Students will apply their problem solving skills to more complex problems in management accounting and will develop the ability to critically apply management accounting solutions to realistic problems. WV are a car parts manufacturer with factories and sales on a global basis in America, Europe, Asia and Africa. Extracted financial results for the year ended 30 September 2015 are shown in the table below. Consolidated total accounts 2015 $m Sales 675 Cost of Sales 325 Expenses 142 Non current assets 870 Current Assets 163 Current liabilities 96 Non current liabilities 137 Sales (in units) 27 000 000 Production capacity (in units) 30 000 000 They have calculated the global split of sales is: America 45%; Europe 25%; Asia 20% and Africa 10%. Global sales of car parts are estimated at 3 billion units. They have accumulated a $60m cash pile and have sketched out 4 scenarios for 2 years time, based on different decisions: Option 1 – do not invest the funds in the firm, keep the money effectively in the bank – they are aiming for a return of 4% on the cash; Option 2. Invest the funds in new machinery increasing production capacity by 10%;