Unit 4 - P2 &P4
FOR NOTES AND GUIDLINE PURPOSES ONLY, COPYING THE
WHOLE DOCUMENT WILL BE COPYWRITE.
USE SENSIBLE.
Financial report for Thorpe Park
I am going to give a financial report of Thorpe Park resort which will
indicate how the profits and assets of the business are processed
internally and externally. Firstly, the Gross sales for Thorpe Park
comparing with last year operations of £204.7m around the world globe,
has increased with 3% to make it £210.84m. This increase was made
during the summer period since the business received many tourists
who visited Thorpe Park resort. Also due to the new entertaining rides
which were introduced recently by the product development crew, more
customers were attracted. Under cost of goods sold it indicates that the
gross profit for Thorpe Park resort is in a good state. This is because the
purchases return for this period shown was considered to be in good
state and are less. The reason why the net profit for Thorpe Park to have
increased was probably because they was no increase in the employees
whereby employees are perfectly trained and mistakes are greatly
reduced.
Thorpe Park
Trading and Profit and Loss for
the year ending 31 Dec 2014
£000 £000 £000
Sales 327
Less Return inwards 116.16
Gross sales 210.84
Cost of goods sold
Purchases 197.6
Less Return inwards 35
Net purchases 162.6
less closing Stock 76 96.6
Gross profit 114.24
Add revenue
1
FOR NOTES AND GUIDLINE PURPOSES ONLY, COPYING THE
WHOLE DOCUMENT WILL BE COPYWRITE.
USE SENSIBLE.
Financial report for Thorpe Park
I am going to give a financial report of Thorpe Park resort which will
indicate how the profits and assets of the business are processed
internally and externally. Firstly, the Gross sales for Thorpe Park
comparing with last year operations of £204.7m around the world globe,
has increased with 3% to make it £210.84m. This increase was made
during the summer period since the business received many tourists
who visited Thorpe Park resort. Also due to the new entertaining rides
which were introduced recently by the product development crew, more
customers were attracted. Under cost of goods sold it indicates that the
gross profit for Thorpe Park resort is in a good state. This is because the
purchases return for this period shown was considered to be in good
state and are less. The reason why the net profit for Thorpe Park to have
increased was probably because they was no increase in the employees
whereby employees are perfectly trained and mistakes are greatly
reduced.
Thorpe Park
Trading and Profit and Loss for
the year ending 31 Dec 2014
£000 £000 £000
Sales 327
Less Return inwards 116.16
Gross sales 210.84
Cost of goods sold
Purchases 197.6
Less Return inwards 35
Net purchases 162.6
less closing Stock 76 96.6
Gross profit 114.24
Add revenue
1
