4. Briefly describe the 10 requirements for effective financialplanning and policymaking. Approximately 1 paragraph (reference/source material- Chapter 13 textbook). Reference/ Textbook: |Essentials of Health Care Finance | Edition: 7
citation APA style.
Thank you so much
Kind regards
4. Briefly describe the 10 requirements for effective financialplanning and policymaking. Approximately 1 paragraph (reference/source material- Chapter 13 textbook). Reference/ Textbook: |Essentials of Health Care Finance | Edition: 7
citation APA style.
Thank you so much
Kind regards
Related questions
Financial Statement Analysis ProjectâA Comparative Analysis ofOracle Corporation and Microsoft Corporation
Here is the link for the financial statements for OracleCorporation for the fiscal year ending 2011. First, select 2011using the drop-down arrow labeled Year on the right-hand side ofthe page, and then select Annual Reports using the drop-down arrowlabeled Filing Type on the left-hand side of the page.
You should select the 10k dated 6/28/2011 and choose to downloadin PDF, Word, or Excel format.
http://www.oracle.com/us/corporate/investor-relations/sec/index.html
Here is the link for the financial statements for MicrosoftCorporation for the fiscal year ending 2011. You need to press theword Go on the left-hand side of the page. Then you shouldselect the 10k dated 7/28/2011 and choose to download in Word orExcel format.
http://www.microsoft.com/investor/SEC/default.aspx?year=2011&filing=annual
A sample project template is available for download in DocSharing. The sample project compares the ratio performance ofTootsie Roll and Hershey using the 2012 financial statements ofTootsie Roll and Hershey provided at their websites.
Description | |
This course contains a Course Project. You will be required tosubmit one draft of the project at the end of Week 5 and the final,completed project at the end of Week 7. Using the financialstatements for Oracle Corporation and Microsoft Corporation,respectively, you will calculate and compare the financial ratioslisted further down this document for the fiscal year ending 2011and prepare your comments about the two companiesâ performancebased on your ratio calculations. The entire project will be gradedby the instructor at the end of the final submission in Week 7, andone grade will be assigned for the entire project.
Overall Requirements | |
For the Final Submission
Your final Excel workbook submission should contain thefollowing items. You cannot use any software but Excel to completethis project.
A completed worksheet title page tab, which is really acoversheet with your name, the course, the date, your instructorâsname, and the title for the project.
A completed worksheet profiles tab that contains a one-paragraphdescription regarding each company with information about theirhistories, what products they sell, where they are located, and soon.
All 16 ratios for each company, with the supporting calculationsand commentary on your worksheet ratio tab. Supporting calculationsmust be shown either as a formula or as text typed into a differentcell. The ratios are listed further down this document. Yourcomments for each ratio should include more than just a definitionof the ratio. You should focus on interpreting each ratio numberfor each company and support your comments with the numbers foundin the ratios.
The Summary and Conclusions worksheet tab is an overallcomparison of how each company compares in terms of the majorcategory of ratios described in Chapter 13 of your textbook. A niceway to conclude is to state which company you think is the betterinvestment and why.
The Bibliography worksheet tab must contain at least yourtextbook as a reference. Any other information you use to profilethe companies should also be cited as a reference.
Required Ratios for Final ProjectSubmission
Earnings per Share of Common Stock
Current Ratio
Gross Profit Margin
Rate of Return on Sales (Net Profit Margin)
Inventory Turnover
Daysâ Inventory Outstanding (DIO)
Accounts Receivable Turnover
Daysâ Sales Outstanding (DSO)
Asset Turnover
Rate of Return on Total Assets (ROA)
Debt Ratio
Times Interest Earned Ratio
Dividend Yield (For the purposes of this ratio, useYahoo Finance to look up current dividend yield and stock price;just note the date that you looked up thisinformation.)
Rate of Return on Common Stockholdersâ Equity (ROE)
Free Cash Flow
Price/Earnings Ratio (Multiple) (For the purpose of thisratio, for Oracle, use the market price per share on May 30, 2011and for Microsoft, use the market price per share on June 30,2011.)
The Excel files uploaded inthe Dropboxes should not include any unnecessary numbers orinformation (such as previous years' ratios, ratios that were notspecifically asked for in the project, etc.).
Here are some of theMicrosoft Ratios â (first 12) to ensure you are on the righttrack.
1. EPS â $2.73
2. Current ratio â 2.6
3. Gross profit rate â 77.7%
4. Profit margin ratio â 33.1%
5. Inventory turnover â 14.8
6. Day in inventory â 25 days
7. Receivable turnover â 5.0
8. Average Collection Period â 73 days
9. Asset Turnover Ratio â 0.72
10. Return on Assets Ratio â23.8%
11. Debt to Total AssetsRatio â 47.5%
12. Times Interest Earned â96.2
Thank you.
