代写FIN0008 MANAGING BUSINESS FINANCE INDIVIDUAL ASSIGNMENT 1代做Python编程
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FIN0008 MANAGING BUSINESS FINANCE
INDIVIDUAL ASSIGNMENT 1 (30 MARKS - 30%)
Instructions:
1) Please read the instructions for the assignment carefully. Marks shall be deducted for failure to adhere to instructions.
2) Students are to submit their assignments on or before the due date via Canvas. Submission after the due date shall be penalised by marks deduction.
3) Write your FULL Name AND your Student number as in the register on the assignment cover page.
4) This report must be typed written and submitted in MS WORD format with Times New Roman font size 12.
5) Answer ALL questions.
6) Show ALL workings. No marks will be awarded if there are no reasonable explanations/workings.
7) Please acknowledge any quotes and/or adaptions with adequate references to books, journals or websites used on the last page of your report. You may use APA referencing method.
8) Please be reminded that plagiarism and collusion are serious offences, and all cases will be referred to the administration. Grades will be withheld if the submission is suspected of plagiarism or collusion till investigations are completed.
Submission deadline
The due date for submission of CA1 assignment is 24 April 2025, Thursday, 1159 am.
Penalty Marks for Late Submission of Assignment
By one day: 20% to be deducted from total marks
More than one day: submission will NOT be graded
CA Submission
CA must be submitted by the due date through Canvas.
Please save your file as: surname name
For example, your full name as stated in your SIM register, for example, Tan Chay Meng File name will be: Tan Chay Meng
Important Note:
Students caught for Plagiarism and/or Collusion will be subjected to heavy penalties.
Please be reminded that plagiarism and collusion are serious offences, and all cases will be referred to the administration. You may be penalised leading to failure and termination from the Diploma programme.
Plagiarism & Collusion
The institute considers plagiarism & collusion as serious offences that could lead to expulsion from the programme. Students should ensure that the assignments submitted are their own work. Students should check every page and verify that it is their own work.
What is Plagiarism: It is the use of someone else’s work in its entirety or some parts in exact form. or in very close form. to your own without acknowledging the original author(s). Examples of plagiarism in assignments include the use of other authors: phrases, facts and illustrations, statistics, and assembled materials, without acknowledging them.
What is Collusion: It is the use of another person’s work or ideas with the consent of the other person(s) without formally acknowledging them in your own work. Although students can discuss their ideas and group projects freely with anyone, when it comes to writing the report, each student or each group must use their own words to produce their respective reports. Sharing the same phrases or paragraphs or sections of texts and illustrations (without any acknowledgements) in different group reports constitutes collusion.
Question 1
Mega Electronics Co. is a retail shop located in a shopping mall in Singapore. The shop specialises in selling home appliances and electronics. The owner, Sarah Lim, oversees the overall strategy and expansion of the business. She employs Michael Han, a store manager, to run the day-to-day operations at the store, including managing inventory, hiring staff, and overseeing sales.
Michael receives a fixed basic salary per month. Sarah notices that Michael often takes long coffee breaks and is often not in the shop serving customers.
Using the ‘Principal-Agent ’ theory, explain how the owner reduces the agency problem in this case.
Your answer must include:
(i) Who represents the principal and agent in this case study?
(ii) What is the agency problem in this case study?
(iii) What is a possible consequence of the agency problem in this case study?
(iv) Provide one practical recommendation for the owner in this case study to reduce the agency problem.
You need to apply the keywords in the PPT slides/Canvas ebook to be awarded the full marks. Ensure that your answer is original (your own work). [7 marks]
Question 2
Oscar Co.
Profit & Loss Statement for year ended 31 Dec 2024
$
Sales Revenue 2,080,976
Less: Cost of goods sold (1,701,000)
Gross Profit 379,976
Less: Operating expenses (273,846)
Operating profit (EBIT) 106,130
Less: Interest expenses (19,296)
Profit before tax (PBT) 86,834
Tax expenses (34,734)
Profit after tax (PAT) 52,100
Oscar Co.
Statement of Financial Position as at 31 Dec 2024
Assets
$
Cash 95,000
Accounts receivable 237,000
Inventories 243,000
Total current assets 575,000
Non-Current assets 425,000
Total assets 1,000,000
Liabilities & Shareholders' Equity
Accounts payable 173,500
Accruals 171,500
Total current liabilities 345,000
Long-term debt 188,000
Total liabilities 533,000
Share capital 255,000
Retained earnings 212,000
Total shareholders' equity 467,000
Total liabilities and shareholders' equity 1,000,000
a) Compute the following ratios for Justin Co. Ltd for the current year:
(i) Current ratio
(ii) Average Collection Period (in days)
(iii)Average Age of Inventory (in days)
(iv)Gross profit margin
(v) Net Profit margin (using Profit after tax)
(vi)Return on Total Assets (using Profit after tax)
(vii)Return on Total Equity (using Profit after tax)
(viii)Times Interest Earned
Full workings (including formulae) must be provided to be awarded the full marks. (8 marks)
b) Perform a cross-sectional analysis of the
(i) Profitability ratios and
(ii) Activity ratios of the company based on the ratios calculated in part (a) and the following information: (6 marks)
|
|
Ensure that your answer is original (your own work). [14 marks]
Question 3
Exclusive Trading Co., an Asian import company, has analysed a project and has prepared the following data:
|
|
Project ABE |
|
Year |
Cashflow ($) |
|
0 |
-565,000 |
|
1 |
224,000 |
|
2 |
170,000 |
|
3 |
120,000 |
|
4 |
85,000 |
|
5 |
50,000 |
Required payback period - 3.5 years Cost of capital - 20%
a) Calculate the undiscounted payback period of the investment. Would you invest in this project based on the payback period? Explain your reason(s). (3 marks)
b) Given the cost of capital for the firm is 20%, calculate the net present value (NPV) for the investment. Should the company invest in this project based on NPV answers? Explain your reason(s). (3 marks)
You need to provide the full set of workings that is shown in the PPT slides to be awarded the full marks. Alternate workings may not warrant the full marks. [6 marks]
Question 4
Your company is looking into an investment. To fund the investment, the firm requires $150,000. The firm’s weighted average cost of capital (WACC) is 8%, and the investment is expected to generate net operating profit after tax (NOPAT) of $60,000.
Given the firm’s tax rate is 30%, calculate the economic value added (EVA) of the investment.
Should the firm accept or reject the investment? Give your reason(s). [3 marks]
You need to provide the full set of workings that is shown in the PPT slides to be awarded the full marks. Alternate workings may not warrant the full marks.