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 brief.
Instructions:
1. Answer questions in Part 1 and 2 at the end of this brief.
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 Page 1 of 9

 Myer Holdings Ltd

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.

BIZ201 Assessment 3 Brief Page 2 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
recent 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 2018). Determine 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 Page 3 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
report 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 brief 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 Torrens Academic Writing Guide – APA for citing and referencing
research. Please see more information on referencing here
http://library.laureate.net.au/research_skills/referencing. Please see the marking rubric 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.

BIZ201 Assessment 3 Brief Page 4 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

BIZ201 Assessment 3 Brief Page 5 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

BIZ201 Assessment 3 Brief Page 6 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

BIZ201 Assessment 3 Brief Page 7 of 9

 Marking Rubric: Assessment 3
Assessment Fail
Attributes (Unacceptable)
0 – 49
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
Grade Description subject’s required
(Grading Scheme) assessment points.
Calculation of Demonstrates no
financial metrics evidence of use excel
formulas and relevant
worksheets to calculate
appropriate ratios.
30%
Understanding of Does not use ratio analysis
Profitability, Efficiency, to demonstrate the
Liquidity and Solvency understanding of
of the business using Profitability, Efficiency,
ratio analysis and Liquidity and Solvency of
providing the business. Does not
recommendations provide
BIZ201 Assessment 3 Brief
Pass
(Functional)
50 – 64
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
referencing system is used
and sources are
appropriately
acknowledged.
Demonstrates limited
evidence of use excel
formulas and relevant
worksheets to calculate
appropriate ratios.
Limited use of ratio analysis
to demonstrate the
understanding of
Profitability, Efficiency,
Liquidity and Solvency of the
business. Provides
some/general
Credit
(Proficient)
65 – 74
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
referencing system is used
and sources are appropriately
acknowledged.
Demonstrates consistent
evidence of use excel
formulas and relevant
worksheets to calculate
appropriate ratios.
Well-developed use of ratio
analysis to demonstrate the
understanding of Profitability,
Efficiency, Liquidity and
Solvency of the business.
Provides some general and
some specific
Distinction
(Advanced)
75 – 84
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
research, reading, analysis
and evaluation is
demonstrated. A consistent
academic referencing
system is used and sources
are appropriately
acknowledged.
Demonstrates an advanced
evidence of use excel
formulas and relevant
worksheets to calculate
appropriate ratios.
Thoroughly developed
understanding of
Profitability, Efficiency,
Liquidity and Solvency of the
business by using ratio
analysis. Provides
thoughtful specific
High Distinction
(Exceptional)
85 – 100
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.
Consistently demonstrates
an advanced evidence of
use excel formulas and
relevant worksheets to
calculate appropriate
ratios.
Highly developed
understanding of
Profitability, Efficiency,
Liquidity and Solvency of
the business by using ratio
analysis. Provides thorough
and insightful
Page 8 of 9
 recommendations. recommendations. recommendations. recommendations. recommendations.
40%
Understanding of Cash Does not compare Compares statement of cash Compares statement of cash Compares statement of cash Compares statement of
flow Statement statement of cash flow. flow. Comments on flow. Comments on flow. Comments on cash flow. Comments well
Does not comment and/or differences without differences. Provides some differences. Provides most on differences. Provides all
provide reason for providing reasons. reasons. reasons. reasons.
15% differences.
Correct citation of key Demonstrates inconsistent Demonstrates use of Demonstrates use of high Demonstrates use of good Demonstrates use of high-
resources and evidence use of good quality, credible and relevant quality, credible and relevant quality, credible and quality, credible and
credible and relevant resources to support and resources to support and relevant resources to relevant resources to
Overall structure, resources to support and develop ideas, but these are develop ideas. At least 6 good support and develop support and develop
appearance and develop ideas. Less than 4 not always explicit or well quality references provided. arguments and statements. arguments and position
referencing of the good quality references developed. At least 4 good Some mistakes and errors in Shows evidence of wide statements. Shows
report are assessed provided. Has not quality references provided. reference list. scope within the evidence of wide scope
correctly used APA Multiple mistakes and organisation for sourcing within and without the
referencing style. errors in reference list. evidence. At least 6 good organisation for sourcing
quality references provided. evidence. At more than 6
Few mistakes and errors in good quality references
reference list. provided. No mistakes and
15% errors in reference list.

BIZ201 Assessment 3 Brief Page 9 of 9