This guide is for BUSI 532 Week 3 Homework 3, start to submission. The third spreadsheet assignment: reformulating your company's statements for analysis.
BUSI 532 is Advanced Financial Statement Analysis, 3 credit hours, in Liberty University's MBA. Canvas and the course guide file print the code as BUSI532; it is the same course.
| Course | BUSI 532 Advanced Financial Statement Analysis |
|---|---|
| Module/Week | 3 |
| Points | 100 points |
| Length | A spreadsheet assignment; follow the homework instructions |
| Sources | Your company's statements and Penman |
| Faith integration | Not required by the guide |
| Format | Spreadsheet |
What BUSI 532 Week 3 Homework 3 asks for
Homework 3 is due in Module/Week 3 with Penman chapters 8 and 9. Worth 100 points.
Where it fits in BUSI 532
In the published schedule, Homework 3 is one of 11 graded written assignments in BUSI 532. It follows Week 2 Homework 2 and comes before Week 4 Homework 4.
How BUSI 532 Week 3 Homework 3 is graded
Liberty grades Homework 3 with the rubric attached to the assignment in Canvas, worth 100 points in the published guide. That is about 10% of the course's 1,010 points. Open the rubric before you draft and read across each row: the top column describes what full credit looks like, and the gap between columns tells you what costs points.
Course grades in BUSI 532 use Liberty's point scale: an A is 940 to 1010 points of the course total. Missing the length or source minimum usually costs points on several rows at once, which is why the checklist below starts with them.
Timing in the published guide: Module/Week 1 begins on Monday morning at 12:00 a.m. (ET) and ends on Friday night at 11:59 p.m. (ET). Modules/Weeks 2-8 begin on Saturday at 12:00 a.m. (ET) and end at 11:59 p.m. (ET) on Friday. Check the due dates in your Canvas section, which govern.
The BUSI 532 Week 3 method, step by step
Set up the data before the write-up
Work through the Homework 3 calculations or software steps first and save the output. The written part interprets those numbers, so they have to be right before you explain them.
Show the method
Name the method and the reason it fits. One or two sentences are enough, but they must be there.
Report the results plainly
Report each result with its value and what it measures. Tables and figures help when they are labeled and referred to in the text.
Interpret in the context of the question
Explain what the results mean for the decision or question in BUSI 532, in plain terms. The interpretation is where the analysis points are earned.
Name the limits
Name the assumptions and limits. A result with its limits stated reads as professional.
Submit the files the guide asks for
Check which files Canvas expects (spreadsheet, output, written document) and that each is complete and labeled (A spreadsheet assignment; follow the homework instructions).
Classify each line as operating or financing with a short note on any judgment call (such as cash held for operations), then check that net operating assets minus net financial obligations equals common equity. Penman's point in reformulating is that operating activities create value while financing activities mostly do not, so keep the two cleanly apart; later homework on profitability and valuation depends on this split being right.
A structure for BUSI 532 Week 3 Homework 3
Word targets are planning numbers for about 1,000 words of body text, set by the length in the guide; the rubric decides where to spend more.
| Section | What it must do | Target |
|---|---|---|
| Equity statement | Reformulated. | ~300 words |
| Balance sheet and income statement | Operating and financing separated. | ~500 words |
| Checks | Reconciliations. | ~200 words |
A topic angle that works
Penman's chapters 8 and 9 reformulate the equity statement to find comprehensive income and split the balance sheet and income statement into operating and financing parts. Apply this to your company.
Model paragraph with notes
An original paragraph written by our desk to show the register that earns full rubric credit. It is study material: learn the moves, then write your own.
Cash beyond a working balance of about 1% of sales is treated as a financial asset, since it earns interest rather than supporting operations. Lease liabilities are classified as financing obligations. After reformulation, net operating assets are $18.4 billion and net financial obligations $6.1 billion, reconciling to common equity of $12.3 billion.
- Judgment calls explained.
- Classification.
- A reconciliation.
Mistakes that cost points on BUSI 532 Week 3
- Unexplained classifications.
- No reconciliation.
- Mixing operating and financing items.
Checklist before you submit
- Length: A spreadsheet assignment; follow the homework instructions
- Sources: Your company's statements and Penman
- Calculations checked and output saved
- Every table and figure referred to in the text
- Each rubric row read against the section that answers it
Questions students ask
When is BUSI 532 Homework 3 due?
In Module/Week 3.
How many points is BUSI 532 Week 3 Homework 3 worth?
100 points in Liberty's published course guide for BUSI 532, out of a course total of 1,010 points (about 10% of the grade). The rubric attached to the assignment in Canvas shows how those points are divided.
Is BUSI 532 Week 3 the same in every section of BUSI 532?
This guide follows Liberty's published course guide for BUSI 532. Liberty notes that course content can change from term to term, so if your Canvas section shows different instructions, a different week or different points, follow Canvas and your instructor.
Want a tutor to look at your draft?
Send the instructions and what you have so far. A Liberty tutor replies with what to fix first, usually within the hour.