ACC81210: Accounting For Managers - GoGo - Report Writing Assignment Help

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Accounting For Managers Assignment Help

TASK Part A

  1. Calculate depreciation expense for each of the following asset groups for the year ended 30 June

The trucks were driven 34,500 km during the year * The company uses an approximated reducing-balance rate of 60%. One year of depreciation has been recorded prior to the current year. 2.GoGo is a gas supplier. On 1 July, the business had 400,000 cubic metres of gas in stock at a cost of15 cents per cubic metre, a total cost of $60,000. During the first week in July the business purchased the following amounts of gas: On 7 July the business sold 450,000 cubic metres of gas to a local energy company. Calculate: a) the cost of goods sold based on perpetual inventory and FIFO cost allocation. b) the closing inventory based on periodic inventory and weighted average cost allocation. Part B

  1. ccess the annual reports for your allocated company for the years 2014, 2016 & 2018 in the Assessment folder of Blackboard. You should only use the figures from the annual reportsprovided - do not access your reports or figures from any other source.

These annual reports will provide you with six years of financial statements for 2013, 2014, 2015, 2016, 2017 & 2018. Calculate the following ratios for the five years2014 - 2018 (2013 financial information will assist you in calculating averages, where necessary). Most ratios are available in the textbook - and a reference is given for those that are not in the text.

  1. Return on total assets (available on PERCI)
  2. Rate of return on ordinary equity
  3. Operating profit margin
  4. Gross profit Margin
  5. Inventories turnover period
  6. Settlement period for debtors
  7. Current ratio
  8. Quick ratio (acid test ratio)
  9. Debt to assets ratio (available on PERCI)
  10. Interest cover ratio (Times interest earned)
  11. Assets turnover (available on PERCI)
  1. Earnings per share
  2. Price-earnings ratio (refer to Blackboard for stock price history for five years).
  3. Dividend yield (refer to Blackboard for the dividend history for five years).

In each of the ratios, you should firstly write out the ratio formula that you used and then show the numbers that you used to calculate your answer, before showing your answer. Your answer should be in a format that indicates whether it is in %, times, ratio or days and to two decimal places.

  1. Given the ratios over five years, comment on the company’s profitability, efficiency, liquidity, financial gearing and investment ratios.

Note: You should also refer to coverage in the financial press that is related to your company. This will help you in evaluation of the company - please cite your sources! E. Examine the Statements of Cash Flows of your company for the years 2017 and 2018. Discussthe changes in each of the cashflows from operating, investing and financing activities. From this report, what can you glean about the business' activities in each year?

  1. Using the answers you calculated in part C, enter your answers into the area provided inBlackboard in assessments before uploading your assignment in the assessments section. This portion of your assignment will be automatically graded, so it is very important that you follow the instructions outlined here and in Blackboard.

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