Reference no: EM133200811

Question 1

PART A: 

If you were planning to invest in a company, which of the three types of Financial Statements would you want most to see? Why? Explain your answer.

PART B: 

Clouston Cannabis Corporation (CCC) reports the following data in its December 31, 2021 Financial Statements (F/S):

Sales = $225,000                         Current Assets = $50,000

Long-Term Assets = $130,000        Current Liabilities = $33,000       

Long-Term Liabilities = $52,000      Net Income = $11,250

1. Compute Owner's Equity_____________________________
2. Compute the Current Ratio___________________________
3. Complete Debt-to-Equity Ratio________________________
4. Complete Return on Sales____________________________
5. Complete Return on Owner's Equity____________________
6. Pick two of these ratios and discuss how this company is doing relative to the ratio.

PART C:

What are the advantages and disadvantages, to a business, of taking on additional leverage?        Name two of each.

Question 2

PART A: 

Use the Accounting Equation to determine "your Net Worth today". That is, identify your Assets and Liabilities.       If necessary, be creative.

PART B:

Draft out a Balance Sheet (B/S) for a student "as they envision" in 30 years' time.  In other words, describe in the form of a B/S the student's financial position at age fifty.

the student has a university Business degree, followed by a successful career in the  Financial Services industry.

PART C:

How is managing the financial resources of a not-for-profit organization different from overseeing a profit-focused entity?  which is the more difficult to manage?

Question 4

PART A:

1. Pick a specific product that you use.  Explain how the factors of production work together to make that product available.
2. Describe "marketing strategies" utilized to increase sales of this product.

PART B:

1. Select a business you are familiar with. Identify the major elements of their external environment that are most likely to affect them in important and meaningful ways.
2. Describe the internal environment for this business.

Question 5

PART A:

What differences might you expect to find in the Corporate Culture of the Royal Bank, and local NL company, Verafin? At least five are required. 

PART B:

What do you feel is the main challenge for managers and boards of directors with respect to ingraining ethics into an organization's culture and decision-making environment? Explain

Question 6

PART A:

Why is the formal training of employees so important to most employers? Why don't employers simply let people learn about their jobs as they perform them? Explain.

PART B:

Why is a good employee-job match important? Who benefits more, the organization or the employee? Explain your reasoning. 

PART C:

So, you're the boss.  Now what?  Assume you have just been promoted to a managerial position.  What key thoughts and actions would you reflect on to develop and maintain a highly productive workforce? Explain.