BIZ201 Assessment 3 Brief XXXXXXXXXXPage 1 of 9
ASSESSMENT 3 BRIEF
Subject Code and Title BIZ201 Accounting for Decision Making
Assessment Scenario Analysis - Individual
Individual/Group Individual
Length 1,500 words
Learning Outcomes b) Apply relevant accounting concepts to simple business
scenarios.
c) Interpret and analyse the information contained in
general purpose financial statements, to evaluate the
overall financial position and performance of a business.
Submission By 11:55 pm AEST/AEDT Sunday of Module 4 (Week 8)
Weighting 30%
Total Marks 100 marks
Context:
This assessment is aimed at consolidating knowledge from Modules 1-3. By prescribing this
assessment, you are able to reflect on the understanding of accounting concepts and be
able to apply them to business scenarios like given in this
ief.
Instructions:
1. Answer questions in Part 1 and 2 at the end of this
ief.
2. Submit two files; Excel Workbook and Business Report
3. For calculation questions show all workings through appropriate Excel formulas. Copy
pasted numbers without appropriate Excel formulas will not be accepted.
4. Submit your assessment files using the following naming convention:
First Name_Last Name_BIZ201_Assessment3_Workbook.xlsx
First Name_Last Name_BIZ201_Assessment3_Report.doc
BIZ201 Assessment 3 Brief XXXXXXXXXXPage 2 of 9
Myer is a departmental store chain that began in Australia in the 1900’s. Presently, Myer operates
61 stores across Australia and sells a variety of products ranging from electrical goods, homeware,
fashion and beauty. In more recent years, Myer has faced growing pressure from competitors such
as JB Hi-fi, Uniqlo, Zara as well as the growth of online shopping.
In this assessment, your task is to analyse the financial data of Myer’s last five years of trading and
devise solutions to move the business forward. The analysis will be based on data compiled from
Myer’s Annual Reports. Some information is useful for this assessment includes:
Myer - https:
www.myer.com.au/content/about-us-myer
Annual Reports - http:
investor.myer.com.au/Reports/?page=Annual-Reports
As this present moment is quite critical for Myer, extensive financial investigation must be
completed to inform the decision-making process. Myer’s stakeholders are seeking increased
growth, profits and to become more competitive. You are expected to complete an Excel Workbook
and Business Report aimed at board members.
Myer Holdings Ltd
https:
www.myer.com.au/content/about-us-mye
http:
investor.myer.com.au/Reports/?page=Annual-Reports
BIZ201 Assessment 3 Brief XXXXXXXXXXPage 3 of 9
Part 1 – Excel Workbook Calculations
This Excel Workbook is available on learning portal under assessment section. There are 3
consolidated reports pertaining to profit and loss, balance sheet and cash flow activities for the most
ecent 5 years. In this section, you must show all of your workings, that is, you must use Excel
formulas to calculate your answers. Numbers only will not be accepted.
1. Vertical Analysis - Within the Balance Sheet worksheet, conduct a vertical analysis of the 2019
financial information.
2. Ratio Analysis - Within the Income Statement worksheet, conduct a ratio analysis of the last 2 years
of operations (2019 and XXXXXXXXXXDetermine the ratios listed in the areas of profitability, efficiency,
liquidity and solvency.
Part 2 – Business Report
1. Using the results of the Ratio Analysis in Excel workbook, comment on the organisation’s
Profitability, Efficiency, Liquidity and Solvency.
2. Based on the results of your analysis, make recommendations on areas that need improvement or
further investigation. Include in your recommendations how the organisations can improve its
growth, profit targets and become more competitive.
3. With reference to Statement of Cashflows of Myer, compare and comment with reasons on net
increase/decrease in cash and cash equivalents in 2018 and 2019.
See the Report Format section for guidance on the report structure.
BIZ201 Assessment 3 Brief XXXXXXXXXXPage 4 of 9
Report Format
As this is a business report, the following sections and headings should be included in your write up:
Cover Page – Includes assessment title, student name and ID, subject name and code, lecturer’s name,
submission date, word count. Be creative while making your cover page.
Executive Summary – An executive summary provides a succinct summary of the content within the report. It
presents information in such a way that readers are able to understand the intention and key elements of the
eport without having to read the entire document. It is recommended to write 10-20% of your total word
limit of the report. This section is not included in the word count.
Table of Contents – A summary of the sections (headings/sub-headings) and pages numbers.
Introduction – The introduction sets the scene and provides context for the aim. It provides background to
the issues being addressed only. (Approximately 10% of word count)
Main Discussion – (Rename the headings/sub-headings to reflect your report). This section should provide
information regarding the analysis you undertook addressing the key deliverables i.e. Part 2.
Conclusion – The conclusion restates the aim then provides a
ief and concise summary of the discussion to
demonstrate that the aim of the report has been achieved. No new information is to be included in the
conclusion. (Approximately 10% of word count)
References – It is essential that you use To
ens Academic Writing Guide – APA for citing and referencing
esearch. Please see more information on referencing here
http:
li
ary.laureate.net.au
esearch_skills
eferencing. Please see the marking ru
ic at the end of this
document for a guide to how many references you should be including in this report. References are not
included in the word count.
Appendices – This is where you provide supporting material which is unsuitable for inclusion in the body of
the report, but still has some value to contribute to the report. Note – if you have included an Appendices
section in your report, you must mention them in the main body.
http:
li
ary.laureate.net.au
esearch_skills
eferencing
BIZ201 Assessment 3 Brief XXXXXXXXXXPage 5 of 9
Appendix – Myer Holdings Financial Data
Table 1 Summary of Consolidated Income Statements
Note. Adapted from “Annual Reports”, by Myer Pty Ltd, 2019,
(http:
investor.myer.com.au/Reports/?page=Annual-Reports). In the public domain
http:
investor.myer.com.au/Reports/?page=Annual-Reports
BIZ201 Assessment 3 Brief XXXXXXXXXXPage 6 of 9
Table 2 Summary of Consolidated Balance Sheets
Note. Adapted from “Annual Reports”, by Myer Pty Ltd, 2019,
(http:
investor.myer.com.au/Reports/?page=Annual-Reports). In the public domain
http:
investor.myer.com.au/Reports/?page=Annual-Reports
BIZ201 Assessment 3 Brief XXXXXXXXXXPage 7 of 9
Table 3 Summary of Consolidated Cash Flows
Note. Adapted from “Annual Reports”, by Myer Pty Ltd, 2019,
(http:
investor.myer.com.au/Reports/?page=Annual-Reports). In the public domain
http:
investor.myer.com.au/Reports/?page=Annual-Reports
BIZ201 Assessment 3 Brief XXXXXXXXXXPage 8 of 9
Marking Ru
ic: Assessment 3
Assessment
Attributes
Fail
(Unacceptable)
0 – 49
Pass
(Functional)
50 – 64
Credit
(Proficient)
65 – 74
Distinction
(Advanced)
75 – 84
High Distinction
(Exceptional)
85 – 100
Grade Description
(Grading Scheme)
Fail grade will be awarded
if a student is unable to
demonstrate satisfactory
academic performance in
the subject or has failed to
complete required
assessment points in
accordance with the
subject’s required
assessment points.
Pass is awarded for work
showing a satisfactory
achievement of all learning
outcomes and an adequate
understanding of theory
and application of skills. A
consistent academic
eferencing system is used
and sources are
appropriately
acknowledged.
Credit is awarded for work
showing a more than
satisfactory achievement of
all learning outcomes and a
more than adequate
understanding of theory and
application of skills. A
consistent academic
eferencing system is used
and sources are appropriately
acknowledged.
Distinction is awarded for
work of superior quality in
achieving all learning
outcomes and a superior
integration and
understanding of theory
and application of skills.
Evidence of in-depth
esearch, reading, analysis
and evaluation is
demonstrated. A consistent
academic referencing
system is used and sources
are appropriately
acknowledged.
High Distinction is awarded
for work of outstanding
quality in achieving all
learning outcomes together
with outstanding
integration and
understanding of theory
and application of skills.
Evidence of
in‐depth research, reading,
analysis, original and
creative thought is
demonstrated. A consistent
academic referencing
system is used and sources
are appropriately
acknowledged.
Calculation of
financial metrics
30%
Demonstrates no
evidence of use excel
formulas and relevant
worksheets to calculate
appropriate ratios.
Demonstrates limited
evidence of use excel
formulas and relevant
worksheets to calculate
appropriate ratios.
Demonstrates consistent
evidence of use excel
formulas and relevant
worksheets to calculate
appropriate ratios.
Demonstrates an advanced
evidence of use excel
formulas and relevant
worksheets to calculate
appropriate ratios.
Consistently demonstrates
an advanced evidence of
use excel formulas and
elevant worksheets to
calculate appropriate
atios.
Understanding of
Profitability, Efficiency,
Liquidity and Solvency
of the