HC2091 Business Finance
HOLMES INSTITUTE
FACULTY OF
HIGHER EDUCATION
Assessment Details and Submission Guidelines
Trimester T1 2020
Unit Code HC2091
Unit Title Business Finance
Assessment Type 3
Assessment Title Group Assignment
Purpose of the
assessment
(with ULO
Mapping)
Students are required to form a group of 4 members to study, undertake research, analyse and conduct academic work within the areas of business finance covered in learning materials Topics 1 to 10 inclusive. The assignment should examine the main issues, including: underlying theories, implement performance measures used and explain the firms financial performance. Your group is strongly advised to reference professional websites, journal articles and text books in this assignment (case study). The applicable Unit learning Outcomes are:
1. Research and explain the structure of Australian and International financial systems. Critically analyse the role of finance in business. Explain financial markets and different types of securities and the processes related to their investment. Interpret the impact of future developments in the financial markets on business structure and performance.
2. Understand the concept of the time value of money and apply it in investment and
portfolio evaluation and management.
3. Identify the important factors in capital investment decisions, portfolio evaluation
and business financing activities.
4. Critically analyse finance alternatives to manage short and long term debts.
Critically understand and practice valuation of financial instruments, including
ordinary shares, preferred shares and bonds.
5. Describe the effects of interest rates on business finance. Evaluate the firm capital
structure policy and payout policy. Evaluate alternative funding policies and
instruments available to businesses including the banking sector and nonbanking
sector.
6.
Weight 25% of the total assessments
Total Marks 25 Marks
Word limit Not more than 2,500 words
Page 2 of 7
2
Due Date: Registration of groups: 5 pm Friday, Week 7 17th of May 2020. Final Submission of Group Assignment: Midnight (23:59 pm.) Sunday, Week 10 7th of June 2020. Late submission incurs penalties of 5 (five) % of the assessment value per calendar day unless an extension and/or special consideration has been granted by the lecturer prior to the assessment deadline.
Submission
Guidelines
All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. Please make sure that your group members name and surname, student ID, subject name, and code and lectures name are written on the cover sheet of the submitted assignment.
The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers. When you submit your assignment electronically, please save the file as Group Assignment- your group name .doc. You are required to submit the assignment at Group Assignment Final Submission, which is under Group Assignment and Due Dates on Black Board.
Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style. Submitted work should be your original work showing your creativity. Students need to read and understand the Holmes Academic Integrity Policy before they start any assessment. (Please refer section 4.3 Guide to Academic Integrity p27 of the Holmes Student Handbook).
Always keep an electronic copy until you have received the final grade for the Unit. Please make sure that you submit the correct file.
Any appeal relating to submitting wrong files after the deadline will not be considered.
Group Self enrolment Please refer to the Group self-enrolment guidelines, as saved in the Assessments folder in order to enrol into a group.
You should not enrol into any group without the consent of the other members. To avoid random students joining your group, you should first decide who the four (4) members are in your group and enrol at the same time.
If you enrol into a group with less than four (4) members, any student can join your group and then you have to accept that person.
ASSIGNMENT SPECIFICATIONS
Page 3 of 7
3
ASSIGNMENT TASK
This assignment task is a written report and evaluative analysis of the financial performance of a selected listed
company on the ASX. This analysis requires:
1. Description of the company.
2. Preparation of common size financial statements.
3. Analysis of company networking capital position.
4. Analysis of liquidity and capital structure.
You are required to obtain the relevant information from chosen company annual reports and company web
site. You can access the company web site via www.asx.com.au.
To download the relevant please referee the Company code in ASX (see the following examples)
ABP Abacus Property Group
APZ Aspen Group Limited
AGL AGL Energy Limited
WES Wesfarmers Ltd
WOW Woolworths Group Ltd
(Note: The above table gives you examples only and you are not asked to choose them for the analysis)
ASSIGNMENT STRUCTURE
The assignment structure should be as follows:
Title of the assignment
Example: Analysis of ABX Company Financial Performance
Group details and the contribution of each group member
You need to give full details of all the group members in your group including their names and student IDs.
Please make sure all the names written in the assignment are matched with the group created in Blackboard.
To ensure that all students participate equitably in the group assignment and that students are responsible for
the academic integrity of all components of the assignment. You need to complete the following table which
identifies which student/students are responsible for the various sections of the assignment.
Assignment Section Student/Students
The above table needs to be completed and submitted with the assignment as it is a compulsory component
required before any grading is undertaken.
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
Page 4 of 7
4
CONTENT OF THE ASSIGNMENT
1. INTRODUCTION
The introduction should briefly explain the purpose of the assignment, the selected company for analysis and the type of analysis.
2. FINANCIAL PERFORMANCE ANALYSIS OF THE SELECTED COMPANY
a. Description of the company
Prepare a brief description of the selected company (when they started, key milestones etc.), outlining
the core activities (major business, key products) competitive advantages, and the market in which it
operates (in which industry sector they are in ASZX, do they export their products and services or whether
they serve only the local market).
b. Preparation of common size financial statements for the most recent financial year
First, briefly discuss the importance of common size financial statement. Second, prepare a common size
income statement and a common size balance sheet based on the most recent annual report.
c. Analysis of company net working capital position
Based on balance sheet information and the notes to the financial statements,
Analyse the working capital position of the company over minimum of past 4 years (composition of current assets and current liabilities, changes in CA and CL, any significant decision about working capital management etc.).
Calculate the networking capital and give your opinion on the net working capital position of the company (Whether the company net working capital is positive or negative, what will be the implication of identified net working capital position on the company short term and long-term solvency)
d. Analysis of company liquidity and capital structure using liquidity and capital structure ratios
Using data from financial statements of your selected company, calculate the following ratios for minimum of past 4 years and present them using suitable charts. Discuss the implications of the identified trends for company performance.
Liquidity ratio (calculate minimum of 2 liquidity ratios over 4 years and analyse them using suitable charts)
Capital Structure ratio (calculate minimum of 2 capital structure ratios over 4 years and analyse them using suitable charts)
3. Conclusion Based on the analysis in section 2, provide brief conclusion on the company financial performance.
4. References
Follow the Holmes reference guideline and give your reference details
(Note: You need to show all the calculations in an appendix)
All the graphs and tables should be correctly label
Graphs should have clear information (legends, axis title etc.)
Marking Criteria
Page 5 of 7
5
Marking criteria Weighting
1 Introduction 2 marks
2 Description of the company including their core business activities 4 marks
3 Preparation of common size financial statements for the most recent
financial year
Preparation of common size income statement
Preparation of common size balance sheet
4 marks
4 Analysis of company net working capital position Analyse of the working capital position of the company over minimum of past
4 years
Calculation of the networking capital and give opinion on the net working
capital position of the company
4 marks
5 Analysis of company liquidity and capital structure using liquidity and capital
structure ratios
Calculation of liquidity ratios and presenting them using suitable graphs
Analysis of company liquidity position based on the above calculation
Calculation of capital structure ratios and presenting them using suitable
graphs
Analysis of company capital structure based on the above calculation
6 marks
6 Conclusion which is based on the overall analysis 3 marks
7 Presentation, structure and academic writing 2 marks
Total Marks 25 Marks
TOTAL Weight 25 %
it. Refer to the information on page 3 of this assignment document.
Assessment Feedback to the Group:
Feedback will be provided two (2) weeks after submission, provided that the
group assignment is submitted on time.
Marking Rubric
Page 6 of 7
6
Content
Excellent Very Good Good Satisfactory Unsatisfactory
(80%-full marks given)
(70-79% marks given)
(61-69% marks given)
(50-60% marks given)
(0-49% marks given)
Introduction Max 2 marks
Outstanding introduction addressing the key purpose of the assignment and the selection of the company.
Very Good introduction addressing the key purpose of the assignment and the selection of the company.
Good introduction addressing the key purpose of the assignment and the selection of the company.
Satisfactory introduction addressing the key purpose of the assignment and the selection of the company.
No reasonable explanation on the purpose of the assignment or the company selection.
Description of the Company Max 4 marks
Outstanding analysis of the selected company, targeting their core business and competitive advantages.
Very good analysis of the selected company, targeting their core business and competitive advantages.
Good analysis of the selected company targeting their core business and competitive advantages.
Satisfactory analysis of the selected company targeting their core business and competitive advantages.
No sufficient analysis on the selected company targeting their core business and competitive advantages.
Preparation of
common size
financial
statements for
the most
recent financial
year Max 4 marks
Outstanding preparation of common size financial statements with 100% correct entries in both income statement and balance sheet.
Very good preparation of common size financial statements with 100% correct entries in both income statement and balance sheet.
Good preparation of common size financial statements with mostly correct entries in both income statement and balance sheet.
Satisfactory preparation of common size financial statements with reasonable number of correct entries in both income statement and balance sheet. However, there are errors in calculations and/or some missing entries.
Unsatisfactory way of preparation and presentation of common size financial statements. Selected financial statement is the not the most recent once.
Analysis of company net working capital position Max 4 marks
Outstanding analysis of company net working capital with accurate calculation and suitable charts.
Very good analysis of company net working capital with accurate calculation and suitable charts.
Good analysis of company net working capital with accurate calculation and suitable charts.
Satisfactory analysis of company net working capital.
No relevant calculation or analysis of company net working capital position.
Page 7 of 7
7
Analysis of company liquidity and capital structure Max 6 marks
Outstanding analysis of company liquidity position and capital structure position with relevant ratios. Demonstrated in-depth understanding on importance of liquidly management and capital structure of a firm.
Very good analysis of company liquidity position and capital structure position with relevant ratios. Demonstrated very good understanding on importance of liquidly management and capital structure of a firm.
Good analysis of company liquidity position and capital structure position with relevant ratios. Demonstrated good understanding on importance of liquidly management and capital structure of a firm.
Satisfactory analysis of company liquidity position and capital structure position with relevant ratios. Demonstrated good understanding on importance of liquidly management and capital structure of a firm.
Poor understanding of the analysis of company liquidity and capital structure. No calculation shown in the assignment.
Conclusion Max 3 marks
Presenting precise conclusion that exemplarily supported by justification and analysis;
Presenting very sensible conclusion that properly supported by justification and analysis;
Presenting adequate conclusion that properly supported by justification and analysis;
Demonstrating insufficient conclusion.
Providing no conclusion.
Presentation, structure and academic writing Max 2 marks
Demonstrated a high level of understanding and skills of academic writing by means of criticism, logical argument, and interpretation of data and information.
Demonstrated a good understanding and skills of academic writing by means of criticism, logical argument, and interpretation of data and information. Followed given formatting guidelines.
Demonstrated a reasonable understanding and skills of academic writing by means of criticism, logical argument, and interpretation of data and information. Partially followed given formatting guidelines
Demonstrated limited skills of academic writing in terms of structure, presentation, wordings and referencing. No satisfactory attention on given formatting guidelines
Failing to meet the requirements of academic writing in terms of structure, presentation, wordings and referencing. No attention on given formatting guidelines
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HC2091GroupAssignmentT12020.280420.pdf
Home>Business & Finance homework help>Accounting homework help>business finance
HC2091 Business Finance
HOLMES INSTITUTE
FACULTY OF
HIGHER EDUCATION
Assessment Details and Submission Guidelines
Trimester T1 2020
Unit Code HC2091
Unit Title Business Finance
Assessment Type 3
Assessment Title Group Assignment
Purpose of the
assessment
(with ULO
Mapping)
Students are required to form a group of 4 members to study, undertake research, analyse and conduct academic work within the areas of business finance covered in learning materials Topics 1 to 10 inclusive. The assignment should examine the main issues, including: underlying theories, implement performance measures used and explain the firms financial performance. Your group is strongly advised to reference professional websites, journal articles and text books in this assignment (case study). The applicable Unit learning Outcomes are:
1. Research and explain the structure of Australian and International financial systems. Critically analyse the role of finance in business. Explain financial markets and different types of securities and the processes related to their investment. Interpret the impact of future developments in the financial markets on business structure and performance.
2. Understand the concept of the time value of money and apply it in investment and
portfolio evaluation and management.
3. Identify the important factors in capital investment decisions, portfolio evaluation
and business financing activities.
4. Critically analyse finance alternatives to manage short and long term debts.
Critically understand and practice valuation of financial instruments, including
ordinary shares, preferred shares and bonds.
5. Describe the effects of interest rates on business finance. Evaluate the firm capital
structure policy and payout policy. Evaluate alternative funding policies and
instruments available to businesses including the banking sector and nonbanking
sector.
6.
Weight 25% of the total assessments
Total Marks 25 Marks
Word limit Not more than 2,500 words
Page 2 of 7
2
Due Date: Registration of groups: 5 pm Friday, Week 7 17th of May 2020. Final Submission of Group Assignment: Midnight (23:59 pm.) Sunday, Week 10 7th of June 2020. Late submission incurs penalties of 5 (five) % of the assessment value per calendar day unless an extension and/or special consideration has been granted by the lecturer prior to the assessment deadline.
Submission
Guidelines
All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. Please make sure that your group members name and surname, student ID, subject name, and code and lectures name are written on the cover sheet of the submitted assignment.
The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers. When you submit your assignment electronically, please save the file as Group Assignment- your group name .doc. You are required to submit the assignment at Group Assignment Final Submission, which is under Group Assignment and Due Dates on Black Board.
Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style. Submitted work should be your original work showing your creativity. Students need to read and understand the Holmes Academic Integrity Policy before they start any assessment. (Please refer section 4.3 Guide to Academic Integrity p27 of the Holmes Student Handbook).
Always keep an electronic copy until you have received the final grade for the Unit. Please make sure that you submit the correct file.
Any appeal relating to submitting wrong files after the deadline will not be considered.
Group Self enrolment Please refer to the Group self-enrolment guidelines, as saved in the Assessments folder in order to enrol into a group.
You should not enrol into any group without the consent of the other members. To avoid random students joining your group, you should first decide who the four (4) members are in your group and enrol at the same time.
If you enrol into a group with less than four (4) members, any student can join your group and then you have to accept that person.
ASSIGNMENT SPECIFICATIONS
Page 3 of 7
3
ASSIGNMENT TASK
This assignment task is a written report and evaluative analysis of the financial performance of a selected listed
company on the ASX. This analysis requires:
1. Description of the company.
2. Preparation of common size financial statements.
3. Analysis of company networking capital position.
4. Analysis of liquidity and capital structure.
You are required to obtain the relevant information from chosen company annual reports and company web
site. You can access the company web site via www.asx.com.au.
To download the relevant please referee the Company code in ASX (see the following examples)
ABP Abacus Property Group
APZ Aspen Group Limited
AGL AGL Energy Limited
WES Wesfarmers Ltd
WOW Woolworths Group Ltd
(Note: The above table gives you examples only and you are not asked to choose them for the analysis)
ASSIGNMENT STRUCTURE
The assignment structure should be as follows:
Title of the assignment
Example: Analysis of ABX Company Financial Performance
Group details and the contribution of each group member
You need to give full details of all the group members in your group including their names and student IDs.
Please make sure all the names written in the assignment are matched with the group created in Blackboard.
To ensure that all students participate equitably in the group assignment and that students are responsible for
the academic integrity of all components of the assignment. You need to complete the following table which
identifies which student/students are responsible for the various sections of the assignment.
Assignment Section Student/Students
The above table needs to be completed and submitted with the assignment as it is a compulsory component
required before any grading is undertaken.
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
http://www.asx.com.au/
Page 4 of 7
4
CONTENT OF THE ASSIGNMENT
1. INTRODUCTION
The introduction should briefly explain the purpose of the assignment, the selected company for analysis and the type of analysis.
2. FINANCIAL PERFORMANCE ANALYSIS OF THE SELECTED COMPANY
a. Description of the company
Prepare a brief description of the selected company (when they started, key milestones etc.), outlining
the core activities (major business, key products) competitive advantages, and the market in which it
operates (in which industry sector they are in ASZX, do they export their products and services or whether
they serve only the local market).
b. Preparation of common size financial statements for the most recent financial year
First, briefly discuss the importance of common size financial statement. Second, prepare a common size
income statement and a common size balance sheet based on the most recent annual report.
c. Analysis of company net working capital position
Based on balance sheet information and the notes to the financial statements,
Analyse the working capital position of the company over minimum of past 4 years (composition of current assets and current liabilities, changes in CA and CL, any significant decision about working capital management etc.).
Calculate the networking capital and give your opinion on the net working capital position of the company (Whether the company net working capital is positive or negative, what will be the implication of identified net working capital position on the company short term and long-term solvency)
d. Analysis of company liquidity and capital structure using liquidity and capital structure ratios
Using data from financial statements of your selected company, calculate the following ratios for minimum of past 4 years and present them using suitable charts. Discuss the implications of the identified trends for company performance.
Liquidity ratio (calculate minimum of 2 liquidity ratios over 4 years and analyse them using suitable charts)
Capital Structure ratio (calculate minimum of 2 capital structure ratios over 4 years and analyse them using suitable charts)
3. Conclusion Based on the analysis in section 2, provide brief conclusion on the company financial performance.
4. References
Follow the Holmes reference guideline and give your reference details
(Note: You need to show all the calculations in an appendix)
All the graphs and tables should be correctly label
Graphs should have clear information (legends, axis title etc.)
Marking Criteria
Page 5 of 7
5
Marking criteria Weighting
1 Introduction 2 marks
2 Description of the company including their core business activities 4 marks
3 Preparation of common size financial statements for the most recent
financial year
Preparation of common size income statement
Preparation of common size balance sheet
4 marks
4 Analysis of company net working capital position Analyse of the working capital position of the company over minimum of past
4 years
Calculation of the networking capital and give opinion on the net working
capital position of the company
4 marks
5 Analysis of company liquidity and capital structure using liquidity and capital
structure ratios
Calculation of liquidity ratios and presenting them using suitable graphs
Analysis of company liquidity position based on the above calculation
Calculation of capital structure ratios and presenting them using suitable
graphs
Analysis of company capital structure based on the above calculation
6 marks
6 Conclusion which is based on the overall analysis 3 marks
7 Presentation, structure and academic writing 2 marks
Total Marks 25 Marks
TOTAL Weight 25 %
it. Refer to the information on page 3 of this assignment document.
Assessment Feedback to the Group:
Feedback will be provided two (2) weeks after submission, provided that the
group assignment is submitted on time.
Marking Rubric
Page 6 of 7
6
Content
Excellent Very Good Good Satisfactory Unsatisfactory
(80%-full marks given)
(70-79% marks given)
(61-69% marks given)
(50-60% marks given)
(0-49% marks given)
Introduction Max 2 marks
Outstanding introduction addressing the key purpose of the assignment and the selection of the company.
Very Good introduction addressing the key purpose of the assignment and the selection of the company.
Good introduction addressing the key purpose of the assignment and the selection of the company.
Satisfactory introduction addressing the key purpose of the assignment and the selection of the company.
No reasonable explanation on the purpose of the assignment or the company selection.
Description of the Company Max 4 marks
Outstanding analysis of the selected company, targeting their core business and competitive advantages.
Very good analysis of the selected company, targeting their core business and competitive advantages.
Good analysis of the selected company targeting their core business and competitive advantages.
Satisfactory analysis of the selected company targeting their core business and competitive advantages.
No sufficient analysis on the selected company targeting their core business and competitive advantages.
Preparation of
common size
financial
statements for
the most
recent financial
year Max 4 marks
Outstanding preparation of common size financial statements with 100% correct entries in both income statement and balance sheet.
Very good preparation of common size financial statements with 100% correct entries in both income statement and balance sheet.
Good preparation of common size financial statements with mostly correct entries in both income statement and balance sheet.
Satisfactory preparation of common size financial statements with reasonable number of correct entries in both income statement and balance sheet. However, there are errors in calculations and/or some missing entries.
Unsatisfactory way of preparation and presentation of common size financial statements. Selected financial statement is the not the most recent once.
Analysis of company net working capital position Max 4 marks
Outstanding analysis of company net working capital with accurate calculation and suitable charts.
Very good analysis of company net working capital with accurate calculation and suitable charts.
Good analysis of company net working capital with accurate calculation and suitable charts.
Satisfactory analysis of company net working capital.
No relevant calculation or analysis of company net working capital position.
Page 7 of 7
7
Analysis of company liquidity and capital structure Max 6 marks
Outstanding analysis of company liquidity position and capital structure position with relevant ratios. Demonstrated in-depth understanding on importance of liquidly management and capital structure of a firm.
Very good analysis of company liquidity position and capital structure position with relevant ratios. Demonstrated very good understanding on importance of liquidly management and capital structure of a firm.
Good analysis of company liquidity position and capital structure position with relevant ratios. Demonstrated good understanding on importance of liquidly management and capital structure of a firm.
Satisfactory analysis of company liquidity position and capital structure position with relevant ratios. Demonstrated good understanding on importance of liquidly management and capital structure of a firm.
Poor understanding of the analysis of company liquidity and capital structure. No calculation shown in the assignment.
Conclusion Max 3 marks
Presenting precise conclusion that exemplarily supported by justification and analysis;
Presenting very sensible conclusion that properly supported by justification and analysis;
Presenting adequate conclusion that properly supported by justification and analysis;
Demonstrating insufficient conclusion.
Providing no conclusion.
Presentation, structure and academic writing Max 2 marks
Demonstrated a high level of understanding and skills of academic writing by means of criticism, logical argument, and interpretation of data and information.
Demonstrated a good understanding and skills of academic writing by means of criticism, logical argument, and interpretation of data and information. Followed given formatting guidelines.
Demonstrated a reasonable understanding and skills of academic writing by means of criticism, logical argument, and interpretation of data and information. Partially followed given formatting guidelines
Demonstrated limited skills of academic writing in terms of structure, presentation, wordings and referencing. No satisfactory attention on given formatting guidelines
Failing to meet the requirements of academic writing in terms of structure, presentation, wordings and referencing. No attention on given formatting guidelines
Applied Sciences
Architecture and Design
Biology
Business & Finance
Chemistry
Computer Science
Geography
Geology
Education
Engineering
English
Environmental science
Spanish
Government
History
Human Resource Management
Information Systems
Law
Literature
Mathematics
Nursing
Physics
Political Science
Psychology
Reading
Science
Social Science
Home
Blog
Archive
Essay
Reviews
Contact
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