You have been hired as a consultant for Port Everglades to access their situation and recommend changes for management.
Please include the following:
The port’s past history & current situation (including financial position)
Market Forecast
Industry
South Florida
Port Everglades
SWOT Analysis of Port Everglades
Strengths
Weaknesses
Opportunities
Threats
Financial Statement Analysis is an important component of SWOT analysis. Include within your SWOT analysis
Pertinent Financial Ratios in your analysis supporting Strengths, Weaknesses, Opportunities, and Threats
Calculate 6 ratios
Explanation for each ratio:
Why it was chosen
What does the calculation mean
Significance of this ratio
Comparison to other entities
Assumptions made
Horizontal Analysis of Income Statement for last 3 years
Point out and explain areas of interest from this analysis.
Vertical Analysis of Income Statement for last 3 years
Point out and explain areas of interest from this analysis.
Items of Interest–for last 5 years—from Local/Regional/National News Media regarding Port Everglades
Good News and why?
Bad News and why?
Your Recommendations—Do not just rubberstamp the existing plans of action; recommend changes based upon your analysis. (Keep in mind that as a consultant, you do not earn your fee if you cannot make recommendations for improvement.)
Proposed Plan of Action
Estimated Timeline for implementation and completion of Proposed Plan of Action
Pro Forma Income Statement (for next 2 years) based upon your Recommendations, Conclusions, and Proposed Plan of Action
Display both years in Good Form
List and explain assumptions used in preparation of Pro Forma Income Statement
Conclusions
NOTE: There are three files available in Canvas that provide information about Port Everglades—they are for illustrative purposes only. They are outdated files and are shown to give you an idea of files that are available on the internet. Do not use these outdated files in your paper; although you may use updated versions of these files.There is additional resource information aboutPort Everglades: http://www.porteverglades.net/about-us/ (Links to an external site.)Port of Miami: http://www.miamidade.gov/portmiami/ (Links to an external site.)Port Manatee: http://www.portmanatee.com/ (Links to an external site.)Additional requirements note of interest
Note of Interest—this project paper is NOT to be construed as a financial statement analysis similar to the paper you prepared for a Financial Accounting course. While financial statement is used by consultants in evaluation strengths and weaknesses of a entity, financial analysis is only one part of the overall picture. Financial statement analysis is not the major focus of this project.
This comprehensive project must be a minimum of 10 pages (not including title page, abstract, table of contents, appendix and reference page).
The project must be in APA format—to include formatting, citing, and referencing .
Links to APA sources for formatting the project are in a file in Module 6 in Canvas.
Any charts and figures included in your project must have an appropriate explanation and APA label;
There may be no pictures in your paper.
Any financial ratios used must include how they are calculated and why these ratios are included in your analysis.
You must include at least five (5) cited resources—other than the resources noted above–for your project.
Note of Interest—As a consultant, you should keep to a minimum the amount of information you use that is generated by your client or your clients parent organization. This means you should limit the amount of information in this paper–other than financial information—that comes from the Port Everglades or Broward County websites. A client does not like their consultants to regurgitate/repackage information that the client’s own employees have already presented and the client has published. This means you will have to find external resources to support your SWOT analysis.
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