Hi I need you to do question 1 for ACC211 and question 2 for ACC207.

ACC207 Corporate Accounting and Financial Statement Analysis Assignment 2 - Group-based Assignment January 2014 Presentation ACC207 Assignment 2 Group-based Assignment This assignment is worth 30% of the final mark for ACC207 Corporate Accounting and Financial Statement Analysis. The cut-off date for this assignment is 9 April 2014, 2359 hours. This is a group-based assignment. You should form a group of 3 members from your seminar group. Each group is required to upload a single report to MyUniSIM via your respective seminar group. Please elect a group leader. The responsibility of the group leader is to upload the report on behalf of the group. It is important for each group member to contribute substantially to the final submitted work. All group members are equally responsible for the entire submitted assignment. If you feel that the work distribution is inequitable to either yourself or your group mates, please highlight this to your instructor as soon as possible. Your instructor will then investigate and decide on any action that needs to be taken. It is not necessary for all group members to be awarded the same mark. ___________________________________________________________________________ Question 1 CASE NOTES Assume that you are the Investment Manager of your company. You have selected two listed companies for analysis in order to determine where your company should invest. You are asked to perform a financial analysis of the financial statements of two companies that you have identified by calculating and interpreting the appropriate ratios for two years (current and preceding year), compare the company performance and make appropriate recommendations to your Board of Directors. The two companies must be in the same industry for selection and comparison. Examples: consumer electronics industry, medical care, aerospace industry, hospitality industry, banking industry, Education industry, semi-conductor industry, or computer peripherals industry etc. Required: (a) Executive Summary Provide an executive summary of your report based on your analytical work, finding and recommendation. (5 marks) SIM UNIVERSITY Assignment 2 - Page 2 of 4 ACC207 (b) Assignment 2 Companies Information Select any TWO companies from any Stock Exchange of your choice. Please ensure that each selected company complies with the following: Availability of the Annual Report on the Stock Exchange's website. Operate and registered in the same country. Briefly describe the general industry outlook, principal activities and the core competencies of the two companies that you have selected. Useful sources of information include (though are not limited to): Annual reports ( to be attached as appendix) Newspapers, trade journals, etc. Bloomberg, Reuters, etc. (10 marks) (c) Financial Analysis (i) Compute 10 financial ratios per company for the past two financial years (current and preceding year) and present the ratios in a summarised table format given below. (Use Group or Consolidated figures in the annual reports to compute and show clearly the calculation of financial ratios.) Company 1 2011 2012 Company 2 2011 2012 Profitability ratios (in %) Gross profit % (ROS) Net profit % Efficiency ratios (in times) Inventory turnover Asset turnover (ROA) Liquidity ratios (in times) Current ratio Quick ratio Leverage ratios Debt ratio % Interest cover (in times) Investment ratios Earning per share (EPS) Return on equity (ROE) (20 marks) SIM UNIVERSITY Assignment 2 - Page 3 of 4 ACC207 Assignment 2 (ii) Analyse, interpret and compare the financial performance of the two companies based on the ratios computed above. (25 marks) (iii) Briefly analyze the cash flow statements of both companies over the two-year period. (10 marks) (iv) Draw conclusions about the overall relative financial strength of the two companies. Based on your analysis, state your recommendation as to which company you should invest in. You should support your recommendations with qualitative factors of the companies, any developments in the industry affecting their businesses and the performance of the economy, etc. You should also highlight any limitations of your analysis. (5 marks) (v) Enclosure of appendices. (5 marks) Question 2 The use of ratios is included because of the growing importance of investment in SHARIAH COMPLIANT COMPANIES. Islamic banking is gaining popularity all over the world with a forecast that investment worth $100 billion USD will be made globally in this system by 2010. There are many major multinationals companies (MNEs / MNCs) included in SHARIAH INDICES including companies such as Google Inc, Exxon Mobil Corp., GlaxoSmithKline plc, Siemens AG, Samsung Electronics, International Business Machines Corp., Nestle SA, and Coca-Cola. A number of indices have been created which only include companies that are shariah compliant such as the MSCI Global Islamic Indices and the Dow Jones Islamic Index. Required: Do a Research or literature review on the any ONE of the TWO above listed Islamic Index and report your findings. (20 marks) ---- END OF ASSIGNMENT ---- SIM UNIVERSITY Assignment 2 - Page 4 of 4 ACC211 Advanced Managerial Accounting Assignment 2 - Group-based Assignment January 2014 Presentation ACC211 Assignment 2 Group-based Assignment This assignment is worth 30% of the final mark for ACC211 Advanced Managerial Accounting. The cut-off date for this assignment is 8 April 2014, 2359 hrs. This is a group-based assignment. You should form a group of 3 members from your seminar group. Each group is required to upload a single report to MyUniSIM via your respective seminar group. Please elect a group leader. The responsibility of the group leader is to upload the report on behalf of the group. It is important for each group member to contribute substantially to the final submitted work. All group members are equally responsible for the entire submitted assignment. If you feel that the work distribution is inequitable to either yourself or your group mates, please highlight this to your instructor as soon as possible. Your instructor will then investigate and decide on any action that needs to be taken. It is not necessary for all group members to be awarded the same mark. ___________________________________________________________________________ Question 1 Mason Products Company operates a Pulp Division that manufactures wood pulp for use in the production of various paper products. The following revenue and costs are associated with a ton of pulp: $ Selling price 70 Expenses: Variable 42 Fixed 18 60 Net operating income 10 == Fixed cost is based on a capacity of 50,000 tons per year. The Pulp Division can sell all of its pulp to outside customers for $70 per ton. Mason Products Company has just acquired a loss making company that manufactures paper cartons for industrial use. This company will be restructured as a profit centre and named the Carton Division. The Carton Division is currently purchasing 5,000 tons of pulp from a supplier at a cost of $70 per ton less a 10% discount. Mason's president is anxious for the Carton Division to begin purchasing its pulp from the Pulp Division if an acceptable transfer price can be worked out. Required: (a) Are the managers of the Carton and Pulp Divisions likely to voluntarily agree to a transfer price for 5,000 tons of pulp? Explain your answer. (5 marks) SIM UNIVERSITY Assignment 2- Page 2 of 5 ACC211 (b) Assignment 2 If the Pulp Division meets the price that the Carton Division is currently paying to its supplier and sells 5,000 tons of pulp to the Carton Division each year, what will be the effect on the profits of the Pulp Division, the Carton Division, and the company as a whole? (8 marks) For questions (c) to (e) below, assume that the Pulp Division is currently selling only 30,000 tons of pulp each year to outside customers at $70 per ton. (c) Are the managers of the Carton and Pulp Divisions likely to voluntarily agree to a transfer price for 5,000 tons of pulp next year? Why or why not. (5 marks) (d) Assuming that the Carton Division's outside supplier drops its price to only $59 per ton (net of the purchase discount), should the Pulp Division meet this price. Explain your answer. If the Pulp Division does not meet the $59 price, what will be the effect on the profits of the company as a whole? (8 marks) (e) Refer to question (d) above. If the Pulp Division refuses to meet the $59 price, should the Carton Division be required to purchase from the Pulp Division at a higher price for the good of the company as a whole? (4 marks) Question 2 The Media Group has three major divisions: Newspapers, Television and Film Studios. Summary financial data (in millions) for 2013 are as follow: Newspapers Television Film Studios Operating Income $m 1100 160 200 Revenue $m 4600 6400 1650 Total Assets $m 4900 3000 2600 The manager of each division has an annual bonus plan based on division return on investment (ROI). Managers from divisions reporting increases in ROI from prior year are automatically eligible for a bonus. Managers of divisions reporting a decline in ROI have to provide persuasive explanation for the decline to be eligible for any bonus, and they are limited to 50% of the bonus paid to the division managers reporting an increase in ROI. Kenny, manager of the Newspapers Division, is considering a proposal to invest $200 million in fast-speed printing presses with colour-print options. The estimated increment to 2013 operating income would be $30 million. The Media Group has a 12% required rate of return for investment in all three divisions. SIM UNIVERSITY Assignment 2- Page 3 of 5 ACC211 Assignment 2 Required: (a) Use the DuPont method to explain differences among the three divisions in their 2013 division ROI. (8 marks) (b) Discuss reasons why Kenny might be less than enthusiastic about the fast-speed printing press proposal. (4 marks) (c) Rupert, chairman of the Media Group, receives a proposal to base manager compensation on division residual income. Compute the residual income of each division in 2013. (5 marks) (d) Would adoption of a residual income measure reduce Kenny's reluctance to adopt the fast-speed printing press investment proposal? (4 marks) (e) Rupert seeks your advice on designing a revised bonus plan for division managers of the Media Group. He is considering two proposals: (i) Reduce the salary of each division manager and make most, if not all, of the division manager's compensation depend on division ROI. (ii) Reduce the salary of each division manager and make most, if not all, of the division manager's compensation depend on company-wide (the Media Group) ROI. Discuss how the positive and negative features of each proposal are likely to affect the motivation of the managers. (9 marks) Question 3 Choose a company that is listed in Singapore which has not implemented a balanced scorecard. Assume that the president of the company who is responsible for the company's progress could not understand how after six months of meeting about the company's strategic direction, its performance still seemed to be declining rather than improving. He had just read an article about balanced scorecard. He understands that it is all about communicating corporate strategy throughout the organization and then selecting the right metrics to monitor performance at achieving the strategy. He is keen to implement it and has consulted you to develop a balanced scorecard for the company. Explain how you would develop a balanced scorecard for the company. SIM UNIVERSITY Assignment 2- Page 4 of 5 ACC211 Assignment 2 Your answer should follow the requirements listed below. Description Provide background information of the company being selected. Max Marks 5 For each of the balanced scorecard perspectives, provide a strategic 20 objective that best relate to it. For each strategic objective, identify three most appropriate performance measures that would help the company to achieve its objectives. Develop a strategy map to support the proposed balanced scorecard. 15 (40 marks) ---- END OF ASSIGNMENT ---- SIM UNIVERSITY Assignment 2- Page 5 of 5