Jet2 Task Suggestions Essay

1378 WordsApr 22, 20136 Pages
1. Task 1 Focus most heavily on Chapters 7 and 14 for this first task Horizontal Analysis: What is a horizontal analysis? What does a horizontal analysis tell you about a company’s performance? What does the horizontal analysis tell you about Competition Bikes? Don’t just restate the figures given. Provide an in-depth analysis. Discuss the key components of the financial statements. Vertical Analysis: What is a vertical analysis? What does a vertical analysis tell you about a company’s performance? What does the vertical analysis tell you about Competition Bikes? Don’t just restate the figures given. Provide an in-depth analysis. Discuss the key components of the financial statements. Trend Analysis: What is a trend analysis? What information does a trend analysis provide? What does the trend analysis tell you about Competition Bikes? Think about the company’s past performance. Compare it to the forecasted performance. Ratio Analysis: Discuss all ratios. How does the current year compare to last year? How does the current year compare to industry? Does the ratio represent a strength, weakness or no concern for Competition Bikes? If a weakness, what steps can the company take to improve the ratio? Working Capital: What is working capital? How do you calculate working capital? Calculate the working capital for Competition Bikes for year 7 and 8. Does the company have any excess working capital? How might they use this working capital to generate revenue or improve performance? Internal Controls: Understand what financial internal controls are. Use the data given on the Internal Controls tab. Evaluate each sentence in the given data. Identify the strengths and weaknesses of the company’s current processes for purchasing, receiving, cash management and inventory. Compliance with Sarbanes-Oxley: Have an understanding

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