IMPORTANT INFO: Case study is attached, please answer the below working off of that. Please try to limit grammatical errors, and ensure that whatever is written is completely original as this will go through Turnitin. Please include sources if needed in order to create a recommendation and support it. Objectives To develop an ability to identify and assume an assigned role.To be able to identify and rank the importance of explicit issues.To illustrate the importance of hidden (undirected) issues that arise from a detailed analysis.To identify accounting issues (GAAP/IFRS compliance issues), assess their implications, generate alternatives, and provide recommendations within the bounds of GAAP/IFRS to meet the client’s needs.To examine how accounting standards impact financial measures (ratios, covenants, etc.).To prepare a coherent report and integrated analysis that meets specific user needs.Instructions In order to complete your case analysis successfully identify the role you are playingassess the financial reporting landscape considering the user needs, constraints, and business environment,identify the issues,analyze the issues (qualitatively and quantitatively), andprovide a recommendation and conclusion.An average grade will result from answering all questions with basic coverage and accuracy, showing all your work. Additional points come from including greater detail, astute, informed commentary where appropriate and connections to readings and other content.Respond in a single Word doc (or comparable text editor).Question 1: Analyze various expenses into fixed cost, variable cost and initial investment.Question 2: Find the breakeven point and plot a CVP graph.Question 3: How many bricks need to be sold so as to earn a targeted income of Rs. 2 million per year?Question 4: How do volumes affect return on equity? Question 5: What advice can be given to the owners.EvaluationCase Analysis 2 will be marked in its entirety out of 100. The following rubric indicates the criteria students are to adhere to, and their relative weights to the assignment overall.Activity/Competencies Demonstrated% of Final Grade Identification, Analysis of Issues, Recommendation (100%) a. Analyze various expenses/20 b. Breakeven point/20 c. Target Income/25 d. ROE/25 e. Recommendation/10Total/100
