Complete the formulas in this dashboard to give an overview of the MY BUSINESS financial position prior to applying any Scenarios (the original financial statements).
finance
Description
1.1. Financial Dashboard
Complete the formulas in this dashboard to give an overview
of the MY BUSINESS financial position prior to applying any Scenarios (the original financial
statements).
|
Ratio
(show the Formula) |
2019 |
2018 |
|
Gross Profit Ratio (Gross Profit /
Income) |
65% |
65% |
|
Net Profit Ratio (Net Profit / Income) |
2% |
14% |
|
Current Ratio |
|
|
|
Debtor Days |
|
|
|
Return on Equity |
|
|
|
Debt to Equity Ratio |
|
|
Note: Show
the formulas used in your workings
1.2. Commentary
Using the information from the Dashboard, comment on the
‘financial health’ of the business for the year ended 2019. Are your business’ ratios
stronger or weaker in 2019 than in 2018?
2.
SCENARIO
1
2.1. Scenario Name
_________________________________
2.2. Scenario Detail
Describe the Scenario
2.3. Impact of the scenario on
the financial health of the business
Describe the financial
impact of the scenario on the individual accounts in the Balance Sheet and
Income Statement. Was the impact an increase or decrease and what was the value
or % change? Would the change improve or worsen the ‘financial health’ of the
business.
2.4. Recommendations on future
financial strategies
Briefly describe 4 or
5 of your ideas to address or respond to the scenario
3.
SCENARIO
2
3.1. Scenario Name
_____________________________________
3.2. Scenario Detail
Describe the Scenario
3.3. Impact of the scenario on
the financial health of the business
Describe the financial
impact of the scenario on the individual accounts in the Balance Sheet and
Income Statement. Was the impact an increase or decrease and what was the value
or % change? Would the change improve or worsen the ‘financial health’ of the
business.
3.4. Recommendations on future
financial strategies
Briefly describe 4 or
5 of your ideas to address or respond to the scenario
