英语论文网

论文题目：associated british foods
论文语言：英语论文 English
论文专业：International business and management
字数：800
学校国家：英国 U.K.
是否有数据处理要求：否
您的学校：本人在westminster, 在读international business and management.
论文用于：Master assignment 硕士课程作业

补充要求和说明：
论文需要分析一下associated british foods2009-2010年的liquidity and gearing ratios,原因，未来前景，然后分析一下premier foods2009-2010的liquidity and gearing ratios。再将两个公司比较一下，最后associated british foods和整个food industry 再进行比较。谢谢。一共需要800字左右。havard格式，参考再3－5左右

Associated British Foods

1. situation of ABF
1.1 2009 liquidity and gearing ratios
1.1.1 liquidity ratios
1.1.2 gearing ratios
1.2 2010 liquidity and gearing ratios
1.2.1 liquidity ratios
1.2.2 gearing ratios
1.3 analysis of the situation of ABF

2. Analysis of Premier Foods
2.1 2009 liquidity and gearing ratios
2.1.1 liquidity ratios
2.1.2 gearing ratios
2.2 2010 liquidity and gearing ratios
2.2.1 liquidity ratios
2.2.2 gearing ratios
2.3 Comparison of ABF and PF

3. Analysis of ABF in the food industry

Associated British Foods

1. situation of ABF
Associated British Foods plc (ABF) is a holding company. The Company is engaged in the processing and manufacture of food worldwide and textile retailing in the United Kingdom and continental Europe. The Company has five industries: grocery, sugar, agriculture, ingredients and retail. This company in UK is a very famous enterprise, but in the world industry, it has some gaps, so in this report, the author will analyze it with another company from finance point of view (https://cn.reuters.com/investing/quotes/search?searchType=name&search=ABF&goButton.x=16&goButton.y=9).
1.1 2009 liquidity and gearing ratios
1.1.1 liquidity ratios
Liquidity ratios can be also called as Current ratio, the formula is LR= Current assets/ Current liabilities (Hendriksen, 2002). This index refers to balance the ability before short-term debt is due, Enterprise current assets can be turned into a cash to pay the debts(Winter, 2009).
Balance sheet of 2009    
 
In ABF, through analysis of the annual report and balance sheet of 2009, LR=1173/389=3.02. Generally speaking, if LR＞2, asset liquidity is well, so ABF company has good asset liquidity.

1.1.2 gearing ratios
Gearing ratio is the ratio of enterprise’ all liabilities to all the source of funds, to indicate the proportion of the enterprise’ liabilities to all funds (Hendriksen, 2002). Gearing ratio refers to the relationship between the debt and assets or the net assets, it reflects the ability for enterprises to pay the principal and interests on the debt (Winter, 2009). Generally speaking, GR=net debt/total capital. In ABF, GR=999/5747=17%. This indicates that ABF company has less loan risk, and at the same time this company lacks vitality.
1.2 2010 liquidity and gearing ratios
1.2.1 liquidity ratios

References
Hendriksen, Eldon S. 2002. Accounting Theory. R.D.Irwin, Homewood

Garrison, Noreen. 2006. Managerial accounting with topic tackler, net tutor and powerweb (10th ed ).Lavoisier Press

Winter.2009. Accounting Theory. business.uoguelph.ca