Student’s Name Professor’s Name Course Date Introduction Australian Agricultural Company Limited (AACo) situated in Australia is a leading cattle and beef producer. The company majors in development of pastoral properties production and sell of beef as well as breeding and processing of cattle. The company is famous for grainfed beef and grassfed beef production. AACo owns a number of properties located in strategic places for easy operations. Among their assets include feedlots and farmland totaling to 7 million hectares which is around 1% of total Australian land. The company has four segments named Corporate Nothern Beef Grainfed and Grassfed. The Grassfed sell live cattle to home and international market. The Grainfed department sells finished meat to international and local markets while the Northern Beef segment sells cut meat to foreign market. On the other hand the corporate department focuses on management and governance of the firm. PART A Cattle Fair and more investment in supply chain. Additionally the company has majored in sell of cattle products as opposed to selling live cattle hence increase in profits. In fact eighty-five percent of its revenue was realized from cattle products. To realize more profits the company should focus on the large Asian market Europe the USA and the rest of the world. Additionally the company needs to offer the best products to its international clients to remain competitive build good rapport and conquer more markets. Lastly the company should focus on cattle products because it is more profitable as opposed to selling live products. Works Cited AACO. “Australian Agricultural Company Limited.” Financial Report 2017. 2017. King A. “New standards will shift debt to companies Australian Financial Review.” 2016. KPMG. “Impact of AASB16: The new leases standard.” KPMG Australia 2017. 2017. PwC. “How will the new leases standard affect retailers?” . 2016. [...]
Description This assignment requires you to answer 3 problem-based questions relating to Australian Agricultural Company. The Assignment Questions Download this Word document, Assignment 1 (Word), with the questions. Updated 10 July 2017 Answer the questions and then submit your completed assignment via the Submission Point below. Marks allocated to each part of the assignment: Part A - 9 marks Part B - 9 marks Part C - 12 marks The document includes the Rubric and Marking Guide The word limit for each question is 500 words. Resources Australian Agricultural Company's 2017 Financial Report Further Reading added 7 July 2017 Changes to lease standard AASB16 King, A. (2016) New standards will shift debt to companies, Australian Financial Review, 4 January 2016. PwC (2016) How will the new leases standard affect retailers? KPMG Australia (2017) Impact of AASB16: The new leases standard The questions are located on the attached document.