course syllabus
b l e n d e d
m o d e l
instructor version
evening classes
MBA 651
Financial Management
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Cover
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course
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learning
outcomes
Benedictine Hallmarks 2011-2012
STABILITY  STEWARDSHIP
IDEA
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course syllabus
Addresses the educational
needs of adult students by
developing and providing
engaging, relevant and
accelerated programs.
blended model
MBA 651
Enhances scholarship,
leadership skills, social
responsibility, and promotes
life-long learning.
Provides high-quality, easily
accessible educational
opportunities for adult
learners.
Enables adults to earn
specific undergraduate and
graduate degrees while
maintaining their personal and
professional commitments.
Financial Management
instructor version
Develops new degree and
non-degree programs that
address the expressed needs of
the professional community.
content links index
about this document
about Moser College
about blended learning
hallmarks of a Benedictine education
student expectations
attendance policy
financial aid
submission of work
library resources
services for students with disabilities
Academic Honesty Policy
APA formatting and style
netiquette
course overview
required textbooks
grading scale
IDEA objectives
IDEA description
learning outcomes
course schedule
Moser College Mission
Statement: Moser College
embodies the values of respect,
excellence, collaboration, and
professionalism. We are
committed to delivering
innovative and dynamic
programs designed for adult
students who are dedicated to
enhancing their professional,
local, and global communities.
Moser College Vision
Statement: To be one of the
premier university colleges in
the nation.
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience
Discipline  Humility  Stewardship  Hospitality  Community
Benedictine
University
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about
expectations
Margaret and Harold Moser Center
1832 Centre Point Circle
Naperville, IL 60563
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course
overview
learning
outcomes
Phone: (630)schedule
829-6289&
IDEA
sessions
Fax: (630) 829-1375
moser college mission and vision
2
Content Links
Financial Management | MBA 651
About Your Program at Benedictine University – Moser College
About This Document
This is a hypermedia document – it has been built to mimic navigation on the
web. This document can also be viewed as a presentation or it can be printed
like a traditional document. We use this sort of document because it allows for
navigation links (hyperlinks) to text, graphics, audio/video, and the web. This
type of document also allows you to navigate in a nontraditional, nonlinear way
– by following the page links you are not bound to read or flip through the
document in any sort of order. This is yet another example of Moser College’s
commitment to advancements in technology and blended learning.
About Moser College
The Moser College of Adult & Professional Studies delivers its curricular
programs in a specifically designed structure deliberately oriented for working,
adult learners. The Moser College is committed to providing a learning
environment which extends beyond the classroom and is designed specifically
to meet the needs of its students and their employers by bringing a quality
educational experience without requiring the student to relocate or travel
extensively beyond their home area. Benedictine University's Moser College of
Adult & Professional Studies is fully accredited by the Higher Learning
Commission of the North Central Association of Colleges and Schools*.
* web path
Benedictine Univ
Academic Programs
Moser College
About Blended Learning
Blended learning is the integration of different learning environments: mainly the
online format with the face-to-face format, but may also include mobile learning.
Blended learning, also referred to as hybrid learning, relies on both the advantages
of digital/technology innovation and the methods of face-to-face instruction. At
Moser College, we use blended learning by combining asynchronous online
classroom sessions with a face-to-face classroom environment. We alternate
between the online session and the face-to-face session in 5-week courses, with
the A session being face-to-face and the B session being online.
hallmarks of a Benedictine Education:
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3
About
Financial Management | MBA 651
The Ten Hallmarks of a Benedictine Education
A Benedictine Education
Based on the Rules of Saint Benedict, a Benedictine
Education is based on the Benedictine Wisdom
Tradition that sets as its goals the transformation of the
Human mind AND Heart and has at its foundation “The
Ten Hallmarks of a Benedictine Education”.
The Ten Hallmarks
Each academic year Moser College will be celebrating
two of the Hallmarks. This academic year 2011-2012,
the Hallmarks Stability and Stewardship have been
chosen. The ten hallmarks are:
1. Love of Christ and Neighbor
2. Prayer: a Life marked by liturgy, lection and
Mindfulness
3. Stability: commitment to the daily life of this place,
its heritage and tradition
4. Conversatio: the way of formation and
transformation
5. Obedience: a commitment to listening and
consequent action
6. Discipline: a way toward learning and freedom
7. Humility: knowledge of self in relation to God,
others and creation
8. Stewardship: responsible use of creation, culture
and the arts
9. Hospitality: openness to others
10. Community: call to serve the common good
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Portrait (1926) by Herman Nieg
(1849–1928); Heiligenkreuz Abbey, Austria
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
4
Hallmarks
Financial Management | MBA 651
Student Expectations
Expectations of Students
In order to get the maximum use of the time available, it is expected that you
will:
•
Read the material to be covered in the class and complete required
assignments prior to attending the class/session;
•
Arrive/login to class/session prepared to participate actively;
•
Be prepared to actively participate in the collaborative activities of each
class/session; and
•
Always feel free to seek additional help from the instructor when the need
arises.
Attendance Policy
Students may not miss more than 25% of the live classroom sessions. Doing so
will result in an F for the course.
financial aid information
Submission of Work
All assignments are to be submitted into Desire 2 Learn (D2L) unless otherwise noted by instructor.
Assignments must be submitted by due date. Any assigned work submitted late for any unexcused
reason will receive a lowered grade. Please refer to your instructor’s late work policy located in D2L.
In the event that you miss an examination for due cause, arrangements must be made with the
instructor for a make-up examination. Important criteria concerning the submission of work:
•
Make-up examinations may differ from the original class examination.
•
Per University policy, assignments cannot be accepted by an instructor after the last day of the course.
•
Only discussions threads posted by 11:59 pm CST on the due date will count for grading purposes.
information concerning netiquette:
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
5
Expectations
Financial Management | MBA 651
Financial Aid Information
Applying for Financial Aid
A college education is one of the largest financial investments a family will make. We believe that an education
from Benedictine University will provide valuable returns throughout a student's lifetime. The Office of Financial
Aid is dedicated to helping students and their families make a Benedictine University education affordable. We
view the process of financing an education as a partnership. Although the student and his/her family have primary
responsibility for meeting college costs, Benedictine University, as well as the federal and state governments have
a variety of financial aid programs available to students who need financial assistance.
Types of Financial Aid
Benedictine University's Office of Financial Aid administers a variety of federal, state
and institutional programs of student financial assistance. All financial aid recipients
must maintain satisfactory academic progress in accordance with the published,
"Satisfactory Academic Progress Policy for Financial Aid Recipients.“
•
After completing the financial aid application process, the student will receive a
financial aid award notification letter. The award letter will include the
program(s) that the student is eligible to receive and the award amount(s).
•
Grants/Scholarships - Grants and scholarships are considered to be gift
assistance. This means the awards do not have to be repaid.
•
Loans - Loans are considered to be a form of self-help assistance. Loan programs
provide funds for educational purposes and are paid back with interest.
•
Employment - Part-time jobs on campus are available to students through the
University and Federal Work-Study program. Students working on campus
receive a bi-weekly paycheck.
•
Applying for Financial Aid – All students applying for financial aid are asked to
complete the Free Application for Federal Student Aid (FAFSA).
FAFSA – Free Application for Federal Student Aid
The FAFSA is required for all federal, state (Illinois residents) and Benedictine University need-based assistance.
It should be completed as soon as possible after January 1st. Applying online with FAFSA on the Web at
www.fafsa.gov is faster and easier than using a paper FAFSA. Have your completed U.S. Federal Income Tax
returns readily available when completing the FAFSA. Include Benedictine University's school code:
001767 so the results of your FAFSA application will automatically be sent to our financial aid office. Sign you
FAFSA with a Federal Student Aid PIN. Apply for a PIN at www.pin.ed.gov. If you are providing parent
information, one parent must also sign you FAFSA.
home
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course
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learning
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IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
6
Financial Aid
Financial Management | MBA 651
About Netiquette
What is Netiquette?
"Netiquette" stands for "Internet Etiquette", and refers to the set of practices which help to make the online
experiences pleasant for all involved. As you might expect, netiquette, like other forms of etiquette, is about
courtesy, manners, codes of behavior, protocols and respect. Netiquette primarily focuses on how we interact with
one another online, by being aware of: our use of language, others’ cultural background, conventional norms, and
other behaviors. Below you will find guidelines concerning the basics of online interaction. If it isn’t something you
would say or do in the face-to-face classroom, it is probably inappropriate in the online class as well.
Netiquette Basics
1. Follow the Golden Rule (“One should treat others as one would like others to treat oneself”)
2. Be ethical, fair, tolerant and mindful of others – avoid stereotyping, judgment and prejudice
3. Know the boundaries of particular cyberspaces – what is acceptable in a text or chatroom with friends may
not be appropriate in a classroom or in an online conversation with an instructor
4. Respect the time of others by: 1) using descriptive subject lines, 2) resizing images for the web, 3) providing
links instead of copying and pasting content, 5) using white space by inserting blank lines between paragraphs
and headers and 6) limiting your use of attachments
5. Copy the minimum number of people – it is tempting to send “email” or “message blasts” because it is easier
for the poster, but it is not easier for the reader
Inappropriate Online Usage
1. Avoid “flaming” – flaming is sending offensive, insulting or criticizing messages. This happens more often
online then in face-to-face interaction, because there is an illusion of anonymity.
2. Flaming is neither productive nor appropriate for the learning environment
3. Always avoid flaming when it comes to content and opinions, but also avoid it when it comes to grammar,
punctuation and spelling corrections
4. Avoid using CAPS if possible and never type messages in ALL CAPS – this is considered yelling and is often
seen as a form of aggression
5. Use emoticons ( :) , :( , :-) ) sparingly and avoid the use of JK, BRB, LOL and other text language
Confidentiality and Privacy
1.
2.
3.
4.
Email, messaging and posting are forms of written record and are just as permanent as a letter or document
Do not publicize your own or others’ personal information (such as email, phone numbers, last names etc.)
Respect copyright and cite any and all sources
Do not expect that your communications are private, instead assume all communications are public
For more information please review Netiquette by Virginia Shea
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
7
Netiquette
Financial Management | MBA 651
Resources for Success
Benedictine’s Library Resources
Benedictine University Libraries strive to provide the resources for all of your academic and research
needs. Providing access to over 120 databases, 200,000 books and eBooks, and helpful librarians 7
days a week, we are here to assist you in person and online.
The primary mission of the Benedictine University Library is to provide library resources and services
that support the Benedictine University community and meet its academic and research needs. To
support our mission, the Library has made provisions for all students to gain access to important
academic resources through the Benedictine Library Website. As you begin your academic journey
please take note of these key concepts that will affect that access:
•
Entry into academic databases and most Library resources must be made through the Benedictine
Library Website at www.ben.edu/library
•
Within one week of your official enrollment your patron information will be automatically entered
into the library system, where once entered, you will be able to check out books and access
databases
•
When off-campus you will be prompted by authentication software (a proxy server) to provide
your Library ID number and last name to access article databases and request books. This software
proxy server confirms that you are a current Benedictine University student and thus allowed
access
•
Your Library ID number is a combination of the Benedictine Library prefix 2281100 and your
seven-digit student ID number (also called your “b” number). Thus 2281100XXXXXXX is
the Library ID number with X’s being the seven digit student number. This number is prominently
located just below the barcode on your Benedictine ID card
•
For further information on any aspect of Library resources and access please call or write the
Benedictine Library Reference Desk at 630-829-6057 or libref@ben.edu. Please take note of
Library hours and staff directory located on the Library Website under About the Library and feel
free to contact us about any concern or need you might have
additional resources for student success:
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
8
Library
Financial Management | MBA 651
Resources for Success
University Academic Honesty Policy
The search for truth and the dissemination of knowledge are the central missions of a university.
Benedictine University pursues these missions in an environment guided by our Roman Catholic
tradition and our Benedictine Heritage. Integrity and honesty are therefore expected of all University
students. Actions such as cheating, plagiarism, collusion, fabrication, forgery, falsification,
destruction, multiple submission, solicitation, and misrepresentation are violations of these
expectations and constitute unacceptable behavior in the University community.
To access the complete Academic Honesty Policy, which includes student responsibility, responsibility
and authority of faculty, violations, reporting and communicating, responsibilities of the provost,
appeals, composition of the academic appeals board, procedures of the academic appeals board, and
records, please select the following link: www.ben.edu/ahp
APA Formatting and Style
All course assignments must use APA citation and formatting. This is a
mandatory requirement for all assignments, including discussions, if a
publication or other work is being referenced. For more information on
APA, please see the APA Style section at the website of the American
Psychological Association, linked here: www.apa.org/
APA resources for students: www.apa.org/about/students.aspx
Services for Students with Disabilities
Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act (ADA) of 1990
prohibit discrimination against individuals with disabilities by standing provision of reasonable
accommodations to make programs and activities accessible to qualified individuals with disabilities.
If you have a documented learning, psychological, or physical disability, you may be eligible for
reasonable academic accommodations or services. To request accommodations or services, please
contact the Student Success Center, Krasa Center - 012A, 630-829-6340. All students are expected to
fulfill essential course requirements. The University will not waive any essential skill or requirement
of a course or degree program.
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9
Other Resources
Financial Management | MBA 651
Individual Development and Educational Assessment
IDEA Objectives
•
Acquiring skills in working with others as a member of a team.
•
Developing creative capacities (writing, inventing, designing,
performing in art, music, drama, etc.)
•
Gaining a broader understanding and appreciation of intellectual/
cultural activity (music, science, literature, etc.)
•
Developing skill in expressing oneself orally or in writing.
•
Learning how to find and use resources for answering questions or
solving problems.
•
Developing a clearer understanding of, and commitment to, personal
values.
•
Learning to analyze and critically evaluate ideas, arguments, and
points of view.
•
Acquiring an interest in learning more by asking questions and
seeking answers.
IDEA Description
The IDEA student survey focuses on the instructor’s learning objectives for the course and on the
progress each student made toward achieving those objectives. By answering thoughtfully and
honestly, your ratings and comments will be much more helpful – to the instructor, the department
chair, and the dean of the college. As students, you should also know that student ratings and
comments have been used to help evaluate courses and to improve the educational experience at
Benedictine University. The appropriate standard of conduct with respect to student surveys is
thoughtful comments and constructive criticism – respectfully communicated.
A Focus on Learning
“The IDEA Student Ratings system looks at instruction in terms of its endgame. Rather than
emphasizing teaching style or personality, the IDEA system focuses on student learning and the
methods used to facilitate it.” – from the IDEA website: www.theideacenter.org/node/5
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
10
IDEA
Financial Management | MBA 651
Faculty Evening Course Overview
Course Description
Develops an understanding of financial theory and its application through case analysis. Topics include
capital management, operating and financial leverage, costs of capital, investment, and financing
decisions. Techniques for the evaluation of investment alternatives using net present value and internal
rate of return concepts are covered including the identification of cash flows relevant for capital
budgeting. Emphasis is placed on the application of these concepts to the valuation of a going concern.
Extensive use of proforma modeling of financial statements is made throughout the course.
Course Materials
Required Textbook and Materials
Brigham, Eugene F., & Ehrhardt, Michael C. (2014).
Financial Management Theory and Practice (14th ed.). Mason, OH: South-Western Cengage
Learning. ISBN 9781111972202
Technological Computer Requirements
Students in the Blended program will need: High-speed Internet access; a sound card and speakers;
Windows XP (minimum)/Windows 7 (recommended) or Mac OS X 10.5 or higher; and Firefox 3.6 or
higher. It is also highly recommended that students have access to a microphone or webcam for
optional audio/videoconferencing.
Discussion Forum Guidelines
The Course Grading Scale
A
=
4.00
90 - 100%
EXCELLENT
B
=
3.00
80 – 89%
GOOD
C
=
2.00
70 – 79%
SATISFACTORY
D
=
1.00
60 – 69%
PASS
F
=
0.00
BELOW 60%
FAIL
I
=
INC
INCOMPLETE
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To receive a minimum passing grade, students must
make a post to each discussion question for that
week by day 4 of each week and respond to at least
two other postings by the end of the week. Individual
Posts are worth up to 5 points and the total
Response Posts are worth up to 5 points total. Each
discussion will total up to 10 points.
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
11
Course Overview
Financial Management | MBA 651
Faculty Evening Course Outcomes Based in Bloom’s Taxonomy
Wk
Bloom’s
Level
Learning Objective
Benedictine Hallmark
and/or IDEA Objective
Assignment
Pts
1A
4 - Analyzing
Analyze the affect of sales
growth on a company’s
income statement and
balance sheet
Hallmark: Discipline
In-class group PBL assignment:
Chapter 2 Mini Case
20 pts
6 - Creating
Relate the information
presented in financial
statements to the well being
of a company
IDEA 3: Learning to apply course
material
Discussion question: Financial
Statements – post and 2 replies
10 pts
3 – Applying
Calculate income taxes and
operating cash flow
IDEA 3: Learning to apply course
material
Individual homework: Chapters 1
and 2 problems
20 pts
3 – Applying
Calculate the after tax cost
of various types of securities
IDEA 3: Learning to apply course
material
Individual quiz: Chapters 1 and 2
20 pts
3 – Applying
Calculate the market value
of a company’s bonds under
varying conditions
IDEA 3: Learning to apply course
material
In-class group PBL assignment:
Chapter 5 Mini Case
20 pts
5 - Evaluating
Explain the time value of
money concept and how it
relates to business and
personal decision making
IDEA 4: Developing specific skills
Discussion question: Time Value
of Money – post and 2 replies
10 pts
3 – Applying
Compute present and future
values of lump sums and
annuities
IDEA 4: Developing specific skills
Individual homework: Chapters 4
and 5 problems
20 pts
3 – Applying
Apply time value of money
concepts to various types of
fixed income securities
IDEA 3: Learning to apply course
material
Individual quiz: Chapters 4 and 5
20 pts
5 - Evaluating
Compare alternative
approaches for determining
weighted average cost of
capital and make a
recommendation on the best
approach
IDEA 2: Learning fundamental
principles
In-class group PBL assignment:
Chapter 9 Mini Case
20 pts
5 - Evaluating
Compare the CAPM to other
methods for valuing stocks,
and describe strengths and
weaknesses of different
methods
IDEA 3: Learning to apply course
material
Discussion question: Capital
Asset Pricing Model (CAPM) – post
and 2 replies
10 pts
4 – Analyzing
Explain the relationship
between risk and return
IDEA 2: Learning fundamental
principles
Individual homework: Chapters
6, 7 and 9 problems
20 pts
1B
2A
2B
3A
3B
IDEA 2: Learning fundamental
principles
about Bloom’s Taxonomy
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
12
Learning Outcomes
Financial Management | MBA 651
Faculty Evening Course Outcomes Based in Bloom’s Taxonomy
Wk
Bloom’s
Level
Learning Objective
Benedictine Hallmark
and/or IDEA Objective
Assignment
Pts
4A
3 – Applying
Apply various stock
valuation models to a
company’s equity securities
IDEA 3: Learning to apply course
material
Individual quiz: Chapters 6, 7
and 9
20 pts
5 – Evaluating
Compare capital projects
and make a recommendation
based on net present value
IDEA 3: Learning to apply course
material
In-class group PBL assignment:
Chapter 10 Mini Case
20 pts
6 - Creating
Recommend ways a
company can lower its cost
of capital in order to gain a
competitive advantage
IDEA 4: Developing specific skills
Discussion question: Cost of
Capital – post and 2 replies
10 pts
5 – Evaluate
Evaluate capital projects
using NPV and IRR
IDEA 4: Developing specific skills
Individual homework: Chapters
10 and 11 problems
20 pts
3 – Applying
Predict cash flows for a
capital project
IDEA 4: Developing specific skills
Individual quiz: Chapters 10 and
11
20 pts
4 – Analyzing
Analyze a company’s
financial statements to
determine if the company is
well run
IDEA 4: Developing specific skills
In-class group PBL assignment:
Chapter 12 Mini Case
20 pts
4 – Analyzing
Explain the role that
financial statement
forecasting plays in a
company’s overall financial
planning process
IDEA 2: Learning fundamental
principles
Discussion question: Forecasting
– post and 2 replies
10 pts
5- Evaluate
Evaluate a company’s
performance using ratio
analysis
IDEA 4: Developing specific skills
Individual homework: Chapters 3
and 12 problems
20 pts
5 – Evaluating
Create pro forma financial
statements using historical
data
IDEA 4: Developing specific skills
Individual quiz: Chapters 3 and
12
20 pts
5 – Evaluating
Evaluate a company’s
working capital policy
IDEA 3: Learning to apply course
materials
In-class group PBL assignment:
Chapter 16 Mini Case
20 pts
4 – Analyzing
Explain the difference
between business and
financial risk and how each
impacts a company
IDEA 2: Learning fundamental
principles
Discussion question: Business and
Financial Risk – post and 2
replies
10 pts
4 – Analyzing
Explain the impact of
capital structure on
company valuation
IDEA 3: Learning to apply course
materials.
Individual homework: Chapters
15 and 16 problems
20 pts
4B
5A
5B
6A
6B
about Bloom’s Taxonomy
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IDEA
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sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
13
Learning Outcomes
Financial Management | MBA 651
Faculty Evening Course Outcomes Based in Bloom’s Taxonomy
Total Points for the Course
Discussion Questions
10 pts ea x 6
= 60 pts
15% of the total points
Individual Homework
Assignments
20 pts ea x 6
= 120 pts
30% of the total points
Individual Quizzes
20 pts ea x 5
= 100 pts
25% of the total points
Group PBL Assignments
20 pts ea x 6
= 120 pts
30% of the total points
Total Points for the Course
= 400 pts
about Bloom’s Taxonomy
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
14
Learning Outcomes
Financial Management | MBA 651
Faculty Evening Course Schedule
Session
Loc.
Class Title
Assignments
01 A
F2F
Fundamental Concepts of Corporate
Finance
•
•
No pre-assignment for session 1A
In-class group PBL assignment: Chapter 2
Mini Case (pages 90-93)
01 B
online
Fundamental Concepts of Corporate
Finance
•
•
•
Read Chapters 1 and 2
Discussion question: Financial Statements
Individual homework: Chapters 1 and 2
problems
02 A
F2F
Time Value of Money and Bonds
•
•
Individual quiz: Chapters 1 and 2
In-class group PBL assignment: Chapter 5
Mini Case (pages 230-231)
02 B
online
Time Value of Money and Bonds
•
•
•
Read Chapters 4 and 5
Discussion question: Time Value of Money
Individual homework: Chapters 4 and 5
problems
03 A
F2F
Risk, Return and Cost of Capital
•
•
Individual quiz: Chapters 4 and 5
In-class group PBL assignment: Chapter 9
Mini Case (pages 394-395)
03 B
online
Risk, Return and Cost of Capital
•
•
Read Chapters 6, 7 and 9
Discussion Question: Capital Asset Pricing
Model (CAPM)
Individual homework: Chapters 6, 7 and 10
problems
•
04 A
F2F
Capital Budgeting
•
•
Individual quiz: Chapters 6, 7 and 9
In-class group PBL assignment: Chapter 10
Mini Case (pages 432-435)
04 B
online
Capital Budgeting
•
•
•
Read Chapters 10 and 11
Discussion Question: Cost of Capital
Individual homework: Chapters 10 and 11
problems
05 A
F2F
Financial Statement Analysis and
Forecasting Financial Statements
•
•
Individual quiz: Chapters 10 and 11
In-class group PBL assignment: Chapter 12
Mini Case (pages 519-521)
05 B
online
Financial Statement Analysis and
Forecasting Financial Statements
•
•
•
Read Chapters 3 and 12
Discussion Question: Forecasting
Individual homework: Chapters 3 and 12
problems
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Course Schedule
Financial Management | MBA 651
Faculty Evening Course Schedule
Session
Loc.
Class Title
Assignments
06 A
F2F
Capital Structure Decisions and Working
Capital Management
•
•
Individual quiz: Chapters 3 and 12
In-class group PBL assignment: Chapter 16
Mini Case (pages 677-680)
06 B
online
Capital Structure Decisions and Working
Capital Management
•
•
Read Chapters 15 and 16
Discussion Question: Business and
Financial Risk
Individual homework: Chapters 15 and 16
problems
•
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16
Course Schedule
Financial Management | MBA 651
Faculty Evening Session 1A
Learning Objectives
By the end of the week the learner should be able to:
1. Analyze the affect of sales growth on a company’s income statement and balance sheet.
2. Relate the information presented in financial statements to the well being of a company.
3. Calculate income taxes and operating cash flow.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Reading
No pre-class reading. Instructor will review Chapters 1 and 2 in class.
In Class Activities
• Student introductions.
• Overview of assignments and instructor expectations..
• How to use Desire2Learn to review content, post discussions and check grades.
• As a class, visit the publishers website that is dedicated to the textbook. Show the students how to
download the build a model spreadsheets in addition to the vast array of supplements the publisher
provides to aid the students during each chapter. You can also visit the Khan Academy website and
specifically go to the finance section as an additional outside resource.
• Facilitate a discussion covering the main concepts of Chapter 1 including free cash flow, a brief
explanation of WACC as this will be discussed in greater detail in subsequent weeks. Take time to
explain securitization which help lead to the financial crisis. Transition into a interactive discussion of
Chapter 2 and its primary purpose of describing basic financial statements, a basic background on
cash flows and provide an overview of the federal income tax system. The instructor should ensure
that he/she involves the students as much as possible during the discussion asking open ended
questions to help facilitate a spirited and engaging discussion.
In Class Assignment
The Self-test problem (ST-1) in Chapter 2 on page 85 is a good exercises to help reinforce the concepts
of Chapter 2. Have students complete the self-review and then compare them will their fellow team
members and classmates. Have students answer each question and provide feedback based upon their
results.
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Session 1A
Financial Management | MBA 651
Faculty Evening Session 1A
Activities, Assignments and Assessments (continued)
GROUP ACTIVITIES
Team Formation
Give the students some time to organize into teams of 3 to 4 students. Encourage them to form new
groups with fresh and varied skill sets to offset and assist others that need help.
Multimedia
Play the video clip from the CFO Ethics Panel (a link to the video is posted in D2L). In the video, 3
CFO’s discuss how to ethically deal with investors and analysts. Break the class into groups and ask
each group to write down the steps each CFO takes and critique the effectiveness of these steps.
After an appropriate amount of time, reconvene the class and ask each group to present their critique
to the class.
Problem Based Learning (PBL) Approach
Students have used the PBL approach in prior classes, but they may need a refresher in the steps.
Use the link in D2L to walk the students through the steps.
PBL Activity – Analyze the affect of sales growth on a company’s income statement and
balance sheet
Review the facts of the Chapter 2 Mini Case (pages 90-93) with the students. Ask the students to
work in their teams to answer questions a. and b. of the case. Each team should prepare a written
answer to the two questions and upload it to the Dropbox in D2L. After giving the students an
appropriate amount of time to work on the case, ask each team to present their answers to the class.
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18
Session 1A
Financial Management | MBA 651
Faculty Evening Session 1B
Learning Objectives
By the end of the week the learner should be able to:
1. Analyze the affect of sales growth on a company’s income statement and balance sheet.
2. Relate the information presented in financial statements to the well being of a company.
3. Calculate income taxes and operating cash flow.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Textbook Reading Assignment:
• Chapter 1 An Overview of Financial Management and the Financial Environment
• Chapter 2 Financial Statements, Cash Flow and Taxes
Desire2Learn Discussion Topic – Financial Statements
In D2L follow the link under Discussion #1 which addresses financial statements. Facilitate a
conversation on the importance of these statements in addition to some of their weaknesses. Ensure
students are following netiquette and are not using the forum as a text message forum. Ideas and
responses should be well articulated and representative of graduate level work.
Deliverables:
Prepare written answers to the following end of chapter questions and problems:
• Chapter 1 – Question 1-3 (page 48)
• Chapter 1 – Question 1-6 (page 48)
• Chapter 2 – Problem 2-1 (page 85)
• Chapter 2 – Problem 2-2 (page 85)
• Chapter 2 – Problem 2-12 (page 86)
Upload your answers to the Dropbox in D2L.
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19
Session 1B
Financial Management | MBA 651
Faculty Evening Session 2A
Learning Objectives
By the end of the week the learner should be able to:
1.
2.
3.
4.
Calculate the after tax cost of various types of securities.
Calculate the market value of a company’s bonds under varying conditions.
Explain the time value of money concept and how it relates to business and personal decision making.
Compute present and future values of lump sums and annuities.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Assessment
Quiz #1 covering Chapters 1 and 2. The instructor should select 10 to 15 questions from the publisher’s
test bank. Give the students an appropriate amount of time to complete the quiz, and then review the
answers with the class.
In Class Activities
• Review solutions to homework problems. Ensure students have a firm grasp of the concepts including
the discussion question. Remind students that the online format is an extension of the classroom and
participation is a crucial part of their development.
• Facilitate a discussion covering the main concepts of Chapters 4 and 5 including time value of money
(TVM), discounted cash flow (DCF), simple and compound interest, ordinary annuities, annuities due,
perpetuities and uneven cash flow. Take time to explain these concepts in great detail as they are the
building blocks in comprehending finance and will be used cornerstones for the rest of the course.
Lead a discussion and detail what a bond is and its characteristics including par, coupon and maturity.
Demonstrate in excel or on a financial calculator how to value and determine if the bond is selling at a
discount or premium. Detail the difference between the current yield and yield to maturity. Explain risk
free rate of interest and transition into interpreting an inflation premium. Elaborate on what bond
ratings are and why they are necessary. Transition into a conversation on high yield bonds
(sometimes called junk bonds) and how they differ from investment grade bonds. The instructor should
ensure that he/she involves the students as much as possible during the discussion asking open
ended questions to help facilitate a spirited and engaging discussion.
In Class Assignment
The problems at the end of Chapter 4 (4-3 through 4-8) are great examples to reinforce in the concepts
of chapter 4. Have students complete these exercises and compare their results with their classmates.
Provide feedback based upon their results. Understanding TVM and DCF is vital for their continued
financial development. Chapter 5 problems (5-1 through 5-6 & 5-13) provide detailed examples of
calculating a bond’s value which we covered in great detail in chapter 5.
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20
Session 1A
Financial Management | MBA 651
Faculty Evening Session 2A
Activities, Assignments and Assessments (continued)
GROUP ACTIVITIES
Multimedia
Play the video clip on when to start retirement planning (a link to the video is posted in D2L). In the
video, a financial advisor discusses examples of how to start retirement planning and quotes a
number of saving strategies that will result in certain sums of money. Break the class into groups and
ask each group “check the advisor’s math” by applying the time value of money equation, and
determine what interest rate(s) are required in order to realize the sums of money the advisor quotes.
After an appropriate amount of time, reconvene the class and ask each group to present their
answers to the class.
PBL Activity – Valuing a company’s bonds under varying conditions
Review the facts of the Chapter 5 Mini Case (pages 230-231) with the students. Show the students a
spreadsheet example of calculating bond prices and yields. Ask the students to work in their teams to
answer questions a. through d. of the case. Each team should prepare a written answer to the
questions and upload it to the Dropbox in D2L. After giving the students an appropriate amount of
time to work on the case, ask each team to present their answers to the class.
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21
Session 1A
Financial Management | MBA 651
Faculty Evening Session 2B
Learning Objectives
By the end of the week the learner should be able to:
1.
2.
3.
4.
Calculate the after tax cost of various types of securities.
Calculate the market value of a company’s bonds under varying conditions.
Explain the time value of money concept and how it relates to business and personal decision making.
Compute present and future values of lump sums and annuities.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Textbook Reading Assignment:
• Chapter 4 Time Value of Money
• Chapter 5 Bond, Bond Valuation, and Interest Rates
Desire2Learn Discussion Topic – Time Value of Money
In D2L follow the link under Discussion #2 which addresses time value of money (TVM). Facilitate a
conversation on the importance of present and future value. Ensure students are following netiquette and
are not using the forum as a text message forum. Ideas and responses should be well articulated and
representative of graduate level work.
Deliverables:
Prepare written answers to the following end of chapter questions and problems:
• Chapter 4 - Problem 4-1 (page 179)
• Chapter 4 – Problem 4-2 (page 179)
• Chapter 4 – Problem 4-12 (page 181)
• Chapter 4 – Problem 4-13 (page 181)
• Chapter 5 – Problem 5-24 (page 229)
Upload your answers to the Dropbox in D2L.
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22
Session 1B
Financial Management | MBA 651
Faculty Evening Session 3A
Learning Objectives
By the end of the week the learner should be able to:
1. Apply time value of money concepts to various types of fixed income securities.
2. Compare alternative approaches for determining weighted average cost of capital and make a recommendation on the
best approach.
3. Compare the CAPM to other methods for valuing stocks and describe strengths and weaknesses of different methods.
4. Explain the relationship between risk and return.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Assessment
Quiz #2 covering Chapters 4 and 5. The instructor should select 10 to 15 questions from the publisher’s
test bank. Give the students an appropriate amount of time to complete the quiz, and then review the
answers with the class.
In Class Activities
• Review solutions to homework problems. Ensure students have a firm grasp of the concepts including
the discussion question. Remind students that the online format is an extension of the classroom and
participation is a crucial part of their development.
• Facilitate a discussion covering the main concepts of Chapters 6, 7 and 9 including risk, return, how
risk is measured, how to diversify risk and define and calculate beta. Take time to explain these
concepts in great detail as student will continue to use them during the remainder of the course and
their MBA program. Facilitate a discussion and detail common stock and how to determine or
calculate its value. Continue the conversation by detailing how to construct an equation to calculate a
stocks value based upon expected dividends of constant and non-constant stocks. The instructor
should ensure that he/she involves the students as much as possible during the discussion asking
open ended questions to help facilitate a spirited and engaging discussion.
In Class Assignment
The problems at the end of Chapter 6 (6-6 through 6-8) are great examples to reinforce in the concepts
of chapter 6. Have students complete these exercises and compare their results with their classmates.
Provide feedback based upon their results. Problems (7-1 and7-3) Chapter 7 provide detailed examples
calculating a common stock which was covered in great detail. Transition into problems in Chapter 9 (91 through 9-6) which illustrate cost of capital.
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23
Session 1A
Financial Management | MBA 651
Faculty Evening Session 3A
Activities, Assignments and Assessments (continued)
GROUP ACTIVITIES
Multimedia
Play the video clip on high risk investments (a link to the video is posted in D2L). In the video, a
financial advisor discusses how hedge funds work and provides a critique of the value of investing in
hedge funds. Break the class into groups and ask each group to identify and discuss other high risk
investments and who should or should not consider them. After an appropriate amount of time,
reconvene the class and ask each group to present their answers to the class.
PBL Activity – Determining weighted average cost of capital
Review the facts of the Chapter 9 Mini Case (pages 394-395) with the students. Show the students a
spreadsheet example of calculating weighted average cost of capital (WACC). Ask the students to
work in their teams to answer questions a. through h. of the case. Each team should prepare a written
answer to the questions and upload it to the Dropbox in D2L. After giving the students an appropriate
amount of time to work on the case, ask each team to present their answers to the class.
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24
Session 1A
Financial Management | MBA 651
Faculty Evening Session 3B
Learning Objectives
By the end of the week the learner should be able to:
1. Apply time value of money concepts to various types of fixed income securities.
2. Compare alternative approaches for determining weighted average cost of capital and make a recommendation on the
best approach.
3. Compare the CAPM to other methods for valuing stocks and describe strengths and weaknesses of different methods.
4. Explain the relationship between risk and return.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Textbook Reading Assignment:
• Chapter 6 Risk and Return
• Chapter 7 Valuation of Stocks and Corporations
• Chapter 9 The Cost of Capital
Desire2Learn Discussion Topic – Capital Asset Pricing Model (CAPM)
In D2L follow the link under Discussion #3 which addresses capital asset pricing model (CAPM).
Facilitate a conversation on the importance this model and how its used by investors and corporations.
Ensure students are following netiquette and are not using the forum as a text message forum. Ideas
and responses should be well articulated and representative of graduate level work.
Deliverables:
Prepare written answers to the following end of chapter questions and problems:
• Chapter 6 – Problem 6-1 (page 280)
• Chapter 6 – Problem 6-5 (page 280)
• Chapter 7 – Problem 7-2 (page 316)
• Chapter 7 – Problem 7-14 (page 317)
• Chapter 9 – Problem 9-18 (page 392)
Upload your answers to the Dropbox in D2L.
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25
Session 1B
Financial Management | MBA 651
Faculty Evening Session4A
Learning Objectives
By the end of the week the learner should be able to:
1.
2.
3.
4.
Apply various stock valuation models to a company’s equity securities.
Compare capital projects and make a recommendation based on net present value.
Recommend ways a company can lower its cost of capital in order to gain a competitive advantage.
Evaluate capital projects using NPV and IRR.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Assessment
Quiz #3 covering Chapters 6, 7 and 9. The instructor should select 10 to 15 questions from the
publisher’s test bank. Give the students an appropriate amount of time to complete the quiz, and then
review the answers with the class.
In Class Activities
• Review solutions to homework problems. Ensure students have a firm grasp of the concepts including
the discussion question. Remind students that the online format is an extension of the classroom and
participation is a crucial part of their development.
• Lead a conversation on capital budgeting including net present value (NPV), internal rate of return
(IRR), modified internal rate of return (MIRR), profitability index (PI), regular payback and discounted
payback. It’s best if you visually demonstrate how to calculate these using excel to reinforce the
principles.
In Class Assignment
Have students complete Chapter 11 problems (11-1 through 11-4). These provide detailed examples of
the discussions covering Chapter 11.
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26
Session 1A
Financial Management | MBA 651
Faculty Evening Session 4A
Activities, Assignments and Assessments (continued)
GROUP ACTIVITIES
Multimedia
Play the video clip on the Boeing 787 (a link to the video is posted in D2L). In the video, Boeing
shows the first test flight of their new passenger jet. Break the class into groups and ask each group
to identify and discuss the problems that Boeing experienced in the launch of the new plan and how
they may or may not have accounted for these problems in their capital budgeting process. After an
appropriate amount of time, reconvene the class and ask each group to present their answers to the
class.
PBL Activity – Comparing capital projects
Review the facts of the Chapter 10 Mini Case (pages 432-435 ) with the students. Show the students
a spreadsheet example of calculating net present value (NPV) and internal rate of return (IRR). Ask
the students to work in their teams to answer questions c., d., and e. of the case. Each team should
prepare a written answer to the questions and upload it to the Dropbox in D2L. After giving the
students an appropriate amount of time to work on the case, ask each team to present their answers
to the class.
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27
Session 1A
Financial Management | MBA 651
Faculty Evening Session 4B
Learning Objectives
By the end of the week the learner should be able to:
1.
2.
3.
4.
Apply various stock valuation models to a company’s equity securities.
Compare capital projects and make a recommendation based on net present value.
Recommend ways a company can lower its cost of capital in order to gain a competitive advantage.
Evaluate capital projects using NPV and IRR.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Textbook Reading Assignment:
• Chapter 10 The Basics of Capital Budgeting: Evaluating Cash Flows
• Chapter 11Cash Flow Estimation and Risk Analysis
Desire2Learn Discussion Topic – Cost of Capital
In D2L follow the link under Discussion #4 which addresses cost of capital. Facilitate a conversation on
the importance of how a company decides to funds its operations. Ensure students are following
netiquette and are not using the forum as a text message forum. Ideas and responses should be well
articulated and representative of graduate level work.
Deliverables:
Prepare written answers to the following end of chapter questions and problems:
• Chapter 10 – Problem 10-7 (page 427)
• Chapter 10 – Problem 10-10 (page 428)
• Chapter 10 – Problem 10-12 (page 428)
• Chapter 11 – Problem 11-5 (page 472)
• Chapter 11 – Problem 11-7 (page 472)
Upload your answers to the Dropbox in D2L.
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28
Session 1B
Financial Management | MBA 651
Faculty Evening Session 5A
Learning Objectives
By the end of the week the learner should be able to:
1.
2.
3.
4.
Predict cash flows for a capital project.
Analyze a company’s financial statements to determine if a company is well run.
Explain the role that financial statement forecasting plays in a company’s overall financial planning process.
Evaluate a company’s performance using ratio analysis.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Assessment
Quiz #4 covering Chapters 10 and 11. The instructor should select 10 to 15 questions from the
publisher’s test bank. Give the students an appropriate amount of time to complete the quiz, and then
review the answers with the class.
.
In Class Activities
• Review solutions to homework problems. Ensure students have a firm grasp of the concepts including
the discussion question. Remind students that the online format is an extension of the classroom and
participation is a crucial part of their development.
• Facilitate a discussion covering the main concepts of Chapter 3 beginning with financial ratios and
ratio analysis. Transition into trend analysis before detailing the importance of comparative ratios and
benchmarking. Provide detailed illustrations of the DuPont model for return on assets and how it
differs from a quick return on assets calculation. Facilitate a discussion of financial planning including
sales forecasting. Illustrate the steps in the process of the additional funds needed (AFN) method and
how it contrasts from forecasted financial statement (FFS) method. The publisher provides great
resources to accentuate the differences and details the analysis. These resources can be found on
the publishers web site. The instructor should ensure that he/she involves the students as much as
possible during the discussion asking open ended questions to help facilitate a spirited and engaging
discussion.
In Class Assignment
The problems at the end of Chapter 3 (3-1 through 3-9) are great examples to reinforce in the concepts
of Chapter 3. Have students complete these exercises and compare their results with their classmates.
Provide feedback based upon their results. For chapter 12 have students work on problems 12-1
through 12-3 and 12-5.
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29
Session 1A
Financial Management | MBA 651
Faculty Evening Session 5A
Activities, Assignments and Assessments (continued)
GROUP ACTIVITIES
Multimedia
Play the video clip on Apple’s announcement of a plan to deal with its excess cash (a link to the video
is posted in D2L). In the video, various options for distributing cash are discussed. Break the class
into groups and ask each group to critique the alternative discussed in the video and make a
recommendation as to what would be in the best interests of Apple shareholders. After an appropriate
amount of time, reconvene the class and ask each group to present their answers to the class.
PBL Activity – Analyzing financial statements
Review the facts of the Chapter 12 Mini Case (pages 519-521) with the students. Ask the students to
work in their teams to answer questions a. and b. of the case. Each team should prepare a written
answer to the questions and upload it to the Dropbox in D2L. After giving the students an appropriate
amount of time to work on the case, ask each team to present their answers to the class.
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30
Session 1A
Financial Management | MBA 651
Faculty Evening Session 5B
Learning Objectives
By the end of the week the learner should be able to:
1.
2.
3.
4.
Predict cash flows for a capital project.
Analyze a company’s financial statements to determine if a company is well run.
Explain the role that financial statement forecasting plays in a company’s overall financial planning process.
Evaluate a company’s performance using ratio analysis.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Textbook Reading Assignment:
• Chapter 3 Analysis of Financial Statements
• Chapter 12 Corporate Valuation and Financial Planning
Desire2Learn Discussion Topic – Forecasting
In D2L follow the link under Discussion #5 which addresses forecasting. Facilitate a conversation on the
importance of forecasting and how it is integrated into making corporate decisions. Ensure students are
following netiquette and are not using the forum as a text message forum. Ideas and responses should
be well articulated and representative of graduate level work.
Deliverables:
Prepare written answers to the following end of chapter questions and problems:
• Chapter 3 – Problem 3-14 (page 124)
• Chapter 3 – Problem 3-15 (page 125)
• Chapter 12 – Problem 12-1 (page 514)
• Chapter 12 – Problem 12-5 (page 514)
• Chapter 12 – Problem 12-12 (page 517)
Upload your answers to the Dropbox in D2L.
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31
Session 1B
Financial Management | MBA 651
Faculty Evening Session 6A
Learning Objectives
By the end of the week the learner should be able to:
1.
2.
3.
4.
Create pro forma financial statements using historical data.
Evaluate a company’s working capital policy.
Explain the difference between business and financial risk and how each impacts a company.
Explain the impact of capital structure on company valuation.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Assessment
Quiz #5 covering Chapters 3 and 12. The instructor should select 10 to 15 questions from the
publisher’s test bank. Give the students an appropriate amount of time to complete the quiz, and then
review the answers with the class.
In Class Activities
• Review solutions to homework problems. Ensure students have a firm grasp of the concepts including
the discussion question. Remind students that the online format is an extension of the classroom and
participation is a crucial part of their development.
• Facilitate a discussion covering the main concepts of Chapter 15 including capital structure
challenges, business and financial risk, estimating the optimal structure and recapitalization. Next
discuss the cash conversion cycle, cash budget and cash management techniques. Facilitate a
discussion and detail the differences between business and financial risk and what steps are taken to
decide the best overall capital structure. Continue the conversation by detailing how and why
companies recapitalize. Lead a conversation on financing policies and discuss the importance of the
cash conversion cycle. Introduce the cash budget and how firms can best manage their cash and
what specific techniques can be employed to improve their efficiencies. Detail the role of inventory
management and the best way to manage A/R & A/P. The instructor should ensure that he/she
involves the students as much as possible during the discussion asking open ended questions to help
facilitate a spirited and engaging discussion.
In Class Assignment
The problems at the end of chapter 15 (15-1 and 15-5) re great illustrations of example that will reinforce
the concepts of Chapter 15. Have students complete these exercises and compare their results with
their classmates. Provide feedback based upon their results. For Chapter 16, have the students work
on problems 16-1, 16-2 and 16-11.
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Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
32
Session 1A
Financial Management | MBA 651
Faculty Evening Session 6A
Activities, Assignments and Assessments (continued)
GROUP ACTIVITIES
Multimedia
Play the video clip on Dell’s leveraged buyout (a link to the video is posted in D2L). In the video,
analysts discuss the merits of the buyout. Break the class into groups and ask each group to critique
the leveraged buyout and how it might impact minority shareholders. After an appropriate amount of
time, reconvene the class and ask each group to present their answers to the class.
PBL Activity – Evaluate working capital policy
Review the facts of the Chapter 16 Mini Case (pages 677-680) with the students. Ask the students to
work in their teams to answer questions a. through d. of the case. Each team should prepare a
written answer to the questions and upload it to the Dropbox in D2L. After giving the students an
appropriate amount of time to work on the case, ask each team to present their answers to the class.
home
about
expectations
resources
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
33
Session 1A
Financial Management | MBA 651
Faculty Evening Session 6B
Learning Objectives
By the end of the week the learner should be able to:
1.
2.
3.
4.
Create pro forma financial statements using historical data.
Evaluate a company’s working capital policy.
Explain the difference between business and financial risk and how each impacts a company.
Explain the impact of capital structure on company valuation.
Activities, Assignments and Assessments
INDIVIDUAL ACTIVITIES
Textbook Reading Assignment:
• Chapter 15 Capital Structure Decisions
• Chapter 16 Supply Chains and Working Capital Management
Desire2Learn Discussion Topic – Business and Financial Risk
In D2L follow the link under Discussion #6 which addresses business and financial risk. Facilitate a
conversation differentiating between the two. Ensure students are following netiquette and are not using
the forum as a text message forum. Ideas and responses should be well articulated and representative
of graduate level work.
Deliverables:
Prepare written answers to the following end of chapter questions and problems:
• Chapter 15 – Problem 15-3 (page 621)
• Chapter 15 – Problem 15-4 (page 621)
• Chapter 16 – Problem 16-1 (page 673)
• Chapter 16 – Problem 16-6 (page 673)
• Chapter 16 – Problem 16-7 (page 673)
Upload your answers to the Dropbox in D2L.
home
about
expectations
resources
course
overview
learning
outcomes
IDEA
schedule &
sessions
Love of Christ and Neighbor  Prayer  Stability  Conversatio  Obedience  Discipline  Humility  Stewardship  Hospitality  Community
34
Session 1B