Case 6-3

Case 6-3. Ethics and professional conduct in business Mitchell Co. is experiencing a decrease in sales and operating income for the fiscal year ending December 31, 20Y1. Gene Lumpkin, controller of Mitchell Co., has suggested that all orders received before the end of the fiscal year be shipped by midnight, December 31, 20Y1, even if … Read more

Discussion 24 hours

Find the top-line revenue (sales) for TESLA for the last three years. Then, compare that information to its closest industry competitor. (For example, you would compare FedEx to UPS, not FedEx to Apple.) Which of the two companies is generating more revenue? What are the drivers for the revenue generation? What is their competitive advantage? … Read more

Week 2 Assignment 3: Financial Ratio Analysis

Ratio analysis provides another set of patterns to evaluate before deciding to buy or sell a company’s stock. Ratios reveal more than just the past performance; ratios reveal how effectively the company converts product sales into shareholder returns. Ratios provide a gauge for comparison across time and across the industry (competitors), while removing the impact … Read more

Principles of Finance

For this assignment, address the following seven parts in a Word document:Part 1: Overview of the company (one paragraph) State the name of the company. Provide a brief overview of the company you selected, including a description of its business operations. State the current market price per share. Part 2: Income statements (one to two … Read more

Closing Entries

It is the last day of the month and fiscal year, your manager asks you to create an invoice for $10,000 (debiting Accounts Receivable and Crediting Sales) and send it to a specified customer. Normally invoices are sent to customers when products have been shipped or the service has been finished. You manager tells you … Read more

Corporate Finance Report

Company: Nike Prepare a report on the following eight tasks, using its annual report for year 2021 (in comparison with year 2020) and any additional information that you can find publicly on Internet. 1. Explain briefly the company mission, business activities, corporate values and anything else that you find useful for understanding the context in … Read more

Financial Assignment

FSTI Holdings has 4 major investments in its portfolio, and you have been asked to determine their current market value. Its holdings are as follows 1. It purchased an annuity from Best Financial 5 years ago. At that time, it paid a lump-sum of $10 million, and in return, FSTI was promised a monthly payment … Read more

Innovative risk taking or hubris?

Innovation and risk-taking is part of a manager’s job. But sometimes hubris, which is excessive pride or overconfidence, might cause managers to make foolish mistakes. It is sometime difficult to distinguish between smart projects and foolish hubris-driven projects. Googles founders, Larry Page and Sergey Brin, invested in a number of so-called “moonshot” projects in a … Read more