SPT 620 Module 2 Journal
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Southern New Hampshire University *
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Accounting
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Apr 3, 2024
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Module 2 Journal
Tim Nicely
Southern New Hampshire University
SPT 620: Finance and Economics of Sports
March 10
th
, 2024
The Green Bay Packers are a unique NFL organization as they have an NFL exemption that allows them to be a publicly owned organization. Because of this, they report to a large group of shareholders, rather than an individual owner or ownership group. This makes it essential to find an efficient way to communicate financial information to those shareholders. The most efficient way is to hold meetings and release regular reports. There should be quarterly meetings to keep updated on progress throughout the year, as well as an annual meeting to discuss the previous year once the data has been finalized. The meetings themselves should be both in-person and virtual to allow as many to attend as possible. To go along with these meetings, regular, easy to understand reports should be released. With the Packers being public,
2
it is very possible not all their shareholders have extensive business backgrounds, so it is essential they make the information easily understood for everyone. While having more in-depth information available is important, an easy to interpret summary and balance sheet should also be available. The information that should be made available to all shareholders should primarily include items such as revenue and expenses, as well as total profit. These items should be summarized in a clear, easily understood so all shareholders are able to understand the overall health of the organization’s finances. Easy to read graphs, charts, and tables should also be included for quick reference. In addition to those revenue, expenses, and profit, the report should of course also more in depth breakdowns of each of those items for those with larger stakes and a better business sense. This will allow those who are more business savvy to feel comfortable making larger and continuing investments to create more opportunities for the organization. This more detailed information should inlude things such as line item breakdowns of each of the previously mentioned categories to show where the revenue is coming from and where the expenses are going. There should also be an indepth report written out to explain each of the items, as well as the financial vision going forward. This section should also include graphs, charts, and tables for reference.
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Related Questions
3
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QUESTION 16
Which of the following are users of University of West London's financial statement?
a. Shareholder, suppliers, and employees
b.Students, suppliers, and employees
C. Shareholders, Government, and students
d.Suppliers, employees, and Investors
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What is the primary concern associated with the agency problem in corporate
finance?
Maximizing shareholder wealth
Aligning the interests of managers with those of shareholders
Minimizing marketing expenses
Ensuring compliance with tax regulations
arrow_forward
None
arrow_forward
Corporations often offer ________ to investors as some tangible evidence that the corporation is doing well, and the investor is getting something from his or her money.
1.shares of stock
2.dividends
3.trusts
4.index funds
arrow_forward
Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments. Below is a set of decisions made by finance professionals. Categorize the decisions according to the area of finance to which they belong.
Decision
Corporate Finance
Capital Markets
Investments
Ethan must make a decision on how to cut costs so that his company can generate extra cash flow to acquire assets.
Radford works for an investment bank and makes decisions about the sale of new common stock by ABCL Inc.
Aakash works for a financial advising firm. He must create a financial plan and come up with a list of securities in which his client can invest. Aakash must make decisions regarding the investments that he should recommend to his clients to include in their portfolio.
arrow_forward
What is the important question of corporate finance when a finance manager advises the company’s management to accept or reject a long-term investment project? What the finance manager needs to analyse to justify her/his adviceHow a corporation is different from a partnership in terms of owner, legal status, liabilities, life, regulation, access to capital, taxation and transfer?
arrow_forward
Business 123 Introduction to Investment
May I please have the solution for the following assignment?
Thank you so much,
arrow_forward
Describe 3 investment products that corporations can use to raise money from investors.
Explain the characteristics of each product and the priority of their investors to get money back in case of
bankruptcy.
Describe with examples how banks help create money in the financial system
arrow_forward
how does investment bank work
arrow_forward
3. Corporate finance, capital markets, and investments
Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments. Below is a set of
decisions made by finance professionals. Categorize the decisions according to the area of finance to which they belong.
Capital
Corporate
Finance
Decision
Markets
Investments
Radford is a small company that manufactures automobile bearings. Managers at the company
must make decisions on the kind and the cost of equipment to buy.
Jackson works for an investment bank and makes decisions about the sale of new common stock
by ABCL Inc.
Tyler works for a financial advising firm. He must create a financial plan and come up with a list
of securities in which his client can invest. Tyler must make decisions regarding the investments
that he should recommend to his clients to include in their portfolio.
arrow_forward
aims to identify, record, and communicate information about
business activities. It helps assess opportunities, products,
investments, and social and community responsibilities.
Users of accounting are both internal and external. Some
users and uses of accounting include (a) managers in
controlling, monitoring, and planning; (b) lenders for
measuring the risk and return of loans; (c) shareholders for
assessing the return and risk of stock; and (d) employees for
judging employment opportunities. Opportunities in
accounting include financial, managerial, and tax accounting.
Csuterstack/Fory burrow
OGlow Asia/Saperstock
130s
:00/ 0:58
1x
CC
Knowledge Check 01
Match the term and the definition.
Definition
The recording of transactions and events only, either manually or electronically.
An information and measurement system that identifies, records, and communicates relevant,
reliable, and comparable information about an organization's business activities.
arrow_forward
SEE MORE QUESTIONS
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Related Questions
- 3arrow_forwardQUESTION 16 Which of the following are users of University of West London's financial statement? a. Shareholder, suppliers, and employees b.Students, suppliers, and employees C. Shareholders, Government, and students d.Suppliers, employees, and Investorsarrow_forwardWhat is the primary concern associated with the agency problem in corporate finance? Maximizing shareholder wealth Aligning the interests of managers with those of shareholders Minimizing marketing expenses Ensuring compliance with tax regulationsarrow_forward
- Nonearrow_forwardCorporations often offer ________ to investors as some tangible evidence that the corporation is doing well, and the investor is getting something from his or her money. 1.shares of stock 2.dividends 3.trusts 4.index fundsarrow_forwardFinance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments. Below is a set of decisions made by finance professionals. Categorize the decisions according to the area of finance to which they belong. Decision Corporate Finance Capital Markets Investments Ethan must make a decision on how to cut costs so that his company can generate extra cash flow to acquire assets. Radford works for an investment bank and makes decisions about the sale of new common stock by ABCL Inc. Aakash works for a financial advising firm. He must create a financial plan and come up with a list of securities in which his client can invest. Aakash must make decisions regarding the investments that he should recommend to his clients to include in their portfolio.arrow_forward
- What is the important question of corporate finance when a finance manager advises the company’s management to accept or reject a long-term investment project? What the finance manager needs to analyse to justify her/his adviceHow a corporation is different from a partnership in terms of owner, legal status, liabilities, life, regulation, access to capital, taxation and transfer?arrow_forwardBusiness 123 Introduction to Investment May I please have the solution for the following assignment? Thank you so much,arrow_forwardDescribe 3 investment products that corporations can use to raise money from investors. Explain the characteristics of each product and the priority of their investors to get money back in case of bankruptcy. Describe with examples how banks help create money in the financial systemarrow_forward
- how does investment bank workarrow_forward3. Corporate finance, capital markets, and investments Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments. Below is a set of decisions made by finance professionals. Categorize the decisions according to the area of finance to which they belong. Capital Corporate Finance Decision Markets Investments Radford is a small company that manufactures automobile bearings. Managers at the company must make decisions on the kind and the cost of equipment to buy. Jackson works for an investment bank and makes decisions about the sale of new common stock by ABCL Inc. Tyler works for a financial advising firm. He must create a financial plan and come up with a list of securities in which his client can invest. Tyler must make decisions regarding the investments that he should recommend to his clients to include in their portfolio.arrow_forwardaims to identify, record, and communicate information about business activities. It helps assess opportunities, products, investments, and social and community responsibilities. Users of accounting are both internal and external. Some users and uses of accounting include (a) managers in controlling, monitoring, and planning; (b) lenders for measuring the risk and return of loans; (c) shareholders for assessing the return and risk of stock; and (d) employees for judging employment opportunities. Opportunities in accounting include financial, managerial, and tax accounting. Csuterstack/Fory burrow OGlow Asia/Saperstock 130s :00/ 0:58 1x CC Knowledge Check 01 Match the term and the definition. Definition The recording of transactions and events only, either manually or electronically. An information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities.arrow_forward
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Recommended textbooks for you
- Managerial AccountingAccountingISBN:9781337912020Author:Carl Warren, Ph.d. Cma William B. TaylerPublisher:South-Western College PubPrinciples of Accounting Volume 1AccountingISBN:9781947172685Author:OpenStaxPublisher:OpenStax College

Managerial Accounting
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ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
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Author:OpenStax
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