Assignment Sample on Finance Assignment

Task A

Objectives of implementing budgeting in London Docks Cafe

Establishment of future goals is one of the important objectives of budgeting as the strategic factors may help in the increment of necessary factors. Executing tools and strategic aspects can be made effective as there are several changes in the development areas in London Docks Cafe. Actual factors on the basis of progress into the sustainable issues based on its development in its business opportunities. It needs to maintain several changes in its most effective allocated areas. Budgeting ensures effective visualization of the strategies of budgeting as there are necessary areas and proper implementation of its key areas. Controlling systems of a business can be made on the basis of systematic progression in its business.

Justification of the necessary factors such as improvement in planning tools, progression in the strategies, necessary changes into the effective policies are considered as the major aspects of budgeting, specific implementation on the various strategic factors can be made effective on the basis of effective creation and specific evaluation of the monetary policies within London Docks Cafe. As opined by Goksu and Altundemir (2017), moderates and specific implementation on the sustainable factors and necessary positiveness into the various specific tools and stability analysis of its financial productiveness which can be evaluated on the basis of the necessary progression and the several important aspects of its financial factors. Delegating and authorization modifications are found through evaluative changes into the several aspects and major strategic changes into the positive estimates of London Docks Cafe.

Evaluation of benefits of robust budgeting process in London Docks Cafe

Budgeting may have several dominant factors to increase the sustainability analysis on the basis of developing and procurements of necessary tools in its specific creative areas. Implementation of the necessary and several changes can be used as it can be allocated on the basis of allocating specific and reasonable tools and strategic progression in its business. As narrated by Amir (2020), effective growth and sustainable procurement into several effective aspects can change total profitable structures of its budgeting allocation. Budgeting helps to create effective and supplementary aspects into the several effective aspects into the major and profitable factors into the development of the volume of London Docks Cafe’s business.

Task B

Discussion on London Docks Cafe’s revenue variance in December 2020

Revenue variances are all about making necessary changes to the revenue structures and the changes into the total business volume of a company. Changes and specific allocation can be made on the basis of creative and strategic dominance on the basis of key salinization and the necessary implementation on the basis of the key changes into the several aspects on the basis changes into its revenue volume. As opined by Naseri and Hosseini (2017), changes in the total production volume tend to implement necessary moderates in favour of several allocating tools and modifications in its business. Budgeted material quantity was decreased to £18000 as the budgeted consumption value was £20000 units. Changes in the total activity of producing making specific changes into the total effective values and the specific development areas within London Docks Cafe.

Assumptions on spending variances in London Docks Cafe in December 2020

Spending variances is all about several changes and the key effective areas into the sustainable changes and the total evaluating features of its marketing areas. Several modifications can be used to implement necessary changes and the evaluating business changes to discuss and change the viability of London Docks Cafe. Total changes in the London Docks Cafe may impact the financial resources and the production services in its business volume as there are adequate areas that need to be implemented based on three technological changes as well as necessary implementation to increase sustainability in its sales volume. As narrated by Richards et al. (2020), allocation of the necessary tools and evaluation of the positive factors can be used to change the statistical approaches and the necessary process unto the several sustainability allocations within London Docks Cafe.

Task C

Preparation of variance report of London Docks Cafe

Variances reports can be implemented on the basis of necessary changes and summative evaluation of the various retail factors in the sustainable uses of a business. Percentages of variances are one of the major and effective factors in the variances report as it can be able to narrate specific and reasonable changes into the productive elements of its key factors (Ogura et al. 2020). Marginal changes into the total utilities can be allocated on the basis of regional and evaluative implementation of the various summative policies into the development issues and the total variables on the basis of the key aspects and the total implementation and the specific accommodations techniques allocation in its business. Allocation of the necessary tools and policies can be made as it needs to change the portfolio model of its business activities.

Suggestions on analysing variance report in London Docks Cafe

• Material used in December 2020 has been decreased to £18000 units as specific changes need to be incurred to make effective changes to the strategies and sustainability of London Docks Cafe (Bianchi and Donà, 2019). A decrease in the total material used is related to the decrease in the total sales volume of a company as it can be marinated to increase the sustainability of its business.
• A decrease in the post of expenses has been visualized in the year 2020 as the decrease is not relevant on the basis of total changes in the stability performances of its business (Iwazaki et al. 2021). Allocation of the necessary techniques can be implemented to increase the sales volume as well as decrease cost of operation.

Task D

Profitability and sustainability in London Docks Cafe

Strategic costs and the necessary factors can be made on the basis of the various issues on the basis of the key areas in its various areas. Fulfillment of cost and stagnant appraisals can be effectively implemented on the basis of reasonable areas. Application of the several tools and various issues can be found as effective on the basis of the reasonable areas in the development areas. As opined by Zhao et al. (2020), profitability is considered on the basis areas into the sustainability analysis of its business areas. Channelization of the portfolio model of a business is said to be effective to create sustainability analysis of its business. Cost reduction can be effective in incrementing the strategic progressions. Change in the utilities is another reason to increase profitability in London Docks Cafe.

Sustainability is related to the development of profitability in its business as London Docks Cafe needs to change the stability analysis of its financial aspects. Facility rent and insurance values are associated with the necessary schemes and strategies in London Docks Cafe. Increasing staff efficiency and the total profitable structural change can help in the total change in the effective evaluation of its policies. As opined by Jewsbury (2019), changes in the total and progressive areas can help in increasing the productive volume of its company. Allocation of the reasonable implementation should be allocated to narrate several changes in the commendable growth in London Docks Cafe.

Necessary modifications to improve profitability in London Docks Cafe

London Docks Cafe can increase its profitability on the basis of reducing its total costs and expenses regarding its financial structure. London Docks Cafe has to utilize its capacity of material used which can be considered as an effective term to increase the strategic policies. Overall effective volume of London Docks Cafe is associated on the basis of necessary changes into the financial variables in its business. As narrated by Yao et al. (2018), introducing new products can help in the growth and financial effective features which can be used to make necessary adjustments in the development of the various strategic factors in London Docks Cafe. Proper increment in the staff’s efficiency in the development of the various factors and the reasonable growth in its business. Allocation and amendments into the specific tools can be able to increase the sustainability in its business

Sustainability into the London Docks cafe can be generated as it needs to change several policies and effective areas in the product development and the various factors in its business. Necessary amendments and strategic issues can make effective decisions about the various strengths and policies of its business. As narrated by Altavilla et al. (2018), evaluation of the effective policies and necessary amendments can make specific justification on the basis of several implementations and reasonable features of its strategic tools. Things must be implemented to change the overall innovation and development procedures as it helps in creating an effective impact on the reasonable and effective implementation of its various strategic progression. London Docks Cafe needs to increase its operating services as it will be treated as a great move to increase volume of its operating cycle.

Reference List

Altavilla, C., Boucinha, M. and Peydró, J.L., 2018. Monetary policy and bank profitability in a low interest rate environment. Economic Policy, 33(96), pp.531-586. Husain, T. and Sunardi, N., 2020. Firm’s Value Prediction Based on Profitability Ratios and Dividend Policy. Finance & Economics Review, 2(2), pp.13-26. Available at: https://repositori.upf.edu/bitstream/handle/10230/44751/1655.pdf?sequence=1&isAllowed=y

Amir, A., 2020. Public Policy Implementation: Study on Educational Budgeting ofPalopo. Journal La Sociale, 1(1), pp.5-11. Available at: https://www.newinera.com/index.php/JournalLaSociale/article/download/19/7

Bianchi, E. and Donà, P., 2019. Typical entanglement entropy in the presence of a center: Page curve and its variance. Physical Review D, 100(10), p.105010. Available at: https://link.aps.org/pdf/10.1103/PhysRevD.100.105010

Fernández Galván, I., Raggi, G. and Lindh, R., 2021. Restricted-Variance Constrained, Reaction Path, and Transition State Molecular Optimizations Using Gradient-Enhanced Kriging. Journal of Chemical Theory and Computation, 17(1), pp.571-582. Available at: https://www.diva-portal.org/smash/get/diva2:1536736/FULLTEXT01.pdf

Goksu, G.G. and Altundemir, M.E., 2017. Performance-based budgeting on strategic planning: The case study in Turkish higher education system. New Trends and Issues Proceedings on Humanities and Social Sciences, 3(3), pp.263-270. Available at: https://un-pub.eu/ojs/index.php/pntsbs/article/view/1568/6311

Iwazaki, S., Inatsu, Y. and Takeuchi, I., 2021, March. Mean-Variance Analysis in Bayesian Optimization under Uncertainty. In International Conference on Artificial Intelligence and Statistics (pp. 973-981). PMLR. Available at: https://www.mdpi.com/2227-7099/6/4/66/pdf

Jewsbury, P.A., 2019. Error Variance in Common Population Linking Bridge Studies. ETS Research Report Series, 2019(1), pp.1-31. Available at: https://onlinelibrary.wiley.com/doi/pdf/10.1002/ets2.12279

Naseri, H. and Hosseini, M., 2017. Identification and ranking of effective factors on operational budgeting of Municipality of Golestan province. JOURNAL OF MANAGEMENT AND ACCOUNTING STUDIES, 5(03), pp.76-80. Available at: http://journals.researchub.org/index.php/JMAS/article/view/334/323

Ogura, K., Nagashima, M., Shimakawa, R., Hayashi, M., Kobayashi, M.A., Oogi, T., Ishiyama, T., Koyama, Y., Makiya, R., Okoshi, K. and Onodera, M., 2020. Quantifying the Effect of Field Variance on the Hα Luminosity Function with the New Numerical Galaxy Catalog (ν 2GC). The Astrophysical Journal, 895(1), p.9. Available at: https://arxiv.org/pdf/2004.00815

Richards, G., Wei, Y. and Hendriks, O., 2020. Self-measured digit ratio (2D: 4D) and gender variance. Endocrine Practice, 26(2), pp.250-251. Available at: https://www.researchgate.net/profile/Gareth_Richards7/publication/336497354_Self-Measured_Digit_Ratio_2D4D_and_Gender_Variance/links/5da362aba6fdcc8fc34f0f47/Self-Measured-Digit-Ratio-2D4D-and-Gender-Variance.pdf

Yao, H., Haris, M. and Tariq, G., 2018. Profitability determinants of financial institutions: evidence from banks in Pakistan. International Journal of Financial Studies, 6(2), p.53. Available at: https://repository.ihu.edu.gr/xmlui/bitstream/handle/11544/29687/Dissertation%20_Aglaia_Kanella.pdf?sequence=1

Zhao, H., Yang, L., Dong, Y. and Wu, Z.Y., 2020. Phenotypic variance in monozygotic twins with SCA3. Molecular Genetics & Genomic Medicine, 8(10), p.e1438. Available at: https://onlinelibrary.wiley.com/doi/pdf/10.1002/mgg3.1438

Appendices

Appendix 1: Variance report of London Docks Café

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