Overview
Instructions
The summary should be approximately 250-500 words. In order to qualify as substantive, the post should further the discussion by adding a new supportive fact or continuing the conversation with a follow up question (reasoning for the question included in the post). Please include proper citations in your discussion post. Points will be deducted if proper citations are not used.
W2 - DQ 1
To live comfortably in retirement, you decide you will need to save $2 million by the time you are 65 (you are 30 years old today). You will start a new retirement savings account today and contribute the same amount of money on every birthday up to and including your 65th birthday. Using TVM principles, how much must you set aside each year to make sure that you hit your target goal if the interest rate is 5%? What flaws might exist in your calculations, and what variables could lead to different outcomes? What actions could you take ensure you reach your target goal?
W2 - DQ 2
Assessment Description
Financial ratios are essential to provide an accurate valuation of a firm. Select a publicly traded firm of your choice. Select one ratio each in the areas of (a) performance, (b) activity, (c) financing, and (d) liquidity warnings. Provide an evaluation of the selected firm's strengths and weaknesses. Based on the ratios you selected, how well does your chosen firm perform? Explain.