Class Participation and Collected Assignments (Unrelated to FinGame), and FinGame Assignments

Note: Excused or unexcused are not related to class participation or collected assignment grades. That is, an excused absence is not a valid reason for not handing in collected homework. Furthermore, if you are not present (regardless of the reason), you are not participating; therefore, you will receive a 0 on any related class participation grades for the day(s) you are absent. Keep in mind, you will have the option to use your final exam grade to replace your overall collected assignments grade.

Class Participation (date) (10% of Grade)

1. 8/27/07: Quiz: Equivalent terms for 1) Sales, 2) Earnings, 3) net income; 4) EBIT stands for ______(8/27/07)

2. 8/29/07: Quiz: 12/31/05 Total Assets = 100, Equity = 40

NI = 10, Dividends = 4

Prepare a 12/31/06 Balance Sheet

3. 9/3/07: How does the income statement and balance sheet differ under the three following scenarios: 1) building rented; 2) building owned, no debt; 3) building owned with debt.

4. 9/3/07: If SGA goes up, when might this not be a problem? Is the change in SGA a problem for Pier 1 Imports?

5. 9/5/07: Sketch an income statement and Balance Sheet—include cash, AR, inventory, total current assets, long term assets, total assets, accounts payable, short term debt and/or current portion of long term debt, total current liabilities, long term liabilities, equity, and total liabilities + equity.

6. 9/11/07: The start of analyzing the financial ratios—Pier 1 Imports

7. 9/11/07: 3 question quiz: 1) TA = 100, TL=80, Sales = 100, net profit margin = 10%, dividends = 4—solve for equity and total assets, 2nd balance sheet 2) ROA = 3%, ROE = 3%, What does TL=? 3) Current Ratio = 2.0, Quick Ratio = 2.0 What does inventory =?

8. 9/13/07: Analyzing financial ratios—Pier 1 Imports

9. 9/13/07: 5 questions related to financial ratios (e.g. Gross Profit Margin goes up and net profit margin goes down—explain why this might happen).

10.  9/17/07: List three steps you would perform to determine whether Krispy Kreme is healthy.

11.  9/17/07: 2006 vs 2007—How much should a company’s sales increase if the goal is for the company’s performance to stay the same?

12. 9/19/07: What is the Gross Profit for Pier 1—projected 2010?

13. 9/24/07: Make a statement about one of the two WSJ articles—Harley or Williams-Sonoma.

14. 9/26/07: If NI = $1,000, Shares Outstanding = 100, What is EPS? If you expect the PE to equal 10 and you want the stock price to equal $105, what decision could you make to increase the stock price? Assume NI cannot be changed.

15. 10/1/07: Provided all balance sheet items except equity and cash—provided sales, net profit margin, dividends and equity from prior year—What will cash equal in the next year?

16. 10/22/07: In groups, work through real estate and financial leverage assignment.

17. 10/22/07: quiz—list the benefits and disadvantages of financial leverage

18. 10/24/07: quiz—how many hours are you going to study FinGame through Sunday, Midnight?

19. 10/29/07: quiz—list from least to most, the topics that you understand the best.

20. 11/7/07: quiz—how much pay for real estate, $100,000 CF annually, sell for $3 mill in 10 years, discount rate = 12%

Note: All class participation tasks are equally weighted.

21. 11/14/07: minicase—Godiva

22. 11/26/07: 450 basis points = ? and Sales = 100, operating margin = 10%, what does operating profit equal?

22. 11.28/07: Quiz—how can I help you prepare for the final; how does the Dow increase base on the anticipation of a rate cut?
Collected Assignments (assigned, collected) (10% of Grade)

1.  Print Pier 1 Imports information (8/22/07, 8/27/07)

2.  Financial Foundation Preparation 4 (9/12/07, 9/17/07)

3.  Financial Statement Analysis: Practice Questions (9/12/07, NOT COLLECTED)

4.  Pier 1 Imports: Analyzing Financial Statements (9/12/07, NOT COLLECTED)

5.  Williams-Sonoma’s Net Falls Amid Higher Costs—What do you know, not know? (9/19/07, not collected)

6.  Harley Reduces Profit Outlook . . . – What do you know, not know? (9/19/07, not collected)

7.  Pier 1 Imports – Projections (9/26/07, not collected)

8.  Goodyear Assignment (10/31/07, 11/5)

9.  Alex Rodriguez (11/5, 11/7)

10.  Risk and Return (11/7, if collected 11/12, not collected)

Note 1: All collected assignments are equally weighted.

Note 2: A portion of an assignment could be collected and count as a “collected assignment”. For example, if a 10 question assignment is assigned, only question three (3) may be collected and graded. Therefore, the grade you receive on question three would count as one “collected assignment”. If this approach is used, I will announce which problem(s) will be used for grading purposes on the day I collect the assignment.

FinGame Assignments

1.  Assignment 1- Due Monday Nov 5

2.  Assignment 2 – Due Monday Nov 12

3.  Assignment 3 - Due Monday Nov 19