Friday, October 4, 2019
Fine Tuning Essay Example | Topics and Well Written Essays - 4750 words
Fine Tuning - Essay Example The key findings will demonstrate how ââ¬ËAccounting Ratiosââ¬â¢ for August, ââ¬ËAnalysis of Historyââ¬â¢ and ââ¬ËRecommendationsââ¬â¢ on improving the situation can positively impact the company. It will have three main bodies such as Accounting Ratios, History, and Recommendations. The structure of the assignment envisages a main body, which will be divided into different sections based on the topic to be covered and each section will be arranged under a separate subheading. This way, it will become clear as to who is required to read the report. Activity 2 encompasses an analytical and in-depth research on accounting ratios for December. This has then been compared and contrasted with data pertaining to August. An analytical review of the history of trading from August-December has been conducted with the aid of graphs, tables and the relevant evidence has been shown by referring back to the graphs and tables. Subsequently, based on the recommendations endorsed in Activity 1, clear evidence is presented to show the effectiveness of the action plan was. This, again, will be divided into three main bodies including Accounting Ratios, History, and the evidence of successful Action Plan. An investigation of this nature will help the company to determine its current organisational and operational anomalies that have contributed to a fall in their profitability. An analysis of various accounting ratios spanning over several months, which is one of the aims of this study, will help them to identify problems that have contributed to this phenomenon. In addition, it will also enable them to pinpoint the source of the problems so that they can take appropriate measures to address them adequately. Therefore, this study envisages a thorough analysis of various financial statements of the company right from January to June by applying an analysis of various ratios. Once the relevant ratio analyses are undertaken
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