FINANCIAL DECISIONS

Financial Decisions



Cash flow is the study of modern financial management is an important concept, is an enterprise in a certain accounting period in accordance with the cash- cash basis , through certain economic activities (including operating activities, investing activities, financing activities and non-recurring items ) resulting cash inflow , cash outflow and the total situation in general. Cash flow management in the cash , not the hand we usually understand the cash; it means business cash and bank deposits , but also cash equivalents (that is held by an enterprise short-term, highly liquid, easily convertible to known amounts cash, insignificant risk of changes in value).

Tesco

Tesco is an international distribution group based primarily in the UK , in Ireland and Asia. The company was founded in 1919 by Jack (later Sir Jack) Cohen, selling groceries from a stall in London's East End. “Tesco” as a brand first appeared five years later. Growth since the early days has occurred both organically and by acquisition, and today the total number of stores exceeds 3,700. Today, although Tesco remains focused on grocery items, following the Continental hypermarket model, it has also diversified into consumer electronic goods, clothing, DVDs and CDs, furniture, telecoms, and even insurance and other financial services.

Over the years, Tesco has become increasingly concerned with corporate social responsibility and via its corporate Website declares the following overall philosophy:

Respond to consumer trends such as healthy eating, organics, and Fair Trade

Treat suppliers fairly so they can “deliver” for customers

Manage the company's environmental impacts to help reduce costs and inconvenience

Treat staff as they deserve to be treated so they perform well for customers

Help staff and customers to support the local organizations and causes they care about

Tesco is Distribution Group UK (2205 stores in just the United Kingdom in 2008) and the 3rd World Group. His work revolves around three areas: distribution in the United Kingdom, international distribution and financial services.

Tesco has 1878 points of sale (retailers Tesco Extra, Tesco Superstore, T & S, Tesco Metro and Tesco Express). Tesco is present in the food and non-food (textiles, pharmaceuticals, information technology, optics, TV Hi-Fi Video, appliances, travel, etc). He also offers phone services through Tesco Mobile (250 000 clients) created in 2003 in partnership with the No. 1 sector in Britain. In addition, the group has an online shopping site, tesco.com.

The company's core UK division four different storage formats, including: fast, subway, supermarket and additional, and a trial format, known as the Homeplus. Non-food part of the company, including such as electrical appliances, home entertainment, clothing, health and beauty products, stationery, cook shop and soft furnishings, such as barbecues and garden furniture in the summer seasonal merchandise goods. The company's retail services sector consists of a number of operations, including Tesco Personal Finance, Telecom and Tesco, tesco.com composition. Outside of the company's international business 13 in Europe, Asia, including India, Britain, and North American markets business. (Erdem, T., 86-100)

Financial Analysis of TESCO

TESCO's business operations are subjected to seasonal influences, which makes the performance ...