12:01 PM f csl question.pdf a : This question analyses CSL Limited using a variety of sources including company annual reports, company website, internet, newspapers and articles. The analysis utilises various management accounting processes, techniques and methods. We have to attempt a report which should address the following requirements: A. A brief summary of the CSL Limited including details such as the industry sector, primary activities, and recent performance to effectively introduce the company, the nature of its business, identify the company's profit drivers and key risks, etc. B. Identify and write something on the Vision, Mission and key strategies of the company. C. Give financial statement analysis of CSL Limited for 2020 using ratios and comment on the following aspects of the company I. Liquidity II. Efficiency III. Leverage IV. Profitability V. Market value VI. Overall financial performance and financial status D. Identify five measures that the company has taken to promote sustainability. E. Make an analysis and summary of the major financial and non-financial strengths and weaknesses of the firm where the financial strengths and weaknesses are generally based on significant observations of the analysis (financial statements and ratios). Non-financial strengths and weaknesses are based more on anecdotal and specific evidence from research, etc. Based on the analysis in this section, indicate the company's strategies for solving its problems and its outlook for the future. F By using the figures in the consolidated income statement of the company annual report prepare the followings on an Excel Spreadsheet: (i) Summarised absorption costing income statement for 2020 showing operating profit of the company (Hint: ignore some revenue and expense items presented in the current consolidated income statement and consider 2,716.5 operating profit as the bottom-line profit). (ii) Summarized contribution margin income statement for 2020. We may need to use appropriate cost classification methods and assumptions for this purpose. Assume all expenses are either variable or fixed except for cost of sales and selling and marketing expenses which should be classified as mixed costs. Cost of sules can be separated out to fixed and variables costs assuming that 40% of the total cost of sales in 2020 consist of fixed manufacturing overhead costs while selling expenses could be separated using high low method with annual sales units as the measure of unit level. Consider sales for 2019 and 2020 as a measure of level of activity for estimating cost function assuming 2019 and 2020 sales being 100,000 units and 125,000 units respectively. (iii) Budgeted income statement for 2021. This statement should be prepared using the contribution margin income statement that is prepared in requirement (F.ii) above and making realistic and logical assumptions about the trends. We are not required to prepare operational budgets such as sales budget, = 0