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BUSI1550-Creativity and Decision Making in Business

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Answered

Assignment

Activity 1

Load the SimVenture business simulation package and select the Fine Tuning scenario

1. Calculate as many accounting ratios as possible for the month of August and explain what these ratios mean in terms of evidence.

2. Analyse the History of the previous six months trading and identify exactly what has gone wrong and when. Graphs and tables will be useful in pinpointing this evidence.

3. Formulate clear recommendations into an action plan for improving the situation

You should submit a formal Consultancy Report in which you explain 1, 2, and 3 in an attractive, easy-to-follow way. Note that 1 & 2 are about evidence, so you will need to include ratios, graphs, and tables, but that your explanation and interpretation is just as important. In 3, you action plan should be as clear as possible

Activity 2

Trade the company for a further 4 months – until the end of December – following your action plan above.

1. Calculate as many accounting ratios as possible for the month of December and compare and contrast them with those calculated for August.

2. Analyse the History of your four months trading, from August to December. Graphs and tables will be useful in pinpointing this evidence.

3. From the evidence, show how far your action plan has succeeded.

BUSI1550-Creativity and Decision Making in Business

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Overview In this assignment you are placed in the role of an analyst that is advising the CFO of a company that is in the process of considering how to finance an acquisition. In order to successfully complete this assignment, you will utilize the theory studied in class, information provided on Bl ...

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Select an Australian public company from the following sectors in the ASX Listed Companies list.   • Automobiles and components • Energy • Food, beverage and tobacco • Health care equipment and services • Materials • Pharmaceuticals & Biotechnology • ...

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Following the submission of your first assignment that investigated and provided information about the subject property and the market, your client has now decided to invest in the office building under consideration and would like you to advise them on the current market value of the property and t ...

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Review the financial statements prepared by the trainee accountant. Discuss what corrections / changes need to be made to the financial statements, to ensure that they comply with the requirements of AASB 101. Provide references to relevant paragraphs in the accounting standards where appropriate to ...

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