Finance Report: Greggs plc. and Tekna Electronics Financial Analysis

This report presents a comprehensive financial analysis of Greggs plc. and Tekna Electronics. It begins with a detailed ratio analysis of Greggs plc. for the year ended December 28, 2019, covering liquidity, solvency, profitability, efficiency, and interest coverage ratios. The report then delves into investment appraisal techniques for Tekna Electronics, evaluating three potential projects using accounting rate of return, payback period, and net present value methods. A cash budget for Tekna Electronics is also provided, covering the months of July to October 2021. The report further includes a discussion on Greggs plc.'s profitability and cash operating cycle, highlighting inefficiencies and suggesting improvements. Finally, it examines different types of budgets and their suitability for Tekna Electronics, recommending a flexible operating budget to address operational challenges. The analysis uses financial statements and provides calculations to support the findings.