Bt1110 Unit 1 Assignment

Name: Jacinta Chang Li Li
Kaplan Student Number: CT0253827
University of Essex Student Number: LIJAC52301
Program: FT-UOE BScMM-1
Pathway: Marketing and Management
Module Code: BE111
Module Title: Management Accounting 1
Assignment: Assignment 1 (30%)

Content Page
1. Question 1 --------------------------------------------------------------------------- 3 & 4
2. Question 2
- Question 2A. -------------------------------------------------------------------- 5
- Question 2B. -------------------------------------------------------------------- 6
- Question 2C. -------------------------------------------------------------------- 7
3. References -------------------------------------------------------------------------- 8

Q1. Polar (S) Limited.
From the case study we can see that in 2014, both the company’s revenue and net profit had an increase of 7% and 3% respectively when compared to 2013. The increase was due to the ongoing marine projects overseas and infrastructure business, this would suggest that the company’s property business may not be as strong. The case study also explains that 2015 will be a tough year for Polar, due to a severe drop in oil prices as Polar has its Marine business. Furthermore the Eurozone market recovery remains weak and China is expecting to grow at a slower rate, as China exports most of its products and services to the rest of the world, many countries including Singapore will be affected if Power house countries such as China slows