WE WRITE CUSTOM ACADEMIC PAPERS

100% Original, Plagiarism Free, Tailored to your instructions

Order Now!

ACCT 20051/20077: Practical and written assessment

ACCT 20051/20077:
Practical and written assessment

Due date:

7 September 2015

ASSESSMENT

Weighting:

20%

Part
B

NO
SIMILARITY, PLEASE FOLLOW THE FORMAT AND MARKING CRITERIA FOR THE ASSIGNMENT
AND SUITABLE
REFERENCING
Objectives
This assessment item relates to the course learning outcomes 1, 2, 3,
and 4.
Details
The assignment must
be completed as an individual
assignment. There is no specific writing style required such as a report or an
essay for answering the questions in Part B. Please do not repeat the question
in your answer, and simply provide the question number in your answer, for
example:
Question 1: Profitability
(a)
ROA:
The assignment is
based on the actual results for a prescribed selected company listed on the
Australian Stock Exchange (ASX). Students should use the annual reports for the
financial years ending 30 June 2014, 2013 and 2012. Students may also review
commentaries written by industry analysts that provide critical analysis on
various aspects of the selected company’s operating performance, financial
position, cash flow and strategies.
Students are not allowed
to either directly or indirectly contact the company for which annual reports
are used in this assignment. Students are also not allowed to contact analysts
directly or indirectly to gather information and/or advice about this
assignment. Students must base their analyses purely on the information that is
provided on the company’s website and/or on the Australian Stock Exchange.
In all your calculations, show the absolute figures from the
financial statements. Also support any arguments with absolute figures from the
financial statements.
Retain a copy of your
assignment for your records.
Don’t:
·
Spend time unnecessarily
paraphrasing any information provided in the course material and textbooks.
·
Just simply identify and
mention the issue. You need to elaborate on it, explain exactly what you mean
and justify your arguments where appropriate.
Allocation of marks
Please use the marking criteria sheet as a
guideline for how marks will be allocated. You will note that no marks are
allocated for referencing as it is not expected that you do research in this
assignment. However, if you choose to support your answer(s) with using the
work of others, please ensure that you use the correct referencing style as stated
in the Course Profile.
Formatting
Please keep in mind that marking is done in soft copy, hence allocating
marks for the formatting. To obtain these marks, ensure you comply with the
following:
·
Font: Time New Roman, 12 point,
1.5 line spacing
·
Document submitted onto Moodle
must be in Word format, allowing the
marker to use track-changes to provide comments and indicate where you received
marks. Please do not submit a pdf document or copy from another source such as
for example include screen shots of calculations done in excel. The track-changes
function cannot be used to do the marking in these and hence only information
created in Word will be marked.
·
Page: portrait orientation
·
Footer: Your full name and
student ID, page number and number of pages (i.e. Pat Bird s0123456, page 1 of
3)
·
Marking criteria sheet is
completed and attached as the first page
of the assignment.
Please note: 3 marks are allocated for complying with formatting and
submission requirements.

Assignment
questions
Use the annual reports of McPherson’s
Limited.mcphersons.com.au/”>http://www.mcphersons.com.au
for the years ending 30 June 2014, 2013 and 2012 in answering the
questions below. Please use the restated
figures provided in the most recent annual reports. You must use the ratios
and formulae given in chapter 8 of the prescribed textbook. Show all the
formulae and absolute figures used in calculating all the ratios. You do not
have to show any graphs to illustrate trends in the ratios. Show ALL your
calculations. You will note marks are provided for correct figures. Partial
marks can only be provided if you provide your workings and the marker can
identify where you went wrong in the calculations.
For
questions 1 to 4 below, calculate the two relevant ratios from 2012 to 2014:
Question
1: Profitability analysis (6
marks)
(a)
Return on assets
(b)
Net profit margin
Question
2: Asset efficiency (6 marks)
(a)
Days inventory
(b)
Days debtors
Question
3: Liquidity (6
marks)
(a)
Current ratio
(b)
Quick ratio
Question
4: Capital structure (6
marks)
(a)
Debt to Equity ratio
(b)
Debt ratio
Question 5 (Word limit:
maximum 250 words) (8
marks)
Explain what each of the eight ratios in questions 1 to 4
above reflect or measure. In other words, what does each of these ratios tell
us about the performance, position and operations of an entity.
Question 6 (Word limit:
maximum 250 words) (12 marks)
Analyse the trends from 2012 to 2014 in all eight ratios you
calculated in questions 1 to 4 above and discuss whether each of the eight ratios
has improved or deteriorated. Please do not
state if the ratio has increased or decreased but state if it has improved or
deteriorated. Also provide two reasons for the change in each of the eight ratios.
Question 7 (Word limit:
maximum 600 words) (13
marks)
Based on your calculations in questions 1 to 4 above and your
answers to questions 5 and 6, would you buy shares (invest) in McPherson’s Ltd?
Justify your answer by discussing each of the following categories separately:
(a)
Profitability
(b)
Asset efficiency
(c)
Liquidity
(d)
Capital structure
Conclude at the end of each category if you would invest in
McPherson’s based on the particular category. Then make an overall decision if
you would invest in McPherson’s Ltd.

Student
name

Student
ID

Marking Criteria Sheet:
ACCT20051 and ACCT20077

Marks available

Marks awarded

Questions

1 Profitability analysis: (3 marks
for each ratio, 1 mark per year for correct figures)
·
Return on assets
·
Net profit margin

6

2 Asset
efficiency: (3 marks for each ratio, 1 mark per year for correct figures)
·
Days inventory
·
Days debtors

6

3 Liquidity: (3 marks for each ratio, 1 mark per year for
correct figures)
·
Current ratio
·
Quick ratio

6

4 Capital structure: (3 marks for each ratio, 1 mark per year
for correct figures)
·
Debt to Equity ratio
·
Debt ratio

6

5 Explanation of what each ratio reflects or measures:
1 mark for each ratio

8

6 Discussion of trends in ratios of McPherson’s Ltd
·
0.5 mark for each ratio stating if it improved
or deteriorated
·
0.5 mark per reason for change of each ratio (1
mark max per ratio)

12

7 Decision to buy shares in McPherson’s Ltd: Commenting on
·
Profitability analysis (3 marks)
·
Asset efficiency (3 marks)
·
Liquidity (3 marks)
·
Capital structure (3 marks)
·
Overall decision (0.5 mark) with justification
(0.5 mark)

13

Formatting and submission requirements

3

Assignment
Total marks

60

Assignment
Total out of 20 marks

20

Our Service Charter

  1. Excellent Quality / 100% Plagiarism-Free

    We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
  3. Confidentiality / 100% No Disclosure

    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
  4. Money Back Guarantee

    If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
  5. 24/7 Customer Support

    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

Excellent Quality
Zero Plagiarism
Expert Writers

Custom Writing Service

Instant Quote
Subject:
Type:
Pages/Words:
Single spaced
approx 275 words per page
Urgency (Less urgent, less costly):
Level:
Currency:
Total Cost: NaN

Get 10% Off on your 1st order!