Finance for Strategic Managers
Name of the Student: BHAVISHABEN AKASHKUMAR THAKOR
Student ID:
Name of the University:
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Table of Contents
Introduction……………………………………………………………………………………………………………………..3
Task 1……………………………………………………………………………………………………………………………..3
AC 1.1 Source of financial data used to inform business strategy……………………………………….3
1M1 impact of creative accounting…………………………………………………………………………………4
AC 1.2 needs of financial data and information concerning business strategy………………………5
AC 1.3 Analysis of the risk related to financial business decision……………………………………….5
Task 2……………………………………………………………………………………………………………………………..6
AC 2.1 Viability of the organization………………………………………………………………………………..6
2M1 Recommendation to an organization based on the analysis and interpretation of financial
information………………………………………………………………………………………………………………….7
2D1 method and tools that allows business to analysis the financial data for strategic decision
making purpose…………………………………………………………………………………………………………..11
AC 2.2 Comparative analysis of financial data using ratio analysis…………………………………..12
2M2 Limitation of ratio analysis as a tool for strategic decision making……………………………14
Task 3……………………………………………………………………………………………………………………………15
AC 3.1 Appraising strategic capital expenditure project and strategic decision…………………..15
3M1 Importance of cash flow management……………………………………………………………………16
3D1 Impact of the business proposal on strategic decision making of the organization………..16
AC 3.2 Business proposal for capital expenditure in an organization using a financial
technique……………………………………………………………………………………………………………………17
3D1 Appraising strategic capital expenditure projects and strategic direction:……………………18
Conclusion…………………………………………………………………………………………………………………….19
Appendix……………………………………………………………………………………………………………………….20
References……………………………………………………………………………………………………………………..27
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Introduction
According to Abeyrathna and Lakshan, (2021) Managerial finance is the division of finance that
worries itself with the decision-making presentation of economics methods. It is the tactical
preparation, establishing, guiding, and supervisory of financial activities in an association. The
objective of financial management is to deliver organizational philosophies to any financial
possessions of an association, occupational, or even individual fiscal administration. This
objective also shows a significant character in financial administration consistent with the
contribution from fiscal administration methods. Managerial finance is also absorbed in defining
the maximum optimum technique to make income to recover forthcoming prospects of the
company, while also diminishing the possible influence of any fiscal amazement. Managers
should also inspect how possessions are owed within an association and how much resources are
needed for further production. Managerial bookkeeping is the arrangement of ordering,
measuring, inspecting, understanding, and teaming up monetary data to finance managers for the
pursuit of an organization’s targets (Abutabenjeh,2021). It varies from monetary accounting
because the imagined assurance of administrative bookkeeping is to help the administrator’s
inside the organization in setting up occupational decisions and relative choices. Administrative
bookkeeping incorporates various sides of bookkeeping implied at refining the prevalence of
data passed over on administration about budget and the monetary related interaction
measurements and transactions.
Task 1
AC 1.1 Source of financial data used to inform business strategy
Balance Sheet
The balance sheet is a swift of what the business possesses (its assets) and what it is indebted to
(its liabilities) and the variance among the two (net worth, also named proprietor’s equity).
Assets are characterized into two classes, current and non-current (AHMED et al., 2021).
Current resources are those that are cash or can voluntarily be changed to cash within the
succeeding year. The total assets and total liabilities are designed. The net value of the business
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is the variance among the total assets and the total liabilities and signifies the stability of the
assets and the accountabilities.
Income Statement
The income statement shows the income created from transactions, the working expenditures
complicated in making that income as well as extra costs, such as duties and interest expenditure
on any obligation on the balance sheet. The net sum of the income statement is the net income or
the profit for the period. Net revenue is income minus all of the expenses of undertaking trade.
Cash Flow Statement
The cash flow statement shows the cash produced for a period, counting all of the businesses that
added to or deducted from money (Basar,2021). Cash flow is significant since it displays how
considerable cash is obtainable to encounter short-term responsibilities, invest in the business, or
recompense bonuses to stakeholders. Payments are characteristically cash expenditures to
stakeholders as an incentive for capitalizing the business. The cash of the industry approaching in
and leave-taking are usually branded in the cash income and expense groups’ castoff in the
income statement.
1M1 impact of creative accounting
 According to (Cheng et al., 2021), The handling of capital costs is dependent on the
choice of whether to capitalize or not to capitalize the spending, the amount of spending
that is capitalized, as well as the depreciation strategy. The difference between growth
and study expenditures establishes the conditions for the emergence of financial
innovation to take place.
 Consequently, an entity that employs a financing strategy for production costs can alter
the outcome of activity by redefining it into either the study classification which affects
the net income account or the growth classification, which affects the financial statement,
depending on the circumstances (Cheng et al., 2021). The business may also raise doubts
regarding the end of the work at any moment to shift expenditures from the income
statement to the profits and loss column if necessary.
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 Organizations in financial difficulties often use innovative accounting methods related to
asset appraisal to enhance their capital base. The selection of the evaluated and the
placement of the assessment are also important considerations in accounting practices.
 The depreciation interval is an estimated number accessible to the administration of the
financial organizations, therefore, having a subjectively use, because the scope of typical
working time is chosen for the outcomes to be reported differently.
AC 1.2 needs of financial data and information concerning business strategy
Net Cash Available
Net cash is the amount of a company’s monetary suitability. It specifies the level of effectiveness
with which the Samsung Company is using its monetary possessions to produce more cash for
novel savings (Durana et al.,2021). It is the quantity of cash obtainable after deducting savings
and upsurges in employed capital from the corporation’s working cash flow.
Revenue Growth
The amount, effectiveness, and superiority of Samsung plc incomes are determinate of the
company’s perspective level of long-term achievement, important anxiety in strategic
development. The revenue development control subtracts the company’s last time’s income from
the present time’s incomes and then divides that consequence by the total of last time’s incomes.
Profitability Ratios
This ratio is one measure of a corporation’s working productivity. It also specifies parts
necessitating remedial acts (Freund et al., 2021). And, it measures the relations among profits
and sales, total assets, and net value. An industry must create objectives for its profitability ratio
when it is compulsory to the idea for growing efficiency of processes and educating value-chain
actions.
AC 1.3 Analysis of the risk related to financial business decision
Market Risk
Market risk comprises the risk of varying circumstances in the precise market in which a
business contests for trade. One example of market risk is the rising partiality of consumers to
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shop online. This article on marketplace risk has existing significant experiments to outdated
selling companies.
Businesses that have been able to create the essential variations to attend an online spending
community have succeeded and realized substantial income development. Example of market
risk comprises economic collapses, changes in interest amounts and political disorder.
Credit Risk
Credit risk is the danger industries acquire by scattering acknowledgment to consumers. It can
also denote the business’s credit risk with traders (Gao,2021). An industry takings a monetary
risk when it delivers financing of procurements to its consumers, due to the opportunity that a
consumer might able to do the expense. Credit risk is when businesses provide their consumers a
streak of acknowledgment; also, a business’s risk of not having sufficient money to reimburse its
bills.
Liquidity Risk
Liquidity risk comprises asset liquidness and occupied capital liquidness risk. Asset liquidness
denotes the comparative coziness with which a business can translate its possessions into cash
should there be an unforeseen, substantial requirement for extra cash flow (Gomes and
Berman,2020). Working money liquidness is an alignment to day-to-day cash flow.
Operational Risk
Operational risk denotes the numerous dangers that can arise from a business’s ordinary business
actions. The operational risk grouping comprises proceedings, deception risk, employee’s
problems, and business prototypical risk, which is the risk that a business’s models of advertising
and development strategies, might demonstrate to be imprecise.
Task 2
AC 2.1 Viability of the organization
 Financial viability valuation is one of the choices of measures intended to decrease risk.
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 The necessities for financial viability calculation should be measured when preparation
the affectionate (Guida et al., 2021). The procedure for the valuation of financial viability
should be proportional to the danger for the Samsung plc Company.
 While the evidence providing for financial assessments is a past picture which can only
offer present or short term upcoming probabilities grounded on the present, known
matters and circumstances, a thing must gratify itself that, grounded on that present
obtainable info the tenderer it is the industry with is possible to continue financially
feasible for the lifetime of the planned agreement or can be willingly changed should they
become solvent.
 Financial reports can be examined to deliver understanding into a tenderer’s monetary
steadiness (Hashemi Tilehnouei and Nik Kar,2021). A variety of financial ratios can be
cast off to measure a Samsung plc profitability, liquidity, and monetary steadiness.
Maintenance should be castoff in smearing the ratios, as values differ among companies.
2M1 Recommendation to an organization based on the analysis and interpretation of
financial information
Analysis and interpretation of the financial position
This report has shown that Samsung is a strong company making improvements annually to
ensure it is profitable. By making the right investment decision by management, the company
was able to achieve its objectives. Gross profit in 2018 has improved compared to 2017. This
shows that the company was generating substantial returns (Moxey et al., 2021). The liquidity
analysis also shows that the company has good and sufficient liquid funds. However, there are
some recommendations that the company should adopt to continue improving.
 Looking at Samsung’s average ratio, the company is doing better as time goes on. For
instance, the quick ratio stood at 1,25 times while the Company’s ratio was 1.1 times in
2018. This ratio helps in making sound and better decision making with regard to
liquidity of the company assets.
 This is a clear indication that Samsung is not utilizing its capital efficiently. The negative
impact in 2018 led to negative return on capital value. Drop of profit led to low capital
investment in 2018 by 14.5%, asset utilization also went down. The company need to
look for better means of maximizing its sales through proper marketing strategies to
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better its profits. The Company needs to move on with new marketing and negotiation
techniques to boost its sales within the joint ventures. But as per the overall analysis, the
company is growing up well. The management can do better if it opts to venture into
short term cash generating projects
 The overall position of the company is very good as it achieved sufficient profit in the
two years. In addition, its long term solvency is good since it maintained low liquidity to
achieve a high profitability.
 The company was able to distribute dividends every year to its shareholders. Revenue of
the Company improved in 2018 upto $143 million compared to 2017 which had $134
million. This was a result of intensive research and development in Samsung. Also,
shareholder got a profit in 2018 compared to the situation in 2017 (Nnenne Ifechi et
al.,2021). Since the overall profit was not good enough, the company needs to spend
more on marketing their products as well, not only in research and development

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2D1 method and tools that allows business to analysis the financial data for strategic
decision making purpose
Budgeting
The utmost simple procedure of financial examination for strategic administration is budgeting.
In adding to making budgets for the pending year, the administration conducts budget
modification examines to control where preceding finances were not precise and why (Kimanzi
and Gamede,2020). Using the evidence, the strategic administration side makes variations to the
parts that produced adverse budget consequences and aspects to take benefit of performs that
produced better-than-budgeted consequences.
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Pricing Analysis
The price analysis will produce extraordinary transaction capacities at high values, and strategic
organization attempts to control the elasticity of demand for goods at dissimilar values. The
special effects of value upsurges and declines can benefit executives to generate strategic valuing
policies, such as vending at a low value to make higher capacities or marketing at advanced
values, which might affect lower capacities. Once this examination is ended, executives can
regulate how these policies will disturb gross profits.
Evaluating Costs
One method for examining the finances of a business is to calculate overhead and manufacture
costs. Overhead costs are expenditures connected to running a trade irrespective of what the
trade’s heights are (Kori et al., 2021). These comprise such charges as rent payment, insurance,
advertising, and office staff. Manufacture costs are those expenditures openly connected to the
creation the goods, such as provisions, employment, equipment, and wrapping. Once the
administration knows overhead and manufacturing costs, it can decide those prices per unit at
dissimilar stages of manufacturing.
Cash Flow Management
Cash flow management is the moneymaking trades can have worry disbursing their bills if the
business doesn’t organize receiving of their receivables with due days of payables. The strategic
organization comprises handling cash flow, guaranteeing the company has sufficient cash or
acknowledgment to recompense its expenses.
Performance Analysis
Performance analysis will help the business firm to know the exact performance of the business
in the past year by analyzing the financial tools.it will be helpful for the business to determine
the actual losses or profit the business had earned previously (Liu,2021). It will analyze the
performance of the business by analyzing all the previous year’s financial data.
AC 2.2 Comparative analysis of financial data using ratio analysis
Ratio analysis is a type of balance sheet analysis used to get a clear indication of a company’s
performance. The main financial metrics performed include profitability metrics, asset
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management metrics, and short-term solvency ratios. Additionally, metrics can be used to
analyze trends in the organization and where there is room for improvement (Sminia, 2021).
Ratio analysis will help us analyze Samsung’s financial performance and find a better way of
looking at the company and its competitors.
Profitability analysis
Profitability analysis shows us the evolution of the profits of Samsung PLC for the given period
and how this affects the other respective units used to measure the performance in relation to the
capital invested in the company. They saw their profits fall 33.59% in 2018 from 33.65% the
previous year, which had a negative impact on the return on investment. This resulted in a
14.59% drop in ROI, although it did not affect its position in the industry. This shows that the
management of Samsung PLC no longer relied on processes to improve sales. The following
table shows Samsung’s profitability analysis for the following years 2017 and 2018.
The Analysis of Samsung PLC’s Solvency
Here, we will inspect its rank with admiration to its accountabilities or long-term amount
overdue as well as its benefits. The gearing ratio of Samsung elevated to 8.49% in 2018 from
5.29% in the preceding year hence an indication of an increase in their expenditure. This means
that their management should put a focus on activities which are short-term in order to minimize
their reliance on credit and debt so that they can plan for recovery. The solvency analysis is
shown as below.
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Analysis of Asset Efficiency
This will evaluate their ability to utilize their assets for the aim of revenue generation hence the
need for using efficiency ratios including inventory ratio, fixed asset, and the total asset turnover
ratio. Their inventory ratio dropped to 7.4 times in the year 2018 compared to 7.68 times in the
year 2017 hence an indication of a reduction in their selling efforts. In addition, their fixed asset
turns over reduced to 1.96 in the year 2018 compared to 2.12 times in 2017 which is lower 2.9
times which was the ratio in the industry. Its total asset turnover as well reflected a reduction;
hence the management of Samsung PLC can rely on it to make a decision on whether to act on
the current assets in the fixed ones to achieve a reduction in their weakness against the industry.
This table summarizes how this analysis is done.
.
Analysis of the Working Capital Strength
This will establish how the funds used in driving Samsung’s daily needs will have performed
whereby their stock turnover has risen in the year 2018 as compared to year 2017. This herby
indicates that they did not perform well in terms of sales hence a creation of underutilization of
their money hence their management should focus on their marketing bit as well as the quality of
their products for an improvement in the sales levels.
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2M2 Limitation of ratio analysis as a tool for strategic decision making
 Ratio analysis has several limitations since it uses historical results to predict the trend in
the future which does not guarantee the same results in the future . Its consideration of
inflation leads to distorted results since the inflation rates vary from one year to another.
 The company can also change their operational structure hence the calculation of a ratio
over a period of years could lead to a conclusion that is misleading.
 Ratio analysis fails to consider variations in the conditions of a business environment and
company strategies which vary from one company to the other.
 A detailed analysis is important in determining variations in the current ratio as opposed
to the ratio ration analysis which generalizes data trends hence posing a wrong
interpretation which can lead to misleading actions by the management
Task 3
AC 3.1 Appraising strategic capital expenditure project and strategic decision
Capital expenditure is the money spent by the administration on the growth of equipment, gear,
structure, fitness amenities, learning, etc. It also comprises the spending experienced on
obtaining fixed possessions like land and investment by the administration that provides profits
or surplus in forthcoming (Milana and Ashta,2021). Disapproval of reimbursement is that the
period worth of cash is not measured and the cash flows over the whole life of the development
are not measured. These method expressions the upsurge in accounting profit associated with the
enlarged investment. This method also overlooks the time worth of money. This technique does
deliberate the time worth of currency and appearances at the cash flows over the whole existence
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of the development. The method calculates the amount that will mark down the upcoming cash
flows to be equivalent to the cash expenditure for the development.
Appraising strategic capital expenditure projects and strategic direction
o The utmost simple procedure of financial examination for strategic administration is
budgeting. In adding to making budgets for the pending year, the administration conducts
budget modification examines to control where preceding finances (Mitchell,2021). The
budgeting procedure is an outstanding time to appear for replacements to capital
developments. Whether or not the obtainability of reserves is a current problem, leasing
amenities or subcontracting activities desire to be measured.
o The price analysis will produce extraordinary transaction capacities at high values, and
strategic organization attempts to control the elasticity of demand for goods at dissimilar
values. Price examination is the procedure of inspecting and assessing a planned value
without assessing its distinct cost features and planned profit. Some procedure of value or
cost analysis should be done in linking with every obtaining achievement, notwithstanding
whether the association is a wholesaler or a sub receiver. The procedure and gradation of
analysis, though, are reliant on the specific delegate or acquisition, and the pricing condition.
3M1 Importance of cash flow management
The evaluation and the selection of the long-term investments aim at maximizing the wealth of
the investors of a company. Hence, when a business makes a capital investment, they expect to
benefit in the future which is not limited to one-year duration. The main need for cash flow
management is to give the management a proposal which will yield the best returns to the
investors
 The decisions on capital budgeting entail the investment of substantial amounts of
money, hence the importance of a firm to make such decisions in order for them to use
their resources profitably since making of the incorrect decisions would lead to losses of
the company could fail generally.
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 The effects of managing cash flows in the evaluation of expenditure on capital affect the
firm for the long term hence such decision have an influence on the direction and the rate
of how the company grows (Wright and Siegel,2021).
 It is important since the majority of the decisions made on capital budgets are irreversible
because it is a difficult task to sell capital items which are already second hand hence an
in deep evaluation should be done before any expenditure on capital items is done.
3D1 Impact of the business proposal on strategic decision making of the organization
Decision-making creates a huge influence on an association. It can either push it onward and into
accomplishment. Or it can abolish the corporation’s value (Nnenne Ifechi et al., 2021). The
poorest thing that a company can do is to not make a decision. There is continuously a healthier
choice than not creating a decision. It decreases the uncertainty as the company has already
composed an indication, considered the replacements, and departed through various situations of
how each decision will possibly turn out. Decision-making is an important purpose in
administration. Decision-making reproduces the achievement and disappointment of superiors
and the association mostly axes upon the superiority of decisions. The decision-making
procedure is contingent on the variances amongst supervisors’ morals, approaches, learning,
association, administrative level.
AC 3.2 Business proposal for capital expenditure in an organization using a financial
technique
The procedure of accounting for capital expenditures is important for an industry to function and
produce in a well and profitable approach. Capital expenditures are expenditures a company
makes to endure and enlarge its trade over years. An item of capital expenditure is the cost of an
ability that has effectiveness, serving to make profits for a period lengthier than the current tax
year. This differentiates them from working expenditures which are payments for assets that are
bought and spent within the same duty year (Yu et al., 2021). Capital expenses bring both
assistance and dangers. Capitalizing in Samsung plc can recover the effectiveness of a business,
can permit the company to increase a modest edge, while at a similar time they might fail to
achieve as expected, ensuing in losses that could have been allotted elsewhere. It’s significant to
generate a complete capital spending strategy to circumvent any expenditure invades. As capital
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expenditures signify considerable savings of cash intended to demonstrate return on the capital
speculation throughout ages, that essential to be prudently deliberate.
Current machine
Capital – £260,000
Expected units produced in year 1 is £90,000
Selling price is 5 per unit
Hence total output is 90,000 * 5 = £450,000
Expenses
Direct materials 1.80 * 90,000 = £162,000.00
Direct labor 0.75 * 90,000 = £67,500
Variable overheads 0.45 * 90,000 = £40,000.00
Depreciation 0.35 * 90,000 = £31,500.00
Reparation & Maintenance = £7000.00
Whole Expenses = £308,500.00
Surplus = 450,000 – 308,500 = £141,500.00
The current machine will produce the same output as the new machine in year one of £450,000.
However, the current machine has a higher cost as compared to the new machine. Hence the new
Machine has more profits as compared to the current machine hence reliable.
The current machine will produce the similar production of £250,000 as the new machine in year
two. However, the current machine still had more costs as compared to the new machine making
the new machine to have more profits as compared to the current machine that they are using.
When compared to year one, the overall profit in year two reduced by £66,500 and £70,000
respectively. Both outputs and cost reduced when compared to year one.
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3D1 Appraising strategic capital expenditure projects and strategic direction:
 Planned decision-making processes, poor control over decision-making problems, and
lack of a perfect solution process are of great importance to the statement.
 The company’s proposed resolution is measured as the highest of the total proposed
business combination; the latter is affected by the collapse of the strategic decision and
therefore has a strategic character. (Yu et al., 2021).
 Planned decisions should provide financial assistance and try to adapt the whole
possibility and method of the company.
 The worst thing a company can do is not make a decision. There is always a healthier
option than not making a decision. It reduces uncertainty because the company has
already established an indication, considered substitutions, and went through various
scenarios of how each decision might turn out. Decision making is an important purpose
in management.
Conclusion
Finally, in a nutshell, it can be concluded by adding the benefits of a financial report along with
the prospects and how it helps to improve the efficiency of the particular business organizations
or organizations towards the establishment of the organizational goals in the long run. Thus, the
researcher can conclude that the manager needs to manage everything in the company. the
manager needs to observe the quantity, quality, and resources so that the company can earn more
profit from it, the company also faces a lot of competitors in the market and the cost which the
company needs to decide which will be beneficial for the company as well as the customers. In
the above part, the company faces a lot of competitors but still earn huge profit from their
production.
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Appendix
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