Evaluate and recommend which Game Console the company should proceed with, using the Net Present Value technique.

Corporate Financial Management

You are the Chief Financial Officer of Leprechaun. You are required to present a report
to the board of directors and management team of Leprechaun, addressing the
following:
a). Evaluate and recommend which Game Console the company should proceed with,
using the Net Present Value technique.
b). Discuss how rapid technological change could impact the assumptions.
c). You should include a discussion of possible impact of post supply chain disruptions
post covid.
Case 2: Discuss the application of investment appraisal techniques using discounted
cash flows methods, its advantages and drawbacks using a worked example with a
discount rate of 5%.

What are the implications? You should discuss why these differences matter.What remains to be done from your perspective? Provide examples and your justification or support.

Answer 5 out of the following 10 questions, each will be worth 20 points. You may use your notes, slides, and any additional sources available to support your answer. The links included in the questions are intended to be a guide. Feel free to find other sources to support your answer. Include your sources as a link, formal citation is not necessary for your additional sources, but you should include links to the articles.

Save this document and answer directly following the question. Final exams should be returned to me via Blackboard by Saturday July 2 at 1159 pm.

(1)  TAX = EXP.  From day one of this class, we discussed how the study of State and Local finance is inherently different from the issues addressed by Federal Government in their respective budgets.    The first article below is a great example of the fiscal choices that State/Local governments make.  How States and localities will manage through this crisis is dependent upon their prior fiscal choices. What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.
https://www.pewtrusts.org/en/research-and-analysis/articles/2020/04/24/states-take-early-steps-to-manage-covid-19-budget-fallout?utm_campaign=2020-04-29+Rundown&utm_medium=email&utm_source=PewT
The recent American Recovery Plan addressed some of the above issues, as seen in the article below – what remains to be done from your perspective? Provide examples and your justification or support.

What are the differences between what the Federal government can do, and what the states and localities can do?

Save this document and answer directly following the question. Final exams should be returned to me via Blackboard by Saturday July 2 at 1159 pm.

(1)  TAX = EXP.  From day one of this class, we discussed how the study of State and Local finance is inherently different from the issues addressed by Federal Government in their respective budgets.  The first article below is a great example of the fiscal choices that State/Local governments make.  How States and localities will manage through this crisis is dependent upon their prior fiscal choices. What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.
https://www.pewtrusts.org/en/research-and-analysis/articles/2020/04/24/states-take-early-steps-to-manage-covid-19-budget-fallout?utm_campaign=2020-04-29+Rundown&utm_medium=email&utm_source=PewT

What could be the reasons for the difference is performance for JIVAX and S&P 500? What suggestions would you make for improving the performance of JIVAX?

FINANCE JP MORGAN

Read the case study. Then answer the following questions:
1) Briefly describe the money management business of JPM.
2) Identify 3 behavioral biases that JPM hopes to exploit, and how they can be exploited to obtain superior returns?
3) The fund created by JPM to exploit these biases is described on their
website. https://am.jpmorgan.com/us/en/asset- management/gim/adv/products/d/jpmorgan-intrepid-value-fund-a- 4812a0284
The ticker symbol for the fund is JIVAX.
The fund was launched in 2005. What has been the return to the fund from Jan 31, 2005 to the current date?
What has been the return to the S&P 500 over the same time period?
4) What could be the reasons for the difference is performance for JIVAX and S&P 500? What suggestions would you make for improving the performance of JIVAX?

What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.

You should answer 5 out of the following 10 questions, each will be worth 20 points. You may use your notes, slides, and any additional sources available to support your answer.

(1)  TAX = EXP.  From day one of this class, we discussed how the study of State and Local finance is inherently different from the issues addressed by Federal Government in their respective budgets.    The first article below is a great example of the fiscal choices that State/Local governments make.  How States and localities will manage through this crisis is dependent upon their prior fiscal choices. What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.
https://www.pewtrusts.org/en/research-and-analysis/articles/2020/04/24/states-take-early-steps-to-manage-covid-19-budget-fallout?utm_campaign=2020-04-29+Rundown&utm_medium=email&utm_source=PewT
The recent American Recovery Plan addressed some of the above issues, as seen in the article below – what remains to be done from your perspective? Provide examples and your justification or support.

Create a Power Point presentation of 7-8 slides plus the title slide that contains the main results of the Investment News Article Analysis Paper.

As an initial response to the discussion topic, create a Power Point presentation of 7-8 slides plus the title slide that contains the main results of the Investment News Article Analysis Paper. Your initial response must also include the link to the article you were analyzing, so the other students can review the article and respond to your comments.
You need to respond to other students Power Point presentations. In your responses to other students please do not repeat the information presented on the student’s slides.

Present your opinion, with supporting rationale, about the other student’s analysis of the investment news article.
Reflection – the students also should include a paragraph in the initial response in their own words, using finance terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life

Identify the concept referenced in the article. Explain how the concepts in the chapters for this unit are applied in the article. Special Note:  be sure to focus on the CHAPTER objectives for each week as opposed to the Course Learning Outcomes.

ULO 1- List each of the key financial statements and identify the kinds of information they provide to corporate managers and investors.
ULO 2- Estimate a firm’s free cash flow and explain why free cash flow has such an important effect on firm value .
ULO 3- List the five groups of ratios and identify, calculate, and interpret the key ratios in each group.

Directions
Reflecting on the topics we have covered in this course, complete the following posts by examining the following questions:

Initial Post
Post your response as an initial post.
Include URL to the article being reviewed.
Identify the concept referenced in the article.
Explain how the concepts in the chapters for this unit are applied in the article.
be sure to focus on the CHAPTER objectives for each week as opposed to the Course Learning Outcomes.
All postings should contain appropriate grammar, correct spelling, appropriate citing, and be relevant to the discussion topic.
Each initial response should be 100-150 words
Response Post
Respond to at least two of your colleagues’ postings in one or more of the following ways:

Reinforce their work, add additional information, add and/or expound on original post Each response should be 100-150 words
Respond to TWO or more colleagues.

How has the current crisis impact this vital account of the US population? What are areas of fiscal health that the States and local governments should be concerned about?   What will be some of the challenges?

How the Federal, states and localities have responded to the events of the past two years & will continue to respond should be based on some historical context. It should also be based on the theories we have been discussing throughout this course. This final project is intended for you to show me that you have gained the knowledge necessary to analyze what government at all levels has done for you as taxpayers, and what they should focus on in years to come.

(2) Richard Musgrave’s 3-part definition of the “role” of government provides us with the rationalization for many of the policies enacted by Federal, State, and Local governments. Describe each and provide an example of how a government program enacted to date to address the COVID crisis help accomplish each of the three roles.   You should have a recent example for each role.

https://www.usa.gov/coronavirus

https://www.gao.gov/coronavirus
(3) The United States recently participated in the democratic tradition that stretches back to the founding of the republic: the once-a-decade census of its population.  From 1790 to 2010, the decennial census has changed alongside the nation itself. From the territory it covers, to the questions it asks, to how it collects the information, the census has reflected evolution in technology, the role of the federal government, and the size of the country itself. How has the current crisis impact this vital account of the US population? What are areas of fiscal health that the States and local governments should be concerned about?   What will be some of the challenges?

What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.

You should answer 5 out of the following 10 questions, each will be worth 20 points. You may use your notes, slides, and any additional sources available to support your answer. I will be looking for you to demonstrate that you understand these issues, the fundamentals or policy behind each, how they will shape what we can anticipate from policy makers, and/or what you believe should be done. The links included in the questions are intended to be a guide. Feel free to find other sources to support your answer. Include your sources as a link, formal citation is not necessary for your additional sources, but you should include links to the articles.

(1)  TAX = EXP.  From day one of this class, we discussed how the study of State and Local finance is inherently different from the issues addressed by Federal Government in their respective budgets.    The first article below is a great example of the fiscal choices that State/Local governments make.  How States and localities will manage through this crisis is dependent upon their prior fiscal choices. What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.
https://www.pewtrusts.org/en/research-and-analysis/articles/2020/04/24/states-take-early-steps-to-manage-covid-19-budget-fallout?utm_campaign=2020-04-29+Rundown&utm_medium=email&utm_source=PewT
The recent American Recovery Plan addressed some of the above issues, as seen in the article below – what remains to be done from your perspective? Provide examples and your justification or support.

What are the differences between what the Federal government can do, and what the states and localities can do?

You should answer 5 out of the following 10 questions, each will be worth 20 points. You may use your notes, slides, and any additional sources available to support your answer.

(1)  TAX = EXP.  From day one of this class, we discussed how the study of State and Local finance is inherently different from the issues addressed by Federal Government in their respective budgets.    The first article below is a great example of the fiscal choices that State/Local governments make.  How States and localities will manage through this crisis is dependent upon their prior fiscal choices. What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.
https://www.pewtrusts.org/en/research-and-analysis/articles/2020/04/24/states-take-early-steps-to-manage-covid-19-budget-fallout?utm_campaign=2020-04-29+Rundown&utm_medium=email&utm_source=PewT