Quick tips to solve Computer Science Assignment

Some quick tips to solve Computer Science Assignment

The word assignment often haunts us with several questions like-

How to improve my assignment? What to write? How to approach? etc.

Don’t need to worry anymore, we will provide you with some awesome and feasible tips to solve your Computer Science Assignment in very less time and will also help you to score good marks.

  1. Read the question carefully and gather information.

It is an essential part since Computer Science questions, especially from the Theory of Computation and Data structures, are often very tricky and tend to confuse the student. Reading some other theoretical concepts related to your assignment makes your base durable and helps to solve quickly. SourceScience Direct, libgen, and sci-hub are some excellent platforms. 

2. Check the deadline

Stick posts in your calendar or use any app that can add a “countdown” to your phone. Plan your schedule, and don’t wait for the last moment. Since you are a C.S

Students, so you should utilize technology in every instance. 

3. Ask For help if you need

Don’t shy to ask your tutor for any doubts or consult any discussion forum. Source- “Stack Overflow” and “Geeks for Geeks”

4. Deal the questions smartly.

You don’t need to solve the questions in the given sequence. First, try to solve the easier ones, and in the end, you will gain the confidence to solve the tougher ones.

Subjects like digital logic and DBMS often takes less time and can be solved faster.

5. Divide the assignment into manageable chunks

If it’s a huge assignment, then don’t try to solve the whole assignment at once. First, read all the questions at a glance and then read-only those topics that will answer your questions. You can also study a small part and then solve only those questions related to that part and repeat this approach until you answer all the questions. These tactics will help to remember the concepts and channelize them most appropriately.

6. Don’t mug up  

C.S stands from common sense.”

If you understand and read then, it is the easiest subject, but if you try to memorize without understanding, then it will be a nightmare. You can see some video tutorial on Youtube or some other sites to clear out your concepts.

Source-Edumanta, Neso Academy

7. Don’t beat around the bush

Computer Science teachers always expect to the point answers. If you don’t know something, then it’s useless to make voluminous answers with unnecessary stuff. This will not only help you to get good marks but also help you to solve quicker

8. Coding tips

In case of coding first, “dry-run” your code on a rough sheet and then try to execute it in your P.C. You can see some solved examples related to your assignment or can practice in different coding platforms.

Source- Codechef, Hackerrank, etc.

It is challenging to acquire these skills on your own but don’t worry EduManta is there for you.

Now the question arises, Why should you choose us?

– We provide on-time delivery and 24×7 service.

– Best quality is guaranteed since questions are solved by highly qualified experts who have excellent domain knowledge.

– Affordable price.

– A detailed solution is provided for every question, and we also provide telephonic or video assistance if you get stuck at any point.

– Plagiarism free.

We provide assignment help for all subjects. Please WhatsApp on +1 680-200-1343 or visit https://assignmenthelp.edumanta.com/

Oligopoly Market

Price War in Oligopoly Market

Oligopoly is an imperfectly competitive market form, where there are few sellers and a large number of buyers, and the product may be homogeneous or differentiated. Since there are few sellers, so there arises Conscious Rivalry among the firms. That is, if a firm takes any action or strategy, then it influences the act or strategy of its rival firm. This mutual interdependence leads to strategic interactions between the firms.

     When the firm’s strategies on their own without cooperating with its rival firms, or without any explicit or implicit agreement, then this leads to non-collusive oligopoly, producing ‘price wars’ among each other.

Case I: When the conjectural variation is zero, i.e., when a firm changes its price, it considers the price of the rival firm remains unchanged. Here, the firms’ objective is to maximize profit. The profit functions can be written in a duopoly case as,

                 Π1 = Π1(P1,P2)  and Π2 = Π2(P1,P2

Suppose the first firm assumes P2 as constant and selects P1 in such a manner that its profit maximizes. In this way, we get different combinations of P1 and P2, which gives the price reaction curves of the firms R1 and R2.

If the first seller’s price is P1, then firm two assumes that firm one will maintain P1 price, and so to maximize its profit, he chooses P2. Again, corresponding to P2, the first seller fixes his price level at P1‘, to maximize his profit. In response to this, the second seller fixes his price at P2‘ and thus, we see that with the advent of time, the price level approaches the equilibrium value E at P1* and P2*.

Case II: When conjectural variation is non zero, there arises the problem of price leadership. Naturally, the leader gets some advantage, as it sophisticatedly incorporates its rival’s reaction function and accordingly maximizes his profit. In this process of becoming price leaders, both the firms end up earning lesser profit. Because each of them is stuck to the assumption that other’s behavior is governed by his reaction function, but in fact, neither of the reaction function is obeyed. As a result, both the sellers lose in this non-cooperative strategy, and a price war is inevitable. 

        The fact that the leader gains and the follower lose has the possibility that both the sellers will aspire to be leaders. If this happens, we get disequilibrium where both the sellers land into much worse positions. Considering the following pay-off matrix, the strategy ‘Leader’ is the dominant strategy for both the sellers, but as a result, they are worse off than the (Follower, Follower) strategy.

1st Sellers’ Strategy2nd Seller’s Strategy
LeaderFollower
Leader(2,2)(10,1)
Follower(1,10)(5,5)

This act of price leadership, leading to a price war, ends when one of the firms surrenders and agrees to act as a follower, or a collusive agreement is reached with both the firms.

For more such insightful writings, feel free to connect with EduManta, which brings some young talents to guide you with the best of their knowledge and understandings in your concerned field. Visit: http://www.assignmenthelp.edumanta.com/ for assignment help and tutoring.

Assignment Solution Tips

Quick tips to solve Assignments

“You failed in your previous assignment!”

This kind of statements often haunts us with several questions like:

How to improve my assignment? How to approach? What to write? Etc.

So, numerous websites or articles will answer your questions. Most of the tips you can find are just some trivial statements that are of no use in real life. Solving any assignment is very time consuming, and Students can use this saved time for exam preparation, extracurricular activities, etc. If a student doesn’t have much time for his/her assignment, then we will provide you with some excellent and feasible tips to solve your Assignment in very less time.

  1. Read the question carefully and gather information.

It is an essential part of questions that are often very tricky and tends to confuse the student. Reading some other theoretical concepts related to your assignment makes your base durable and helps to solve quickly.

2. Check the deadline

Stick posts in your calendar or use any app that can add a “countdown” to your phone. Plan your schedule, and don’t wait for the last moment.

3. Ask For help if you need

Don’t shy to ask your tutor for any doubts or consult any discussion forum. It’s better to clarify it at the start than to re-write in the last few days.

4. Deal the questions smartly.

You don’t need to solve the questions in the given sequence. First, try to solve the easier ones, and in the end, you will gain the confidence to solve the tougher ones.

5. Divide the assignment into manageable chunks

If it’s a considerable assignment, then don’t try to solve the whole assignment at once. First, read all the questions at a glance and then read-only those topics to answer your questions. You can also study a small part and then solve only those questions related to that part and repeat this approach until you answer all the questions. These tactics will help to remember the concepts and channelize them most appropriately.

6. Don’t memorize 

It has often been noticed that the students tend to memorize the terms and formulae without adequately understanding the fundamental concepts. Thus, when the time comes for an analytical solution, they are unable to solve the questions. So you should always spend time on one topic first before jumping on to the next one.

7. Don’t beat around the bush.

Teachers always expect to the point answers. If You don’t know something, then it’s useless to make voluminous answers with unnecessary stuff. “To the point,” the answer will help you get good marks and help you solve quicker.

“Are you still spending hours preparing your economics assignments and still struggling to get the indented results?”, then seek Assignment Help at  https://assignmenthelp.edumanta.com/

Data Science Assignment Tips

How to successfully write Data Science Assignment?

Where will I come across Data Science assignments?
As a college student, if you are pursuing a degree in Computer Science, Economics, MBA, Statistics, or any related field, you will be coming across the subject of Data Science. In simple terms, Data Science involves using various computational software to draw insights from a dataset. Understanding the data for making decisions is one of the prime characteristics expected from a Data Scientist.

Personal and Professional Skill Sets
As a student aspiring to write and solve a Data Science assignment successfully, one must develop some personal and professional skill sets. It would help if you had a curious mindset, ask yourself whether you are excited to know what this dataset speaks of. You should have the ability to question; this will immediately give you a context to analyze and framing your report. Your curious mind is essential for a good data science assignment. You have to pay heed to minute details, have clarity of understanding. Along with the knowledge in statistics, what is also required is your ability to communicate your results.

Getting Started with the Assignment
When you get an assignment in Data Science, the first thing that you should do is read the questions thoroughly. Some assignments might ask you to be creative; some may ask you to be very specific. Understanding what has been asked for is of utmost importance. This overview would set your path to solving the assignment. Right after this, you, as a student, should immediately recollect the concepts and methodologies that you might need to solve the questions. Drill down to specific concepts, and then finally decide the tool or software that you would like to use.

Before starting to solve the assignment, begin by exploring the dataset that has been given. We prefer using R. There are many packages in R that help you get an exploratory overview of the dataset delivered. Check for invalid data, missing data, and any outliers or errors present in the dataset. Correcting them before the assignment is very important. Understand the type of variables that have been used whether the data is a categorical, nominal, ratio scale, interval scale, ordinal. Understanding the kind of variables will help you in analysis and also visualization. You might want to try creating some basic visualizations as well before getting into the analysis.

Analyzing the dataset
Stick to the basic concepts and start solving the questions. One major question that arises in students’ minds is the clarity of which is the dependent variable and an independent variable. This typically becomes important while running regressions. Be through with standard statistical tests and how they are to be performed using the software. Pay extra attention to units of measurement of variables. Ordinal variables and coded variables typically become a bit complex during interpretation. Make sure to take care of this.
Communicating the results
Communicating your findings is of great importance. This means you have to pay heed to the interpretation of your data analysis results. Keep it short and to the point. Try connecting the interpretation with a write-up on how it is linked to the variables into consideration. This is where you might need some help initially from experts. The report writing contributes significantly to your marks. With experience comes the ability to join the dots between statistical results and real variable based analysis based on that. Make sure the report is well-formatted.

Challenges we may help you with
Students, at times, are unable to relate the theory and concepts with the dataset questions given. When exactly to go for a logit model, or which variables are to be used when you want to run a Chi-Square test in a dataset, is what experts can help you with. As you solve more questions, you will gain confidence. Report writing is another aspect where initially you might take help from experts. Once you get to rectify the errors you are making or see the examples of useful reports, you will eventually get the hang of what is expected of a data science assignment.

Your Future
Whether you solve it on your own or take help, Data Science assignments given at the college level is of great importance for a successful career ahead. So make sure to get it solved even if you alone cannot do it. It will be a game-changer directly or indirectly to your bright future.
So if you are still finding it difficult to adjust your skills to finish your assignments on time, we at Edumanta have a team of experts and educators who will guide you through your assignments. We assure you the best quality assignments and even better a fast delivery. Not just guiding you through solving assignments, but we also offer online tutoring 24*7 service. You will grace through with flying marks, gain knowledge, and eventually pave your way for a successful career ahead. Visit: https://assignmenthelp.edumanta.com/

How to improve your grades in college

Effective methods to improve your memory
“Memory is the treasury and guardian of all things and is the most powerful weapon.”

So, is it possible to improve your memory? If you’ve ever found yourself forgetting where you left your mobile or blanking out information on necessary tests, you probably wish that your mind was a bit better. Genetics plays a role in memory loss. However, research has shown that diet and lifestyle have a significant impact on memory too.
Here are nine scientifically proved and evidence-based tips to increase your memory naturally

  1. Make time for Meditation.
    Meditation calms down our body and mind and helps us to think precisely. Research suggests meditation may increase grey matter in the brain and improve spatial working memory. If You can’t meditate, then close your eyes and start back-counting from 1000-1.
  2. Focus Your attention
    Pay attention while studying, and try to avoid distractions. At first, its a bit tough, but through practice, you will be able to acquire it.
  3. Visualize Concepts
    An experiment shows that if we visually perceive anything, then it remains in our brain for long. So, try to make mnemonics and figures while studying or working.
  4. Take breaks in between and get adequate sleep.
    The brain is similar to a machine. So, please give it some rest to increase its efficiency. Research has shown that taking a nap after learning something new can help you learn faster and remember better.
  5. Rehearse and relate new information to things that You already know
    Revision plays a vital role in recalling stuff readily. By establishing relationships between new ideas and previously existing memories, you can dramatically increase the likelihood of remembering the recently learned information.
  6. Eat a balanced diet
    Your diet plays an essential role in improving your memory. Eat less added sugar, avoid spicy and oily food. Eat green veggies, fruits, and milk as much as possible. Research has shown that almonds nourish the white matter in our brain, and Vitamin D is also an essential nutrient that plays many vital roles in the body.
    Low levels of vitamin D have been linked to a host of health issues, including a reduction in cognitive function. Consuming a diet rich in anti-inflammatory foods may help improve your memory.
    1. Exercise
      Exercise brings incredible benefits for your whole body, including your brain. Even moderate exercise for short periods has been shown to improve cognitive performance, including memory, across all age groups. Obesity is a risk factor for cognitive decline. Maintaining a body mass index within the normal range may help you avoid a host of obesity issues, including an imperfect memory.
    2. Train Your brain
      Exercising your cognitive skills by playing brain games like chess, crosswords, Soduku, etc. is a fun and effective way to boost your memory. Games that challenge your brain may strengthen your mind and may even reduce the risk of dementia.
      1. Avoid smoking and drinking alcohol
        Alcohol and tobacco have neurotoxic effects on the brain, including reducing memory performance. Occasional moderate drinking isn’t an issue, but binge drinking can damage your hippocampus, a key area of your brain associated with memory.

Edumanta provides a mentor who can guide You in a better way.
Visit https://www.edumanta.com/

What Assignment help play critical role.

           What is the importance of an assignment?

The first thing that comes to our mind when we hear about the assignment is that it is a complete waste of time. Writing assignment is something, which is almost disliked by every individual reading this blog. However, this concept is entirely wrong. Teachers deliver the necessary knowledge and information to students, which helps them understand the topics related to various subjects. As a teacher, it is not acceptable behavior to present everything to their students and pamper them. This effectively harms the learning competencies of students, and thus education becomes meaningless to them. Therefore, with the help of assignments and homework, students are expected to learn at home. Many of us might still question why we are given assignments, and what is the primary purpose behind it?

Well, let me tell you some positive aspects of an assignment.
• It helps You to invest your time wisely.
• It allows You to explore more topics in-depth, which standard classroom time doesn’t permit.
• It helps to maintain continuity in your studies and provides an excellent medium to revise your subjects before the exam.
• Teaches you to work independently and to take responsibility for your work.
• It helps you deal with deadlines in a real-life scenario and teaches You to use your time effectively by building a proper schedule.
• It lets you learn how to use tools such as E-books, research materials, and computer software to find knowledge and implement it smartly.
• Teaches You to implement your knowledge outside the book
• It gives You a feel for your real exam and trains you to do better in the
review.
• The primary purpose of assignments is to increase the learning capabilities of students. The more we use our brains, the more they develop. This is a proven scientific fact, and this is the principle behind giving extremely creative and involving assignments to the students. Students learn a lot more when they read or practice something by themselves.

If you still think that assignment is a total waste of time, then its time to change your thoughts if you want to succeed in your future. An assignment is a needful and an essential part of our education, and it’s better to adapt it instead of opposing it. It may be challenging to adjust the skills initially, so Edumanta brings you top-tutors and mentors who will guide You to solve your assignment. We provide a 24×7 service. We also have the facilities of online tutoring where you can ask your doubts regarding your assignment.
You can visit https://assignmenthelp.edumanta.com/, and everything will be a cakewalk for you.

How to Write Good Assignment

12 Tips for writing a well scoring assignment?

“The deadline of this Assignment is tomorrow.”

This statement often haunts us with several questions.

  • How to complete it within time?
  • What to write, and how shall I proceed?
  • How to get good marks? etc

So don’t PANIC. We will provide you some excellent tips to score well in your assignment. Read this carefully until the last line if you want to make a beautiful impression towards your teacher and improve your grades.

Before Starting

    “You start, and you move one step towards success.”

 1. Read the question carefully

        It often happens that the question is a bit tricky to confuse the students, so do some reading from other resources similar to your assignment to gain valuable insights into the topic

2. Check the deadline and plan your schedule

Stick posts in your calendar or use any app that can add a “countdown” to your phone.

      Try to break this entire time into manageable chunks and try scheduling smaller deadlines; this helps you to nullify any extra delay in the meantime

3.Plan the overall structure or backbone

      Make a prototype of your assignment which will include the key points

4. Ask for help if You need

     Don’t shy to ask your tutor for any doubts. It’s better to clarify it at the start than to re-write in the last few days

While Writing

5.Introduction

   Your first paragraph should introduce your key argument and critical aspects of the question. This is an integral part of your assignment-“First impression is the last impression.”

6. Frame Your argument

 while writing the body provide statistical evidence or empirical results to support your case.

7. Make sure to use a formal tone and correct words

   Every university, school, college has its style guide. It would be best if you always used a neutral and professional tone while writing an assignment. Slangs and colloquial language should be avoided

8. Don’t beat around the bush

   It’s a common tendency of students to fill the gap with rubbish. That should not be the case.”To the point,” answers are always better than an irrelevant voluminous answer. If You want you can add figures or mathematical plots relevant to your answer

9.Conclusion  

     Your conclusion has to take a definite stand and summarize all your argument leaving the last impression to your reader

After Finishing

10. Make sure you have answered all of the questions

   Sometimes it happens that the students overlook and miss certain sub-questions or any extension of a particular question. Read each paragraph, assess whether it answers the question, and check whether it contributes to your overall argument

11. Check and double-check your spelling and word counts if mentioned

  Spelling mistakes give a terrible impression, and sometimes it may eclipse your central concept. So you can turn on your spell-checker and your word count too to keep a track

12. Give references to get rid of plagiarism

   References should be along the guideline provided by your institute and avoid blindly “copy-pasting” the stuff.

So it’s challenging to nurture these skills and to apply it on your own. EduManta provides you with the top-tutor who will guide you in completing your assignment. If you have forgotten to start your homework and need to submit as soon as possible, then EduManta is the savior. It has a 24×7 service and can also provide you the best solution for your assignment even at the 11th hour and guarantees the answer to be plagiarism-free. We offer affordable services and timely delivery. We are very much authentic and won’t take the remuneration until and unless you get good marks.

“Investment in Education pays the best Interest.”

So if You want to apply these skills and to get good marks in your assignment. Then visit https://assignmenthelp.edumanta.com/

Assignment help for M. Sc. Finance

CFA Research Report Rubric

Business Description:  Max points 5

Did team address the major components of the company’s business strategy?  Was each operating segment covered? What does the business do? What is the growth of the business? Who their customers (end users) and what is their condition? Make sure you cover each business unit.  Make sure you cover each region of business. Maybe: the major shareholders here.

This section of the report sets the baseline for the rest of the report. Make sure we study each business section and each geographical market in detail. Try to determine where and (if) growth is coming from.

We will use a levered beta for each business segment and ERP for each business region. We will determine weights. 

Industry Overview and Competitive Positioning:  Max points 15

What are the macro trends impacting the business? Discuss how the company is positioned globally and discuss the global environment for growth? What are the factors affecting the industry and how do they impact the target company? What is the overall market growth rate? Who are the company’s main competitors? How is this company different than their competitors? What is the power of suppliers? What is the power of the end-users? Does the company have any competitive advantage? Must show peer analysis. What are the industry drivers and industry structure? A very detailed discussion of the companies competitive positioning should be placed here (not in the investment summary). A strong discussion of industry factors and trends is needed here. Where does company fit? How fragmented is the industry? Locate both public and private competitors.  What is the source of the company’s or industry’s value?  What factors drive the industry? Really, understand how the business runs.

How does this company differential itself?  How does that add value? Talk about the company’s peers. Where does company fit?  Porter 5 forces and SWOT.

Investment Summary: Max points 20

This section must tie in to all others and must really support the buy or sell opinion.  Why did we use what we used?  Why does company trade at a discount or premium to the market multiples?  It the market wrong.  Will their historical multiple change? Why? We really need to have a “why” for each item.  Never use a DCF and market multiple exit together.  One or the other.  This section, and the next two, has the highest maximum points on the rubric. Great detail is needed on these three sections. The team must address and justify its buy (outperform or overweight), hold (neutral), or sell (underperform or underweight). Somewhere in this paper I would like to define our view of what a buy, sell, or hold means. Detail! Did we address and forecast changes in gross profit margin, operating profit margin, interest expense, tax rate, dividend policy, share buyback policy, capital expenditures, research and development spending, management changes, and mergers and acquisition possibilities? Is this a good company? Is this a good stock? Differentiate between these two positions. This could be a good spot to mention risks. Don’t just list the risks; try to quantify the probability and the impact of occurrence. Use and incorporate managements language from their earnings calls. What is management’s guidance for revenue and EPS; does our estimate deviate from management? Why?  Fewer inputs are better, no black box.  What are the key drivers?

Valuation: Max points 20

According to Aswath Damodaran the big three in valuation is 1) capacity to generate cash flows 2) expected growth rate of these cash flows and 3) uncertainty of these cash flows. Must model long-term organic growth given recent business trends. What are the weights of each valuation method; how did the team determine the weights. Must have a relative value valuation, a discounted cash flow valuation, and a PE multiple valuations. If applicable, team could use a sum of the parts valuation or an under value asset valuation. Must have multiple pricing models to improve the target price and valuation. Must show intrinsic value in our one-year price target to justify our buy, sell, hold. Show multiple methodologies! Discuss WACC. What is the consensus estimates? How does our estimate relate?  Do we value company with a higher P/E multiply than the street? Why? When using a DCF model do not have a terminal growth rate greater than the risk free rate. Some companies may grow at a faster rate long run than the risk-free rate but it is infrequent. Lower the risk rate during the terminal growth period.  Betas tend to run towards 1 in the long run. Also think about changing the debt weightings during the terminal period to a more traditional waiting. When working with beta we can use historical information, but it might be better to use some other forward-looking beta estimate. We could use a sector average or we could look at each business segment and assign a beta to each segment and use a weighted average. What are the company’s historical PE multiples. Compare the historical PEs to the S&P and to the sector. Doesn’t typically price at a PE multiple premium or discount? Where does it stand now? Describe how you determine the weights when using several valuation methods. For relative valuation I would like to see current PE, forward PE, price-to-book, enterprise value to EBITDA, and enterprise value to sales compared to the target companies competitors and peers. We should consider using the median value instead of the average or show both. We should consider throwing out outliers, but discussing our rationale. Intuitively, firms with higher growth rates, less risk, and greater cash flow potential should trade at higher multiples. Does our company justify a higher or lower multiple than the averages? In the simplest discounted cash flow model for equity which is stable growth dividend discount model, the value of equity is: Po = D1/k – g . Dividing both sides by net income (E) we obtain the discounted cash flow equation specifying the PE ratio for the stable growth firm. The key determinants of the P/E ratio are the expected growth rate in earnings per share, the cost of equity, and the payout ratio. All things remaining equal, we would expect higher growth, lower risk, and higher payout ratio firms to trade at higher multiples of earnings and firms without these characteristics. 

For relative valuation can we look at the companies PEG ratio versus its peers or sector? The key to relative valuation is finding comparable firms and adjusting for differences between the firms on growth, risk, and cash flows.

I would love to come up with a regression analysis with a macro-variable.  Multivariate regression model (etc. P/E should be x based on ROE, P/B,) for relative valuation. 

Smoothed or normalized earnings to account for cyclicality.

Are there unutilized or underutilized assets?  Add values because they do not show up in DCF.  Underfunded pension liability? Option values? If our intrinsic valuation is significantly off the market price, we really need to have a justification.  Monty-Carlo simulation on macro factors.  Always site references.  Dividends, share repurchase, acquisitions, cap-ex, R&D, debt pay down, what are they doing with cash? How does that effect price and value?  Is this good or bad?

Calculate ROC EBIT (1-t)/ BV of debt + BV of equity – cash.  What is ROC – WACC?  Is it positive?  That is the company’s competitive advantage.  Where do these excess returns come from?  Adjust ROC and BV for research and development costs; capitalize R&D.  Did the company have write-offs?  Write-offs will improve ROC; it will be overstated.  Take write-offs out. Goodwill may understate ROC; try to adjust.  Make sure leases are in book value of debt.

Was the last year’s EBIT a one-time event? Can we normalize EBIT?

Does the company take on good projects? This is the key to success with their future reinvestments. In 1/3 of all companies, ROC is less than WACC.  1/3 ROC = WACC and 1/3 ROC > WACC.  Do not be overwhelmed if ROC = < WACC. Remember, ROC is an accounting number. Is the accounting is misleading?

DCF.  Capital expenditures, acquisitions adjusted research and development and changes in working capital are cash outflows. Depreciation and amortization are cash inflows.

Capex depreciation analogy, calories consumed vs. calories burned off.

Cost of debt.  Try to create a synthetic rating using interest coverage ratio and NYU page.  Then apply appropriate spread.  Always use market values for equity and debt.

Financial Analysis: Max points 20

Be consistent. What do financial ratios mean for the business? How do they compare to the competitors? (Without comparing to competitors ratios are meaningless) Compare ratios to companies past; is there a trend? Looking for what the future holds. Ratio analysis must be compared to peers and the company’s trend. What is the financial model and scenario analysis? Monte Carlo simulation? Make sure to model of future financing needs.  Really, need to put it all together here. Peers? Did were spend enough time segments?

Investment Risks: Max points 15

The team should highlight all risks including risks other than economic, such as political, operational, and execution. Interest rate risk, leverage risk, integration risk, and risk of management change are crucial to this section. Also, cover inflation risk such as the company’s input costs and if the company would be able to cover this cost by raising prices.  Explain each risk the industry faces and how it effects company.  How serious is this risk (high, med, low).  Try to get something in each section of the rubric that is not in the standard 10-k filing.

Credit, liquidity, strategic, operational risks.

A failure to integrate acquisitions successfully. Pricing pressure from large customers. Rising interest rates. Macro – headwinds. Unfavorable regulatory policies. Unfunded pension liabilities – pension fund spending.

Corporate Governance: Max points 5

Describe and highlight the board structure in executive compensation. Try to do an analysis on how “good” the company’s corporate governance actually is. Discuss structure, independence and compensation of the board. Try to include an external metric on risk.  Are they better or worse than peers are?  Does this help or hurt valuation? ESG.  Any major changes here? How does change impact valuation?

Oral presentation

Try to have all members provide some answers. Be very prepared to talk about the company’s competitors. Stay on time!  Example: we mentioned that MTB had a good corporate governance policy.  They asked, “Is it better than their peer group?” They then asked, “How does that add valve to stock?”

Questions

What company acquisitions were good and bad? Were they accretive or dilutive? Were estimated synergies accomplished?

What is the company’s dividend policy? Do you see this changing going forward?  How about buy backs?

What are the company’s competitors how is their performance?

How does the currency exchange rate impact the company? How would a change in the exchange rate impact the company? Is currency exchange listed in the risk section?

Is management confident?

Does the company allocate capital correctly?

What is the company’s competitive advantage?

How much money does the company have in other countries?

Assignment Help for Business Plan

Part I: Written Business Plan should be no more than 10 pages in length, excluding appendices.

The plan should carefully follow the outlines provided in the sample.

Part I of your business plan should include the following:

  1. Title Page
  2. Table of Contents (include in Part II)
  3. Executive Summary (include in Part II)
  4. Vision and mission statement
  5. Keys to Success
  6. Company Overview/ Summary
  7. Company Ownership
  8. Company Locations and Facilities
  9. Products and/or Services
  10. Competitive Comparison
  11. Future Product and/or Service Opportunities
  12. Market Analysis Summary
  13. Market Segmentation
  14. Market Needs
  15. Website Marketing Strategy
  16. SWOT Analysis

 The Written Business Plan should be carefully written, clear and logical in its presentation.

A sample of a Business Plan is located in the next document.

Criteria:Possible ScoreTitle Page – 5 pointsTable of Contents – 5 pointsCompany Description, Vision, Mission, and Keys to Success (Objectives) – 25 points
Organization – 25 pointsDescription of Products and Services – 30 pointsDefinition of the Market – 30 pointsMarketing Strategy – 30 points


Part II, written business plan, should be no more than 5-7 pages in length, excluding appendices.

The plan should follow carefully the outlines provided in the sample. Part II of your business plan should include the following:

  1. Sales Forecast (table format)
  2. Organizational Structure
  3. Competitive Edge
  4. Marketing Strategy
  5. Breakeven Analysis
  6. Projected Profit and Loss (table format)
  7. Projected Cash Flow (Cash Flow Forecast table format)
  8. Projected Balance Sheet (table format)       

The business plan should be carefully written, clear and logical in its presentation.

A sample of a Business Plan Part II is located in the next document.

You will also find a copy of the grading sheet for the Business Plan Part II.

Criteria
Possible ScoreExecutive Summary – 20 pointsOrganization & Management – 30 pointsSales Strategy – 40 pointsFinancial Management – New Business – 60 points

Advanced Studies in Econometrics

ECON 8820: Advanced Studies in Econometrics

You may work in groups on the assignment, but you must write up your own answers in your own words.
See the course profile for information on the due date of this assignment and penalties for late submission.

  1. Suppose that U is uniformly distributed on [0, 1] and X is continuously distributed as some distribution
    FX(·). Show that Y := F
    −1
    X (U) is also distributed as FX(·). (Or, X ∼ Y , i.e., X and Y are

distributionally equivalent.)
(Answer) You may start from the definition of the CDF. Here is an alternative method that uses the
change of variables. Let g(U) := F
−1
X (U). Then, g
−1
(Y ) = FX(Y ) and ∂g−1
(y)
∂y = fX(y). So,

fY (y) = 1(FX(y) ∈ [0, 1]) · fX(y)

on y ∈ Y, which is the support of X

  1. The dataset D in the matlab data file dataHW2.mat contains information on T = 50 markets, each with
    J = 5 differentiated products. The first column indicates each market t = 1, . . . , T, the second column
    indicates each product j = 1, . . . , J. The third column shows market share Sjt for all (j, t). The fourth
    to seventh columns are observed characteristics xj = [1, xj1, xj2, xj3], which vary across products but
    not across markets. The eighth is the price pjt. The other columns, say zjt, collect all the variables,
    including xj , that are correlated with the price but not correlated with unobserved characteristics ξjt.
    1

Consumer i’s utility of purchasing product j in market t is represented as

uijt = x
0
jβit + αitpjt + ξjt + εijt

and we assume that consumer i chooses one (and only one) product (including the outside option that
gives utility ui0t = εi0t) that gives the largest utility in market t. Assume that {εijt} are i.i.d with the
type I extreme value distribution so that the probability of consumer i of choosing j is

Pijt =

exp(x
0
jβit + αitpjt + ξjt)
1 + PJ
̃j=1 exp(x
0
̃j
βit + αitp ̃jt + ξ ̃jt)

where pjt and ξjt are potentially correlated, but the dataset does not have ξjt. Assume that

βit
αit
iid∼ N (μ, Σ)

across all i and t where μ is a 5 dimensional vector and Σ is a 5 ×5 symmetric positive definite matrix.
Using the BLP method, estimate the structural parameter θ := {μ, Σ}.
For this exercise:
• Report optimal GMM estimates for every element in μ and Σ.
• You do not need to report standard errors, but discuss in detail how you would compute them.
• Use a tight tolerance, e.g., 1e-13, for the inner loop (fixed point), and use a sufficiently large
number of iterations for the outer loop (evaluation of the GMM objective function)
• Employ 1,000 draws for the simulation of the random coefficients (β
0

it, αit), using the same ran-
domness for every iteration of the outer loop.

• Comment your codes in detail.
• Submit your codes.