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Weekly Participation Question: #2
Hey class!
Finance is the heart and soul of any enterprise. It plays a vital role right from the establishment of a business to play an important role in driving its growth. Business finance refers to funds availed by business owners to meet their needs that may include commencing a business, obtaining top-up funds to finance business operations, obtaining finance to purchase capital assets for the business or to deal with a sudden cash crunch faced by the business.
Briefly discuss what you are you hearing/seeing in Business Finance News addressing the questions below.
- Look at Business Finance news (any viable source)
- Include a brief discussion of the following.
- “Publicly Traded/NYSE (New York Stock Exchange)” Business Name: Why did you choose this business? (3-5 sentences min)
- CEO or CFO Name: Read in business news about this person. Do you like or dislike? Why? (3-5 sentences min)
- What does the company do? Oil? Entertainment? Manufacturing? (3-5 sentences min)
- What was their “Operating Income,” “Gross Profit” and “Total Revenue” for 2021 or the closest year you can locate? Do you see any concerns about their current financials? (3-5 sentences min)
- Go to http://finance.yahoo.com/ (Links to an external site.) and input the “company name” or “symbol” in the “search” bar.
- What is the current NYSE stock price of the company?
- What is the stock’s 52 Week Range price?
- Is this a stock you would buy? Why or why not? Hint: Look at the “Analyst are Saying” section under the “Summary” tab. You can also look at the “Historical Data” and “Analysis” tabs to understand if it is a good buy or not. (3-5 sentences min)
There are NO restrictions on the kind of business you can address with these questions. It can range from Entertainment, Medical, Banking, Real Estate or Automotive. All I ask is that you use a viable/trustworthy news resources such as MSNBC, CNN or Fox News (for example). Also, there are NO real wrong answers. Read about this business and treat it as though you’re researching to invest money into as a CEO/CFO or Investor.
The purpose behind this exercise is to begin to open your eyes to the kinds of businesses that are out there and gain a better understanding of them from a financial perspective. Also, if you have an idea of the kind of industry you would like to work in, please use this weekly exercise to investigate companies you would be interested working with. By doing research on a company prior to interviewing with them may be a crucial component to helping you find or even land the job you want.
In order to receive full credit please also respond to at least 2 of your peer’s posts . When responding, please include what you liked or found interesting about the peer’s post. Please be respectful of others views and/or opinions.