Question 3: Your good friend Roger has just been offered a job with Rightmove but knows very
Question:
Question 3:
Your good friend Roger has just been offered a job with Rightmove but knows very little about accounting. Please write a report to Roger analysing the latest financial position and performance of Rightmove You will be expected to make use of a number of relevant percentage movements and ratios calculated and other information, NOT just the ones calculated from he tables below.
Current Year | Previous Year | % Movement | |
Revenue | 205,717.00 | 289,320.00 | -28.90% |
Non-current assets | 38,807.00 | 37,474.00 | 3.56% |
Profit for the period | 109,775.00 | 173,089.00 | -36.58% |
Current liabilities | 23,184.00 | 42,522.00 | -45.48% |
Number of employees | 558 | 538 | 3.72% |
Net Profit Margin | Current Year | Current Year % | Previous Year | Previous Year % |
Net Income/ Revenue | 109,775.00 205,717.00 | 53.36% | 173,089.00 289,320.00 | 59.83% |
Operating Profit Margin | Current Year | Current Year % | Previous Year | Previous Year % |
Operating Profit/Revenue | 135,142.00 205,717.00 | 66.69% | 213,730.00 289,320.00 | 73.87% |
Current Ratio | Current Year | Current Year % | Previous Year | Previous Year % |
Current Assets/ Current Liabilities | 121,637.00 23,184.00 | 5.246 | 60,672.00 42,522.00 | 1.426 |
Cash Flow-to-Revenue | Current Year | Current Year % | Previous Year | Previous Year % |
CF from Operating/Revenue | 96,291.00 205,717.00 | 46.81% | 184,224.00 289,320.00 | 63.67% |
Interest Coverage Ratio | Current Year | Current Year % | Previous Year | Previous Year % |
EBIT/Interest Payments | 135,293.00 478.00 | 283.039 | 214,048.00 486.00 | 440.427 |
Expert Answer:
Report on the Financial Position and Performance of Rightmove Dear Roger I hope this report finds you well Congratulations on your job offer with Rightmove As you embark on this new opportunity its im... View the full answer
