Brigham College Essays Samples For Students

Introduction

In financial management, the finance managers primarily make several kinds of decisions including investment decisions, financing decisions, routine decisions and dividend decisions. For this case, the paper focusses on dividend decisions. The paper shall evaluate the theoretical framework and empirical evidence that examines the relationship between the firm’s dividend policy and its market share price.
Quantitative business analytics refers to application of mathematics and statistics to solve business problem. From the definition, it means that one to define the business problem to solve first then apply the relevant techniques. In this case, the paper hopes to understand the ...

Analysis of Coca-Cola and PepsiCo

- Description of the companies

Coca-Cola is a beverage company that owns or licenses and markets non-alcoholic brands. The company started as a Coke brand in Atlanta back in the year 1886. The brand was started by Dr. John S. Pemberton, who was a pharmacist. Large scale bottling of the product commenced in 1899. Coca-Cola currently operates in more than 200 countries, with its daily sales averaging 1.9 billion beverage servings. The company distributes its products through its controlled and distribution stores. It offers a variety of non-alcoholic drinks including Coca-Cola, Diet Coke, Coco-Cola zero, Sprite, Fanta, water, juices and juice drinks, among ...

Net Present Value

The Net Present Value is used in estimating the potential value of every project by applying the discounted cash flow valuation that requires an estimation of the size and time of all cash flows that increases from the project (Ehrhardt & Brigham, 2016). However, NPV is affected greatly by the discounting rate. Therefore, making a selection on the proper rate that is sometimes known as the hurdle rate is essential during decision making. Moreover, this should make a reflection on the riskiness of the investment because it is typically measured by the unpredictability of cash flows. Therefore, it must take ...

Question 1: Olter’s Beta coefficient

Olter’s Beta can be determined using the Capital Asset Pricing Model. The required return on the average stock is the market return while the average return on Olter’s stock is Olter’s required rate of return.
Beta = (Expected return – Risk-free rate)/ (Market return – Risk free rate)
= (13-6)(13-6)
= 1.0

Question 2: Effect of Beta coefficient on stock price

Beta is a measure of risk and gives the variability of a stock’s return (price changes) in relation to the variability of the overall market. Since it represents the stock’s risk, Beta influences the prices of stocks. Under the Capital Asset Pricing Model, Beta is ...

A bond is a long-term debt instrument used by firms as well as governments to raise additional capital to finance their projects. A bond has a face value which must be repaid to the bondholder at the maturity of the bond. It also involves periodic payments of interest to the holder at a stated coupon rate. Interest on a bond is an annuity paid until the bond matures while the face value is a single payment at the maturity of the bond (Scott and Brigham 241). The value of a bond is therefore given by the following formula:

Where

B0 = current value of the bond (at ...

Part 1:

There are several benefits associated with higher education. In the competitive global era, it increases the chance of employability of an individual i.e. an individual having the advanced university degree will have higher chance of being employed. Pursuing a higher education, the student gets the opportunity to explore new horizons, which go undiscovered with an ordinary graduation degree. The degree also acts as an addition to the value of individual’s profile. The MBA (Master of Business Administration) from a recognized institution helps to qualify for better placement assistance. Additionally, it will elevate the individual’s level on the ladder of ...

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Introduction

The concept of corporate finance lies in time value of money and is often regarded as the foundation of the corporate strategy as well as the financial management. The concept of net present value is applied in a number of financial decisions and the time value of money is dependent on the same principle. Therefore, this paper will be focused on the importance of the time value of money based on the concept of net present value. This concept is clarified by using the example of bond valuation as mentioned in the question. However, this paper is ...

Question 1

Finance management is significant in the making of critical decisions such as investments, capital budgeting and dividend policy decisions. The finance manager uses the financial statements provided by the accountants to make decisions that may positively influence the performance of a corporation. Based on knowledge and information provided to the finance management, the finance manager can be able to select assets, which the firm can invest. Additionally, with the finance knowledge the, finance manager can be able to conduct capital budgeting effectively. Capital budgeting relates to selection of assets that will provide long term benefits to firm. In the selection ...

introduction
Time value of money is an important concept of finance and financial management. It has been said that the present consumption reveals more value than a future consumption and it is because of the fact that consumers have two options; either to consume it right away or forego it to avail it in future by investing the present amount (Houston, and Brigham, 2009).
This report defines and highlights the importance of time value of money and also discusses the importance of time value of money for the financial managers. The report also calculates present value of money ...

Investment Proposal for Cengage Learning, Inc.

Executive Summary

Purpose of the Paper
The main purpose of the paper is to prepare an effective investment appraisal for Cengage Learning by using various financial management tools.

Overview of the Paper

The paper comprises of following material that can be seen in the overall paper.
Investment appraisal techniques for introducing new product line
Selection of two most common techniques
Importance of techniques through literature
Testing of Feasibility of new project
Interpretation and conclusion on the analysis
Techniques Used
Results
It is found from the above two analysis that the project is viable for the company and has potential to provide high return ...

JPMorgan Chase & Co is a commercial and an investment banking institution based in the United States. It was formed in 2000 when Chase Manhattan Corporation merged with JPMorgan & Co. It is one of the oldest and well known banking institutions in the USA and leads in investment banking, commercial banking, small businesses and financial services for its customers (Weston, Mitchell, & Mulherin, 2013).
The company operations in the recent years is characterised by increased international activities and operation in its business. It is divided on business segments on a line of business. The parent company is the head office where ...

Financial planning is important for businesses today. By preparing the financial plan, an organization is able to determine what kind of objectives the firm would like to achieve. There are different aspects that are covered in a financial plan and some of the important aspects of financial planning include; estimating the profits that the firm would like to generate, the types of resources that would be required to accomplish these objectives, identify the changes in the business environment, analyzing the risk and return of investment, calculating the budget and costs that would be incurred, estimating sales from different departments or ...

- Ability to pay long-term debt
This section uses solvency ratios to assess the ability of Qantas to repay long-term obligations and compares it with that of Fly Emirates.

Debt to total assets ratios

The ratio shows the relationship between total debt and total assets (Graham & Smart, 2011, p. 44). In the year ended June 2014, Qantas had a debt to total assets ratio of 0.8345 implying that it financed 83.45% of its total assets using debt. The ratio increased from 70.85% in 2013 to 83.45% in 2014 indicating a decline in the company’s ability to pay its long-term obligations. The high debt ratio ...

The Huffington Post

Caroline Fairchild
Summary
In this article, Caroline Fairchild addresses the controversial issue of legalizing marijuana from the economic viewpoint. According to Fairchild, the legalization of marijuana is associated with more positives than negatives. According to the information provided by the article, the cost benefit analysis justifies the legalization of the drug for recreational purposes. The main players in the article include the federal government, the state government, the lawmakers, the consumers of marijuana and economic analysts. The article prominently cites the work done by Cato research, a renowned think tank in favor of the legalization efforts. Additionally, the ...

Introduction

Many people have fallen victims of cigarette smoking. Statistics have shown that it accounts for more than 400, 000 deaths per year in America, and nearly 100, 000 in the United Kingdom (West and Shiffman 18). As far as the global population is concerned, cigarette smoking accounts for the deaths of five million people per year. In the developed nations, cigarette-smoking accounts for 12-13% of life-years lost avoidably. Recent research has shown that a quarter of smokers who fail to stop the habit of cigarette smoking die an average of 20 years earlier than comparable non-smokers (Jiloha 41). This calls ...

In the inaugural address, Franklin Harris emphasizes the importance of providing education to all for the welfare of mankind. He promotes Brigham Young University as one where character is placed above learning, and aims at training students for leadership in various aspects of life. The purpose of the speech is to help people understand the importance of education, that too from a university like Brigham Young University.
All the rhetorical tools of ethos, logos and pathos have been used well in the speech, making it a very strong and persuasive one. Harris addresses to the community at large about how important ...

The evaluation of the company’s project or product can be carried out using Net Present Value (NPV) analysis. The NPV analysis involves forecasting of future cash flows that the business expects to generate from the new project or its product. The cash flows are discounted using an appropriate discount rate that is the cost of capital of the company. The cost of capital is the cost of funds acquired by the company from different sources including equity and debt. The sum of present value (discounted value) is deducted from the initial investment cost to determine the net present ...

Stock statistics are calculated to develop an understanding of the level of volatility and stock appreciation for companies operating in Business Software and Services industry (Thomsett, 2015; Murphy, 1991). The companies chosen for the analysis include Microsoft Corporation, Oracle Corporation, Alphabet Inc., Apple Inc., and HP Inc. Microsoft Corporation is analyzed and compared with its competitors to identify the situation in the read sense.

Ranking in terms of Risk

Identifying the value for Beta carries out the risk analysis. It shows the degree of volatility of the stock with the industry (Ehrhardt & Brigham, 2008; Vishwanath, 2007). The analysis helps to reveal/draw the following rankings ...

A market is efficient when the stock prices are dependent on all market available information on a given market or stock. When investors either institutional or individual investors invest money into the stock market, the major objective is to more returns on the investment put. The investors don’t just only focus on the profitability performance but also perform much better than the market itself. No investor has an upper hand in predicting the returns on the investment on the stock because it’s not possible to access the information that is not available on the market (Besley and ...

Introduction

MacJob is a loose term used to refer to the low paying as well as low prestige jobs that do not demand high skills and has little chance of career growth and advancement. Notably, the term was coined from the fast food giant MacDonald. As such, the term does not take into account the type of employer but the fact that the job is low paying and requires little-specialized skills. Owing to the emergence of technology, these types of jobs are highly growing and replacing the skilled labor across all the industries due to low costs involved in hiring ...

War and violence have been the one of the main cause of the downfall of many nations, states, empires, communities and other social institutions. There are numerous diversities in the way various groups of people look at certain situations and how their opponents look at the same issues. Several questions will be tackled such as how opposing interests lures to violence. Do individual perception and say the expectations of individuals lead to violence and war whenever they are misconceived? When does cognitive imbalance lure to war and how does it limit the growth of an economy as well as ...

Reasons for the severe decline in Chinese Stock market in 2015

Between June 2014 and June 2015, the CSI 300 Index rose by 150%, reaching the peak at 5,166.3 on 12th June 2015. What follows was a severe decline in the stock index. Within just one month, the CSI 300 index had lost 30% to 3,507 on July 8. Several factors caused the fall.

Short selling

In the run-up to the stock market decline, investors were aggressively involved in short selling and margin trading. Short-selling and margin trading allowed investors to purchase shares using borrowed money thereby increasing the demand for stocks. Investors engaged in short-selling sell stocks borrowed from ...

Leadership and Successful Entrepreneurship

In essence, operating a business requires the capacity to navigate through a wide array of potential risks. For organizations to survive there must be quick response and management of dynamisms of innovations and environments. Primarily, a leader refers to a person that people follow or one who organizes and directs people towards the achievement of common goals. Most leaders consider themselves as entrepreneurs irrespective of their contribution towards the foundation of the company.
Leaders in business are those individuals who are particularly successful in decision-making about the direction of the venture, and they have the necessary skills. The world ...

For RTWMTC, budgeting is important since it will allow the company to plan its expenditures. It will allow for a balance between the capital and recurrent expenditures. This will ensure that the company maintains growth in a balanced manner hence avoiding illiquidity or insolvency. The other reason is that the budget will allow this company to manage its financial information and also review it on a real time basis. This will be achieved by maintaining an automated budgeting system which will ensure that the company makes timely and right expenditure decisions (Besley & Brigham, 2008). Thirdly, it is a means of measuring performance. In ...

- Introduction
Nectar Sweets Plc is a company with the main shop in Hong Kong. It is experiencing cash flow problems and is seeking an increase in the overdraft facility from the bank. Statements of the company reveal that its operations are profitable, but it is not efficient in collecting debt. The report identifies and analyses the company’s problems and recommends possible solutions. In addition, it uses financial ratios to assess the performance of the firm.
- Problems facing the company
- Nectar Sweets Plc has a problem in collection of its accounts receivables. The company takes a ...

The Church of Latter-Day Saints-- sometimes called the “Mormon” church-- is an American sect of Christianity that became famous for its practice of plural marriage, or polygyny. Even today, certain sects of the Church of Latter-Day Saints (referred to hereafter as the LDS church or Mormon church) practice plural marriage, or, more specifically, polygyny: the plural marriage between one man and multiple wives (Land, Schippers). Before discussing the current Mormon policies on polygyny and plural marriage, however, it is important to understand the historical structure of polygyny in the Mormon church.
Mormonism, as a religion, is quite a young one; ...

Goals

This paper offers a resource curriculum guide and evaluation rubric for adult beginners at ELS Nashville Centre. This resource curriculum guide will promote successful learning of English at ELS Nashville Centre. The curriculum applies Nashville Standards for ELL (Adult English Language Learners). The ELL will be assessed on a weekly basis to ascertain their performance in English. This curriculum guide will be instrumental in achieving the following goals:
- The curriculum guide offers essential conversation skills such as correction of mistakes, interpretation information, confirmation numbers and seeking clarification.
- The curriculum guide will increase the learners’ understanding of the ...

Introduction

Many companies expand their operations through capital projects. Capital budgeting decisions are critical since capital projects involve a substantial outlay of financial resources. In addition, most of these projects are irreversible. It follows that a company must exercise due diligence in evaluating a proposed capital project before deciding to accept or refuse the proposal. Correct estimation of expected cash flows from the project is key to the sound evaluation of the viability of the project and hence an appropriate capital budgeting decision. This paper explores the costs and items included in the determination of cash flows expected from a project to manufacture golf ...

Personal finance

Learning is a continuous experience that starts at birth. Although formal learning takes place within learning institutions, much of human learning is a product of experiences from life. Like in other areas of professional development, financially planning is a product of both formal and informal learning experiences. In this respect, multiple experiences throughout my life have shaped my financial planning skills. My learning experience with respect to financial planning is traceable to my days in college. Being in learning institutions calls for self-discipline and control with regard to financial. This offered the first and extremely important lessons with regard to financial planning. ...

Introduction

In this report, we will discuss some of the concepts relating to bond valuation and will also compare the interest rate risk and reinvestment along with some of the measures to manage them. We are sure that by the end of this brief report, we will be having a good understanding relating to valuation of fixed income securities and risks associated with them.

Part A

Answer 1)
1.a)
Referring to the calculations in excel spreadsheet, we find that the present value of the bond is $852.73. In addition, since a 6.5% bond is trading at Yield to Maturity of 8%, it ...

When Keith Oliver, a consultant at Booz Allen Hamilton, used the term "supply chain management" it entered the public domain for the first time in 1982 (Brigham, 2014). Common and accepted definitions of supply chain management are managing the upstream and downstream flow of materials, finished goods or related information among supplier, manufacturer, reseller and final consumer is supply chain management. Another definition is “Supply chain management is the systematic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain, for the purposes of improving the ...

Analysis: Next Plc

Assignment 1:
Executive Summary:
The report makes a recommendation about the balanced scorecard of Next Plc. It makes this recommendation on the basis of mission, vision and strategic objectives of the company. The strategy map links the perspectives of the balanced scorecard with the strategic objectives of the company. It is by adopting the perspectives mentioned in the balanced scorecard, the company can achieve its strategic objectives.
The limitations of the balanced scorecard as a strategic management tool have also been identified and are largely dependent on an effective accounting system. Balance scorecard tends to put the interest ...

This study aimed to establish whether there existed differences in the way black and white children were treated (Atiba & Jackson, 2009). It aimed to establish whether black children were treated as inferior children compared to their white counterparts of the same age.
The study also purposed to establish whether the characteristics associated with childhood behaviors were observed in black boys. They were expected to show a mature character while they were still at young age as compared to their male counterparts who were believed that they were excused for a longer period to display childhood behavior (Frederickson, 2010).
It ...

Project 1 (Table 1 on page 462, n=1-4, r=16%)
Yr 1 $144,000 * 0.862069 = $124,138
Yr 2 $147,000 * 0.743163 = $109,245
Yr 3 $160,000 * 0.640658 = $102,505
Yr 4 $178,000 * 0.552291 = $98,308

PV of inflow of cash $434,196

Cost of Investment (400,000)
NPV $34,196
Project 2 (Table 1 on page 462, n=1-4, r=16%)
Yr 1 $204,000 * 0.862069 = $175,862
Yr 2 $199,000 * 0.743163 = $147,889
Yr 3 $114,000 * 0.640658 = $73,035
Yr 4 $112,000 * 0.552291 = $61,857

PV of inflow of cash $458,643

Cost of Investment (400,000)
NPV $ ...

In what ways is financial statement analysis useful? What are the limitations of financial statement analysis? What non-financial information should be considered as part of analyzing the potential for success of any organization?
Financial statements refer to the summary of the monetary data of any enterprise including the balance sheet, statement of retained earnings, the income statement, and the statement of cash flows. The basic purpose of preparing these statements is to conduct the financial statement analysis to be used by the management, labor, suppliers, buyers, the board of directors and even the government. Firstly, the analysis indicates ...

INTRODUCTION

Conch Republic Electronics is a medium sized electronic manufacturing organization. The company has been operating over the last 70 years and during this time period; it has expanded its product range. The company also manufactures Smartphone. The previously introduced Smartphone has been highly successful in the market and therefore the management is planning to decide whether to invest in the new Smartphone or not. For this purpose, this report uses different capital budgeting techniques to analyze whether the company should accept the project and start manufacturing new Smartphone or not. Different capital budgeting techniques have been applied such as payback ...

Under the direction of Minnick, Coca-Cola is rapidly shifting its focus from its traditional brands, venturing into new areas of consumer products. This will not only transform the organization’s marketing and innovative capacities but also allow the organization to appeal to a greater market by keeping up with consumer trends. With the advent of lifestyle diseases such as obesity, diabetes, hypertension, customers are currently shifting away from conventional beverages that consist of artificial sweeteners, flavor and are overall highly loaded with carbohydrates. In turn, customers are shifting towards healthy living, which entails the consumption of healthy drinks and foods. ...

Research Approach

The approach to this study will be inductive.
The data collected will endeavor to analyze the budgeting process, costing process, managerial accounting information systems (Balanced Scorecard), capital decisions and capital acquisitions used in Coca Cola Company.

Methodology: Research Strategies

The data collection process will involve a combination of both secondary and primary data.
The primary research will entail interviews and questionnaires given to the employees of Coca Cola Company using the survey method.
Secondary data for Coca Cola Company is available, and in this project, the data will be retrieved from Coca Cola’s notes, reports, minutes from meetings and ...

Discount Rate in Project Appraisal

Discount rate is a measure of risk and the cost of capital used to finance a project. There are various models, which have been designed, to determine the discount rate to use in appraising projects of multi-activity companies. The models include capital asset pricing model, arbitrage pricing theory, weighted average cost of capital and marginal cost of capital. These alternative ways of deciding on discount rates are discussed in this paper.

One of the approaches is the interaction between equity; asset and debt through information available can be utilized. In this case, a sector that has identical characteristics as the new project ...

Executive Summary
The current paper is devoted to studying of two financial valuation approaches and consists of two parts. The first part contains a description of Adjusted Present Value (APV) as valuation method and its advantages over other valuation methods. Computation of APV of the Top Plc Company was provided.
The second part of the paper is devoted to the description of Black-Scholes Model, its practical application and limitations on the example of House4You Company.

Introduction

There are many valuation methods in financial analysis. The first part of the paper is devoted to the description, analysis and application of ...