Coursework Assignment Introduction to Financial Management

Assignment Introduction to Financial Management - Coursework Example Although the sales revenue of the company has been increasing over the past four years rapidly but only the sales figure does not represent the performance of the company. The involvement of the cost incurred by the company should be analyzed as well. With the increasing sales revenue the cost is increasing as well. The company no doubt improved the sales but was not able to control the cost incurred for the period. Although the sales increased but the operating profit and profit before tax does not show such improvement which reflects company’s poor performance regarding cost effectiveness. In the statement of the chief executive the sure way for the increase in the shareholders’ wealth is the increase in the sales and the increase in the assets of the company. Shareholders’ wealth shall be increasing when the company performance increases and the reserves of the company increases. The increase in the net profit of the company shall be the determinant factors, which ensures shareholders’ wealth as the performance of the company enhances. The increases in the assets of the company compose of inventory and receivables. The increase in the inventory of the company reflects that the company s not able to sell the inventory and the inventory is stocking up. The increase in the receivables increase the risks of defaults and there is no provision for the doubtful debts thus the increase in such assets shall not be depicting the increase in the shareholders’ wealth. The statement of chief executive of the company reflects that the relevant costs of the investment project have not been taken accordingly and there are many errors in that too. All the relevant costs are not accounted for in the appraisal of the project. There are costs that are completely ignored in the evaluation of the project. The opportunity cost of the contribution foregone of the existing hotels that amounts to the total of

IN REPORT FORMAT,EVALUATE THE EFFECTIVENESS OF AN ORGANIZATION OF YOUR Essay

IN REPORT FORMAT,EVALUATE THE EFFECTIVENESS OF AN ORGANIZATION OF YOUR CHOICE WHICH CAMPAIGNS OR ADVOCATES FOR CHILDREN,YOUNG PEOPLE AND FAMILIES - Essay Example (BBC News, 2007) Butler (2007) reported that NSPCC was able to raise as much as  £250 million through public campaigns since 1999 aside from the fact that the independent charity organization received a total of  £30 million from the government fund during the past four years. Despite the large sum of money gathered to combat child abuse throughout the United Kingdom, the number of children below the age of 15 years old who die from physical abuse and negligence throughout the United Kingdom has increased from 0.4 to 0.9 deaths per 100,000 children (Guardian, 2003; Unicef, 2003). As part of discussing NSPCC’s campaign and advocates for children, young people, and families, the work and involvement of NSPCC in terms of dealing with young people through ‘child line’ and families will be tackled followed by going through its impact over the life of millions of children, young children, and families. Eventually, the effectiveness of NSPCC’s campaigns and advocates for children, young people, and families will be assessed using a brief one-on-one interview with randomly selected children below the age of 18 combined with the public news and reports of NSPCC’s performance. Launched back in 1986 (NSPCC, 2008k), the main purpose of NSPCC campaigners for children is to give courage to children who have been a victim of domestic abuse to speak up against the person who abuses the child physically, verbally and/or emotionally. With the use of ChildLine and NSPCC HelpLine including its online and text message services (NSPCC, 2008b & 2008d), NSPCC advocates can extend their support to children who need advices on issues related to bullying, sexual, emotional or physical abuse, self-harm, and family-related problems among others (NSPCC, 2008g). Eventually, NSPCC will help the callers to find ways to solve their problems. Given the large number of