Financial Objectives

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Business Studies (BUSS 3) Mind Map on Financial Objectives, created by skipper_jack on 07/04/2014.
skipper_jack
Mind Map by skipper_jack, updated more than 1 year ago
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Created by skipper_jack about 10 years ago
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Resource summary

Financial Objectives
  1. Financial goals that a business wants to achieve
    1. ROCE (%)
      1. ROCE = (Gross profit / Capital employed) x 100
        1. (10,000 / 100,000) x 100 = 10%
          1. Profit
            1. Investment
              1. ROCE
          2. Factors influencing financial objectives
            1. External
              1. Availibility of finance
                1. Competitors
                  1. The ecconemey
                    1. Shareholders
              2. Internal
                1. Overall objectives of the business
                  1. The status or place in the market of the business
                    1. Employees
              3. Balance sheet
                1. A list of asests and liabilities
                  1. Asets
                    1. Non current
                      1. Assets where cash is not immediate
                        1. Factories, vehicles, machinery
                      2. Current
                        1. Assets that are available to the business
                          1. Cash, trade receivables and stock
                      3. Liabilities
                        1. Current
                          1. Debts a business must pay off within a year
                            1. Unpaid tax, dividends, credit
                          2. Non current
                            1. Debts a business will pay off over several years
                              1. Mortgage, bank loans
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