Write My Liberty BUSI 532 Assignments

Homework 1, due in week one, sets up your chosen company's financial statements in a spreadsheet and is worth 70 points.

Homework 2 to 7, due in weeks two to seven, each extend the analysis of the same company: residual earnings, reformulated statements, profitability, growth, forecasting and valuation, and the business behind the statements. Each is worth 100 points.

The three forums, in weeks one, two and five, ask students to compare and contrast ideas with one another. Forum 1 is worth 30 points and Forums 2 and 3 are worth 50 each, with lengths set by each forum's instructions.

Week eight's group report covers a fresh company, different from the one in your homework. Its 200 points make it the heaviest item.

The checklist accounts for the remaining 10 points.

There are no quizzes or exams, so these items make up the whole graded course. Week one begins on a Monday; each week after begins on a Saturday.

Each homework is built in the same workbook as the last, so the file grows tab by tab through the term.

Your company must be a public company whose filings are available, and it stays the same for all seven homework assignments.

Homework 1 sets up the statements cleanly, since every later workbook builds on it.

The second workbook measures yearly residual earnings, profit less the cost of equity on opening book value.

The third reworks the equity statement for comprehensive income and splits the other statements into business and financing sides.

The fourth breaks equity returns into operating and leverage pieces, and operating returns into margin and turnover.

Homework 5 separates core operating income from unusual items and analyzes what drives growth in residual operating income.

The sixth projects the drivers, builds forecast statements and sets a per-share value against the stock price.

Homework 7 reads the whole analysis back into strategy: what the company does to earn its returns.

An early forum may ask why Penman bases value on accounting data, and a later one may compare residual earnings with discounted cash flow.

Each workbook comes with a one-page memo explaining what the week's numbers show, which helps with the forums.

For the group's fresh company, the same steps are repeated, and the week-eight reading on equity risk shapes the report's risk discussion.

The first workbook brings in several years of statements and confirms each year balances.

The third forum may cover separating lasting earnings from one-offs, with your company as the case.

Forecasts in Homework 6 are built from drivers the earlier tabs measured, such as sales growth, core margin and asset turnover, so the value follows from the analysis.

Each forum post uses your company as its example, which keeps the discussion concrete.

Every tab is labeled by homework number, so your instructor can grade each assignment within the same file.

Each workbook keeps inputs, calculations and outputs on separate tabs so a grader can trace every figure.

Memos explain each result.

Forum posts use your company as the example each time.

The writers are financial analysts, many of them CFA charterholders, who build valuation models in equity research, corporate finance or advisory work.

They know Penman's method well, from residual earnings to the reformulated statements and full-information forecasting.

Their workbooks separate inputs, calculations and results, and every figure can be traced to the filings.

Several have taught valuation or financial statement analysis, so the memos explain each step plainly.

Formulas and outputs are re-checked by a colleague before any file goes out.

One analyst handles your whole order, and your files reach them without your name.

They have presented valuations to investment committees, which keeps the memos brief and direct.

They write memos the way they would brief a portfolio manager: short, specific and tied to the numbers.

Each has built models on companies across sectors, from retailers to manufacturers.

Workbooks lose points when reformulated statements no longer tie to the reported totals, or when an earlier error is carried into later tabs.

Residual earnings lose points when the required return is applied to ending rather than beginning book value.

Profitability analysis loses points when the decomposition does not reconcile, so that the parts do not add back to return on equity.

Valuations lose points when forecasts ignore the company's history or when the value per share is not compared with the market price.

Definitions without a company example score poorly.

The group report loses points when its sections use inconsistent figures or skip a step of the method.

Workbooks also lose points when formulas are replaced by typed numbers, since the instructor cannot follow the calculation.

Memos lose points when they repeat the figures without saying what they mean for the company.

Group reports also lose points when the risk section is missing or generic.

Forum posts also lose points when they ignore the classmates' ideas they are meant to compare.

Valuations also lose points when the forecast horizon or terminal assumptions are not explained.

A homework workbook takes two to four days, with the valuation workbook in week six taking the longest.

A forum post takes about a day.

Your group sections take three to five days.

The seven workbooks are the largest lines, and ordering them together lowers each, since the model is carried forward rather than rebuilt.

Urgent work costs more. Starting midway includes a check of your earlier workbooks before the next one is added.

Forum lines are the smallest. The group report share is priced by the sections assigned.

If you have built early workbooks yourself, they are checked and corrected before the next one is added.

Sending your company choice early lets the setup workbook begin before week one opens.