Financial Decision Making (Business Management) - Roles and Duties of Accounting and Finance Department, Ratio Analysis
VerifiedAI Summary
This report discusses the roles and duties of accounting and finance department in financial decision making for SKANSKA PLC. It also highlights the importance of ratio analysis in evaluating the financial performance of the company. The report concludes that the efficiency with which the capital is being employed in the business is decreasing as compared to the previous year. The major reasons for the decreasing return on capital employed is the falling operational efficiency in the business and the poor reinvestment of the funds provided by the investors to the company.