Sports Direct

BUSINESS ACCOUNTING AC1010 SPORTS DIRECT INTERNATIONAL PLC. Table of Contents 1.0 Overview………………………………………………………………………………….3 2.0 Company Background………………………………………………………..………….3 3.0 Performance during the last 5 years…………………………………………………….3 4.0 Ratios Analysis……………………………………………………………………………4 * 4.1 Earning per Share Ratio…………………………………………………..4 * 4.2 Quick Ratio……………………………………………………………….5 * 4.3 Current Ratio……………………………………………………………..6 * 4.4 ROCE Ratio………………………………………………………

INTRODUCTION: 3 PART I: COMPANY ANALYSIS 5 1- Introduction of the company 5 1.1 History: 5 1.2. The industry: 5 1.3. Sports Direct today: 6 2. Analysis on the financing structure of the company 6 2.1. Sports Direct financial statements: 7 2.2. JJB Sports financial statements: 9 2.3. Ratios of Sports Direct and JJB Sports 12 3. The weighted average cost of capital 15 3.1. Cost of equity: 15 3.2. Cost of debt: 15 3.3. WACC: 16 PART II: PROJECT INVESTMENT ANALYSIS

and Cash Equivalents 7 Conclusion Bibliography   Introduction In this the coursework, it will present financial information relating back from Sports Direct Annual Report 2012 alongside a brief history of Sports Direct with additional information about how the group generates revenue. Background Sports Direct is the UK’s largest

Sports Direct Sports Direct is a business that offers clothing and operates online and in store. The business provides a delivery service when buying clothes online. This business provides clothing for both male and females. They also provide clothing for all sport activities such as football and boxing. The age that sports direct provide for are children aged 3 to adults aged 50. Client needs The client of Sports Direct would be Sports Direct themselves. The needs of Sports Direct would be to

................................. 1-Executive summary This report aims to analyse the financial position of HALFORDS PLC within its daily operating activities and it also compares the company’s performance with its key competitor, the SPORTS DIRECT PLC. The report also includes background of both the companies and an industry overview. To better understand the performance of both the companies, the segmental analyses have been done for both region and

Sports Direct About Sports Direct Mike Ashley established the organization in 1982 as a single store in Maidenhead and made under the name of Mike Ashley Sports. They have now expanded to be the United Kingdom biggest and leading sport retailer. They also additionally the proprietor of a critical number of world renowned game, design and way of life brands. 420 stores are currently being operated alone in the United Kingdom, the dominant part of which trade under the SPORTSDIRECT.com. 130 stores

Introduction Sports Direct is the UK’s largest sporting goods retailer which were founded in 1982. The core business of this company is to provide a wide range of sports, fitness and fashion products to the public. Recently, Sports Direct has been hit by several negative news over its poor treatment of their workers and faced the challenge for the management reshuffle in the company. This report will show the problem on sales management, profit warnings and the employment contract for a sample of

Sports Direct Online Discount Code Make arrangement for use of Discount Codes For Sports Direct as a discount source of vouchers and online cutters. Select the option that best suits a wanted certainty you can work with in online store offers. Find a related cut cost arrangement through the web store having discounts for your own benefits. Purchase shirts and jerseys through this sports direct store to make savings on all buys done online. Implement with cutters intended for purchase with Discount

Sports Direct is a UK based store having clothing and other accessories for kids and men as well to get you to look more fascinated and understand as a consumer and you want the proper sports items which you purchase through this online web based discounted means in ordering. Buy Women’s clothing inclusive of All Clothing like Base Layer, Beachwear, Bikinis and Tankinis, and Character which is clothing that women must be inspired to purchase and locating’s are dependent on necessities and the way

The Independent Auditor’s Report and the Outlook for the Business As mentioned earlier, Grant Thornton mainly focused on Sports Direct’s internal operations such as accounting for Sports Direct’s acquisition activities and forward contracts for foreign currencies, the carrying value of inventories, disclosures to related parties, and revenue recognition (Sports Direct International Plc 2016, p.64). These were the primary audit risks identified by the auditors. But Grant Thornton failed to find out