Marks & Spencer.

Applied Financial Skills Financial Analysis: label & deoxyadenosine monophosphate; Spencer Submitted to: Charles Sandilands Leeds metropolitan University Business School Submitted by: Craig Slater Date of ingress: 23rd January 2003 Introduction This report analyses the financial position of label & angstrom unit; Spencer, one of the UKs leading retailers of clothing, foods, home ware and monetary services, serving 10 million customers a week in over 300 UK stores. The Company also trades in 30 countries worldwide, and has a Group turnover in excess of £8 billion. Firstly, the financial analysis will outline Marks & Spencers current financial position. Furthermore we will discuss the method in which the company makes financial decisions. The analysis will pray the evaluation of common accounting statements such as proportion sheets, profit and loss accounts and cash flow statements. The Accounting rhythm Traditionally vexationes turn on a twelve-mont h cycle which may be the equivalent as the cal firear grade January to celestial latitude or by chance the same as the tax income year, 6 April of one year to the 5 of April of the next year. Alternatively, some(a) demarcationes operate from the date the business first began to trade, for example 1 July of one year to the 30 June the next year.

During the twelve-month period the business receives many documents of a financial nature which have to be entered in the books of account victimisation either a manual(a) or a calculating machine system. At the end of separately month the books are usually equilibrate up an d a trial balance prepared from which the u! tmost accounts (to be discussed later) may be prepared. Also, at the end of each month, neat accounts are usually settled, wages and salaries are remunerative and property received during the month from the organisations debtors are all recorded. Most organisations exemplar computer system accounts, at the end of each... If you want to resort a full essay, order it on our website: OrderCustomPaper.com

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