Comparison of two companies (financially)

22nd October 1996 Interpretation of Accounts for Tasker Lynch plc. By Louise Rhodes Company Accountant 1/         Terms of Reference As the company's accountant I have been asked by the board of directors to appraise the financial company of my choice. The appraisal was requested by the chairman who would like to invest a sum of money on behalf of the employees of Tasker Lynch plc. This report has been prepared to analyse the financial performance of The …showed first 75 words of 2310 total…

…showed last 75 words of 2310 total…historical cost may not provide a guide to the future. · The use of ratios, are however useful if a companies figures can be compared to a similar firm in the same industry. · It would have been useful to calculate a distribution ratio but this was not present in the accounts available. Note: There are various other ratios which may also be used as an aid in the interpretation of Bookers and Nurdin and Peacocks accounts. .