Required: As the newly recruited management accountant of Ranarock Son. Bhd., prepare a REPORT (maximum 1,500 words) incorporating a critical evaluation of each of the three items stated in the agenda for the forthcoming BOD meeting. Your report must include relevant financial analysis, short run and long run strategic factors to consider for each of the option under consideration together with your advice (suggestions and recommendations) to assist the Board of Directors in formulating Ranarock Sdn. Bhd.'s strategic plan for the year ending 30 June 2017 that will enhance its profitability and competitiveness. GUIDELINES FOR PREPARING THE REPORT A. Your REPORT must include the following: 1. A financial evaluation of each item in the Agenda based on the relevant financial analysis and performance indicators. Assumptions made must be clearly stated. Justification must also be stated on the chosen methodology used for each item. 2. Financial analysis in the form of profit/(loss) statements, CVP analysis including 'what if' tables (2 way data table) and visual aids etc. to support your critical evaluation of each item in the Agenda must be included as Appendixes to the REPORT. 3. Additional short run and long run strategic financial and non-financial factors that corporate management should take into consideration in arriving at their decision for each strategic option. Your answers MUST also include other qualitative factors that should be included in the decision making process. 4. Appropriate suggestions and recommendations that can be adopted to enhance Ranarock Sdn. Bhd.'s profitability and competitiveness. B. APPENDIXES to your REPORT must include the following: Item 1: Review of Ranarock Sdn. Bhd. financial performance for the 6 months ended 30 June 2016