How telstra corporation does conduct business sustainability

Assignment Help Accounting Basics
Reference no: EM132220594

Question 1: Analysis of financial performance

The 2017 and 2018 Annual reports for Telstra are attached. Use these Annual reports to compare and contrast the financial results of the Telstra Group over the last two years (2017 to 2018). You should use financial information provided in the annual reports (including ratios, and narratives) to determine whether there has been an improvement or not in the financial position profitability and investments of the company. You should complete the following tasks:

a) Prepare a brief description of Telstra Group Corporation, outlining the core activities and the market it operates within. Emphasise any factor in the companies' history which you consider may help present a "picture" of Telstra.

b) Examine the financial Performance of the Telstra Group.
(i) Compare and contrast Financial Performance of the Telstra Group using the main financial data for 2018 and 2017.
(ii) Analyse the Cash Flows of the corporation.
(iii) Identify and Examine the Core Assets.
(iv) Examine Equity and Debt Capital.
(v) Examine Investments of Telstra.
(vi) Identify and Analyse Parent Entity Disclosure.

Question 2

The 2018 Sustainability report for the Telstra Group Corporation is attached

The Telstra Group Corporation is the main telecommunication and internet company provider in Australia. Students should undertake a comprehensive investigation to provide critical analysis about the Telstra's business sustainability.

Use this Sustainability report (and other resources) to answer the following question:

How Telstra Group Corporation does conduct business sustainability? How do you rate Telstra's sustainability?

Question 3

Alba Ltd hires out equipment and furniture for parties. The unadjusted trial balance of the business appears as shown below.

ALBA LTD

Unadjusted Trial Balance

as at 30 June 2018

 

Account

Debit

Credit

Cash at bank

$

5 200

 

 

Accounts receivable

 

2 400

 

 

GST receivable

 

3 300

 

 

Prepaid insurance

 

1 200

 

 

Party equipment

 

31 400

 

 

Accumulated    depreciation     -     party

 

 

$

17 600

equipment

 

47 300

 

 

Furniture

 

 

 

23 000

Accumulated depreciation - furniture

 

 

 

6 800

Accounts payable

 

 

 

5 000

GST payable

 

 

 

18 710

E. Johns, Capital

 

18 310

 

 

E. Johns, Drawings

 

 

 

74 700

Hire fees revenue

 

26 500

 

 

Salaries expense

 

5 700

 

 

Rent expense

 

3 100

 

 

Maintenance expense

 

 1 400

 

 

Electricity expense

 

 

 

 

 

$

145 810

$

145 810

Additional information

(a) Expired insurance amounts to $850.

(b) June electricity costs of $300 have not been paid or recorded. No tax invoice has been received.

(c) Depreciation on the party equipment is $7850, and depreciation on the furniture is $9420.

(d) Hire fees of $1150 (plus GST of $115) were received in advance and were not considered to be revenue at balance date.

(e) The Rent Expense account contains $1320 paid for July 2018 rent.

(f) A hire fee of $264 received in cash (including $24 GST) was recorded by debiting Accounts Receivable.

(g) Salaries earned amounting to $810 will be paid in July and have not been recorded.

Required

A. Set up T accounts for the accounts listed in the trial balance.

1. Enter the account balances from the trial balance to the T accounts.

2. Post the adjusting information directly to the T accounts.

B. Prepare an adjusted trial balance for the year ended 30 June 2018

C. Prepare a statement of financial performance as at 30 June 2018.

D. Prepare a statement of changes in equity for the year ended 30 June 2018.

E. Prepare a statement of financial position as at 30 June 2018.

Attachment:- Telstra - Sustainability and Annual Reports.rar

Reference no: EM132220594

Questions Cloud

Describe a minimum of two activities the planned learning : You are working as a teacher in a community with a high population of 3-year old to 5-year old children that have been identified as English Language Learners.
Evaluate the four risk-mitigation options and strategies : Evaluate the four risk-mitigation options and strategies. Give your opinion as to what circumstances would warrant each strategy.
Trends and best practices in recruiting and staffing : In the past, the organization was also known for outstanding customer service and for building long-term relationships with its many business partners.
Why any proposed process change requires cost estimating : Explain why any proposed process change requires cost estimating. In your opinion, determine whether or not cost estimating is a critical part of analyzing.
How telstra corporation does conduct business sustainability : BUACC 5930 Accounting Concepts and Practices - Federation Business School - Prepare a brief description of Telstra Group Corporation, outlining core activities
Describe the scope and analyze how to control the scope : Business Requirements DocumentWrite a four to six (4-6) page original business requirements document for the project plan using the template provided here.
Why an internal analysis has become an important activity : Evaluate the importance of an internal environmental analysis for a health care organization.
How do you plan to achieve work : 1. How do you plan to achieve work/life balance in your career? 2. Which is more important to you, more pay or more leisure time?
Describe the best leader you have known : Describe the best leader you have known. How did this leader acquire his or her capability?

Reviews

len2220594

1/21/2019 11:08:02 PM

Required: Refer to the assignment instructions. Students MUST complete ALL questions. Bases of assessment Marks Question 1 a) A short Description of the Telstra Group Corporation (2.5 marks) b) Examine the Financial Performance of the Telstra Group. Question 2 • Examine how the Telstra Corporation conducted sustainability in the telecommunication-internet industry in Australia. (25 marks) / 25 Question 3 • Presentation and accuracy of all parts. (35 marks) / 35 Overall Presentation • Cover page, line spacing, page numbering and referencing. / 5 (10+5+5+2.5+5+5 marks) /35 Total Marks = 100

len2220594

1/21/2019 11:07:14 PM

This is a Group Assignment and is to be completed in pairs. Students are required to study, undertake research, analyse and conduct academic work to the given instructions in the areas of accounting covered in learning materials 1 to 11 inclusive. The assignment contains two tasks. The first task (Question 1 and 2) is a case study focused on a comprehensive examination of the financial performance of the Telstra Group. The second task (Question 3) is a case study that requires preparation of financial statements for ALBA Ltd. You are strongly advised to reference professional websites, journal articles and text books in order to complete this assessment.

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd