Category: Finance

Acquisition proposal for Nvidia Corporation. (please research the companies earnings etc to show the calculations)
The purpose of this assignment is to provide students with an opportunity to think of how and when to apply the knowledge and skillset from this class.
– Imagine you are an executive of Apple Inc. and you are currently seeking a target company to acquire.
– The target company MUST be a publicly traded US company that is currently in business.
– The proposal must contain the following sections:
I. Executive Summary: Summary of the acquisition deal. You must include WHY Apple Inc. should acquire this company (provide market conditions and key figures here such as NPV, IRR, etc), HOW Apple Inc. may acquire the company (provide financing plans here), and a summary of the quality of the target company.
II. Valuation of the Target Company: Rationalize the amount of the expenditure to acquire the target. Use information before the M&A event. The aim is to calculate the fair market value.
III. Financial Details of the Acquisition: Pro forma financial statements of the acquisition project (refer to Chapters 9-11) and capital budgeting metrics (NPV, IRR, and MIRR). Use projected estimates after the M&A event. Feel free to make various assumptions but you must state them clearly. You may include the NPV scenario and/or sensitivity analysis in this section.
IV. Financing: Explain how you are going to raise capital for the amount explained in Section II. It cannot be cash only. The financing cost must be affordable by Apple Inc.

What
are motivations behind
environmental, social and governance (ESG)
disclosure reporting?
Required
Critically evaluate the literature on
Environmental, Social and Governance (ESG), by:
a)   
considering why companies chose
to disclose social, environmental and governance (ESG) information in their statutory
reporting.
b)   
discussing what factors contribute
to the difficulties in carrying out research in this area and its impact on
conclusions being drawn, such as different results over time, research methods
employed, industry-focus, country-based research, and different ESG elements
amongst other considerations.
c)   
analysing one factor in depth,
using examples from the literature.
You should support your arguments with evidence
from empirical papers as well as practical examples where appropriate. These sub-questions
should be given equal weighting in your analysis.

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 paragraphs)
Summarize key trends in revenues, operating income, and net income over the last 3 years.
Part 3: Common size income statements (one paragraph)
Evaluate the trends in gross margin, operating income margin, and net profit margin over the past 3 years.
Part 4: Balance sheets (one to two paragraphs)
Summarize key trends in total assets, total current assets, total current liabilities, long-term debt, and total shareholders’ equity over the past 3 years.
Part 5: Common size balance sheets (one paragraph)
Evaluate the trends in total current assets as a percent (%) of total assets, total current liabilities as a percent (%) of total assets, long-term debt as percent (%) of total assets, and total shareholders’ equity as a percent (%) of total assets over the past 3 years.
Part 6: Cash flow (one paragraph)
Calculate simple cash flow for the past 3 years.
Show your calculations.
Summarize the trend in simple cash flow for the past 3 years.
Compare the simple cash flow to the net operating cash flow from the statement of cash flows for the past 3 years.
Part 7: Financial analysis conclusion: (one paragraph)
Determine the strengths and weaknesses of the company based primarily on the trends in items discussed from the income statements, balance sheets, common size income statements, and common size balance sheets, as well as the comments on cash flow.
Create a table that indicates whether each financial fact is a strength or a weakness.
Determine the overall financial strength of the company based on the financial facts included as strengths or weaknesses.
Categorize the overall financial performance of the company as strong, neutral, or weak.
Justify your conclusion based on the table you created.

This assignment requires students to prepare a detailed business report based on a case study by applying financial concepts such as capital structure , capital budgeting and others
Please use financial formulas
Please use the amount of marks as an indication to how much working out you have to show

Please select six firms that are in the industry that you were assigned by Dr. Peters. You will need to provide me a copy the Value Line Pages for the firms that you are using for your analysis. Perform the following ratio analysis and provide me with a report of your findings. Data used must be from the last 3 months and must be the most current data from the Value Line Investment Survey as of February 29, 2024
Your Analysis
Perform the following research on the firms that you have selected:
1) Construct or collect the following ratios for the firms that are under your consideration.
a) Current Ratio
b) Quick Ratio
c) Inventory Turnover
d) Days Sales Outstanding
e) Debt Ratio
f) Fixed Asset Turnover Ratio g) Total Asset Turnover Ratio h) Earnings Per Share
1) TIE Ratio
j) Profit Margin on Sales
k) Basic Earning Power
l) Return on Total Assets
m) Return on Common Equity n) Price Earnings Ratio
o) Book Value Per Share
p) Market/Book Ratio
2) Compare these ratios between firms. Highlight in Green the firm that has the best ratio for any given metric. Does any one firm have better performance on average? Is there any substantial reason why that firm is performing strongly?
3) Report the Timeliness, Safety and Technical Ranking in your spreadsheet. Please comment on the general Value Line ranking of these 6 firms.
4) Select a firm that you would consider investing in based upon your analysis. Please give an 8-page write-up on the reason for your selection of this firm. What are your expectations regarding the price of this stock and it’s earnings for the next two years?
5) Submit you report and the Value Line Pages in a single document.

Question: What is the present value of $1,000 to be received 5 years from now if the discount rate is 6% per annum?

Below are some examples of starting points for possible term papers. Your paper should be between 5
and 7 pages, double-spaced. This should be content (not counting title page, references, etc.). You
should use at least three sources in your paper, one of which can come from the textbook, the other
two can come from a combination of reputable periodicals (i.e., Wall Street Journal, Barron’s, etc.)
and/or academic journal articles. You may select one of the three topics listed below, or you can write
shorter papers on all three topics as long as the requirements noted above are met. In total you need 5-
7 pages of content (for example, if you chose to write shorter papers on all three topics you would need
approximately 2 pages per topic (vs. 5-7 if you select only one). Please note, you may also select a
different topic if you have something that interests you. Please make sure to check with me prior to
starting the paper. 3. Paper Topic 3: Time Value of Money and Valuation (Chapters 5-10)
a. Introduction: Introduce the concepts of time value of money and valuation methods in
corporate finance.
b. Content Areas:
i. Explain the concept of time value of money, including present value, future
value, and compounding.
ii. Discuss valuation methods for bonds, stocks, and other financial instruments.
iii. Explore the principles of risk and return, including the Capital Asset Pricing
Model (CAPM).
c. Case Study: Choose a company or investment opportunity and demonstrate how the
time value of money and valuation methods are applied to make financial decision

Bank Project

(Evaluating Bank Structure, Conduct and Performance)
This project is an analysis of the structure,
performance and conduct of TWO commercial banks (Lloyds bank and Barclays bank –
UK) across FOUR consecutive years starting in year 2020 to 2023.
Measuring bank performance is a lot like measuring the
performance of a traditional company. A bank’s revenue is the return it makes
from investments, and this income comes from interest or asset appreciation on
investments, such as stocks or real estate. Banks must also consider the cost
of the funds used to make these investments. Profits are ultimately made from
the spread between the amount banks pay for the deposits and the amount they
receive from borrowers and investments. The most commonly used measure of
profit for a bank is referred to as net interest margin. However, banks are
also one of the most heavily regulated financial institution, which affect
their performance and growth.
Learning
Objectives
·      discuss the structure, performance and conduct of bank
in a regulated environment
·      present a procedure for analysing bank performance
using periodic balance sheet and
income
statement data
·      describe the components of financial statements,
provide a framework for comparing the trade-offs between profitability and
risk, and compare the performance of a bank with that of other banks
·      analyse bank stock prices to assess the impact of the
COVID-19 pandemic on the banking sector
·      how to use Bloomberg database
Instructions
1.         
Select two banks (Lloyds bank and Barclays bank – UK) and find key
information about them. The primary things you need to find include the banks’
official names, the country of incorporation (and thus their regulators), and
the stock exchanges their shares are traded on. Bloomberg can help you answer
all of these questions.
2.         
Access the
banks’ annual reports, which are available in Bloomberg. Read the reports, paying
particular attention to the banks’ assets, liabilities, and profits. Look at
the performance of the banks’ share prices, as they often are good indicators
of how well the banks are doing. 
Use financial ratio analysis. The return on assets
(RoA) and return to equity (RoE) are most commonly used for its simplicity and
provides a snapshot measure of the risk and performance. It mainly captures the
banks’ ability to make returns from its services including net interest income.
This data is easily accessible in the bank’s audited balance sheet and income
statement and very likely will have been already calculated. An industry
comparison can guide you as to whether the figure is above par and hence the
bank’s overall performance is superior. 

3.         
Look at the
financial statements: the balance sheet, the income statement and the cash flow
statement. Pay special attention to the customers’ deposits, as they are a good
indicator of how the bank is performing. The liabilities compared with the
assets also provide great insight into the extent of risk the bank has
undertaken. 

4.         
Do a cross
sectional analysis by comparing the financial statements of your assigned banks
(if possible of similar market share size operating within the same economy).
You can access the accounts in Bloomberg; copy and paste them on your Excel
spreadsheet and match the items into different columns such as customer
deposits, interest rate charged and interest earned. This will give you a clear
indication of how your assigned banks are performing.
5.         
Summarise and
make conclusions about your banks’ performance. Put together pieces of
information you have gathered about the banks’ growth in assets, liabilities,
share prices and profits, and compare this information with the financial press
and business news agencies articles you found, and determine if this
information confirms or denies the claims published from the banks’ own
corporate reports. 
Desirable features for banks’ performance measures
should encompass more aspects of the performance than just profitability
embedded in a pure market-oriented indicator such as RoE and RoA. In particular, it may be useful to take account of the
quality of assets, and quality of banks’ capital to assess the banks’ earnings,
the funding capacity and the risk associated with the output. In that context, a good performance measurement
framework should incorporate more forward-looking indicators and be less prone
to manipulation from the markets.
6.         
For businesses,
the toughest leadership test of the COVID-19 pandemic is how to sustain a business in an environment where
economies are still reeling from fall down of the pandemic. How did your two
banks navigate the COVID-19 difficult environment and remains sustainable? What
business strategies should your banks adopt to remain competitive and
profitable moving forward? 

7.         
Be sure to
include only critical and relevant ratios, figures, charts, and tables in
supporting your discussions
Calculating a series of financial ratios without explaining the relevance of the ratios to your
assigned banks’ conduct, structure, performance, risks, investments, etc. will
not add value to your overall report and grade. In fact they will hurt your
overall assessment. You should focus on interpreting the financial ratios
rather than just on the calculations.
The appendices should include relevant backup
information such as relevant financial tables if 
appropriate, a
table showing the sequence of events if appropriate, any key articles, etc. 

The case should conclude with a condensed summary of
any major insights gained or lessons 
learned from the analysis. For example, how do you
incorporate risk elements (credit, market, and liquidity) into the assessment
of the banks’ performance during
Covid-19 pandemic? How do you
incorporate revenues and risks (market, liquidity, and operational) related to
off- balance sheet activities (i.e. asset management,
derivatives/securitisation, structuring, etc.) into the assessment of banks’
performance?

instructions provided in files. This assignment consists of reading, research and answering
three questions. 

see attachments for instructions
selected company: Apple Inc
required sources
https://www-mergentonline-com.ezproxy.snhu.edu/basicsearch.php
https://www-mergentintellect-com.ezproxy.snhu.edu/index.php/search/index