Accounting and Finance for Managers

ACCOUNTING AND FINANCE FOR
MANAGERS

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Section A.....................................................................................................................................3
Question 1...................................................................................................................................3
SECTION B.....................................................................................................................................8
Question 2...................................................................................................................................8
CONCLUSION................................................................................................................................1
REFERENCES................................................................................................................................2

INTRODUCTION
Business organization to maintain record of their day to day transaction and represent
them in front of their internal and external users, use accounting and financial application. This
report has been formulated to define relevance of account and finance by evaluating performance
of three food industry organizations. Which incudes, Green core group plc, Premier food plc &
Hilton food group plc. This report showcase policies and strategies theses organization use for
run their business. In the second part of this report, essential elements and factors require to
collect sources of finance are define in effective and systematic way.
MAIN BODY
Section A
Question 1
a) Overview of strategic business policy used by Green core group plc, Premier food plc &
Hilton food group plc.
Green core group plc: This organization is consider as one of the most popular business
organization of UK which engaged in dealing with food products. This organization run business
as manufacturer, markets and disturber of food and convince food products.
Strategic objectives: Managers for attain their vision formulate future business objectives which
help in achieving their vision. Green Core focus on maintain top position in market area for this
purpose they use effective financial strategy. In order to achieve their business goals organization
focus on food, quality , process and their target market customers. This organization focus on
their long term goal by investing in portfolio for increase their retain business earnings.
Hilton food group plc: This organization is incorporated as multinational organization
which run its business as meat packing organization. However it spread its market share by
running business in providing food packaging services (Barari Nokashti, Banimahd and
Yaghoubnejad, 2018).
Strategic objective of this organization is generally based on spreading their market share
by innovate new business products in market. Managers in order to attract their business
customers focus in investing in long term businesses goals. Management department of Hilton
generally focus on build strong relation with small organizations and their rival business
companies. Which will beneficial to cut throat their competitors.

Premier food plc: It is British multinational organization which engaged in
manufacturing and distribute sauce, ambient food , cake and offer quick meal services This
business entity to spread its market share deal with many multinational organization which
includes Tesco, Sainsbury and other super market and food manufacturing organizations.
Strategic objective of this organization is to generally focusing on maintain position of
organization in market place by effectively maintain quality of Premier Food Plc in market.
Their main focus is to attain their strategic business objective by offering healthy and nutritions
food products. Theses food products are helpful in attract customers of organization. They set
principle and choose those strategies which useful in influence customer for purchase food
products from branch of this organization (Appuhami, 2019).
b) Evaluation of financial performance of organizations by calculating financial ratios.
Financial ratio: Managers use financial management tools for evaluate performance of
their organization with rival business corporations. Following are some ratios which help in
measuring financial performance of food organizations.
GREENCORE
GROUP PLC
3/28/2020 3/30/2019 3/31/2018
ROE using Net income
(%)
34.66 4.55 1.72
ROCE using Net
income (%)
19.12 4.8 2.58
Profit margin (%) 7.48 0.75 0.53
Gross margin (%) 33.84 30.23 31.12
EBIT margin (%) 6.73 2.04 1.84
Collection period
(days)
26 34 30
Credit period (days) 54 50 47
Current ratio (x) 0.69 2.01 0.75