Cash Flow Statement of JB HI-FI Limited

In this report an adamantine study has been prepared on the cash flow statement of JB HI-FI limited. It is Australian company engaged in providing goods and services specialized in video games and other home appliance. Richard Murry is the CEO of the company who makes all the strategic decision. It is evaluated that annual report of company has been showing computation of cash inflow and outflow from all its activities by using direct method. A complete analysis has been made on operating, investment and financial activities of JB Hi-FI limited to evaluate liquidity position of company in effective manner. Evaluation of cash flow statement of JB HI-FI Ltd Cash flow statement of JB HI-FI provides liquidity position of company and determines how much cash inflows and outflow of company for a particular time period (Roth, 2017). Analysis of cash flow from operating activities It is evaluated that JB HI-FI since last five years has reduced its cash inflow from its operating activities.   In 2012, JB HI- FI was having 215.01 cash inflow from its operating activities which decreased to 185.14. This has shown company has reduced its cash flow from is operating activities. However, more deep analysis could be made by computing operating cash flow ratio (Google Finance, 2017). It is evaluated that in 2012, JB HI- FI was having .48 operating cash flow which has been reduced to .41 in 2016. It reflects that company has been inefficient to draw good amount of cash inflow from its current liabilities engaged in its value chain activities (Brigham, and Ehrhardt, 2016). This ratio measures the capital available for internal reinvestment and for payment on its existing debts. However, by evaluating this ratio it could be inferred that JB HI-FI do not have adequate cash flow CAPEX requirement. Nonetheless, cash inflow from capital expenditure would be found lower in growing company. Therefore, JB HI- FI could justify its lowers amount of cash inflow to its stakeholders (Nizam & Hoshino, 2016). Computation of cash flow statement from indirect method (ASX, 2016) Adjustment to Cash flow Statement of JB HI FI for fives years Fiscal year is July- June and all values in AUD Million Depreciation, Depletion, and amortization Deferred Taxes & Investment Tax Credit It is observed that company has positive cash inflow from its operating activities. In addition to this, financial and investing activities have been providing negative cash outflow. JB HI- FI need to increase its liquidity position otherwise it will result into jeopardize situation for the business functioning of company. Moreover, since 2012 to 2016 company has reduced its cash inflow from its operating activities from 215.01 to 185.14.   Nonetheless, cash outflow from its operating activities has increased by 16% in 2016 as compare to its 2012 cash outflow from its investing activities. Now in the end it would be inferred that company need to main its cash flow more than 1 for the smooth running of business (Thomson Reuters, 2016). Brigham, E.F. and Ehrhardt, M.C. 2016. Account Finance. Cengage Learning, PP 1-549. Google Finance, (2017).  ALL ORDINARIES: INDEXASX:XAO historical prices - Google Finance. [online] Google.com. Available at: https://www.google.com/finance/historical?cid=10584617&startdate=Jun%201%2C%202015&enddate=Jun%2030%2C%202016&num=30&ei=sTWoV9jrGNaAsgGMsouQDg&start=0 [Accessed 22 March 2017]. Nizam, N. Z., & Hoshino, Y. 2016. Corporate Characteristics of Retail Industry among 11 Asian and American Countries.  Journal of Management Research,  8(1), 224-247. Roth, M., 2017.  Top Stocks 2017: A Sharebuyer's Guide to Leading Australian Companies. John Wiley & Sons. ASX, (2016). ASX, [Online], Accessed on: 23 march 2017, Available at:  https://search.asx.com.au/s/search.html?query=jb+hi+fi+ltd&collection=asx-meta&profile=web Thomson Reuters, (2016).  JB HI FI Limited,JBHIFI:ASX historical prices - FT.com. [online]  Markets.ft.com. Available

Chipotle Case Analysis Essay Example | Topics and Well Written Essays - 2250 words

Chipotle Case Analysis - Essay Example ii. Ensured usage of raw materials of the highest quality and application of classic methods of cooking. This was to ensure that the restaurant produces dishes that are reasonably priced and ready to serve to customers in a short while. iii. Creation of operationally efficient restaurant having a pleasing aesthetic distinctive setting in its interior. iv. Friendly customer care services. v. Increased awareness and respect for the environment. This would have entailed the use of freshly grown organic produce and meat that is humanely raised and having no hormones or antibiotics. At the point of establishing these chains of restaurants, the main idea that was in the mind of the entrepreneur Steve was that, as a place of fast foods, the restaurant needed not to be quite expensive but, more accessible and affordable to most of the consumers. As such, when Steve commissioned the opening of the first of such restaurants in Denver in the year 1993, it became a great hit in the marketplace, and the majority of consumers were pleased with the services offered. According to the report, Chipotle grew in operations from a 1-unit restaurant to a 1,230-unit chain of restaurants that served in various parts of the country (41 states), and which managed to serve a daily customer base of about 800,000 people. The reasons for this great increase in sales turnover and high profitability index was due to a combination of various factors among them, provision of better quality fast foods compared to other restaurants, up scaling of the restaurant and the ability to deliver faster services to the customers. It is as a result of this extensive expansion and tremendous increase in sales turnover of the restaurant that Steve sought to expand the base into other neighboring states. Such expansions were to areas such as the District of Columbia, the United Kingdom and Canada. For instance, according to the financial reports of the year 2011, Chipotle managed to record revenues worth $2.3 billion and a $214.9 million in net income. The diluted earnings per share (EPS) for the same year were about $6.76 million. These are clear indications to a company with a positive growth profile hence, prospectively looking forward to increased business opportunities in the near future. A SWOT analysis for Chipotle Mexican Grill will be based on the past relations for continued existence of the company. For instance, the continued increase in the stock prices for a company is a likely indication of strength in the restaurant. There are a number of reasons as to why a SWOT analysis for a company is essential, especially to stakeholders and prospective investors to the company. This is because the analysis will help in making informed decisions about investing in the company or even buy shares and stocks from the shares of the company traded in the stocks market (Paiz, Dave, Ryan, Brian, Kristina, Frank & Mark 165). Chipotle Mexican Grill is recorded to have publicly started tradin g in its shares in the year 2006, and since then, it has had impressive stock prices recordings in the market. For instance, according to this report, the stock price of Chipotle Mexican Grill in the year 2012 climbed to record high of about $380 to $385 per every traded stock as compared to the previous year; thus, a representative 80% increase. Strengths 1. The availability of a well developed marketing strategy. A critical study into the report

Job Learning Objectives Essay Example | Topics and Well Written Essays - 500 words

Job Learning Objectives - Essay Example This can be found at http://www.bestbuy.com. My responsibilities were mainly in customer service. I worked with the sales team to help people select items that best suited their needs. Most of my time was spent working at the cash register, assisting with checkout. In this shop there was a manager or assistant manager on duty at all times. They rarely overlapped, so there was only one supervisor in the shop at a time. I reported directly to the manager or assistant manager. On our busiest days, there were five employees. The shop I worked in was small, so the largest crew was usually a manager (or assistant), two people working sales, one working on restocking or cleanliness projects and someone at a cash register. We were located along a commercial strip in Taipei. I was always on the floor either at the cash register or working with a customer. The average career path for people in the company consisted of either moving up into management or leaving to find more challenging and bet ter paying employment. Turnover was very high, mainly because most of the employees were young and always moving from job to job. My orientation was very thorough. I was taught how to handle the hardware, such as the cash register, packaging machines and even a hydraulic assist use for lifting heavy equipment. I was also given a day of customer service training.