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Review the Profit and Loss Report
Question: Analyse and review the information - then provide detailed answers to the following
Type or Section of PlanIs the cost of sales worth keeping the lines open?Discuss the profit or loss this is causing and what recommendations you would make.Review all of the figures - are the total calculations correct ?Identify any errors you can locateHas the increased cost in advertising had any impact on profit?Give details:
Review the operating expenses and outline figures that have altered and in what wayOverall, what is your opinion on the Net Profit/Loss final figures for the organisation.
Attachment:- Budget Report Template.rar
Agnes is 40 years old. She wants to know how much she should be saving each year for retirement. Below are the specifics:
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Tally Ho Inn has annual sales of $737,000. Earnings before interest and taxes is equal to 21 percent of sales. For the period, the firm paid $7,900 in interest. What is the profit margin if the tax rate is 35 percent?
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