Dalhousie Entrepreneurship As The Structuration Of Individual And Opportunity Research Paper I have a assignment and hope some one can help me with this, i
Dalhousie Entrepreneurship As The Structuration Of Individual And Opportunity Research Paper I have a assignment and hope some one can help me with this, it involves calculating and short essay. Assessment Cover Sheet
Programme Code: (e.g. DT401)
Year: e.g 1
Module Code:
Entr9000
Module Name:
Managerial Finance and Entrepreneurship
Assessment Title:
Final Assessment
Student Name:
Student Number:
Lecturer Name:
Donncha O Donoghue / Norah Cussen
Assessment Due Date:
15/5/2020
Word Count:
3500 max
Notes: (any
relevant
comments by student regarding
the submission)
Plagiarism Declaration
I hereby certify that this material, which I now submit for assessment as a continuous
assessment / project is entirely my own work and has not been submitted in whole or in part
for assessment for any academic purpose other than in fulfilment for that stated above.
I am fully aware of the consequences of plagiarising assessment work.
Signature:
Assignment Brief
PLEASE NOTE: Students must attempt to answer both Questions 1 & 2
Question 1 – possible 200 Marks
Question 2 possible 200 Marks
Students are required to attempt both questions detailed below. All submissions should be word
processed and submitted via the guidelines. All sources used in preparation should be referenced.
This is an individual assessment and submission should be students own work.
Submission Guidelines
Students should return work by the 15th of May 2020 @5pm
Submission should be emailed to both:
donncha.odonoghue@tudublin.ie
norah.cussen@tudublin.ie
Students must use the following structure for subject of email submission
Email Subject: Programme Code – ENTR9000
QUESTION 1 (200 marks)
a) Discuss the factors that must be taken into account when providing a context for analysing the financial
performance of a business.
(15 marks)
b) The following are extracts from the 2019 published financial statements of City-Hotels
Group Plc., an international hotel and leisure company.
City-Hotel Group Plc.
Consolidated Income Statement for year ended 31 December
2019
2019
2018
’000
’000
Revenue
112,200
93,400
Cost of sales
(51,300)
(44,700)
Gross profit
Selling and administrative
expenses
60,900
48,700
(25,400)
(21,500)
Depreciation and amortisation
(6,400)
(5,600)
Operating profit
29,100
21,600
Loan interest
(8,400)
(5,400)
Profit before tax
20,700
16,200
Corporation tax
Profit for the
year
(2,500)
(1,800)
18,200
14,400
Dividends paid
(7,600)
(5,400)
City-Hotels Group Plc.
Consolidated Balance Sheet at 31 December
2019
2019
2018
’000
’000
301,300
240,600
17,500
10,400
318,800
251,000
Inventories
2,900
2,400
Accounts receivable
5,600
4,900
Prepayments
4,400
4,100
Cash and Bank
9,800
7,800
22,700
19,200
341,500
270,200
ASSETS
Non-current
assets
Property, plant & equipment (net book value)
Intangible assets
Current assets
Total assets
EQUITY
Issued share capital (note 1)
7,200
6,500
Share premium
39,100
17,700
Revaluation reserve
84,500
84,500
2,600
2,200
Other reserves
Retained earnings
47,500
36,900
180,900
147,800
130,900
96,700
Trade payables
5,700
4,400
Accrued expenses
9,200
8,900
LIABILITIES
Non-current liabilities
Loans and borrowings
Current
liabilities
Bank overdrafts
2,700
2,600
10,700
8,700
1,400
1,100
29,700
25,700
Total Liabilities
160,600
122,400
Total equity and liabilities
341,500
270,200
Short term loans and borrowings
Corporation tax liabilities
Additional Information, note 1:
Nominal (par) value per share in cent
25
c
25
c
Market price / share, year-end, cents
930
c
750
c
Required:
(a) Calculate, for each year, 18 ratios under the headings of profitability, Use of assets,
capital structure, liquidity and investment
(60 marks)
(b)
(c)
(d)
(b) Based on (a), comment on the company’s performance and position over the two years
(70 marks)
(c) Apply the Taffler & Tisshaw model of business failure prediction and calculate a z-score
for the business for both 2019 and 2018
(20 marks)
(d) Comment on your answers to (c)
(10 marks)
(e) Accounting statements are often accused of presenting a limited picture of a business.
In the context of this statement discuss the limitations of ratio analysis.
(25 marks)
QUESTION 2 (200 Marks):
The relevant literature debates how the entrepreneurial process occurs. Shanes (2003)
Individual Opportunity Nexus suggests a model to illustrate the entrepreneurial journey.
Discuss this model in detail and include a minimum of 15 references. This discussion
should include a debate with alternative perspectives on the entrepreneurial process.
Criteria
Housekeeping
Introduction
Detailed discussion of Individual
Opportunity Nexus
Quality of supporting sources applied in
the discussion
Quality of discussion and debate of the
literature
Conclusions from the review of the
literature
Total
Possible Marks
10
10
60
30
50
40
200
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