Evaluating Rite Aid Using COSO Research Rite Aid’s fictitious financial reporting schemes that took place around 1999: the main schemes were that they overstated ending inventory values to reduce cost of goods sold, adjusted gross profit entries to reduce cost of goods sold, and improperly recognized vendor rebates to reduce cost of goods sold. Consider […]
Comment on the financial performance of Shaybah Plc between the years 2020 and 2022 using the ratios above and any other financial measure you feel appropriate.
Question 1 Required: 1.1 Calculate the following ratios for Shaybah Plc: Gross Profit Margin Net Profit Margin Net Asset Turnover Receivable Days Payable Days Return on Capital Employed Debt / Equity Ratio Return on Equity (12 marks) 1.2 Comment on the financial performance of Shaybah Plc between the years 2020 and 2022 using the ratios […]
Chose a publicly-traded company identifying the last two years’ Revenue, Gross Profit, and EBIT for your company.
WALMART Chose a publicly-traded company and answered a series of questions on that company each week. CHOSEN IS WALMART Question 1: What is your company’s principal business activity? Question 2: Who is the CFO? What is his/her accounting background? Give as much detail here as you can find. Question 3: Is your company managing any […]
Write a report that addresses key aspects in relation to Business Finance and Economics taught in the module, such as the economic factors that determine the competitive environment of an organisation.
Business Finance and Economics Assignment task Write a report that addresses key aspects in relation to Business Finance and Economics taught in the module, such as the economic factors that determine the competitive environment of an organisation, the role and importance of accounting and financial reporting in terms of planning, control and decision-making. In addition, […]
Explain how the market assesses the company; they represent performance or value of ordinary shareholders and how attractive the company is to investors at a given point in time.
AIM Managing Financial Resources Assignment 1 Structure A checklist – note page recommendations are flexible. Ratios do all 5 categories, min 2 each. Use MKT performance from entity’s financial statements. Analyse your results. Recommend improvements. 1. Exec Summary (1/2 pg) a. What is this report b. Brief history c. Place in industry d. Report – […]
Prepare consolidated statement of financial position (CSFP) as at 31 Dec 2020 and consolidated income statement (CIS) for the year ended 31 Dec 2020. Show clearly all supporting workings.
Income Statements for year ended 31 Dec 2020 Merry plc £ Pippin plc £ Sales 2,820,000 386,800 Cost of sales (1,856,000) (168,000) Gross profit 964,000 218,800 Operating expenses (524 000) (128,000) Profit from operations 440,000 90,800 Income from Investments 25,000 Interest (60 840) (6 300) Profit before tax 404,160 84,500 Tax (80,832) (26,500) Profit after […]
Prepare the consolidated income statement for the year ended 30 April 2009 and a consolidated balance sheet at that date using the closing rate method.
INTERNATIONAL ACCOUNTING AND REPORTING TUTORIAL 5 Memo, a public listed company, owns 75% of the ordinary share capital of Random, a limited company which is situated in a foreign country. Memo acquired Random on 1 May 2008 for CR120 million (Crowns) when the retained profits of Random were CR80 million. Random has not revalued its […]
Using financial statements and KPIs learnt in class compare the companies and industries to see if they equally struggled or not.
Expanding on case study 3, deeply analyze two industries and two companies within the said industries of your choice’s supply chain network. ( 4 companies, 2 in each industry). a) that you think might have been affected by the current Covid 19 pandemic and why b) that you think was not affected by the current […]