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Financial Accounting Assignment - Whitbread Plc (U.K) and Greene King Plc (U.K)

Added on - 08 Dec 2020

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FINANCIAL ACCOUNTING
Table of ContentsINTRODUCTION...........................................................................................................................1ANALYSES.....................................................................................................................................1CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7Books and Journals.....................................................................................................................7Online:.........................................................................................................................................7
INTRODUCTIONFinancial Accounting means the accounting for financial purpose and it is the process ofrecording, summarising, classifying and reporting the transactions which are of financialcharacter and interpreting the results of an accounting period. The transactions are classified inpreparation of financial statements, including balance sheet, income statement and cash flowstatement, are the consolidate financial reporting statements which depicts the company's overallperformance(Edwards, 2013). Overall, under the financial accounting several consolidatefinancial statements are prepared in order to report the financial position of the company to itsusers, both internal users and external users.This study pertain the information about the financial accounting and to define it briefly ,it comprises with the evaluation of financial ratios of two companies namely Whitbread Plc(U.K) and Greene King Plc (U.K), on year-on-year basis. Also the financial and non-financialfactors that influences the workings of these two companies.ANALYSESFinancial analyses of two companies, Whitbread Plc (U.K) and Greene King Plc (U.K)with the help of their financial ratios in order to present a comparative analysis on the basis offinancial ratios namely; Management efficiency ratios, Valuation and growth ratios andoperating ratios.Financial Ratios (2018)Whitbread Plc(U.K)Greene King Plc(U.K)Operating ratiosReturn on Equity16.438.12Return on Assets9.143.01Day sales outstanding19.6512.06Day inventory ratios45.9712.73Management efficiency ratios7.9428.68Inventory turnover ratio18.5830.27Total assets turnover ratios0.690.4Receivable turnover ratiosValuation & Growth Ratios1
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