What Is A Fund?

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What Is A Fund?

With regards to governmental accounting, write a paper that answers the following:

  • What is a fund and how is it used?
  • How does the balance of a fund represent the available spendable resources of the entity?
  • Why are there specialized funds in the different governmental units (e.g., debt service funds, special revenue funds, capital project funds)?
    • Describe 3 of these funds in detail, and give examples of how the funds are used.

Discussion Board – The Pink Tax

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Discussion Board

Watch the Facebook video on “The Pink Tax” in the supplementary resource folder and listen to the podcast here: https://www.npr.org/2019/08/15/751440592/the-gender-gap-series-the-problem-with-the-pink-tax. Let us know what you feel. There’s also a website: www.pink.tax for more on gender-based pricing to add to your understanding. Tie in your thoughts with what you learned about price discrimination in the past week. Is it fair? Is it smart marketing? Is this information changing the way you look at things at the store and will you shop differently now because of this? Use the discussion board to voice your informed opinion and be a part of the conversation on this important economic issue.
Remember: The Pink Tax is not a real tax issued by the government, it is an example of price discrimination based on one’s ‘gender’.

Discussion Board – The Pink Tax

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Discussion Board

Watch the Facebook video on “The Pink Tax” in the supplementary resource folder and listen to the podcast here: https://www.npr.org/2019/08/15/751440592/the-gender-gap-series-the-problem-with-the-pink-tax. Let us know what you feel. There’s also a website: www.pink.tax for more on gender-based pricing to add to your understanding. Tie in your thoughts with what you learned about price discrimination in the past week. Is it fair? Is it smart marketing? Is this information changing the way you look at things at the store and will you shop differently now because of this? Use the discussion board to voice your informed opinion and be a part of the conversation on this important economic issue.
Remember: The Pink Tax is not a real tax issued by the government, it is an example of price discrimination based on one’s ‘gender’.

Discussion Board – The Pink Tax

/0 Comments/in /by

Discussion Board

Watch the Facebook video on “The Pink Tax” in the supplementary resource folder and listen to the podcast here: https://www.npr.org/2019/08/15/751440592/the-gender-gap-series-the-problem-with-the-pink-tax. Let us know what you feel. There’s also a website: www.pink.tax for more on gender-based pricing to add to your understanding. Tie in your thoughts with what you learned about price discrimination in the past week. Is it fair? Is it smart marketing? Is this information changing the way you look at things at the store and will you shop differently now because of this? Use the discussion board to voice your informed opinion and be a part of the conversation on this important economic issue.
Remember: The Pink Tax is not a real tax issued by the government, it is an example of price discrimination based on one’s ‘gender’.

Team Strategic Audit

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Team Strategic Audit – Instructions Brief Overview #1 – A more detailed set of instructions will be given to the
class in week 2
Quality project papers are usually no shorter than 35 pages. This is TEAM project, thus it is only about
seven pages per student with charts/tables.

  • The company paper will be evaluated using the following criteria:

Content 40%; Correct use of analytical tools 30%; Documentation 20% ; Organization 10%

  • The company presentation will be evaluated using the following criteria: Content

40%; Delivery 20%; Knowledge 20%; Creativity 10%; Visual Aids 10%
Written Audit Analysis
In preparing a written case analysis, provide answers to the following answers:

  • Give a brief overview and explain the type of industry the company is operating.
  • Identify the firm’s existing vision, mission, overall objective, and strategies.
  • Evaluate the mission statements for the organization and its competitors according to the nine

mission statement components, and develop an “improved” mission statement for the organization.

  • Discuss any ethical issues that the company had dealt with in the past or is dealing with currently.

Did anything adverse come from it and what can they do to make amends?

  • Identify the organization’s external opportunities and threats.
  • Construct and explain a Competitive Profile Matrix (CPM). Include at least seven factors and two

competitors.

  • Construct and explain the External Factor Evaluation (EFE) Matrix.
  • Identify the organization’s internal strengths and weaknesses. Construct and explain the Internal

Factor Evaluation (IFE) Matrix.

  • Describe the financial condition. Develop and explain the financial analysis.
  • Prepare tables/charts and explain each factor of the following: Strengths-WeaknessesOpportunities-Threats (SWOT) Matrix, SPACE Matrix, BCG Matrix, IE Matrix, and Grand

Strategy Matrix

  • Utilizing the strategies developed from your matrices, construct a Quantitative Strategic Planning

Matrix (QSPM) (Most important analysis). Be specific in terms strategies. You should have at
least three strategies including one that states “keep current strategy”.

  • Present your recommendations for the company and include justification for these

recommendations. Compare and contrast your recommendations to actual strategies planned by
the company.

  • Conclusion

Team Strategic Audit

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Team Strategic Audit – Instructions Brief Overview #1 – A more detailed set of instructions will be given to the
class in week 2
Quality project papers are usually no shorter than 35 pages. This is TEAM project, thus it is only about
seven pages per student with charts/tables.

  • The company paper will be evaluated using the following criteria:

Content 40%; Correct use of analytical tools 30%; Documentation 20% ; Organization 10%

  • The company presentation will be evaluated using the following criteria: Content

40%; Delivery 20%; Knowledge 20%; Creativity 10%; Visual Aids 10%
Written Audit Analysis
In preparing a written case analysis, provide answers to the following answers:

  • Give a brief overview and explain the type of industry the company is operating.
  • Identify the firm’s existing vision, mission, overall objective, and strategies.
  • Evaluate the mission statements for the organization and its competitors according to the nine

mission statement components, and develop an “improved” mission statement for the organization.

  • Discuss any ethical issues that the company had dealt with in the past or is dealing with currently.

Did anything adverse come from it and what can they do to make amends?

  • Identify the organization’s external opportunities and threats.
  • Construct and explain a Competitive Profile Matrix (CPM). Include at least seven factors and two

competitors.

  • Construct and explain the External Factor Evaluation (EFE) Matrix.
  • Identify the organization’s internal strengths and weaknesses. Construct and explain the Internal

Factor Evaluation (IFE) Matrix.

  • Describe the financial condition. Develop and explain the financial analysis.
  • Prepare tables/charts and explain each factor of the following: Strengths-WeaknessesOpportunities-Threats (SWOT) Matrix, SPACE Matrix, BCG Matrix, IE Matrix, and Grand

Strategy Matrix

  • Utilizing the strategies developed from your matrices, construct a Quantitative Strategic Planning

Matrix (QSPM) (Most important analysis). Be specific in terms strategies. You should have at
least three strategies including one that states “keep current strategy”.

  • Present your recommendations for the company and include justification for these

recommendations. Compare and contrast your recommendations to actual strategies planned by
the company.

  • Conclusion

Business/Financing homework help

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Instructions:

  • Read the case below and answer all four questions at the end of the case.
  • Show all work when comparing alternatives and using calculated values.
  • Submit your answers on a Word (.doc), Excel (.xls), or PDF (.pdf) document

Acme Engineering is evaluating 10 projects for next year’s capital budget investments.  Their corporate MARR is set at 12% and all projects have a 10-year life:

Project Initial Cost
(thousands)		 Annual Benefit
(thousands)
1 $50 $10.3
2 $150 $32.2
3 $100 $17.7
4 $300 $48.8
5 $50 $11.9
6 $200 $38.3
7 $50 $10.0
8 $200 $36.9
9 $50 $11.5
10 $100 $22.3

 

  1. Calculate the IRR for every project
  2. If money is not a problem which projects should be approved?
  3. Rank order all the acceptable projects according to IRR
  4. If only $450,00 is available for the budget which projects should be approved?

Rubric
Capital Budgeting Case

Capital Budgeting Case
Criteria Ratings Pts
This criterion is linked to a Learning OutcomeCalculate IRR for all proyects
35.0 pts
Full Marks		 0.0 pts
No Marks
35.0 pts
This criterion is linked to a Learning OutcomeProjects to be Approved
35.0 pts
Full Marks		 0.0 pts
No Marks
35.0 pts
This criterion is linked to a Learning OutcomeRank Order According to IRR
35.0 pts
Full Marks		 0.0 pts
No Marks
35.0 pts
This criterion is linked to a Learning OutcomeProyects to be approved with $450,000 budget
35.0 pts
Full Marks		 0.0 pts
No Marks
35.0 pts
This criterion is linked to a Learning OutcomeProfessional Presentation
15.0 pts
Full Marks		 0.0 pts
No Marks
15.0 pts
Total Points: 155.0

 

Sustainability Accounting Standards Board (SASB)

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New Assignment 7
Write an 8 page paper (excluding Title/Reference pages) using APA 6th edition and discuss the following:

  • Summarize what the Sustainability Accounting Standards Board (SASB) is and what the possible financial implications of sustainability on investors could be, why it is important and how the SASB ensures investors are protected (1 page)
  • Find a publicly traded company that has filed a 10-K where sustainability related initiatives were discussed, summarize the company and the topics covered (1 page)Write a summary conclusion, bridging the gap between SASB, 10-K reporting, financial implications on cost and price, and the effect it has had on the industry and substitute industries
    • Integrate the possible financial implications for the topics they covered, these could stem from manufacturing and or marketing (price for value) related topics, be specific and substantiate your response with outside sources (2 pages)
    • Evaluate the industry your chosen company competes in and how the sustainability initiatives affect the general industry (competitive landscape), customers and substitute industries (a substitute industry could be a product that can be substituted for what your company produces, for example – cars, can be substituted with airlines, taxis etc) (3 pages)

I would expect a minimum of 5-6 outside sources. The paper will be graded on content (60%), APA (20%), flow (10%) mechanics (10%).

Sustainability Accounting Standards Board (SASB)

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New Assignment 7
Write an 8 page paper (excluding Title/Reference pages) using APA 6th edition and discuss the following:

  • Summarize what the Sustainability Accounting Standards Board (SASB) is and what the possible financial implications of sustainability on investors could be, why it is important and how the SASB ensures investors are protected (1 page)
  • Find a publicly traded company that has filed a 10-K where sustainability related initiatives were discussed, summarize the company and the topics covered (1 page)Write a summary conclusion, bridging the gap between SASB, 10-K reporting, financial implications on cost and price, and the effect it has had on the industry and substitute industries
    • Integrate the possible financial implications for the topics they covered, these could stem from manufacturing and or marketing (price for value) related topics, be specific and substantiate your response with outside sources (2 pages)
    • Evaluate the industry your chosen company competes in and how the sustainability initiatives affect the general industry (competitive landscape), customers and substitute industries (a substitute industry could be a product that can be substituted for what your company produces, for example – cars, can be substituted with airlines, taxis etc) (3 pages)

I would expect a minimum of 5-6 outside sources. The paper will be graded on content (60%), APA (20%), flow (10%) mechanics (10%).

Finance Accounting

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Finance Accounting

You are required to answer the following questions:
Question 1:    Answer the following questions as directed:  [Total 7.5 marks; 2.5 marks for each part]
(a)  Sam is planning to retire in 10 years, and buy a house in Byron Bay, Queensland. The house he is currently looking at is priced one million and is expected to grow in value each year at a 5% rate. Assuming that Sam can earn 10% annually on his investments, how much must he invest at the end of each of the next 10 years to be able to buy his dream home when he retires.
(b) ‘The financial director of the ABC company is emphasing the need to create and maximise wealth for the shareholders, while the financial director of the XYZ company believes that maximising profit of the company should be the priority’. Which company do you think adopts the correct strategy? Make a critical evaluation with examples.
(c)  You have just borrowed $10,000. You are required to repay equal amounts at the end of each of 7 years, with the first payment starting in four years’ time. Your interest rate is 8% per annum. How much will be the amount of each payment?
Question 2:   Answer the following questions as directed:  [Total 7.5 marks; 2.5 marks for each part]
(a)  Rowan has invented a new household device that would earn him $12,000 per annum for the next 10 years. Given an interest rate of 10% compounded annually, would Rowan be willing to sell his invention today for $100,000?
(b) Kate won a lottery that will make a payment $100,000 every year, starting today, for the next 10 years. If she invests the payments at a rate of 4.00% per year, what is the present value of the cash flows over the 10 year period? Interest for the 10 equal payments will be compounded at the end of each year.
(c) Property Trust Bank pays its clients 8% interest per annum, compounded on a semi-annual basis. To remain competitive, the bank’s major competitor, Mortgage Trust Bank is willing to match the interest rate offered by Property Trust Bank, but interest will be compounded on a quarterly basis. What nominal rate of interest must Mortgage Trust Bank offer to its clients?
Question 3:                  [Total 7.5 marks; 2.5 marks for each part]
You have had your offer of $1.2 million on a house accepted and have arranged with the bank for a 30 year mortgage equal to 90% of the sale price. The agreement calls for monthly repayments and the bank will charge a nominal annual interest rate of 6%.
(a) If the first payment is due one month after the loan is received, calculate the amount for the regular instalments.
(b) After the 60th payment the interest rate decreases to 5% p.a. Assume you have decided to maintain the monthly repayment. If you choose to pay out the mortgage after the 60th payment, what is the payout figure?
(c) If you choose not to pay out the mortgage after the 60th payment, how much longer will it take you to pay out the loan?
Question 4:                      [Total 7.5 marks; 2.5 marks for each part]
The following table provides the share return forecasts and associated probabilities for ABC Limited and XYZ Limited. Answer parts ‘a’ to ‘c’ using the information provided. Detailed worked solutions must be presented in your answers, including formulae used, progressive and final answers to the questions.
ABC Limited
XYZ Limited
Return (%)
Probability (%)
Return (%)
Probability (%)
16.0
50
18.0
30
12.0
30
10.0
20
10.0
20
8.0
50
(a) Calculate the expected return on each share.
(b) Calculate the variance and standard deviation for each share.
(c) Suppose a portfolio comprised of 60% investment in ABC Limited and 40% investment in XYZ Limited can be constructed. An analyst has estimated that the correlation coefficient of the two-asset portfolio is -0.30, calculate the return and standard deviation of this portfolio. Compare your answer with those reported in parts a. and b. and draw your conclusion.