Managerial Finance: Analysis of Tesco & Sainsbury's Financial Performance

This article provides an analysis of the financial performance of Tesco and Sainsbury using ratio analysis. It discusses the calculation of various ratios such as current ratio, quick ratio, net profit ratio, gross profit margin, gearing ratio, price earnings ratio, earnings per share, return on capital employed, stock turnover ratio, and dividend pay-out ratio. The article also highlights the reasons for the poor performance of Tesco and suggests strategies for improvement.