Business, 22.11.2020 17:30 mangociruelo9402

Item C BMR plc

BMR plc knocks down unwanted buildings and prepares the land for construction when a site is being redeveloped for a new use. The company recently started to salvage, recycle and sell building materials that can be used in other construction projects.
Many of its demolition jobs take several months to complete and BMR plc can wait for over a year before it is paid. BMR plc receives the money from its sale of salvaged building material within 2 months.
Demolition businesses often deal with dangerous and heavy materials that need to be disposed of well away from the building site. The demolition industry has received a lot of criticism in recent years for damaging the environment. Some demolition businesses have even tried to reduce costs by operating in ways that put site workers and the public at risk. BMR plc wants to be known as an ethical business and has set itself the objective of operating in an environmentally friendly way.

Extract from BMR plc’s statement of financial position (balance sheet):

All figures are in millions of pounds (£m).
Current ratio = Current assets/Current liabilities.
The current ratio at the end of 2015 was 1.25.

Unit 2 - May 2017

BMR plc has said that it wants to be known as an ethical business and one thing it has done is to set an environmental objective. Explain whether you believe that this is a sensible thing for BMR plc to do. Use Item C to support your answer.
[9 marks]

PLEASE HELPP I DONT GET THISSS

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:30

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

Answers: 2

Answer

Business, 21.06.2019 23:00

Each of the four independent situations below describes a sales-type lease in which annual lease payments of $12,500 are payable at the beginning of each year. each is a finance lease for the lessee. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) situation 1 2 3 4 lease term (years) 3 3 3 3 assetâ€™s useful life (years) 3 4 4 6 lessorâ€™s implicit rate (known by lessee) 14 % 14 % 14 % 14 % residual value: guaranteed by lessee 0 $ 5,000 $ 2,500 0 unguaranteed 0 0 $ 2,500 $ 5,000 purchase option: after (years) none 2 3 3 exercise price n/a $ 7,500 $ 1,500 $ 3,500 reasonably certain? n/a no no yes

Answers: 1

Answer

Business, 22.06.2019 13:00

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators

Answers: 1

Answer

Business, 22.06.2019 20:40

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.

Answers: 1

Answer

You know the right answer?

Item C BMR plc

BMR plc knocks down unwanted buildings and prepares the land for constru...

Questions