Financial Analysis Essay Example | Topics and Well Written Essays - 2000 words - 3

Financial Analysis - Essay Example For this purpose, the performance of the company for the last few years has been taken into consideration. The results are compared with that of its competitors to determine the relative position of the company within the industry. Comparison will also be made with the industry standards to determine the effectiveness with which it manages its performance. Marks & Spencer (M&K) is a UK based retail company that offer products known for their high quality. The product portfolio of Marks & Spencer is highly diversified, comprising of food products, household related goods, apparel and many more. The company started as a single retail store in early 1884 and became an international retail chain in a matter of few years. Within a time span of 125 years, the company had diversified itself and entered more than 41 overseas territories. It boasts of 21 million footfalls per shop per week (M&S-a, 2010). To determine the short term performance of the company, its financial statements for the last three years will be taken into consideration. This time period will be stretched to 5 years to understand its long term trend. To determine the current position of the company, its present performance in 2009-2010 is compared with that of 2007-2008. Such comparison is initiated to understand the effect that economic recession had on the company. This will also help to analyse how the company managed to overcome the recessionary phase. Reports have revealed that recession had no major impact on the total revenue of the company. Only, a fall of 0.44 percent was registered in the total revenue. However, the operating profitability did suffer a fall of 28 percent. In the same way, the net profit (profit after tax) also reduced by 38 percent. As the operational cost increased, the management reduced its net debt by 19 percent. From the above fact and figures, it can be concluded that the revenue of M&S was affected marginally

Analysis summary based on common ground paper Essay

Analysis summary based on common ground paper - Essay Example Today, people would like to know the factors why Saginaw was totally left behind, neglected in terms of socio-economic-political growth as compared with its other neighboring cities. This paper attempts to present some valuable insights that may contribute later to a deeper situational analysis of Saginaw as well as cite and emphasize the missing elements that must be provided with full support and attention. Saginaw is supposed to take the road towards change for a Better Saginaw. This means that all existing resources, strengths, opportunities as well as its exigent problems must be contained in a holistic plan that will address the needs of the city and its people and bring about changes that will chart its development. Moving towards this route, Paoli and Sarah Pedini have already pointed out that Saginaw has the most important resource of all, its People, who they claim are inherently artistic and creative. Should these traits be properly harnessed, utilized, supported and linked with local and international based commercial businesses, these can bring significant revenues to Saginaw. They also mentioned that Saginaw takes pride in promoting its existing old ancestral structures like museums, natural wildlife habitats, spaces for productive cultural activities, parks, etc. that could be developed to attract and develop its tourism industry. In addition, Dr. Chris Schilling, a resear ch Engineer (SVSU) and also a resource person, expounded on the different potential resources of Saginaw which can be tapped and developed as new Saginaw showcase industries (e.g. combined wind- solar industry, energy farming and recycling industry) that will attract external investors who will bring more jobs and income to the city of Saginaw. Like any other city, Saginaw faces deterrent factors to its development as well as new challenges. Greg