Mining and Manufacturing Industry Assignment PDF

Running head: INCOME AND PROFITABILITY IN MINING AND MANUFACTURING
INDUSTRY 1
SUBJECT: Professional Project
TOPIC: Relationship between the total Income and Profitability in Mining and Manufacturing
Industry
CODE:
STUDENT NAME:
STUDENT NUMBER:
ASSESSMENT:
CAMPUS:

INCOME AND PROFITABILITY IN MINING AND MANUFACTURING INDUSTRY 2
Table of Contents
CHAPTER ONE.............................................................................................................................3
INTRODUCTION......................................................................................................................3
1.1 Introduction..........................................................................................................................3
1.2 Background of the study......................................................................................................5
1.3 Aim of the research..............................................................................................................5
1.4 Objectives..............................................................................................................................5
1.4.1 Research questions..........................................................................................................6
CHAPTER TWO.............................................................................................................................6
LITERATURE REVIEW..........................................................................................................6
ODOLOGY.................................................................................................................................9
3.0 Introduction..........................................................................................................................9
3.1 Data collection....................................................................................................................10
3.2 Data Analysis......................................................................................................................10
CHAPTER FOUR.........................................................................................................................11
FINDINGS................................................................................................................................11
4.1 Income and profitability relationship..............................................................................11
4.2 The performance of the industries regarding income and profitability has been
characterized by a lot of industries........................................................................................13
4.2.1 Mining industry...............................................................................................................13
CHAPTER FIVE..........................................................................................................................14
DISCUSSION AND CONCLUSION.....................................................................................14
Limitations of the study...........................................................................................................15
Conclusions...............................................................................................................................15
References.....................................................................................................................................16
APPENDIXES..............................................................................................................................18
Appendix one: a diagram showing starting cost base breakdown.....................................19

INCOME AND PROFITABILITY IN MINING AND MANUFACTURING INDUSTRY 3
Appendix three: a diagram showing The trend of performance among the mining and
manufacturing industries........................................................................................................19
Appendix four: The graph below shows the performance of the mining industries regarding
pricing........................................................................................................................................20

INCOME AND PROFITABILITY IN MINING AND MANUFACTURING INDUSTRY 4
CHAPTER ONE
INTRODUCTION
1.1 Introduction
The main aim of this research was to explore the relationship between the total income
and profitability in the mining and manufacturing industry. The research also looked into the
trend of both the income and profitability within the recent years. That is from 2006 and the
successive years. The study mainly looks at the performance of the industries with respect to
mining and manufacturing industry. Mining and manufacturing being an economic activity, it is
one of the contributors to the economy of the Australia. The research ask a number of questions
concerning the total income and profitability within the economics of the country. One of the
questions asked was whether the mining affects the economic and profitability from one
manufacturing industry to another. It was observed that the sectors; that is both the mining and
the manufacturing have recorded a tremendous changes within the economic growth of the
Australia. The research is trying to look into details the reasons behind all these.
The secondary data from the statistical government sources tried to look at the causes of
the following changes. The study from the secondary sources will start from the year 2006 and
will entails the reasons behind the tremendous changes observed within the two sectors of the
economic growth. All the total income and the operating profits will be analyzed before the
taxation is done. As mentioned above mining and manufacturing become key pillars in the
economic development and the stability of the Australian government. There are different
minerals being mined Australia. A number of these has opened up the market system in Australia
and this has contributed a lot to the economic growth Australia. The data will be collected from

INCOME AND PROFITABILITY IN MINING AND MANUFACTURING INDUSTRY 5
the Australia Bureau of Statistics website which contain the information for both the industries
since 2006 up to the current year.
The research has both the independent and dependent variables as part of the elements in
the research. The total income is used as the independent variable for the study while income
profit before tax is the dependent variable of the research. For this case the profit before tax is
the result of the total income of production for this study. The interrelation between the total
income and the profit before tax will be determined by the use of the procedural statistical
procedure. Proper analysis will be done with the help of the available resources for the
qualitative study. The regression and the correlation are among the methods that will be used to
study the relationship between the independent and dependent variables of the study. This study
being very significant for the growth of the Australian government interns of economic study,
the proper background of the study is very essential and its conceptual framework. Through the
study of the conceptual framework and the background study, the research would explore more
of the related information and other useful information which would be essential.
The study of the literature and the existing sources of information will be of use to the
research to close and analyses the gap of the study. Mining and manufacturing are considered
again as an economic pillar to its citizen. The sectors employ some people either through direct
or indirect employment. The research will analyze the trend of the economic growth from the
individual industries. The study will analyze the companies that have had the upward and the
ones that have had the downward growth. The study will be based on the two sectors that are the
mining and the manufacturing sectors. The study was beneficial with some recommendations
from the findings. The performance of different industries from 2006 is a clear indication that
both the mining and manufacturing sectors are used for the economic growth.

INCOME AND PROFITABILITY IN MINING AND MANUFACTURING INDUSTRY 6
1.2 Background of the study.
Mining and manufacturing are the key players in the economic development of a given
nation such as Australia. The researcher is a student who takes accounting as a course of study in
the University. The main aim of his explore the relationship between the income and the
profitability from both the mining and manufacturing industries within the Australia.The
research was based on the individual industries and their performance regarding the income and
profitability. With the deeper regression and correlation analysis, the trend and performance of
the individual industries was investigated. Through the study, the Australian government was
able to gauge itself on the side of its economic growth from the sector of mining and
manufacturing. The study was also motivated by the fact that mining and manufacturing become
the key players in the sector of the employment demand. This has created the real living among
the individuals.
1.3 Aim of the research
The main aim of the research was to find the relationship between the total income and
the profitability of the industries from both the mining and manufacturing sectors. The detailed
analysis of the findings was able to help the researcher achieved the aim of the research. The
research was also looking at which industry regarding profitability has been going up or doing
for the last years five recent years. This was to be done regarding the economic and profit growth
of the industries.