logo

CVP Analysis and Finance and Funding in the Travel and Tourism Sector

13 Pages3820 Words126 Views
   

Added on  2020-01-07

About This Document

Finance and Funding in the Travel and Tourism Sector INTRODUCTION 1 TASK 11 A) Describe CVP analysis and its significance of financial management of a travel and tourism sector of AHTC 1 B) Describe various pricing methods 2 c) Factors that influence profit in AHTC 4 TASK 25 2.1 Type of management accounting information5 2.2 Assess the use of investment appraisal technique 7 TASK 37 3.1 Interpretation of ratios 7 TASK 49 4.1 Analyse sources of funding 9 CONCLUSION 9 REFERENCES

CVP Analysis and Finance and Funding in the Travel and Tourism Sector

   Added on 2020-01-07

ShareRelated Documents
Finance and Funding in theTravel and Tourism Sector
CVP Analysis and Finance and Funding in the Travel and Tourism Sector_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1A) Describe CVP analysis and its significance of financial management of a travel andtourism sector of AHTC..............................................................................................................1B) Describe various pricing methods..........................................................................................2c) Factors that influence profit in AHTC....................................................................................4TASK 2............................................................................................................................................52.1 Type of management accounting information......................................................................52.2 Assess the use of investment appraisal technique.................................................................7TASK 3............................................................................................................................................73.1 Interpretation of ratios...........................................................................................................7TASK 4............................................................................................................................................94.1 Analyse sources of funding...................................................................................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
CVP Analysis and Finance and Funding in the Travel and Tourism Sector_2
Index of TablesTable 1: Ratios of Thomas Cook.....................................................................................................7
CVP Analysis and Finance and Funding in the Travel and Tourism Sector_3
INTRODUCTIONFinance is important element of an entity that helps in improving the existing businessconditions of an entity. AHTC organisation has been selected for the given project report whichis all about travel and tourism industry who utilises variety of financial resources. This reportfocuses on CVP analysis that help an entity in order to select appropriate pricing strategies ingenerating higher sales and the revenue. Ratio analysis is used as comparison tool in improvingthe existing business functioning.TASK 1A) Describe CVP analysis and its significance of financial management of a travel and tourismsector of AHTCCost volume profit analysis is used by an enterprise owner in order to analyse its presentby emphasises on the desired aims and the objectives of the business in order to grab highermarket advantage (Stewart, 2014). This particular analysis focuses n three components such ascost, sales and the revenue and its overall effect on the profit generated by an enterprise within agiven span of time. This particular analysis emphasises on determining the importance of costsas it affects the existing sales and the revenue of an entity which will create various changes inthe profitability of the business enterprise. The current analysis is based on evaluating thesignificance of costs in the business enterprise as employer tries to minimise its existing costs inorder to increase its overall market share. This analysis is highly concerned with assessing thecurrent performance of an entity as the scope of the business get increases with the passage oftime.It is related with the break even point concept in which efficiency of the business getincreases with the given span of time as the focus of an entity lies on the overall performance ofthe business enterprise. In the given concept, break even point are used in order to increases thesales and the revenue generated by an entity. Sales will be generated by an entity only if theysurpass the existing break even point (Deakins and North, 2016). This shows the equalisation ofinitial investment applied in the business in relation with the future cash flow generated by aparticular project in the near future. Costs factor is taken as an important tool that enhances thecapabilities of a business which will be increases over a certain period. External market changes1
CVP Analysis and Finance and Funding in the Travel and Tourism Sector_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Concepts of CVP analysis and Its Importance : Report
|13
|4326
|233

Finance and Funding in Travel and Tourism Assignment Solution
|19
|4617
|39

CVP Analysis in Travel and Tourism Finance and Funding in Travel and Tourism INTRODUCTION 3 TASK 14 a. Definition of CVP Analysis and its importance in financial management
|14
|3715
|277

(Solved) Finance and Funding in Travel and Tourism Sector
|14
|4146
|75

Finance and Funding in the Travel and Tourism - Assignment
|15
|3912
|107

UNIT 2 Finance and Funding Assignment
|13
|3622
|52