BUSI 342 ASSIGNMENT #1, SPRING 2021Please carefully note the following important points: • This assignment is to be completed in teams of 4. • Your team submission should be made in a single Excel file, titled“firstname_lastname_firstname_lastname”, etc. • Be sure to label your work generously to save me time in finding things. • Tax rates are found by dividing “provision for income taxes” by “incomebefore taxes”. Usually the latest year’s numbers are used for this calculation, but if the year looks unusual, look at previous years as well and use a rate that seems reasonable.• Where a company’s statements are missing a year, simply leave that company out of the analysis for the year.• Please submit on Moodle.PART 1 Please carry out an external size-up for the U.S. economy and the U.S. home-building industry. It is not necessary to present your findings in a lengthy write-up – bullet points will suffice, but please provide more than just raw numbers without explanations/interpretation.PART 2 Your task in this part of the assignment is to provide an internal, quantitative analysis of the U.S. homebuilder Toll Bros. to assess its health and performance. The other companies for which financial statements have been provided in the Excel file operate in the same industry as Toll Bros. They are there to allow you to provide some context to Toll Bros. performance and to make comparisons Ignore TTM (Trailing Twelve Months) data. In addition to the usual work included in an internal, quantitative analysis, please also include:1) A decomposition of ROE, along with your interpretation of the results 2) An analysis of Toll Brothers’ cash conversion cycle (also known as “operatingcash flow cycle”) Throughout all of the analysis above, it is important to provide not only numbers/ratios, but also interpretation. This should be done across time and across the industry (for simplicity, consider the three companies you have data for “the industry”). Here, again, it is not necessary to write very much – the key is to put the results in context.
At 111papers.com, we value all our customers, and for that, always strive to ensure that we deliver the best top-quality content that we can. All the processes, from writing, formatting, editing, and submission is 100% original and detail-oriented. With us, you are, therefore, always guaranteed quality work by certified and experienced writing professionals. We take pride in the university homework help services that we provide our customers.
As the best homework help service in the world, 111 Papers ensures that all customers are completely satisfied with the finished product before disbursing payment. You are not obligated to pay for the final product if you aren’t 100% satisfied with the paper. We also provide a money-back guarantee if you don’t feel that your paper was written to your satisfaction. This guarantee is totally transparent and follows all the terms and conditions set by the company.Read more
All products that we deliver are guaranteed to be 100% original. We check for unoriginality on all orders delivered by our writers using the most advanced anti-plagiarism programs in the market. We, therefore, guarantee that all products that we submit to you are 100% original. We have a zero-tolerance policy for copied content. Thanks to our strict no plagiarized work rule, you can submit your homework to your professor without worrying.Read more
TThis is one of the most cherished courtesy services that we provide to help ensure that our customers are completely satisfied with our finished products. Delivering the best final product to our customers takes multiple inputs. 111papers.com prides itself on delivering the best university homework help services in the writing industry. And, in part, our free revision policy is how we do it. What’s more, all our revisions are 100% free without any strings attached.Read more
Client privacy is important to use. We know and understand just how important customers value their privacy and always want to safeguard their personal information. Thus, all the information that you share with us will always remain in safe custody. We will never disclose your personal information to any third party or sell your details to anyone. 111 Papers uses the most sophisticated, top-of-the-line security programs to ensure that our customers’ information is safe and secured.Read more
Placing your order with us means that you agree with the homework help service we provide. We, in turn, will endear to ensure that we do everything we can to deliver the most comprehensive finished product as per your requirements. We will also count on your cooperation to help us deliver on this mandate. Yes, we also need you to ensure that you have the highest-quality paper.Read more