Case Study Report
Accounting (Decision Analysis) 308
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Lecture: Adrian Melia
Tutor: Rajni Mala
Tutorial Time: 9am-11am (Wednesday class)
DUE DATE: 12/09/08
table of Content
Executive Summary 3 Executive Summary 4
Introduction 5 Introduction 6
SWOT ANALYSIS 7 SWOT Analysis 8
Common-size analysis 10 Balance sheet and common size analysis from2005-2008 11 Common-size analysis 23
Accounting Analysis 25
EVAL Ratio Analysis 35
Appendix: Financial Statements of BlueScope steel Ltd 41
References 68
Introduction
Introduction
BlueScope Steel is the leading steel company in Australia and New Zealand, supplying a large percentage of all flat steel products sold in these markets. The company's
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Lastly, company may showed the sign of losing trust of employees. According to worker union news, employees in blue scope requiring higher pay eventually go for a strike.
Opportunities: Sustainable development is a major issue been concerned by us. In Australia, water scarcity is one of the major issue. Bluescope Water was established in 2004 in anticipation of increased water scarcity by developed and released a range of products, rainwater tanks, to ease the pressure of water resources. These new brands will bring great economic and social benefits.China, Russian Economic and Middle East steel demands remain strong thus global steel prices keep high. These make good opportunity for Bluescope to earn profit at international market.
Australian Steel Institute, who submitted an application for funding “Steel Online Project” and was successful in securing a grant from the Australian Government’s Information Technology Online Program. This project will use lower-cost-internet-based technology to help wider steel industry share useful resource. (www.steel.org.au)Threats: Australian dollar is getting stronger in the past 2 years, and there is no sign to stop it in the nearly future. Strong Australian currency has significant impact on BlueScope's foreign currency denominated earning. The Australian dollar averaging 14 per cent higher than in fiscal 2007 wiped $82 million off profits.(www.news.com.au) Secondly, Costs what include raw material costs, labour
Warren Company makes candy. During the most recent accounting period, Warren paid $3,000 for raw materials, $4,000 for labor, and $2,000 for overhead costs that were incurred to make candy. Warren started and completed 10,000 units of candy, of which 7,000 were sold. Based on this information, Warren would recognize which of the following amounts of expense on the income
According to the fact of this case, Parent Co. (Parent) wholly owns Poor Son Co. (Poor Son) as a legal subsidiary, and both of them all nonpublic companies. However, in January 2007 Poor Son filed a voluntary bankruptcy under Chapter 11 of the U.S. bankruptcy code because of its inability of meet obligations as they became due. Then, Parent claimed the loss of control of Poor Son and deconsolidated Poor Son from its financial statement. Through the bidding process in May 2009, Poor Son and OtherCo, the winning sponsor, filed a joint plan of reorganization to the bankruptcy court, but the plan was rescinded by OtherCo later due to significant market value shrink of Poor Son. After that, the
Due to the information, 20 acres of land equal 80 sheep according to the exchange rate of last year, a one-room cabin equal 3 acres of land and equal 12 sheep finally, a plow equals 2 goat and equal 2/3 sheep according to last year’s exchange rate and 2 carts which were traded with a poor acre of land equals 8 sheep plus 400 sheep. So Deyonne’s total assets are 500(2/3) sheep. Deyonne’s liabilities and assets deduction are 35 sheep plus 3 sheep, which will come to 38 sheep,
BlueScope Steel is an Australia company with manufacturing facilities in Australia & New Zealand. The company also establishes the production facilities in other countries such as China, and South Asia in Indonesia, Brunei, Singapore, Malaysia, and Thailand. In South Asia, the company has established the production facilities in India and Sri
Opposition from Unions in different subsidiaries against the layoff could cause serious problems like high severance package and possible strikes
only business activity is to sell pod racers imported from PD. ID pays a 20% import duty based on
Low morale among employees in any company eventually leads to decreased profits with other factors of the business decreasing along the way. “And US Airways employees, who have seen their pay cut by more than 20 percent and their health insurance and pension plans shrink, are certainly an unhappy lot” (Claudia H. Deutsch). In order to increase profits, the airline has decreased pay and took away some of the earned vacation. “Company executives say they are taking steps that will improve working conditions and profitability” (Claudia H. Deutsch). Many employees were calling in sick which the company believed would eventually lead to poor customer service.
The employee’s morale is low, they feel undervalued and unappreciated. With inflation rates and lack of raises their take home pay is less than before and the employee’s perception is that the company is doing well. During some tough years before, the employees that remained had pulled together and working harder to help keep the company open, they now feel that since business is good, they have not been appreciated or recognized for their commitment. They are concerned about their benefits plan and pension changes that may be happening.
Assess the degree to which the firm’s accounting reflects the underlying business reality. Identify accounting distortions and evaluate their impact on profits and the sustainability of profits.
If some research is undertaken that provides evidence that capital markets do not always behave in accordance with the Efficient Market Hypothesis, does this invalidate research that adopts an assumption that capital markets are efficient?
The accounting system we use today started in Venice in renaissance period over 520 years ago. The trade business increased hugely during this time and all the financial recordings had to be written down to help people see how their business is doing. During that time in 1494 the first book about was published in accounting by Luca Paciolli and was called “The Collected Knowledge of Arithmetic, Geometry, Proportion and Proportionality”. He was called “The father of Accounting” and most of his described principles have been used up until this day.
The aim of this report is to discuss the various methods of reducing computer fraud and to find out whether the computer security measures is necessary. In the main body of this report discuss about whether the
“In the 20 years to 2000, the world’s 40 largest steel companies made cumulative losses before tax of US$10 billion, in spite of investing around US$75 billion in new capital equipment. In the following five years, profitability increased but the return on capital was still low (…)”.
Erin should notify Smart Worx of the postponement as it is consistent with ethical principles of integrity and professional competence. As Erin is complying with these codes of ethics, she has nothing to lose or suffer as she followed the guidelines of the code and therefore cannot be
1. A brief history of the two organisations, and their objectives, in as far as they