1006GBS Why Money Matters
1006GBS Why Money Matters
Assessment 2
40 Marks worth 40% of total assessment.
Financial Decision-Making Take Home Assignment.
Students will have 20 business days to complete the assignment.
The deadline is 9pm 16 of September 2022.
Notes read these carefully!
Use a word processing software and type in your answers in addressing each question. Label questions numbers, e.g. 1), 2), 3), in presenting your answers. There is no need for you to re-type the questions. At the start of your assignment document, insert your name (Surname, Given Name), and your student number.
Please refer and adhere to word limits for your answers that are specified in each of the questions.
Students must use their own words when presenting relevant information taken from the provided annual report, instead of just copying and pasting.
Assignment must be submitted as a PDF document.
Students must complete the digital cover sheet of this assessment item, available under Assessment folder in the Learning@Griffith course site.
Students must submit the completed work through the FINAL submission link provided under Assessment folder in the Learning@Griffith course site.
You are required to keep a hard copy of your submitted assignment to re-submit in case the original submission is lost for some reason.
Please keep 2 decimal places in your calculation questions.
Please provide a weblink in the footnotes if other sources were used.
Please show formula and calculation process for calculation questions.
IMPORTANT: As this is an individual assessment item, studentsmustwork on their own and present their individual assignment submission. If found to have cheated, your submission would receive a mark of zero for this assessment item. University uses text-matching tools to detect academic cheating, collusion and plagiarism.
This assessment requires you to analyse the financial performance and position of an organization from different perspectives. This will include examining a balance sheet, income statement.
Question 1: State the name of the current Chief Executive Officer (CEO) of JB HI-FI? What was the CEOs total remuneration package in 2021 as specified in the statutory remuneration table?
30 words max, 2 marks
Question 2: Describe what is the main business that the company operates and in which Business sector is it located? Explain the reasoning behind your answer.
50 words max, 3 marks
Question 3: In referring to the relevant sections in the Annual Report provided, name 2 business risks faced by JB HI-FI and how this impacts supply or demand.
200 words max, 4 marks
Question 4: In one sentence describe the purpose of the 1) income
statement and the 2) balance sheet. 3) After a company pays off its short-term liabilities, income taxes, and dividends to shareholders, in which section of the balance sheet, the amount of the remainder of the profit is represented?
100 words max, 3 marks
Question 5: Whats the percentage change of finance costs between FY2021 and FY2020. What may have caused the change? 200 words max, 2 marks
Question 6: What are JB HI-FIs total asset, total liability, and total equity in 2020 and 2021?
50 words max, 3 marks
Question 7: Based on your answers in Question 6, undertake a horizontal analysis by calculating the percentage change (year on year) for total assets, total liabilities, and total equities.
100 words max, 3 marks
Question 8: Calculate the gross profit margin, operating profit margin and net profit margin for JB HI-FI in 2020 and 2021.Based on your answer, are gross profit margins and operating margins changing in the same direction or not?
100 words max, 4 marks
Question 9: Please calculate the current ratio and quick ratio of JB HI-FI in 2020 and 2021.
100 words max, 2 marks
Question 10A: Please calculate the debt-to-equity ratio of JB HI-FI in 2020 and 2021.
30 words max, 1 mark
Question 10B: Consider the trend in your answer to Question 10A, explain how this trend will make it harder or easier for the company to borrow money?
30 words max, 0.5 marks
Question 10C: How would the debt-to-equity compare to the competitor in terms of the financial risk of the business? (Assuming competitors debt-to-equity ratio is 1.48)
30 words max, 0.5 marks
Question 11A: Please calculate the ROE of JB HI-FI in 2020 and 2021. (Total equity at the end of 2019 is $1,044.1 million)
50 words max, 1 mark
Question 11B: Decompose the calculated 2020 and 2021 ROE from Question 11 to ROA and Equity multiplier, and comment on your result. (Total asset at the end of 2019 is $ 2,567.2 million)
200 words max, 3 marks
Question 11C: From a shareholders perspective, explain if you would be satisfied with the companys financial performance and position. Your answer should reference the companys profitability, liquidity and solvency.
200 words max, 5 marks
End of Assignment
A2 RubericExcelelntVery Good Good Satisfactory Unsatisfactory
Utilising and evaluating source material (12 marks)
2 q1
3 q2
4 q3
3 q6
Total = 12 Correct identification of relevant information in source material
10-12 Mostly correct identification of relevant information in source material
8-10 Frequent identification of relevant information in source material
7-8 Some identification of relevant information in source material
6-7 Rarely correct identification of relevant information in source material
0-6
Calculations 13 marks
2 q5
3 q7
4 q 8
2 Q9
1 q10A
1 q11A
Total = 13 All ratios and trends have been calculated correctly. All working out, calculations and results have been reported
13-10 Most ratios and trends have been calculated correctly. Most working out, calculations and results have been reported
8-10 Some ratios and trends have been calculated correctly. Some working out, calculations and results have been reported
6-8 ratios and trends have occasionally been calculated correctly. working out, calculations and results have not been reported.
4-6 ratios and trends have rarely been calculated correctly. calculations and results have not been reported.
0-4
Analysis 12 marks
3 q4
0.5 Q10B
0.5 Q10c
3 Q 11B
5 Q11C
Total=12 Answers indicate excellent in-depth knowledge and application of relevant concepts
10-12 Answers indicate good knowledge and application of relevant concepts
8-10 Answers indicate mostly correct knowledge and application of relevant concepts
6-8 Answers indicate some knowledge and application of relevant concepts
4-6 Answers indicate very little knowledge and application of relevant concepts
0-4
Written communication 3 Marks
3 Answers have no grammar, spelling and or formatting errors
3 Generally Answers have no grammar, spelling and or formatting errors
2 Answers have some grammar, spelling and or formatting errors
1 Answers have many grammar, spelling and or formatting errors
0.5 Answers have very frequent grammar, spelling and or formatting errors
0
