This report provides a comprehensive analysis of financial decision-making, focusing on the context of SKANSKA PLC. The first task introduces the concept of management accounting, its techniques (including financial statement analysis, financial planning, cash flow statements, costing methods, decision making, and budgetary accounting), and its importance in planning, controlling, and decision-making processes. A critical analysis of how these techniques enhance company practices is also included. The second task involves a detailed ratio analysis of SKANSKA PLC, calculating and evaluating key financial ratios like net profit margin, return on capital employed, current ratio, and creditor and debtor collection periods for the years 2018 and 2019. The report concludes with an evaluation of the company's financial performance based on these ratios and offers recommendations. The report leverages financial data and provides insights into SKANSKA PLC's financial health and management accounting practices.
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