Your instructor will assign you one of three Australian retail companies that are listed on the Australian Securities Exchange (ASX) as follows: Myer, Harvey Norman, JB Hi Fi Limited. You are required to obtain the 2019 Annual Report for the company you have been assigned to work on. – NO PLAGIARISM
As you may already be aware, the previous Marketing Manager, will be taking 12 months of maternity leave commencing immediately. You have been recommended by the Line Manager, to take on this role in her absence with the title of Acting Marketing Manager.
February 5, 2020
FNSINC602 Interpret and use financial statistics and tools are included in this Student Assessment Tasks booklet and outlined in the assessment plan below.
February 5, 2020
Assessment 3 InformationSubject Code: BUS103Subject Name: Accounting for ManagersAssessment Title: Company’s Annual ReportAssessment Type: Individual Written ReportWeighting: 20 %Total Marks: 20Submission: Individual Submitted via Turnitin in MyKBSWritten ReportDue Date: Monday of Week 11 at 3:55 pm AEST (Written Report)Your TaskYour instructor will assign you one of three Australian retail companies that are listed on the AustralianSecurities Exchange (ASX) as follows: Myer, Harvey Norman, JB Hi Fi Limited. You are required toobtain the 2019 Annual Report for the company you have been assigned to work on. You must answer allquestions in Part A and B using the 2019 Annual Report of your company.Assessment DescriptionThis assignment is designed to get you to locate the Annual Report for a company and become familiarwith its contents, particularly the financial statements and the notes to the financial statements (LO 2 and3). While we have looked at very basic formats of the financial statements, the financial statements for a2/5/2020 [Solved] 53198 – Assessment 3 InformationSubject Code: BUS103Subjecthttps://www.australiabesttutors.com/Recent_Question/53198/Assessment-3-InformationSubject-Code-BUS103Subject 3/6company contain much more detailed information much of which you have not been introduced to yet.Pay attention in the Annual Report to the information provided in the notes to the financial statements asyou will find a lot of useful information in them that may help with some of the assignment questions.The schedule for the assignment is given:Week 3 Your lecturer will allocate you one of the companies mentioned above, using the random process.Week 6 Discussion and overview of Part A of the assignment and marking rubric.Week 7 Discussion and overview of Part B of the assignmentPART A – THE COMPANY REPORT (Refer rubric below for marking guidance)Question 1Describe the principal activities of the company? (1 mark)Question 2Define the revenue recognition criteria of the company and identify the page number and note numberwhere this is stated in the annual report? (1 mark)Question 3Describe how the company values all classes of property, plant and equipment? Identify the page numberand note number where this is stated in the annual report? (3 marks)Question 4Name the Audit firm responsible for performing the audit of the financial statements of the company.Explain why the auditor must declare their independence, and also explain why the financial statementsmust be audited by an external party. (3 marks)Question 5Provide any evidence of the company’s initiative or commitment to business sustainability practices. Whyare businesses concerned about sustainability? (2 marks)PART B – ANALYSIS OF COMPANY’S FINANCIAL INFORMATIONQuestion 1Using the company financial information, analyse and compare their 2018 and 2019 financial data byanswering the following questions (you should analyse 2 ratios for each question):A. Calculate the efficiency of the company by identifying and calculating two efficiency ratios. You needto calculate the two ratios for 2018 and 2019 (2 mark).B. You must also explain what the efficiency ratio results tell us about the company performanceoccurring between the 2 periods (1 mark). Has the company’s efficiency improved or deteriorated? (1mark)C. Analyse the profitability of the company by identifying and calculating two profitability ratios. Youneed to calculate the two ratios for 2018 and 2019 (1 mark).D. You must also explain what the profitability ratio results tell us about the company performanceoccurring between the 2 periods. (1 mark) Has the company’s profitability improved or deteriorated? (1mark)E. Analyse the company debt position by identifying and calculating two ratios. You need to calculate thetwo ratios for 2018 and 2019 (1 mark).F. You must also explain what the debt ratio results tell us about the company performance occurringbetween the 2 periods. (1 mark). Has the company’s debt position improved or deteriorated? (1 mark)Part A Assignment Rubric: 10% The Company reportComponents High Distinction85 – 100% (Marks 8.5 to 10.0) Distinction75 – 84% (Marks 7.5 to 8.49) Credit65 – 74%(Marks 6.5 to7.49) Pass2/5/2020 [Solved] 53198 – Assessment 3 InformationSubject Code: BUS103Subjecthttps://www.australiabesttutors.com/Recent_Question/53198/Assessment-3-InformationSubject-Code-BUS103Subject 4/650 – 64%(Marks 5 to 6.4) Fail0 – 49%(Marks 0 to 4.9) MarkAwarded(Out of 10)WrittenReportTechnicalcontent10% The report clearly identifies and addresses all the technical issues raised & provides clear, correct &decisive answers displaying an outstanding understanding of each of the questions. The report clearlyidentifies and addresses most of the technical issues raised by your investigation and provides clear,correct and decisive advice displaying a good understanding of most of the questions The report clearlyidentifies and addresses some of the technical issues raised by your investigation and provides reasonablyclear, correct and decisive answers. The report identifies and addresses some of the issues raised by yourinvestigation and provides fairly clear, but not always correct and/or decisive advice. The report does notidentify or address the questions.It displays a lack of understanding of some or most of the issues raised.Referencing Referencing Referencing Referencing Referencing Referencingis correct is correct is almost has some is not correctthroughout throughout all correct inaccuracies in many cases.Important Study InformationPage 3 Kaplan Business School Assessment OutlineAcademic Integrity PolicyKBS values academic integrity. All students must understand the meaning and consequences of cheating,plagiarism and other academic offences under the Academic Integrity and Conduct Policy.What is academic integrity and misconduct?What are the penalties for academic misconduct?What are the late penalties? How can I appeal my grade?Click here for answers to these questions:http://www.kbs.edu.au/current-students/student-policies/.Word Limits for Written AssessmentsSubmissions that exceed the word limit by more than 10% will cease to be marked from the point at whichthat limit is exceeded.Study AssistanceStudents may seek study assistance from their local Academic Learning Advisor or refer to the resourceson the MyKBS Academic Success Centre page. Click here for this information.
QUALITY: 100% ORIGINAL – NO PLAGIARISM.
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