Qantas Dollar Change

• Bottom of screen are two lines = projected revenues, net earnings, earnings per share, return on equity investment, credit rating, image rating and change in cash position from the prior year.

With the non-current assets, plant & equipment has risen 3.4% due to an increase in depreciation, deferred tax is up 48.7% due to increases in provisions and the intangible assets are down 6.2% this is due to the company’s Clive Anthony write-off.

The largest driver of the enhanced outcome was advancing with the Qantas Transformation program which opened $864 million in change benefits amid the year and saw Qantas meet its objective of paying down more than $1 billion of net debt. Accordingly, Qantas has achieved its ideal capital structure- enabling it to continue shareholder

Total calculated impairment is $2,300,000. Even though the total value exceeds total cost, impairment of any single lease is recognized. Therefore, impairment is debited for $2,300,000 and the credit is Allowance for impairment of unproved properties. After impairment is recorded, the net book value is

Table [ 1 ]: Coca Cola Company Income Statement Analysis (dollars in millions except for per share data)

According to ACS 350-20-35-3A, an entity may assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount, including goodwill. In evaluating whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, an entity shall assess relevant events and circumstances as indicated under ASC 350-20-35-3C. As indicated earlier, Galaxy was experiencing competition from imports and had determined that the earnings and share price declined through-out the fiscal year, these events could potentially lead Galaxy’s reporting units fair value to fall below the carrying amount of both reporting units. If no interim step 1 test was required, then management should have performed a step 1 impairment analysis for the Fitness Equipment and Hockey Equipment reporting units at year end to determine whether the fair value of the reporting units have either gone below its carrying value or significantly decreased due to the sports equipment imports from China selling at a lower

E F 1 Units Sold Net Cash Flow 2 3 500 -$1,500 4 550 -$450 5 600 $600 6 650 $1,650 7 700 $2,700 8 750 $3,750 9 800 $4,800 10 850 $5,850 11 900 $6,900 12 13 G H I Units Sold Net Cash Flow 750 760 770 780 790 800 $3,750 $3,960 $4,170 $4,380 $4,590 $4,800 J K L Units Sold Net Cash Flow 770 771 772 773 774 775 776 777 778 779 780 $4,170 $4,191 $4,212 $4,233 $4,254 $4,275 $4,296 $4,317 $4,338 $4,359 $4,380

The purpose of this report is to analyse the Qantas Group Annual Report for 2013 with a focus on the role of Qantas in the Australian domestic market. While analysing the Qantas Group Annual Report for 2013, it will become clear as to why the Qantas Group results have been impacted by the competition from Virgin and Tiger.

Fleet restoration critical decreases in expense through more prominent fuel proficiency and less regular overwhelming kept maintenance.

The landscape of Qantas globally is extremely competitive. As of 2010, there are 68 global airlines with more than 10 million passengers globally which Qantas ranked 28th top airline serving most passengers worldwide (OneWorld

Impairment is an accounting principle that describes a permanent reduction in the value of a company 's asset, normally a fixed asset. ("Impairment," n.d.) If an elusive resource that is not being amortized is therefore resolved to have a limited valuable life, the benefit should be tried for debilitation as per passages 350-30-35-18 through 35-19. That impalpable resource should then be amortized tentatively over its assessed staying valuable life and represented in an indistinguishable way from other immaterial resources that are liable to amortization. (FASB, ASC 350-30-35-18/19)

$13,100,000 in asset impairment expense was due to six underperforming restaurants in addition to three closed restaurants. Management needs to keep close watch on any underperforming restaurant to prevent unnecessary asset impairment expense.

$ | Purchase, January 10 | 1,000 | 1.000 | 1,000 | Additional purchases | 12,000 | 0.860 | 10,320 | Ending inventory | (4,000) | 0.830 | (3,320) | Cost of goods sold | 9,000 | | 8,000 | Calculation of Remeasurement Gain | | Exchange | | | Pounds | Rate | U.S. $ | Net monetary assets, 1/1/Y1 | 8,000 | 1.000 | 8,000 | Increase in monetary assets: | | | |

The purpose of this memo is to examine whether Deluxe Corporation should increase borrowings to buyback stocks. After considerable analysis of the company’s financial position, we recommend that Deluxe Corp. to borrow up to $1.023 billion to buy back 34,175 shares. In order to achieve this, Deluxe will need to lower its bond rating from A rating to BBB , which results in a decrease in WACC from 11.47% to 9.95%. By doing this, Deluxe ’s WACC is minimized, yet the bond rating is still at investment –grade rating; plus, the firm will have a financial flexibility of $872 million, and an increase in its equity

Balance Sheet & Income Statement. For the Financial Statement file attached with the assignment, click on the annual