Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Corporate Finance Expert

Corporate Financial Management Assignment

Case - FORTUNE BRANDS

Scenario: It is early 2016. You are the Vice President of Planning and Analysis at Fortune Brands. Fortune Brands is a multi-billion dollar manufacturer of products for the home. You report to Mr. E. Lee Wyatt, Jr., Senior Vice President and Chief Financial Officer. Mr. Wyatt has requested that you compare 2015 financial results vs. 2014 financial results.

Required: Write a memorandum to Mr. Wyatt that addresses each of the following items. Please use business memorandum form. Proofread carefully.

  • Calculate each of the following ratios for both 2014 and 2015: current ratio, quick ratio (correct method), days sales outstanding, times interest earned, EBITDA / sales, return on common equity. Further breakdown the return on common equity by using the DuPont formula. Interpret the 1-year trend for each ratio going from 2014 to 2015.
  • Examine the 2015 Statement of Cash Flows. Is the 2015 cash flow "healthy?" Justify. [NOTE: Just look at 2015 numbers. Ignore 2014 and 2013!]
  • Based on the above analysis, state and discuss your overall assessment of Fortune Brands's performance of 2015 vs.2014.

Attachment:- Fortune Brands.rar

Corporate Finance, Finance

  • Category:- Corporate Finance
  • Reference No.:- M92182750

Have any Question?


Related Questions in Corporate Finance

Assignment - credit card liabilities and fraudwhen a credit

Assignment - Credit Card Liabilities and Fraud When a credit card is lost or stolen, it can be used until its owner reports it as missing. This loss of one's credit card can result in fraud and therefore, being aware of ...

Descriptionstudents are required to study undertake

Description: Students are required to study, undertake research, analyse and conduct academic work within the areas of corporate finance. The assignment should examine the main issues, including underlying theories, impl ...

Assignment - preparing and analyzing a cash budgetselect

Assignment - Preparing and analyzing a cash budget Select assumptions for the following values that fall between the minimum and maximum indicated. Assumption Minimum Maximum a. Sales in month 1 $150,000 $250,000 b. Incr ...

Financial modelling assignment -1 today is 1 january 2018

Financial Modelling Assignment - 1. Today is 1 January 2018. Jackson who is aged 80 has a portfolio which consists of three different types of financial instruments (henceforth referred to as instrument A, instrument B a ...

Principles of financial investment assignment - the market

Principles of Financial Investment Assignment - "The market can solve all of society's needs." Discuss the above statement with particular reference to the financial markets. Your essay should be approximately 2,000 word ...

Bank financial management assignment -the question - the

BANK FINANCIAL MANAGEMENT ASSIGNMENT - The Question - The Balance Sheet for Commercial Banking Company of Australia Limited (CBC) as at 28 February 2018 is shown below as Table 1. CBC is an Authorised Depository Institut ...

Descriptionstudents are required to study undertake

Description: Students are required to study, undertake research, analyse and conduct academic work within the areas of corporate finance. The assignment should examine the main issues, including underlying theories, impl ...

Assignment -task requirements you have been randomly

Assignment - Task requirements: You have been randomly assigned an Australian publicly listed company (refer to the separate excel spreadsheet provided to identify your company). Using the financial reports for your comp ...

Questions -1 this week we discuss capital budgeting methods

Questions - 1. This week we discuss capital budgeting methods and process. Could you apply the knowledge your learn this week to make better decisions in your personal life or professional duties? Please elaborate your a ...

Assignment -this assignment is designed to test students on

Assignment - This assignment is designed to test students on Topic (Investment Appraisal) and on Topic (Dividend Policy). For Question 1, students are expected to appraise the attractiveness and risk of a capital asset p ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As