Managerial Analysis
- Develop a 700-to 1050-word examination of the financial statements and include the following based on the static budget report:
- What was the primary cause(s) of the loss in net income?
- Did management do a good, average, or poor job of controlling expenses?
- Were management’s decisions to stay competitive sound?
- Prepare a flexible budget report for the year.
- Based on the flexible budget report:
- What was the primary cause(s) of the loss in net income?
- Did management do a good, average, or poor job of controlling expenses?
- Were management’s decisions to stay competitive sound?
- What course of action do you recommend for the management of Green Pastures?
- Show your work in Microsoft Word or Excel.
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