Question 1
I need to do an financial analysis on PENN National Gaming using the following guidelines:"1.) A brief but concise introduction to the company including: - Corporate history - Industry - Primary Competitors - Primary Products and/or Services 2.) A financial analysis of the company using ratios relevant to your company and industry. (These ratios must be accompanied by commentary explaining their meaning and relevance.) Not every ratio will be relevant in your analysis. However, a minimum of 10 these ratios must be used. If necessary, you may discuss a ratio not listed here. - Liquidity Ratios (Current or Quick?not both) - Days Sales Outstanding - Fixed Asset Turnover Ratio - Total Asset Turnover Ratio - Debt Ratio - Times Interest Earned Ratio - EBITDA Ratio - Profit Margin on Sales Ratio - Basic Earning Power Ratio - Return on Total Assets Ratio - Return on Common Equity - Price/Earnings Ratio - Price/Cash Flow Ratio - Market/Book Ratio 3.) A benchmark comparison of your company against its primary competitor AND its industry using the 10 previously used ratios. Go to www.sec.gov/info/edgar/siccodes.htm for industry groupings. 4.) A listing and discussion of possible Real Options available to your company. All 4 must be used. If one is not applicable, then list the real option and justify why it is not applicable. - Investment Timing - Abandonment - Growth - Flexibility 5.) A discussion of how your company is affected by and dealing with fluctuations in the value of the U.S. Dollar. 6.) A discussion of how your company is affected by and dealing with the tight credit markets. 7.) A discussion of your company is affected by and dealing with the global rise in commodity prices. 8.) A discussion of a current event not listed here?how is the company affected by this issue and how are they dealing with it. (The Wall Street Journal, Business Week, The Economist, and the Financial Times are good sources.) Wikipedia.org & Investopedia.org CANNOT be used as sources. 9.) At the conclusion of your paper, you must include a buy/sell/neutral recommendation regarding your company?s stock. (Your recommendation is based on the results of your research on #1 through #9. Utilize the Capital Asset Pricing Model (CAPM) to determine if the company?s stock is underpriced, overpriced, or fairly priced Also include a screen shot of a graphic of the company?s stock price for the most current one-year period.) 10.) The writing style accounts for the final 10%. This paper must be written in APA style and on a level reflective of a professional MBA student. All financial figures MUST be listed or converted into U.S Dollars I have attached the info that I have started with, please help if you can!
Question 2
? Assignment 5: Capstone Due Week 10 and worth 400 points Select a publicly traded corporation for which you would like to work or are currently working. Research the corporation on its own Website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University's online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions. Write an eight to ten (8-10) page paper in which you: 1. Determine the impact of the company?s mission, vision, and primary stakeholders on its overall success. 2. Analyze the five (5) forces of competition to determine how they impact the company. 3. Create a SWOT analysis for the company to determine its major strengths, weaknesses, opportunities, and threats. 4. Based on the SWOT analysis, outline a strategy for the company to capitalize on its strengths and opportunities, and minimize its weaknesses and threats. 5. Discuss the various levels and types of strategies the firm may use to maximize its competitiveness and profitability. 6. Outline a communications plan the company could use to make the strategies you recommend above known to all stakeholders. 7. Select two (2) corporate governance mechanisms used by this corporation and evaluate how effective they are at controlling managerial actions. 8. Evaluate the effectiveness of leadership within this corporation and make at least one (1) recommendation for improvement. 9. Assess efforts by this corporation to be a responsible (ethical) corporate citizen and determine the impact these efforts (or lack thereof) have on the company?s bottom line. Provide specific examples to support your response. 10. Use at least five (5) quality references. Note: Wikipedia and other Websites do not quality as academic resources.
Question 3
"1. At the end of the year, the Long Life Bulb Company announced that it had produced a gross profit of $1,000,000. The company has also established that over the course of this year it has incurred $345,000 in operating expenses and $125,000 in interest expenses. The company is subject to a 30% tax rate and has declared $57,000 total preferred stock dividends. a. What factors must be considered in regards the dividend Life Bulb Company can pay to their common stockholders? b. Compute the increased retained earnings for 2009 if the company were to declare a $2.25 common stock dividend and the company has 100,000 shares of common stock outstanding. Prepare a statement of changes of stockholders? equity to reflect the activity specified in a) and b). 2. Darling Paper Container, Inc. has purchased several machines at a total cost of $300,000. The installation cost for this equipment was $25,000. The firm plans to depreciate the equipment using the MACRS 5-year normal recovery period. Prepare a depreciation schedule showing the depreciation expense for each year. 3.In a meeting with their financial advisor, Mr. and Mrs. Smith concluded that they would need $40,000 per year during the retirement years in order to live comfortably. They will retire ten years from now and expect a 20-year retirement period. How much should Mr. and Mrs. Smith deposit now in an account paying 9 percent to reach financial happiness during retirement? 4.A firm has had the indicated earnings per share over the last three years. Year EPS 2010 $3.00 2009 $2.00 2008 $1.00
Question 4
National Supply's shareholders' equity included the following accounts at December 31, 2010: Shareholders' Equity Common stock, 6 million shares at $1 par $ 6,000,000 Paid-in capital?excess of par 30,000,000 Retained earnings 86,500,000 Required: (1) National Supply reacquired shares of its common stock in two separate transactions and later sold shares. Prepare the entries for each of the transactions under each of two separate assumptions: the shares are (a) retired and (b) accounted for as treasury stock. (Enter your answers in dollars not in millions. Omit the "$" sign in your response.) February 15, 2011 Reacquired 300,000 shares at $8 per share. February 17, 2012 Reacquired 300,000 shares at $5.50 per share. November 9, 2013 Sold 200,000 shares at $7 per share (assume FIFO cost). General Journal Debit Credit Feb. 15, 2011 Retired Accounted for as treasury stock Feb. 17, 2012 Retired Accounted for as treasury stock Nov. 9, 2013 Retired Accounted for as treasury stock (2) Prepare the shareholders? equity section of National Supply?s balance sheet at December 31, 2013, assuming the shares are (a) retired and (b) accounted for as treasury stock. Net income was $14 million in 2011, $15 million in 2012, and $16 million in 2013. No dividends were paid during the three-year period. (Enter your answers in dollars not in millions. Leave no cells blank - be certain to enter "0" wherever required. Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.) Shareholders? Equity SHARES RETIRED TREASURY STOCK Paid-in capital: Common stock $ $ Paid-in capital ? excess of par Paid-in capital ? share repurchase Retained earnings Less: Treasury stock Total shareholders? equity $ $
Question 5
(Bank reconciliation and adjustment entries) The cash account of Aguilar Co. showed a ledger balance of $3,969.85 on June 30,2012.The bank statement as of that date showed a balance of $4,150. Upon comparing the statement with the cash records, the following facts were determined. (1) There were bank service charges for June of $25. (2) A bank memo stated that Bao Dai's note for $1,200 and interest of $36 had been collected on June 29, and the bank had made a charge of $5.50 on the collection. (No entry had been made on Aguilar's books for this transaction) (3) Receipts for June 30 for $3,390 were not deposited until July 2. (4) Checks outstanding on June 30 totaled $2,136.05. (5) The bank had charged the Aguilar Co's account for a customer's uncollectible check of $253.20 on June 29. (6) A customer's check for $90 had been entered as $60 in the cash receipts journal by Aguilar on June 15. (7) Check no. 742 in the amount of $491 had been entered in the cash journal as $419, and check no. 747 in the amount of $58.20 had been entered as $582. Required: (a) Prepare a bank reconciliation dated June 30, 2012. (b) Prepare any entries necessary to make the books correct and complete.
