Stakeholders and Their Decision-Making NeedsPart A1) Users of accounting informationThe textbook, Smart, Awan & Baxter, p. 21 lists the following stakeholders who have an interest in accounting information:owners and investorsmanagerscreditors and lendersemployeesthe governmenta) Explain the meaning of ‘stakeholder’.b) For each of the five listed stakeholders above, state:i) a specific decision that the stakeholder would make, th...
Convertible Loan Stocks and Non-Current LiabilitiesQuestion 1 Jet Bhd has 8% convertible loan stocks that have a value of RM1,000 per unit. 1,000 units were issued at RM1,000 per unit on 1 July 2017. The loan stocks are convertible to ordinary shares or redeemable in cash at RM1,000 per unit in three years from the date of issue. The directors had decided to issue the convertible loan stocks because non-convertible loan stocks would have requir...
Scenario 1: Hedging Unleaded Gasoline with NYMEX FuturesQ1. Your company, which requires unleaded gasoline, is considering hedging. Assume that the company unleaded gasoline at the beginning of each month; the futures traded on the NY Mercantile Exchange (NYMEX) are delivered to NY harbor. Using weekly data from January 2007 till the end of 2019 from the US EIA at DOE [the Energy Information Administration, a part of the Department of Energy,,...
Purpose: The purpose of this assignment is to enhance learners’ understanding on qualitative characteristic of accounting information and enhance skills to prepare the journal entry, trial balance and financial statements. Assignment Select one listed company on Bursa Malaysia and access the annual report of the company for the year ended 2018. Question 1 Discuss how ‘feedback value’ and ‘forecast value&rs...
Part APart A 1) Users of accounting information The textbook, Smart, Awan & Baxter, p. 21 lists the following seven stakeholders who have an interest in accounting information:• owners and investors• managers• creditors and lenders• employees• the government• unions• the general public. a) Explain the meaning of ‘stakeholder’. b) For each of the first five listed stakeholders above (i.e. excl...
Background of Moore Plumbing SupplyMort Moore founded Moore Plumbing Supply after returning from duty in the South Pacific during World War II. Before joining the armed forces, he had worked for a locally owned plumbing company and wanted to continue with that type of work once the war effort was over. Shortly after returning to his hometown of Minneapolis, Minnesota, he became aware of an unprecedented construction boom. Returning soldiers ne...
Problem 1: Cost of Equity-CAPM using Arbitrage Pricing Theory This competency assessment addresses assessing the value of investment projects. The Arbitrage Pricing Theory helps calculate required stock returns considering a number of factors. In this Assignment, you will apply Arbitrage Pricing Theory to a business scenario. Prepare this Assignment as a Word document. List each question followed by your answer 1. Complete problem: Cost of Equi...
Situation Ah Lee, a financial manager at a US based mid-sized manufacturing firm, has been caught off-guard before. In an effort to earn the most on excess cash, Ah Lee once bought five-year US Treasury bonds (a maturity longer than the firm’s liabilities) only to see interest rates rise. The loss when the Treasury bonds were sold did not make Ah Lee’s supervisor, Carlo, Chief Financial Officer, very happy. Ah Lee is now in a ...
Overview of the main problem identified and insights gainedQuestion 1 — Revisiting your first assignment. Give an overview of the main problem identified, insights gained from research and the idea and brand that you developed to solve it. This should be a summary of your first assignment, as it gives context to this summative assignment. Question 2 — Business model analysis Develop a business model and a value proposition for you...
PurposePurpose The purpose of this assignment is to enhance learners’ understanding on financial market and ratio analysis. Requirement You are required to prepare both assignments (Assignment 1 and Assignment 2) using the attached rubrics. You have to submit BOTH assignments ONCE only in a SINGLE file. Assignment 1 Financial market is an intermediary between those who have surplus of funds with those who are in need of funds. E...
Question 1: True or False StatementsTask: Question 1: Are the statements below true or false? (0.5 mark for each) Explain the reasons for your answers. a.It is impossible for a country to run both current account surplus and capital account surplus in the same year. b.Suppose that the United States is on a bimetallic standard at $35 to one ounce of gold and $3 for one ounce of silver. If new silver mines open and flood the market with silver,...
Performance Analysis of Existing Asset AllocationSimpson was concerned about the economic outlook for small colleges like Hawksville College. He anticipated the need to continue relying on the endowment fund in the coming years. He also felt strongly that a return of 1% per month represented a floor below which the portfolio return should not drop. He wanted Muffett to suggest an efficient asset allocation to achieve this goal. Last, but not l...
In the accounting field, you will often be expected to both enter calculations accurately and articulate what this information means to internal and external stakeholders. In addition, you will be expected to propose financial solutions when a company is faced with a policy change, or when the company’s regulations change. For this project, imagine that you have just started in a new role as a financial accountant preparing for a year...
Material EventsPapaw Ltd finalised their financial statements for the year ended 31 December 2018 and authorised them for issue on 20 March 2019. The new managing director is unsure about the treatment of the following eight material events and has asked for your professional advice. (i) 15 January 2019 – The directors declared a final dividend for the year ended 31 December 2018 of 11 cents per share. The total dividend payable was $33...
Case study Travis Perkins have supplied building materials to the trade for over 200 years. They are one of the largest suppliers to the UK’s building and construction industry, with a national network of more than 645+ branches ‘We have the best people and the best place to work, and our team of 30,000 colleagues operate from more than 2,000 branches, stores and sites around the UK’. They are experts in their area and dedicat...