Assessment 1:- Loan Submission
Borrower’s Details –
The borrower is Mr. Andrew Bisset an and Mrs. Jane Bisset.
Andrew Mark Bisset – DOB 29 / 07 /1965
Identity Proof DL # 2945758
Jane Elizabeth Bisset – DOB 15 / 06 / 1967
Identity Proof DL # 2786454
Adult Children – Three
Local Address: 12 Currumbin Close, Carindale QLD 4152
Background –
Andrew Bisset has been a real estate agent for 22 years in Brisbane South East area, the main area is the commercial as well as the industrial property names as Bisset’s Real Estate Pty Ltd which was taken over by the Mr. Hooper. Further, along with his wife Jane Bisset he owns around six shops at 55 Park Road, Belmont. On the more, Jane Bisset has worked as a manager in the agency.
Loan Purpose –
Mr. and Mrs. Bisset now wish to acquire 3,000m2 of land near their existing shopping centre which is expressed as Town Planning Scheme. It is a located at 423 Belmont Road, Belmont however, the area falls under the special purpose area. It is nessceary to understand that the purchase price of $ 600,000 of the land and the maximum period required to pay the is to be made within the period of sixty days or two months. The factor aims at hundred percent of the financing. The cost will further add the amount of the additional cost of $25,000 which being the stamp duty and the other expenses, and therefore, final loan finance of $ 625,000 will be done.
Facility Details –
The land is 3000 sq Meters and the place was earlier owned by government of the state and the Health and Dental Centre, however it soon became obsolete and was categorized under the special zone area by the government itself. But as per the local council agenda the purpose it is an commercial property as per the new agenda of Council Township in another one or two years. The land allows considerable passing traffic and occupies a two street frontage.
Funds Position –
- Financial position of Andre and Jane Bisset
| Assets | Amount $ | Liabilities | Amount $ |
| House at 12 Currumbin Close Carindale Queensland | 560,000 | Home loan from ABZ Bank | 190,000 |
| Share portfolio comprising of listed shares of Blues Chip | 345,000 | Credit Card of ABZ Bank having limit of $20,000 | 10,000 |
| Motor Vehicles | 60,000 | ||
| Furniture | 85,000 | ||
| Cash at Bank | 45,000 | ||
| Total | 1,095,000 | Total | 200,000 |
- Financial Position of Bisset Real Estate Pty Ltd
| Details | Amount $ |
| Gross Revenue | 346,000 |
| Net Profit | 72,000 |
| Depreciation | 14,000 |
| Directors Superannuation | 11,000 |
| Assets | Amount $ | Liabilities | Amount $ |
| Goodwill | 250,000 | ABZ Bank Overdraft with limit of $40,000 and also secured by their residential property | 25,000 |
| Plant and Equipment | 35,000 | ||
| Debtors | 30,000 | ||
| Total | 315,000 | Total | 25,000 |
- Financial; position of partnership of Andrew Bisset and Joseph Hooper
| Details | Amount $ |
| Gross Revenue | 422,000 |
| Net Profit | 84,000 |
| Depreciation | 16,000 |
| Directors Superannuation | 11,000 |
- Financial position of Bisset Family Trust
| Details | Amount $ |
| Gross Rental Income | 138,000 |
| Net Profit | 50,000 |
| Depreciation | 25,000 |
| Management Fees | 11,000 |
| Loan Interest | 52,000 |
| Shopping centre with 6 shops | 1,450,000 |
Servicing Capacity –
As on date the couple runs an shopping centre at the place Belmont that cost around $1,450,000 on fair value basis at an estimation of two years. On the more, the property has a mortgage with the bank which around $ 625,000. Further, it adds to a income which deals with the rental income of $ 96,000 which is earned through the five shops and the sixth shop rent which gives the Family Trust which earns about $ 42000. Adding on the previous financial year income through salary was about $ 78,000 plus income value of $55,000, with respect to Jane salary $ 43,000.
Security –
The most evident security against the mortgage loan is the Bisset Family Trust, and the 6 shops land value which are owned and runner by the Bisset Couple along with the rental income which is received by the couple.
Risk Assessment and Management
It is equally important to understand the risk associated with such loans financing which are listed as follows:-
- Interest Rate which aims at loan of the commercial levels to be seven percent and the bank overdrafts aims to be nine percent, they same may be difficult on account of the fixed and fluctuating purpose.
- Being on a special zone area problems may increase and may cause of problem where the town planning scheme may change in any manner and may lead to a level of unsurely . (Baumgartner, and Ebner, 2010).
- The market value of the shopping centre is another factor of the risk element which may fluctuate very easily and may create major problems.
Recommendations
As it is evident that the property is available for sale it is very wise able that the Bisset must immediately buys the same and use it for commercial purpose. Further, the loan must be taken on behalf of the shopping center.
Attachment list may include
- Financial Proofs
- Ownership Proofs
- Valuation Certificates
- Registration documents
- Loan Application
Assessment 2
Part A: Client
1) List of the questions can be listed as follows:-
For the analysis to provide better results it is evident that the following base questions must be asked.
- Name the parties taking loan?
- Details about their income and revenue?
- Reason to take the loan?
- Amount of loan to be taken?
- The financial institution from which the loan will be taken?
- Time period for which loan is taken?
- The repayment schedule and mode of repayment?
- Present position of loans in details?
- Success and failure rate of the loan repayment?
- Details of securities offered till date foe loan taken?
- Details of securities to be offered for the loan to be taken?
- Nature of collateral securities?
- Do the securities so offered for the loan include any mortgage on any existing loan?
- What is the credibility ratio of the parties as on date?
- Details about their financial statements and tax returns of the business and personal tax returns of the parties.
- Current position of the parties in terms with cash and liquidity position?
- Details about the Tax returns and the personal returns/
- The signing authority for entering into the contract or the loan agreement
(Briscoe and Rogan, 2015).
2) Proposal of documents as follows:
Parties to the loan
The borrower is Mr. Ray Henley and Mr. Steve Manning.
Mr. Ray Henley – MBA Graduate and works as a financial controller in the Transportation companies, he is Married and has no dependent Children or other dependents.
Mr. Steve Manning – MBA HR Graduate and works as a financial controller and the marketing manager in the Transportation companies, he is not Married and has no dependents.
Security
The Current business assets as well as the profits can be considered as an security for the loan.
Facility details
The maximum Limit of loan to be drawn is $ 500 K, primarily to buy dog trailers and Truck.
Lender’s details
It can be Financial Institution, Banka or any lender authority.
Confirmation of the complex requirements of client
Persons involved
Broker, Accountant (Finance Manager), applicants applied in the form and the financial institution.
Responsibilities of the client
- To pay loan on time
- To provide correct documents
- To sign documents correctly
- To ensure the purchase is done in legal liability
(Briscoe and Rogan, 2015).
Process timing and client arrangements
Processing Time – 1 month from the date all the documents and processing requirements are complete and dully accounted. All the client arrangements are accounted as per the details mentioned in the contract.
Documentation
All the documentation required to process loan and buy the assets will be listed here in details.
Signing authority for the contract to purchase
Jointly by Ray Henley and Steve Manning
Notes
The parties are referred as the commercial client or the he loan application to the lender
Part B: Lender
It is necessary to explain in detail the following bullets points and to understand the position of the borrower in front of the lender parties.
Borrower’s Details –
The borrower is Mr. Ray Henley and Mr. Steve Manning.
Mr. Ray Henley – MBA Graduate and works as a financial controller in the Transportation companies, he is Married and has no dependent Children or other dependents.
Mr. Steve Manning – MBA HR Graduate and works as a financial controller and the marketing manager in the Transportation companies, he is not Married and has no dependents.
Background –
Both the borrowers jointly own the transport business and activity manages its operations. The business carries an capital investment of about $ 500 Thousand. Further, this value is taken on loan through private investor which is paid $ 45000 per year for next five year along with a principal value payment as $ 100000 per annum.
Loan Purpose –
The main reason to acquire loan is to invest the funds for the business expansion and also support to increase revenue as well as purchase assets as well as buy business equipments including trucks and dog trailers within a period of 12 months.
Facility Details –
The maximum Limit of loan to be drawn is $ 500 K, primarily to buy dog trailers and Truck.
Funds Position –
Ray Henley – He has net income amounting to $100,000 which is paid to him as fully franked dividend. The details of assets and liabilities of Ray are as follows:
| Assets | Amount $ | Liabilities | Amount $ |
| Owner occupied property | 850,000 | Debt with interest of 7.2% per annum | 250,000 |
| Contents | 100,000 | Credit card limit 25,000 with interest rate of 3% | 15,000 |
| Motor vehicle | 40,000 | ||
| Superannuation | 550,000 | ||
| Total | 1,540,000 | Total | 265,000 |
Steve Manning – He has a net income of $100,000 which is also obtained by him as fully franked dividend. The details of assets and liabilities possessed by Steve are as follows:
| Assets | Amount $ | Liabilities | Amount $ |
| Owner occupied property | 550,000 | Debt with interest of 7.2% per annum | 350,000 |
| Contents | 85,000 | Credit card limit 10,000 with interest rate of 3% | 3,000 |
| Motor vehicle | 25,000 | 5 year debt on motor vehicle at the rate of 9% | 15,000 |
| Superannuation | 150,000 | ||
| Total | 810,000 | Total | 368,000 |
Financial position of business
Cash at bank – $25,000
Debtors- $220,000
Creditors – $100,000
Servicing Capacity –
Ray Henley Income Details –
Fully franked dividend $ 100000.
Debt Balance $ 350,000 with interest rate = 7.2 % which comes to around $ 25200.
Credit card debt = $ 3,000 with interest rate = 3% which comes to around $ 90.
Thus Net Income = $ 73360
Ray Henley Income Details –
Fully franked dividend $ 100000.
Debt Balance $ 250,000 with interest rate = 7.2 % which comes to around $ 18000.
Credit card debt = $15,000 with interest rate = 3% which comes to around $450.
Thus Net Income = $81,550
Income from Business – $ 368000 annual after taking into account all the income as well as the expense
Security –
The Current business assets as well as the profits can be considered as an security for the loan.
Risk Assessment and Management
In this case the risk broadly understood in four main categories Cash risk where the liquidity risk can be at stake. The other being, the debt risk which terms with fluctuating and increasing rate of interest which increases the burden of the rate. Third being the Credit risk in terms with the problem which arise while serving the risk period and paying the balances and lastly it may be in terms with the business risk where the whole exercise undertaken goes into vain (Griffith-Jones, and Rodriguez, eds., 2016).
Recommendations
The Security as an current business is a great decisions and must be followed, however, an regular check on the risk must be maintained to avoid any complications in future.
Attachment list may include
- Financial Proofs
- Ownership Proofs
- Valuation Certificates
- Registration documents
- Loan Application
- Purchases invoices of the assets to be purchased
Assessment 3
Question 1
In case of the complex lending requirements it is very nessceray that the information gathered and flittered must carry following features in itself. Primarily, the data collected must be first hand and primary source and must be absolutely correct, the other is that all the questions and answers must be properly and in detail must be asked from the client. The language used must be clear and crisp and without any error. It is necessary that if required soft skills and interpersonal relationship must be built. They other factor which must be kept in mind is that the parties must try to built an personal as well as an professional rapo with each other to ease the whole situation and to create peace and easy communicable options (Mikic, Novoselec, and Primorac, 2016). The other aspect is that it is equally necessary that the professionalism is maintained within the parties and the in case of the complex process as well trust, transparency, mutual agreement prevails so that the process becomes smooth and quick. The last and most crucial aspect is that the client must maintain regular and a continuous contact with the parties so that there is no confusion and the work is finished timely.
Question 2
The interaction with the clients must be documented and recorded as follows:-
1. Templates
To ensure that the documentation is done correctly it is necessary that the pre-printed templates are used to assure that the for recording in the desired manner.
2. Recording:
Each and every bit of information shared must be documented or written in manner so that things are easy and smooth.
3. Procedure for critical implementation:
To ensure that the working pattern is successful it is important that the basic and the critical information are gathered first and processed.
4. Collected data must be documented:
Proper set must be maintained for the information gathered so that at any time any data is required can be easily accessible and applied as well as processed.
5. Technology applied must be one which supports the recording information as well as helps in filtering the information at the same time.
6. Access of specialist templates and special software:
Where ever necessary use of the any secondary data must be applied so that the correct estimations can be established. At the same time is equally crucial that help of the specialist as well as the special software’s must be used.
7. Recommendations and loan structures:
Recommendation is a constant work feature which must be accommodated so that the brokers formulate detailed analysis of various loan structure and guidelines. Further, they must understand that the best options are well suited.
Question 3
In such cases there is an set format to research and also provide a complex manner of broking solution as per the client needs. The same is done in a manner where the Assessment of the complex features is done as per the client’s loan requirement and keeping in mid its background. The broker assure that the analysis of client condition and the opportunities and limitations are marked correctly. Loan structure must be researched which must be fixed as well as flexible. The other important aspect is that the financial issues must be covered on a larger basis. In case of any reference required the advisor must be properly accounted and accustomed. It is important that the loan structures must be established in a corrective creditworthiness manner. Compliances with the acts must be managed in a adhering and a relevant acts. The other aspect is that the client objective and his assessment must be done rightfully. The last but the most important the information of the client must be shared in correct ful and justifiable manner the same can be oral as well as written.
Question 4
Risk evaluation is a very crucial and a important process as it will assure that the risk management and the risk processing is done in a resourceful and a the risk management plan is properly laid. It is critical to understand that the assessment tools and the communication must be done in a proper risk assessment schedule which provides the controlling pattern as well as the checking system. The risk analysis template labels the segment where the issues like high adverse concerns as well as the probable risk factors as well as the stakeholders identification and their high level alert is processed and accounted as the governmental and financial regulations.
Question 5
The loan options to the client and analysis option to the client must be processed and managed in a rightful manner. The loan options must have a structures and must led to provide an process which may provide the segments of the analysis in terms with the pros and cons with terms of the fixed obligation as well as the fluctuating basis. In terms with the cash flow analysis must be done in of a transparent and a clear manner. Further, the commission charges as well as the percentage must be pre defined at a manner of 2 percent and the 5 percent. In terms with the legislation and the repayment analysis the proper advisory as well as the financial planners, values will be established. The other aspect is that the research and documentation and the written and the oral analysis and the resolution must be done in a process which will lead to an taxation benefit and process where the deduction as well as any relaxation is done in a expert advisor manner.
Question 6
In case of the loan option for the client assessment the lender must be processed in a manner where the following element s are checked. The documents must be researched and documented in a manner where the research documents and the materials and the alternative recommendations as well as the regulatory limits are assisted and developed in a professional and a legislative manner where all the requirements and the recommendation are correctly defined and processed in terms with the compliances clauses as well as the publication guidelines and the customer must be listed as an satisfied manner and the elements must be managed in economic manner. The deals with the proposal where the win win condition is processed in a right corrective manner.
Assessment 4: Servicing and Research Assessment
Question 1
Part A : Ratio Analysis of the Whole Butchers Pty Ltd
The analysis is explained as below:-
In case of the ratio computed the analysis can be explained as follows:-
- Current Ratio – The company shows a promising return value as the current ratio in both the circumstances is more than one which being the ideal situation of the industry standards which means it is an low risk .
- Quick Ratio – The acid ratio though being less than one has shown an improvement as compared to the past year and therefore considered to be less risky than above meaning that it is an low risk .
- Return on equity – This ratio is showing an downward trend which explains in a clear manner that the risk pertains to the return on equity which means it is an medium risk.
- Return on assets – The risk is definitely low as the ratio on return has definitely increased an doing better than last year which means it is an low risk.
- Debt to equity ratio – The risk is definitely low as the ratio has reduced than last year as well as low as compared to industry standards which means it is an low risk.
- Debt to Assets Ratio – The risk is definitely low as the ratio has reduced than last year as well as low as compared to industry standards which means it is an low risk.
- Interest Cover Ratio – It has increased as compared to last year which shows that there is an improvement as compared to the last year which means it is an low risk.
- Debt Servicing Cover Ratio – As the ratio is decreased it definitely shows high risk.
Part B Serviceability analysis of Wholesale Butchers Pty Ltd
| Funds Required | |
| Purchase Amount | $600,000 |
| Refinance Amount | $0 |
| Stamp Duty – Transfer of Land | $22,432 |
| Titles Office – Mortgage Registration | $143 |
| Titles Office – Mortgage Discharge | $0 |
| Titles Office – Transfer of Land | $143 |
| Establishment Fee | $395 |
| Legal Costs | $6,000 |
| Discharge Cost | $0 |
| Lenders Mortgage Insurance | $0 |
| Other/Sundries | $3,500 |
| Sub Total Funds Required | $632,613 |
Part C Serviceability Analysis Comments
The analysis is done on the debt ratio which clearly shows that the organization has an better debt service potential as the repayment of the loans as well as the interest payments are regular (Porter, L., 2016). As well as the interest coverage ratio is also well balanced and therefore, the company is doing well in terms with the serviceability.
Question 2
In case of trust
| Name of the Trust | Definition | Responsibility of Trustee | Example |
| Unit Trust | It involves collective investment. It gives profits on behalf of the the investment done. | Concern is the property | Investments done in properties, securities. |
| Discretionary Trust | Beneficiaries are managed by trustee. No fixed entitlement in the trust. | Responsibility is to distribute profits | Protect the rights and interest of the trust. |
| Hybrid Trust | Right and interest in the trust are decided by the trustee of the trust. | Managing the Property and Distributing the income. | Joint ownership of people. |
| Discretionary Family trust | Hold the assets of family and there is no beneficiaries’ interest. | Managing the Property and Distributing the assets. | Safeguard the family assets. |
| Trustee | The person who manages and takes all the obligation and the responsibility to manage the trust affairs. |
In case of Company
- Legal Requirements – Incorporated under the clauses stated in the Registrar of Companies of Australia and various other taxation and statutory authorities.
- Personal obligations of directors by law – Maintain confidentiality, act on behalf of the interest of the company. Must act under due diligence.
- Eligibility for the director of a company – Must be 18 Years and more and must be mentally capable.
- Minimum number of directors – In case of public company minimum number is Three out of which two must be independent , in case of private the minimum is one which must be independent.
Question 3
1.Balance Sheet – Explains the assets, liabilities and equity of the organization
2.Profit and loss Statement – Explains the the incomes and expenses and the profit and loss position of the business.
3.Depreciation– Computes the the wear and tear of the machinery .
4.Liquidity ratio – Explains the liquidity position ratio in terms of cash and cash equivalents.
5.Current Ratio – This is the ratio which helps in understanding how current assets set off the current liabilities of the business.
6.Debt to Equity ratio – This is the ratio of the total debts of the company to the total equity of the company (Sutherland, A., 2016).
7.Cash flow Statement – Detail explanation of inflow and out flow as well source and utilization of the activities undertaken in cash.
8.Asset – Detail of property or equipment
9.Liability – Detail of the debt or obligation incurred by the company.
10.Determination of net profit – Income Less Expense
11.Equity – Ownership Capital invested in the business.
12.Allowable expenses under Australian taxation – The expense which help in reduction in profits and tax computed.
Question 4
- Commercial Bank Bill – Used by the organization to raise money on both long term as well as short term basis through bank.
2. Invoice and financing factor – Helps in gaining short term capital for the business.
3.Chattel Mortgage– It is the type of loan arrangement in which a movable property is used as the mortgage property.
4.Asset Finance Product – The financing is done in lieu of the assets owned by the organization.
Question 5
Question 6
It is essential to understand that the business risks are the massive threats for each and every business as they cause damage on both short term as well as the long term basis which may definitely hamper the growth as well as the sustainability factors of a business. Henceforth, to save the organization from becoming dead and obsolete or inoperative. The control risks and internal checks an the various measures come into action so that the risk is controlled and managed in a corrective action. (Mason, 2014). Further, a proper bifurcation is needed mainly because of the following reasons:
It Explains the current stage of the operations of the business in basic four levels of the life cycle of the business viz. Introduction, growth, maturity and decline. It Explains in determining social as well as the demographic trends analysis of the company in terms with the cost structure. Further, defines the factors like political, economic, social, technological, ecological and legal. Helps the business organization to define in a effective purchases position as well as the vendor negotiations. Explains the threats for the new entrants into the market as well as for the competitors. Thus, by defining them in the proper format the analysis of the same can be justifiable and helps in defend the current as well as the future position of the company.
Assessment 5 : Sustainability planning Assessment
This process helps in explaining the sustainability planning format and how the process is formulated so that the policies along with the strategies of the operation of the business is within and in accordance of the business activities. It is necessary to understand that the sustainability impacts the many factors external as well as internal however, the major impact is made on the environmental factor, social factors, financial factors along with economical factors of the respective business (Galena, 2017). Further, it supports the operations of the business organisati0on in of the coordination of various business strategies on a long term as well as the short term duration. The surroundings are achieved on the basis of the business aims and objectives which are formulated for both internal management and external achievement.
In this case the organization is primarily based as an manufacturing organization which is mainly engaged with the production of the clothes as well as the readymade garments. The scope of business extends to all the variety which being the kids wear, mens wear as well as the womens wear. The main reason as to why the organization wants to maintain such an report is that the sustainability policy must be dealt with an effect of the political situation, social situation along with the environmental situation and how these main factors effect on a monetary as well as on the non monetary position the performance and the results of the business operations in current year as well as in future years to come. None the less it effects the growth achievement parameters along with the sustainability position.
To explain the importance of the sustainability policy the business operations are explained the business in a point system as follows:-
- The Scope of the sustainability policy is explained as follows:-
The policy must include factors like the legal factors, political factors, factors concerning the social meters, factors of the environmental level and the factors of economic meters (Schaltegger & Wagner, 2017). On the more, it exceeds to the level of the sustainability analysis of the business diversification and the evaluation of the market segments of the organization. Further, the policy will cover legal aspects and all the legislative and regulatory analysis.
– The Organisation’s commitment to policy is explained as follows:-
This factor explains that the policy of the business will be signed, approved and checked approved as well as evaluated by the business managers and shareholders of the company. Further, such policy must be published in the annual report and must carry a proper format of the code of conduct and the implementation analysis. Further, the policy is made for the shareholders, investors as well as the employee of the enterprise. (Beckmann, et.al, 2014).
– The Strategies and the polices is explained as follows:-
The business risk must be managed in right manner so that the base of the business as well as the geographical along with the demographic market is correctly maintained. so as to avoid the business risk (Baumgartner & Ebner, 2010). It must be accounted that the proper checks with the suppliers must be maintained to avoid business losses and other unforessen losses. Budgets and the cost volume must be prepared in a right and a effective manner so that the cost is managed in a right direction. Along with the factor that the internal control mechanism and the errors as well as the fraud is managed in a right manner.
– The Methods of implementation, outcomes and performance indicators is explained as follows:-
To understand that the implementation of the policy is done within the business functions and within the business operations, policy making must be aligned within the process maps which supports the business strategic plans as well as the effective control mechanism. On the more, the same must be developed under a proper budget working system and must include a system where the measuring of the achievement as well as the outcomes is done under the policy of sustainability. Further, the benchmarks as well as the key performance indicators are considered to assure that the performance and growth of the business operations is showing improvement.
– The Consultation with stakeholders is explained as follows:-
The report must be maintained as well as developed in a basis of the lower level management as well as the supervisors and the consultations of the experts and the employees of the base level. Further, the policy will be achieved in case when the higher level management along with the shareholders of the organization will fill the form on the final implementation basis.
- The Information for planning and developing the policy is explained as follows:-
In case of such factor the planning as well as development policy for the information will be appropriately collected and processed by the organization in a set standard format. The same includes the various other sources which may include the primary sources as well as the secondary sources factors. Further, the data as well as the information is accounted in a manner which promotes policies which enables the market analysis and then brings along the trends analysis and at the same time provides factor of the competitor analysis. Moreover, it collects all the information about the financial data , accounting data of the business operations. The report collects data in connection with the legislations details as well as the government policies. None the less, the factors explain the environmental process. It explains the governmental authorities and the statistical bodies and how they support the organization and business operations.
- The Promotion of workplace sustainability policy with expected outcome is explained as follows:-
To assure that the promotion is obtained by the employees in the given workplace the sustainability policy must be made under the employee code of conduct manual. This is will help in framing correct and proper job roles, job position as well as the various functions to be performed by the employees.
Thereby, the planning of the policy which develops the sustainability parameters of the business of the organization must be done in a diligent and a standard manner. It must be concluded and formulated in an effective process and the implementation must be done in a manageable manner so that the goals and aims can be achieved without any losses and failures. The aims stated in such a report as made to assure that the objectives of sustainable growth and development for long-term (Schaltegger, and Wagner, eds., 2017). It is recommended that the organization must every financial year along with the annual report and other financial reposts make such report so that a constant check is kept on such policy and is within the accordance of the proper planning as well as analysis working.
References
- Baumgartner, R.J. and Ebner, D., 2010. Corporate sustainability strategies: sustainability profiles and maturity levels. Sustainable Development, 18(2), pp.76-89.
- Beckmann, M., Hielscher, S. and Pies, I., 2014. Commitment strategies for sustainability: how business firms can transform trade?offs intowin–winoutcomes. Business Strategy and the Environment, 23(1), pp.18-37.
- Briscoe, F. and Rogan, M., 2015. Coordinating complex work: knowledge networks, partner departures, and client relationship performance in a law firm. Management Science, 62(8), pp.2392-2411.
- Galea, C. ed., 2017. Teaching business sustainability: From theory to practice. Routledge.
- Griffith-Jones, S. and Rodriguez, E. eds., 2016. Cross-conditionality banking regulation and Third-World debt.
- Mason, K., 2014. Risky (Agri?) Business: Risk Assessment, Analysis and Management as Bio?political Strategies. Sociologiaruralis, 54(3), pp.382-397.
- Mikic, M.,Novoselec, T. and Primorac, D., 2016. Influence of financing source on the small business performance. International Journal of Economic Perspectives, 10(2), pp.62-72.
- Porter, L., 2016. System for online lending services via an application service provider network. U.S. Patent Application 15/075,914.
- Schaltegger, S. and Wagner, M. eds., 2017. Managing the business case for sustainability: The integration of social, environmental and economic performance. Routledge.
- Sutherland, A., 2016. The economic consequences of borrower information sharing: Relationship dynamics and investment.
Team,
I have read the very first and second assignments and nothing has changed and are incorrect.
As a point of reference in the overview of assignment 1 it clearly states the following “The samples in Appendix a) and b) will prove helpful” – the expert has not adhered to the samples in appendix a or b to respond. We are after specific calculations not just telling a story of what you think… we need facts and formulas as per the appendixes( It has been taken care that is why answer in a point wise format).
For example: point 6 of assignment 1 – appendix 4b states
“Servicing Capacity: As a minimum, need to complete and understand a cash flow assessment of servicingbased on financial information supplied and be able to calculate and comment on Debt Service Cover Ratio”.
The ‘experts’ response below – talks nothing about the fundamental cashflow assessment nor calculates or comments on the debt service cover ratio…. The answer is not answered(please check the calculation is provided).
Student comment : Where is the debt to cover ratio percentage ??? all you comment about is income….. Check pg 23
Servicing Capacity –
As on date the couple runs an shopping centre at the place Belmont that cost around $1,450,000 on fair value basis at an estimation of two years. On the more, the property has a mortgage with the bank which around $ 625,000. Further, it adds to a income which deals with the rental income of $ 96,000 which is earned through the five shops and the sixth shop rent which gives the Family Trust which earns about $ 42000. Adding on the previous financial year income through salary was about $ 78,000 plus income value of $55,000, with respect to Jane salary $ 43,000.
Example point (5) funds position.
Appendix 4b states “Funds position: Should include a calculation of requirements including purchase price and costs (e.g. lender,government and professional fees) to ensure that borrowings and equity are sufficient to complete thetransaction.
This is really simple to calculate and I have provided the correct answer below that I did in less than a minute.
( If you check the assignment has given a set format of calculation and the same is computed)
Student comment: I don’t see any of what I have sated below mentioned in your answer. Further I have given you the exact format required. You have responded with the exact same answer as before, which is their assets and liabilities… the question does not ask for their statement of position…….
Check the format provided by the professor on page 30 , 31, 29.
| Funds Required | |
| Purchase Amount | $600,000 |
| Refinance Amount | $0 |
| Stamp Duty – Transfer of Land | $22,432 |
| Titles Office – Mortgage Registration | $143 |
| Titles Office – Mortgage Discharge | $0 |
| Titles Office – Transfer of Land | $143 |
| Establishment Fee | $395 |
| Legal Costs | $6,000 |
| Discharge Cost | $0 |
| Lenders Mortgage Insurance | $0 |
| Other/Sundries | $3,500 |
| Sub Total Funds Required | $632,613 |
Your expert simple cut and pasted the statement of position for the individuals, trust, and business…. This is not correct again.
I will urge the expert to always reference the relevant appendixes and follow the clear instructions on the assignments. There is always a mention of what to reference to guide your answers…
I can go on for ever the entire assignment is incorrect and the instructions have not been followed. The worst thing is the sustainability report. I quote from the experts assignment (6) “In this case the organization is primarily based as an manufacturing organization which”
I would like to highlight that I am a financial broking business as the diploma states diploma in financial broking….. Why he did a sustainability report on a retail manufacturer, beats me…. You could not be further from what we are trying to achieve.
Student comment this answer has not been revised whatsoever…..
There a grammar issues, questions that have not been answered at all i.e assignment 4 part A – it clearly states the following Then in the Risk Rating column please state whether the risk ratingwould be LOW, MODERATE or HIGH, for each of the ratios. The expert again fails to provide a grading to each ratio rather chooses to explain his way around it as he does not understand. ( It is added Now) – it is added
Student response: the questions asks for a risk grading of low, medium, or high. Your answers do not provide this… examples below
- Quick Ratio – The acid ratio though being less than one has shown an improvement as compared to the past year and therefore considered to be less risky than above.
- Return on equity – This ratio is showing an downward trend which explains in a clear manner that the risk pertains to the return on equity.
- there is an improvement as compared to the last year.
So on the above what is the risk grading??????
Expert responseQuick Ratio – The acid ratio though being less than one has shown an improvement as compared to the past year and therefore considered to be less risky than above…. “so is the risk low, medium, or high?” the questions request a grading not your opinion only….
And the list goes on and on……
I request for this assignment to be rework in its entirely and all instructions followed by the letter. If the expert cannot and does not understand how to answer the questions then please give it to someone that understand finance. I can advise that this person does not know anything about finance because these are simple submissions and assignments.
Failure to meet and follow the clear instructions, means that you are not providing the service that I have paid for.
I look forward to hearing from you soon
