Description of the core business of the company

Assignment Help Accounting Basics
Reference no: EM131050778 , Length: word count:2000

Background:

On February 26, 2016, the Age reported the following:

"Australia's oldest electronics retailer, Dick Smith, has kicked off a stock liquidation sale at stores across Australia and New Zealand as its operations are wound up over the next eight weeks"

Read more at: https://www.theage.com.au/business/retail/dick-smith-kicks-off-fire-sale-20160225-gn47kr.html#ixzz41F4eB7JP

Scenario: You are an accountant at Federation Group Accountants & Investment Advisers. You have been approached by a group of investors for your professional advice on why Dick Smith went into receivership in February, 2016.

Required: On Moodle you will find the 2015 annual report for Dick Smith: Analyse this report based on your accounting studies and prepare a report showing how Dick Smith went from some very optimistic results (provide evidence) in this 2015 annual report to being liquidated.

You should use some basic information such in this report such as:

a. A description of the core business of the company including full details of its operating activities.

b. A discussion on any significant issues emerging from the Directors' Report.

c. A discussion on the Corporate Governance Statement.

d. A calculation of the key financial ratios for 2015

e. Other information The main aim of this paper is to provide your professional advice on why Dick Smith went from some optimism in their annual report into receivership in February, 2016.

2000 words.

7 apa reference.

Reference no: EM131050778

Questions Cloud

Firm redesigning its logistics network : Consider a firm redesigning its logistics network. What are the advantages to having a small number of centrally located warehouses? What are the advantages to having a larger number of warehouses closer to the end customers?
Chain strategies of the two types of companies : A horizontally integrated company is a corporation consisting of a number of companies, each of which is acting independently. The corporation provides branding, direction, andgeneral strategy. Compare and contrast the supply chainstrategies of th..
Does the narrative flow naturally : Does the narrative flow naturally? Is it too long or too short? Why did you choose this podcast?
What are core competencies : How do they relate to strategic human resource management? Be sure to explain this relationship in terms of the resource-based view of the firm and sustainable competitive advantage.
Description of the core business of the company : You should use some basic information such in this report such as: A description of the core business of the company including full details of its operating activities. A discussion on any significant issues emerging from the Directors' Report
Assumptions needed for the completion of assignment : Antivirus software market plan you will focus on the company's mission, introduction, and branding. Note: You may create and /or make all necessary assumptions needed for the completion of this assignment.
Prepare a outline for chapter of organizational behavior : Prepare a outline for Chapter 2 of Organizational Behavior from your texts book. Do full research and apply motivational theory and performance management principles for your research paper.
A set of building blocks to customers : Wynn Company offers a set of building blocks to customers who send in 3 UPC codes from Wynn cereal, along with 50¢. The block sets cost Wynn $1.10 each to purchase and 60¢ each to mail to customers.
Various governmental benefits : Because of the population problem, in China, married couples lose various governmental benefits after the birth of which child?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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