Explain How Ratios Could be used to Compare the Company's Liquidity - Management Assignment Help
- Country :
United Kingdom
Assignment Task:
Task:
- cash movement for the year (with reference to underlying accounting assumptions and accounting concepts)
- . The Directors are keen to compare their forecast results with their competitors. Explain how ratios could be used to compare the company's liquidity with its' competitors results (Calculations are not required)
a. An appendix (created as an Excel workbook) which shows :
• The following budgets (on a single worksheet) on a monthly basis for the 12 months ended 31' March 2021 in as much detail as the information given allows (you should also include a total column for the year): The Production Budget (in units) u. The Sales Budgets (in £) The Materials Purchases Budget (in £) The Direct Labour Budgets (in £) ..The Overheads Budgets (in £)
• Cash Budget for the company on a monthly basis for the 12 months ended 31' March 2021 in as much detail as the information given allows (you should also include a total column for the year)
• A single forecast Income Statement (Profit and Loss Account) for the whole of the year
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