Part 1: Stock Repurchases

In the short article “Royal Dutch Shell Finally Delivers Big Stock Buyback, but Shares Break Support” by Aparna Narayanan (see below), stock repurchases may produce favorable effects on key financial ratios.

Narayanan, A. (2018, July 26). Royal Dutch Shell finally delivers big stock buyback, but shares break support. Investors Business Daily. https://libraryresources.columbiasouthern.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=131003207&site=ehost-live&scope=site

After reading the article, write what addresses the prompts below.

• Include an introduction that summarizes the article.
• Analyze the importance of stable dividend policies.
• Determine reasons behind stock repurchases.
• Analyze how individual financial metrics are specifically affected by stock repurchase plans and returns.

Part 2: Supply Chain Management

Select a company of your choice and calculate the most current days of working capital (DWC) that are available. Review page 656 in the textbook, and watch the short video segment “Working Capital,” which is one of the required unit resources in this unit. In addition to your calculations, include the information below 

• How does this company’s ratio compare to those of its competitors?
• Why is comparing this ratio to the industry average important?
• Explain how a well-managed supply chain can come into play here.

You may use the company’s webpage

needs to be least four pages in length. Use APA format to cite and reference all quoted and paraphrased material, including your textbook. Use a minimum of four sources, one of which may be the textbook. Include a title page, introduction, body, conclusion, and references page. An abstract is not required.