No More Worries!

image Our orders are delivered strictly on time without delay

Paper Formatting

  • Double or single-spaced
  • 1-inch margin
  • 12 Font Arial or Times New Roman
  • 300 words per page

No Lateness!

image Our orders are delivered strictly on time without delay

Our Guarantees

image

  • Free Unlimited revisions
  • Guaranteed Privacy
  • Money Return guarantee
  • Plagiarism Free Writing

Reading and Understanding Financial Statements

apply and illustrate what you have learned this semester, by submitting a full financial synopsis based on a hypothetical fast food restaurant. Below is a mock financial report indicating actual sales and expenses versus budgeted sales and expenses for a one year period of time. Review the report and write a 5 to 7 page financial review of this business incorporating the following areas:

Part I: Analysis (Sections 1 – 3)

Sub-divide your analysis into three distinct sections: 1) Revenue, 2) Expenses, and 3) Profitability

For each section, review the financial statement below and comment on:
• Current status, apply vertical analysis to both Actual Results and Budgeted Results.
• Determine and comment on the variance as it applies to each section. Ask yourself things like:
o How did management perform against what was budgeted?

Sample Solution

times of crisis, such as recessions. Free market capitalism is the concept of the economy being free from government control. The market is based on the needs of the producers and consumers. Milton Friedman and Adam Smith are a couple pioneers of the idea of uncontrolled economies, and the idea that the economy balances itself out. Smith believed that the economy didn’t need to be tampered, because supply and demand accounted for the changes without any required tampering. This is the opposite of Marxist Economics, which is the concept that the markets need to be controlled and planned. Marxist followers believe that capitalism is simply a stage in the process required to reach the end goal of a controlled market. These are two conflicting ideas that often separate the political left side from the right. Capitalism has implications far beyond economic aspects. Countries or governments with communist economic systems have experienced more political uprisings and revolutions than countries with capitalist economies. The Cold War provides proof of how countries with capitalist economies prevail above communist economies. Hong Kong demonstrates how economic freedom leads to happier people, and happy people typically don’t attempt to overthrow government systems. Capitalism is an effective method of avoiding governmental failure. The United States of America is an example of a capitalist, democratic, and relatively equal country in the world. If it’s compared directly to the Soviet Union, the United States is a progressive powerhouse. There are more equal opportunities for all different kinds of people. Even though not everyone ends up with the same socio-economic situation, people at least have a chance of achieving their goals if they work hard enough in a capitalist society. People in the Soviet Union were angry because they were impoverished, even though they believed they would be looked after by the government. United States President Ronald Reagan called for changes to be made with the Soviet Union, “We’ve stressed that an essential element in improving relations between the United States and the Soviet Union is human rights and Soviet compli
PLACE AN ORDER NOW

Price Calculator

Subject:
Type:
Pages/Words:
Single spaced
approx 275 words per page
Urgency:
Level:
Currency:
Total Cost:

12% Discount

image

  • Research Paper Writing
  • Essay Writing
  • Dissertation Writing
  • Thesis Writing

Why Choose Us

image

  • Money Return guarantee
  • Guaranteed Privacy
  • Written by Professionals
  • Paper Written from Scratch
  • Timely Deliveries
  • Free Amendments