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Compare the accounts of two major supermarkets

Date Submitted: 12/29/2004 08:13:41
Category: / Business & Economy / Accounting
Length: 11 pages (3124 words)
Introduction to Report The attached report will analyse and compare the financial status of two UK supermarkets, Morrisons plc and Somerfield plc, for a potential investor who wishes to become a minor shareholder in one of the two company's. To perform this investigation the 2002 financial accounts of both company's have been used, this information will also include the financial data from the 2001 period, for further comparison between years. Please note the following points ~ a, For …
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…by telephone, to the company head office. ) www.thisismoney.co.uk ( Share price movements ) Peter Atrill & Eddie Mclaney ( 2001 ) Accounting and Finance, for non-specialists, Third Edition Prentice Hall Richard Lewis & David Pendrill Advanced Financial Accounting, 4th Edition Pitman Publishing, Chapter 13 Appendix I ~ Standard Profit and Loss Account II ~ Standard Balance Sheet III ~ Summary of Ratio Analysis IV ~ Analysis on Morrisons Six year Profit & Loss Summary V ~ Morrisons plc, 2002 Accounts VI ~ Somerfield plc, 2002 Accounts
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