Assignment Specifications (2000 words)Purpose: This assignment aims at assessing students on the...

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Assignment Specifications (2000 words)Purpose: This assignment aims at assessing students on the Learning Outcomes 1 to 8 as mentioned above. Assignment Instructions and Requirements Each student has been allocated a subject company for completing this assignment. In the excel file “Find Your Company” located under “Assessments” on Blackboard, you will find the listed company that you have been allocated for this assignment. Important note: You are NOT allowed to select your own companies. You must complete this assignment with the subject company that you have been allocated. Your assignment will not be marked if you use a different company to the one that you have been allocated, or you will be asked to resubmit your assignment using the coect company. Students are not allowed to complete the assignment using the same company as used by another student. My company is Corporate Travel Management Ltd, Consumer Discretionary.Go to the website of your subject company. Then go to the Investor Relations section of the website. This section may be called: “Investors”, “Shareholder Information” or similar titles. In this section, find the company’s annual report. Download the firm’s latest annual report and save it to your computer. For example, these reports may be dated 30 June 2019 or 30 June 2020. Do not use your firm’s interim financial statements or their concise financial statements. Once you have downloaded the latest annual report for the company allocated to you, you are required to undertake the following tasks: Apply relevant knowledge that you have learned from this course, examine the annual report of your subject company and other relevant information that you have obtained via your research and undertake the following tasks: 1. Discuss the factors to be considered in determining whether an entity is a reporting entity, using your subject company as an example. 2. Define, describe and critically discuss the objectives of general-purpose financial reporting (GPFR). 3. Identify if your subject company’s report is a GPFR and if the objectives of GPFR are achieved by your company. 4. In addition to the financial statements, what other information is included in the annual report? Briefly summarise three main subject areas of non-financial information in the annual report and indicate their page in the annual report. 5. Examine the list of assets in the balance sheet and the related notes. How are these assets valued? 6. Are there any forms of incentive contracts in place for executives? (refer to the company’s web page) 7. Identify two different groups of users of financial statements of your subject company. • What decisions do they make based on corporate financial statements? • What specific components of the company’s financial statements would they be most interested in?Also, please note, you must include the web link to access your annual report in your assignment. Otherwise your assignment will not be marked.

Ishmeet Singh · Accepted Answer

Input
		CTM
		Financial Analysis
		Input Worksheet
		10/14/20
		Gray cells will be calculated for you. You do not need to enter anything into them.
						2020	2019	2018
		Line Item				Year 1	Year 2	Year 3
		Current assets				92,843	138,791	84,297
		Fixed assets				89,737	32,215	20,243
		Total assets				763,517	1,003,849	804,841
		Average total assets				763,517	883,683	904,345
		Cash and cash equivalents				92,843	138,791	84,297
		Inventory				0	0	0
		Average inventory				0	0	0
		Current liabilities				142,997	367,834	291,394
		Total liabilities				205,430	411,367	333,349
		Owners' equity				143,345	177,190	133,218
		Number of common shares				375,314	364,368	301,747
		Average number of common shares				375,314	369,841	333,058
		Average owners' equity				143,345	160,268	155,204
		Market price per share				12.13	12.43	21.62
		Cash flow				138,791	92,843	138,791
		Cash flow per share				0.37	0.25	0.42
		Dividends paid				45,271	26,456	45,271
		Total sales				446,739	314,395	446,739
		Operating expenses				328,395	328,395	325,779
		Operating income				118,344	-14,000	120,960
		Advertising expense				161,099	145,748	200,000
		Marketing expense				100,000	100,000	61,099
		Earnings before interest and taxes				120,939	-11,753	120,939
		Interest expense				2,765	9,620	2,765
		Net income				86,235	-8,185	86,235
		Total loan				0	39,290	43,978
		Value of collateral or property				58,919	13,328	6,118
Liquidity
		CTM
		Ratio Analysis
		Liquidity Ratios					Year 1						Year 2			Q2			Year 3
		Definition:
			Current Ratio	=	Current Assets			0.65	=	$92,843				0.38	=	$138,791				0.29	=	$84,297
					Current Liabilities					$142,997						$367,834						$291,394
			Industry Average					2.00						2.00						2.00
			Variance					(1.35)						(1.62)						(1.71)
			Quarterly Growth/Decline											(0.27)						(0.09)
			Quick Ratio	=	Current Assets – Inventory			0.65	=	$92,843	-	$0		0.38	=	$138,791	-	$0		0.29	=	$84,297	-	$0
					Current Liabilities					$142,997						$367,834						$291,394
			Industry Average					7.00						7.00						7.30
			Variance					(6.35)						(6.62)						(7.01)
			Quarterly Growth/Decline											(0.27)						(0.09)
			Net Working Capital Ratio	=	Current Assets – Current Liabilities			(0.07)	=	$92,843	-	$142,997		(0.23)	=	$138,791	-	$367,834		(0.26)	=	$84,297	-	$291,394
					Total Assets					$763,517						$1,003,849						$804,841
			Industry Average					2.00						2.00						2.00
			Variance					(2.07)						(2.23)						(2.26)
			Quarterly Growth/Decline											(0.16)						(0.03)
			Current Liabilities to Inventory Ratio	=	Current Liabilities			0.00	=	$142,997				0.00	=	$367,834				0.00	=	$291,394
					Inventory					$0						$0						$0
			Industry Average					2.00						2.00						2.00
			Variance					0.00						0.00						0.00
			Quarterly Growth/Decline											0.00						0.

Assignment Specifications (2000 words) Purpose: This assignment aims at assessing students on the Learning Outcomes 1 to 8 as mentioned above. Assignment Instructions and Requirements Each student has...

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