Friday, April 19, 2019
Unilever international finance and accounting Essay
Unilever international finance and be - Essay ExampleUnilever, United Kingdom, has just dropped Boursin as iodin of its art entities.Unilever ia a global line of descent focusing on personal c are, food and other consumer products. It has entrenched itself in the home as one of the trusted and reliable but reasonably priced products in the market today.Unilever has always been a staunch ally of all social responsibility laws. The social responsibility laws focus on many issues (Sluyterman 2005, 12).Further, one much(prenominal) issue is the payment of minimum salaries to its workers. Another such issue is the implementation of work conditions where environmental laws are taken into consideration. Another issue of social responsibility it the caller-ups role of uplifting the lives of people in its community, the customers of Unilever and the land as a whole. In this regard, companies like Unilever are required to produce products that are not pestilential to the customers and the environment (Dingman 2008). Unilever is an institution today because it had gone through many courses of trials and errors with the aim of making dough without sacrificing its social responsibility to the community and other stakeholders. The following paragraphs explain Unilevers important place in the business world in terms of making profits, divestment of segments and its social responsibility.Unilever (United Kingdom) is one of the country units of Unilever world. The company has been producing popular home base brands that are needed by homes, offices and work places around the United Kingdom alone. The company is an institution in the field of food, home and personal care products. Unilever (United Kingdom) has under its big belt over thirty tail fin brands that include Cornetto, Bertolli, Cif, and Sunsilk. In the area of highest country revenue, the United Kingdom is next scarce to the United States. The company has started smoothly the rough working conditions in o rder to streamline its operations. One such financially conciliate move was to cut its managerial positions by half during the course of instruction.Reference www.finance.google.com/financecid=5763516Further, the company has also innovated its company -wide sales and marketing operational strategy. The company has reduced operating expense in its United Kingdom first by relocating its three departments to one single location. This financially rewarding move is currently the right period for the company continue its retrenchment of more than three hundred twenty line and staff employees until the class 2009. Its office is located in St. James Road, Kingston -Upon-Thames, KTI 2BA, GBR.Reference www.finance.google.com/financecid=5763516Unilever company is a financially immutable company. The Income statement of Unilever UK for the year 2006 shows that the company generated in billions of pounds of revenues to the tue of 26,714. This shows a two pct decrease from the former year revenues. The 2005 revenues generated 27,304.4.This represented a decrease of four percent over the prior year revenues. The 2004 revenues generated only 28,584.1. The 2006 court of sales amounted to 13,540.3. This shows a four percent decline over the monetary value of goods sold of the prior year. The prior year cost of goods sold is 14,037.6. This is definitely two percent lower than the prior year cost of sales. The prior year sales amounted to 14,309.8. The company also generated plebeian profit of 13,173.7 for the year 2006. This is a sevensome percent decrease from the prior year gross profit. The prior year gross profit only reached of 14,274.4. Also, the gross profit ratio for the year 2006 is high at forty nine percent (13,171.7 /26,714). The gross profit ratio for the year 2005 is lower than the 2006 data at forty eight /100 percent (13,266.8 /27,304.4). The gross profit ratio for the year 2004 is high at fifty percent (14,274.43,171.7 /28,584.1). The companys operati ng income for the year 2006
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