This was a recent article in BBC News which caught my attention. From the point of view of this course, you need to read the article and consider how the material we are covering applies to this business model.
accounting
Description
Based on the below article answer the questions.
As it is for Accounting presenting financial no. is expected along with
research and opinion.
https://www.bbc.com/news/business-51048617
This was a recent article in BBC News which
caught my attention. From the point of view of this course, you need to read
the article and consider how the material we are covering applies to this
business model. What would the financial statements look like? What would be
unusual about them? Which statement would appear to be that of small company,
which of a large company? Consider if you were a user of these financial
statements, what questions/worries would you have? For example, if you were a
bank loan officer, would you be comfortable offering a loan to this company?
What if you were a new manager, what would you ask your bonus to be dependent
on? The importance with this discussion is to think about how financial
statements can be very different for one company compared to another, but does
that necessarily mean one business practice is better than another? It is about
seeing that statements often need interpreting and understanding if they re to
be used productively.
Few questions that could be posed related to
Current Assets, Long Term Liabilites, Sustainable Income, Profitability Ratios
etc and all should be related to the Article with research and reference link.
You should be reading articles such as this with
a critical eye to business implications - what do you like, not like, question
etc.
You should be going a step further than just
reading the article, you should be actually looking up any further information
you want to know (eg. current financial statements, other news items etc.)
I expect at least 3-5 posts from you. This will
likely be 3 large post where you are giving your opinions and researched
points, and then at least two where you are answering others' questions and
posing more questions.
Note: I need 3-4 posts that contain some research
and opinion along with posing questions as well. Keep in mind the questions and
how it can be implied to the article.
