Morrisons Financial Statements

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Recommended: Review of literature on financial performance in ratio analysis

INTRODUCTION
This report is focused on the analysis of two private companies; Tesco’s and Morrison’s. I will discuss six different users of these company’s financial statements for the chief director of these companies. I will also incorporate and apply relevant ratios that these users will be interested in and discuss the purpose of which they are important for the users. There will be relevant theories and financial statements to support my thesis and I aim to provide recommendations on my findings of their performance.

COMPANY BRIEF

Tesco plc and Wm Morrison Supermarkets plc are both leading multinational grocery and all-purpose merchandising retailers, serving millions of customers each week in store and online.
Tesco is a British vender, founded in 1919 by Jack Cohen as an assembly of market stalls. It …show more content…

It is important for them to be able to access the company’s financial statements to ensure that the business is performing efficiently, and their future goals are being achieved e.g. monthly sale targets in comparison previous years. The ratios that managers would be mostly interested in are profitability as this information ensures the managers can evaluate success and underperformance, then asserting plans and effective decisions for the company’s growth. As internal stakeholders they have access to all the internally produced company’s statements. For example, if the managers were to want to access information about prices and profitability of specific products they can simply find it through the system of ‘cost and management accounting’
Shareholders of the

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