代写澳洲assignment:Financial Acco

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Financial Accounting澳洲代写     INDIVIDUAL WRITTEN REPORT     This assignment is worth 20%     PURPOSE     Financial Statement Analysis - To calculate and analyse financial ratios using actual     reported data.     REQUIRED     Given the financial statements and the additional information analyse and discuss the     financial performance and position of David Jones. You should refer to the notes to the     financial statements for further details and clarifications of changes in the financial     statements.     Your analysis should be supported by profitability, liquidity, gearing and other appropriate     ratios from Chapter 18 of the prescribed textbook.     Calculate and analyse financial ratios (percentage and ratio analysis)     Use the 2013 and 2012 annual reports to obtain the financial statement figures needed to     calculate the ratios (where there is consolidated accounts, use the consolidated amounts). In     addition, students are strongly advised to:      perform horizontal and vertical analyses of the Balance Sheets and Income     Statements for the company      read all parts of the Annual Reports     Instructions     Your report should calculate* and analyse the following ratios, in clearly identified separate     sections:     Profitability     Rate of return on net sales     Rate of return on total assets     Asset turnover     Rate of return on ordinary shareholders’ equity     Earnings per share (given in the Annual Report)     Liquidity     Working capital     Current ratio and Acid-test ratio     Inventory turnover and Days in inventory     Gross profit percentage     Accounts receivable turnover     Days’ sales in receivables     Gearing     Debt ratio     Debt to equity ratio     Times interest earned ratio     (* Tabulate and show the formula and detailed calculations in an Appendix.)     Your analysis should include:      Year-to-year (2013 and 2012) comparisons (horizontal analysis). Use the Director’s     Report and the Notes to the Accounts to further justify your answer.      The components of each ratio should be investigated to determine the significant or     determining factors in any change to the ratio.      These significant factors should then be investigated to determine (to the extent     possible) the cause and sustainability of their change (refer to example below).     Example of a current ratio analysis: Company X current ratio increased from 1.2     to 4.3. The company increased its ability to pay its debts in the short-term. The     main reasons for the increase were a 22% increase in cash and a 14% decrease     in accounts payable. The increase in cash and the decrease in accounts payable     were both a result of reductions in purchases of inventory. This is unlikely to     continue as the company was depleting a previous overstock.     Each ratio analysis will be marked on the correctness of the comparisons and the     identification of the determining factors. The depth and correctness of analysis of the factors     will be the primary criteria for grade differentials in this assignment. The determining factors     need not be confined to the annual reports but they must be relevant to your analysis.     Administrative Details      Your assignment (in a report form) should be lodged through the Turnitin Assignment     folder of Blackboard by 11.59pm Tuesday 21 October 2014. LATE SUBMISSION     APPLIES.      This assignment must be typewritten and double-spaced. A copy should always be     kept by the student. Attach an Assignment Cover Sheet to your submission (refer to     the link on Blackboard - General Policy and Forms).      The Student Manual provides information about the presentation of reports (a link to     the Manual is provided in Blackboard). Wherever possible, tabulate your comparative     data and show them in an appendix but cross-reference them in your report.      The policies on late submission of assignments and plagiarism are provided in the     Course Outline. Extensions with valid reasons will only be considered if the     application is made 48 hours prior to submission.      Length: 2,500 words maximum (excluding appendices).     Vertical analysis     Financial Ratio analysis     Conclusion     Appendices of calculations/data     Consistent fonts and headings     Pagination and correct cross-referencing