- Accounting Concepts and Practices
You are an accountant at Yves Group Accountants & Investment Advisors.
You have been approached by IMG Super
Funds Management
for your professional advice on investing in David Jones Ltd.
Required:
Go to:
http://www.davidjones.com.au/ /media/Files/Corporate/Presentations/2012/David%20Jones%202012%20Annual%20Report.ashx
You +1’d this publicly.Undo
And access the company’s annual report for 2012
Prepare a report for IMG
Super Funds Management
. Your report should include:
- 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.
- A discussion on company’s Corporate Governance Statement.
- A discussion on company’s Sustainability Report.
- A calculation of the key financial ratios and compare two years for 2011 and 2012
- An overall assessment of the company and your recommendation on investing in the company.
Words limit: 2300 – 2500 words
Assignment Report related on these criteria.
- Executive summary
- Table of content
- Introduction
- Main heading
- Core business of the company
- Significant issues emerging from directors Report
- Corporate governance statement
- Sustainability Report
- Key financial Ration
- Overall assessment
- Sub heading
- Conclusions and recommendation on investing decision of this company
- APA references
Word limit: 2300 2500 words
Key Financial ratios:
- Current ration
- Acid test (Quick) ration
- Receivable turnover ration
- Inventory turnover
- Profit margin
- Cash return on sale
- Gross profit margin
- Expenses ration
- Assets turnover
- Return on assets
- Return on equity
- Earnings per share
- Price –earning (P E) ratio
- Payout ratio
- Debt to total Asset ratio
- Times interest earned
- Cash debt coverage
- Must be do calculate ration 2011 and 2012 and compare with 2 years.
- Do calculation ratio on Microsoft Excel and Ms word
Microsoft word ratio like that
= 230000
=1.35:1
- Current ratio: Current asset / Current Liabilities
= 250000
=1.66: 1
Compare and analysis the 2011 to 2012 which one is good for making decisions.
Attachments:
Accounting Co….docx