Case Study

In the instructions file, at the beginning you will see the name of the company and the symbol. In addition, you must search about the company like to get overview about it before you do the paper. See the guidelines for more information, and let me know if you have any questions. and don't forget about the excel spreadsheet. DOES NOT MEET MINIMUM – REALLY DOESN’T GET IT GRADE: 50% OR LESS OF MAX PTS MEETS MINIMUM – MERELY GETS THE JOB DONE – FOLLOWS INSTRUCTIONS GRADE: 50 – 65% OF MAX PTS ABOVE AVERAGE – I.E., THINKS GRADE: 65 – 85% OF MAX PTS OUTSTANDING – I.E., THINKS OUTSIDE THE BOX 85 – 100% OF MAX PTS. DESCRIBES THE PARTICULARS OF THE CASE SUBJECT MAXIMUM POINTS:5 MISSES THE BOAT MOSTLY OR COMPLETELY – CLUELESS AS TO THE MEANING OF BASIC CONCEPTS DESCRIBES CASE SUBJECT PARTICULARS WITHOUT FURTHER ELABORATION. DESCRIBES CASE SUBJECT PARTICULARS AND PROVIDES MORE RELEVANT DETAIL, PLACING CASE IN CONTEXT. DESCRIBES CASE SUBJECT IN DETAIL BUT NOT SUPERFLOUSLY, USINGOUTSIDE SOURCES AND APPROACHES TO PLACE SUBJECT IN CONTEXT. ARTICULATES THE FINANCIAL STRUCTURE OF THE SUBJECT MAXIMUM POINTS: 10 FAILS TO RECOGNIZE THE CASE SUBJECT’S ISSUES AND/OR FAILS TO UNDERSTAND THE NATURE AND PURPOSE OF THE CASE STUDY. DEMONSTRATES AN UNDERSTANDING OF THE PROBLEM ONLY. NO FURTHER RELEVANT ELABORATION DEMONSTRATES A THOROUGH UNDERSTANDING OF THE SUBJECT’S FINANCIAL STRUCTURE AND ITS RAMIFICATIONS. DEMONSTRATES A THOROUGH UNDERSTANDING OF THE SUBJECT’S FINANCIAL STRUCTURE AND ITS RAMIFICATIONS. RELATES THE PROBLEM TO RECENT PRACTICES, AND/OR USES OTHER SOURCES TO EXPLAIN PROBLEM RAMIFICATIONS ANALYSIS & CONCLUSIONS MAXIMUM POINTS: 20 FAILS TO REACH LOGICAL CONCLUSIONS FROM DATA PRESENTED. REACHES BASIC CONCLUSIONS. REACHES CONCLUSIONS WHICH DEMONSTRATE THOROUGH UNDERSTANDING OF THE ANALYSIS. REACHES CONCLUSIONS WHICH DEMONSTRATE A THOROUGH UNDERSTANDING OF THE ANALYSIS AND THE ABILITY TO PLACE IN HISTORIC OR CURRENT CONDITION CONTEXT. OFFERED FINDINGS MAXIMUM POINTS: 10 NONE OFFERED. OFFEREED SOME CONCLUSION, NOT STRONGLY THOUGHT OUT OFFERED CONCLUSION WITH LOGIC AND FORESIGHT. OFFERED CONCLUSION WITH EXCEPTIONAL SOPHISTICATION – THOUGHT “OUTSIDE THE BOX”. SOPHISTICATION OF PRESENTATION MAXIMUM POINTS: 5 USES LESS-THAN HIGH SCHOOL ENGLISH AND SLANG. (IN FACT, IS IT REALLY ENGLISH?) USES UNDERGRADUATE-LEVEL LANGUAGE; NOTHING SPECIAL. DEMONSTRATES GOOD VERBAL SKILLS AND A SOPHISTICATED VOCABULARY. DEMONSTRATES OUTSTANDING VERBAL SKILLS AND HIGHLY EFFECTIVE AND SOPHISTICATED VOCABULARY. SYMBOL INSURANCE CO BLK BLACKROCK INC CASE STUDY 3 INSTRUCTIONS PROCEDURE This is the last of three case studies. (Hold your applause). WARNING: BECAUSE THIS IS THE LAST CASE, YOU ARE BEING ASKED TO DO SLIGHTLY DIFFERENT THINGS … READ THESE INSTRUCTIONS CAREFULLY! You have been randomly assigned either an investment bank, an investment company, or investment management firm. It is your task to analyze the financial structure of each company provided by analyzing the composition of the company’s assets, liabilities and equity. The primary question, IS THE COMPANY’S FINANCIAL STRUCTURE IS A FUNCTION OF THE COMPANY’S ACTIVITIES? Analysis consists of both narrative and Excel analysis. When submitted, it should contain, as a minimum, the following: Contents: • Identifying Data – This is a cover page (see format, NEXT PAGE, BELOW) • Narrative – o A brief summary of your data analysis findings, bullet format permitted UNLESS YOU FEEL A MORE DETAILED NARRATIVE IS NECESSARY. o A SUMMARY OF YOUR ANALYSIS OF THE FINANCIAL INSTITUTION’S SOUNDNESS. This section may employ comparative, general financial institution data and would be best NOT in bullet format. o A discussion of why you think the function of your company has influenced the capital structure of the company. In other words, is the firm’s capital structure a logical consequence of it corporate activities? o HOW DOES THE CAPITAL STRUCTURE OF YOUR FIRM DIFFER FROM THE CAPITAL STRUCTURE OF THE COMPANIES FEATURED IN YOUR 1ST AND 2ND CASES? IF IT SIMILAR OR THE SAME, WHY? • Excel Spreadsheet – 2 years of data to be obtained from SEC/Edgar and/or the company website since these are the primary sources for financial data. In other words, don’t necessarily trust Yahoo! Finance or MSN Money. o Calculate the Company’s: ? ROE and ROA ? Profit Margin (net income/total operating income) ? Asset and Liabilities Structure (i.e., debt/equity ratios, special asset classes, special liability classes, etc.) ? You are free to use other ratios and analysis techniques (i.e., DuPont Analysis) but only if you feel they are important in making a point in either your analysis or conclusions. Don’t add them just to impress me; I won’t be impressed. Maximum narrative length: 4 pages plus cover page and Excel file. Use cover page template, below (don’t get creative here. I want the cover ****EXACTLY**** as shown ON THE NEXT PAGE– with your info obviously): NAME OF INSTITUTION (Symbol) Headquarters Address Sector (Investment Bank, Asset Manager, Investment Fund, Brokerage) Market Capitalization Total Assets Profile (brief as reasonably possible) – you may use Yahoo! Finance, MSN Money, Morningstar or other source including the institution’s webpage.