please read the attachment there are 9 questions... I want answers for those 9 questions

Business Simulation Assessment Advancing Agribusiness This business simulation assessment is set in the context of the wine industry in Australian agribusiness. Wine is one of Australia's major exports. In 2016, wine exports amounted to $2.22 billion. In researching the wine industry, both domestically and globally, students will very quickly realise that it is a high risk industry competing fiercely for market share in the world stage and that it is challenging for Australian wine companies to generate profits and returns for investors. A central role of traditional accountants is financial reporting and financial statement analysis. This core skill is essentially backward looking at historical financial information. The present assessment, which was developed in collaboration with Chartered Accountants Australia and New Zealand (CAANZ), extends this skill that students have acquired in previous accounting units, to business insights, predictions and advisory grounded in data. The activities and tasks in this assessment are especially designed to develop forward thinking and predictive analytical skills using information in Big Data not traditionally handled by accountants. Students will learn to see and interpret patterns and make discoveries in data. The agribusiness for study in this assessment is Australian Vintage Ltd (AVL) which is an Australian owned wine company listed on the ASX. Instructions and Due Dates This is a group assignment comprising three components: 1) Individual submission of preparatory work where individual marks will be awarded; 2) Group submission (Final Report) where a group mark will be awarded to each group member (However, the unit convenor can review the contribution of individual students within a group and award an individual mark according to the contribution of the student); 3) Oral presentation by each group but individual marks will be awarded to each presenter. Preparatory work = 30% due in Week 5 tutorial class Final Report (group) = 50% due by 4pm on 13 November 2017 through Turnitin Oral Presentation = 20% as rostered in Weeks 10, 11 and 12 1. Component: Preparatory Work The pre-class preparatory work and in-class learning activities use Ferngrove Wines to introduce students to SME and regional agribusiness. Australia's regional agribusiness is a major contributor to the national economy. The learning activities are highly specialised for honing employability skills and are aimed at maximising graduate employment competitiveness in the current business landscape. Chinese Trade and Investments in Australia High order skills need a context for proper and effective development and, in our case, a context where employment opportunities abound. The context here is Chinese trade and investments in Australia. The figure below shows why. On 17 November 2014, the 10-year long negotiations of the China-Australia Free Trade Agreement (CHAFTA) came to a conclusion, six months later on 17/6/2015 CHAFTA was signed. The rapidly rising business opportunities following these landmark events are reflected in the Foreign Investment Review Board annual report (2014-2015) which ranks approvals for investment from China at the top position totalling A$27.65 billion, ahead of the USA (ranked #2) of A$17.46 billion. It is noteworthy that Chinese business and investments since 2012 are no longer concentrated in the resource sector, they are in diversified business sectors, such as energy and gas, real estate, entertainment, infrastructure and agribusiness. Ferngrove Wines Ferngrove Wines was established in 1997 in the Greater Southern wine region of Western Australia and operated as an Australian private company limited by shares. In just more than 10 years, Ferngrove's vineyard has extended across 250ha producing premium Shiraz, Cabernet Sauvignon and Semillon grapes at the Frankland River region. Its operations included a cellar door, a boutique winery, Killerby Wines, near the Margaret River and employed 25 employees. From around 2008 the wine industry was facing a global wine glut. Further to that Australian vineyards have been confronted by increasing competition from countries such Argentina and Chile. Due to slumping exports, vineyard values have lost as much as 50 percent since 2008 across Australia's 60 wine-producing regions. In 2010 Ferngrove faced serious financial woes when it lost an ongoing contract with a major Australian winery for supplying 60% of its produce. Consequently, Ferngrove's revenue plunged and was in an urgent need of sales and capital. The prospect of a break-up was imminent if business did not recover and divestment options were on the table. Ferngrove has the support of high profile directors on the board and through the assistance from a well-connected Australian businessperson, an introduction was made with Mr Ma Xingfa, a Chinese entrepreneur from Hangzhou. In late October 2010, Mr Ma bought a container of Ferngrove Wines, mainly red wines, to take to China to see how well they will be received by potential customers. In early 2011, Mr Ma bought a $10 million stake in Ferngrove Wines. Now, after an investment of about $17m, he owns 88 per cent of Ferngrove Wines. Mr Andrew Blythe, Ferngrove's export manager, said that it has been a delight to work with a Chinese owner who understood the difference between Western and Eastern business cultures. Mr Anthony Wilkes, managing director, said the success of the partnership came from Mr Ma's eagerness to maintain the Australian management and to retain its focus on making high-quality wine. Mr Wilkes added that the extra cash from the capital injection has allowed Ferngrove to buy and plant another 100ha of vines, buy new tractors and oak barrels and expand into more modern wine-making facilities. Now, Ferngrove's plantations span across 305ha of its own vineyards and 70ha of leased vineyards growing of grapes. \"Ferngrove Wines is an example of a successful Chinese investment in the Australian agribusiness sector.\" Sources: http://en.wines-info.com/html/2012/10/189-47808.html http://www.bloomberg.comews/articles/2011-10-25/china-s-wealthy-wine-drinkers-helprevive-australian-vineyards 2014 Australia-China Trade Report. For more go to: http://www.abc.net.auews/2015-0716/chinese-billionaire-xingfa-ma-buys-nt-wollogorang-station/6623806 Required for submission in Week 5 The preparatory work activities are designed to take students out of their comfort zone (the comfort of being told exactly what to do and the habit of looking for 'the' correct answers), stimulate their curiosity and expand their horizons into the real and contemporary world of business. The present context is Australian agribusiness. Provide written responses for the following nine questions. Please type your answer. Questions 6, 7, 8 and 9 will be further discussed in class, however, first provide typed answers to these questions but leave plenty of space to take down (hand-written) points raised by peers in the class activities. 1. What do you think are the top 3 Australian agricultural exports in 2016? Make a considered and intelligent guess first. You can then try the Department of Foreign Affairs and Trade (DFAT) or the Australian Bureau of Statistics (ABS) web sites. 2. Look for the financial reports of 2 major Australian agribusiness exporting companies, one of them must be a wine exporter. Agribusiness in this context includes the production, distribution, etc. of farming produce and agricultural equipment and supplies. You won't be able to find Ferngrove's financial statements on the public internet, do you know why? 3. Write the names of the companies that you have found. 4. Examine the balance sheets of the 2 companies that you have chosen. What are their assets and how are the asset values derived? (Hint: read the accompanying notes). 5. Due to slumping exports, vineyard values have lost as much as 50 percent since 2008 across Australia's 60 wine-producing regions. What does this mean? How do you think vineyards are valued? (Only a general answer is required, although some thinking is necessary). 6. What do you say are the risks and challenges of agribusiness? (Hint: this has implications for capital providers as well as the broader community, etc...) Provide 5 key words (or short phrases). 7. Ferngrove Wines was in trouble, in need of revenue and urgent finances having lost a major ongoing contract. What ideas do you have for possible ways of generating revenue given the competition that the wine industry is facing? (Hint: think outside the box, therefore throwaway lines like increasing advertising and sales are not good enough in this context). Give 2 suggestions with justifications. 8. Give 2 possible sources of finance and explain why these sources are likely to finance Ferngrove Wines. 9. Many rural and agribusiness in Australia are in strive - lacking capital for equipment upgrades and infrastructure developments, and having to battle the effects of long periods of draught. Sadly for many small and medium sized family entities there is simply no way out. Ferngrove Wines is a success story benefiting from Chinese foreign direct investment and there are many more. \"The Australian government welcomes foreign investment. It has helped build Australia's economy and will continue to enhance the wellbeing of Australians by supporting economic growth and prosperity.\" (Source: Australia's Foreign Investment Policy). The readings and statistics given earlier show the extent and pace of Chinese investment in Australia and the level of trade and business between the 2 countries. Yet, Chinese direct investment is not welcome by all. Controversies, scepticism, and political wrangling over Chinese direct investments in Australia are broadcasted frequently in the popular media in one form or another. Here is an interesting debating topic: \"Australians should welcome and accept all direct foreign investments.\" Would you prefer to be on the affirmative or opposition side? Jot down a few points on the side that you would like to be on. In-class group activities in Week 5 In class, re-do questions 6-9 with your group and write down the points from your peers. Groups should manage their time to complete questions 6-9. Marks will be given to the notes (hand-written) from the class discussion (so keep them succinct and brief). It is likely that your group comprises of international students from different countries. Students should be able to talk about issues and challenges that are faced in their home country and ways of addressing the issues and challenges. Submission Both the typed answers to the questions and the hand-written notes will be collected in your tutorial in Week 5