Accounting and Finance for Managers

Accounting and
Finance for Managers

Table of Contents
INTRODUCTION ..........................................................................................................................2
TASK ..............................................................................................................................................2
1A. Analysis of goals and objectives of each company..............................................................2
1B. Performance analysis of three companies............................................................................3
1C. A short case justifying the reasons why the best performing company...............................7
Section B Financing a Business.......................................................................................................7
2A. Internal and external long term finances available to listed companies...............................7
2B. Preferred source of funding..................................................................................................9
CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................11

INTRODUCTION
Accounting is a procedure of recording financial transactions happening in the course of
business. It includes recording, analysing and summarising of the transactions taken place in the
ordinary course of business. Finance is the wide term that usually describes activities related
with banking, leverage or debt, credit, capital markets, money and investments that represents
the management of money and the basic process of acquiring the needed funds. It may also
encompasses the supervision, creation, and study of money, banking, credit, investments, assets,
and liabilities that make it up financial system (Carlisle, Hux and Zimmerman, 2020). In this
report an analysis of three companies named Greencore Food Plc, Hilton Food Group and
Premium Food Plc is done. Ratio analysis is done for judging the financial performances of the
companies and a comparison among them on the basis of their performance is done in the report.
TASK
Section A
1A. Analysis of goals and objectives of each company.
Greencore Food Plc
It is a UK organisation, a popular supermarket and fast food store with a variety of chilled,
preserved and atmospheric food. Its strategic objective for boosting its demand are widening the
product proposition for attracting more new customers and to accomplish the organisational
goals and objectives considering the quality product to its clients at a reasonable price.
Hilton Food Group
The company focuses on establishing partnership with the company's corporate to fight
against its competitors and sustain its position in the market. Business devotions, engagements
and desire to do whatever it can to make its workers succeed (Clikeman, 2018). One job, one
intent, one shared aim. Organizational personnel are in the core of all the company does.
Premium Food Plc
The main purpose of organization is to provide guarantee to provide best quality food to its
clients so that they enjoy and are satisfied by the services provided by the company. The firm
focuses on promotion their brand and the purpose or objective is to show that they are using
collaborative approach. They are also planning to build a operational site that is beneficial for the
employees as well as organization. The principles of the organization is to motivate and

encourage the employees so that they can perform best in their job responsibilities and help
company to achieve the goals and objectives. Nowadays organization is trying to focus on
sustainable growth that will help society in getting best products and services.
1B. Performance analysis of three companies.
Greencore group plc
Financial Ratios 9/27/2019 9/28/2018 9/29/2017
Return on equity using net income (%) 34.66 4.55 1.72
Return on capital employed (%) 19.12 4.8 2.58
Profit margin (%) 7.48 0.75 0.53
Gross margin (%) 33.84 30.23 31.12
Earning before income and tax (%) 6.73 2.04 1.84
Credit period (days) 26 34 30
Collection period (days) 54 50 47
Current ratio (X) 0.69 2.01 0.75
Gearing (%) 156.67 90.47 119.39
Net asset turnover (X) 2.06 1.81 1.49
Non financial ratios 3/28/2020 3/30/2019 3/31/2018
Shareholder's fund per employee 26 64 58
Total asset per employee 100 173 167
Hilton Food Group PLC
Financial Ratios 3/28/2020 3/30/2019 3/31/2018
Return on equity using Net income (%) 17.23 17.95 15.2
Return on capital employed using Net
income (%)
9.02 11.98 12.43
Profit margin (%) 2.38 2.63 2.52