Reference no: EM132478277 , Length: Word count : 1050

Develop a 700-to 1050-word examination of the financial statements and include the following based on the static budget report:

Question 1.) What was the primary cause(s) of the loss in net income?

Question 2.) Did management do a good, average, or poor job of controlling expenses?

Question 3.) Were management's decisions to stay competitive sound?

Question 4.) Prepare a flexible budget report for the year.

Question 5.) Based on the flexible budget report:

Question 6.) What was the primary cause(s) of the loss in net income?

Question 7.) Did management do a good, average, or poor job of controlling expenses?

Question 8.) Were management's decisions to stay competitive sound?

Question 9.) What course of action do you recommend for the management of Green Pastures?