Accountancy Project
Accountancy Project
Accountancy Project
After the war, BMW was forced to cease production and was eventually
taken over by the British. In the 1950s, the company began to rebuild and
introduced its first post-war car, the BMW 501
.
BMW Executive Profile Summary
Goals;
Objectives:
1. Evaluate Financial Performance: Another applied technique in
analysis of financial statements aids in determination of the
level at which a firm is capable of generating revenues and
managing costs in order to have positive profitability and
operational performance.
2.
3. Assess Financial Position: It provides information on a
company’s strength and weaknesses, and its ability to fulfil
long term obligations as they provide an outlook of the
company’s assets and liabilities and equity.
4. Aid in Decision-Making: The main users of the financial
analysis include investors, creditors and the management in
enhancing their investment, lending and business decisions,
respectively.