ACC601: Accounting for Business Decisions - Cochlear Limited - Accounting and Finance Assignment Help

Assignment Task:

Question 1 (Maximum 40 marks) 

Attached are financial reports for Cochlear Limited – an Australian public company that manufactures and sells hearing implants for 2019, 2018 and 2017. 

You are financial analyst working for Da Gama Partners, a leading financial analyst firm. Write a report for the firm in relation to the profitability and liquidity / financial stability of Cochlear Limited over the financial years 2017 to 2019, inclusive. 

Part A (30 Marks) 

You are required to include in your analysis at least 6 financial ratios from the Formula Sheet as well as additional research that you may wish to perform. Please use the Formula Sheet (attached) and show your workings for all ratios used. 

No marks will be awarded where ratios are used without accompanying calculations. Calculations maybe done on separate pages. 

Limit your answer to 750 words. 

Part B (10 Marks) 

Companies often state that they have a social and environmental responsibility to the communities where they operate. Unfortunately, these companies don’t always live up to these responsibilities. 

Using Cochlear Limited, discuss these statements and provide examples. 

Question 2 (Maximum 30 marks) 

Manly Soles Pty Limited (Manly Soles) is a manufacturer of women’s shoes and has been doing this successfully for the last 4 years. It currently sells its products to a number of retailers such as department stores and smaller specialty stores. 

It produces shoes in batches of 1,000 and the costs to produce these shoes is set out below. These shoes are sold for $100 a pair. 

The owners of Manly Soles want to expand and grow this business. They are thinking of changing their sales strategy to selling online directly to end customers. They will continue to design and manufacture the shoes themselves. 

1. What is the unit contribution margin (pairs of shoes) per year? (Calculate to 2 decimal places) (4 marks)

2. What is the breakeven number of shoes (pairs) that Manly Soles must sell in a year? (Round to nearest whole number)? (4 marks)

3. Manly Soles would like to earn a Net Income of $600,000 after tax for the year. How many pairs of shoes will Manly Soles have to sell annually to achieve this (assuming a 30% tax rate)? (4 marks)

4. Describe the four (4) components of Kaplan and Norton’s Balanced Scorecard and provide an example of each component. (8 marks) 300 words

5. Explain how you would use Kaplan and Norton’s Balanced Scorecard and Strategy maps, in developing an online strategy for Manly Soles. (10 marks) 400 words 

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