fb
$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Stuck on Your Question?

Get 24x7 live help from our Top Tutors. All subjects covered.

loader
250 words

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Students Who Viewed This Also Studied

173 Pages
MOD003457 Business Planning

Question: It is the end of the financial year and you are required to produce a management accountant’s report to be given to the company’s chief financial officer (CFO). Choose a company (real o ...

Course

MOD003457

Type

Programming

Subject

Finance

University

Anglia Ruskin University

2 Pages
Management

We want to conduct a case study on Tescos and what they use accounting and finance information for, showing inter-relationships, and ultimately show how the application of accounting and finance princ ...

Type

Dissertation

Subject

Finance

4 Pages
Financial Management

Financial Management 2 - Working capital management and strategic management accountingIn last Week’s collaboration you evaluated whether a boat landing or a restaurant would make for a better f ...

Type

Assignment

Subject

Finance

17 Pages
FINA861 Corporate Financial Management

 Pick the same company as you did for the Case study 1 (A2 MILK COMPANY/ATM.NZ) and make sure the company has issued corporate bond in the last 3 years that is listed on NZX.  If the co ...

Course

FINA861

Type

Assignment

Subject

Finance

University

Auckland University of Technology

Management

Question

Answered

Assignment question: Youtus Enterprise is an Australian sole proprietorship business which is managed and controlled by The Laba family. With a good background in accounting and finance, Mr. Laba maintains the firm’s books of accounts in addition to the management of the day-to-day operations of the firm. The two sons of Mr. Laba provide additional assistance in their capacity as the sales and product development managers of Youtus. As a family business with a sole proprietorship status, Mr Laba has resigned himself to the constitution of a board of directors of five (5) members with only one independent director. Board meetings are held twice yearly where decisions are made based on majority rule. Youtus Enterprise produces sport gear for elite sport athletes with a focus on the delivery of high-quality running shoes, soccer boots among others. The production process being outsourced to firms in China and Bangladesh, Youtus takes care of the product development process to ensure that high-quality designs are created to produce items of great quality. The firm currently has ten (10) warehouses and three (3) retail centres across Australia. In 2014, Youtus started its online sales to help widen its market base internationally. Although the online sales figures have been growing steadily, Mr. Laba and his sons intend to invest more in online sales technology to boost online sales in the coming years. Furthermore, management of Youtus is considering an expansion of its product line with the introduction of two new soccer boots; Youtus Light and Youtus Flex. In its ten (10) years of operation, Youtus Enterprise has experienced an annual growth in sales of over 20% with a return on equity of 12.5%. The continual good performance of Youtus Enterprise is attributable to its production of high-quality products and great customer care. Over the past four (4) years, Youtus’ brand loyalty and recognition has soared among its customers and seem to rival that of other well-established brands within its industry. Premised on these positive market indicators, proposals have been put forward to revamp operation and undertake massive expansion for further growth in the future. In consultation with the investment advisers of the firm, the management of Youtus came up with two options which could be exploited for attaining its business expansion. Since capital is the most critical resource for the business expansion, the management of Youtus has been advised to consider either an equity funding option or debt funding process. Under the equity funding option, Youtus must change from sole proprietorship business to a company limited by shares and further sell 40% of its share to the public in an Initial Public Offer (IPO). Additionally, Youtus has been advised to constitute a more diverse and independent board for an effective corporate governance. Furthermore, Youtus must revamp its information system particularly accounting information system for better corporate reporting. Additionally, it has also been mentioned that a chief financial officer must be employed to manage financial and reporting issues of the firm. On the other hand, under the debt financing option, Youtus can maintain its original business status and secure a bank loan for its expansion strategy. However, management has been notified that cost of funding is likely to be very high even though interest expense would be deductible for tax purposes. Although Youtus must streamline its information system for better reporting, securing the services of chief financial officer is not deemed to be very crucial. The investment advisers also indicated that there is possibility for some changes to be made in regulation relating to foreign subcontracting by Australian firms. With the Australian government seeking to protect its local manufacturing industry, Australian firms with foreign subcontractors are likely to be adversely affected if the new policy is approved by the parliament. As a part of the growth strategy for Youtus Enterprise, management is considering the acquisition of specialised design making machinery for its customised design making process. The item of machinery is intended to help streamline the five-stage customised design making process into a three-stage process with minimal resource wastage. In line with this vision, management of Youtus has negotiated a 5-year lease contract with Souyos Limited to acquire an item of machinery which has been specially altered to suit the unique needs of Youtus Enterprise. The lease contract requires an advance payment of $45,000 and subsequent annual payments of $85,000 at the end of each financial year. Youtus Enterprise has the option to buy the item of machinery at price below its market value at the end of the lease term. The machinery is expected to have an economic useful life of 6-years. With reference to the case study above, provide critical response to the following questions in a report format: Required: 1) Discuss the three possible reasons why Youtus Enterprise require a better accounting information system, an effective corporate governance and a change in business status under the equity financing option in the context of positive accounting theory perspective. (5 marks for each reason correctly stated and 10 marks for a logical explanation = 45 marks) 2) Why is the cost of funding under the debt option expected to be higher than the cost of funding under the equity method of financing. (15 marks for correct explanation) 3) (a) Youtus Enterprise has decided to find a means to influence the outcome of the proposed regulation in its favour. Provide a theoretical justification for the firm’s action in relation to the possible regulatory changes. (5 marks for the theory stated and 5 marks for logical explanation = 20 marks) (b) Cite and illustrate a practice example/s of corporate intervention in public policy formulation. (5 mark for an appropriate and valid illustration) 4) (a) With reference to the agency theory, and assuming the lease liability increases the debt-to equity ratio of Youtus Enterprise, present an argument on whether equity shareholders are better off or adversely affected. (12.5 marks) (b) On what basis is Youtus Enterprise likely not to capitalise this lease agreement. (2.5 marks) 1) It has to be in a PDF format. 2) This assignment has to be in an essay / report format. Either format will be accepted. 3) There is no limit for the reference requirement.

Management

Answer in Detail

Solved by qualified expert

Get Access to This Answer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

26 More Pages to Come in This Document. Get access to the complete answer.

MyAssignmenthelp.com is known for providing high quality dissertation help to students in USA. With an efficient team of writers, we are capable of providing inclusive dissertation writing services in more than 100 subjects. Apart from writing help, we also provide dissertation editing services to those who struggle to review their papers after writing it. Hence, we serve as the best platform for those who struggle to put up a good dissertation.

More Management: Questions & Answers

Q
icon

We aren't endorsed by this University

MOD003457 Business Planning

Question: It is the end of the financial year and you are required to produce a management accountant’s report to be given to the company’s chief financial officer (CFO). Choose a company (real or created) and create a report using Microsoft Word showing both the original budgeted results for t ...

View Answer
Q

Management

We want to conduct a case study on Tescos and what they use accounting and finance information for, showing inter-relationships, and ultimately show how the application of accounting and finance principals inform the organisation's strategy as it seeks to gain competitive advantage. ...

View Answer
Q

Financial Management

Financial Management 2 - Working capital management and strategic management accountingIn last Week’s collaboration you evaluated whether a boat landing or a restaurant would make for a better financial investment. This Week continues your Financial Management collaboration.To Prepare:•Th ...

View Answer
Q
icon

We aren't endorsed by this University

FINA861 Corporate Financial Management

 Pick the same company as you did for the Case study 1 (A2 MILK COMPANY/ATM.NZ) and make sure the company has issued corporate bond in the last 3 years that is listed on NZX.  If the company  has not issued any debt in the last 3 years ,please expert to choose a different NZ ...

View Answer

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

Choose Our Best Expert to Help You

expert
student rating student rating student rating student rating student rating
Jace Bright

I have gathered my post graduation degree from the University of Oxford.

350 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Aron Lane

I did my master’s in Geography from the University of London

300 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Yamilet Rush

I have acquired my Master's degree in Computer Science from James Cook University, Singapore.

800 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Richard Alpert

PhD in Psychology

203 - Completed Orders

Hire Me

Still in Two Minds? The Proof is in Numbers!

33845 Genuine Reviews With a Rating of 4.9/5.

student rating student rating student rating student rating student rating
19 Jan 2022

Assignment

Essay: 3 Pages, Deadline: 5 days

I always take help from myassignmenthelp. I have no regrets as every time they provide high quality help and they provide good discounts as well.

flag User ID: 1***63 Longford, Australia

student rating student rating student rating student rating student rating
19 Jan 2022

Operations

Assignment: 3 Pages, Deadline: 8 days

Good job, I am happy with the amazing services and completed work given. Thank you very much for helping me receive a good mark. Will definitely work ...

flag User ID: 2***91 Kuala Lumpur, Malaysia

student rating student rating student rating student rating student rating
19 Jan 2022

English

Thesis: 3 Pages, Deadline: 2 days

The most satisfying essay I’ve ever received. It covers all parts that I’ve mentioned at the beginning. Thanks a lot pal

flag User ID: 3***95 United Kingdom, Great Britain

student rating student rating student rating student rating student rating
18 Jan 2022

Biology

Essay: 3 Pages, Deadline: 8 days

Followed the instructions and the assignment was done well before the due date. Thank you

flag User ID: 7***23 United Kingdom, Canada

student rating student rating student rating student rating student rating
18 Jan 2022

Civil Law

Thesis: 2 Pages, Deadline: 4 days

Always get good grades when they do my work. Keep up the good work. I will be telling my friends about it

flag User ID: 5***99 Raleigh, United States

student rating student rating student rating student rating student rating
18 Jan 2022

Management

Assignment: 3 Pages, Deadline: 23 days

Good assignment and good support.It is important to review plagiarism and grammer

flag User ID: 3***11 Raleigh, Qatar

student rating student rating student rating student rating student rating
18 Jan 2022

Finance

Assignment: 1 Page, Deadline: 3 days

This PowerPoint presentation is well-done. It fits well with this finance course and the individual did an excellent job. Thank you so much!

flag User ID: 8***35 Saint Louis, United States

student rating student rating student rating student rating student rating
18 Jan 2022

Marketing

Assignment: 11.2 Pages, Deadline: 5 days

Good job done. The assignment is well written, can get higher grade if can provide more in-depth analysis on the topic

flag User ID: 8***66 Saint Louis, Hong Kong

student rating student rating student rating student rating student rating
18 Jan 2022

Marketing

Home Work: 11 Pages, Deadline: 4 days

Overall well written essay, excellent and complete writing in one day, and the Expert prompt reply on comments

flag User ID: 8***66 Saint Louis, Hong Kong

student rating student rating student rating student rating student rating
17 Jan 2022

HRM

Case Study: 8 Pages, Deadline: 6 days

Thanks for your effort. I appreciate it. I have grated 60, which is enough to pass.

flag User ID: 8***12 Dublin, Ireland

student rating student rating student rating student rating student rating
17 Jan 2022

Finance

Home Work: 4 Pages, Deadline: 7 days

The excel formulas were perfect. But the explanation regarding the recommendation was subpar.

flag User ID: 5***90 Dublin, United States

student rating student rating student rating student rating student rating
17 Jan 2022

Physics

Home Work: 1 Page, Deadline: 2 days

Wonderful as always! Very professional and knowledgeable! I love this experts work and always use them when it comes to Physics.

flag User ID: 6***06 Atlanta, United States

student rating student rating student rating student rating student rating
17 Jan 2022

Healthcare

Assignment: 8 Pages, Deadline: 4 days

Really appreciate this work which help me to get 8.9 out of 10. i would like to express thanks to expert.

flag User ID: 5***91 Atlanta, Malaysia

student rating student rating student rating student rating student rating
17 Jan 2022

Healthcare

Assignment: 12 Pages, Deadline: 7 days

Good work . it was help me lots. i got 6.5 out of 10 which is good score for me.

flag User ID: 5***91 Atlanta, Malaysia

student rating student rating student rating student rating student rating
17 Jan 2022

Assignment

Essay: 5 Pages, Deadline: 3 days

amazing results, received a High grade thank you very much, appreciate the help. Can\'t wait to have more assignments so you guys can help me.

flag User ID: 5***22 Atlanta, Switzerland

student rating student rating student rating student rating student rating
17 Jan 2022

Assignment

Essay: 1 Page, Deadline: 3 days

Hello, Thanks for the quick delivery. And the job well done. looking forward to do more.

flag User ID: 5***06 Atlanta, Canada

student rating student rating student rating student rating student rating
17 Jan 2022

Management

Essay: 4 Pages, Deadline: 4 days

Thanks for quick delivery. I will go through it and see what you have done. Yet to be graded

flag User ID: 5***06 Atlanta, Canada

student rating student rating student rating student rating student rating
17 Jan 2022

Statistics

Course Work: 7 Pages, Deadline: 1 day

Great work- Job well done!! Work was completed before schedule.I Would highly recommend this service to others.

flag User ID: 8***59 Atlanta, United States

student rating student rating student rating student rating student rating
16 Jan 2022

It Write Up

Assignment: 10 Pages, Deadline: 11 days

thank you a lot for helping me with the assignment and doing this so on time . you did exactly what i wanted you to do. i am very satisfied .

flag User ID: 8***43 Atlanta, Netherlands

student rating student rating student rating student rating student rating
16 Jan 2022

Programing

Programming: 1 Page, Deadline: 10 days

thanks i had a good grade although it took so many back and forth i hope it wont happen again

flag User ID: 6***09 Atlanta, Philippines

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?