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Financial Decision Making

   

Added on  2023-01-11

14 Pages3847 Words86 Views
FinanceLeadership ManagementMaterials Science and EngineeringLanguages and Culture
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Financial Decision Making
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Contents
INTRODUCTION.......................................................................................................................................3
TASK 1.......................................................................................................................................................3
Overview of company.............................................................................................................................3
TASK 2.......................................................................................................................................................7
Calculation of the ratios to analyze company performance:....................................................................7
Interpretation and analysis of financial ratios:.........................................................................................7
CONCLUSION.........................................................................................................................................10
REFERENCES..........................................................................................................................................12
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INTRODUCTION
Financial decision is the final decision that a reasonable individual takes in order to make
a sensible decision. The corporation's accountant files annual statements with the importance of
cost details. Each organization entity gathers account statements which are used to demonstrate
the economic position of the managing industries. This report's significant aim is to explain how
market issues invest in mutual funds as well as how to develop the company (Anderson, Baker
and Robinson, 2017). This report based on the Alpha limited company that is started back in
1954. The study would cover different subjects like the distinction among finance department
and accounts and the significance of accounting and financial feature. In addition, this study
addresses the accounting formula such as the return on capital employed, the current ratio,
ALPHA Limited's debtor collecting duration and lender accounts receivables used to make the
corporate accounting decision. It is using the most successful "Save Money, Live Better" slogan
that has impacted the individuals.
TASK 1
Overview of company
The business Selfridges is also recognized as Selfridges & Business. Harry Gordon
Selfridge formed this business in 1908, and is the second biggest division store in the UK. The
key items of the business concern fashion and cosmetics for men, women and children. Besides
that, they market some other items like costume jewelry, clocks and many others. It was founded
in 1908 by Harry Gordon Selfridge. The shopping center on London's Oxford Street is the 2nd
biggest supermarket in the UK (after Harrods) and launched on 15 March 1909.[4] Other
Selfridges shops operated in Manchester's Trafford Center (1998) and Market Place (2002), and
in Birmingham's Bullring (2003).
Different kinds of management accounting techniques
Management accounting: Management Accounting is the summary of accounting information
to determine the organization's objectives to be followed and to support these day-to-day
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