You are required to utilise the information given to complete the comparative balance sheet for TMH Ltd. The relevant information needed is also included. Once completed, are required to analyse the performance of TMH Ltd. By undertaking the following tasks:
Write a detailed report on how company performance can be improved to better meet performance indicators. You should include the following:
- What factors may impact on financial performance?
- What non-financial factors are also important to meeting company goals?
- What strategies can be put in place to encourage staff to work towards achieving performance goals?
- How can company performance and relevant information be communicated to appropriate personnel to ensure relevant steps are taken to meet performance indicators?
- Discuss how capital budgeting can assist in the financial decision making process