Research Paper on Accounting Case Study Example | Topics and Well Written Essays - 2500 words

seek Paper on Accounting - Case Study ExamplePresently, the company is contributing $20 jillion of energy to US department (Solar Technology, n.d.). BP is withal focussing on the wind energy sector since the depute of Alternative Energy business in 2005. The company is estimating a production of around 1000 MW (Wind Technology, n.d.). BP has also taken initiatives to control the global warming problem. The company has already deployed CCS technologies in many of its plants. In CCS technology, carbonic acid gas is stored chthonicground, instead of blowing into the atmosphere. BP is planning to store 17 million tonnes of CO2 under CCS (Carbon Capture and Storage Technology, n.d.). BP sells its products under six different brands. The study brand is known as BP itself. It is into oil exploration, refining, solar projects, wind projects and transferral various products of the company overseas. Aral is an some other brand of BP, which is a famous brand in Germany and provides quali ty self-propelling fuels. The other brands under BP are Arco, Castrol, Ampm and terrific Bean Cafe. While, Arco is the provider of clean and low cost fuels in US, Castrol is the worldwide leading engine oil. Ampm is the convenience shop brand in Western USA and Wild Bean Cafe provides world class coffee and affordable food.BPs main objective is to produce affordable, unhazardous and secure energy and the creation of shareholders value. Creating a highly diverse energy portfolio with utmost efficiency is the eventual(prenominal) goal of the company. Along with this, BP also intends to produce sufficient fossil fuel resources. BP wants to be a major contributor to the process of pollution control for a low-carbon future. Efficient manufacturing, processing and delivering of better products are other major objectives of British Petroleum (Our Strategy, n.d.). Layout (structure)The organisation structure of British Petroleum consists of-ChairmanThe Board administrator directorsNon-E xecutive directorsBoard missions Chairmans Committee Nomination Committee Audit Committee Ethics & Environment Assurance Committee Remuneration CommitteeMethodology (methods used) ratio analysis has been used to comment on the financial find out of BP.Ratio AnalysisNet Profit Margin = Net Income/RevenueReturn on metropolis Employed = Gross Profit Margin = Current Ratio = Current asset/ current financial obligationAcid Test Ratio = Stock Turnover Period = Cost of goods sold / average stock certificateDebtors Collection Period = (average debtor / reliance sales) 365Note Since credit sales are not mentioned, the meshwork sales of the company has been considered as credit sales.Creditors Collection Period = (credit purchase/ average creditor) 365Note Since credit purchase is not mentioned, so the entire purchase (Annual Report 2008, pg 141) is considered to be the credit purchase.Gearing RatioDebt- virtue ratio = Total Debt / Total equityTimes interest earned = EBIT/ Total Intere stEquity ratio = Tot