demonstrate a broad understanding of the use of, and apply accounting data in business decision making and that they can communicate that understanding in a professional manner using a PowerPoint format.

Construct and present accounting information using a variety of formats according to the needs of various user groups. • Use analytical financial tools in problem solving situations. The scenario You have recently applied for a job as an Operations Management Graduate Trainee with Modern Interiors Inc. This large, multi-national company specialises in interior refurbishment for big companies such as cinema chains, head office buildings, flagship retail outlets, hotel chains etc. The company has a reputation for cutting edge modern design and is popular with social media influencers, with some of their work being considered instagrammable. More recently they have been criticised in mainstream media for their unsustainable practices of waste generation, so the company has a new environmental sustainability policy which includes a commitment to zero landfill waste by 2030. If you are offered the post you will benefit from an 11-week rotation that will give you access to all relevant Departments in the company, but communication skills and basic knowledge of accounting are essential for the role. You have received a letter inviting you to an interview, with details of some tasks which you need to complete before the interview that aim to assess the required skills and knowledge: Dear Applicant re: Job application number xxxxxx Operations Management Graduate Trainee After review of your application, the Selection Committee are very interested in interviewing you for the above position. The interview will take place on ……… at our offices in Central London. To prepare for your interview we would like you to undertake the following: 1. You will be provided with access to some assessments on an online platform called My Accounting Lab, and we would like you to highlight your FOUR HIGHEST marks in the interview presentation 2. We would like you to use the following Project Information to evaluate a proposed new project, which should include a cash budget, a forecast profit and loss account and a break-even analysis for the first year of operation. This proposed new development for the company is to offer a carpet recycling facility at its warehouse, where old carpets can be recycled into reusable construction materials. 3. You should also consider the project’s viability & sustainability (referencing the UN Sustainable Development Goals) and offer a reasoned opinion as to whether the project should go ahead. Project Information Budgeted figures Sales per month Information to calculate the cash budgets, profit and loss and break-even point. £100,000 per month (April 2024- June 2024) • • • Credit period for customers • £120,000 per month (July 2024- December 2024) £110,000 per month (January – March 2025) 50% of customers pay immediately and the cash is received in the same month of sale, • 50% of customers pay by credit and you receive the cash in the following month of sale Raw material costs Raw materials are purchased locally • Raw material cost is 35% of sales value per month. The company receives 30 days credit from its suppliers (e.g. April’s raw material costs are 35% of £100,000 sales, and cash payments must be made in May) Labour costs Other overheads • These are variable based on production levels at 15% of sales value per month. All employees are paid at the end of the same month 1. £1,000,000 of equipment is needed (delivered in March 2024 but full payment is due in May 2024) 2. Assume the company will borrow £1 million to pay for the equipment, at an interest rate of 8% per year (monthly interest repayments of £11,986). Assume the cash from the loan will reach the company’s bank account at 1ST April 2024 3. Fixed overheads (expenses), such as utilities, general overheads, rent etc have been calculated at £30,000 per month 4. There is also a one-time cost of advertising of £20,000 to be paid in June 2024 Depreciation The equipment has a useful economic life of 10 years and is to be depreciated on a straight-line basis Your PowerPoint presentation should be between 18-20 slides and should have a minimum Font Size of 18. The Selection Committee look forward to meeting you and to listening to your presentation. Yours sincerely Sue Hardman Chair of Selection Committee: Modern Interiors Inc. Required Create an 18 - 20 slide PowerPoint presentation for the interview, using the information in the letter above to evaluate the performance of the project in the first year of operation from 1st April 2024 to 31st March 2025, in a professional way, remembering to make a case for the viability and sustainability of the project.