Solve the problem below, calculate the ratios, interpret the results against the industry average, and fill in the table on the worksheet. Then, provide an analysis of how those results can be used by the business to improve its performance.

Balance Sheet as of December 31, 2010
Gary and Company
Cash	$45		Accounts payables	$45
Receivables	66		Notes payables	45
Inventory	159		Other current liabilities	21
Marketable securities	33		Total current liabilities	$111
Total current assets	$303
Net fixed assets	147		Long Term Liabilities
Total Assets	$450		Long-term debt	24
			Total Liabilities	$135
			Owners Equity
			Common stock	$114
			Retained earnings	201
			Total stockholders’ equity	315
			Total liabilities and equity	$450

Income Statement Year 2010
Net sales	$795
Cost of goods sold	660
Gross profit	135
Selling expenses	73.5
Depreciation	12
EBIT	49.5
Interest expense	4.5
EBT	45
Taxes (40%)	18
Net income	27

1. Calculate the following ratios AND interpret the result against the industry average:

Ratio	Your Answer	Industry Average	Your Interpretation (Good-Fair-Low-Poor)
Profit margin on sales		3%
Return on assets		9%
Receivable turnover		16X
Inventory turnover		10X
Fixed asset turnover		2X
Total asset turnover		3X
Current ratio		2X
Quick ratio		1.5X
Times interest earned		7X

2. Analysis:

Give your interpretation of what the ratios calculations show and how the business can use this information to improve its performance. Justify all answers.

Choose a current article from The Wall Street Journal, Forbes, or Fortune and write a one-page summary. Demonstrate how the article connects to business areas within economics, law, ethics, and society. You should focus primarily on the ethical issues stemming from your article’s topic (e.g., Samsung’s Lee Jae-yong convicted of bribery and embezzlement) and potential ways to resolve the issues. Include your name, course number, and the course name. Also, include the title of the article and name of the news source.

1st Final draft has feedback that I will need you to work on for the second draft. Thanks.

Using the information contained in the End of Program (EOP) Manual (2014), chapter 2, compose a second complete capstone draft . Submit including a title page and three references related to your proposed topic. Ensure that the references are from peer-reviewed journals, government sources, other appropriate academically acceptable sources, or some combination thereof.

THIS PROJECT ONLY NEEDS TO BE REVISED SCORING GUIDE AND PAPER ARE ATTACHED

Marissa mayers case study Business CapStone Project

OVERVIEW

For this project, you will analyze a business case and make recommendations based on the outcome of your analysis. The goal is to demonstrate strategic critical thinking skills when analyzing a business scenario, taking all factors into account, and recommend a strategy to move that company forward. Your analysis and recommendations should flow together, providing your readers with a clear picture of the issues at hand and leading them to the logical conclusion of your strategic recommendations. Your case analysis should be designed for an audience of working adults who are seeking to improve their understanding of your chosen topic.

CASE TOPIC

The case you will analyze is included in your text, specifically, “Case 30: Yahoo! Inc.: Marissa Mayer’s Challenge,” pages 30-1 to 30-12. In preparation for your case analysis, read “Guide to Strategic Management Case Analysis” in the text, which provides valuable advice on how to analyze a business case. As you develop your analysis and recommendations, use the tools provided in your text to guide you. Also, consider the information and knowledge you are acquiring and think about how you can apply this in your current professional work.

Reference

Pearce, J. A., & Robinson, R. B. (2015). Strategic management (14th ed.). New York, NY: McGraw Hill.

PROJECT OBJECTIVES

To successfully complete this project, you will be expected to:

1. Solve problems within professional standards.
2. Plan strategically for domestic and global environments.
3. Employ high-performing business management techniques.
4. Use appropriate financial models and principles to support decisions.
5. Communicate effectively.
6. Create organizational value.

Project Requirements

To achieve a successful project experience and outcome, you are expected to meet the following requirements.

• Content and flow: In your final submission, be sure that the:
  • Structure is evident, understandable, and appropriate.
  • Main and supporting points are easily identifiable, plausible, and clear.
  • Paper employs a minimum of four reputable sources to support main points.
  • Logic is identifiable, reasonable, and sound.
  • Paper includes at least two charts, graphs, or visual aids to support your points.
  • Transitions from point to point are excellent and paragraphs support solid topic sentences.
• Number of pages: Your final paper must be 6–8 pages, excluding the title page and reference list.
• File format: Be sure to submit your paper in Microsoft Word format.
• Style and formatting: Use proper APA sixth edition style to cite and reference your sources. Also follow APA formatting guidelines for the layout of your paper. Refer to the Capella Online Writing Center’s APA sixth edition style and formatting module on iGuide for more information.
• Written communication: Written communication should be free of errors that detract from the overall message.

Using newspapers, trade press publications, or other sources, locate a current example in which an organization’s compensation strategy or policy was ineffectively designed or otherwise inappropriate. Examples might revolve around pay secrecy, weak performance-bonus links, or paying overlapping incentives. Write a 1- to 2-page paper in which you explain the origins and reasoning behind the compensation policy, and then answer the following questions:

• What negative effects did the company suffer as a result? How could the compensation strategy have been more properly planned or structured and how would that have mitigated the negative effects?