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7111AFE Accounting

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PURPOSE The purpose of this assignment is to provide hands-on experience to 7111AFE students on financial analysis using real-life data. It gives students the opportunity to demonstrate, through an extended exercise, their ability to apply their accounting knowledge and analytical skills to a real-world setting. It also provides an opportunity to develop students’interpersonal skills in a work environment....

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Question Preview:

PURPOSE The purpose of this assignment is to provide hands-on experience to 7111AFE students on financial analysis using real-life data. It gives students the opportunity to demonstrate, through an extended exercise, their ability to apply their accounting knowledge and analytical skills to a real-world setting. It also provides an opportunity to develop students’interpersonal skills in a work environment.

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Part A:

MotivationIt’s frequently alleged that apples must be related to apples as well as oranges must be related to oranges. In economic analysis, this means that corporations belonging to the similar industry must compare each other. As the two fit a similar business, it is reasonable to link the two corporations. Yes, both are similar because they have universities all over Australia indifferent domains. In other disputes, these companies have a similar kind of professional, but they work differently. Business limitations are the volume of business. Compare the only limitations of the two firms: Australasia Academics Group Limited. as well as Redhill education limited. is the opportunity of corporate. On the one side, the Academies Australasia Group is a fairly large business with more than 150 different rental disciplines, with approximately 10,000students enrolled each year. On another side, Redhill Education has 152 punishments, but there are also 3,000 student registrations each year. But in the analysis, most of them are processing ratios, so the range is not much different (Unwin, 2009).

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