What factors drive the pm and rnoa of michael hill ltd

Assignment Help Accounting Basics

Reference no: EM132991597

Question: Do you think it is possible for you to connect a firm's key accounting drivers to its economic and business drivers? Why or why not?
How can you connect the firm's (Michael Hill) accounting drivers to your view of its economic and business drivers? How difficult, or easy, are you finding this? Why is that, do you think?

How 'successful' would you describe your firm (Michael Hill)? Why?

Economic and Business Drivers of (RNOA) & (PM):

List down and explain the economic and business drivers of Michael Hill's RNOA (Return on Net Operating Asset) and PM (Profit Margin). (Hint: What factors drive the PM and RNOA of Michael Hill Ltd or what causes the changes in the firm's PM and RNOA ratios?)

Economic and Business Drivers of (NOA):

List down and explain the economic and business drivers of Michael Hill's NOA (Net Operating Asset). (Hint: What factors drive the NOA of Michael Hill Ltd or what causes the changes in the firm's NOA ratios?)

Note: Analyse these drivers based upon information from 3 main countries of Michael Hill's branches including, New Zealand, Canada and Australia.

Attachment:- Ratios.rar

Reference no: EM132991597

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