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School of Business and Economics: BUS 505 Assignment 1/mid 1
School of Business and Economics: BUS 505 Assignment 1/mid 1
BUS 505
Assignment 1/Mid 1
Spring, 2022
Assessment/Mid 1 details:
Download the current annual report (2020) of your assigned company from the website and answer the
following questions:
What type of business is this? Provide some insights. (3 marks)
Provide a discussion on the operation/activities of the business (2 marks)
Who are on the board of directors of this business? (2 marks)
Who are the users of the accounting information of this business. (3 marks)
What are the main Property, Plant and Equipment listed in the assigned company annual report?
(2 marks)
What are the different types of inventories reported by the assigned company in its annual
report? (2 marks)
Do you think the valuation of inventory requires subjective judgements? Why or why not?
(3 marks)
What are the different administrative expenses and selling, marketing and Distribution expenses
reported by the assigned company in its annual report? How much has it increased or decreased
from last year? What is the main reason for this increase or decrease? (4 marks)
What are the main source of income for the business? (2 marks)
What are the different components of the payment/perquisites to Managers and Directors.
(2 marks)
Other Information:
The entire assignment should not exceed 1500 words (+/- 10 %) (excluding title page, figures,
reference list and appendices, if any).
This is an individual assignment. Please provide your name, student id and word count on the
cover sheet.
Please note we are going to penalise plagiarism significantly. Provide a reference whenever you
include information from other sources.
Please use spelling and grammar checkers. Before submission of your assignment, make sure your
work is adequately edited and proofread.
Submission detail: