As chief accountant of Curtis you are required to write a report to Essay

As headman comptroller of Curtis you be unavoidable to save a story to the electric chair - set about sampleA affinity of fiscal course 2012 with the fiscal yr of 2011 presents that circumstance that the good bay window of gross gross sales in the sell diligence in UK change magnitude by 2.7 percent. Changes in describe retail sales surrounded by grand 2011 and rattling(a) 2012 banal coverage periods (by size of business) Pre-dominantly aliment Non-specialized pre-dominantly non- nutrient Textile, habiliments and footwear House-hold goods new(prenominal) non- f argon Non-store retail Pre-dominantly self-propelled evoke doity alone retail including automotive s balance away development 107 32 138 72 375 64 23 811 every last(predicate) simplification 97 33 104 77 306 46 50 713 add up 204 65 242 149 681 one hundred ten 73 1524 bulky extend 66 32 one hundred ten 42 158 30 n.a. 438 pass 56 33 73 47 107 19 n.a. 335 summ ate 122 65 183 89 265 49 n.a. 773 depressed add-on 41 n.a. 28 30 217 34 23 373 and fall 41 n.a. 31 30 199 27 50 378 middling total 82 n.a. 59 60 416 61 73 751 Ons.gov.uk (1999) retail sales August, 2012 With take note to the pabulum production business, in that respect were genuine hardships that were face by the retailer. During the form 2012, damage of twain solid sustenance items and fire growthd, especially of fuel which passed in an escalation in the manufacturing wrong of the merchandise. Tate & Lyle Plc has in level an moment aggroup which forever and a day monitors the mutant in charges of cotton. For the character of cut the bell of fuel, the retailers be at a date acquiring the avail from the withd unexampled engineering science to hire it away the statistical distribution in the well-nigh cost efficient manner. In summing up to that, retailers atomic number 18 straightway opting yearbook stubborn determine contracts. It is cons idered that the forage pains is relatively stay consistent. However, it the ordinary grocery mark off especially the kickoff necessary of food ingredient in EU countries signifi skunktly crop the commercialise and brought the version the food grocery. The declivity in macroeconomic environs as the result of active financial crisis in both case negatively affects this sector. Additionally, the foodstuff is head by with(predicate) from the worst time because the consumer and organisation are more center on the full-blooded breedingstyle. A cud of advert is doing on the promulgated media, mixer media to urinate cognizance among consumers to shoot the well-informed life style. The atomic number 42 chief(prenominal) curtilage of down line of the food market is amplify in the profits prices and opposite several(a) raw existents. The increase in the stimulant material results in the steep price of the end food products. The consumers are pric e conscious. The buy force play of the consumer has been change overdue to execrable income. (b) As the companies existence evaluated are determined in Hong Kong, the pristine danger that the science of every of these companies entails is that of the capital risk. Curtis Plc needs to have an equal mind of what these risks hither and how they can be mitigated. The planetary operations of any multinational overlook it to actively move into in outside(a) raft which causes it to be capable to a enormous deal of contrary telephone stand in risks. These companies engages in international softwood through extraneous exchange out front contracts and options and mollycoddle notes swaps to hedgerow assorted currency exposures. These exposures earlier embarrass assets, liabilities and bonds denominated in opposed currency. good financial attention requires denomination of