P2 present complex internal business information using three
P2- PRESENT COMPLEX INTERNAL BUSINESS
INFORMATION USING THREE DIFFERENT
METHODS APPROPRIATE TO THE USER’S NEEDS.
By Amin Azar
FINANCIAL RECORDS FOR JOHN LEWIS.
Gross profit
Net profit
Fixed assets
Current assets
Liabilities
Financial Highlights of John Lewis Performance
Sales
Sales are the activity within a business for the purchases of products and service. This is also the operating revenues that is earned by the company by selling their products or services.
Last year, the business was involved in an accounting scandal, and saw the departure of some senior executives. However the retail giant, which has more than 3,300 stores in the UK, had a better Christmas than expected. The sales over the holiday period were down just 0.3 percent on the year before and up
0.1% if fuel sales are included. Overall, comparable sales for the three months to the beginning of
January were down by 2.9%.Tesco 's chief executive, Dave Lewis, said the firm was "facing the reality of the situation" and was "seeing the benefits of listening to our customers".
Revenue
Revenue are the amount of money that the business receives during a specific period which includes the discounts and deductions that are for returned merchandise Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.
Tesco’s revenue increased from the years 2010 to 2011 from £57,502m to £61,174m. This infers to us that there would be an increase in the corporation 's stockholders ' equity and its assets. The revenues will increase the retained earnings section of stockholders ' equity. The assets that usually increase are cash or accounts receivable. Conversely within the years of 2012 to 2013 the business revenue decreased from £64,541m to £63,967. This indicates to us that the business reduced their pricing. However within
2013 and 2014 there was an increase within the revenue figures from £63,967 to £64,149.
Profit
Profit
INFORMATION USING THREE DIFFERENT
METHODS APPROPRIATE TO THE USER’S NEEDS.
By Amin Azar
FINANCIAL RECORDS FOR JOHN LEWIS.
Gross profit
Net profit
Fixed assets
Current assets
Liabilities
Financial Highlights of John Lewis Performance
Sales
Sales are the activity within a business for the purchases of products and service. This is also the operating revenues that is earned by the company by selling their products or services.
Last year, the business was involved in an accounting scandal, and saw the departure of some senior executives. However the retail giant, which has more than 3,300 stores in the UK, had a better Christmas than expected. The sales over the holiday period were down just 0.3 percent on the year before and up
0.1% if fuel sales are included. Overall, comparable sales for the three months to the beginning of
January were down by 2.9%.Tesco 's chief executive, Dave Lewis, said the firm was "facing the reality of the situation" and was "seeing the benefits of listening to our customers".
Revenue
Revenue are the amount of money that the business receives during a specific period which includes the discounts and deductions that are for returned merchandise Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.
Tesco’s revenue increased from the years 2010 to 2011 from £57,502m to £61,174m. This infers to us that there would be an increase in the corporation 's stockholders ' equity and its assets. The revenues will increase the retained earnings section of stockholders ' equity. The assets that usually increase are cash or accounts receivable. Conversely within the years of 2012 to 2013 the business revenue decreased from £64,541m to £63,967. This indicates to us that the business reduced their pricing. However within
2013 and 2014 there was an increase within the revenue figures from £63,967 to £64,149.
Profit
Profit