Financial Management Assignment
UNIVERSITY OF SUNDERLAND
LEVEL M
MODULE: FINANCIAL MANAGEMENT & CONTROL
ASSIGNMENT CODE: PGBM01
TUTOR: Mr.Sum
DUE DATE: 20/01/2012
Return date: 20/01/2012
Assessment weight: 100% of module
Outcomes Assessed:
All module learning outcomes, knowledge and skills, are assessed in this assignment.
This assessment is in four parts, please answer all elements.
Please note that this is an individual assignment and the policy of the University on “Policy on Cheating, Collusion and Plagiarism” applies.
Please write your Tutor’s name clearly on the front of the assignment.
Part A
Prospect Plc2
You are a financial analyst at Prospect Plc; a public limited company specialised in manufacturing and distributing office furniture. The Board of Directors have looked into the financial statements of the company for the last two years and have raised a concern about the company’s profitability and liquidity. The financial statements of Prospect for the last two years are given below
Profit and loss account for the year ended 31 December
| | 2011 | 2010 |
| |£000 |£000 |£000 |£000 |
|Sales | |12,650 | |11,000 |
|Cost of sales: | | | | |
| Opening stock | 250 | | 200 | |
| Manufacturing costs |6,880 | |5,200 | |
|
LEVEL M
MODULE: FINANCIAL MANAGEMENT & CONTROL
ASSIGNMENT CODE: PGBM01
TUTOR: Mr.Sum
DUE DATE: 20/01/2012
Return date: 20/01/2012
Assessment weight: 100% of module
Outcomes Assessed:
All module learning outcomes, knowledge and skills, are assessed in this assignment.
This assessment is in four parts, please answer all elements.
Please note that this is an individual assignment and the policy of the University on “Policy on Cheating, Collusion and Plagiarism” applies.
Please write your Tutor’s name clearly on the front of the assignment.
Part A
Prospect Plc2
You are a financial analyst at Prospect Plc; a public limited company specialised in manufacturing and distributing office furniture. The Board of Directors have looked into the financial statements of the company for the last two years and have raised a concern about the company’s profitability and liquidity. The financial statements of Prospect for the last two years are given below
Profit and loss account for the year ended 31 December
| | 2011 | 2010 |
| |£000 |£000 |£000 |£000 |
|Sales | |12,650 | |11,000 |
|Cost of sales: | | | | |
| Opening stock | 250 | | 200 | |
| Manufacturing costs |6,880 | |5,200 | |
|