Gain Immediate access to our Essays
FREE access exchanged for your work, or pay £9.99
Words: | Submitted: Mon Jun 19 2006
... and consist of its main operations of retail and finance rather than smaller business it may own in the U.K or abroad. 4) i) Total Assets = £3760.7m Total Liabilities = £1750.8m Difference = £2009.9m ii) The difference in the balance sheet represent, at the end of a year the total amount of cash a business has tied up in the business which some of can be liquidated. After taking away all the money that the business owes to either banks or creditors. The group balance sheet shows this is the amount of total current assets the business has and may use if it is needed; it also shows shareholders that the business has some money to use if needed. 5) i) The group's profit after tax for this accounting period is £153.4m. Therefore the net profit margin is 153.4m/8153.4m*100%= 1.88% The groups Previous years profit after tax is £(4.0) m. ...
FREE access exchanged for your work, or pay £9.99