During the year, management decided not to replace a worker who quit in March,
During the year, management decided not to replace a worker who quit in March, but it did issue a new advertising brochure and did more entertaining of clients. Develop a 500-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®. Complete calculations/computations using Microsoft® Word or Excel®. Format the assignment consistent with APA guidelines.
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