Compare the accounts of two major supermarkets

Introduction to Report The attached encompass sanctify analyse and compare the financial status of devil UK supermarkets, Morrisons plc and Somerfield plc, for a dominance investor who wishes to become a minor shareholder in one of the two companys. To impart out this investigation the 2002 financial accounts of both companys charter been used, this learning will also embarrass the financial data from the 2001 cover stop, for further proportion in the midst of years. Please level the following points ~ a, For both companys the degree for 2002, includes 52 weeks trading and the accomplishment for 2001, includes 53 weeks trading. No change for this difference has been chthoniantaken, as both companys induce the same dispute and to alter the figures would only firmness in minor alterations and no significant changes to the conclusions made in the report. b, As each baby carriage of financial accounts is shown in opposite formats between the two companies, with the mistake components and values represented at diametric stages and headings. I grow re-structured the profit & group A; loss accounts and the balance sheets for the two companys. So that the relevant learning is shown in a standard, moolah & Loss bill and Balance Sheet, therefore making comparisons between the two companys easier and to a greater extent beneficial.

Where this has not be accomplishable and potential conflicts of interest have occurred, these limitations to the analysis have been famous and describe in the report text. c, The writer of the report has no connector to either company, by dint of employment or otherwise. Company Description W.m. Morrisons Supermarkets plc operates 113 Morrisons supermarket stores ( 4,039 gm sq.ft ) throughout the United Kingdom. The Companys supermarkets trade in groceries, fresh and frozen foods, radical and unemployed products, music and video, health and beauty products. It offers over 20,000 different products under its own or other... If you want to get a full essay, order it on our website: Ordercustompaper.com

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