Complete a case analysis of Case 11.2: Car Wars at Wolfsburg found on pages 341 of your text. Make sure you open & read the guidelines and rubric that you will find under the Syllabus link of the class. Please note that the rubric follows the criteria outlined in the assignment guide and rubric. Answering the questions at the end of the case does not constitute a thorough case analysis. If you’re confused, open up the Individual Case rubric to ensure you are doing the assignment correctly. Include a title slide that lists each participating team members name and a reference slide that indicates the outside resources used to prepare your presentation. One team member should upload your final PowerPoint through the Written Assignment link under the Group PowerPoint Case link for grading. All participating team members will receive the same grade. Present your project via the Collaborate Live Classroom. Make sure you record your presentation so the instructor is able to view it. Ideally each team member should present his/her own portion of the analysis, but there are times when this is simply not possible. So as a team, decide how you want the presentation done. You may have one person present or multiple presenters – the choice is yours. The final presentation should be uploaded and presented in your teams live classroom.ONLY ONEpresentation should be submitted for your group. Note: There are two steps to submitting your group project. Both steps must be completed in order to earn credit for this assignment. 1) Submit your PowerPoint to the grade book via the Group PowerPoint Case link that you’ll find under the Written Assignment area of the course. 2) Present and record your presentation in your groups Collaborate classroom. You will need a microphone and speakers or a headset with a microphone to record the presentation. The USB headset eliminates that annoying feedback.

Complete a case analysis of Case 11.2: Car Wars at Wolfsburg found on pages 341 of your text. Make sure you open & read the guidelines and rubric that you will find under the Syllabus link of the class. Please note that the rubric follows the criteria outlined in the assignment guide and rubric. Answering the questions at the end of the case does not constitute a thorough case analysis. If you’re confused, open up the Individual Case rubric to ensure you are doing the assignment correctly.

Include a title slide that lists each participating team members name and a reference slide that indicates the outside resources used to prepare your presentation. One team member should upload your final PowerPoint through the Written Assignment link under the Group PowerPoint Case link for grading. All participating team members will receive the same grade.

Present your project via the Collaborate Live Classroom. Make sure you record your presentation so the instructor is able to view it. Ideally each team member should present his/her own portion of the analysis, but there are times when this is simply not possible. So as a team, decide how you want the presentation done. You may have one person present or multiple presenters – the choice is yours. The final presentation should be uploaded and presented in your teams live classroom.ONLY ONEpresentation should be submitted for your group.

Note: There are two steps to submitting your group project. Both steps must be completed in order to earn credit for this assignment.

1) Submit your PowerPoint to the grade book via the Group PowerPoint Case link that you’ll find under the Written Assignment area of the course.

2) Present and record your presentation in your groups Collaborate classroom. You will need a microphone and speakers or a headset with a microphone to record the presentation. The USB headset eliminates that annoying feedback.

Franklin Delano Roosevelt Eulogy Assignment DropboxTask: submit to complete this assignment Franklin D. Roosevlet was extremely important to the country during the Great Depression and WWII. He was the president for 12 years and served in that office during some of the most tumultuous years in this country’s history. No one has held that office for longer then FDR. Dying of a cerebral hemorrhage in April 1945, he didn’t live to see the end of WWII. Thousands of people lined the tracks as his body made its way to Hyde Park. If you were the average American who was picked to deliver a brief eulogy for the president, what would you say?

Franklin Delano Roosevelt Eulogy Assignment

DropboxTask: submit to complete this assignment
Franklin D. Roosevlet was extremely important to the country during the Great Depression and WWII. He was the president for 12 years and served in that office during some of the most tumultuous years in this country’s history. No one has held that office for longer then FDR. Dying of a cerebral hemorrhage in April 1945, he didn’t live to see the end of WWII. Thousands of people lined the tracks as his body made its way to Hyde Park. If you were the average American who was picked to deliver a brief eulogy for the president, what would you say?

Franklin Delano Roosevelt Eulogy Assignment DropboxTask: submit to complete this assignment Franklin D. Roosevlet was extremely important to the country during the Great Depression and WWII. He was the president for 12 years and served in that office during some of the most tumultuous years in this country’s history. No one has held that office for longer then FDR. Dying of a cerebral hemorrhage in April 1945, he didn’t live to see the end of WWII. Thousands of people lined the tracks as his body made its way to Hyde Park. If you were the average American who was picked to deliver a brief eulogy for the president, what would you say?

Franklin Delano Roosevelt Eulogy Assignment

DropboxTask: submit to complete this assignment
Franklin D. Roosevlet was extremely important to the country during the Great Depression and WWII. He was the president for 12 years and served in that office during some of the most tumultuous years in this country’s history. No one has held that office for longer then FDR. Dying of a cerebral hemorrhage in April 1945, he didn’t live to see the end of WWII. Thousands of people lined the tracks as his body made its way to Hyde Park. If you were the average American who was picked to deliver a brief eulogy for the president, what would you say?

Please read the relevant parts of your textbook, which refer to cash flow and financial planning. To avoid any uncertainty regarding his business’ financing needs at the time when such needs may arise, Cyrus Brown wants to develop a cash budget for his latest venture: Cyrus Brown Manufacturing (CBM). He has estimated the following sales forecast for CBM over the next 9 months: March $100,000 April $275,000 May $320,000 June $450,000 July $700,000 August $700,000 September $825,000 October $500,000 November $115,000 He has also gathered the following collection estimates regarding the forecast sales: Payment collection within the month of sale = 25% Payment collection the month following sales = 55% Payment collection the second month following sales = 20% Payments for direct manufacturing costs like raw materials and labor are made during the month that follows the one in which such costs have been incurred. These costs are estimated as follows: March $187,500 April $206,250 May $375,000 June $337,500 July $431,250 August $640,000 September $395,000 October $425,000 Additional financial information is as follows: Administrative salaries will approximately amount to $35,000 a month. Lease payments around $15,000 a month. Depreciation charges, $15,000 a month. A one-time new plant investment in the amount of $95,000 is expected to be incurred and paid in June. Income tax payments estimated to be around $55,000 will be due in both June and September. And finally, miscellaneous costs are estimated to be around $10,000 a month. Cash on hand on March 1 will be around $50,000, and a minimum cash balance of $50,000 shall be on hand at all times. To receive full credit on this assignment, please show all work, including formulas and calculations used to arrive at the financial values.

Please read the relevant parts of your textbook, which refer to cash flow and financial planning.

To avoid any uncertainty regarding his business’ financing needs at the time when such needs may arise, Cyrus Brown wants to develop a cash budget for his latest venture: Cyrus Brown Manufacturing (CBM). He has estimated the following sales forecast for CBM over the next 9 months:
March $100,000
April $275,000
May $320,000
June $450,000
July $700,000
August $700,000
September $825,000
October $500,000
November $115,000
He has also gathered the following collection estimates regarding the forecast sales:
Payment collection within the month of sale = 25%
Payment collection the month following sales = 55%
Payment collection the second month following sales = 20%
Payments for direct manufacturing costs like raw materials and labor are made during the month that follows the one in which such costs have been incurred. These costs are estimated as follows:
March $187,500
April $206,250
May $375,000
June $337,500
July $431,250
August $640,000
September $395,000
October $425,000
Additional financial information is as follows:
Administrative salaries will approximately amount to $35,000 a month.
Lease payments around $15,000 a month.
Depreciation charges, $15,000 a month.
A one-time new plant investment in the amount of $95,000 is expected to be incurred and paid in June.
Income tax payments estimated to be around $55,000 will be due in both June and September.
And finally, miscellaneous costs are estimated to be around $10,000 a month.
Cash on hand on March 1 will be around $50,000, and a minimum cash balance of $50,000 shall be on hand at all times.
To receive full credit on this assignment, please show all work, including formulas and calculations used to arrive at the financial values.

6. (3 points) A stock investor deposited $1000 four years ago in a non-dividend paying stock. Today the stock is valued at $814. What annual rate of return has this investor earned? Rate: 7. (8 points) A friend wants to retire in 30 years when he is 65. At age 35, he can invest $300/month that earns 6% each year. But he is thinking of waiting 15 years when he is age 50, and then investing $900/month to catch up, earning the same 6% per year. He feels that by investing three times as much for half as many years (15 instead of 30 years) he will have more. What is the future value of each of these options at age 65, and under which scenario would he accumulate more money? Scenario A: , Scenario B : , Best: 8. (4 points) Compute the present value of a one-time payment of $1,000 paid in four years using the following discount rates: 1.0% in year 1, 2.0% in year 2, 4% in year 3, and 3% in year 4. Present Value: 9. (5 points) TV’s R Yours is advertising a deal, in which you buy a flat screen TV for $4,769 (including tax) with one year before you need to pay (no interest is incurred if you pay by the end of the one year). How much would you need to deposit at the end of each month in a savings account earning 1.2% APR, compounded monthly, to be able to pay the $4,769 bill in one year? Monthly Deposit: 10. (8 points) Instead, you opt to purchase a 10-Inch 4K Ultra HD 120Hz Smart LED TV for $149,980 (yes, it’s really there) by getting a loan for $120,980 and paying a $29,000 down payment. You can get a 10-year loan with a 3.6% interest rate. A. What would be your monthly payment? B. In 4 years, when a newer, cheaper but nicer TV is available, what would be the loan balance

6. (3 points) A stock investor deposited $1000 four years ago in a non-dividend paying stock. Today the stock is valued at $814. What annual rate of return has this investor earned?
Rate:

7. (8 points) A friend wants to retire in 30 years when he is 65. At age 35, he can invest $300/month that earns 6% each year. But he is thinking of waiting 15 years when he is age 50, and then investing $900/month to catch up, earning the same 6% per year. He feels that by investing three times as much for half as many years (15 instead of 30 years) he will have more. What is the future value of each of these options at age 65, and under which scenario would he accumulate more money?
Scenario A: , Scenario B : , Best:

8. (4 points) Compute the present value of a one-time payment of $1,000 paid in four years using the following discount rates: 1.0% in year 1, 2.0% in year 2, 4% in year 3, and 3% in year 4.
Present Value:

9. (5 points) TV’s R Yours is advertising a deal, in which you buy a flat screen TV for $4,769 (including tax) with one year before you need to pay (no interest is incurred if you pay by the end of the one year). How much would you need to deposit at the end of each month in a savings account earning 1.2% APR, compounded monthly, to be able to pay the $4,769 bill in one year? Monthly Deposit:

10. (8 points) Instead, you opt to purchase a 10-Inch 4K Ultra HD 120Hz Smart LED TV for $149,980 (yes, it’s really there) by getting a loan for $120,980 and paying a $29,000 down payment. You can get a 10-year loan with a 3.6% interest rate.
A. What would be your monthly payment?
B. In 4 years, when a newer, cheaper but nicer TV is available, what would be the loan balance

1. Owens enterprises is in the process of determining its capital budget for the next fiscal year. The firm’s current capital structure, which it considers to be optimal, is contained in the following balance sheet. Balance sheet Current assets : 40,000 Accounts payable: 20,000,000 Fixed assets : 400,000,000 other current Liabilities: 10,000,000 Total assets: 440,000,000 Long-Term debt; 123,000,000 Common stock at par: 15,500,000 Paid in capital in exes of par: 51,000,000 Retained earnings: 220,500,000 Total liabilities and stockholders’ equity: 440,000,000 Through discussions with the firm’s investment bankers, lead bank, and financial officers, the following information has been obtained: · The firm expects net income from this year to total $80 million. The firms intends to maintain its dividend policy of paying 42.5 percent of earnings to stockholders. · The firm can borrow 18 million from its bank at a 13 percent annual rate. · Any additional debt can be obtained through the issuance of debentures (at par) that carry a 15 percent coupon rate. · The firm currently pays $4.40 per share in dividends. Dividends have grown at a 5 percent rate in the past. This growth is expected to continue. · The firm’s common stock currently trades at $44 per share. If the firm were to raise any external equity, the newly issued shares would net the company $40 per share. · The firm is in the 40 percent marginal tax bracket. Compute Owens’ marginal cost of capital schedule. 2. Jersey Computer company has estimated the costs of debt and equity capital (with bankruptcy and agency costs) for various proportions of debt in its capital structure: proportion of after-tax of Cost of equity debt debt, ki Ke 0.00 _________ 12.0% 0.10 4.7% 12.1 0.20 4.9 12.5 0.30 5.1 13.0 0.40 5.5 13.9 0.50 6.1 15.0 0.60 7.5 17.0 a. Determine the firm’s optimal capital structure, assuring a marginal income tax rate (T) of 40 percent. b. Suppose that the firm’s current capital structure consists of 30 percent debt (and 70 percent equity). How much higher is its weighted cost of capital than at the optimal structure? 3. High sky, Inc., a hot air balloon manufacturing firm, currently has the following simplified balance sheet: Assets Liabilities and capital __________________________________________________________________ Totasl assets 1,100,000 Bonds (10% interest) 600,000 Common stock at par ($3), 100,000 shares Outstanding 300,000 Contributed capital in excess of par 100,000 Retained earnings 100,000 Total liabilities and capital 1,100,000 The company is planning an expansion that is expected to cost $600,000. The expansion can be financed with new equity (sold to net the company $4 per share) or with the sale of new bonds at an interest rate of 11%. (The firm’s marginal tax rate is 40%.) a. Compute the indifference point between the two financing alternatives. b. If the expected level of EBIT for the firm is $240,000 with standard deviation of 50,000, what is the probability that the debt financing alternative will produce higher earnings than the equity alternative. (EBIT is normally distributed). c.If the debt alternative is chosen, what is the probability that the company will have negative earnings per share in any period?

1. Owens enterprises is in the process of determining its capital budget for the next fiscal year. The firm’s current capital structure, which it considers to be optimal, is contained in the following balance sheet.

Balance sheet

Current assets : 40,000 Accounts payable: 20,000,000

Fixed assets : 400,000,000 other current Liabilities: 10,000,000

Total assets: 440,000,000 Long-Term debt; 123,000,000

Common stock at par: 15,500,000

Paid in capital in exes of par: 51,000,000

Retained earnings: 220,500,000

Total liabilities and

stockholders’ equity: 440,000,000

Through discussions with the firm’s investment bankers, lead bank, and financial officers, the following information has been obtained:

· The firm expects net income from this year to total $80 million. The firms intends to maintain its dividend policy of paying 42.5 percent of earnings to stockholders.

· The firm can borrow 18 million from its bank at a 13 percent annual rate.

· Any additional debt can be obtained through the issuance of debentures (at par) that carry a 15 percent coupon rate.

· The firm currently pays $4.40 per share in dividends. Dividends have grown at a 5 percent rate in the past. This growth is expected to continue.

· The firm’s common stock currently trades at $44 per share. If the firm were to raise any external equity, the newly issued shares would net the company $40 per share.

· The firm is in the 40 percent marginal tax bracket.

Compute Owens’ marginal cost of capital schedule.

2. Jersey Computer company has estimated the costs of debt and equity capital (with bankruptcy and agency costs) for various proportions of debt in its capital structure:

proportion of after-tax of Cost of equity

debt debt, ki Ke

0.00 _________ 12.0%

0.10 4.7% 12.1

0.20 4.9 12.5

0.30 5.1 13.0

0.40 5.5 13.9

0.50 6.1 15.0

0.60 7.5 17.0

a. Determine the firm’s optimal capital structure, assuring a marginal income tax rate (T) of 40 percent.

b. Suppose that the firm’s current capital structure consists of 30 percent debt (and 70 percent equity). How much higher is its weighted cost of capital than at the optimal structure?

3. High sky, Inc., a hot air balloon manufacturing firm, currently has the following simplified balance sheet:

Assets Liabilities and capital

__________________________________________________________________

Totasl assets 1,100,000 Bonds (10% interest) 600,000

Common stock at par ($3), 100,000 shares

Outstanding 300,000

Contributed capital in excess of par 100,000

Retained earnings 100,000

Total liabilities and capital 1,100,000

The company is planning an expansion that is expected to cost $600,000. The expansion can be financed with new equity (sold to net the company $4 per share) or with the sale of new bonds at an interest rate of 11%. (The firm’s marginal tax rate is 40%.)

a. Compute the indifference point between the two financing alternatives.

b. If the expected level of EBIT for the firm is $240,000 with standard deviation of 50,000, what is the probability that the debt financing alternative will produce higher earnings than the equity alternative. (EBIT is normally distributed).

c.If the debt alternative is chosen, what is the probability that the company will have negative earnings per share in any period?

1. In this lab investigation, you will research and discuss if disposable diapers seriously impact the environment. Perform a web search and identify the components used in disposable diapers, the time it will take them to biodegrade in a landfill, and the overall impact they have on the environment. 2. Design a new product. “Build” your new product. Explain each step (5 step minimum) in the building process and how much waste is produced at each step and where it ends up. How/why can a certain car company say they have “zero landfill” when they manufacture their car? Cite all references. 3. Based on your virtual field trips to the current landfill and the landfill under construction, identify three differences and indicate how the landfill under construction will be superior to the old landfill for each difference.

1. In this lab investigation, you will research and discuss if disposable diapers seriously impact the environment. Perform a web search and identify the components used in disposable diapers, the time it will take them to biodegrade in a landfill, and the overall impact they have on the environment.

2. Design a new product. “Build” your new product. Explain each step (5 step minimum) in the building process and how much waste is produced at each step and where it ends up. How/why can a certain car company say they have “zero landfill” when they manufacture their car? Cite all references.

3. Based on your virtual field trips to the current landfill and the landfill under construction, identify three differences and indicate how the landfill under construction will be superior to the old landfill for each difference.

1. Explain the Biomass Pyramid (in relation to mass and energy usage) using ONE of the following three ecosystems: Eastern Deciduous Forest, Tropical Rain Forest, or Grassland. Draw a food chain, food web, and predict a predator/prey relationship for your particular ecosystem. 2. The eruption of Mount St. Helens is infamous for the destruction wrought on the surrounding areas; however it has also given rise to the development of a host of new ecological systems. View the following pictures and animation from NASA: http://www.nasa.gov/vision/earth/lookingatearth/mtsthelens_1001_prt.htm. Search the Internet for additional information describing the Mount St. Helens recovery that has occurred since the eruption. List your references! 3. Musk Oxen are protected in Alaska. The rule of 70: states that if you divide 70 by the annual percentage increase of a population, the population will double in the resulting years. For example, a population increase of 7% per year results in a doubling in 10 years. Suppose the oxen population in Alaska is free of hunters and other predators and is increasing at a rate of 23.33% per year. (Oxen cows sometimes twin but most have single births and are known to be prolific breeders.) If you started with 100 oxen, what would the population be after three years? After six years? Suppose the carrying capacity of the ecosystem was 500 oxen — what would happen to the Musk Oxen population after the six year period? What might happen if the environment was not free of predators? WHY?

1. Explain the Biomass Pyramid (in relation to mass and energy usage) using ONE of the following three ecosystems: Eastern Deciduous Forest, Tropical Rain Forest, or Grassland. Draw a food chain, food web, and predict a predator/prey relationship for your particular ecosystem.

2. The eruption of Mount St. Helens is infamous for the destruction wrought on the surrounding areas; however it has also given rise to the development of a host of new ecological systems. View the following pictures and animation from NASA:

http://www.nasa.gov/vision/earth/lookingatearth/mtsthelens_1001_prt.htm.

Search the Internet for additional information describing the Mount St. Helens recovery that has occurred since the eruption. List your references!

3. Musk Oxen are protected in Alaska. The rule of 70: states that if you divide 70 by the annual percentage increase of a population, the population will double in the resulting years. For example, a population increase of 7% per year results in a doubling in 10 years. Suppose the oxen population in Alaska is free of hunters and other predators and is increasing at a rate of 23.33% per year. (Oxen cows sometimes twin but most have single births and are known to be prolific breeders.) If you started with 100 oxen, what would the population be after three years? After six years? Suppose the carrying capacity of the ecosystem was 500 oxen — what would happen to the Musk Oxen population after the six year period? What might happen if the environment was not free of predators? WHY?

1.What is a Minimal Viable Population? Why are Zoos and Animal Conservationists concerned with this for tigers or snow leopards? Name four other species and their population problems/solutions. Cite your references. 2. Evaluate the human population growth rates for FOUR different COUNTIES in YOUR STATE. Evaluate the population trends in each county (not country). Why are they different or the same? Expound on your reasons. List your sources. County Previous Year Population (2000) Current Year Population (2010) Population % change Clayton 236,517 259,424 9.7% Cobb 607,751 688,078 13.2% Fayette 91,263 106,567 16.8% Fulton 816,006 920,581 12.8% 3. Rotary International is an organization that has many goals, one of which was/is to eliminate polio from the world’s human population. Give a brief history of this mission (one paragraph) and then give YOUR prediction about the world’s population’s growth if another condition/disease (you choose it) is eliminated from the human population worldwide. Include a population curve for the population WITH the condition and then a simultaneous curve on the same graph of the population WITHOUT the condition after 100 years. (Color code your two population curves.) Cut/paste the graph into the msword document for this week’s iLab. Include the sources of the original population density’s data.

1.What is a Minimal Viable Population? Why are Zoos and Animal Conservationists concerned with this for tigers or snow leopards? Name four other species and their population problems/solutions. Cite your references.

2. Evaluate the human population growth rates for FOUR different COUNTIES in YOUR STATE. Evaluate the population trends in each county (not country). Why are they different or the same? Expound on your reasons. List your sources.

County

Previous Year Population (2000)

Current Year Population (2010)

Population % change

Clayton

236,517

259,424

9.7%

Cobb

607,751

688,078

13.2%

Fayette

91,263

106,567

16.8%

Fulton

816,006

920,581

12.8%

3. Rotary International is an organization that has many goals, one of which was/is to eliminate polio from the world’s human population. Give a brief history of this mission (one paragraph) and then give YOUR prediction about the world’s population’s growth if another condition/disease (you choose it) is eliminated from the human population worldwide. Include a population curve for the population WITH the condition and then a simultaneous curve on the same graph of the population WITHOUT the condition after 100 years. (Color code your two population curves.) Cut/paste the graph into the msword document for this week’s iLab. Include the sources of the original population density’s data.

1.What is a Minimal Viable Population? Why are Zoos and Animal Conservationists concerned with this for tigers or snow leopards? Name four other species and their population problems/solutions. Cite your references. 2. Evaluate the human population growth rates for FOUR different COUNTIES in YOUR STATE. Evaluate the population trends in each county (not country). Why are they different or the same? Expound on your reasons. List your sources. County Previous Year Population (2000) Current Year Population (2010) Population % change Clayton 236,517 259,424 9.7% Cobb 607,751 688,078 13.2% Fayette 91,263 106,567 16.8% Fulton 816,006 920,581 12.8% 3. Rotary International is an organization that has many goals, one of which was/is to eliminate polio from the world’s human population. Give a brief history of this mission (one paragraph) and then give YOUR prediction about the world’s population’s growth if another condition/disease (you choose it) is eliminated from the human population worldwide. Include a population curve for the population WITH the condition and then a simultaneous curve on the same graph of the population WITHOUT the condition after 100 years. (Color code your two population curves.) Cut/paste the graph into the msword document for this week’s iLab. Include the sources of the original population density’s data.

1.What is a Minimal Viable Population? Why are Zoos and Animal Conservationists concerned with this for tigers or snow leopards? Name four other species and their population problems/solutions. Cite your references.

2. Evaluate the human population growth rates for FOUR different COUNTIES in YOUR STATE. Evaluate the population trends in each county (not country). Why are they different or the same? Expound on your reasons. List your sources.

County

Previous Year Population (2000)

Current Year Population (2010)

Population % change

Clayton

236,517

259,424

9.7%

Cobb

607,751

688,078

13.2%

Fayette

91,263

106,567

16.8%

Fulton

816,006

920,581

12.8%

3. Rotary International is an organization that has many goals, one of which was/is to eliminate polio from the world’s human population. Give a brief history of this mission (one paragraph) and then give YOUR prediction about the world’s population’s growth if another condition/disease (you choose it) is eliminated from the human population worldwide. Include a population curve for the population WITH the condition and then a simultaneous curve on the same graph of the population WITHOUT the condition after 100 years. (Color code your two population curves.) Cut/paste the graph into the msword document for this week’s iLab. Include the sources of the original population density’s data.