ACCT7020 Assignment ACCT7804 – Corporate Disclosure Project Due date: See Course Profile Word Limit: Maximum 2,500 words (not including tables) Select an Australian publicly listed company and use the...

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ACCT7020 Assignment ACCT7804 – Corporate Disclosure Project Due date: See Course Profile Word Limit: Maximum 2,500 words (not including tables) Select an Australian publicly listed company and use the company’s 2019 (or most recently available) annual report and website to prepare a report that systematically provides answers to each of the 11 questions below. You will also need to access information from the Morningstar database (available through the UQ library), the Australian Stock Exchange website as well as newspapers, magazines and analyst reports. The answers to your questions can be presented in point form, keeping in mind that your report should be informative to someone who is considering buying shares in the company. a. Provide a description of the company and its core business activity (or activities). b. What industry (or industries) does the company operate in? c. Name one major competitor of the company. d. List the countries/areas in which the company operates. e. In which country/area does the company make most of its profit? Where have you sourced this information? f. Who is the Chief Executive Officer of the company? g. What is their relevant experience in the industry in which the company operates? h. What is their history with the company? i. How is the Chief Executive Officer compensated? j. Do you think that they are being paid too much (not enough)? Explain. 2. How has the company performed over the past five years? Discuss the company’s performance and use tables, ratios and graphs to illustrate your analysis. a. What are the main expenses of the company’s business? b. Do any of these expenses stand out as unusual in size or nature? c. What is the company’s working capital balance in the current year? d. How much has it changed over the last year? e. Describe the types of liabilities the company has. f. Does the company reveal any other commitments or contingent liabilities in the notes to the financial statements? (List these and their value.) g. What are the main cash outflows for the company in the current year? h. Do any appear unusual in nature? i. How does the company fund its investing and operating activities? (i.e., what are the sources of capital for the company?) j. What proportion of profit did the company pay as dividends in each of the current and previous four years? k. Is it likely that the company can maintain its current dividend payout? Explain. l. Describe the corporate governance mechanisms the company has in place to protect the interests of its shareholders. m. Do you believe that the company has a strong or a weak governance structure in place? Explain. n. What information has the company’s management disclosed about the outlook for the next year? o. Discuss the implications of this outlook for the growth of the company over the next one to five years. p. Identify and comment on other forecasts of the company’s prospects? q. Are there any broader economic factors that are likely to impact the performance of the company over the next year? Describe these and discuss their potential impact. r. Based on the information you have discussed above and any additional information you have collected on the company, what do you think that the outlook is for the company over the short to intermediate term (the next 3 to 5 years)? s. Would you recommend that an investor purchase shares in the company? Why or why not? <NumberFormat ss:Format="Percent"/> <NumberFormat ss:Format="Short Date"/> <Alignment ss:Horizontal="Center" ss:Vertical="Bottom"/> <Alignment ss:Horizontal="Center" ss:Vertical="Bottom"/> <Interior ss:Color="#CCCCCC" ss:Pattern="Solid"/> <Alignment ss:Horizontal="Left" ss:Vertical="Bottom"/> <Alignment ss:Horizontal="Right" ss:Vertical="Bottom"/> <Alignment ss:Horizontal="Center" ss:Vertical="Bottom"/> <NumberFormat ss:Format="#,##0.00"/> <NumberFormat ss:Format="#,##0.00%"/> ASX Code Company Name Item 06/11 06/12 06/13 06/14 06/15 06/16 06/17 06/18 06/19 06/20 JBHJB Hi-Fi LimitedOperating Revenue 2959253000 3127792000 3308396000 3483893000 3652136000 3954467000 5628000000 6854300000 7095300000 7918900000JBHJB Hi-Fi LimitedOther Revenue 115000 45000