Managerial Finance

Financial Analysis Assignment Description

ASSIGNMENT OVERVIEW

Don't use plagiarized sources. Get Your Custom Essay on
Managerial Finance
From as low as $9/Page
Order Essay

You will do a financial analysis FOR Clorox Company. Do not rely on the company’s annual report since it is nothing other than a marketing tool. The primary emphasis of this analysis is corporate finance complemented by accounting and economics. I want your writing to be succinct, terse and exact and be no more than five (5) well-written pages not including title page, executive summary, appendices, and bibliography. However, you can have as many appendices as it takes to support your position. You will have no more than 10% duplication writing of your paper.
• Must follow the APA format
• Make sure your pro forma statements balance. For example, your end of year cash in the cash flow statement must equal your cash and equivalent in your pro forma balance sheet.

1) Accounting Component:

a) Obtain the most recent ten years of annual total sales (total revenue) data from the firm’s financial history. In addition, use just the last three years for the firm’s financial statement data: I recommend you use abbreviated financial statements. They can be found in Nasdaq.com, Yahoo Finance, MSN Money. DO NOT GET BOGGED DOWN IN THE DETAILED OF THE AGGREGATE FINANCIALS i) Income Statement ii) Balance Sheet iii) Statement of Cash Flow

b) Derive common size statements for the income statement and the balance sheet NOT the cash flow i) Looking at trends in the data 9 ii) Looking at variations in the same data as well as variations in the trends

2) General Component:
a) No more than one paragraph describing the history and industry of the company.

3) Economic Component
a) How does the above relate to the industry that the company is in, i.e. need to perform competitive economic analysis about the company: i) Macroeconomic analysis—-is the company’s sales cyclical or countercyclical for example? ii) Industry analysis—market share. Are the company’s sales growing, declining, or staying the same? How is the company performing relative to its competition?

4) SWOT:
a) STRENGTHS and WEAKNESSES should focus EXCLUSIVELY on the INTERNAL CHARACTERISTICS OF THE FIRM’S FINANCES.
b) The OPPORTUNITIES and THREATS should focus EXCLUSIVELY on the EXTERNAL CHARACTERISTICS OF THE FIRM’S FINANCES.

5) Trends and Deviations in the company’s historical data.

6) Finance Component:

a) The PERCENT OF SALES MODEL and the above should provide you with the assumptions for deriving proformas for each of the three financial statements (balance sheet, income statement, and statement of cash flow), and will allow you to do your critical financial analysis of the firm. i) The pro forma, must be forecasted out three years. ii) Make sure you focus on your assumptions and EXPLICITLY show them since they will drive your forecasted data, which will allow you to perform the critical analysis where the company is going, based on your forecasted data INCLUDING THE FORECASTED SHARE PRICES. 10 iii) This should be the focus of your written analysis; stated differently, the focus needs to be on the future of your company and where it is going and why.
b) The emphasis should not be on the history of the company, other than what I have asked you to include, that is stated above.
c) Finally, in your analysis you need to justify your conclusions. For example, is the company in a strong financial position based on its EXPECTED SHARE PRICES and MARKET CAPITALIZATION? Why or why not? What direction does the company need to go in either case? These are some of the questions that need to be answered.

7) Final Submission Format:

a) Executive Summary
b) Introduction i. One paragraph history of the firm ii. Problem Statement—– Is the firm financially viable?
c) Review of Literature i. Newspapers ii. Periodicals iii. Etc.
d) Structural Framework—Estimation of sales (revenue) forecast using your data i. Regression Analysis ii. Alternative Estimation Techniques iii. Derivation of Proformas—Balance Sheet, Income Statement, Cash Flow through the PERCENT OF SALES MODEL
e) Analysis of your findings i. Using your historical data from your financial statements and common-size financial statements 11 ii. Using your forecast data from your Pro-forma financial statements and other information such as economic value added, free cash flow, intrinsic value, return on invested capital to name a few examples that can help in your analysis
f) Summary and conclusions
g) Appendix i. Tables ii. Graphs. iii. Other.
h) Additional Requirements i. Use the APA format—Full Documentation, which includes explicitly identifying others works. ii. NO CUTTING AND PASTING iii. Title page iv. Executive Summary v. Maximum of five (5) written pages, does not include a title page, executive summary or appendices—tables etc. go into appendix vi. Bibliography vii.Page numbers viii. For more information on Managerial Finance check on this: https://en.wikipedia.org/wiki/Managerial_finance

Custom Homework Writing Service

The Homework Writings
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

Thehomeworkwritings.com’s team of writers write all papers from scratch. We deliver 100% original, unique papers. That’s what makes us the best custom homework writing service

Free Revisions

We provide unlimited free revisions to all customers and on all papers. Try The Homework Writings today for the best custom homework writing service and experience in the industry.

Title-page

Thehomeworkwritings.com gives clients title pages free of charge. Your only job is to fill out our order form. We will handle the rest.

Bibliography

As the leading essay writing service, we never submit any paper without a reference/bibliography page. We do this free of charge too.

Originality & Security

At Thehomeworkwritings.com, we take great pride in delivering only high-quality 100% original papers to all our clients. We also never share any of our clients’ information with third parties. Your data is safe with us.

24/7 Customer Support

No other custom homework writing service has a friendly, always available customer support team to respond to clients like us.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We have the best customer support team for your essay writing needs.

Pricing

Flexible Pricing

You won’t find any other custom homework writing service with pricing as flexible and affordable as ours.

Communication

Admission help & Client-Writer Contact

We provide a direct line of communication with our writers for the best writing experience.

Deadlines

Paper Submission

As the leading custom homework writing service, we take deadlines very seriously. You will have your paper submitted on time without any delays.

Reviews

Customer Feedback

We truly value your feedback, good or bad, and always use your feedback to help us provide you with an even better custom homework writing service