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Accounting and Finance Essay

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Below is an essay on "Accounting and Finance" from Anti Essays, your source for research papers, essays, and term paper examples.

Business School: Accounting and Finance
MSc Managerial Finance (ACC7001)
Assignment (2)
March 2012
The assessment for this unit is this one coursework assignment. The required pass mark
has been set at 50%.
This is an individual assessed assignment. There is no objection discussing the content and
approaches to be adopted but the final submission you must make 100% your OWN work.
PLAGIARISM WILL NOT BE TOLERATED and may lead to subsequent penalties being imposed.
There are three questions. All three questions should be attempted and submitted together. Your
answer should be typed and submitted in Word format. This should be carefully checked before
submission for the use of appropriate grammar and the use of correct ENGLISH spelling.

When determining the amount of effort and the words for each section of the assignment it will be
advisable to examine the weighting of the marks allocated to each question. If any part of the
assignment is ignored then this reduces the maximum marks that potentially could be earned.
This assignment will require a considerable personal investment of your time and effort. This is an
individual assignment and all calculations and analysis submitted must be your own work.

The submission deadline is 16th April 2012 1200 hours to the Post-Graduate
Programmes Office. Word limit for part C of the assignment is a maximum of 2,000 words
excluding the bibliography

Dr Philip Talbot
Module Leader
Q1
Presented below are the financial statements Fuller, Smith and Turner Plc.

Fuller Smith and Turner Plc   Group Statement of Comprehensive Income For the year ending 27th March 2010 | 2010 | 2010 | 2010 | 2009 | 2009 | 2009 |
| Before exceptional items£m | Exceptional items£m | TOTAL£m | Before exceptional items£m | Exceptional items£m | TOTAL£m |
Revenues | 227.7 | - | 227.7 | 210.0 | - | 210.0 |
Cost of Sales | (73.2) | - | (73.2) | (68.3) | - | (68.3) |
Gross Profit | 154.5 | - | 154.5 | 141.7 | |...

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