Wednesday, October 16, 2019

Financial statement analysis Essay Example | Topics and Well Written Essays - 5000 words

Financial statement analysis - Essay Example The data included in the study was not fit to the standards. Therefore, the values of some ratios are misguiding and incorrect. The website (http://banker.thomsonib.com) provided some missing values that were the core reason for the incorrect and misguiding values. The competing firms were all listed on London Stock Exchange, and the values, therefore, are not entitled to be changed for currency and other issues. Dart Group PLC is operating as a leisure travel and a Distribution & Logistics group. The Company started its operations by providing delivery of flowers that were of every color and now are flying passengers through their fleet of aircrafts. The company is known for their speedy deliveries. The Group has expanded with three new businesses; the first division is the â€Å"Jet2.com† the business operates more than 150 routes locally. The bases are developed at seven northern United Kingdom Airports. The Company has a sister company named the â€Å"Jet2holidays† this company provides the hotel facilities in more than 50 cities and also in sun destinations. The third and final division named â€Å"Fowler Welch† in considered to be one of the leaders in fast supplies. The business provides the top supermarkets with the fast moving goods. The company grew gradually and stabled within the 40 years since the establishment. Dart Group PLC are recently engaged in the scheduled leisure to Mediterranean, this means that the company is expanding in the international market. The Company also provides packaged holidays as the company own the airlines Jet2.com and also is operating in the Holiday services under its division Jet2holidays. The products that are provided to the supermarkets are freshly produced, and the trucks of Fowler Welch are temperature controlled. The business is linked with the retailers, producers (farmers) and the importers in the market (Dart Group

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