You are expected to prepare three separate reports in accordance with the below general background and
requirements:
The management team of Solar-X, a UK manufacturer of solar panels, is considering entering the automotive
industry to produce cars. As a member of the finance department in Solar-X, you have been asked to conduct
some preliminary research and analysis on this project. Your manager has specifically set three tasks for you.
Task 1 (20%): Find a company in the automotive industry and analyse its recent financial performance
(focusing on the profitability and efficiency). Your report should be less than 500 words.
• You are expected to find an appropriate real-world company by yourself (e.g. Rolls-Royce Holding PLC, Aston
Martin Lagonda Global Holdings PLC, etc). Collect past three years annual reports of your chosen company
and conduct your financial ratio analysis.
• Choose at least two ratios which reflect the company’s profitability and at least one ratio which reflects
efficiency. You are expected to discuss the purpose and the meaning of your chosen ratios. Illustrate each ratio
over the past three years with numerical calculations.
• Discuss two limitations in financial ratios analysis. Illustrate how and why these limitations would affect the
quality of financial ratios analysis.
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Task 2 (50%): Conduct a project evaluation to assess whether this new entering to the automotive industry project is
worth going ahead or not. Your report should be less than 1200 words.
• You are expected to apply appropriate approaches to conduct an investment feasibility study and produce an
evaluation report. Different investment appraisal approaches (at least two) should be chosen and discussed.
• Illustrations with numerical calculations based on your own estimated data are required. You need to set up
your own estimations on the project related elements/factors (e.g. project length, project size, potential revenues,
relevant costs, financing channels, tax rates, estimated cost of capital, etc.).
• You need to show and explain in detail all the steps for your numerical calculations.
• Detailed discussions on how relevant elements/factors would potentially affect the evaluation results should be
included.
Task 3 (30%): Discuss whether capital markets are efficient or not and how a public announcement of this new project
would affect the market value of Solar-X. Your report should be less than 800 words.
• You are expected to discuss the Efficient Market Hypothesis (EMH) and link the theory with the practical
exercise.
• Your arguments should be supported by empirical evidence (i.e., cite relevant academic papers).
• Consistent referencing style should be used (e.g., Harvard referencing style).
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Presentation Guidance
Make your report neat, concise and clear. Avoid long and complicated sentences. Your tables (if apply)
should look nice and easy to understand. A good report will be one that has been able to sift through the
vast amount of information and present only what is necessary and important.
Word Count
The maximum word allowance has been set for each of the three reports. This includes everything (main
text, tables, calculations details, headings, appendices, and etc). The word count does not include
information on a cover page (such as title, student number and bibliography) and also does not include the
reference list if applies. You must provide the word count for each of the three reports on the cover page of
your coursework. There will be 10% reduction in mark for every 100 words above the maximum word limits.
Coursework Submission
Your final coursework must be submitted via one PDF(.pdf) document on Blackboard before the date and
time stated above. If you have any queries when submitting your work, please contact the Accounting and
Finance Postgraduate Student Administration Office (acfi-pgt@bristol.ac.uk)
Coursework Extension Request
If you require a coursework extension, please complete the online form. You must provide supporting
evidence for an extension request. Please see the University website for information on how to submit an
extension request.
Late submission of coursework
You must submit assessed work before the deadline. Work that has been submitted late without
extenuating circumstances is penalised by a reduction of ten marks (out of 100) for each working day, or
part thereof, that the work is submitted after the agreed deadline. A mark of zero is applied to work
submitted five or more working days after the agreed deadline if this threshold is not already reached.
(Please see section 17 of the University Regulations and Code of Practice for further details)
Extenuating Circumstances
If you experience circumstances that may impact your ability to submit the essay by the deadline, please
submit extenuating circumstances via the online form. Please see the University website for information on
how to submit extenuating circumstances.
Plagiarism and Cheating
The University rules and guidance about plagiarism and cheating, and how they are dealt with by the
university in the regulations.
Marking Criteria and Scales
The University rules and guidance about Marking Criteria and Scales via this link.
EFIMM0115_Financial_Management_Coursework_Brief(1)
APA
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The post The management team of Solar-X, a UK manufacturer of solar panels, is considering entering the automotive industry to produce cars. As a member of the finance department in Solar-X, you have been asked to conduct some preliminary research and analysis on this project. Your manager has specifically set three tasks for you. Task 1 (20%): Find a company in the automotive industry and analyse its recent financial performance (focusing on the profitability and efficiency). Your report should be less than 500 words. • You are expected to find an appropriate real-world company by yourself (e.g. Rolls-Royce Holding PLC, Aston Martin Lagonda Global Holdings PLC, etc). Collect past three years annual reports of your chosen company and conduct your financial ratio analysis. appeared first on Apax Researchers.