Group Assignment [Groups can be 1 or 2 person Groups]
Due Week 10, Friday 22nd September, 2017 at 5pm
This guide is split into 5 Sections.
1. Overview
2. Submission Details and Issues that will Impact on Your Mark
3. Assignment Questions and Marking Rubric
4. Mark sheet
5. APA Quick Reference Guide
Section 1: Overview
What is a Group?
• For campus students, the group means 1 or 2 students.
• For distant learning (FLEX) students, while a group of 1 is likely to be more practical groups of 2 are optional.
• Important Note 1: Students working as a group, only one member of the group will submit the assignment online by uploading it in Moodle.
The Task
You are required to present answers to the following questions in report format.
The financial statements for Gelato Industries are as follows:
a) Calculate the following financial ratios for 2015 and 2014

b) Evaluate the firm’s financial position at the end of 2014 in terms of its liquidity, capital structure, asset management efficiency and profitability.
c) At the end of 2015, the firm has 5000 ordinary shares outstanding, selling for $15 each. What were the firm’s (i) earnings per share, (ii) price–earnings ratio, and (iii) market-to-book ratio?
d) Describe your observations about the financial condition and performance of Gelato Industries from your answers to (a) (b) and (c).
e) According to Warren Buffet, “Accounting is the language of business, and you have to learn it like a language… To be successful at business, you have to understand the underlying financial values of the business.” Warren Buffet, is one of the richest men in the world.
i. Research and summarise some interesting facts about Warren Buffet
ii. There are several YouTube featuring interviews and/or commentary by Warren Buffet about how to invest wisely. Below are 3 to get you started. Skip the ads, watch them and summarise the key points that he makes in relation to investment.
Warren Buffet Best Advice on Successful Investing: https://www.youtube.com/watch?v=_5VQPIeZhMc
Warren Buffet on Why He’ll Never Sell a Share of Coke Stock: https://www.youtube.com/watch?v=4p1_5bZ8I4M
Warren Buffet Financial Rules to Live By: https://www.youtube.com/watch?v=gUAtVyWS_4Y
Important Information:
• Response to case study must be in report format and include an introduction, body and conclusion,
• Appendices and reference list fonts must be either Arial or Times Roman 12 pt and 1.5 spacing for narrative, 16 pt bold for major headings and 14 pt bold for sub-headings.
• Inclusion of diagrams and tables to support the response is strongly encouraged.
• All supporting material must be properly referenced using APA in-text referencing formats
• Support for the response should draw from the Warren Buffet You Tube clips and/or related websites
• Word count is 1,500 words maximum (i.e. 5 pages maximum) excluding in-text referencing, diagrams and tables.
Section 2: Submission Details
This online submission MUST BE submitted as a word document. PDF submissions will not be accepted.
Issues that will impact on your marks include:
1. Where copying from other sources results in high % similarity, marks will be deducted as shown on the mark-sheet. Therefore, proper use of in-text referencing is important. Avoid direct quotes.
Turnitin will be used to check % similarity.
Do not copy the questions from the textbook as this will increase your % similarity.
Under extreme circumstances where high % similarity indicates copying from written works of other students in CQU, other universities or any other institutions world-wide, the assignment will be reviewed by the academic misconduct board. If percentage similarity exceeds 20%, marks will be deducted based on a progressive scale as determined by the course co-ordinator.
2. A marking rubric is provided in Section 3 and totals 50 marks and will be scaled down to reflect a grade out of 20%.
The assessment is worth 20% total assessment grade.
The final grade will be recorded on Moodle as a percentage of 20%.
3. Penalty for late submission is 5% per calendar day including Saturday and Sunday.
Section 4: Assignment Questions and Marking Criteria / Rubric
Criteria
Measures of Excellence
HD D C P US F
Content / Knowledge
There is an excellent standard of analysis and the responses demonstrate an accurate appreciation of the key concepts, principles and / or ratios. 20 16 12 8 4 0
Organisation, structure and presentation
Favourable attention has also been given to present ratios using tables, spreadsheets and / or figures. Sections flow. The use of headings and sub-headings is effective and enhances readability. Correct grammar, spelling and punctuation. 10 8 6 4 2 0
Evidence / Support / Referencing
The source of ratios and/or examples have been appropriately referenced. Referencing accurate – per APA Reference Guide.
10 8 6 4 2 0
Presentation Responses have been presented in a superior manner i.e comparisons, tables, and figures are neat, separators have been used to present numbers, workings are shown in a clear manner, headings have been used to categorise elements of the answers. Correct grammar, spelling and punctuation.
10 8 6 4 2 0
Marks will be scaled down reflect a grade out of 20%.

Section 4:
Mark Sheet for Assignment 1
This is your cover sheet. Submit together with your responses.
Ensure all names are recorded. Only groups of 1 or 2 will be accepted.
Name: _________________________ Campus: __________ Student ID: _________
Name: _________________________ Campus: __________ Student ID: _________
Question Max Marks Mark Less % for
Un-referenced Material Total Mark
1 15
2 15
3 15
4 20
5 15
6 20
Total 100
Converted to 20