PROGRAMME : BACHELOR OF BUSINESS

MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING

& FINANCE (HONS)

Course/ CORPORATE FINANCE

Module:
SEGI Course Code: FIN4124/3354 UCLAN Module Code: AC3090

Lecturer name: Shantiny Letchumanan Coursework Submission Date

Essay – Week 9
Case Study – Week 11
Presentation – Week 12

ASSESSMENT METHODS

Number of Form of % Size of Category of Learning

Assessments Assessment Weighting Assessment/Duration/ Assessment Outcomes
Word count being
Assessed
1 Examinatio 60% 3 hours Written exam CLO 1 to 4
n
1 Essay 20% 2,000 words report Coursework CLO 2 & 3
1 Presentation 5% 10 mins presentation Practical CLO 5
1 Case Study 15% 1,500 word report Coursework CLO 3& 4

COURSEWORK
Regulations

Students must submit all materials supporting their coursework listed in the
deliverable section.

 Please make sure that you are aware of the rules concerning plagiarism. If you
are unclear about them, please consult your program coordinator/lecturer.

Plagiarism is presenting somebody else’s work as your own. It includes: copying

information directly from the Web or books without referencing the material;
submitting joint coursework as an individual effort; copying another student’s
coursework; stealing coursework from another student and submitting it as your
own. Suspected plagiarism will be investigated and if found to have occurred will be
dealt with according to the procedures set down by the SEGi University/ UCLAN.

 Students will have 2 Plagiarism policies in place – double award students the
UCLAN Plagiarism policy will override SEGi Plagiarism Policy. The
appended table provides the summary of the 2 policies.
UCLAN Plagiarism Policy SEGi Plagiarism Policy
Single offence – 0 marks – affected Minor Plagiarism: poor in-text referencing
assessment to be re-submitted and student and few paragraphs being copied – stern
can only secure pass mark warning and or counseling
Repeat offended – 0 marks and no Moderate Plagiarism: copying some
opportunity to re-submit – student can retake paragraphs and results without in-text
courses referencing – awarded next lower grade
Major Plagiarism; Most of the work is copied
and cases of repeat minor and major
plagiarism – Fail and re-take or suspension or
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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

dismissal
 The coursework should exhibit formal research skills i.e. with a table of
content, proper citations, references, and appendixes.
 The coursework write up must be able to demonstrate critical analysis and
application of both theory and practical issues to the company that you have
selected.
 Student may include additional relevant data/information apart from the
proposed guidelines in conjunction to your research. Additional marks will be
awarded for such attempt.
 All written reports MUST be submitted for similarity checks to Turnitin.
 Extensions
Authorization of late submission of work requires written permission. Your
lecturer is authorized to give permission for one extension period of between
1 and 10 working days where appropriate evidence of good reason has been
accepted and where submission within this timescale would be reasonable
taking into account your circumstances. Requests for extensions should be
made prior to the submission date as extensions cannot be given
retrospectively.

 Late submissions
If you submit work late without authorisation, a universal penalty will be
applied in relation to your work. The appended table summarises the
SEGi/UCLAN penalties.

SEGi/UCLAN Penalties
Submission within 5 working date following published deadline – given a pass
(50 marks for the component of assessment)
Submission later than 5 working days – awarded 0 marks for the component
Unauthorized late submission at supplementary will be automatically be awarded
0 marks for the component assessment

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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

Learning Outcomes tested Assessment Criteria :

LO1: Evaluate the strategic options for
financial decision making
LO2: Apply and critically analyze
various theories that underpin an
understanding of financial operations of a
business and the associated analytical
tools and techniques to analyzing
financial options
LO3: Critically analyze the significance
of risk to the business and apply financial
management techniques to control the
financial risk of a business
LO4: Critically interpret capital
expenditure decisions using a range of
methods and analyze key financial
statements of a business
LO5: Critically evaluate various cash
flow investment and interest rate policies
and apply techniques of financing of
surplus and deficits and apply techniques
to minimize foreign currency expose
Students must demonstrate the ability to:
 Work as an individual to research, write
and structure a report that examines the
overall investment process, the
securities markets, and players within
the securities market as well as various
investment products.
 Review and recommend the most
appropriate investment process and
products taking into accounts
investment objectives, risk and overall
market conditions.
 Synthesise theoretical material with
practical and actual trends to generate
proper discussions and critique.
 Apply critical thinking, analytic,
communication and team building skills
through interview, group presentation,
problem solving and discussions.

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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

COURSEWORK QUESTION

GROUP ASSIGNMENT: 20%

PRIMA Golf has decided to sell a new line of golf clubs. The clubs will sell for $650
per set and have a variable cost of $210 per set. The company has spent $170,000 for
a marketing study that determined the company will sell 55,000 sets per year for
seven years. The marketing study also determined that the company will lose sales of
10,000 sets of its high-priced clubs. The high-priced clubs sell at $1,300 and have
variable costs of $850. The company also will increase sales of its cheap clubs by
8,500 sets. The cheap clubs sell for $410 and have variable costs of $190 per set. The
fixed costs each year will be $7,100,000. The company has also spent $1,400,000 on
research and development for the new clubs. The plant and equipment required will
cost $22,400,000 and will be depreciated on a straight line basis. The new clubs will
also require an increase in net working capital of $1,550,000 that will be returned at
the end of the project. The tax rate is 40 percent, and the cost of capital is 10 percent.
What are the best case and worst case NPVs if the values are accurate to within only
±10 percent?

Task assigned:

a) Critically analyse the significance of forecasting risk be greater for a new

project or cost cutting proposal? Why? (20
marks)

b) Based on PRIMA Golf project, critically evaluate the lower and upper bound
for these projections. (10
marks)

c) What is the estimated Operating Cash Flow (OCF) for this project? (30
marks)

d) Prepare scenario analysis for PRIMA Golf (10

marks)
- Best-case
- Worst- Case

e) Based on the finding in part (d), should PRIMA Golf should sell the clubs?
Justify the findings. (20
marks)

(Total: 100 marks)

Address the following questions in about 2000 words (plus or minus 5%).
(Your write-up should be plus or minus 10% of the word count above).

Note:

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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

Refer Appendix 1 for the remaining marks allocation.

The total marks for this assignment are 100% but it carries 20% of overall assessment
for this module.

* The detailed marking criteria for the allocation of 100 marks is provided in
Appendix 1

LENGTH REQUIRED
2000 words +/- 10%. Any deviation from this will be penalized.

FORMATTING AND LAYOUT

 A Microsoft Office Word Document or other relevant applications as
permitted by module lecturer/ typed using computer. Usage of typewriter or
hand - written is STRICTLY not allowed.
 12 font size, Time New Roman font and bold title and sub titles
 A4 sized paper
 Fully justified alignment
 1½ line spacing
 Margins of 1” at top and bottom; left and right

Appendix 1: Marking Criteria for Essay (20%)

No. Assessment Criteria Weightage Marks

Allotted
by
Lecturer
Question Critically analyse the significance of forecasting 20%
s risk be greater for a new project or cost cutting
a. proposal? Why?

b. Based on PRIMA Golf project, critically evaluate 10%

the lower and upper bound for these projections.

c. What is the estimated Operating Cash Flow 30%

(OCF) for this project?

d. Prepare scenario analysis for PRIMA Golf 10%

- Best-case
- Worst- Case

e. Based on the finding in part (d), should PRIMA 20%

Golf should sell the clubs? Justify the findings.

Others Presentation of the analysis: 10%

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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

 Appropriate citation and references.

 Style and readability including proper
organization of answers.
 Overall presentation.
 This coursework must have a Cover Sheet,
Table of Content and Page Number and
Proper Heading/Title for each part answered,
list of references (Use any referencing system
that is suggested by the faculty).
 Link all the questions with past studies, latest
5 years back.

Total marks 100%

Overall Marks 20%

CASE STUDY (GROUP): 15%

Ammie Nixon graduated from Midland State University in May and has been working
for about a month as a junior financial analyst at Caledonia Products. When Ammie
arrived at work on Friday morning, she found the following memo in her e-mail:

TO: Ammie Nixon

FROM: P. Morrison, CFO, Caledonia Products
RE: Capital Budgeting Analysis

Provide an evaluation of two proposed projects with the following cash flow
forecasts:

Year Project A Project B

0 $(110,000) $(110,000)
1 20,000 40,000
2 30,000 40,000
3 40,000 40,000
4 50,000 40,000
5 70,000 40,000

Because these projects involve additions to Caledonia’s highly successful Avalon

product line, the company requires a rate of return on both projects equal to 12
percent. As you are no doubt aware, Caledonia relies on a number of criteria when
evaluating new investment opportunities. In particular, we require that projects that

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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

are accepted have a payback period of no more than three years, provide a positive
NPV, and have an IRR that exceeds the firm’s discount rate.

Ammie was not surprised by the memo, for she had been expecting something like
this for some time. Caledonia followed a practice evaluation exercise after the new
hire had been on the job for a few months.

After rereading the memo, Ammie decided on her plan of attack. Specifically, she
would first do the obligatory calculations of payback period, NPV and IRR for both
projects. One of the things that occurred to Ammie was that memo did not indicate
whether the two projects were independent or mutually exclusive. So, just to be safe,
she thought she had better rank the two projects in case she was asked to do so on
Monday morning.

Task assigned:

a. Critically discuss the most widely used methods for evaluating capital
expenditures projects in practice. (10
marks)

b. Compute payback period, NPV and IRR for both projects. (20
marks)

c. Critically evaluate the two projects’ acceptability using all three decision
criteria listed in part (a) and basing the conclusion on the assumption that the
projects are independent – that is, that both could be accepted if both are
acceptable. (30
marks)

d. Rank the two projects and make recommendation as to which (if either) should
be accepted under the assumption that the projects are mutually exclusive.

(20
marks)

e. Critically analyse how investment appraisal techniques can control the

financial risk in a business. (10
marks)

(Total marks: 100)

Required:
Undertake the following questions in about 1500 words (plus or minus 5%).
(Your write-up should be plus or minus 10% of the word count above).

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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

The total marks for this assignment is 100% but it carries 15% of overall assessment
for this module.

LENGTH REQUIRED
1500 words +/- 10%. Any deviation from this will be penalized.

* The detailed marking criteria’s for the allocation of 100 marks is provided in
Appendix 2

FORMATTING AND LAYOUT

 A Microsoft Office Word Document or other relevant applications as
permitted by module lecturer/ typed using computer. Usage of typewriter or
hand - written is STRICTLY not allowed.
 12 font size, Times New Roman font and bold title and sub titles
 A4 sized paper
 Fully justified alignment
 1½ line spacing
 Margins of 1” at top and bottom; left and right

Appendix 2: Marking Criteria for Case Problem Report (15%)

No. Assessment Criteria Weightage Marks

Allotted by
Lecturer
Section Critically discuss the most widely used methods for
a. evaluating capital expenditures projects in practice. 10%

b. Compute payback period, NPV and IRR for both

projects. 20%

c. Critically evaluate the two projects’ acceptability

using all three decision criteria listed in part (a) and 30%
basing the conclusion on the assumption that the
projects are independent – that is, that both could be
accepted if both are acceptable.
d. Rank the two projects and make recommendation as 20%
to which (if either) should be accepted under the
assumption that the projects are mutually exclusive
e. Critically analyse how investment appraisal 10%
techniques can control the financial risk in a
business.
Others Presentation of the analysis:
 Appropriate citation and references. 10%
 Style and readability including proper
organization of answers.
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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

 Overall presentation.
 This coursework must have a Cover Sheet, Table
of Content and Page Number and Proper
Heading/Title for each part answered, list of
references (Use APA referencing system that is
suggested by the faculty)
 Link all the questions with past studies, latest 5
years back.

Total marks 100%

Overall marks 15%

Individual Presentation (5%)

Changes in exchange rates have a significant impact on the operations and

profitability of firms in the current era of growing globalization and increased
currency volatility. Small and medium-sized businesses, including those that only
operate in their home country, as well as multinationals, large corporations, and
businesses that trade on international markets, are affected by exchange rate volatility.
Investors and business owners should be familiar with exchange rate risk due to the
significant impact it can have on their holdings. Prepare a 10 min presentation on the
recent trends in the foreign exchange and money markets.

Required Task:

a) Introduction of Foreign Exchange and money market

b) Factors that contributed to the patterns change in foreign exchange
c) Effects of changes in foreign exchange rates
d) The techniques to minimise foreign currency expose
e) Conclusion
f) References

PowerPoint Slides are to be submitted as per the deadline given. Also, slides are to be
uploaded in the Blackboard via Turnitin together with the Rubrics (below):

(Total marks: 100)

The total marks for this assignment is 100% but it carries 5% of overall assessment
for this module.

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 PROGRAMME : BACHELOR OF BUSINESS
MANAGEMENT (HONS)/ BACHELOR OF ACCOUNTING
& FINANCE (HONS)

Note:
 Marks allotted for all the criteria’s will be assessed separately according to
individual presentation.

Appendix 3: Marking Criteria for Group Presentation (5%)

Category Scoring Criteria Total Points Score

Organization The type of presentation is appropriate for 10  
(20 points) the topic and audience.
Information is presented in a logical 10  
sequence.
Content Introduction is attention-getting, lays out the 10  
(40 points) problem well, and establishes a framework
for the rest of the presentation.
Technical terms are well-defined in language 10  
appropriate for the target audience.
Material included is relevant to the overall 10  
message/purpose and contain accurate
information
Appropriate amount of material is prepared, 10  
and points made reflect well their relative
importance.
Presentation Speaker maintains good eye contact with the 10  
(40 points) audience and is appropriately animated (e.g.,
gestures, moving around, etc.).
Speaker uses a clear, audible voice. Delivery 10  
is poised, controlled, and smooth.
Good language skills and pronunciation are 10  
used.
Information was well communicated. 10  
Total marks 100  
  Overall marks 5%  

Comments:

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