Essay About 25Th August 2015Size Of The Business And Number Of Shares

Accounting Decision Making
Essay Preview: Accounting Decision Making
Report this essay
DetailQantas Airways Limited (QAN)Telstra Corporation Limited (TLS)Products and ServicesThis 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 OfficerAndrew PennSalary/number of shares held by Chief Executive OfficerHe held 394,976 , his salary A$ 4 m per year.Profit after Tax from 2010 Annual Report for the full financial yearA$ 4.3 billionLastest Dividend PaidDividend Per-share = A$ 0.14 on 25th August 2015Size of the Business by total AssetsA$ 39,360 mNumber of Employees31,931 employees refer to annual report 2014Share Price (4 September 2015)High A$ 5.63;Low A$ 5.53        WeekDateASX/S&P All Ordinaries Index(A$)Telstra Ltd Closing Price(A$)17 August 20155474.806.2910 August 20155509.206.3311 August 20155473.206.3112 August 20155382.106.2413 August 20155387.906.1114 August 20155356.506.08217 August 2015         5367.706.0918 August 20155303.106.1219 August 20155380.206.2120 August 20155288.606.1221 August 20155214.606.07324 August 20155001.305.8825 August 20155137.305.8326 August 20155172.805.8627 August 20155233.305.9028 August 20155263.605.82431 August 20155207.005.771 September 20155096.405.662 september  20155101.505.653 August 20155207.805.564 August 20155040.605.61[pic 1][pic 2]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)