Financial Position PZ Cussons Ghana started operation in the then Gold Coast in the 1930s as a trading concern imported goods from Europe for distribution and sale in the Gold Coast and West African as a whole. It is one of the first companies to have been listed on the Ghana Stock Exchange in the early 1990’s. PZ Cussons Ghana currently has a stated capital of GH¢ 21,600,000. It also has 200,000,000 authorized shares and 168,000,000 issued shares (PZ Cussons Ghana, 2013). PZ Cussons Ghana performed not too badly under the 2013 review, leading the pack of companies, which recorded improved performances on the Ghana Sock Exchange, with a 338.89% appreciation in its share price. Additionally, at the end of the year 2013, PZ Cussons was one …show more content…
has been classified as a consumer goods business with a clear focus on manufacturing and distributing familiar household brands that meet personal care, beauty, home care, food and nutrition as well as electrical needs. A careful glance at PZ Cussons Ghana and its financials presents the company as one that is doing fairly well. …show more content…
Profitability is the basic measure of the overall success of an entity. Test of profitability focuses on the adequacy of profit by comparing it with other items reported on the financial statements including assets used, capital employed and revenue generated. Profitability ratios calculated are Profit Margin, Return on Assets and Return of Equity. Profit margins Calculated (Net income)/Revenue Profit margins of PZ Cussons Ghana are not too encouraging. The extremely low profit margins are an indication of the company’s inability to convert its sales into profits in spite of increasing sales of GH¢ 66 million in 2011, to GH¢ 97 million in 2013. Low net incomes recorded in their statement of comprehensive income are also an indication of this. Profit Margin was It can also be concluded from the computation of the profit margin ratio that PZ Cussons Ghana does not make enough profits to meet its financial obligations such as dividend and loan repayment. This could be attributed to the company incurring a lot of expenses in those years, leaving very little profit to be distributed as dividends and loan pay-backs. Return on Assets: Calculated (Net Income)/(Average Total
Profitability The gross profit for Kohls was $6,925,000 and its net sales were $19,023,000. Kohls ended with a gross profit ratio of 36.4. (Kimmel,2013) c. Solvency Solvency ratios measure the stability of a company and its ability to repay its debts.
Speaker The speaker is Annie Dillard, who is also the author of the book. In Holy the Firm, the author expresses her thoughts in regard to questions such as the reason that humans are created by God; the meaning and essence of God’s work; and the relationship between the believers and God. Dillard encounters great conflicts in her belief in God when she saw that a girl in her neighbour’s farm was burned by a plane crash. She starts to question whether every act of God has any real meaning in it and if it does, why would God let a innocent girl be burned by excruciating fire at such a young age when she has done nothing wrong. She even wonders if God is just a powerless creator who has no power to save those who suffer from atrocities.
The last product that this company produces are the flow controllers. Flow controllers are products that are very customizable but are not as competitive on the market demanding higher prices. The planned gross margin for the flow controllers was 35% with an actual margin of 41.%. There was a significant increase without the loss of any business. The Wilkerson company have a quality leadership team; however, there are some things that needs to be changed for the company to succeed and prepare for potential price
“The First Day” by Edward P. Jones is a short story written in 1992. The short story is about an African American mother taking her young daughter to school for the first time. The daughter becomes ashamed of her mother because she sees where her education level is at. The mother is also ashamed of herself because she didn’t get education throughout her life. In “The First Day” the opening scene sets the tone for challenging the status quo and creating a life of success.
Mr. Junot Díaz’s paper titled “The Money” is a paper about the struggles of growing up as a Dominican, or less specifically an immigrant, in America. The paper offers a brief gimps into Mr. Díaz’s life as a young man, it shows his family structure and his neighborhood structure. It shows the type of people he had to deal with growing up and how he handled the way these people acted. The point of the text is to show how Mr. Díaz lived as a young man though one specific life experience.
Richman Investments. Internet Access and Email Use Policy William Moreno Friends University 09/30/17 Richman Investments provides company email and internet access to all of its employees for the strict purpose of conducting business relevant to Richman Investments and any third-party vendor therein. The Purpose of an Internet Access and Email Use Policy: To establish regulations and guidelines for company employees to protect the intellectual property and digital assets of Richman Investments by providing written clarification of what is considered permissible use, and to furthermore differentiate acceptable usage from usage that is in violation of company policy. Acceptable Usage: 1.
Metro’s profit margin is also about double the percentage of Loblaws which demonstrates that Metro is better at taking revenue and turning it into profit than Loblaws. This company’s net earnings had a large increase of 12.9% from the previous year. The profit margin is important for shareholders because it shows them that the company is efficient and profitable. In addition, food deflation should ease in the next quarters so this will help grocery retailers, like Metro, to increase their profits and
b) Profitability Profitability ratios are used in an effort to evaluate management’s ability to monitor and control expenses, and to earn a profit on resources committed to the business. These particular ratios assess a company’s strengths and weakness, operating results and growth potential. Moreover, they measure on the efficiency of assets being used to generate net income and sales. The higher the ratio, the more effectively a company is using their assets.
A profit and loss statement or P&L is a financial statement that recapitulate the revenues, costs and expenses sustained during a specific period of time usually taken place in a budgetary quarter or a year. The data acquired by this method is used to provide information of the company’s ability or loss thereof to generate profit by increasing revenue (+) or reducing costs (-) or sometimes even both. The year of 2017 has been a rough year for major independent record labels, in terms of the album sales that have continued to decline steadily throughout the past few years due to the presence of other music streaming platforms and according to Amy Macy, “the consumers [began] looking elsewhere to satiate their burgeoning musical
What insight is provided by the new profitability analysis? What should Alice, Inc. do to enhance its profitability? What options may be available? Analyze the profitability of the two products
ECONOMIC Regarding the economy, Amazon needs to face the American and European money related emergency, which has seen their income reduction amid 2008. Monetarily confounded times have a tendency to change customers' buy propensities and this one is no exemption, with new gatherings as the infuriated shopper and new concentrate on value getting to be a piece of the new reality. The organization has four great perspectives to draw upon however, in order to minimize the effect. Initially, it effectively survived an emergency amid the .com rise of 2000, so it has past experience taking care of storms.
(WACC) = 0.6× [(1-0.44)10.25] + 0.4 × 18.49 = 10.83% Did you use arithmetic or geometric averages to measure rates of return?
Analysis of Financial Statements Student number: 10221450 Word count: 2993 words Excluding Bibliography Course code: B9AC106 Course title: Financial Analysis Lecturer: Mr. Enda Murphy Company: Whitbread PLC Table of Contents 1. Whitbread plc 3 Financial Ratio Comparison 6 1.1 Profitability Ratio 6 1.2 Liquidity Ratio 9 1.3 Efficiency Ratio 11 2. Intercontinental hotels group plc and Ratio Comparison with Whitbread 12 3. 10% Stake in Intercontinental Hotels Group PLC 13 Conclusion 16 Market Value and Book Value
However, financial performance subsists with different levels of organisation, which is concerned with measuring financial performance of organisation. These measures are categorised into four that includes profitability, gearing, liquidity or working capital, and investor ratios. However, the financial plan of organisation is associated with operating plan since financial plan involves revenue and expenses for the activities that are linked with each objective. Hence, the main reason, in monitoring financial plan is to audit the committee (Hasan, 2011).
The used of Unilever’s portfolio of categories, channels and geographies is to discover the growth and profitability throughout the period of time. Hence, Unilever Plc should make best investment decisions. Customer Relationships Successful customer relationships are vital to their business and continued growth. Maintaining strong relationships with customers is necessary for Unilever brands to be well presented to their consumers and available for purchase at all times. The strength of their customer relationships also affects their ability to obtain pricing and secure favourable trade terms.