British Telecom or BT is one of the leading telecom companies in UK besides having presence in more than 170 countries. The company is registered on London as well as New York Stock exchanges with total capital of
BT has a very rich history full of successes as well as failures as BT, in recent past, has been able to transform itself into a competitive organisation with focus on growth and achieving value for its shareholders…
Download full paperFile format: .doc, available for editing
Download file to see previous pages
A closer look at the website of the company would suggest that its business is divided into three different segments.
Its consumer segment provides services such as Broadband, digital TV, home phones etc. consumers are also offered some bundled packages like Broadband and TV together. Its Small and Medium Business segment provide broadband facilities to the businesses along with offering other services such as web hosting & ecommerce as well as management of email and internet facilities at its clients. Its large business and public sector segment offer services such as networked IT services, Industry expertise, in-house facilities and other high end services.
The following section of the report will present an analysis of the forecasted financial performance of the company as on 31.03.2009. For detailed working of the facts and figures, please see the attached appendix.
1) Sales growth will be taken from the historical trends of the sales growth in last five years. Though the GDP growth Of UK can be considered as an alternative but since company works in more than one country therefore its historical sales growth will be taken while projecting the sales growth as on 31.03.2009.
2) All the cost items will be forecasted by taking their relationship with the sales i.e. as % of sales.
3) No dividends will be paid
4) No fresh injection of equity except increase in it through retained earnings.
5) Taxation is not being computed as per the laws enforced but as a % of the total revenue of the company.
Forecasted Financial Performance
In order to assess the core ratios of the firm, we have taken four most important ratios into account.
First ratio is return on sales or net profit margin suggesting that the historical performance of the company is somewhat mixed and consistent and the predicted results have also suggested that the company has been able to maintain its profitability with upward trends. This also can be attributed to the decreased interest expenses.
Asset turnover is the second key ratio which suggests how the assets of the company are managed in generating the value for the firm. The assets turn over of the firm consistently remained under 1. It may indicate that the firm has assets which are relatively new and are recorded at high cost. Since the company deals with providing services which require high investment into technology which is changing therefore high asset values of the firm may be justified.
Asset leverage suggests the use of equity and debt in acquiring the assets of the company. The predicted figure suggests that the asset leverage has continuously declined due to the injection of fresh equity into the business as well as increased profitability. Asset leverage also indicates towards the fact that the management may have more inclination towards the use of the debt into acquiring the assets. The use of debt also suggests that the firm may utilize
...Download file to see next pagesRead More
Cite this document
(“The Rusting Process Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
The Rusting Process Essay Example | Topics and Well Written Essays - 2000 words. Retrieved from https://studentshare.org/science/1534891-the-rusting-process
(The Rusting Process Essay Example | Topics and Well Written Essays - 2000 Words)
The Rusting Process Essay Example | Topics and Well Written Essays - 2000 Words. https://studentshare.org/science/1534891-the-rusting-process.
“The Rusting Process Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/science/1534891-the-rusting-process.
Based on the client’s requirements, a software team from a software development firm devises a tailor-made software solution for the client. Development of a software product is usually a process that entails extensive research, development, maintenance, modification, re-engineering and other activities aimed at creating a well-developed software product (Jawadekar, 2004).
The author of this research paper evaluated a number of research works pertaining to process costing and its different fields of study. As the author has a keen interest in costing of the products and their designing and manufacturing processes, the evaluation of previous literature is helpful in identifying areas of further study.
Mrs. Diane Ackerman shows the process of our life in its complete sense and symbolizes the changes in human life to the changes that take place in the life of a leaf. Therefore, human beings, just as the green leaves, are born to the nature and they go through a process of life which leads them to death and when they are dead, they become dirt or dust, similar to the other elements of nature.
It is observed when metals come into contact with moisture or when submerged in water even for a short period of time. It has been a common sighting since the introduction of iron in human civilization. What seems like a trivial occurrence in everyday tools and structures is actually a special concern for the industrial sector since it contributes to a significant loss to the world's economy.
The company is currently challenged in these areas. It's operation is presently composed of six stages namely, order taking, assembly of ingredient, tossing and molding the pizza shell, assembly of pizza, waiting, and cooking (Appendix 1). The total capacity of Mancala's Pizzas is 30 pizzas per hour which is directly dependent on the maximum output that can be generated by the tosser (Appendix 2).
The author states that a metal drum corrodes since it is exposed to the factors that are favorable for corrosion. Since the problem has already occurred, there are various remedies that could be used in controlling the situation. Welding would be an option to eradicate the cracks and leaking places.
ice personnel position begins with an explicit definition of onboarding process objectives which include the following: (1) assist the new employee in assuming the role and in immersing in the expected responsibilities; (2) orienting the new employee in the organization’s
The authority matrix in the company is competent enough to ensure a transparent recruitment process (Lee, 2012:18). The individuals that run this process include: HR Manager, HRBP, Recruitment Manager, Line
The paper will also outline an opinion as to which organization has the most effective selection elements.
According to its official website, The Drug Enforcement Administration (DEA) has improved its application process by enhancing
2 Pages(500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"The Rusting Process"
with a personal 20% discount.