. Additional inventory of $11,000 will be required for parts and maintenance of the new machine. The company evaluates all projects at this risk level using an 11.99% required rate of return. The tax rate is expected to be 35% for the next decade.

Tasks:

Answer the following questions:

  • What is the total investment in the new machine at time = 0 (T = 0)?
  • What are the net cash flows in each of the 5 years of operation?
  • What are the terminal cash flows from the sale of the asset at the end of 5 years?
  • What is the NPV of the investment?
  • What is the IRR of the investment?
  • What is the payback period for the investment?
  • What is the profitability index for the investment?
  • According to the decision rules for the NPV and those for the IRR, is the project acceptable?
  • Is there a conflict between the two decision methods? If so, what would you use to make a recommendation?
  • What are the pros and cons of the NPV and the IRR? Explain your answers.

Submission Details:

  • Show the data used and the calculations for each question in a Microsoft Excel sheet and the analysis in a Microsoft Word document.

Interim Report of Findings

Part One: Statement of Cash Flows Analysis

You are given the following information for Barko Industries:

Barko Industries
Balance Sheet (Partial)
Year 3
Year 4
Cash
$70,000
$9,640
AR
70,000
85,000
Inventories
87,000
84,000
Accounts Payable
48,000
51,000

 

Barko Industries
Income Statement
For the Year Ending December 31, Year 4
Sales
$560,000
Operating Expenses
$420,000
Depreciation Expense
46,000
466,000
Income Before Taxes
$94,000
Income Tax Expense
$37,600
Net Income
$56,400

Other Data:

  • Barko Industries sold an asset and recorded a loss on the sale of $8.700. The sale price was $220,000 and the asset was originally purchased for $360,000.
  • Dividends paid in Year 4 were $22,460.

Required:

  1. Prepare a statement of cash flows for the year ending December 31, Year 4 using the indirect method.
  2. What conclusions could you arrive at regarding the cash position of the firm?
  3. What information was provided in the statement of cash flows that was not evident if just the balance sheet and the income statement were examined? How might that information affect management decisions?

Part Two:  Final Project Week 3: Investing and Financing Activities; Interim Report of Findings

Examine the statement of cash flows for the companies you selected in Week 1 for the most recent year. Address the following concerns:

  1. What are the two largest investing activities and financing activities for each firm?
  2. Compare and contrast the investing and financing activities of the two companies.
  3. Evaluate the investing and financing strategies of the two firms? Provide a rationale for your opinion as to the effectiveness of each of the strategies.

Required:

  1. Prepare a report that addresses the above questions.
  2. The report should also summarize your key findings for the two companies for Weeks 1 to 3 of the Final Project.