Hi there, I need someone to help with my assessment. Can you do it? This
is what I need doneRequiredRefer to the Australian Agricultural
Company’s 2017 Financial Report available at:https://aaco.com.au/investors-media/annual-reportsCover
PagePlease add a cover page that includes your name, student number,
and the total number of words.Part A • Maximum of 500 words• 9
marksLooking at the Consolidated Income Statement as at 31 March 2017
(page 46), discuss the following items:(i) Cattle fair value adjustments
$300,026,000 • you will find additional information in Note A3, pages
54 – 56, to assist you in answering this question(ii) Change in fair
value of property $2,285,000 • you will find additional information in
answering this question in Note A4 on pages 57 – 59(iii) Net profit
after tax, $71,586,000 and compare this item to total comprehensive
income of $102,065,000 in the Consolidated Statement of Comprehensive
Income for the year ended 31 March 2017 (page 47).Part B• Maximum of 500
words• 9 marksLooking at the Consolidated Statement of Financial
Position as at 31 March 2017 (page 48), discuss the following items:(i)
Livestock $269,850,000 (under Current Assets) and Livestock $392,632,000
– under Non-Current Assets • you will find additional information in
Note A3, pages 54 – 56, to assist you in answering this question(ii)
Property, plant and equipment $792,373 (under non-Current Assets)• you
will find additional information in answering this question in Note A4
on pages 57 – 59).(iii) Borrowings $362,918,000 (under Non-Current
Liabilities) • you will find additional information in Note C1, page 62,
to assist you in answering this questionPart C• Maximum of 500 words•
12 marksLooking at Note E1 and E2 on page 69, discuss the following
items:(i) Future minimum lease payments under non-cancellable operating
leases for land and buildings of $7,718,000(ii) The possible impact on
Australian Agricultural Company of the introduction of Australian
Accounting Standard AASB 16, Leases which will be effective for periods
beginning on or after 1 January 2019(iii) Other commitments(iv)
Contingencies
Saturday, 8 July 2017
Hi there, I need someone to help with my assessment. Can you do it? This is what I need doneRequiredRefer to the Australian Agricultural Company’s 2017 Financial Report available at:https://aaco.com.au/investors-media/annual-reportsCover PagePlease add a cover page that includes your name, student number, and the total number of words.Part A • Maximum of 500 words• 9 marksLooking at the Consolidated Income Statement as at 31 March 2017 (page 46), discuss the following items:(i) Cattle fair value adjustments $300,026,000 • you will find additional information in Note A3, pages 54 – 56, to assist you in answering this question(ii) Change in fair value of property $2,285,000 • you will find additional information in answering this question in Note A4 on pages 57 – 59(iii) Net profit after tax, $71,586,000 and compare this item to total comprehensive income of $102,065,000 in the Consolidated Statement of Comprehensive Income for the year ended 31 March 2017 (page 47).Part B• Maximum of 500 words• 9 marksLooking at the Consolidated Statement of Financial Position as at 31 March 2017 (page 48)
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