Trevor公司财务资源管理与决策分析 [4]
论文作者:www.51lunwen.org论文属性:短文 essay登出时间:2015-10-06编辑:chenyuting点击率:13463
论文字数:3525论文编号:org201510051721489051语种:英语 English地区:中国价格:免费论文
关键词:财务资源Financial statements基础信息
摘要:这是一个关于Trevor公司财务资源管理与决策分析的essay范文。内容包括:财务报表,比率分析,营运资金管理,财务分析,决策者的信息需求,单位成本和利润率,建议与结论。
company cannot rely on these at all times, and in general obtaining liquid funds depends on making sales and profits.
Company's Current ratio is 2.16. Further Quick assets ratio is recorded as 1.50. (Refer Appendix 01). In theoretical view these two ratios are expected to be within a given range of 2:1 and 1:1 respectively. Trevor's current ratio and quick assets ratio are lie within that given range. As a result of that company's liquidity position is held at good position. Therefore management of the company has to adopt on current strategies to continue this position in future also. However these ratios also compared with last year results or industry averages to raise an accurate comment on liquidity position of the company.
营运资金管理-Working Capital Management
This assesses the efficiency of the working capital management of the company. Finished goods turnover ratio is recorded as 12 times. (Refer Appendix 01) Further this led to finished goods residence period to 30 days. In addition to that Creditor's turnover ratio of the Trevor's PLC is recorded as 8 times. Further company creditors' period from suppliers is 45 days.
Factors such as stock policies, policies on credit period allowed to debtors and those obtained from suppliers helps to determine the working capital management of the company. Comment on those rations cannot be raised due to unavailability of information. However Company would concentrate on increasing the rapidity of cash cycle, because each cycle can enhance the profitability of the company.
偿付能力-Solvency
Gearing ratios are concerned with a company's long term stability. How much the company owes in relation its size, whether it's getting in to heavier debt or improving situation, and weather its debt burden seems heavy or light.
Debt to equity ratio recorded as 3.94. It means £ 01 of equity carries £ 3.94 of debt. (Refer Appendix 01 gearing ratio) By just seeing the ratio it's fair to say that Trevors uses significant amount of debt and can be identified as a geared company.
Debt generally carries a fixed rate of interest; hence there is a given amount to be paid out from profits to holders of debt before arriving at residue available for distribution to the holders of the equity. The highly gearing situation creates greater risk to the equity holders. This means that there will be a grater volatility of amounts available for ordinary shareholders and presumably therefore greater volatility in dividends paid to share holders. Dividend payment in year 2009 is £ 50,000.
投资者比率-Investor's ratio
These ratios are considered to be external ratios and are used in evaluating the stability and investment potential of a company.
Basic Earnings per share of the Trevor Plc was £2.03 in 2009, reflecting the profitability in 2009. (Refer Appendix 01 Investors ratio). Trevor's Plc can be considered as a well performing company in the industry since company maintains favorable investor's ratios attracting potential investors. However this comment will not be accurate due to unavailability of comparison information about the past results of the company or the industry averages.
Net Present
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