1. Complete the table above for changes in the items noted
Make an appropriate comment against the change computed, indicating how the change will impact the audit risk assessment and the audit work to be done on that area
1)Calculate GMROI and inventory turnover given annual sales of $20,000, average inventory (at cost) of $4,000 and a gross margin of 45%. (1point) 2)Using the following information, calculate additions to stock: (1 point) Sales$26,000 EOM stock$100,000 BOM stock$88,000 3)Using the following information, calculate the average BOM stock-to-sales ratio for a six-month merchandise budget plan: ( 2 points). GMROI 130% Gross Margin 46% 4)Today is July 19. Buyers at two different stores are attempting to assess current open-to-buy given the following information: Store A: Actual BOM stock$50,000 Monthly additions actual$25,000 Merchandise on order to be delivered$10,000 Planned monthly sales Planned reductions$30,000 $5,000 Planned EOM stock$65,000 Store B: Actual BOM stock$75,000 Monthly additions actual$30,000 Merchandise on order to be delivered$12,000 Planned monthly sales Planned reductions$40,000 $6,000 Planned EOM stock$75,000 What is the open-to-buy on July 19? What does this number mean to you for each store? (2 points). 5)What is the order point and how many units should be reordered if a food retailer has an item with a 7-day lead-time, 10-day review time, and daily demand of 8 units? Say 70 units are on hand and the retailer must maintain a backup stock of 20 units to maintain a 98 percent service level? (1 point). 6)A retailer is expecting a good month and is adjusting the sales forecast upward by $750. Using the following information, calculate the March open-to-buy: ( 1 point). Planned purchases (March)$32,000 Monthly additions actual21,000 Merchandise on order (March)8,000 Open-to-buy unused (February)2,000 7)The Sports Shop has beginning inventory of $12,000 and planned ending inventory of $13,400. Planned sales for the period are $5,800. Calculate the open-to-buy for the month. (1 pont). 8)What is the reorder point, and how many units should be reordered if a retailer has an item that has a lead time of 10 days, a review time of 15 days, daily demand of 18 units, and there are 82 units on hand and the retailer must maintain a backup stock of 27 units to maintain a 95% service level? (1 point).
(1) compare and contrast the corporate governance principles of your selected country with the United States,
(2) identify the relevant corporate governance parties and their roles,
(3) describe recent challenges related to the corporate governance for your selected country, and
(4) list and describe recent corporate governance activities in your selected country.
1. Compare the accuracy of an adaptive quadrature based on Simpson's method to an adaptive quadrature based on the rectangle method for the integral given in the previous problem.
2. Answer the previous question for the function y = sin x.
3. Give a specific example of a function for which adaptive quadrature would be likely to give a drastically more accurate result than the other methods.
1. Compare and contrast McDonald’s strategies in China with those of Wal-Mart in Mexico. 2. What role did the policies of various governments play in influencing the international expansion strategies of both McDonald’s and Wal-Mart? 3. What variables other than price appear to have the biggest impact on the demand for McDonald’s products? How much influence does the company have over these variables? 4. In recent business publications, find a case study in which changes in the macro environment play a major role in influencing a firm’s competitive strategy. Contrast this with a second case in which micro factors play a more important role.
1.Churches, museums and charities are examples of services of A.government sector B.private non-profit sector C.manufacturing sector D.business sector 2. Characteristics of services include A.variability and inseparability B.intangibility C.perishability D.all of the above 3. According to categories of services mix, and products that have no accompanying services are classified as A.tangible goods with accompanying services B.pure tangible goods C.pure services D.major service with minor goods 4. Considering categories of services mix, meal of restaurant is classified as example of A.pure services B.major service with minor goods C.tangible goods with accompanying services D.pure tangible goods 5. Qualities of product that are hard for buyers to evaluate even after purchasing product are classified as A.minor qualities B.search qualities C.credence qualities D.experience qualities
1. Classify each of the following as being usually fixed (F) , variable (V), semi-fixed (SF) or semi-variable (SV) costs
i. Direct labour – variable (V)
ii. Depreciation of machinery – fixed (F)
iii. Factory rental – fixed (F)
iv. Supplies and other indirect materials – variable (V)
v. Advertising – fixed (F)
vi. Maintenance of machinery – variable (V)
vii. Factory manager’s salary – semi-fixed (SF)
viii. Supervisory personnel –
Royalty payments
1. Commercial Paper Yield Curve and Rates.
: Assume that the current shape of the Treasury yield curve is in its “normal” position – slightly upward sloping. If plotted on the same graph, would the position of the commercial paper yield curve be higher, lower, or about the same position as that of the Treasury yield curve? Explain your answer.
: A securities analyst made the comment that the normal maturity of commercial paper is between 20 and 45 days and rarely would a maturity exceed 270 days in length. Explain why the commercial paper yield curve doesn’t extend beyond 270 days.
: What should happen to the “spread” or the difference between commercial paper rates and T-bill rates during recessionary periods and why? Note: Bankruptcies and defaults are more likely to take place during a recession.
EDF5622 Developing Learning & Learners.
Assessment Task 2A
GUIDE TO WRITING YOUR REFLECTIVE LEARNING EPISODE Overview
• You do not need any academic references or links to theories for this task.
• All you need is to write up a learning episode from your past learning experience, or
your teaching experience, or your mentorship experience, or your team work within
your own working or study setting.
• We are looking for an episode that involves learning. The learner could be yourself –
or it could be a learner, or group of learners, you have observed.
• This is essentially a descriptive (NOT analytical or theoretical) writing task.
• This is the first step towards critically reflecting on learning – first we need the story
itself.
• In the previous assignment we gave you a ‘case’ to consider. Now we want you to be
framing your own ‘case’ or episode for analysis.
• Make sure that you use up the whole 800 words to write up a story that involves a
learning episode (+/- 10%)
1. Choose one particular episode that will allow you to link to a particular theory, or
theories, to explicate the “why” question to your story …
2. Describe who, when, where, how, learning happened, or did not happen.
3. Include sufficient detail in the story to provide ‘hooks’ that will allow you to attach, or
connect the theory later when you complete Assignment 2B. Then you will be linking your
learning episode to theory/theories and associated strategies for improvement
4. But for now, tell it as a story.
5. You can write using the first person “I” …
6. However, use pseudonyms (false names) for the ‘characters’ in your story. Your story
should not identify any particular persons or places explicitly (other than yourself).
GO ON AND WRITE YOUR REFLECTIVE LEARNING EPISODE
You may find it helpful to share your story with a few classmates – and provide constructive
comments on their stories …
We look forward to reading about your experiences.
Regards, Peter
(on behalf of the teaching team)
Attachments:
20190516-2116….jpg
A-Short-Guide….pdfEDF5622-Devel….pdfEDF5622-Assig….pdf
1.Choose the latest annual report for any one of the following companies Your group shall be allocated latest annual report (2017 or 2018) of one of the following companies listed on the Australian Stock Exchange. Your group is required to answer following assignment questions for the company selected in a report format and also compare the findings of your company ( wherever necessary) with another competing company from the same industry selected by your assignment group ( Preferably from ASX 200 companies available at http://www.asx200list.com/ )
Company- Introduction, Business & operating activities, Finances and Financial performance
Attachments:
BUACC5932-Ass….docx
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