Financial Performance Review and Objective

Comprehensive Annual Financial Report (CAFR) is a report used by cities, and local governments to provide the public with their financial records each year, while adhering to government accounting standards board (GASB) guidelines. The report presents a comprehensive picture of the reporting entity’s financial condition, it provides how funds are spent and allocated throughout the year.

Another challenge for companies when considering social responsibility is the possible negative perception of shareholders. Historically, publicly-owned companies had a primary focus of maximizing shareholder value. Now, they must balance the financial expectations of company owners with the social and environmental

Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of

A company had a beginning balance in retained earnings of $44,500. It had net income of $7,500 and paid out cash dividends of $6,000 in the current period. The ending balance in retained earnings equals:

Every business organization has a social responsibility in ensuring that the environment it operates in is protected. Many companies have identified that they have a major role to play in protecting the natural habitat and ensuring that business is not only about making profits. Some organizations are setting aside funds that are developed in the protection of the environment while other organizations are setting a tree-planting day as part of their annual calendar. Companies have legal and ethical responsibilities that guide the organization in making sure that the environment is taken care of. The natural resource depletion and the environmental pollution have led to conservation groups setting rules that govern the company in utilizing natural resources.

If customers refuse to buy products from organization that do not value the environment, organizations will change to customer’s needs. Along with not buying products, customers should not invest with companies who do not value the environment and communities. “Economists incorporate the triple bottom line into their models of business decision making by assuming that many individuals will buy shares in companies that achieve the triple bottom line outcomes they want and will sell shares in companies that do not” (Douglas, 2012. Pg. 7).

The Question of Value: Does a resource enable a firm to exploit an environmental opportunity, and/or neutralize an environmental threat?

Dauderis, H., & Annand, D. (2014). Financial statement analysis. In Introduction to financial accounting: Based on International Financial Reporting Standards (pp. 565-568). Retrieved from http://solr.bccampus.ca:8001/bcc/file/0370418e-be7d-4541-b0d1-cf8a0fa0596f/1/Intro%20to%20Financial%20Accounting%20v%202_1%20print%20version%20at%20March%2019_18.pdf

This report has been written to analyse the financial statements of the theme park Dream world and discuss the observations. In order to achieve this, the financials for the year 2016 has been compared with the financials of previous years to ascertain the changes in the operational activities. Dreamworld is the biggest theme park in Australia and is a part of Argent Leisure group. The financial statements procured are of Argent Leisure group and Dream world is only a segment of it. It has been observed that the company had an overall profit of 9% during the year 2016 with an Earnings Per Share of 9.37(cents). Although there was a negligible decline in profit of 0.38% as compared to last year despite the increase in revenue. Major

The system is supposed to enhance its internal practices to reducing greenhouse gas, and they will be increasing recycling processes. More importantly, it will also create strict guidelines for JPMorgan Chase's lending decisions when it comes to The mining, forestry, oil, and gas industries it will no longer finance projects that pose a danger to the environment It has also decided to encourage clients to design plans to try and reduce the large amounts of greenhouse gasses to help the environment. The modifications come from years of the hard word by the Stakeholders as well as some other groups that included nongovernmental organizations (NGOs), investors, and activists. Stakeholders, including NGOs, investors, and activists, as well as communities, labor, and consumers all, played a significant role in improving corporate behavior. Some NGOs are willing to put themselves in danger by using strategies of conflict. Others have been working to create partnerships with companies to help them green their production, often in ways that save them money. As well, the investor community is taking a progressively active role in work with the companies in the hopes of creating a partnerships with businesses in order to help them green their production, which often save them money on the long term outlook. Some of the investor community is taking an active role as well encouraging corporations to consider the long-term financial risks of social and environmental issues rather than the next quarter's

with the massive amount of numbers in company financial statements. For example, they can compute the percentage of net profit a company is generating on the funds ithas deployed. All other things remaining the same, a company that earns a higher percentage of profit compared to other companies is a better investment option.

1929 The first Tesco store was opened in BURNTOAK, EDGWARE, NORTH LONDON. Afterwards in 1932 Tesco became a private limited company. Later on Tesco Stores Ltd. joined the share market in 1947 with a floating share price of 25p. In 1956 Tesco first launched self services supermarket in Maldon. Tesco took over a chain of 212 stores in 1960 and another 144 stores in 1965. Tesco reached annual sale of GBP 1 billion in 1979 and the sales acceded GBP 2 billion by 1982. In 1983 Tesco Stores (Holding) Ltd became Tesco PLC. 1998 Tesco enters in to Thailand and Taiwan market. 1999 Tesco Plc diversifies into other business ventures like online banking; online bookstore and Tesco also published supermarket price comparisons on the internet. By 2006 they opened Tesco Express, Tesco Extra, Tesco Metro and Tesco Direct. Tesco PLC declared annual profit of GBP 2 billion.

A company going green in today's corporate environment finds a lot of support. The level of tolerance for environmentally insensitive corporations is much lower than it has been in the past. For these

o Performance evaluations are formal review processes designed to encourage the informal day-to-day practice of performance management, while providing a framework in support of merit pay adjustments, promotion and employment decisions. Evaluating staff performance and helping employees develop their skills are important duties associated with performance management. Performance management begins with supervisors and employees collaboratively setting goals and standards, clearly communicating performance expectations and evaluating the results during the performance evaluation process.

Based on the financial ratios given, this section will compare and contrast the financial strengths of Company X and Company Y in order to suggest Tringale Ltd to take decision regarding which of the above companies to chose for investment. This section provides comments on financial performance areas based on the data given, and presents report to the Board of Directors of Tringale Ltd by recommending which of the two investment opportunities is better.