Pricing strategies and the significance of cost in the company

Table of Contents

Introduction. 2

Task 1. 2

1.1         Pricing strategies and the significance of cost in the company. 2

1.2         System to be used for determination of cost in Duren 1. 2

1.3         Improvements by Solution PLC to their costs and prices systems. 3

Task 2. 3

2.1         Projection methods to make decision for Norman Ltd.’s cost and revenue. 3

2.2         Evaluating Norman Ltd.’s financial ability for expansion of their business. 4

Task 3. 4

3.1         Relevant budgetary goals for Solution PLC. 4

3.2         Establishing a suitable budget for Solution PLC. 5

3.3         A comparison of incurred expenses and income with targeted budget of Solution PLC. 5

3.4         Analysis of budget control procedures in Solution PLC. 6

Task 4. 6

4.1         Complete Manufacturing Charge Per Item and Disposable Income centered on Absorption and Activity-based Costing and Significance of Costs in the Estimating Policy of Dude PLC. 6

4.2         Valuation mechanism to be used within Dude PLC. 7

4.3         Enhancements of cost & prices systems in Dude PLC. 8

Task 5. 8

5.1         Techniques to evaluate challenging investment plans in the General and Private sector. 8

5.2         Tactical investment judgment for solution plc. 10

5.3         assessing relevance with the help of post-audit information for a planned investment. 11

Task 6. 11

6.1         Assessing viability of financial reports of Solution PLC. 11

6.2         Analyzing financial statements of Solution PLC through ratio analysis to improve its credibility. 15

6.3         Based on financial information, recommendations on the planned assortment of Solution PLC   15

Conclusion. 15

References. 16

 

 

 

Introduction

This project consists of six tasks being explained separately. The first task evaluates the significancein costing and pricing of the company. The second task identifies forecasting techniques for the entity and the availability of financial resources to the entity. The third task shows how efficiently the company’s budgets being used within the company and the return provided by these funds. The fourth task demonstrates one of the significant cost accounting techniques, i.e. absorption cost system and activity-based cost system.The fifth task shows how investment assessment practices will be applied to a particular business situation.  The last task evaluatesthe financial statements of the company for a specific period.

Task 1

1.1    Pricing strategies and the significance of cost in the company

The companies must keep a decent pricing strategy as it allows them to generate higher profits on their products and services by attracting a large portion of consumers. Many organizations spend massive amounts on developing and maintaining an effective pricing system.  In terms of Solution plc, the significance of the pricing strategy becomes more important at the times when the revenue of the company decreases. The value of the product or service must be higher than their cost besides what will our profit margin be. It must be sufficient to cover the actual expenditure on the product and If not, then Solution plc would suffer great losses. The ultimate goal of the company is to make profits which cannot be achieved if the selling price is fixed below the actual expenditure on the product.

Similarly, it is also necessary to obtain a high market share which is only possible by setting a reasonable profit margin not only to cover their prime cost but also to generate profits for the company as well as consumer attraction. As a result of this strategy solution plc will not only left behind its rivals but also increased its revenue.

Due to the effective-cost strategy, the company will enjoy economies of scale as production capacity would already be increased. Consequently, the cost is used as a key tool to capture a considerable portion in the marketplace. Industry.

1.2    System to be used for determination of cost in Duren 1

An efficient cost system designed to ensure effective strategic implementation for top management. It includes providing the capitals and disciplined process to achieve the maximum level of quality, consistently reliable and production at the lowest possible cost. That doesn’t mean cost-cutting rather optimizes the company’s performance at the operational level. It is considered a usual system for determination of costintended to use in Solution plc as up to now it produces a particular product Duren1.

First Phase

Salesrate per unit 260         Charge (43.5 + 3.25) 46.75                        Income 214.25

Second Phase

Salesrate per unit 270         Charge (57.6 + 4.6.) 62.2                            Income 219

Third Phase

Salesrate per unit 240         Charge (52.5 + 3.33) 45.83                        Income 204.17

 

1.3    Improvements by Solution PLC to their costs and prices systems

absorption costing system specifies that all manufacturing costs are being allocated to (or absorbed by) the items manufactured. In simple words, the cost of a completed item includes original cost, i.e. direct labour, direct material, fixed and variable production expenses. The said system might decrease the profits due to the increase in revenue only when other things remain the same. Solution plc needs to use a variable costing system that specifies only variable production overheads are allocated to the units produced.

Conclusively the above calculation indicates that Solution plc has gained more than 85% profit on the sales of Duren 1, which is quite outstanding for the company. Solution plc can decrease their selling price to a particular level which will decline their income margin, but their revenue will increase significantly. This strategy is known as a market infiltration strategy where companies offer their product at lower prices and obtain a high market share due to economies of scale.

Task 2

2.1    Projectionmethods to decide for Norman Ltd.’s cost and revenue

Projection is the practice of identifying an estimation or the forecast of a company’s prospective financial health and a fundamental element of financial management in an organization. The central purpose of forecasting is to evaluate the cash flows of an entity based on expected payments and receipts. The whole process is known as cash flow forecasting.

Cash Flow Forecast

 

Date                           Cash              Sales             Price             Balance

1st phase                   41000             700,000          400,000          300,000

2nd phase                 30000             52500             40,000            12500

3rd phase                  1000               425,000          300,000          125,000

4th phase                  50000             31650             25,000            6650

 

Forecasting techniques primarily covers operational problems such as employment issues and acquisition of the company(Ojugo, 2009)[1]. It also provides a basis for the identification of costs and sales percentages. As a result, solution plc can design strategies for controlling costs and price evaluation.Losses suffered initially are incurred in the first month; that is why it doesn’t affect the cash flows of proceeding months. The expenditure incurred in January are reimbursed with the help of opening cash balance. Factory Rent, manager’s salary, depreciation,etc. are fixed costs and need to be paid regardless of revenue.

 

2.2    Evaluating Norman Ltd.’s financial ability for expansion of their business

Multiple sources areexisting to solution plc for development of its business like accumulated profits, loans, hiring, capital financing, treasury bills, term finance certificates, redeemable preference shares and issuance of ordinary share capital. But the company usually uses accumulated profits for expansion (investments) because it will not incur any additional cost to the company. This is called equity financing(Seidman, 2005)[2]. Similarly, debt financing is also considered a key component of funding for global investments. Moreover, banks also perform a vital role in the development/progress of the business either by giving direct loans or providing an overdraft balance facility. However, a higher interest rate is a major hurdle in the growth process.

Leasing is also a key tool of financing closely resembled debt financing. This might be either operating lease, finance lease, or repurchase contract; therefore, leasing is also an option to solution plc. It depends on the company’s requirement, for short term finance operating lease is perfect, but long term finance lease is more appropriate.

Issuance of shares is an additional source of financing accessible to solution plc by offering shares to the general public to subscribe for the shares and raise money but this method is considered complex requiring additional expenditures but it offers ownership in the company as it is an equity financing. Hence it might not be considered preferably.

Seidman (2005: P. 26) analyzed four main benefits to the company through equity financing. The venture capitalist also offers finance for the expansion of the companies. Hence finance including support regarding the business can be achieved by them. Although they could be dominant as they are part owners of the company.

Task 3

3.1    Relevant budgetary goals for Solution PLC

Psychic researchers propose that greater motivation providesthe best results when goals are far behind the range(Guilding, 2012)[3]. Although it is not so difficult as seen by managers (i.e. the financial goals being assessed as interesting but not unfair). Consequently, budgetary goals should be attainable. The difference in the achieved results and targeted results can be recognized. Therefore, this needs to be altered to institutesuitable targets. Below is a flexible budget being calculated for solution plc;

 

  Budgeted $ Fixed $ Actual $ Variance $
B308 Number of units 100,000 264,000 70,000
B310 Raw material 300,000 345,000 67,000
  Direct labor 150,000 45000 45,000
  Variable production overheads 500,000 234,000 34,000
  Fixed production overheads 240,000 120,000 23456

 

 

Workings:       Revenue = 900000/ 90000 × 80000 = 800000

 

Raw materials = 130,000/ 90,000 × 80,000 = 115,556

 

Direct labor = 142,000/ 90,000 × 80,000 = 126,222

 

Variable manufacturing expenses = 100,000/ 90,000 × 80,000 = 88,889

 

3.2    Establishing a suitable budget for Solution PLC

Referring to Warren, the master budget is a combined set of operational, investment, and targeted budgets for a specific time(Warren, 2011)[4]. Therefore, it will be delivered at the end of the budgeting process. There is a special connectionamongst these combinations of budget. Since it is considered very crucial in decision making as it included finance for acquisition of raw materials and its consumption, production, revenue, workforce, etc. as these are important for manufacture, acquisition, and finance departments. In terms of solution plc, the information delivered is related to manufacturing costs and revenues. The profit figure can be achieved by analyzing the difference between these aforementioned costs and the sales budget. As these produce two components of the master budget. Subsequently, a budgeted income statement, budgeted balance sheet including a budget for bank balances. As cash balance replicates the real position instead of profits therefore, it is considered very important.

 

3.3    A comparison of incurred expenses and income with targeted budget of Solution PLC

An appreciated judgment can be made over the analysis of variances(Prasad, 1990)[5]. In budgeting, a variance is a dissimilarity among planned, budgeted or a standard cost and also the actual amount incurred. It can be calculated for both costs and sales. As it can be recognized in the budgeted and real results of solution plc

Budgeted $   Flexed $         Actual $        Variance $

Number of Units                   90000             80000             80000

Sales revenue                      900000           800000           850000           50000

Direct labor                            142000           126222           143000           16778

Raw materials                       130000           115556           100000            15556

Variable Overhead              100000           88889             95000             6111

Fixed overhead                    120000           115000           115000            –

 

Working 01               Sales = 900,000/ 90,000 × 80,000 = 800,000

 

Working 02               Raw materials = 130,000/ 90,000 × 80,000 = 115,556

 

Working 03               Direct labor = 142,000/ 90,000 × 80,000 = 126,222

 

Working 04               Variable Manufacturing expenses = 100,000/ 90,000 × 80,000 = 88,889

3.4    Analysis of budget control procedures in Solution PLC

The evaluation of the budget controllingprocedure is necessary to recognize any deficiency in the scheduled levels subsequently there will be a slight difference among planned and the actual levels. As solution plc faces difficulties in the budgetary monitoring process since major variations can be recognized. Because it analyzed whether a task is within the budget. Therefore, solution plc needs to implement efficient techniques like this to obtain the purpose of the budgetary monitoring process. The process should be monitored frequently to escape any unexpected impact of abnormal situations to expenditures. Because information needs to be received from the manufacturing department of solution plc that’s why this information essential to be complete, appropriate, and received timely for the efficient budgetary monitoringprocedure.

Task 4

4.1    CompleteManufacturingCharge Per Item and DisposableIncomecentered on Absorption and Activity-based Costing and Significance of Costs in the EstimatingPolicy of Dude PLC

 

This technique is identified as the best process to consume and obtain mutually both cost i.e. variable and fixed cost(Nigam, 2004)[6]. Below is the calculation that represents how profits being determined through this approach for Dude PLC.

 

Absorption Costing

EL552                        AKL046         BSO454

Sales price                            1.50                2.10                2.60

Variable overheads             0.90                1. 00               2.00

Fixed overhead                    0.30                0.50                0.40

Profit                                       0.30                0.6                   0.20

 

Employee per hour  = 13,000/30= 43                   600/20= 30

Permanent factory overheads       = 50 × 48=2,400       50 × 30=1,500

 

Activity Based Costing

Cost                           Cost driver

Expenditure drivers

Manufacturing set ups                    20,000,000                            –

Carriages to consumers                 39,000                                    76.92

Carriage to consumers                   3,000,000                              –

Manufacture runs                            4,000                                      5,000

Element revenues                           13,900,000                            –

Components per unit                      1,000                                      13,900

Furtherevents                                   12,600,000                            –

Assembly and revenuesizes         26,500                                    475.47

Totalexpenditures                            49,500,000                            –

 

                        Budgeted                 Actual

 

Manufacture set ups                                   5056700                    14325000

Carriage to consumers                               1076550                   1123000

Element stores                                             8340000                    5534000

Additional activities                                                 6656580                    5943375

Total                                                               235673460                28423375

Cost per unit                                                             1235.2471                 1234.11

 

 

Budgeted                 Actual           

Sales price                                                    9000                           4000

Material cost per unit                                   400                             500

Direct labor cost per unit                             1200                           600

Permanent factory expenses                     1505                           2274

Income                                                           5895                           626

 

Rendering to the designs, Dude PLCgenerates considerable returns on its investment using the absorption of an activity-based costing system together. But their final results are different. The activity-based costing system gives more satisfying results than the absorption method as it determines the expenditure on the product more reliably.Consequently, real costs are determined for every product simultaneously because cost must be determined properly as it may lead to a bad impression in the market.

 

4.2    Valuation mechanism to be used within Dude PLC

 

Toimprovedvaluing, dude plcis consideringimplementing an activity-based costing system(Tulsian, 2006)[7]. This system charges expenditures to the desired product or service within which expenses recognized initially for every activity and the applied to every activity which consumes these expenditures usually beneficial for the company’s operation. It is an efficient system for cost apportionment rather than an absorption costing system. Relatively comprehend the relation among indirect cost item which consume these expenditures.

Although, the activity-based system requires more information than other systems. Subsequently getting this information is more important which requires a great time.

 

4.3    Enhancements of cost & prices systems in Dude PLC

Maintaining the costing method needs precise and appropriate knowledge. So, there must be an accurate categorization of costs that are revealed as additionalactions. Then, this leads to unsuitable judgment making such as estimating and another associated decision making. This is the activity-based method also requires to determine the intentions behind every cost qualified for the good. In addition to that cost, the accelerator need to have a direct relationship with a fixed manufacturing OH cost.

 

Similarly, when approaching prices there are numerous pricing plans. the pricing plan that ignores market different parts is often mismatched with the industry plan(Rajagopal, 2013)[8]. Therefore, great Food Producers can recognize market amounts with opponents. Therefore,the market investigation is significant instead of valuing only depending on the recognized costs of the business. Cost-based pricing is probable if there is a seller’s marketplace. when vendors are several this category of prices is not in effect.

Task 5

5.1    Techniques to evaluatechallenging investment plans in the General and Private sector

Various techniques for analysis of the investment in public or private sector projects and timing is anything to have funds available earlier than the selection of alternative sources.

When the company faces problems in financing its projects it should select one of the two most feasible projects to implement and operate it.it can be achieved by financial valuation methods.

There are many techniques to assess the future cash flows two of them are discussed here;

 

Net Present Value

PVshowsthe existingrate of (in) and (out) of cash flows by applying a specific interest rate to them and considered as the most effective method(Thomas, 2008)[9].

 

PRIMO

 

Year               cash flow                  DCF@ 10%               PV     

1                           –                              0.952                          –

2                           –                              0.907                          –

3                           –                              0.864                          –

4                      1740                           0.823                          1432

5                      1740                           0.784                          1364

NPV                            2796

 

SECUNDO

 

Year               cash flow                  DCF@ 10%               PV

0                      876                             1                                  876

1                      876                             0.952                          834

2                      876                             0.907                          795

3                      876                             0.864                          757

4                      876                             0.823                          721

5                      –                                   0.784                          -_____

            NPV                            3983

 

 

 

TERTIO

Year               Cash flow                 DCF@ 10%               PV

0                      192                             1                                  192

1                      192                            0.952                          183

2                      192                            0.907                          174

3                      192                             0.864                          166

4                      192                             0.823                          158

5                      192                             0.784                          151

NPV                            1024

QUARTO

Year               Cash flow                 DCF@ 10%               PV

0                      324                             1                                  324

1                      324                             0.952                          308

2                      324                             0.907                          294

3                      324                             0.864                          280

4                      324                             0.823                          266

5                      324                             0.784                          254

NPV                            1726

Referred to the above calculations, two projects provide a good return of NPVs. As a result, primo and secondo projects which generate the highest NPV should be determined. Therefore,the primo project needs to benominated.

 

Payback Period

 

Primo

 

Year               Cash flow                 Accumulated cash flows

0                      -2400                          -2400

1                      –                                   -2400

2                      –                                   -2400

3                      –                                   -2400

4                      1740                           660

5                      1740                           1080

SECUNDO

Year               Cash flow                 Accumulated cash flows

0                      -1200                          -1200

1                      –                                   -1200

2                      876                             -324

3                      876                             552

4                      876                             324

5                      –                                   324

 

 

 

TERTIO

Year               Cash flow                 Accumulated cash flows

0                      -480                            -480

1                      192                             -288

2                      192                             -96

3                      192                             96

4                      192                             288

5                      192                             480

 

QUARTO

Year               Cash flow                 Accumulated cash flows

0                      -840                            -840

1                      324                            -516

2                      324                            -192

3                      324                            132

4                      324                            456

5                      324                            780

 

Calculations above suggest that all the projects payback the preliminary investment under5 years. but the primo and quarto projects are better than the other projects.

 

5.2    Tactical investment judgment for solution plc

 

The tactical investment process is responsible for rotating a company’s strategic position into a business leader ultimately increasing the shareholder’s wealth. Although strategic investment decisions are not frequent as they are either long term thinking or maybe short term. Due to this process,the company’s objectives are set in accordance with the expected economic benefits embodied in the investment, as a result, the company performs efficiently.

The availability of sufficient resources is the main factor in this process therefore, appropriate and accurate steps should be taken to overcome this factor. In addition to the above-market interest rates and industry,an analysis must also be assessed to formulate strategies for the business.

 

5.3    assessing relevance with the help of post-audit information for a planned investment

 

In a post-audit assessment, the causes of the abnormality of revenueamongstrealprofits and the probablerevenue from the project can be identified. the decision making procedure, building ideas to plan post-audit, need toreplicate the tacticalobjectives of the business if capital investment ventures are to maintain the attainment of saidobjectives. Hence,the post-audit evaluation would ascertain the level to which that backs the company’splans. It also considers externals factors that may affect a company’s approach to getting those goals. Subsequently, it is important to identify and monitor the stimuli that may seriously affect the strategic investment decision of the company.Post audit also helps to determine the implementation of a project similarly the economic benefits and expected expenditures that may be required by the project can be recognized. Hence strategy for these types of investment decisions can be efficiently improved.

Task 6

6.1    Assessing viability of financial reportsof Solution PLC

Below is a calculation of different types of ratios for solution plc i.e. productivity, liquidness, proficiency, gearing ratios, and stockholder ratios.

 

Profitability

Profitability ratios show how efficiently the company operating to generate profits.

 

Gross profit margin

It shows the gross profit that is earned for every 100 dollars of sale it should be sufficient enough to pay all expenses.(Berman, 2008)[10].

The higher the ratio, the better it is.

 

 

 

2009                           = 30.2%

 

 

2010                           = 27.77%

 

 

2011                           = 27.45%

 

Net profit margin

It representsthe net profit that is earned for every 100 dollars of sale the higher the ratio the better it is.

 

2009                            = 1.56%

 

2010                            = 1.38%

 

2011                            = 1.14%

Return on equity

 

2009                            = 5.88%

 

2010                            = 5.71%

 

2011                            =  5.09%

 

As there are not many fluctuations in profitability ratios therefore, the company performing smoothly.

 

Liquidity ratios

Liquidity ratiosshows the capability of a company to settle its currentdebts out of the present assets. Aperfect current ratio is 2:1.

Anextraordinarycurrent ratio might represent that there is additional cash that need to beprobably invested somewhere else in the industry or that there might be higher level of stock.

It also specifies the capacity of the company to pay its current obligations out of the rapid assets.

 

Current ratio

 

 

2009                                       =      = 1.67

 

2010                                       =      = 1.69

 

2011                                       =      = 1.48

Quick ratio/ acid test ratio

 

 

 

2009                                       =   = 0.74

 

2010                                       =   = 0.78

 

2011                                       =    = 0.78

 

 

Working capital efficiency ratios

This ratio is useful for measuring whether the organization has invested adequate resources in the working capital. Unnecessary investment is shown by anextended period of cash cycle that seems to be more longer. At times when it is invested more in working capital, the payback on capital invested will be lesser(Mayes, (2011), )[11].

Underinvestment in working capital is an indication of possible liquidity difficulties.

 

Debtorturnoverdays

 

 

2009                                                   =   = 61 Days

 

2010                                                   =   = 57 Days

 

2011                                                   =   =  64 Days

 

Inventory turnover days

 

2009                                         = 109 Days

 

2010                                       =  = 96 Days

 

2011                                       =   = 90 Days

 

Creditor turnover days

 

 

2009                                        = 41 Days

 

2010                                       =  =  36 Days

 

2011                                        = 46 days

 

As seen from above efficiency ratios the performance being improved from previous years but not consistently.

Gearing (leverage) ratios

 

These ratio relatesthe firm’s total debts to the company’s equity.

High geared or high leverage company is the case when debt capital exceeds equity.

Low geared is the situation when debt capital does not exceed equity.

 

 

 

2009                                       =  = 32%

 

2010                                       =   = 23%

 

2011                                       =   = 13%

 

Interestcover

 

2009                                       = = 2.3

 

2010                                       = = 2.14

 

2011                                       = = 1.83

 

6.2    Analyzing financial statements of Solution PLC through ratio analysis to

improve its credibility.

 

The reliability and value of financial information enhance the ratio study. Specifically, when the ratios that are incorporated in the financial reports. Stakeholders have a preference for data that will be shown in the financial reports. Therefore, it increases the credibility of financial reports. Ratios enable the company to match its performance among different periods.Thus,the importance of ratios on financial reports is inestimable.

 

6.3    Based on financial information, recommendations on the plannedassortment of Solution PLC

 

When a higher current risk being identified by the financial statement, of the companyfor that reason policies can be shifted towards tight budgets. As a result, the company can avoid further unexpected risks that might affect their operating activities. As there are no major variations in the company’s profitability ratios including improved earnings ratios. Subsequently suggest that current strategies are good enough to continue.

Conclusion

The finance function is an important element for companies. Hereafter operative management of finance is vital for the companies. Thus, valuation, set a price, projection, capital, planning, and funds should accurately beassessed. Observing financial performance is also significant for the company. This can be successfully achieved using financial statements through ratio analysis. The ultimate goal is to attainthe purposes of the business. Also,it assists to avoid any needless consumption of resources and funds within the company. Finally, management should strictly monitor and control finance functions.

References

Berman, K. a. K. j., 2008. Financial Intelligence for Entrepreneurs. , P. 135 ed. .: Harvard Business Press, .

Guilding, C., 2012. Financial Management for Hospitality Decision Makers,, .: Routledge .

Mayes, T. R., (2011), . Financial Analysis with Microsoft Excel,. 6th Edition ed. ,: Cengage Learning,.

Nigam, B. M. L. a. J. I. C., 2004. Cost Accounting: An Introduction,. P. 398 ed. ,: PHI Learning Pvt. Ltd, .

Ojugo, C., 2009. Practical Food & Beverage Cost Control,. 2nd Edition ed. USA: Cengage Learning,.

Prasad, M. a. S. K., 1990. Principles of Management Accounting,. 1st Edition, ed. ,: Motilal Banarsidaas Publishers, .

Rajagopal, 2013. Marketing Decision Making and the Management of Pricing,. p,121 ed. ,: Idea Group Inc (IGI), .

Seidman, K. F., 2005. Economic Development Finance,. p,26 ed. UK: Sage Publications.

Thomas, C. R. a. M. S. C., 2008. Managerial Economics,. 8th Edition, ed. ,: Tata McGraw-Hill Education, .

Tulsian, P. C., 2006. Cost Accounting. . ed. ,: Tata McGraw-Hill Education.

Warren, C. S. R. J. M. a. D. J. E., 2011. Managerial Accounting, , .: Cengage Learning, 11th Edition, P. 23.

[1]Ojugo, C., 2009. Practical Food & Beverage Cost Control,. 2nd Edition ed. USA: Cengage Learning

[2]Seidman, K. F. (2005), Economic Development Finance, Sage Publications, P. 26

[3]Guilding, C., 2012. Financial Management for Hospitality Decision Makers,, .: Routledge .

[4]Warren, C. S. R. J. M. a. D. J. E., 2011. Managerial Accounting, , .: Cengage Learning, 11th Edition, P. 23.

[5]Prasad, M. a. S. K., 1990. Principles of Management Accounting,. 1st Edition, ed. ,: Motilal Banarsidaas Publishers

[6]Nigam, B. M. L. a. J. I. C., 2004. Cost Accounting: An Introduction,. P. 398 ed. ,: PHI Learning Pvt. Ltd,

[7]Tulsian, P. C., 2006. Cost Accounting. . ed. ,: Tata McGraw-Hill Education.

[8]Rajagopal, 2013. Marketing Decision Making and the Management of Pricing,. p,121 ed. ,: Idea Group Inc (IGI), .

[9]Thomas, C. R. and Maurice, S. C. (2008), Managerial Economics, Tata McGraw-Hill Education, 8th Edition, P. 672

[10]Berman, K. a. K. j., 2008. Financial Intelligence for Entrepreneurs. , P. 135 ed. .: Harvard Business Press, .

[11]Mayes, T. R. (2011), Financial Analysis with Microsoft Excel, Cengage Learning, 6th Edition

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Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Why Choose Our Academic Writing Service?

  • Plagiarism free papers
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  • Any deadline
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  • Subject-relevant academic writer
  • Adherence to paper instructions
  • Ability to tackle bulk assignments
  • Reasonable prices
  • 24/7 Customer Support
  • Get superb grades consistently
 

Online Academic Help With Different Subjects

Literature

Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.

Finance

Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.

Computer science

Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!

Psychology

While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.

Engineering

Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.

Nursing

In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.

Sociology

Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.

Business

We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!

Statistics

We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.

Law

Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.

What discipline/subjects do you deal in?

We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.

Are your writers competent enough to handle my paper?

Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.

What if I don’t like the paper?

There is a very low likelihood that you won’t like the paper.

Reasons being:

  • When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
  • We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.

In the event that you don’t like your paper:

  • The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
  • We will have a different writer write the paper from scratch.
  • Last resort, if the above does not work, we will refund your money.

Will the professor find out I didn’t write the paper myself?

Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.

What if the paper is plagiarized?

We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.

When will I get my paper?

You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.

Will anyone find out that I used your services?

We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.

How our Assignment  Help Service Works

1.      Place an order

You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.

2.      Pay for the order

Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.

3.      Track the progress

You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.

4.      Download the paper

The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.

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