Financial Statement Analysis Essay Example | Topics and Well Written Essays - 1250 words - 1

Financial Statement Analysis - Essay Example The company’s revenue was up and down during period. A clearer picture of these changes is provided in the charts labelled Figure 1. The information in Figure 1 shows that Dixon Retail experience higher levels of turnover in nominal terms than Home Retail during the five year period. The trend was similar up to 2012. However, Home Retail’s revenue continued to decline in 2013 while Dixon Retail’s Revenue increased. When the figures are adjusted for inflation the picture is somewhat different. (See Table 2 in the Appendix.) Figure 2 illustrates the trend for both companies in real terms. The information in Figure 2 shows similar trends for both companies for both companies over the first four years – a slight decline in revenue in real terms between 2009 and 2010; a significant decline between 2010 and 2011; and a moderate decline and increase between 2012 and 2013 for Home Retail and Dixon Retail respectively. A companies cost of sales is the cost of raw materials and other costs necessary to get the goods to the customer. The common size cost of sales for Home Retail group shows a continuous increase from 65.69% of turnover in 2009 to 68.37 in 2013. This is an indication of rising costs of goods without a similar increase in price. The information for Dixon Retail was somewhat different as the common size cost of sales ranged from 92.48% to 94.86%. These two percentages were recorded in 2012 and 2013 respectively. Figure 3 shows the information for both companies. Figure 3 shows a bar graph of common size costs. The graph shows that the common size costs for Home Retail showed an upward trend while that for Dixon Retail remained fairly stable with an obvious slight decline in 2010. A company’s gross profit represents the difference between its sales revenue (turnover) and its cost of sales. The gross profit as a percentage of sales was much higher for Home Retail – above 30% than for

Tort Law Assignment Example | Topics and Well Written Essays - 2500 words

Tort Law - Assignment Example It is also likely that the question of transferred malice might arise in Stella’s case since the assault was initially aimed at the doctor and inadvertently struck Stella. The issue of consent also arises as it appears the Mick did not consent to the doctor’s treatment and whether or not the absence of consent will render the doctor’s medical treatment a battery. Each of these issues are discussed in detail below. Assault arises out of conduct that puts the victim in fear of immediate or instant harm or force to his person (Rogers 2002). In order to substantiate a claim of assault it is not necessary to prove that actual physical contact was made. Similarly, intention to cause harm is not a necessary element of the tort of assault. All that is necessary is a reasonable apprehension of harm is sufficient to substantiate the tort of trespass to the person on a claim of assault. Whether or not the victim is afraid or capable of truncating or thwarting an assault is immaterial. This is because the test is an objective test and largely depend on what a reasonable man would reasonably perceive (Stephens v Myers (1830) 4 C & P 349 ). In Stephens v Myers (1830) a man was asked to leave a meeting and in response he launched toward the chairman but was quickly interrupted by the warden, preventing any contact. Even so, the court found that the conduct amounted to the tort of assault and ruled that: Be that as it may, not every threatening gesture will amount to an assault. In Thomas v Num [1986] Ch 20, picketing protesters made threats of violence in circumstances where police were able to hold them back. It was held that no assault was made because in the circumstances the defendants were not in a position to carry out their threats regardless of how determined they may have seemed (Thomas v Num [1986] ). Applying the reasoning in Thomas and Stephens, it is entirely unlikely that Mick would be successful in a