Analyse and Apply Financial Information - ElectroChip Limited Case Study - Finance Assignment Help

Assignment Task :

TASK 2: Analyse and Apply financial information 

Scenario 1:

ElectroChip Limited (.01a and le.) ElectraChip Limited is a producer and supplier of machine parts to local and Australian customers. Five years ago, it appeared that the company was in danger of closing down. Profits were down, and shareholder confidence was very low. 
In an effort to reduce costs and increase profits, the Chief Financial Officer and the Chief Operatin Officer put in a number of efficiency and cost-saving measures. These measures include: 
• Ensuring wasteful processes in the company are overhauled and efficient methods of working are introduced. • Borrowing from the Green Bank to invest in new machinery. The Green Bank was selected because the Managing Director of ElectroChip is a member of the bank's Board. • Not upgrading their pollution control systems to match the requirements of the new machinery. This has resulted in an increase in emissions. • Not upgrading their safety systems and providing safety training to workers to match the requirements of the new machinery. Not paving cash dividends to shareholders for the past six years. • Stopping the company's support to the local charity. • Laving off older rkqrs who were on a higher pay scale in favour of recruits straight out of college r lower pay. • Implementing a profit-sharing plan where managers are given a percentage of the company's profits. 
As a result of these measures, the company's profits in the past three years have been consistently rising. However, although profits are up, the company's stock price has declined by $5.50 per share over the past 15 months. The perception in the market is that ElectroChip does not care for its shareholders. 
Answer the following questions based on Scenario 1.

Q 1. Briefly explain three different roles of financial manager in financial management. Your answer should include a relevant example from the given scenario. 
Q 2. a. List three stakeholders that have been affected by ElectroChip's efficiency and cost-saving measures. Explain the reasons based on the given scenario. 

This Finance Assignment has been solved by our Finance Experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style. Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.