productively than Tesco to generate sales revenue. This is also reflected in Morrison’s lower trade payables rate and inventory turnover period. Morrison’s value is not too high to suggest overtrading on their assets (Atrill and McLaney, 2011). This ratio helps ordinary shareholders and banks monitor the efficiency in the use of their funds. Overall, it can be shown that Tesco generates more profit than Morrison by their higher OPM rates. However, Morrison generates more of their profit…
specific technical knowledge. item The financial plan shows a good profit margin that can be considered for investment which is expected in the industry. However, some other financial decisions have led to distortions on return on assets and liquidity ratios. Better management of cash flow with revising policies on credit sales can give a more favorable…
current and quick ratios, as the revenue in accounts receivable is yet be collected but counted towards usable cash. Number of Days in Collection Period The number of days in the collection period measures on average how many days a company takes to collect the short-term…
measurements C/:75000 items-actual performance D/25000 items stell available to reach the target sales E/Examining variance-very competitive market MATERIALS A/22500 GBP-New Budget B/15000 GBP-Performance Measurments C/22500GBP-Actual Performance D/ 7500 GBP-the difference between Actual Performance and Planned Performance. E/Examining variance-the variance of the materials DIRECT LABOUR: A/ 24375…
Acme Products, Inc., requires a new machine to produce a part for a heat generator. Two companies have submitted bids, and you have been assigned the task of choosing one of the machines. Cash flow analysis indicates the following: Year Machine A Machine B ---- --------- --------- 0 -$1,000 -$1,000 1 0 417…
The Caterpillar ratio analysis will focus on receivables turnover and inventory turnover. Receivables turnover is a company 's total sales divided by receivables, while inventory turnover consists of sales divided by inventory Block, Hirt, & Danielsen, 2014, p. 63). Receivables turnover grants the ability to calculate a company’s efficiency in receiving financial backing while gathering amounts outstanding on that loan. Inventory turnover ratio is the selling and replacement, of…
In 1831, at the age of twelve, Walt Whitman began working for his local newspaper. He soon fell in love with the written word and started writing his own poetry (“Poet Walt Whitman”). Fast forward to the turn of the 20th century, and Whitman has already made a name for himself as one of America’s most influential poets. Two of Whitman’s most esteemed works are “O Captain! My Captain!”, written in 1865 to reflect on Abraham Lincoln's death, and “O Me! O Life!”, written in 1891 to contemplate…
Throughout history, human civilizations have been built on conforming to social norms. Likewise, there have always been individuals, throughout history, who have ventured outside of those norms, many times to the dismay or even apathy of their respectively societies. E.E. Cummings’ “anyone lived in a pretty how town,” is perfect example of how individualism is viewed in a conformist society, as well as sheds light on the poet’s own views of conformity. Although conforming to social norms is how…
Know a man in the early 1900’s known for his poems written with incorrect spelling and punctuation? Then you would be thinking about E. E. Cummings! E. E. Cummings was birthed upon the world as Edward Estlin Cummings in Cambridge, Massachusetts in 1894. He developed a unique style of writing at an early age, being influenced by both Impressionism and Cubism, and grew up to study at Harvard University. The poet would become a famous writer, but while he was alive, his work was mostly left…
How do we determine if love changes someone or not? In the novel The Great Gatsby by F. Scott Fitzgerald and in “anyone live in a pretty how town” by E.E. Cummings, the authors use motifs, imagery, and symbolism to show how love can shape an individual change. Throughout the novel Gatsby has changed for Daisy because he is in love with her and in the poem the speaker anyone changed because noone showed him love . In the novel, Fitzgerald uses symbolism to represent a deeper meaning. Some…