It is January 1, 2018. You are a Senior Analyst at Canada Hardware Inc. (CHI), one of the top hardware, sports, and apparel providers in Canada with hundreds of stores across Canada. The CEO of Canada Hardware, Tony Stark, has reached out to you to draft a report.
You will review and analyze the mission statement, case information, and financial statements of Canada Hardware Inc. You will use the information from your review to develop a SWOT analysis with the purpose of seeking support for proposed investment projects. You will also prepare a notional UCC asset tax values continuity schedule to analyze the impact of capital equipment disposals.
How to Proceed
Prepare your preliminary business case report by analyzing financial and non-financial data from the case information provided below. You will need to undertake and include the following:
- Create a title page with your author identification (Full Name, Student ID).
- Review the information and financial statements included below to gain an understanding of potential investment initiatives that would be supportable by management. Describe the intent of the mission statement from the annual report, and prepare a SWOT analysis (strengths, weaknesses, opportunities, threats). Based on you SWOT analysis, assess and explain in detail if Canada Hardware is currently delivering on its mission statement.
- Conduct financial statement analysis using liquidity ratios, debt ratios, profitability, and asset utilization ratios (at least three for each type of ratio). Comment on each of the ratios and what they say about the company’s performance over the last 5 years.
- Prepare an assessment for each of the investment proposals included below, with rationale that is aligned with the SWOT analysis and financial statement ratio analysis. Recommend if CHI should go forward with any of the proposed investments based on this analysis.
- Prepare a basic income statement forecast for the subsequent fiscal year, using a percentage of sales approach and using information included in the materials below to support assumptions that correspond for each revenue and expense. Each line item (e.g., marketing expenses) should have a note and an explanation on how it was calculated.
- The CEO also needs help understanding the tax consequences of the disposal for an old piece of equipment. Prepare a CCA schedule for tax depreciation of a set of equipment purchased three years ago on January 1, 2015 for $270,000 (assume Class 46 with CCA rate of 30% and half-year rule applying). Calculate the tax consequence if all the equipment were to be sold at the beginning of this year (i.e., end of 2017) for either $90,000 or $120,000. The equipment is the only asset in the class. Utilize the average tax rate that Canada Hardware Inc. had in the last five years in your analysis of the tax impact.
to law, politics and economics. For example; when an individual has committed a crime, the punishment that has been handed down onto them, is not for the purpose of solely making the offender pay for what they have done, the punishment is in fact handed to them as a way of discouraging any further crime from taking place, not only that but it is also used in a way of helping the larger population ensuring that they are protected. In addition to this, the political aspect of utilitarianism now provides an alternative theory of natural law of social contract. The question which must be asked of course is, should we continue with our current governmental standards or should we switch to the utilitarian’s way of thinking? Furthermore, when exploring the use of utilitarian reasoning in the political system, it can be seen in many places, and yes while “consequences do matter, so to do the moral principles that make up the very thing which makes us human” Bentham was not the only individual who believed in utilitarianism, John Stuart Mill, was also involved with the doctrine, however he sought to modify fit from the inside, as aforementioned Mill thought that it would be more beneficial to appropriate more of a doctrine based upon rules that are relevant in certain circumstances, he believed that “one calculates what is right by comparing the relevant agents of alternative rules for a particular circumstance” The modification that was undertaken by Mill, has helped us come to terms with what the utilitarian doctrine means today, for he was the individual who had developed the doctrine for the outcome of reaching the largest amount of happiness for the largest amount of people, in addition to this it helped people set apart their own lives of “ and allows them to live a life of reason rather than living a life of divinity as this was ultimately sufficient to determine morality”. There are of course multiple positives of utilitarianism just as much in fact as there are negatives. Firstly if you were to look at the subsequent aspects of the doctrine, it is in theory a simple code of ethics to apply, it can and has been used in order to influence many things in society, the reason why it is so simple is that if you were to look at it from a qualitative perspective, one could say that if the action brings a greater sense of happiness than it does a sense of pain, then the action becomes moral, in addition if one were to look upon it from a quantitative perspective, then an action wou>GET ANSWER