- Complete Financial Statements & Measures Template by entering information for two practice rounds and beginning position.Evaluate financial statements (Balance Sheet, Income Statement, Cash Flows), calculate ratios, and create a budget (Spending priorities).
- Identify and group owner/investor measures – what impression or opinion would the measures report?
- Identify and group management measures – what impression or opinion would the measures report?
- Identify and group finance/bank measures – what impression or opinion would the measures report?
- Create a budget in which you allocate anticipated spending on sales, marketing, promotion, production, TQM, HR, and R&D by completing the budget worksheet in either a fixed dollar amount or as a % of sales for each item.
- Week 2 – Assignment 2: Complete Competition Round 1 of CAPSIM and Assess Company PerformanceAssignment
Due May 8 at 11:59 PM2020 CAPSIM Simulation. Complete Competition Round 1
- https://ww2.capsim.com/login/
- The CAPSIM simulation is core to the course in terms of trial practice of the topical material of the course.
- Complete the Financial Statements & Measures Template Spreadsheet.
- Select a financial measure (one not previously selected). Write one paragraph defining the financial measure, identify the formula to determine the measure (e.g., ROS=Profit/Sales) and its meaning/value to the firm (cite your source). Write a second paragraph comparing the performance measure to the industry average and the company’s previous performance (trend?).
- Select a customer buying criterion. Write one paragraph assessing the company’s position relative to that criterion. What decisions will change to address any difference?