Finance Report Essay Example | Topics and Well Written Essays - 1500 words

Finance Report - Essay Example ompany is dealing in groceries, wine, clothing, entertainment and books, phone shop, banking and insurance, Tesco magazine, flower market and online business of shopping from their stores. There is a wide range of products and services that Tesco deals in through renowned brands and their own private level brands (Tesco PLC, â€Å"TESCO†). ASDA Group Limited, BP Plc, The Big Food Group Plc, J. Sainsbury plc, Marks and Spencer Group plc, Carrefour S.A., ExxonMobil Corporation, Royal Dutch/Shell Group, Safeway Inc, Safeway plc, Booker Cash & Carry Limited, Somerfield, Wm Morrison Supermarkets PLC, ALDI Group, SPAR Handels-Aktiengesellschaft, The Boots Group PLC, The Carphone Warehouse Group PLC and John Lewis Partnership plc (Datamonitor, â€Å"Tesco PLC†). Tesco has a policy of gratifying experience and talent and stimulates motivations in terms of incentives for offering greater development and high returns for shareholders (Tesco PLC, â€Å"Summary Report of the Directors on Remuneration†). The group has a five-year progressing business plan to sustain the delivery of its approach of long-term expansion and income for shareholders. Tesco functions with a balanced scorecard approach that is acknowledged within the Tesco group. This connects the group’s resources regarding operations, community, finance and consumers (Tesco PLC, â€Å"Internal Control & Risk Management†). The business processes of Tesco and systems that are utilized for in-store planning in the UK are selected and decided by the Tesco executives as a part of global standardisation program. The operations and business processes that are in other countries are structured by the developers. The business requirements are drafted by Tesco UK and other stores of Tesco need to implement it (Computer Weekly, â€Å"Tescos IT Standardisation Paves Way for Global Expansion†). To plan and control the activities of the organisation, management accounting provides information in an appropriate way that helps

Starbucks valuation Essay Example | Topics and Well Written Essays - 1500 words

Starbucks valuation - Essay Example her people who are keen on the financial statements of the company are the creditors of the company who are concerned with the debt ratios of the company. The creditors of a company concentrate on the financial statement of the company so that they can determine the amount of debt that should be forwarded to the company. My paper will deal with the financial analysis of Starbucks Company. The used of the horizontal and the vertical analysis are the 2 simplest ways of analyzing the financial statements of a company. Vertical analysis usually shows the relationship that exists between components that are found in the financial statements of the company. They are measured in the form of percentages. In the balance sheet, all the components are shown as a percentage of the total assets of the company in that particular financial period. In the income statements, the items are shown as a percentage of the net sales or the net revenue of the company. Horizontal analysis shows a way that can be used in the comparison of numbers that are found in different accounting periods. From the vertical analysis, the company is doing goods in terms of the gross profit since most of the revenue is been converted to profits. However, there is a large of revenue that is been channeled to selling expenses. The company should work towards the reduction of the costs of the company so that the profit that is attributable to the company should increase. The percentage of net income as compared to the total revenue is a good percentage; however, with the reduction in costs and an increase in the sales, the company will earn more net profit. From the vertical analysis of the balance sheet, cash and its equivalents take a large portion of the company total assets. That will imply that the company is more liquid. The liquidity levels that are high are usually appealing to creditors that are short term since that will imply that the company has the ability to cater for its short term