Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 07 Aug 2017 My Price 13.00

Software Solutions Ltd

1.Brad Shelton is a Software consultant with Software Solutions Ltd, an entity that sells software products to accounting firms and small businesses. At present, Mr Brad Shelton is analysing a number of software packages that focus on job costing. He needs to pick one package that he can recommend to his clients. Each software vendor is keen to have their software selected as it will result in a significant increase in sales for their company.

Jennifer Jolie is a salesperson for software company Pitt Ltd. She has told Mr Brad Shelton that he should go to Los Angeles to analyse her company's software package properly, because the programming experts there could give him a thorough demonstration. Ms Jennifer Jolie has also suggested that he take his family, so that he feels relaxed in a foreign country and is in the right frame of mind to undertake his analysis. She also suggests that Disneyland is worth visiting while Mr Brad Shelton is over there. Pitt Ltd would pick up the expenses for the trip.

 

Required:

a.Do you think MrBrad Shelton should take the trip? Outline any ethical concerns involved.

(10 marks)

b.Do you think the management ofSoftware Solutions Ltd should allow MrBrad Shelton to go on the trip? Justify your answer. (12 marks)

c.Do you think thatSoftware Solutions Ltd should have a code of conduct? What would be the advantages and disadvantages to Software Solutions Ltd of having a code of conduct?

(12 marks)

 

2.Go tohttp://www.asx.com.au/asx/research/company.do#!/GXL or (www.Greencross ltd.com.au)web site and find the consolidated income statement and consolidated balance sheet for Greencross Ltd (GXL) in the 2016 annual report.

Required:

Answer the following questions.

a.What is meant by Greencross Ltd 'consolidated' Profit or loss (income) statement?

(7 marks)

b.What is the total value of each of the following items at the end of the current reporting year for Greencross Ltd consolidated accounts?For each item classify as an asset, expense, revenue, equity or liability. Provide reasons for your classification. (14 marks)

As at 30 June 2016 $000'

i. Cash and cash equivalents

  

ii. Marketing costs

  

iii. Occupancycosts

  

iv. Cost of sales of goods

  

v. Provisions

  

vi. Inventories

  

vii. Property, plant and equipment

  

c.The key statistical data is provided at the bottom of the income statement. For each item, summarise the change occurring between 2015 and 2016 and what this means for Greencross Ltd. (20 marks)

Item

2015

% Change

2016

% Change

Summery (what this means for Greencross Ltd)

Gross margin percentage

      

Operating expenses

      

Revenue Growth

      

NPAT

      

Finance cost

      

Non-current assets

      

Number of stores and veterinary clinics at the end of the year

      

Cash flow from operating activities

      

 

d.What is the purpose of providing two years of comparative figures for the financial statements (i.e. 2015 and 2016)? How would this information be useful to one of Greencross Ltd's shareholders? (10 marks)

Please note: 10 marks are allocated for referencing, complying with formatting and submission requirements.

 


Student name

 

Student ID

 

Marking Criteria Sheet: ACCT20051 and ACCT20077

Assignment 1

    

Word count

Allowed

Actual

Question 1 (a)

200

  

Question 1 (b)

250

  

Question 1 (c)

250

  

Question 2 (a)

200

  

Question 2 (b)

250

  

Question 2 (c)

250

  

Question 2 (d)

200

  
 

Marks available

Marks awarded

Question 1 (a)

10

  

Question 1 (b)

12

  

Question 1 (c)

12

  

Question 2 (a)

7

  

Question 2 (b)

14

  

Question 2 (c)

20

  

Question 2 (d)

10

  

Referencing

10

  

Comply with formatting and submission requirements

5

  

Assignment total marks

100

  

Assignment Total out of 20 marks (20%)

20

  
 
       
       
       
       
       
       
       
       
       
 

Answers

Maurice Tutor
(5)
Status NEW Posted 07 Aug 2017 12:08 AM My Price 13.00

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