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Crown Resorts Limited is my company When writing about the definitions of your ratios and using the benchmarks to provide your arguement about whether the results are considered to be 'good' or 'bad', the following questions should be considered: - Is there an arbitary benchmark? - Is there an easily accessible industry average for this ratio for my company? If not, compare it to another company in the same industry. - How do the two financial years differ? - Can the ratio be explained by the product that they sell or by where they are in their life cycle? - Can the ratio be explained by the way the company appears to be managing their assets or equity? Not all of these benchmarks/ questions will be relevant for all ratios. For example, for the days inventory ratio, you would state that whether the result is good or bad depends on the product that is being sold and how it compares to others in the industry and previous financial years. You could for example write (do not copy this exactly; please use your own words and references): The days inventory ratio for XYZ is 123 days. Whether this result is favourable depends on the product that is sold, how it compares to others in the same industry and whether the result is an improvement from previous financial years. XYZ is a supermarket and we would therefore expect a low days inventory ratio. When compared to ABC, the days inventory ratio shows......... XYZ's days inventory ratio also shows an improvement from 2016 to 2017. For more examples on how to write your analysis, refer to the textbook. Please recall from the getting started with task 2 video that there are two places that you can access the financial statements (1) from the company website through their annual report or (2) from the Wall Street Journal Website. Most students find the Wall Street Journal website much easier to get to and it also provides more detailed information. The website also has the answers to the ratios which you could look at to check whether your answer is correct (this is why you must show workings in order to get marks for the calculation of ratios). Please show the calculations in the body of the report, not in an appendix. An appendix is for calculations that are not directly discussed in the body of the report.

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Task You are working as an accountant in a regional accounting firm and have been approached by the owner of a start-up wholesale business. They have chosen Saasu as their accounting system and have asked you to set up their business in Saasu and enter the first month’s transactions. You will ...

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David is a long-standing client of one and he asked for tje advice on this matter. He is a dentist but is unwell at the moment and can no longer practise.....Prepare a letter of advice to David. ...

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Q

Question. 1 (10 marks) Identify two tangible and two intangible resources of your company. Conduct PESTLE analysis based on available financial and non-financial information. Justify how does your company’s organisational strategy (vision, mission or objectives) reflect toward its external ...

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1. 1250 words 2. harvard referencing 3.Make a critique of a given article on positive accounting theory 4. include Epistemology and Ontology of PAT 5. follow the format of the report as attached ...

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