Finance : Page - 7

Part 1: IntroductionThe current part of the assignment pertains to computations regarding capital budget and for investment appraisal of Riverlea. In this part, the investment upon machinery as a part of the company's business expansion has been examined using capital budget techniques. Daunfeldt and Hartwig (2014) mentioned that capital budgeting techniques examined the expected earnings and revenues generated from a particular investmen...

Audit PlanningAudit planning is the beginning of the procedure of auditing. It is an auditor’s responsibility to plan audit properly. As the planning include forming the strategies to develop an audit plan which takes in particular planning the risk assessing procedures and plan the resultants to the risks associated with the material misstatement (Hayes, 2014). Audit planning is the continuous process starts after the previous audit end...

Analyzing the Current Macro EnvironmentChina and Australia maintained a good international relation in terms of trade and investment. Economic growth in China propelled since 1970. The economic growth has brought growth in different sectors including manufacturing, infrastructure and smoothen the path of economic urbanization. Along with demand has created for different raw materials, energy demand for transport and electricity and other bui...

QuestionsThis work has been divided among four members of the group. In order to perform the task effectively and efficiently all the task of the assignment has been read out carefully, after that the project was divided according to the strength of the group member. Second question of the report that is Company Perspective is done by the member 1 and he is having strong point in this area, while he was doing his project we all were there wi...

Question 1The value of the revenues for the financial year 2011 and 2016 are as highlighted below (Morningstar, 2017). Operating revenue in financial year Operating revenue in financial year Company’s five year growth rate (CAGR) can be computed as 5 year CAGR    =  per annum Therefore, the five year growth rate is 5.97% per annum.  Case: If this CAGR would be expected to continue then the operating revenue for...

Sustainability ChallengesThe oil and gas industry is a crucial industry, without which, the daily lives of the common people is next to impossible. Oil and gas are something which is needed for commuting, for cooking food, for machines, or commercial products like plastics, fertilizers, and is even used in some pharmaceuticals (Tom, 2012). So, nearly each aspect of an individual’s life is touched by some or other form of oil and gas. And...

Market Return CalculationThe average daily return is 0.13%, monthly return is 4% and the yearly return -1.18437.  The stock is selected for investment after analyzing the return that the stock gives in short, medium and long term. The risk associated with the stock is compared with the return it offers and based on the comparison of the risk and return the shares are selected. In this stock, the risk associated with the stock is low but ...

DiscussionThe report is prepared for after analyzing the risk associated with the supply chain and the solution that can be used for mitigation of the risk. The risk management is necessary for the success of the project and the different factors of the supply chain are reviewed with reference to different secondary sources such as scholarly articles and journals and websites of different organization are reviewed for gathering information. Th...

An overview of the Non-Profit Distribution ModelIn any country, the government or the regulatory authorities have the responsibility to maintain a high welfare for the residents of the country as a whole and to increase the economic growth as well as development of the same with time. To facilitate the increase in the overall welfare of the residents of a country, it is important for the government to assure that there are proper infrastructur...

Foreign Investment in AustraliaForeign direct investment is considered as an integral part of the open and effective international system of economics and is also considered as a major catalyst in the development of the country. However, the benefits of the foreign direct investment do not accrue automatically and evenly across the country, its sectors, and the local communities. The national policies and the architecture of the international ...

Financial ObjectivesIn every business organizations, the Finance part is one of the major parts as the success of the business organizations largely depends on the financial performance of the companies (Brigham and Houston 2012). There is not any exception of this fact in case of the new business organizations or the start ups. For the start up businesses, the finance part is one of the major aspects as the owners of the new companies need to...

Industry Situation and Company PlansFlight Centre Travel Group Limited is one of the largest travel groups in the world. The group was started in Australia where its current headquarters are. The group home office is in Brisbane Australia (About Us, n.d). The company started as a small travel agency which has grown over the years into this well-recognized travel group. Currently, the company operates in over twenty-three countries worldwide with...

Director’s ConcernThis report has been prepared to analyze the financial report and the preparation of financial report of a company by fulfilling all the statutory requirements. In this report, directors concern about the financial report has been analyzed to resources allocated to company for the process of monitoring. Further, audit committees objective has been discussed. More, a recommendation has been given to the committee about t...

Part (a) - Calculating RatiosMitchells and Butlers Plc generally deals in managing the restaurants and pubs. The main objective of the company is to make their guests comfortable and make them love to eat and drink with the brand. They deal in the large and fragmented UK eating and drinking out market (Mbplc.com 2017). The format and the portfolio of the company includes some big names like Browns, Toby Carvey, All Bar One, Harvester, S...

Introduction to case study organizationThis report will use Marks & Spencer as a case study to evaluate the performance of organization and how this performance can be measured. M&S is a British company dealing in the clothing retail industry. The company was formed in the 1884. it specializes in selling of men`s clothes, women`s clothes and luxury food products. The measurement if performance for the organization is important in det...

Business Culture Differences in ChinaThe manner in which countries carry out business activities vary depending on their set cultures and the same applies to china and New Zealand. The way china does its business is quite different from how New Zealand conducts business and there is a lot that can be learnt by New Zealand even as it focuses on strengthening its business ties with the east especially china (Fang, 2012) It is advisable to hav...

Overview of JB Hi-FiJB Hi-Fi is an Australia based retailer company that specially offers the specialized video games, CD’s DVD’s, Blu-rays, home appliances and electronic hardware (JB Hi-Fi Ltd, 2016). The company’s headquarter is in Melbourne, Australia and it was founded by the Keilor East in 1973. JB Hi-Fi was commenced as private equity but converted into public sector company  after floating shares in Australian st...

Background of International Financial Reporting Standards (IFRS)International Financial Reporting Standards are set of Accounting Standards developed and issued by International Accounting Standard Board. These standards are the guidelines for the preparation and presentation of Financial Statements by companies. They were written in 1973 for the first time and were discontinued by IASB thereafter. It began its operation again back in 2001 and...

Global Trends in Road Network ExpansionThe increasing failure in many construction projects across the globe has enhanced the need of risk management, which are causing the projects to be delayed. Globalization has attracted many foreign investors in the different parts of world. This has enhanced the pressure of managing the requirements within the deadline and with the utter quality. However, the situation has become worse because of several...

LiquidityThe report analyzes the changes in health and financial performance of Next Plc over the last five years. Next Plc is British Multinational clothing, home products and Footwear Corporation listed on London stock exchange (nextplc.co.uk 2017). Objective of group is to deliver long-term returns to shareholders through a combination of sustainable growth in payment of cash dividends and earnings per share (Anderson et al. 2015).&nbs...

Background on BRIC economiesThis is a study, which will portray the investment opportunities in the emerging markets. The countries that have been selected for analyzing the investment opportunities are Brazil, Russia, India and China. These four countries are emerging in nature and is grabbing the attention of the foreign investors because of the lucrative setup of these market economies. Brazil is one of the largest economies in the continent ...

Advantages of Procurement in Project ManagementProcurements and contracts are extremely vital issues for successful completion of a project management. Master planning for acquisition and purchases, requests for proposal, selection of vendors, contract administration, and contract closure are inevitable parts of the process. Learning from the case study of New Royal Adelaide Hospital AG Report and benchmarking against best practices, guideline...

The Need for Audit Expertise in DIPL1. In the business organizations, certain issues may arrive that can only be solved by the viewpoints and expertise of the audit experts. For this purpose, companies can find the necessary guidelines in International Auditing and Assurance Standard Board (IAASB). It is essential for the audit expects to use the obtained financial information about the auditing entity as audit evidences while developing the a...

Brief Description of Industry and MarketA business organization is said to be one that provides a product or a service to the target market in exchange for monetary value. The person who is responsible to set up, initiate and organize the inception of such an endeavor is an Entrepreneur. The Entrepreneur is hoped to have a definite skill set that will help the organization grow and expand in the future (Ucbasaran et al.  2013). With every b...

Answer: Introduction: Initial investment Required to be made in the project is $550,000 of which $350,000 would be invested in the long-term assets and equipment’s needed to get the coffee café started. It is estimated that the main costs in the production of coffee would be materials involved. The direct materials involved in production is as follows: Milk – 20% Coffee & Sugar – 10%. It is estimated that ...