Introductory Business Studies : BUSS401代写

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    • Introductory Business Studies : BUSS401代写
    Introductory Business Studies : BUSS401
     
    Accounting & Financial Literacy : 2016 S2

    Business Report
    Student Name Zhiyi Tan
    Student ID 15894300
    Stream 2E
    Business # 22
    Business activity Take away
    Name given to the Business 123 take away
     
    Statement of Academic Honesty
    This assessment has been written by me and represents my own work.
    This work has not been previously submitted.
    All sourced information has been appropriately acknowledged and APA referenced.
    I permit this assessment to be copied for academic processes (such as moderation).
    I have retained a copy of this assessment electronically.
    Signature Zhiyi Tan   Date 19 October 2016

    Part 1 – Entity Structure
          
    1.1       Give THREE reasons why you should choose to operate your business as a company.     
    Part 2 – Analysis and Interpretation of Financial Information: Business Efficiency
          
    2.1  List in descending order the three largest expenses for your business
      Expense Amount
    1    
    2    
    3    
          
          
    2.2  Complete the table relating to Gross Profit percentage
          
    All at 2dp Actual Budget Variance
    Gross Profit %      
          
    2.3       Give THREE possible reasons (excluding inventory wastage or theft) why the Gross Profit percentage Variance may have occurred (be specific with your answers – give credible examples)
          
     
    2.5  Inventory Control – Theft
          
    Give TWO suggestions that the business could implement to deter / detect theft of inventory by employees (be specific with your answers – give credible examples)
          
    Give TWO further suggestions that the business could implement to deter / detect theft of inventory by persons unknown (i.e. the public at large) (be specific with your answers – give credible examples)
      
    2.6  Complete the table relating to Employees Wages
          
      Actual Budget Variance
    Employees’ Wages      
          
    2.7       Give TWO possible reasons why the Employee’s Wages Variance may have occurred (be specific with your answers – give credible examples)
          
    Part 3 – Creating wealth for the shareholders / owners
     
    3.1  What financial information is used to measure wealth creation?
    3.2       Imagine that you are the sole owner / shareholder of this entity and you devote all your time to operating the business.
    Would you consider that the business is creating sufficient “wealth” for you?
     Introductory Business Studies : BUSS401代写