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Sample Assignment on Accounting PDF

   

Added on  2021-05-31

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RUNNING HEAD: ACCOUNTING ACCOUNTING
Sample Assignment on Accounting PDF_1
ACCOUNTING1Table of Contents13...........................................................................................................................................................2REFERENCES..................................................................................................................................6
Sample Assignment on Accounting PDF_2
ACCOUNTING213. OverviewWesfarmers group is a publicly listed based Australian company dealing in diverse businesses. These cover Liquor, hotels, office supplies, home improvement, supermarkets, department stores and more. In 2017 financial year approximately 515000 were the stockholders and 223000 were the employees (Wesfarmers, 2017). The report mainly includes the Wesfarmers financial position in 2017 comparing with 2016 financial year which consists all ordinary and extraordinary items. Wesfarmers GroupParticulars20172016$M$MProfit after tax2873.0407.0This above table shows that profit after tax of Wesfarmers Group showing an increment of $ 2466 million (that is 605% above) in 2017 financial year as compared to 2016 reporting year.This income of company is consisted with all the ordinary and exceptional items. Further the company has also reported revenue amounting $68444 million in 2017 year in comparison to 2016 which was $ 65981 million. There is an increment of $ 2463 million in 2017 with that of the previous financial year (2016). The primary objective of the concern is to provide desired yields to the investors by engendering strong cash flows. Wesfarmers has gained below highlighted points in financial year 2017. These are:In year 2017, The net debt has decreased to $ 4809 million from $ 7103 million in 2016 which means balance sheet have been strengthen by 32.29% in 2017.
Sample Assignment on Accounting PDF_3

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