Here is the synopsis of our sample research paper on The Annual Accounts of Cable and Wireless. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 5 page paper considers the performance of Cable and Wireless in the short and longer term. The writer then consider the compliance of the accounts with UK accounting standards and the limitations of the accounts. The bibliography cites 5 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEcablew.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
turnover then we see that this decreases from $9.2 billion in 2000 to $8.1 billion in 2001. The earnings per share also showed a decrease, when we consider that there
was an increase in shares to 2.8 billion outstanding up from 2.4 billion, and a decrease in revenue it is unsurprising that this demonstrated a drop. The EPS has fallen
to a diluted inclusive figure of $0.98 per share from $1.48. However, with this fall there have also be some favourable decreases. There has been a fall in the
liabilities, with current liabilities down 0.3 billion to $4.2 billon from $4.5 billion, and long term liabilities down to $2.4 billion from $5.5 billion, a reduction of more than 50%.
In terms of operating stability we can see the current poison may also be seen as strengthened in terms of the current ratio which has improved from 1.68 to
2.44. This may also be seen as a result of the increase in current assets to $10.3 billion from $7.6 billion. Despite this other rations such as the profit
and return ratios all show downturns since 2000. Profit margin reduces to 35.68% from 38.8%, this reflected the reduction in operating margin top 41.89 from 43.73%. The return on assets
fell from 16.6% to 12.12%. Return on equity also showed a fall, from 44.15% to 18.79%. It is interesting that there was a decision to increase dividends further by an
additional $0.02 a share. This may be to hold up the share price by demonstrating the confidence the company have on the future to the shareholders and the market.
However we look at this is appears that there have been some major events, and to gain a clearer picture we need to look at more than the last two
...