Log in
Finance
1
answer
0
watching
103
views

Review chapter 14 in The Complete Guide to Fundraising Management by Weinstein. Write a critical assessment of your organization's need for and capacity to conduct a successful capital campaign. Outline the key features and requirements of a capital campaign and the steps that should be taken by your organization in one to five years to launch such a program.

Watch
1
answer
0
watching
103
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Jarrod Robel
Jarrod RobelLv2
28 Sep 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related questions

Prepare a Project Proposal that includes the nature of the project, the sources of information you plan to use, and the most important concepts and techniques to be applied.

The outline topics should include the following:

A brief summary of the company you have chosen, such as business lines, and its industry;
Information sources (e.g. industry studies, market share reports, financial statements, etc.);

The analyses you will include in your study. This will likely require a summary review of the material in later sections of the course, such as competitor analysis;

If you have access to, and permission to use, internal company documents, please discuss so in the outline.

You are required to complete a course project that reveals mastery in application of the strategic managerial accounting and performance management concepts emphasised in the course. This involves reporting on a specific organisation within an industry, analysing the firm’s competitive position (e.g., market position, cost competitiveness, market power, innovation, SWOT, etc.), its managerial accounting approach, and the non-financial performance metrics should be used in monitoring firm performance, all aligned with value creation for the chosen firm.

This project should be a formal business report that covers all elements of the strategic management process: mission statement, strategic goals, strategic objectives, actionable plans (if available, analyse the specific budget planning process used by the Firm; if not, search for relevant articles for the subject company and recommend a process that you believe is appropriate for the company), and performance monitoring processes employed by the Firm, including its board of directors. These processes and strategies are to be supported with managerial accounting and performance management concepts.

In selecting a company to analyze, first focus on information availability. If you work for the company, ensure that you can obtain the information required to do a proper job on this assignment. If you choose a company you do not work for, begin your search among larger public companies with ample information available. Company websites are often the best place to begin, in particular the investor relations site. Look for annual reports, quarterly reports, press releases, white papers, and other sources of information (e.g., public filings, such as for the U.S. Securities & Exchange Commission at http://www.sec.gov./

Your tasks are to:

· Briefly describe the business of the Firm (i.e. industry segments, geographic service area, market position, and size as measured by revenues, employees, and market capitalisation). Describe the mission statement and strategic objectives of the Firm.
· Analyse the behaviour of expenses of the business, distinguishing between variable costs and fixed costs (or estimates thereof), describe the relationships between sales volume, costs, and profit. Estimate a break-even point for the Firm and support with relevant calculations and discussion.

· Discuss the level of the Firm’s operating leverage.

· Assess the budgeting process and procedures for the Firm, bearing in mind the context of the business and its characteristics. Identify methods employed for budgeting, managerial reporting, and control, and make recommendations for improvement. Justify your recommendations.

· Summarise the Firm’s performance over the past five years in terms of sales and earnings growth, return on equity, return for shareholders, and non-financial performance measures (e.g. market share, recognition, customer satisfaction).

· Analyse the fixed capital needs (i.e. capital expenditures) of the company, and discuss significant capital projects, how they fit with the strategic goals of the Firm. Evaluate risks associated with major capital projects and suggest risk mitigation strategies. Justify your suggestions.

· Briefly profile two or three key competitors and analyse the basis for competition (e.g., is it cost? Innovation? Capital intensity? Branding?). Compare the Firm with these key competitors on key performance metrics (e.g., revenue growth, profit margins, return on equity, financial leverage, receivables turnover, payables turnover, asset turnover, operating costs, market share, market share growth, etc.). Identify areas where the Firm may outperform or underperform the peer group, and suggest improvements for weaknesses.

· Design a Balanced Scorecard for the Firm.

This project should follow a structured approach and should be prepared and presented as a professional business report.

Trump Pump Company (FIN5303-01; Spring 2017)

Although you were hired as a financial analyst after completing your MBA, your first assignment at Trump Pump is with the firm’s marketing department. Part of the “Make Great Pumps Even Greater Again” campaign includes your boss lending you to the marketing department to help them develop some analytical procedures that the sales force can use to demonstrate the financial benefits of buying Trump Pump’s products. Trump pumps cost more because they use no parts from Mexico. To offset the price, each pump comes a coupon for a free tax credit on the next purchase from Trump Pump, a round of golf a Mar a Lago and a 14 ct. gold leaf “Trump” logo sticker for the front office door.

Trump Pump manufactures pump systems that are used in a wide variety of applications including water distribution, sewage treatment, petroleum refining, and pipeline transmission. The complete systems include sophisticated pumps, sensors, valves, and control units that continuously monitor the flow rate and the pressure along a line and automatically adjust the pump to meet pre-set pressure specifications. Most of Trump Pump’s systems are made up of standard components, and most complete systems are priced from $600,000 to $1,000,000. Because of the technical nature of the products, the majority of Trump Pump’s salespeople have a background in engineering, not finance and marketing.

As you think about this assignment, you quickly come to the conclusion that the best way to “sell” a system to a cost-conscious customer is to conduct a capital budgeting analysis to demonstrate the cost effectiveness of the system. Further, you conclude that the best way to begin is with an analysis for one of Trump Pump’s actual customers.

From discussions with the firm’s salespeople, you determine that a proposed sale to the Oklahoma City Water Department is perfect to use as an illustration. OKC Water is considering the purchase of one of Trump Pump’s standard water pump systems which costs $850,000, including delivery. It will cost OKC Water another $8,000 transportation and $40,000 to install the equipment. This expense (transportation and installation) will be added to the price of the equipment to determine the depreciable basis of the system. Also, the new pump will require an increase in working capital of $35,000. OKC Water will depreciate the pump system to zero using straight-line method for six years. They plan to sell the system at the end of nine years for $450,000. After the first year, OKC Water will be required to pay $11,000 per year for a service and maintenance contract with payments at the beginning of each year.

The system from Trump Pump would replace a pump that OKC Water is now using. That pump has been depreciated to a book value of zero but will be sold for $70,000 if the new system is purchased. OKC Water recently spent $70,000 just one year ago to upgrade their existing pump system. (OKC Water believes the $55, 000 for repairs should be a cost to the present evaluation because it did not increase the salvage value of their current pump.) By replacing the old pump, OKC Water should save $380,000 annually in pre-tax operating costs. OKC Water estimates that its cost of capital is 12% and its tax rate is 34%. If purchased, the new pump will be housed in a building owned by OKC Water and currently leased to a fishing guide service which pays OKC Pump $26,000 at the beginning of each year to use the building. Because of the noise, the fishing guide service will have to move out of the building.

After developing a capital budgeting analysis for the pump system, write a description of the analysis to be used by Trump Pump sales representatives to help sell the system to OKC Water. Remember that the analysis will be used to help non-finance sales representatives sell equipment to non-finance customers. The analysis must be understandable and clear. Show each step and calculation such that an intelligent person not trained in finance can understand. Also, include a spreadsheet that calculates your results (template included). Calculate Payback Period, Net Present Value, Internal Rate of Return, Profitability Index, and Modified Internal Rate of Return.

What is the project’s NPV? Could the NPV of this project be different for OKC Water than for some other company if both companies expect the same cash flows? Explain

What is the project’s IRR? Assuming the same cash flows, could the IRR for this project differ for OKC Water compared to another company? Explain.

Calculate the payback period. What are the disadvantages of the payback period? Does payback period provide any useful information regarding capital budgeting decisions?

Calculate the project’s MIRR. Why is MIRR considered to be superior to the IRR? How does MIRR differ from IRR?

Calculate the project’s Profitability Index.

Should OKC Water purchase the new pump system? Why?

Project 4 - Business Continuity Plan

Create a three page policy for business continuity for the White House security staff. Prepare a plan based on the critical nature of information that is presented within the executive department and military strategies that are reviewed for action. Address each item in the policy headings below:

The information to use as a resource for your policy is provided below (taken from SunGard Availability Services at www.sungardas.com, limited use for educational purposes) and also in your reading for the week (See Appendix 1 for policy information).

Plan purpose: for example, to allow company personnel to quickly and effectively restore critical business operations after a disruption.

Plan objective: for example, to identify the processes or steps involved in resuming normal business operations.

Plan scope: for example, the work locations or departments addressed.

Plan scenarios addressed: for example, loss of a primary work area, loss of IT services for a prolonged period of time, loss of workforce, etc.

Plan assumptions: for example, you may want to call out the number of work locations impacted at any given time that key personnel are available for any recovery efforts, or any assumptions you may have made about vendor or utility service availability.

PLAN SECTION:

Recovery Strategies and Activities

After the initial introductory section, there are usually a number of paragraphs about the strategies outlined in the plan, as well as the specific personnel undertaking the recovery and the recovery activities. Examples of sections that you may want to consider for your own BC/DR plan include:

Recovery Strategy Summary: In this section, a plan will typically outline the broad strategies to be followed in each of the scenarios identified in the plan Introduction section. As an example, if “loss of work area” is identified as a possible failure scenario, a potential recovery strategy could be to relocate to a previously agreed-upon or contracted alternate work location, such as a SunGard work area recovery center.

Recovery Tasks: This section of the plan will usually provide a list of the specific recovery activities and sub-activities that will be required to support each of the strategies outlined in the previous section. For example, if the strategy is to relocate to an alternate work location, the tasks necessary to support that relocation effort could include identifying any equipment needs, providing replacement equipment, re-issuing VPN tokens, declaration of disaster, and so on.

Recovery Personnel: Typically, a BC/DR plan will also identify the specific people involved in the business continuity efforts, for example, naming a team lead and an alternate team lead, as well as the team members associated with any recovery efforts. This section of the plan will also include their contact information, including work phone, cellphone, and email addresses. Obviously, because of any potential changes in personnel, the plan will need to be a “living” document that is updated as personnel/workforce changes are made.

Plan Timeline: Many plans also include a section in the main body that lays out the steps for activating a plan (usually in the form of a flow chart). For example, a typical plan timeline might start from the incident detection, then flow into the activation of the response team, the establishment of an incident command center, and notification of the recovery team, followed by a decision point around whether or not to declare a disaster. A plan timeline may also assign the recovery durations or recovery time objectives required by the business for each activity in the timeline.

Critical Vendors and their RTOs: In this section, a plan may also list the vendors critical to day-to-day operations and recovery strategies, as well as any required recovery time objectives that the vendors must meet in order for the plan to be successful.

Critical Equipment/Resource Requirements: A plan may also detail the quantity requirements for resources that must be in place within specified timeframes after plan activation. Examples of resources listed might include workstations, laptops (both with and without VPN access), phones, conference rooms, etc.

Weekly leaderboard

Home
Homework Help 3,900,000
Finance 370,000
Start filling in the gaps now
Log in