The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
Order custom writing paper now!
  • Your research paper is written by certified writers
  • Your requirements and targets are always met
  • You are able to control the progress of your writing assignment
  • You get a chance to become an excellent student!
Get a price quote
 
Title: The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.

Essay Details:

Subject: Miscellaneous
Author: Harold W
Date: March 24, 2011
Level:
Grade: A
Length: 2 / 376

Essay text:

Many decisions are based on profit and risk and therefore significant in predicting future profits and getting feedback on decisions. With regular production of statements of financial performance managers are able to compare the performance against budget and identify any problems which they can deal with immediately. For example, David Jones was hoping its loss-making Foodchain group would break-even with its competitors (Woolworths and Coles Myer) the following year by opening six more stores around Australia. The main data in the statement of financial performance are revenues, expenses, and net profit/operating surplus or net loss/deficit of an entity for a certain time period...

Showed 18% of text Buy database access to get full access to all 184 988 essays

Calculate a fair price for your order

Do you need an essay?

A professional team of writers is able to craft custom essays from scratch according to your instructions. We are ready to satisfy writing needs of every demanding customer.

Price start from $12.99 / page
Order now

Do you need many essays?

The product provided is intended to be used for research or study purposes. Get instant access to over 200,000 papers.

Price start from $28.95 / month
Buy database access
101 4.9 5

Feedback of people who used our services.

Rudy A., Los Angeles. CA

My experience with ManyEssays.com is extremely satisfying! I was amazed on your user-friendly website which is very helpful. I have also happy on how your customer service experts ...

Rebecca G., Portland, OR

I would like to say thank you for the level of excellence on providing written works. My University required us a very difficult paper using a very specific writing format and ...

Michael S.,Austin, TX

I am happy with the results your company gives. ManyEssays.com is the best place for essays!

Vincent S., Boston, MA

I was given by my professor a very difficult essay assignment and I really don’t know what to do. I needed help and ManyEssays.com came at the right time. I quickly availed your ...

Conrad H., Pasadena, CA

I am very happy on the excellent job your writers did on my thesis. It was beautiful in every way, it was a literary masterpiece! Everything was done according to instructions and ...

Alex M., Richmond, VA

A top-notch organization all the way and a model in excellent service, your company is. The level of expertise in your field is exceptional as you have in your employment the best ...

Emily R., Boston, MA

Your writing service is so amazing! I was skeptic at first on how your company provides result, but my skepticism gradually vanished immediately after you had finished one task in ...

Timothy J., Houston, TX

Your services were an important factor for my academic advance during my college years. I really thank you that you were there when I needed help in my term paper. Your company ...