I am having a few difficulties with the Analysis and interpretation internal.
-In finding a reason for trends in our Analysis measures from 2009 to 2010 do i have to find out what the reasons were or can i make them up?
-Do i look at Restaurant Brands as a whole or do i need to look at KFC, Pizza Hut and Starbucks seperately? I am only asking because the excellence exemplar talks about these three in great detail.
-When analysing profitability etc should i talk about the trends in comparison with other companies or only compare the measures with the previous year?
-I am unsure what to talk about in my profitability section etc as i am only stating the figures, comparing them with the previous year, considering a reason for this trend and stating whether the trend is favourable or not.
– when we use figures do we round them to the nearest whole cent or is it better to leave as is e.g. 13.67c for every dollar…
1. you will need to provide reasons that actually occurred – e.g. reasons that caused sales to increase or decrease
2. if the changes are caused by a certain segment of restaurant brands, e.g. kfc, then you will need to address kfc as well
3. compare restaurant brands’ trends with other businesses if it supports a point you are trying to make regarding a specific analysis measure
4. use 2 dp for all calculations
Thanks for the answers to my questions. They helped. I have a few more questions though.
-It may be too late but i have been using Fisher & Pakel and Rakon Industries to compare with Restaurant Brands analysis measures. I did so because they were the only NZ retail companies that i could find that had submitted their annual report for the 2009/2010 financial period. I now realise that i need to compare Restaurant Brands with other NZ companies in the same industry. Is it acceptable for me to use Fisher & Paykel and Rakon as a comparison considering that they are also NZ retailers of do i have to use other companies of the same industry??
-Also in the excellence exemplar the other companies used for comparison were not all NZ companies. They had stores in New Zealand but they were based overseas. If i can use these companies do i have to find the NZ annual reports or can i use the annual reports for the global company?
…and some more
-you gave us 15 analysis measures to calculate. However, in the student assessment schedule it says that we need to include more calculations than the ones you gave us to get M or E. Is that correct?
-It also says that we need to include other financial or non financial information. Can we still get M or E if we do not? Does using other companies ratios and analysis measures count as other information? I am quite confused.
-In our bibliography do we inculude any material that you provided including the annual reports for Restaurant Brands??
great questions
– its good to focus on the point you are trying to reinforce; therefore, comparisons with companies in the same industry would be more suitabl; if comparisons with companies in other industries reinforces your point then by all means use it
– can you tell me what page in the exemplar refers to an overseas company operating in nz? then i can give you a better answer
– I don’t remember giving out an assessment schedule, do you mean the student handout? If so, could you direct me as to where it states you need more calculations than what is stated to get M or E
– If it says you need to include other financial and non-financial information to get an M or E, then you would need to include them – a lot of this information can be found in the annual reports
– other companies’ analysis measures would count as financial information as they are financial in nature (e.g. percentages and ratios) and they are informational (useful) in nature for the purpose of your report
– Yup, include in the bibliography all materials you referred to
Not the assessment schedule sorry but the student handout
for acheivement with excellence and merit it says — Other relevant analysis measures that relate to the annual report have been calculated/quoted and interpreted. Did you give us other relevant analysis measures?? or are they seperate?
Oh and thanks for the other answers
its all good
– i did not give other relevant analysis measures as it really depends on the direction/approach each student takes with the report; if its relevant to the purpose of what you are reinforcing then by all means use it; an example i used is the expense %… you may decide its relevant to support your interpertation of the distribution costs % for example by using a more specific expense % and its interpretation
you are most welcome
In our market analysis are we meant to us all four ratios shown in the internal assessment booklet?? these are earnings per share, PE ratio, dividend per share and dividend yeild. You said that we only needed the dividend yeild and the earnings per share calculations. Is that all that we need to cover if aiming for excellence??
– graphs can be used for the other sections, not just market analysis – it is still possible to get an excellence without using graphs, but it really does make your stand out
– i would use all ratios where relevant as excellence requires a ‘comprehensive’ range of interpretations across all five sections
– i do not remember saying only 2 market analysis calculations are needed, although we only worked out 2 calculations in class
as per the pitu workbook:
– dividend per share was worked out as part of dividend yield: 0.085; although of more importance for your report is the dividend yield
– pe ratio is market price per share divided by earnings per share = 2.45 / 0.20 = 12.25:1
September 4, 2010@ 5:53 pm
I am having a few difficulties with the Analysis and interpretation internal.
-In finding a reason for trends in our Analysis measures from 2009 to 2010 do i have to find out what the reasons were or can i make them up?
-Do i look at Restaurant Brands as a whole or do i need to look at KFC, Pizza Hut and Starbucks seperately? I am only asking because the excellence exemplar talks about these three in great detail.
-When analysing profitability etc should i talk about the trends in comparison with other companies or only compare the measures with the previous year?
-I am unsure what to talk about in my profitability section etc as i am only stating the figures, comparing them with the previous year, considering a reason for this trend and stating whether the trend is favourable or not.
– when we use figures do we round them to the nearest whole cent or is it better to leave as is e.g. 13.67c for every dollar…
September 4, 2010@ 7:15 pm
1. you will need to provide reasons that actually occurred – e.g. reasons that caused sales to increase or decrease
2. if the changes are caused by a certain segment of restaurant brands, e.g. kfc, then you will need to address kfc as well
3. compare restaurant brands’ trends with other businesses if it supports a point you are trying to make regarding a specific analysis measure
4. use 2 dp for all calculations
great questions – i hope the above helps
September 5, 2010@ 6:44 pm
Thanks for the answers to my questions. They helped. I have a few more questions though.
-It may be too late but i have been using Fisher & Pakel and Rakon Industries to compare with Restaurant Brands analysis measures. I did so because they were the only NZ retail companies that i could find that had submitted their annual report for the 2009/2010 financial period. I now realise that i need to compare Restaurant Brands with other NZ companies in the same industry. Is it acceptable for me to use Fisher & Paykel and Rakon as a comparison considering that they are also NZ retailers of do i have to use other companies of the same industry??
-Also in the excellence exemplar the other companies used for comparison were not all NZ companies. They had stores in New Zealand but they were based overseas. If i can use these companies do i have to find the NZ annual reports or can i use the annual reports for the global company?
September 5, 2010@ 8:26 pm
…and some more
-you gave us 15 analysis measures to calculate. However, in the student assessment schedule it says that we need to include more calculations than the ones you gave us to get M or E. Is that correct?
-It also says that we need to include other financial or non financial information. Can we still get M or E if we do not? Does using other companies ratios and analysis measures count as other information? I am quite confused.
-In our bibliography do we inculude any material that you provided including the annual reports for Restaurant Brands??
September 5, 2010@ 9:48 pm
great questions
then i can give you a better answer
– its good to focus on the point you are trying to reinforce; therefore, comparisons with companies in the same industry would be more suitabl; if comparisons with companies in other industries reinforces your point then by all means use it
– can you tell me what page in the exemplar refers to an overseas company operating in nz?
September 5, 2010@ 10:17 pm
– I don’t remember giving out an assessment schedule, do you mean the student handout? If so, could you direct me as to where it states you need more calculations than what is stated to get M or E
– If it says you need to include other financial and non-financial information to get an M or E, then you would need to include them – a lot of this information can be found in the annual reports
– other companies’ analysis measures would count as financial information as they are financial in nature (e.g. percentages and ratios) and they are informational (useful) in nature for the purpose of your report
– Yup, include in the bibliography all materials you referred to
September 5, 2010@ 10:33 pm
Not the assessment schedule sorry but the student handout
for acheivement with excellence and merit it says — Other relevant analysis measures that relate to the annual report have been calculated/quoted and interpreted. Did you give us other relevant analysis measures?? or are they seperate?
Oh and thanks for the other answers
September 5, 2010@ 10:44 pm
its all good
– i did not give other relevant analysis measures as it really depends on the direction/approach each student takes with the report; if its relevant to the purpose of what you are reinforcing then by all means use it; an example i used is the expense %… you may decide its relevant to support your interpertation of the distribution costs % for example by using a more specific expense % and its interpretation
you are most welcome
September 5, 2010@ 10:54 pm
Ok great thanks!!!
September 6, 2010@ 9:29 pm
In our market analysis are we meant to us all four ratios shown in the internal assessment booklet?? these are earnings per share, PE ratio, dividend per share and dividend yeild. You said that we only needed the dividend yeild and the earnings per share calculations. Is that all that we need to cover if aiming for excellence??
September 6, 2010@ 9:32 pm
Oh and do we need to use any graphs for our market analysis??
September 7, 2010@ 6:17 am
– graphs can be used for the other sections, not just market analysis – it is still possible to get an excellence without using graphs, but it really does make your stand out
sorry for the late replay
September 7, 2010@ 6:38 am
– i would use all ratios where relevant as excellence requires a ‘comprehensive’ range of interpretations across all five sections
– i do not remember saying only 2 market analysis calculations are needed, although we only worked out 2 calculations in class
as per the pitu workbook:
– dividend per share was worked out as part of dividend yield: 0.085; although of more importance for your report is the dividend yield
– pe ratio is market price per share divided by earnings per share = 2.45 / 0.20 = 12.25:1
apologies for any confusion caused