- Case StudyHelp.com
- Sample Questions
Book Your Assignments Today!
Securing Higher Grades at Least Amount Of Effort?
Get Assignment Answers from Top-notch Tutors – specialize in your subject areas
Analysis of financial data
Manual: Financial statistics and tools
Once you feel confident that you have covered the learning materials for this unit, you are ready
to attempt this assessment.
To complete the assessment, please create a new Microsoft Word document and type your answers
to each question or task in this document, noting the question number from the assessment.
To help Open Colleges manage your assessment, please use the following file naming
convention when you save your Microsoft Word document. Your file should be named and
saved to your computer’s hard drive using your: [student number]_[assessment]_[assessment
number].doc for example 12345678_21850a_01.docx.
When you are ready to submit your assessment, upload the file in OpenSpace using the
Assessment Upload links in the relevant Study Period of your course. The Student Lounge
provides a ‘Quick Guide to Uploading Assessments’ if you need further assistance. Uploading
assessments in OpenSpace will enable Open Colleges to provide you with the fastest feedback
and grade on your assessment.
Alternatively, you can print and post your assessment to Open Colleges, PO Box 1568,
Strawberry Hills, NSW 2012. Please ensure that you use the Open Colleges Assessment Cover
Sheet (available in the Student Lounge in OpenSpace). Where assessments are submitted
by post, grades and feedback will be released in OpenSpace. Please note that assessments
submitted by post may take up to 21 days from the date received by Open Colleges to grade and
are reliant on the efficiency of the postal service.
It is important that you keep a copy of all electronic and hardcopy assessments submitted to
Analysis of financial data
For this assessment you should assume you are employed in a financial services role. Your
manager, Abby, sends you this memo
I need you to analyse some financial data for me.
First, here is the information you will need:
Consumer Price Index data (source ABS):
NO NAME INDEX NO (I) WEIGHTING (W) I X W
1 Food 120 20
2 Clothes 103 7
3 Housing 98 15
4 Household equipment and operation 103 16
5 Transportation 115 12
6 Tobacco and alcohol 128 7
7 Health and personal care 110 9
8 Recreation and education 106 14
Formula to obtain the CPI:
Σ (Index No. x weighting)
To determine what would happen to the CPI if there was a price increase in a particular
category of items:
Assume there was a 10% price increase in the cost of food:
Step 1: Multiply the current food Index No by the Weighting
120 x 20 = 2,400
Step2: Increase the food Index No by 10%
120 x 1.1 = 132
Step 3: Multiply the new Index No by the Weighting
132 x 20 = 2,640
Step 4: Subtract the results from Step 1 from the results from Step 3
2,640 – 2,400 = 240.
This means that a 10% increase in the cost of food would have a 2.4% (ie 240 /100) increase on
the CPI calculation.
I require you to:
1. Calculate the CPI for the given period.
2. Determine what would happen to the CPI if there was:
a. a 20% increase in the cost of clothing
b. a 10% increase in the cost of housing
c. a 5% increase in the cost of food
3. Determine which of the increases referred to in the preceding paragraph would have the
greatest impact on the CPI.
4. Describe your results in a brief written report. Use a table and graph as part of the report.
Show the steps by which you calculate this.
This assessment task will assess your ability to interpret and make use of financial data. It
will require you to identify the most appropriate method to obtain the information sought by
Abby. It will evaluate your capabilities in undertaking numerical calculations and analysing the
results. It will assess your ability to describe your findings in an appropriate format.
To Get Answer
Looking for Solution or some other occured.Chat with our 24x 7 Online Agents CLICK CHAT NOW