Examine the financial reports uploaded below.

Question: Review the profit and loss statements, cash flows, and aging summaries. Be sure to include which areas were most and least profitable, why you think the profits are not better, and what you need to think about in the coming months. Identify and prioritise any significant issues. Prepare some recommendations for when the owner visits next week.

I have inserted the image of the financial reports below.

Transcribed Image Text:

Name Click here to enter text. Email address Click here to enter text. YumYums Ageing debtors report Store Downtown Debtor Kelly GM Downtown Smith's place Downtown Funeral home 1-30 31-60 60-90 90+ $550 $1152 $312 Comments Bounced cheque - wedding cake Celebration cake, mail returned Catering for wakes Name Click here to enter text. Email address Click here to enter text. YumYums Ageing debtors report Store Downtown Debtor Kelly GM Downtown Smith's place Downtown Funeral home 1-30 31-60 60-90 90+ $550 $1152 $312 Comments Bounced cheque - wedding cake Celebration cake, mail returned Catering for wakes

Answer rating: 100% (QA)

YumYums Ageing Debtors Report Summary Overview Store Location Downtown YumYums has outstanding oblig... View the full answer