HGM503 SWINBURNE UNIVERSITY OF TECHNOLOGY Australian Graduate School of Entrepreneurship MBA Financial Data and Decision Making INSTRUCTIONS: 1. Assessment: 15% of the total course assessment is allocated to this paper. 2. Time Allowed: 60 Minutes 3. Answer all questions in the spaces provided on the answer sheet Name………………………………………………………………………..… Student ID………………………………………………………………………………..HGM503 The following information relates to Brutus Ltd Brutus Ltd Statement of Financial Position Assets $’000 Liabilities $’000 Current Asset Current Liabilities Bank 112 Trade Creditors 360 Debtors 316 Non Current Liabilities Stock 500 Loans 500 Non Current Assets Shareholders Equity Equipment 1600 Share Capital 500 Acc. Dep. ( 800) 800 Retained Profits 440 940 Investments 72 1800 1800 Transactions $’000 Credit sales 2940 Purchases – credit 2040 Selling expenses – cash 340 Admin. Expenses – cash 291 Admin. expenses – depreciation 165 Other Revenue – Interest – cash 16 Tax – cash 60 Purchase equipment - Cash 600 Collection from Debtors 2996 Paid to Trade creditors 1880 Stock (Inventory) at end of period 580 Raised new loan 300 Increased Share Capital 60 Paid – dividends (drawings) 150 Investments (Cash) 30 Question 1 Required 1.Prepare a classified Statement of Financial Performance 2.Prepare a classified Statement of Financial Position 3.Prepare a Statement of Cash Flows for Operations, Financing and Investing 4 .Outline the relevance of the ratios, asset turnover and profit margin, in driving the return on assets.(calculations not required) 5 5+10+6+9=30 marks