Accounting Decision Making
Essay by srooti • March 6, 2016 • Essay • 996 Words (4 Pages) • 1,253 Views
Detail | Qantas Airways Limited (QAN) | Telstra Corporation Limited (TLS) |
Products and Services | This company involved in transportation which Qantas is Australia biggest domestic and international airline company. The business includes operational reliability, engineering and maintenance, customer service, and subsidiary business such as Qantas Holidays, Q catering, loyalty and lounges. (Qantas 2011) | This company is involved in Telecommunication and information services industry. This includes voice, mobile, internet, and pay-tv services. This company providing more than 8.6 million Australian fixed line and 10.5 million mobile services, including 8.2 million 3G services. (Telstra 2015) |
Name of Chief executive Officer | Andrew Penn | |
Salary/number of shares held by Chief Executive Officer | He held 394,976 , his salary A$ 4 m per year. | |
Profit after Tax from 2010 Annual Report for the full financial year | A$ 4.3 billion | |
Lastest Dividend Paid | Dividend Per-share = A$ 0.14 on 25th August 2015 | |
Size of the Business by total Assets | A$ 39,360 m | |
Number of Employees | 31,931 employees refer to annual report 2014 | |
Share Price (4 September 2015) | High A$ 5.63; Low A$ 5.53 |
Week | Date | ASX/S&P All Ordinaries Index (A$) | Telstra Ltd Closing Price (A$) |
1 | 7 August 2015 | 5474.80 | 6.29 |
10 August 2015 | 5509.20 | 6.33 | |
11 August 2015 | 5473.20 | 6.31 | |
12 August 2015 | 5382.10 | 6.24 | |
13 August 2015 | 5387.90 | 6.11 | |
14 August 2015 | 5356.50 | 6.08 | |
2 | 17 August 2015 | 5367.70 | 6.09 |
18 August 2015 | 5303.10 | 6.12 | |
19 August 2015 | 5380.20 | 6.21 | |
20 August 2015 | 5288.60 | 6.12 | |
21 August 2015 | 5214.60 | 6.07 | |
3 | 24 August 2015 | 5001.30 | 5.88 |
25 August 2015 | 5137.30 | 5.83 | |
26 August 2015 | 5172.80 | 5.86 | |
27 August 2015 | 5233.30 | 5.90 | |
28 August 2015 | 5263.60 | 5.82 | |
4 | 31 August 2015 | 5207.00 | 5.77 |
1 September 2015 | 5096.40 | 5.66 | |
2 september 2015 | 5101.50 | 5.65 | |
3 August 2015 | 5207.80 | 5.56 | |
4 August 2015 | 5040.60 | 5.61 |
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Based on our research, from time to time the share price of Telstra results a decline compared to the price first time recorded (A$ 6.29 – A$ 5.61). Although sometimes the share price increase during tracking period.
Week 1 ( 7th /08/ 2015 – 14/ 08/ 2015)
Based on this week , Telstra share price has dropped from the initial price ( A$ 6.29-A$6.08) . In 13 / 08 there share price went down which is after the release of financial result for the year ending and Telstra faced 1 percent fall in the revenue (ABC , 2015) therefore the share price which initialy fell 6.11 on the 13/08 dropped about 0.03 lesser on 14/08 . as for the All ordinaries also faced a little decline in the share price .
WEEK 2 ( 17 /08/2015 – 21/08/2015)
Week 2 of the analysis shows a slight increase this can be cited due to Telstra latest agreement with ANL worth 2.5 billion took place this showed some intrest to share price marking a (A$ 6.21) on 19/8 (The Sidney Morning Herold , 2015 ) . Unfortunately it took a dip the very next day by A$ 0.09 diffrence the day earlier Vodafone CEO made an announcement on launching a new plan to speed up against Telstra and Optus (The Sidney Morning Herold , 2015) .
WEEK 3 ( 24/08/2015 – 28 /8/2015)
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