Hire Qualified Tutors of FINC20018 Corporate and Financial Accounting Assignment Help And Get The Best Solution!

Home   Course  
Previous << || >> Next

ARE YOU LOOKING FOR RELIABLE FINC20018 CORPORATE AND FINANCIAL ACCOUNTING ASSIGNMENT HELP SERVICES? EXPERTSMINDS.COM IS RIGHT CHOICE AS YOUR STUDY PARTNER!

FINC20018 Managerial Finance - Central Queensland University

Question: Understanding of business finance theories and explores a number of areas within the course by applying your learning to a real company.

Briefly explain the principal activities of the company, the profile of the industry/industries that the company operates in, the major competitors, the company goal etc.

Introduction

The company selected for the reflection of the paper leads to Coles Group Limited this is early known as the Coles Myer Limited. The organisation is a public organisation which is based purely in Australia having its headquarters in the Hawthorn East, Victoria the company was organized in the year 1914 which being at least 100 years old(Wes F, 2017, 2018)

. The organisation led by the Steve Cain as the CEO from the year 2018. The organisation clearly expresses it vision as We strive to offer real value to our customers by lowering the price of the weekly shopping basket, improving quality through fresher produce and delivering an easier, better shopping experience every day of the week. The organisation led to a position where the products are mainly on account with the retail and the consumers services having at least two hundred stores or more. The organisation also known on the account with the liquor division along with the Petrol and Finance and also the hotel business. It was listed in the Australian stock exchange in the financial year 2007 and considered as on date to being solvent having its revenue around A$39.388 billion in the financial year 2018 and operating income around A$ 1.5 billion in the financial year 2018. The organisation major competitors Woolworth, Amazon, Walmart.

ORDER NEW FINC20018 CORPORATE AND FINANCIAL ACCOUNTING ASSIGNMENT AT NOMINAL PRICE!

Question: Identify and discuss any systematic and unsystematic risks that the company faces.

Risk Profile

In order to ensure that the company was in financial year which need to be analyized led to a prospectus where the company was known as a west farmer and clubbed under that particular annual report. This led to a situation where the organisation annual reports help in estimating in the clearly terms that the company faced the following risk whether being systematic risk or the unsystematic risk. While preparing and maiantining the book of account and interpretation it into the financial system. The company has divided the risk under various platform and express the factor which being the strategic risk management, operational risk management along with providing a great level on account with the operational and the financial run as well as includes the factor in terms with corporate governance. The company leads to a position where the risk management framework defines the various factors in connection with the various divisions and there way of working on account with management of such factors. The organisation on account with the risk perspective kept a check on the elements like the code of the conduct which needs to be followed inside as well as the outside of the organisation. The company provide a great level in terms with the risk transfers, and allied risk relating feature. None to forget the situation arises where the organisation conduct many risk analyses in terms with the operating cycle and its misconception. The company dealt with major level of risk in terms with operational cycle and seasonal thrifts which in true colors defining the purpose and the reason of risk management(Knechel,&Salterio, 2016). The company provide relative analysis in terms with various level of risk which are the liquidity risk,foreign risk and the credit risk. In nutshell, it managed the element in terms with detailing of various elements which are analyized and approved on account with both the current conditions of then organisation as well as the future condition of the company.

DO YOU WANT TO EXCEL IN FINC20018 CORPORATE AND FINANCIAL ACCOUNTING ASSIGNMENT? HIRE TRUSTED TUTORS FROM EXPERTSMINDS AND ACHIEVE SUCCESS!

Question: Evaluate, interpret and criticize (if necessary) the company's financial performance over the review period.

Overall Financial Performance

Analyzing the financial performance of the organisation the best way to do the same is by taking into account the ratio and the analysis of three years which can be expressed as below: -

Item

06/16

06/17

06/18

Analysis

Net Profit Margin (%)

4.04

4.34

4.54

Improved

Return on Equity

11.53

12.34

13.29

Improved

Return on Assets

7.02

7.83

8.59

Improved

Return on Invested Capital

20.71

24.85

29.81

Improved

Inventory Turnover

10.47

10.42

11.08

Deteriorated

Asset Turnover

1.61

1.70

1.80

Improved

Financial Leverage

1.78

1.68

1.62

Improved

Gross Gearing (D/E) (%)

31.82

22.61

18.12

Improved

Net Interest Cover

19.51

24.44

22.68

Improved

Current Ratio

0.93

0.93

0.87

Deteriorated

Quick Ratio

0.33

0.30

0.27

Deteriorated

Days Inventory

34.88

35.04

32.95

Deteriorated

Days Receivables

6.82

6.65

7.09

Deteriorated

Days Payables

36.16

35.50

35.85

Deteriorated

The above three years fiqures clearly represent the fact that the company is doing fairly well and helps in terms with the all the ratio figures, considering the efficiency of assets utilized, along with the capital invested. The major factor which being the cash and cash equivalents also turned to be immediate and similar in connection with the analysis as well as the company data and financial analysis. Not only this the company ratio show that the ration presented reflects the overall condition ofthe company which even decreasing with the few each passing year as a matter of fact holds the number value which is the company is making is an average basis fair or much stable as per the industry marked level or the number value expressed for the particular ratio. The company in terms with net profit which being the improvements sector even though slightly shows that the company is much solvent and stable as if evaluated on terms with growth and figure value.

Question: Conduct research on the company and identify the link between the company's financial situation and the concept of time value of money, apply time value of money techniques learned in class to analyse the company's financial situation where is relevant and justify the company's financial decisions where is appropriate.

Time value of money

This is a very crucial element as it helps in jumping the concept of managing the real worth value which being to analyzing the value which a project or an investment may value if invested today or vise sa versa. The money and its being real or minimal is defined by the factor which being the time presence in terms with the present, past or future. The technique which is most applied is the in terms with Time money of value is the discounting factor where the present value or the future value of the product is defined on basis of the rate of discount which are settled by the organisation. Understanding the company'sgoals, mission as well as mission it is very evident that the company is huge and by in large deals with investments and project building which are both considered in terms with short term projects and the long-term projects. In appropriation of such time value of money plays a key role as it helps the management understand that such project will lead to what parameters of success and failures. To be much firm and practical discounting rate will actually make as aware about the real situation as well as help to plan accordingly. The organisation on account with business expansion mode and also led to a position where the divisions grow and perform on a diversification plans and with application of such techniques the costing can be computed on the fair and justified manner. This aspect not only leads to actually increase the of input but at the same time support the couple of weak level of transactions in a manner which provides a stable level as well as the reasonable level of the money outflow is prepared and the necessaryprecautions are well considered in advance to avoid any concerns.

GET GUARANTEED SATISFACTION OR MONEY BACK UNDER FINC20018 CORPORATE AND FINANCIAL ACCOUNTING ASSIGNMENT HELP SERVICES OF EXPERTSMINDS.COM - ORDER TODAY NEW COPY OF THIS ASSIGNMENT!

Question: Identify the company's sources, types, costs and composition of finance used to fund the operations and balance sheet. Analyse, comment and criticise (if warranted) the company's decision in adopting this financial mode.

Sources of finance

This segment on a huge ambit defines as to how the capital structuring of the company is based and how the same can be used and streamlined as the financed in the manner expressed as below.

The capital structure on a border scale is as follow:-

The debt and equity ratio in terms with the all three financial statements can be expressed in terms with number value which being around 30 percent ratio to the seventy percent being for the borrowed fund for the company on managing the core elements which being providing a reasonable level of understanding as to how the break up is done for the sources of capital funding and the application of the capital funding.

Evaluating the annual report the section exists which clearly expressive that the company has a separate section which being the debt management and financing group which helps in building and explaining how the build analysisusage. In terms with exact numbers the the debt finance is mainly done on account with the fiancé costing and the borrowing cost which is mainly taken through the current debt and the capital market debt. In much precise terms debt sources are categorized are broken up as follows BANK BILATERALS 25% , US BONDS 15% , EURO BONDS 33% ,DOMESTIC BONDS 27%. In terms with the capital sources the company equity is primarily raised on account with the equity and equity balances in terms with retained earnings. Thus, the companymaintained the capital structuring through purely on account with equity in case with the owners fund and in terms with debt various sources were applied. Further, the organisation mainly applied its resources to the four main aspects which being on aspect to the safety of the employee, ensuring that the ethical sourcing and the human rights are maintained and also some portion in the community contributions. Adding more, the equity balanced in excess was used to nullify the debt balances as well thereby, ensuring Coles maintains the level of sources and uses.

Analyse and interpret the company's payout policy over the review period. How is this payout policy compared (a) to that of its major competitors, and/or (b) to that of the industry (c) that of the general market, and/or (d) to all other forms of alternative investments available in the local or international economy?

GETTING STUCK WITH SIMILAR FINC20018 CORPORATE AND FINANCIAL ACCOUNTING ASSIGNMENT? ENROL WITH EXPERTSMINDS'S FINC20018 CORPORATE AND FINANCIAL ACCOUNTING ASSIGNMENT HELP SERVICES AND GET DISTRESSED WITH YOUR ASSIGNMENT WORRIES!

Payout policy
The Group's dividend payout policy is computed on the basis of the current earnings and cash free flows available,which is compared with the franking credits and targetedcredit metrics. On the more the company had filled out an interim dividend which is approx 120 Cents. It is essential to understand that the dividends are paid immediately when profits computed are true and correct and are legally correct at all stages of paying out dividend value .

to that of its major competitor- In this aspect the payout is considered and measured with the dividend provided by its competitors to its various organisation in case of the Coles Group for the dividend is 0.91 in 2016 as compared to the 1.20 per cent of the share(Wes F, 2017, 2018). The First competitor is the Wools worth which provides the dividend payout of approx .50 per cent of the share. The other as well had a standard level of payout.

(b) to that of the industry- It is equally important that the financial statement must be compared to provide a better level of understanding and status position. Looking at the numbers it is evident that the industry sector, company analysisare well balanced as the dividend payout ratio is approximately same as compared to the industry standards. Further, the table is prominent to understand that the dividend of the market , sector and the company range in the same way therefore, it is considered safe and healthy.

Income

Company

Market

Sector

Dividend Yield

4.9%

4.1%

4.9%

(a) That of the general market which being the sector analysis is explained as above which provides that the company is earning well and also maintains the same level of dividend yields. Providing that on the overall basis the company is doing well and maintaining they same level of working as required in the trough meetings.

(d) to all other forms of alternative investments available in the local or international economy the company is at stand still at it will lead to a condition where such sourcing are applied. As a matter of fact, the company has properly regularized it investment and procurement polices with all the regulations which is why it is leading to have a true accurate picture of the annual reports as well the stable condition on account for and also the company leads to provided and solvent picture which will prosper and provide better growth for today and future years.

Conclusion

Thus, this paper provides an excellent outlook of the Coles Group in terms with general understanding of the organisation as will as provides an excellent comparative analysis of three years financial statement on account of four main factors which being the risk profile analysis, financial statement analysis along with an Time value of money analysis , Sources of finance analysis as well as the Payout policy analysis.Thus, the great outlook on how the financial position of the company is working and how it providing a stable position in terms with financial year 2016,2017 and 2018.

24/7 AVAILABILITY OF TRUSTED FINC20018 CORPORATE AND FINANCIAL ACCOUNTING ASSIGNMENT WRITERS! ORDER ASSIGNMENTS FOR BETTER RESULTS!

Get the best Central Queensland University Assignment Help services for its academics units and courses such as:-

  • FINC19016 Retirement and Superannuation Assignment Help
  • FINC11001 Fundamentals of Personal Financial Planning Assignment Help
  • FINC13001 Estate Planning Assignment Help
  • FINC19014 Property Investment and Finance Assignment Help
  • FINC19012 Investment Analysis and Risk Management Assignment Help
  • FINC19015 Risk Management and Derivatives Assignment Help
  • FINC12001 Managing Personal Investments Assignment Help
  • FINC19011 Business Finance Assignment Help
Tag This :- EM201941KAS524FM, FINC20018 Corporate and Financial Accounting Assignment Help

get assignment Quote

Assignment Samples

Get Academic Excellence with Best Skilled Tutor! Order Assignment Now! Submit Assignment