Compare the accounts of two major supermarkets

Introduction to Report The attached report ordain collapse and compare the fiscal status of two UK supermarkets, Morrisons plc and Somerfield plc, for a say-so investor who wishes to become a minor shareholder in bingle of the two companys. To carry out this investigation the 2002 fiscal accounts of some(prenominal) companys charter been used, this information will also include the financial data from the 2001 encompassing stop, for further proportion in the thick of years. Please note the following points ~ a, For both companys the period for 2002, includes 52 weeks trading and the period for 2001, includes 53 weeks trading. No transformation for this disagreement has been chthoniantaken, as both companys have the same dissension and to expurgate the figures would only result in minor alterations and no portentous changes to the conclusions made in the report. b, As each posture of financial accounts is shown in different formats between the two companies, wit h the confused components and determine represented at different stages and headings. I have re-structured the mesh & group A; loss accounts and the balance sheets for the two companys. So that the relevant information is shown in a standard, Profit & vitamin A; Loss Account and Balance Sheet, therefore making comparisons between the two companys easier and more beneficial.

Where this has not be possible and strength conflicts of interest have occurred, these limitations to the analysis have been noted and make out in the report text. c, The writer of the report has no conjunction to either company, through e mployment or otherwise. Company commentar! y W.m. Morrisons Supermarkets plc operates 113 Morrisons supermarket stores ( 4,039 thousand sq.ft ) throughout the United Kingdom. The Companys supermarkets sell groceries, fresh and wintery foods, home and unemployed products, music and video, health and beauty products. It offers everywhere 20,000 different products under its own or other... If you want to shit a full essay, order it on our website: OrderCustomPaper.com

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