P7 Ratios Liquidity Ratios Current Ratio 2013 Current assets = 1901 Current liabilities = 3115 CR = CA / CL = 0.61 2012 Current assets = 2032 Current liabilities = 3136 CR = CA / CL =0.64 The difference between the two years is 0.3p decrease. As Sainsbury’s needs to have a £2 to £1 earned‚ the price is behind in both years. This means that there is a 2 year crises at Sainsbury’s. Acid test ratio 2013 Current assets = 1901 Inventories = 987 Current liabilities = 3115 ATR = (CA
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Unit 2- P7 Ratio analysis is a tool brought by individuals used to evaluate analysis of information in the financial statements of a business. The ratio analysis forms an essential part of the financial analysis which is a vital part in the business planning. There are 3 different ways of assessing businesses performance and these are: solvency‚ profitability and performance. Ratio analysis assists managers to work out the production of the company by figuring the profitability ratios. Also‚ the
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Unit 2 - M3 As mentioned briefly in the previous assignment there’s covert discrimination this is discrimination which is concealed and can go unnoticed this can pose as a problem. I will talk about 3 reasons why promoting anti-discriminatory practice may be difficult. Culture and Beliefs Different cultures and beliefs can have an effect on implementing anti-discriminatory practice. One example of this preventing anti-discriminatory practice is though in a culture saying ’please’ and ’thank
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Formula (U5 M2) Workings – show calculation Ratio Greggs 2011 (U5 M2) Ratio Greggs 2010 Has ratio improved or declined? Ratio measures- Liquidity‚ Profitability or Efficiency (a) Describe Greggs performance in 2010 (U5 P5 U2 P7) (b) Compare Greggs performance 2011 to 2010. (U2 M3 U5 M2) Gross Profit Margin % 61.3% 61.8% Declined Profitability The business will calculate their gross profit‚ to allow the business to know their profit with sales of stock included. In 2010 Greggs performance shows
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Task 1-P5 The main purpose of the trading account is to know the gross profit/loss of the business. According to the trading profit and loss account for Smiths for the year ended 31st December the gross profit is £186‚325. However the trading account is used to see whether the material costs and direct expenses are covered or not. Material costs means the price of the items used to produce the goods for the sale. Direct Expenses means the expenses are linked to the production to make the goods for
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Unit 2: Business Resources P5 Is The Business Profitable? The closing capitals for both years are very similar and propose that not only is the business very profitable but it is also maintaining its financial position within the market. In 2011 the closing capital was £2‚500‚000 and for 2012 the closing capital was £2‚425‚000. This is interesting because as a business progresses you would think that the closing capital would increase not decrease although this is not too large a decrease when compared
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The solvency The solvency ratio indicates whether a company’s cash flow is sufficient to meet its short-term and long-term liabilities. The lower a company’s solvency ratio‚ the greater the probability that it will default on its debt obligations. Current ratio The ratio is mainly used to give an idea of the company’s ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash‚ inventory‚ receivables). The higher the current ratio‚ the more capable the
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Unit 15: Major Incidents Assignment 2 (M3) M3 – explain how UK agencies work together while following their legal duties After a major incident has happened it is important that responding agencies communicate and work together to that they can resolve the incident quickly and efficiently this is done in the following ways. Training days: these are organized training days where public services will simulate a major incident which allows the services to train and prepare for real major incidents and
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P7 unite 4 1. What is target audience? Target audience is a particular group of people which a product‚ an advertisement or a television and a radio program aimed at. A target audience can be separated into deferent groups such as gender‚ age group‚ marital status‚ e.g. male‚ young people‚ single people. For example Dell Company wants to sell their laptops at a reasonable price‚ so their target audience is students‚ small business which can be afforded to buy. http://en.wikipedia.org/wiki/Target_audience
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Eva Rands UNIT 2 P5: Describe how anti-discriminatory practice is promoted in health and social care settings. M3: Discuss the difficulties that may arise when implementing anti-discriminatory practice in health and social care settings. D2: Justify ways of overcoming difficulties that may arise when implementing anti-discriminatory practices in health and social care settings. I am going to be explaining how anti-discriminatory practices are promoted in a care home (P5 – black text). I am then
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