User Account

All Pages

Calculate and comment on the liquidity ratio of Qantas

Assignment Help Financial Accounting
Reference no: EM132301386

Accounting for Business Decisions Assignment Question -

Case: You are hired by a client to conduct an analyst service for Qantas Ltd as they are thinking of buying some shares for that company and become their investors. They asked for your help to conduct an analysis of Qantas financial statements and give them some recommendation at the end whether to invest in the business or not.

Required: Refer to Qantas financial statements 2018 and 2017, make a formal report to your client and use the below questions as a guideline for you to make a recommendation.

1. What is profitability, liquidity and financial stability ratio? What does each of the ratio measure? Explain it briefly to your client!

2. Calculate and comment on the profitability ratio of Qantas for the year of 2018, specifically on the: Return on Assets, Profit Margin and Asset Turnover and compare it with 2017!

3. Calculate and comment on the liquidity ratio of Qantas for the year of 2018, specifically on the: Current Ratio and Quick Ratio, and compare it with 2017! Based on your calculation of their Current Ratio and Quick Ratio, advice the CFO whether it is normal for an airline like Qantas to have that number!

4. Calculate and comment on the financial stability (capital structure) ratio of Qantas for the year of 2018, specifically on the: Debt Ratio, Equity Ratio and Times interest earned and compare it with 2017!

5. Your client concerns of a high number of total liabilities in Qantas, especially for they revenue received in advance account. Please advise your client what is the meaning of revenue received in advance and why Qantas has such account with that high number.

Your report should be at the maximum word of 2,000 with executive summary, table of contents and reference list excluded from the word count.

Your report should include: title page, table of content, executive summary, recommendation and reference list.

Verified Expert

The assignment needed us to make a formal report to your client for Qantas financial statements 2018 and 2017. Our recommendation included Profitability, liquidity and financial stability ratio and analysis of the financial statements

Reference no: EM132301386

Questions Cloud

Are morality clauses appropriate in contracts : What are the major requirements that take us from one lifecycle phase to the next? Are morality clauses appropriate in contracts? why?
Differences and similarities between processes and threads : Explain the differences and similarities between processes and threads. How are they similar? What differentiates them?
Explain the memory hierarchy : Explain the Memory Hierarchy. What does it describe? What is the overall purpose of implementing a memory hierarchy and why is it important?
Determine the different types of performance measurements : Determine the different types of performance measurements that can be used to measure QuickTrip service-delivery system design. Select at least two (2) types.
Calculate and comment on the liquidity ratio of Qantas : ACC103 Accounting for Business Decisions Assignment Question, Stott's College, Australia. Calculate and comment on the liquidity ratio of Qantas
Temporal locality affect cacheing : Be sure to discuss how both spacial and temporal locality affect cacheing. Do they affect cacheing in different ways? If so, how?
How each is being used or will be used to communicate : Describe at least three different social media tools, how each is being used or will be used to communicate during a crisis, and propose rules for how to get.
Management deals with developing strategies of change : Management deals with developing strategies of change and creating new systems and organizations as well as instituting revolutionary change
Identify an organization you would be interested : Early in Week 1, identify an organization you would be interested in studying. You will investigate the organizational behavior in this organization.

Reviews

len2301386

5/8/2019 2:44:10 AM

Your report should be at the maximum word of 2,000 with executive summary, table of contents and reference list excluded from the word count. Your report should include: title page, table of content, executive summary, recommendation and reference list (1 Mark). Correct reference list using APA style is required (1 Mark) and the report should be presented professionally (1 Marks). (Total: 25 Marks). This assignment will contribute 25% of student’s final mark.

len2301386

5/8/2019 2:44:04 AM

Students are to form teams of up to four (4) members. You should give a careful consideration to the selection of members comprising the group. All groups formed are to provide the names of members to the Lecturer. It is very important for all members to take an active part in completing the assignment and make an equal contribution. Students must notify the Lecturer in a timely manner and provide substantiating documentation of any problems in relation to group work. This includes any member of the group not contributing to the team efforts. Submission should be made online on moodle by one of the group members.

len2301386

5/8/2019 2:43:59 AM

Please make sure you write all the group member’s full name and the student ID at the front cover of the assignment and the title page. Submission via e-mail will not be accepted. Students should retain both hard and electronic copies of all work submitted for assessment. Late submission of assignments: Due dates will be strictly adhered to with marks deducted for late submission in accordance to Stott’s College marking guidelines (5% per day, including public holiday and weekends). Only in the case of exceptional circumstances, students may apply for extensions for submission.

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd