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Financial Ratio Analysis Essay

Table of Contents Current ratio

Total assets to Debt ratio

Quick ratio

Profit margin ratio

References

Calculations on financial ratios are basically derived from information obtained from the accounting records. The ratios provide the required guidelines of measuring the progress of the business and at the same time alert the management on the problems that might occur within the Company businesses.

The profitability ratios indicate the level of efficiency on how capital is being utilized. Liquidity ratios on the other hand help in indicating the ability of the Company to continue with its normal operations even in the midst of unexpected problems. While growth ratios are best used in the process of tracking down the financial progress of the Company (Graham,

Strategic analysis report Essay

Nursing Assignment Help Table of Contents Vision

Mission

Value statement

References

Vision To create a dependable and superior bed and breakfast location that visitors can always count on.

Mission To create a relaxing, home away from home experience where visitors will feel valued and cared for through continual added value and superior service provision.

Value statement To carry out business in a principled manner by working with ethical suppliers

To encourage great services by offering our staff the best workplace environment

To deal with consumer concerns/ complains in a caring and fair manner

To foster an environment of accountability amongst all staff by making ethical decisions

The vision statement is invaluable to the success of this bed and breakfast business because it explains the big picture. In other words, it answers the ‘who’ and ‘what’ of the organization. This hotel was set up in order to provide leisure services to visitors at the selected location.

Therefore, the vision statement has responded to the “for what?” aspect of this business (Kono, 1994). However, it cannot just be a service that will last for a while; it is something sustainable that will ensure the continued profitability of the business. By adding the term ‘dependable’ in the vision statement, visitors will be certain of having a place that they can go to when traveling and this dependability will ensure consumer loyalty hence sustainable profits.

Also, the vision has responded to the “for whom?” query as well because it has specified that the business will be for visitors. The vision statement generally has shown where the company intends to be in the leisure industry and how this will affect the people targeted by Grover and Janelle (Kaye

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