ADJUSTMENTS ON WORK
M1
since sales are up 2017 to 2018 to 2019 and net income nearly flat in the 2 year period, but a big dip in 2018 with nearly same operating income, should mention why the drop from a flat operating income to a much lower net income 2017 to 2018. please update for inclusion in final paper. You missed the section on Financial Performance Cash flow. Update and resubmit by Wed night and i will regrade that section (only). Price to sales is 3.6x (similar P/E ratio and price to cash flow) not 3.6% (% means you multiply the result by 100 and add %). Also watch typos of ration vs ratio. Underlying performance should also mention liquidity (you do mention liquidity in later section, leverage, efficiency (like asset turnover though you mention that later). The leverage ratio carries onto the financial health capitalized. No additional points taken. Does company have the assets it needs to grow? Is it’s market share constant or growing? Does it seem that the company has enough cash and not excess debt such that it can borrow any needed additional cash? Does history show growth? Financial value also mention dividend yield. Please resubmit by Wed night with just answer about Financial Performance Cash flow (that can be just a separate document that you later incorporate into your final paper). Other changes please make for final paper.
M2
you need to tie some true business strategies and priorities to accounting and finance. What you gave were just general and could be any company. Is Nike more growth or cost oriented? (2) giving you proficient here but will not achieve exemplary as submitted. (3) risks of loss of talented designers? Risks related to endorsements? Risks related to production disruptions? Grade increased from 73.8/90 to 75/90. have a great weekend. See you next week. rick riddle Hi Levent, thanks for early submission. Because you submitted early, I am giving you a chance to update all questions. You answered the questions from a general perspective. Instead you need to redo them from the perspectives of the company you used for the first milestone, organization choice paper, and the ratio worksheet. This involves going back to the 10K, thinking about what you have learned from the company regarding sales and cost behavior and trends, number of locations, etc
M3
I was looking for 2 files, the word document, with tables, and the excel document that I could see your calculations. How did you come up with income tax? How did you arrive at your number for selling & admin expenses? You submitted an updated word document with more information, but it still does not show me your calculations. You wanted to do 5 columns (please update for your final paper) next 3 years normal case scenario, next year only best case and next year only, worst case (along with actuals for last 3 years). What would have helped you make better projections (last section)? Hello Levent, thanks for the early submission. I need to see spreadsheet that shows the most recent three years actual numbers, and how you arrived at your projections