Table of content
Q1: Sustainability of Debt Finance Management
Introduction…………………………………………………………………………………………….3
1.1 Literature review…………………………………………………………………………………..3
1.2 Assumption and argument for this debt financing findings from ICAEW……………………5
1.3 Financial ratio analysis for the debt financing situation of the chosen listed company……6
1.3.1 Debt financing performance………………………………………………………………6
1.3.2 Operation performance……………………………………………………………………8
1.3.3 Systematic debt financing performance…………………………………………………9
Conclusion………………………………………………………………………………………………9
Q2: Evaluate the role of finance director in an organization
Introduction……………………………………………………………………………………………10
2.1 Literature review of roles of finance director………………………………………………….11
2.2 Roles of finance director of Tesco Plc and comparison of other job advents……………..12
2.2.1The evaluation of roles of financial director of Tesco Plc………………………………12
2.2.2 Other jobs advents for comparison………………………………………………………14
2.3 Effective evaluation of availability of sources of information…………………………………15
Conclusion…………………………………………………………………………………………….16
Q3: Evaluation for the usefulness of budgeting and budgetary control in Tesco Plc
Introduction …………………………………………………………………………………………...16
3.1 Literature review in budgetary control………………………………………………………….16
3.2 Budgetary control in Tesco Plc………………………………………………………………….18
Conclusion…………………………………………………………………………………………….21
4. Reference……………………………………………………………………..22
5. Appendix………………………………………………………………………25
Question 1
Sustainability of Debt Finance Management
Introduction
Chief Executive of ICAEW proposed the finding that a more sustainable pattern of British companies are to survive the financial management and learning with less debt (Malcolm & Edwards, 1998). But whether this finding is convincing is unknown. Evaluation of the debt finance